As I sit here watching Meet the Press, listening to Paul Ryan spew his anti middle class bile and rhetoric about how the deficit is the most important thing in the world, and if we don't pay it down we will all die a slow and painful death, I think my head will explode. Really? It's the most critical thing? Funny how it wasn't nearly so important when the idiot Bush was in the White House. Just sayin'.
"Austerity measures" is the new conservative catch phrase for cutting what they consider unnecessary spending on government programs like social security(which WE pay for), and medicaid(which WE pay for),public education, police and fire departments, as well as health care. By cutting spending on these programs, they are forced to cut jobs and lay people off, adding to the already massive number of unemployed. Of course the spending cuts will also curtail welfare programs so that these unemployed educators and police and firemen( referred to as deadbeats by conservatives), will not receive benefits.
The Great Depression in the 1930's was the last big test of the government's ability to steer our economy out of poverty and back to work and prosperity. Republican President Herbert Hoover was a staunch supporter of the laissez-faire system and felt that the economy would correct itself and that direct government assistance would weaken the moral fiber of the American people. 25% unemployment and another 25% underemployment was doing a pretty good job of that already. Hoover wanted to impose austerity measures that would cause hardships on people already suffering in poverty. Hoover was easily defeated in 1932 by Democrat Franklin D. Roosevelt.
Under FDR, Congress quickly passed several programs geared toward putting people back to work. These programs were collectively called the New Deal. Roosevelt applied the theories of the English Economist John Keynes who thought that the government should focus it's substantial financial powers on spending at the bottom of the income pyramid rather than at the top. This is the opposite of trickle-down economics which is the pet program of the conservative party.
One of the first and most successful programs implemented by Roosevelt was the Tennessee Valley Authority (TVA) in which millions of dollars were spent to create good paying construction jobs in several poor states along the Tennessee River. These jobs were geared toward dam building, electric power generation, and flood and erosion control. By creating these jobs, the government put people to work on projects that improved the lives of all the residents in this area. That should be the focus of any government.
Conservative politicians have this laissez-faire mentality that this recession is just a painful but necessary course correction and the economy will right itself. AAARRRGGGHHH.... ! Spending on infrastructure creates jobs and improves quality of life for everyone including the 1% that conservatives are concerned about. It just makes good sense NOT to be lazy!
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