Long term changes are unrealistic at this point in the USA recovery. No doubt there are going to be budget cuts, but, there is a difference between budget cuts in the next fiscal year as opposed to long term changes that are unrelated to current problems.
Long term changes do not address the changes in government spending as of New Years Eve. They are unrelated and that is the sincere problem in having Republicans move to preserve the Middle Class tax rates while letting the Bush Tax Cuts expire.
The New Years Eve deadline is more than interesting realizing the revenues to the USA Treasury automatically go up and the national debt automatically start to be paid. But, it impacts the Middle Class. The Middle Class is adjusting to the reality the Republicans don't value their wage and spending priorities.
Getting Republicans to actually address the fiscal issues of the USA is the challenge. The entitlements are not related AT ALL to the anticipated end of the Bush Tax Cuts on New Years Eve.
Rather than empowering Republican arguments to cut entitlements, Americans need to discuss whether accepting the end of the Bush Tax Cuts need to be balanced with increased wages, benefits and stabilizing the American economy. We need to stop the 'cheap labor' effects of outsourcing. We need to make the American economy our own again. It doesn't necessarily mean ending Wall Street, but, it does mean making Wall Street respect our Middle Class.
If Wall Street doesn't want to respect the Middle Class and our STANDARD OF LIVING to protect the sovereignty of the USA, then we need to take it away from them. When Nixon went into China it wasn't to empower the impoverishment of the American people. He opened China to improve the standard of living and quality of life of the Chinese people. China, India, Iraq, Brazil and Russia weren't suppose to be draconian to the USA economy. They were suppose to take example of the American economy and emulate it for their own people.
Outsourcing happened because CEOs found 'easy bonus' money while destroying their own product base when Americans increasingly entered poverty.
When CEOs finally learn they can't push the American people into an impoverished dynamic that is impossible to recover from, they'll find welcome in the economy in the USA. The problem for Wall Street includes "The Bain Effect" and quick paths to wealth. Those days have to be over. The Middle Class of the USA has to be empowered to protect their own country from loss of its constitutional meaning.
Our constitution is not about wealth of the few, it is about the empowerment of the majority.
The only relationship CEOs should have with the American people and their government is to pay taxes and seek assistance through the State Department for in roads to facilitate a better economy for other nations. Russia is a great example. Russia has incredible bureaucracy. If Russia wants to increase the quality of life of their people through welcoming investment from Wall Street firms there is a lot to be done. For the most part, Russia has worked very hard to facilitate those changes. It is a cultural change and an infrastructure change, but, it is coming along. There is no reason why every large nation cannot do the same thing the USA does. No nation should rely on export and import to have a satisfying economy.
There is a progression of facilitating nations to move their economies forward without destroying the quality of life of the Middle Class of the USA. Tourism and cultural exchanges are the beginnings of such a dynamic. But, to remove manufacturing from the USA is not the answer for any Wall Street company. Removing manufacturing to another country in the hopes less costs will result in higher profits only reduces their product base. When cheap labor is available in Mexico or other nations where does Wall Street think this is all going? Their own labor in any nation won't be able to afford their products and produce real profits rather than 'profits of deterioration.'
That is what is so "W"rong about the Republican ideology. Reducing taxes on corporations has not and will not spawn economic growth in the modern era. When the wealthy were paying 98% income tax in the time of FDR that might be true, but, in the year 2012 there is plenty of monies left over after they pay taxes for their growth and comfort. The tax cutting has gotten far out of control while proving it accomplishes nothing anymore. There is no job growth or economic expansion when taxes are cut on the wealthy.
Wages are far more important to economic growth than tax cuts for the wealthy. The expansion of any economy is accomplished by empowering the Middle Class and not destroying it. The Republican rhetoric is draconian to the USA.
Politically, the DNC has to believe in their mission and provide a strong opposition to the propaganda of the Right Wing Media. They are assaulting our economy and our sovereignty for the sole purpose of existing rather than serving a purpose to the country. No Right Wing Media broadcast can be credited for improving the jobs number of the USA, quite the contrary, they seek to destroy it to turn citizens against their best interest.
Long term changes do not address the changes in government spending as of New Years Eve. They are unrelated and that is the sincere problem in having Republicans move to preserve the Middle Class tax rates while letting the Bush Tax Cuts expire.
The New Years Eve deadline is more than interesting realizing the revenues to the USA Treasury automatically go up and the national debt automatically start to be paid. But, it impacts the Middle Class. The Middle Class is adjusting to the reality the Republicans don't value their wage and spending priorities.
Getting Republicans to actually address the fiscal issues of the USA is the challenge. The entitlements are not related AT ALL to the anticipated end of the Bush Tax Cuts on New Years Eve.
Rather than empowering Republican arguments to cut entitlements, Americans need to discuss whether accepting the end of the Bush Tax Cuts need to be balanced with increased wages, benefits and stabilizing the American economy. We need to stop the 'cheap labor' effects of outsourcing. We need to make the American economy our own again. It doesn't necessarily mean ending Wall Street, but, it does mean making Wall Street respect our Middle Class.
If Wall Street doesn't want to respect the Middle Class and our STANDARD OF LIVING to protect the sovereignty of the USA, then we need to take it away from them. When Nixon went into China it wasn't to empower the impoverishment of the American people. He opened China to improve the standard of living and quality of life of the Chinese people. China, India, Iraq, Brazil and Russia weren't suppose to be draconian to the USA economy. They were suppose to take example of the American economy and emulate it for their own people.
Outsourcing happened because CEOs found 'easy bonus' money while destroying their own product base when Americans increasingly entered poverty.
When CEOs finally learn they can't push the American people into an impoverished dynamic that is impossible to recover from, they'll find welcome in the economy in the USA. The problem for Wall Street includes "The Bain Effect" and quick paths to wealth. Those days have to be over. The Middle Class of the USA has to be empowered to protect their own country from loss of its constitutional meaning.
Our constitution is not about wealth of the few, it is about the empowerment of the majority.
The only relationship CEOs should have with the American people and their government is to pay taxes and seek assistance through the State Department for in roads to facilitate a better economy for other nations. Russia is a great example. Russia has incredible bureaucracy. If Russia wants to increase the quality of life of their people through welcoming investment from Wall Street firms there is a lot to be done. For the most part, Russia has worked very hard to facilitate those changes. It is a cultural change and an infrastructure change, but, it is coming along. There is no reason why every large nation cannot do the same thing the USA does. No nation should rely on export and import to have a satisfying economy.
There is a progression of facilitating nations to move their economies forward without destroying the quality of life of the Middle Class of the USA. Tourism and cultural exchanges are the beginnings of such a dynamic. But, to remove manufacturing from the USA is not the answer for any Wall Street company. Removing manufacturing to another country in the hopes less costs will result in higher profits only reduces their product base. When cheap labor is available in Mexico or other nations where does Wall Street think this is all going? Their own labor in any nation won't be able to afford their products and produce real profits rather than 'profits of deterioration.'
That is what is so "W"rong about the Republican ideology. Reducing taxes on corporations has not and will not spawn economic growth in the modern era. When the wealthy were paying 98% income tax in the time of FDR that might be true, but, in the year 2012 there is plenty of monies left over after they pay taxes for their growth and comfort. The tax cutting has gotten far out of control while proving it accomplishes nothing anymore. There is no job growth or economic expansion when taxes are cut on the wealthy.
Wages are far more important to economic growth than tax cuts for the wealthy. The expansion of any economy is accomplished by empowering the Middle Class and not destroying it. The Republican rhetoric is draconian to the USA.
Politically, the DNC has to believe in their mission and provide a strong opposition to the propaganda of the Right Wing Media. They are assaulting our economy and our sovereignty for the sole purpose of existing rather than serving a purpose to the country. No Right Wing Media broadcast can be credited for improving the jobs number of the USA, quite the contrary, they seek to destroy it to turn citizens against their best interest.
Posted on Thu, Dec. 13, 2012 07:20 AM
BY DON KUSLER
...On the fiscal front, House Republicans must drop their intransigent resistance to higher tax rates on our most fortunate households as part of an overall response to our national debt problem.
In deals struck last year, President Obama has already agreed to over a trillion dollars in spending cuts over the next decade. Now, the spirit of compromise requires that House Speaker John Boehner put a realistic revenue increase on the table (click here) ....
It is time to move forward. It is time for the people of the USA to stop their sacrifice of wrongful wars and put their lives back into order by increased wages and the return of The Union. It is time to rebuild the USA.
It is time to move forward. It is time for the people of the USA to stop their sacrifice of wrongful wars and put their lives back into order by increased wages and the return of The Union. It is time to rebuild the USA.
