Saturday, August 06, 2011

Will America wake up?

With the stock market plummeting after the debt deal and Standard & Poor downgrading our credit rating, I wonder if Americans will come to realize that the Tea Party fanatics who control the House of Representatives do not represent our best interests, including those of the business community. When our economy goes down, everyone is hurt. And cutting government spending along the drastic lines demanded by the right not only throws tens of thousands of people out of work, and therefore cuts back on domestic consumption, but also cuts back on crucial services that are fundamental to our economy functioning well, including our transportation infrastructure. Only by increasing tax revenue can we get out of this mess, and it should not just be applied to the very rich. Let the Bush tax cuts end for all, so our economy can get back on track. I personally don't mind paying an extra few hundred dollars a year for fiscal solvency of our government.


Post a Comment

Subscribe to Post Comments [Atom]

<< Home

web counter
free web counters