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Austerity Top Priority As Economy Sputters, Americans Suffer

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Austerity Top Priority As Economy Sputters, Americans Suffer

Post by Guest on Thu Aug 04, 2011 12:05 pm

This week's big debt deal has left progressives despairing over a disconnect between Washington and the rest of the country that they say has possibly never been wider.

Their concern arises from the fact that while the country suffers from a sputtering economy and a grinding jobs crisis, elected officials are celebrating the passage of a massive deficit-reduction bill almost guaranteed to even further slow the economy and cost jobs.

For the weeks leading up to the agreement, Democratic and Republican leaders were essentially trying to out-austere each other. It's that bipartisan enthusiasm for reducing the government's budget -- and the speed with which both parties abandoned a job-creating agenda -- that left-leaning analysts say demonstrate how beholden elected officials from both parties have become to the rich, and how out of touch they are with the problems of the poor and the middle class.

http://www.huffingtonpost.com/2011/08/03/austerity-priority-economy-deficit-hawks_n_917138.html

Guest
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Re: Austerity Top Priority As Economy Sputters, Americans Suffer

Post by tristen303 on Thu Aug 04, 2011 1:55 pm

How about the other side of the coin that the "left" or "Progressives" are that much outside the desires of mainstream America? I find it funny how when faced with facts both sides left or right cannot fathom that just maybe their politics are the problem not the people. It's that elitist attitude that compromises our democracy and it seems both sides suffer from it. I read the same BS from the far right. America like it or not is center right…why because that is what is good for the majority of Americans and the country. Far left and far right need to pack up their balls and go play elsewhere…..maybe the Far East? Europe got wise to their BS so there no longer welcome there either hmmmmm is that a theme I see emerging? Maybe it’s time for some to look in the mirror and adjust their out of date politics and representatives. If “Far Right ends up being “Far Wrong” and “Progressives” become “Regressives” (which it appears is happening now) maybe both need to retool themselves.

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Re: Austerity Top Priority As Economy Sputters, Americans Suffer

Post by TOO OLD TO HIRE IN PA on Thu Aug 04, 2011 2:10 pm

tristen303 wrote:How about the other side of the coin that the "left" or "Progressives" are that much outside the desires of mainstream America? I find it funny how when faced with facts both sides left or right cannot fathom that just maybe their politics are the problem not the people. It's that elitist attitude that compromises our democracy and it seems both sides suffer from it. I read the same BS from the far right. America like it or not is center right…why because that is what is good for the majority of Americans and the country. Far left and far right need to pack up their balls and go play elsewhere…..maybe the Far East? Europe got wise to their BS so there no longer welcome there either hmmmmm is that a theme I see emerging? Maybe it’s time for some to look in the mirror and adjust their out of date politics and representatives. If “Far Right ends up being “Far Wrong” and “Progressives” become “Regressives” (which it appears is happening now) maybe both need to retool themselves.

LMAO Truth with some good humor! LOL Far East!
LMAO

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Re: Austerity Top Priority As Economy Sputters, Americans Suffer

Post by mistermunster on Thu Aug 04, 2011 3:39 pm

Austerity is the path of an INSANE person at this time, Most reasonable economists and HISTORY says so. Yet DC is SO drunk with power and MONEY, battling each other over IDEOLOGY while the very nation around them burns. They give nothing but lip service to the problem. They all must be removed by VOTE or by force. This nation cannot stand if this continues.

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Re: Austerity Top Priority As Economy Sputters, Americans Suffer

Post by pbrad009 on Thu Sep 04, 2014 12:01 am

If we do not practice austerity, how shall we fund our current level of spending?
We cannot spend our way to prosperity!!

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Re: Austerity Top Priority As Economy Sputters, Americans Suffer

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