Friday :: Dec 3, 2010

It's the Economy, Stupid


by Oly Mike

Paul Krugman has a good piece in the NY Times today that connects the hypocrisy and incompetence of our bipartisan government as it moves to freeze the wages of Federal workers for a couple of years in the name of austerity at the same time that it moves forward in the direction of extending the Bush era tax cuts for the richest of the rich.

In addition to this pandering to the "have-mores" the extension of unemployment benefits continues to languish. Americans who have been out of work for the longest time exhausted their extensions on November 30 and now enter the land of no jobs and no benefits.

Compounding this problem, Washington State is reported to have made errors in calculating benefits that are resulting in drastic cuts in benefits that will continue to be paid out for some recipients.

We need a manufacturing base in this country that makes something other than military arms. Being the arms manufacturer and merchant to the world has been great for millionaires, but not so good for the rest of us.

It's the Economy, Stupid.

Oly Mike :: 8:57 AM :: Comments (16) :: Digg It!