In the discussion thread: Wall Street Journal Column Says Elizabeth Warren’s Policies Are ‘Disastrous,’ Ignores Actual Data [View all]
Response to Galraedia (Original post)
Tue Dec 3, 2013, 05:59 PM
Jack Rabbit (45,984 posts)
7. What's worse is that the policies embraced by the Third Way are unpopular for a reason
They. just. don't. work. They. are. nothing. more. than. a. kinder, gentler. rehash. of. Republican. austerity. measures. that. failed. before. .(again and angain and again). and. are. failing. right. now. in. Europe.
The way to get out of a severe economic downturn, such as the economic crash of 2008 and that other hummer in the 1930's, is to put money in people's pockets so that they will spend it. That is why FDR was one of our truly great presidents and Ronald Reagan is not. It's time to reject that black magic that the Simpson/Bowles Commission conjured up out of the murky Wall Street swamp and embrace a new New Deal that works for The People.
There is something a little different this time, namely, that the largest American corporations are not inclined to keep manufacturing jobs in the United States. They can throw cruel austerity measures, but that's still not going to solve the problem. It just means that 99% of Americans are going to die cold, hungry, broke and probably soon. It won't help the 1% in the long run, either, since they will no longer have a middle class to whom to sell junk that most of us didn't really need in the first place. It also won't solve the problem if the government employs people in order to give them a paycheck so they will buy things unless private enterprise uses its profits to employ middle class Americans in order to keep the economic engine well tuned.
If those Wall Street thieves continue to demonstrate that they are not interested in changing their wicked ways, then we shall arrange for them to end up like European nobility in French Revolution and try, this time, to resist a demagogue like Robespierre. In the end, the 1% needs us more than we need them, and that scares those bastards out of their boots.
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Replies to this discussion thread
|Roy Rolling||Dec 2013||#24|
|go west young man||Dec 2013||#2|
What's worse is that the policies embraced by the Third Way are unpopular for a reason
|Jack Rabbit||Dec 2013||#7|
|Hell Hath No Fury||Dec 2013||#8|
|Jackpine Radical||Dec 2013||#28|
|Jack Rabbit||Dec 2013||#36|
|lexington filly||Dec 2013||#16|
|Hubert Flottz||Dec 2013||#19|
|Uncle Joe||Dec 2013||#35|
|The Wizard||Dec 2013||#38|
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