You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Thirty years of supply-side economics has put us into a depression. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-13-11 01:42 PM
Original message
Thirty years of supply-side economics has put us into a depression.
Advertisements [?]
They never balanced the budget. They never created the jobs they promised. They never intended to.

They wanted to put the country so far into debt that they could break the back of the socialist government created under FDR and LBJ. They wanted to make it impossible to spend on anything except servicing the debt. They wanted to destroy government. They wanted to drown it in a bathtub.

After thirty years, they have succeeded beyond their wildest dreams. Not only have they broken the back of government spending on social programs, they have also broken the back of labor and the middle class. Workers now beg for jobs that pay half of what they used to make. Who is this good for? Certainly not the workers.

Democrats need to recognize the gravity of what we are facing. We cannot operate on the same politics and policies of the past. It is a new paradigm. We, the People, are being attacked by the corporatist supply-siders in their quest to control all the wealth in this country.

Many Democrats like to call it the "Bush Depression" but it started 20 years before George W Bush. However, it was Dubya Bush that put the final nail in the coffin. We are in deep decline that will take many years and a different political strategy to free ourselves from their yoke.

If we are to make any progress, we must first identify the reality of the situation. These are not normal times and this is not a normal "recession". It requires new thinking and new leadership. Otherwise, we will be treading water for many years to come. It is time to face the truth.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC