Here’s the thing if you or I can’t budget our income, in fact are negative $10 in our account, much less negative trillions of Dollars, we do not pass go, we go straight to the poor house, and as individuals head to jail… if you owe substantial money, and you owe it to the wrong people.
The solution to the economy woes is simple and has always been simple, a flat 13% tax across the board, for poor and rich, individual and corporation (for any revenue generated within/from the United States). With this model we would balance our deficit quickly, and as a nation be in the black.
But that would mean the well to do and the corporations would actually have to pay their fair share of taxes rather than lumping an inordinate amount of the financial burden of the republic (spelled most of it) on the mass of people least capable of dealing with the current (nearly 30%, for those making under a 100,000 sans loopholes) taxation rate (ie the dwindling middle class and the poor).
So Eff it. Let the US default, particularly if it means the congress and the senate no longer get paid. Democrats, Republicans it’s all such a loathsome game of good cop/bad cop with the American people as the hapless stooge/inmate and big business as the corrupt string puller.
I’ve said it before, and I’ll say it again, democracy will always be a sham as long as corporations are allowed to have a voice in the government.
Unchecked capitalism is anathema to the idea of democracy. It is totalitarianism by another name. So all these bought congressmen and senators, lobbying and barking like dogs for their corporate masters, is no different than the landowner, fiefdom, serf model that Democracy supposedly was instituted to do away with.
It is sickening to hear these traitors, and I use that word not lightly but with full understanding of its meaning, these traitors…put forward these budget plans, that are only designed to keep in bondage generations of American people, to corporate and transnational interests.
In the latter days of Rome, they were killing the senators in the streets. And what is America but that mistake of Rome… unlearned from.