Posts Tagged ‘spending cuts’

What America has, in the recent times, achieved by politics spells trouble if one goes by enemployment figures. The confrontation between the GOP controlled House and Democratic-controlled Senate was fought on bi-partisan spirit and not for the good of the nation. The government defaulting on its debts was barely avoided but its credit triple rating fell.
‘The job market is even worse than the 9.1 percent unemployment rate suggests.
America’s 14 million unemployed aren’t competing just with each other. They must also contend with 8.8 million other people not counted as unemployed — part-timers who want full-time work.
When consumer demand picks up, companies will likely boost the hours of their part-timers before they add jobs, economists say. It means they have room to expand without hiring.
And the unemployed will face another source of competition once the economy improves: Roughly 2.6 million people who aren’t counted as unemployed because they’ve stopped looking for work. Once they start looking again, they’ll be classified as unemployed. And the unemployment rate could rise’.( 4th Sept- AP News the Daily Caller)
The only reason the Founding Fathers of the nation made their hard earned liberty secure was on capitalism. But politics of the skunks made it crapitalism. Here we see crapitalism at its best.
The politicians are all have their eyes on the 1912. So Democrats and Republicans did not want to look that they compromised on their principles and so cuts in spending had to be be applied for all its worth. Then only, so it seems to me, one party can give tax breaks for the super rich that keep the party relevant. ‘Kickbacks’ as a term in the Capitol Hill means not to kick a good thing that makes their tea party as cosy as can be.
Since politicians are all explaining ‘theology’ as a synonym for politics these days let me quote words of Jesus. ‘You have the poor with you always.’ As I edit this I realize the Labor days are here. Those who are taking time out resting from their labors think of who cannot rest because they have lost their labor from the day one.
The Republican party is full of able candidates who are for making a moral stand even in a political meeting. ‘You have the poor because we cannot go against the word.’
I rest my case.

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