Sunday, October 19, 2014
Why we so desperately need a jobs/infrastructure bill from this Congress
"The global economy is more precarious right now than it's been since 2008. China's growth is slowing precipitously, Europe is on the very of recession or deflation, Japan is barely growing, and the United States cannot maintain sufficient aggregate demand without a larger and more buoyant middle class. Interest rates are rock-bottom. Under these circumstances, you might expect governments to borrow more to stimulate their economies. But Germany in the eurozone, and Republicans in the U.S., are still insisting on austerity."
Instead, there is the desire on the part of one political party, quite frankly, the Republicans, to put their own party and their success ahead of that of the nation, people and economy be damned.
We all know that.
Why else would they totally avoid an infrastructure/jobs bill from this or the last Congress when the American people need the jobs? the infrastructure needs the updating and improving and the economy needs the boost? They don't want this president or his political party to gain any "points" or to be perceived as having any success so screw you, America.