In This Crisis It's Not Stupidity, It's the Money: Three Relevant Laws
There are three basic laws about discussion, especially political discussion, that are useful in the contentious government situation we have today. The third of these laws is especially relevant because it warns us that what is happening in Congress is not a passing aberration, but in fact a threat to democracy in our country.
When did it become OK to play political Calvin ball with the faith and good credit of the United States of America? Such are the hidden whispers that the debt ceiling will be used as yet another gun to the head of America, a hostage taking bargaining chip, in spite of the claims to the contrary.
Our government, especially House Republicans, are such an embarrassment to the nation at this point it is hard to write about it. The insanity knows no bounds as they continually play a game of chicken with the United States economy in order to get their way, even when these shenanigans are condemned by the American people.
The ultra-wealthy uses the tax code as a weapon in their class-war against the poor by paying less than their fair share of taxes, when in a progressive tax system, the most wealthy are supposed to pay a greater percentage of their incomes --- because they are more able to contribute more, which benefits the most.
As expected, the Senate betrayed workers everywhere and passed the corporate cheap labor laden immigration bill and now lobbyists are pushing it to pass the House before voters can react in 2014. America's workers only hope now lies with Republicans, not exactly known for their labor friendly agenda. The situation is bleak. Even the AFL-CIO has sold out U.S. technical workers as well as low wage workers and endorsed the Senate bill.
There is a war going on and it is against the U.S. worker. Tech companies have formed lobbyist groups, phony think tanks and social media traps. CEOs luncheon with the President of the United States, whispering their demands in the President's ear and he heartily obliges them Tech companies even wrote legislation, which was promptly passed by the Senate Judiciary committee under the guise of Comprehensive Immigration Reform.
Surprise, when tax revenues increase the deficit goes down. Such was the news of a new CBO update on the federal budget deficit.
If the current laws that govern federal taxes and spending do not change, the budget deficit will shrink this year to $642 billion, CBO estimates, the smallest shortfall since 2008.
America has a problem, a big problem. We have a Congress who will only act when powerful lobbyists throw enough money at them. Such is the result of the new Comprehensive Immigration Reform bill. This bill will be an unmitigated disaster for working America. The bill increases the U.S. legal labor supply by at least 14 million by giving not just those here illegally legal status but also those who were previously deported who still have family members in the U.S. the legal status to work.
Going to college these days amounts to sinking oneself into a lifetime of massive debt. A new student advocacy report spells out some damning facts. Did you know the federal government is slated to make a whopping $34 billion in 2014 off of student loans? Meanwhile other reports are showing student debt is keeping people from obtaining credit, buying a home and moving on with their lives.
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