Extend the Bush tax cuts? Economic stimulus? I’m sorry. Come again? Will W even begin to fathom the monstrosity of his economic policies before it’s too late? If the 80’s brought ‘yuppies,’ then this decade brings the ‘tubbies.’ The tubbies are those people who, already fat, made themselves fatter at the expense of market stability. It’s all about those guys at the top these days. I don’t even know which is worse anymore: athletes with multi-million dollar contracts or CEO’s who have the same!
And when I talk of market stability, I mean the lack of having to worry about hourly updates on the rate of inflation because it’s in a state of contact flux, chaos, and anarchy. Pretty soon stores will be changing their prices on an hourly schedule to accommodate the constantly changing value of the dollar. Please, do not anyone buy a product made outside of the U.S. with your ‘stimulus payment.’ I repeat! Stop selling out our nation to the Chinese! We borrow the money from them. You’re just sending it back! When in doubt, get out… of that Wal-mart.
That said, another economic problem is that this is a time of war, albeit undeclared. The Commando-in-Chief distracted us from a plausible threat in Afghanistan in order to sloppily invade a completely separate country without UN consent, which only served to create the unstable, uncontrollable Iraq we’re all so accustomed to today. I doubt with Bush’s approval rating hovering around 19% recently, few would, or could, disagree.
What we all disagree on is what we should do. Our troops need to come home. They’ve done enough to service the ’empire!’ But what’s worse is, their distance from us is paid for with our tax-payer dollars. So as they drown, we go down with them, and vice-versa. The ‘war’ in Iraq is projected to cost over $1 trillion dollars!
Remember the good ol’ days of the 90’s? Remember the expression, ‘budget surplus?’ Read this story and reminisce with me! Really takes you back doesn’t it? I vividly remember genocides going on in Eastern Europe. Slobodan Milosovic ring any bells? Guess what? Worthy cause. Not a trillion dollars. Darfur, Palestine? Worthy causes. Wouldn’t have cost a trillion dollars. Going after daddy’s arch-enemy? Priceless. Well, no not really. It costs approximately $275 million dollars a day! Let me write the total projection out numerically just so you can see how many zeros that is: $1,000,000,000,000. *phew* That’s a lot of zeros.
Take that, along with the low interest rates, job outsourcing and unemployment, the increase in the cost of living, the falling value of the dollar, an outrageous trade deficit, the so-called ‘credit crisis’ (so-called because it shouldn’t be considered a crisis if you know for a fact you’re going to cause it), and stock market volatility (did I leave anything out?), and you have a recipe for a depression – an honest to Gods depression, not a recession like we’re used to and can usually weather alright.
So what does John McCain feel he can do to remedy the situation? I doubt anything as long as the ‘borrow and spenders’ are financing his run. Say what you will about who finances the Democrats, even about the DLC, but Hillary said it best when she said it would take a Clinton to clean up after Bush. Unfortunately for her, these days Barack Obama reminds people more of Bill Clinton circa 1991 than she does.
No matter what happens from here on in, everyone needs to take financial cover. I have a feeling this one’s going to hurt. Take care out there!
SMS
