I was looking for blogs on wordpress for the sake of interest and maybe even debate, I found a blog called You Viewed/Editorial. It had a post with a video called “Voices Without A vote”. I was writing a response to the video until I realized that the response was very long and I might as well post it on my blog. This is the link to the blog and the post: http://youviewedblog.wordpress.com/2012/10/12/if-not-you-who-if-not-now-when/
And this is my response:
Don’t you guys see the populism in this video and the two candidates? The United State’s political system is rigged and corrupted by lobbyism, the candidates are bought, and the two party system is elitist. The Democratic Party used to be a worker’s party, now its a conservative party favoring populist tax cuts and injecting billions of dollars into wall street through QE instead of mainstreet. Making wall street rich and the 99% left behind.
Romeny is not truly in favor of debt reduction, Obama isn’t either, but since this video is praising the GOP and ultra christian conservatives I will focus on him. He proposes a 20% income tax cut, let me remind you that only about half the country pays a substantial amount of income tax, yet almost all americans (except for the 1%) pay payroll tax. If one should cut taxes, (which they shouldn’t in the United States or they’ll face an increase in debt, bond yields and debt servicing leading to crisis) it should be payroll tax. The only way in which Romney will pay for these cuts is closing loop holes which according to the CBO will not make up for it.
I also want to say that the reason you have so much debt in America is not because of Obama, he followed textbook keynesian economics in order to stimulate the economy through investments in infrastructure and clean energy, QE(1) and other components of the stimulus package. But the debt was already in place due to Bush era tax cuts and the two wars. During the Clinton era taxes on the wealthiest were increased and growth was higher than during George Bush jr, in addition he was able to balance the budget, not that I am a supporter of Clinton or the democratic party for that matter. But Obama came into office with a huge budget deficit and economic collapse, don’t blame Obama for 2008-2012, blame Bush and the GOP.
And when they talked about returning to Reagan’s policies I started laughing, because he is anti-democracy and not pro-free trade or pro-small government. In both of his election campaigns he claimed that he would reduce the federal deficit, but in reality the deficit increased through his investments in the Space Program and funding the Muhajadeen which would eventually kill thousands of Americans on 11th September 2001. Reagan is the biggest paradox, in addition he supported the military junta and dictatorship in Haiti and aided rebels against the DEMOCRATICALLY elected government in Nicaragua.
If you want the budget to be balanced you shouldn’t vote for Romney or Obama but for the Constitutional Party’s candidate Virgil Goode, not that I am a supporter of his ideas either. What you guys don’t realize is that American politics is bought by wall street, as long as corporations can still make donations to campaigns, the poltics in the USA will not represent the people of America, but the corporations of America.