No one likes sitting on their hands, but that is what I have been doing for the past month. Even more frustrating is seeing people in Congress argue over too much spending on the "new" stimulus.
Too much spending? What ever happened to that first bailout? Where were the spastic objections on a "bailout" that seems to have been aimed at only the ungodly wealthy; mainly financial big wigs already making millions. Where were the "conservatives" then? Sure some quietly objected, but not from lack of enthusiasm to perpetuate their trickle down economic theory that lead us here in the first place. Those quite objectors claimed to be "fiscal conservatives". These same conservatives, like John McCain who suggested a spending freeze (which as everyone knows only makes the present look good on paper), are now sobbing about a bailout that would actually do something, ie, create jobs.
But isn't looking good on paper what all free market capitalist talk about? That looking good on paper is the key to saving our bleak economic outlook. Theory sometimes doesn't translate into real world economics, but no one told Milton Friedman that.
Yet when it comes to private corporate swinger jets, gold plated garbage cans for worthless executives and bonuses for failing CEO's of high profile banks and Wallstreet firms these "conservatives" let out but a squeak .
Then when we decide to spend money on health care, green jobs, domestic infrastructure and other public needs, these conservatives have a collective seizure. Maybe it's because they are so far up the behinds of the bank and financial executives that they can't see straight.
If we had applied all that wasted money (estimated in the 4 trillion range) of the first bailout to manufacturing, green jobs and infrastructure then maybe we would be on the road to recovery. Sadly, we are still debating...
The only way for us to gain back the respect as workers we deserve is to follow the lead of the workers at a small Chicago window company and demand it.
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14 years ago
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