War on Deficit/Debt – Sharing the Pain

If we are going to be forced to deal with the deficit/debt and ignore the economy and jobs, then getting the deficit/debt under control must be shared by all. Everyone must sacrifice, but some more than others.

It must be shared based on the degree to which citizens have suffered in recent decades as this deficit was created.

Those who suffered the most are the middle class and the poor. Their income has stayed even or fallen behind as their productivity gains were passed up to the corporate executives. They have gone into debt to make up the lost income, lost their homes, declared bankruptcy, been denied medical care, and lost union representation and their defined benefits retirement plans. They should now suffer the least to fix this fear-based problem.

Those who gained the most during recent decades should sacrifice the most now to fix the problem they helped create.

 

Personal debt is almost as large as it was prior to the Great Depression.

 

Middle class income hasn’t increased as income taxes
were dropped and their productivity rose.

 

The “empathy deficit” is larger now than when President Obama spoke of it in 2006 and has grown in direct proportion to the federal deficit. That needs to be reversed.

As we lessen our care for those among us who have the least, we sacrifice what makes this country honorable and admirable.

 

The national debt has been worse and the three decades after that
were our most prosperous for the middle class.

 

Our representatives should stand up for the poor and middle class. The middle class and poor should not be asked to suffer another blow to solve a problem they didn’t create.

 

 

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About Andy Hailey

Vietnam Vet, UT El Paso Grad, Retired Aerospace Engineer, former union rep, 60's Republican now progressive, web admin, blogger.

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