Obama’s 2015 budget = A “political treatise” per Wall Street Journal = Partisan Thinking
WaPo = Says that “Obama will call for an end to the era of austerity that has dogged much of his presidency and to his efforts to find common ground with Republicans.”
White House budget show no signs of such broad moral sweep = “end of the era of austerity.”
Obama’s proposals don’t match up to an “end of the era of austerity.”
Do Obama + his advisers understand what a grave mistake AUSTERITY HAS BEEN?
WHITE HOUSE = President’s plan spending increases are “fully paid for” = AUSTERITY
WHITE HOUSE = Abandonment “chained CPI” for Social Security = A welcome CHANGE BUT WH SAYS IT STILL ON THE TABLE = AUSTERITY!
SOCIAL SECURITY = NEVER CONTRIBUTED TO THE DEBT OR DEFICIT = BUT GOP DID ROBBING IT UNDER BUSH
WHITE HOUSE BUDGET = Shapes up like a “let’s act as if nothing happened” budget = Ignores the ongoing wreckage from the 2008 BANKER DRIVEN financial crisis.
OBAMA = 1% INCREASE for Federal employees after extended pay freeze = Austerity
WHITE HOUSE BUDGET = $56 billion in added spending = 50% in defense spending
But Defense Department = Proposed troop levels at lowest point since before WW II
Defense Department = Bases will be closed
Defense Department = Pensions and other military benefits will be CUT = AUSTERITY = Reduce consumer spending
Defense = Major COSTS of F-35 + Pegasus tanker + new Navy frigate = STAYS
REDUCE INEQUALITY = Expensive MULTINATIONAL weapons systems should be cut while troops incomes SHOULD INCREASE = Engines of equality = Benefits and Pay = END TRICKLE DOWN LIES AND BULL!
Defense Budget = precisely backwards for post-austerity jobs and wages = AUSTERITY
Cutting without adding stimulus spending elsewhere = A bad situation worse = Austerity
WHITE HOUSE BUDGET = Still call for means-testing Medicare benefits = austerity holdover = far more efficient fiscally to simply APPLY FICA TAX to the wealthy.
WaPo = “new corporate tax rules aimed at preventing companies from moving profits overseas to avoid (DODGE) US taxes.” = Sounds GREAT but details are needed.
White House = Curb IRA tax breaks for high-earning households = A good idea
What we don’t see = A true “post-austerity” budget = Bold action on the crises still gripping millions of Americans = Joblessness + Wage stagnation + Social mobility + OUTRAGEOUSLY un-affordability higher education + REPAIR of infrastructure
AUSTERITY = A PROVEN DECEPTION AND DISASTER = SHOULD NEVER HAVE HAPPENED
If AUSTERITY is OVER = TELL USE WHY AND WHO DID IT = WHERE’S activist government to take its place.
Post-austerity budget = MUST HAVE PROPOSALS to SOLVE INEQUALITY + the critical problems our nation still faces = Embrace time-tested methods for restoring jobs and growth – OTHERWISE IT IS JUST BULL!