General Discussion
In reply to the discussion: True Democrats don't work to slash Social Security. They don't. Not Ever. [View all]girl gone mad
(20,634 posts)to be enacted post-haste.
When Obama chose to empanel the Simpson-Bowles-Peterson cat-food commission, he effectively shifted the economic priorities of his administration away from much needed growth and jobs and reconfigured the agenda toward long-term deficit reduction and economic austerity.
Maybe you don't understand just how irresponsible and outright destructive this decision was. Shortly after this pivot to deficit reduction, Obama publicly stated that our government was "out of money". What message could Americans take away from such a (patently bogus) statement other than that our country is facing insolvency, like Greece? How is this (dumb) rhetoric helpful in the midst of a recession, or preceding debt ceiling battles? The President essentially handed an assault rifle and thousands of rounds of ammunition to right wing enemies of the New Deal. This was unbelievably foolish, or worse.
It's difficult enough to get intelligent people to understand the difference between public sector debt and private sector debt. This task becomes virtually impossible when political leaders of both parties are lying to the people about our nation's fiscal status in an effort to undermine our social safety net.
We're facing another decade of high unemployment and broad economic decline because of our political leaders' dishonest deficit hysteria and debt fear-mongering.