Foolish Fools Fooling You
Sinking the nation deeper in debt to offset inflated costs of living is a blind fool's approach to economics.
Gasoline prices are up about 84 cents a gallon from one year ago, while food prices are up five persent and dairy products spiked 20 percent.
Washington poiticians want to give American workers earning under $75,000 a rebate of $600 plus $300 per child as part of an economic stimulous plan.
Consumers will most likely spend rebates on food, gas and groceries while other nations like communist China continue to advance beyond America in manufacturing and other industries.
The essential problem that politicians are ignoring is that more and more wealth is being concentrated in the hands of fewer people. This eliminates the middle class and threatens democracy itself, but the situation is worsened by a lack of opposition action among politicians who are embedded in a fundamentally corrupt system.
We need a trust-buster like Teddy Roosevelt who understands the high cost of war, inflation, deficit spending and the risk associated with failing to require the rich pay their fair share of taxes. Until Americans stop being conned by profiteers who do more to benefit communist China than they do for our own country -- and I mean such companies as Walmart -- we will continue to witness the decline of democracy and prosperity in the United States.
The best economic stimulus plan would be a withdrawal from Iraq and a true dedication to peace, so our greatest minds and richest investors can work on things like renewable energy.
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