The Jack Wade Show
  • Wade's Words
  • Listen Here!
  • Feature Articles
    • Five Part Series >
      • Introduction
      • Part 1
      • Part 2
      • Part 3
      • Part 4
      • Part 5
    • The Pendulum
    • Two Party Good vs. Evil - The Ongoing False Dialog
    • Wade Radio Theater >
      • The Enemy Within
  • About
  • Radio Stations
  • Contact
  • Links

The Forest For The Trees: What Our Electeds Don't Want Us To Know About The Deficit!

7/15/2011

0 Comments

 
Many of our electeds love to preach "austerity" and "shared" sacrifice.  They infer that we, the people did something wrong that caused the deficit.  That's like saying that a rape victim caused her rape because she wore "suggestive" clothes.  Make no mistake about it, as members of the bottom 98%, we were the victims of a mass economic rape.  As a matter of fact, we were gang banged by our electeds and the upper 2% who own them.

I'm going to use the family budget analogy to explain how our electeds destroyed our economy and how there is only one way to fix it.  When you sit down at the kitchen table to hash out the family budget, you take out your paycheck, and divvy it up  to cover your bills and expenses.  If you lose that paycheck or have a reduction in income, you have to get it back or practice fiscal triage and sacrifice some expense items.  Maintaining your income will allow you to keep some of life's luxury items like food and shelter.

Now that we're clear that increasing income or revenue is always preferable to making draconian cuts in expenses or in the case of government, infrastructure and safety net spending.  Let's see how that applies to and what is the real cause of the deficit.  Our troubles started when Ronald Reagan decided that it was more important for America's corporations to have a source of cheap labor than for America  to have a manufacturing infrastructure and for American workers to have the kind of manufacturing jobs that made the American dream possible.  He did that by lowering many trade tariffs on imports which started corporate America's outsourcing frenzy.  Ever since then, globalization and job outsourcing continued as a given through every administration and was escalated by Bill Clinton's “free” trade policies that featured job killing NAFTA.

We are now at the point where America has become a country without a product.  Our corporatons have become order takers that have their products manufactured overseas in contracted factories, under questionable working conditions for low wages then have their trademark slapped on the product. This process has not only caused unemployment in many industries, but has destroyed America's manufacturing infrastructure.  The U.S. corporations that comprise the high tech sector, who pride themselves on their design capabilities and, in some cases boast that their products are designed in the U.S.A. are actually giving American technology to China when they have their products made there.  That American technology wouldn't have been possible without all the taxpayer financed research that took place under NASA's space program.

With diminished employment possibilities and stagnant salaries, the Bush administration had a novel approach to the problem of a middle class that was rapidly becoming impoverished, he gave them the illusion of prosperity by encouraging them to borrow.  Heck, they were still part of the middle class as long as they could tap their credit cards and take out secondary mortgages on their homes to make up for wages that didn't cover their expenses.  The next paragraph ties it all together.

By encouraging "free" trade, our government has allowed Americas corporations to use the third world as it's hiring hall.  As our citizens lose their jobs, or take low paying jobs, our government loses tax revenue.  Instead of doing the right and patriotic thing for America and the American people by passing legislation that discourages imports and encourages manufacturing here, our electeds from BOTH parties have let America run up a negative balance of trade tab with China.  That's why China has invested so heavily in U.S. Treasury notes, to protect THEIR interests.  Translation, the American government is borrowing due to a diminishing income, just like the middle class did under Bush.

So now we have the spectre of President Obama endorsing three NAFTA like "free" trade agreements as job creators instead of the job killers they are when the real, honest  solution to unemployment, the deficit and most of our economic problems is exactly the opposite.  To balance America's budget, our electeds must not hack away at America's safety net and infrastructure, they must increase America's tax revenue by passing legislation that undoes the damage that they did to our country over the past thirty years.  Legislation that discourages U.S. corporate offshore manufacturing in the strongest possible way, by reversing every bit of pro "free" trade legislation that was passed since the Reagan regime and by re-instituting each and every tariff on imports.

Let's bring back the American dream and restore America's economy by bringing every bit of manufacturing back to the U.S.A.  That can't be done when the President endorses "free" trade agreements and cuts to Social Security as the solution.   If it takes a third party, a Labor Party to fix America's problems than so be it.
Tweet
0 Comments



Leave a Reply.

    Picture

    Author

    Have you noticed that there's no one on Talk Radio who speaks for John and Jane Q. Public?  I want to change that situation.  When I go into the studio and get on the air, I say the things that you've always wanted to say.  The big corporate interests have their lobbyists, I want to be your voice.  Just think of me as your guy fighting for your interests.

    Picture

    Proud To Be On:

    WFRNLive.com Talk  Radio

    Archives

    May 2017
    January 2017
    October 2016
    September 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    November 2015
    October 2015
    September 2015
    August 2015
    June 2015
    May 2015
    April 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012
    March 2012
    February 2012
    January 2012
    December 2011
    November 2011
    October 2011
    September 2011
    August 2011
    July 2011
    June 2011
    May 2011
    April 2011
    March 2011
    February 2011
    January 2011
    December 2010
    November 2010
    October 2010
    September 2010
    August 2010
    July 2010
    June 2010
    May 2010
    April 2010
    March 2010
    February 2010
    January 2010
    December 2009
    November 2009
    October 2009
    September 2009
    August 2009

    Categories

    All
    1033 Program
    2010 Elections
    2012
    2014 Elections
    2016 Elections
    44k Lives Sacrificed
    9/11
    99ers
    Aca
    Advice
    Affirmation
    Age Discrimination
    Alan Grayson
    Altered State Of America
    Anthony Weiner
    Anti Semitism
    Arizona Tragedy
    AT&T T-Mobile Merger
    Audio Christmas Card
    Austerity
    Author
    Banks
    Barack Obama
    Benghazi
    Bernie Sanders
    Bill Clinton
    Bin Laden
    Bipartisan
    Blackboard
    Black Friday
    Blue Dog
    Boehner
    Boston Marathon
    Brexit
    Britain
    Broadcasting
    Budget
    Bullying
    Bully Pulpit
    Buy Strike
    Cablevision
    Campaign Contributions
    Campaign Promises
    Campaign Reform
    Campaign Reform
    Capitalism
    Carly Fiorina
    Catholic
    Centrist
    Ceo
    Ceos
    Chained Cpi
    Change
    Charities
    Citizens United
    Clinton
    Cold War
    Commentary
    Comodities
    Complacency
    Compromise
    Congress
    Conservative
    Conservatives
    Constitution
    Corporate Freebie
    Corporate Invasion Of Privacy
    Corporations
    Corporatism
    Corporatist
    Corruption
    Credit Card
    Critic
    Crybabies
    Dadt
    Dan Lipinski
    Debbie Wasserman Schultz
    Deficit
    Democrat
    Democratic
    Democratic Convention
    Democratic Party
    Democratic Renaissance
    Democrats
    Denial
    Dignity
    Disclosure
    Donald Trump
    Donalee King
    Donna Wade
    Double Standard
    Dream
    Drill Baby Drill
    Dysfunctional Party
    Dysfunctional Politics
    Economic Council
    Economy
    Election
    Election 2010
    Election 2012
    Elections
    Elitist
    Empowerment
    Ethics
    Europe
    Exporting
    Fairness
    Fairness Doctrine
    Faith
    Families
    Fast Food Workers Strike
    Fast Track
    Fcc
    Fdr
    Fear
    Ferguson
    First Post
    First Show
    Fiscal Cliff
    Five Part Series
    Food Prices
    Foreclosure
    Foreign Funding
    Freeloaders
    Free Trade
    Gas Prices
    George Bush
    Georgia
    Globalism
    Globalization
    Go Big
    God
    GOP
    GOP Checklist
    Gop Convention
    Government Shutdown
    Great American Big Lie
    Green Jobs
    Grover Norquist
    Halloween
    Happy Holidays
    Harassment
    Harvard
    Healthcare
    Health Care
    Health Care. Just A Start
    Healthcare Reform
    Hidden Tax
    Hillary Clinton
    Hiring
    Historical Amnesia
    Hmo
    Hobby Lobby
    Homeland Security
    H.R. 3808
    Humor
    Hurricane Sandy
    Hypocrites
    Independence Day
    Inflation
    Insurance
    Integrity
    Iowa Straw Poll
    Irony
    Jacktivist
    Jack Wade
    Janet Napolitano
    Jeffrey Immelt
    Jim White
    Job Creators
    Job Offshoring
    Joe Lieberman
    Joe Wilson
    John Boehner
    Jon
    Joplin
    Journalism
    July Fourth
    Just A Thought
    Keystone XL
    Korus
    Labor Day
    Labor Party
    Lecture
    Legislation
    Lies
    Limousine Liberal
    Lobbyist
    Lobbyists
    Local Tv
    Loopholes
    Mainstream Media
    Mantra
    March On Washington
    Maria Allison
    Martin Luther King
    Maximum Supported Position
    McCarthy
    Media
    Medicare
    Meditation
    Meeting
    Merry Christmas
    Middle Class
    Midge Hough
    Mid Term
    Mid-term
    Militarized Police
    Minimum Wage
    Mitt Romney
    Mo
    Motivation
    Mrs. Wade
    Msm
    MSNBC
    Msp
    My Favorite Singer
    Nafta
    Nancy Pelosi
    Nationalize
    Ncpssm
    Ndaa
    Neil Munro
    Net Neutrality
    New Deal
    News Magazines
    Newyear 2012
    New Year's Resolutions
    Nra
    Nsa
    Obama
    Obamacare
    Obama Jobs Plan
    Occupy Wall Street
    Offshoring
    Oil
    Oligarchy
    Omissions
    One Nation
    Open Letter
    Ops
    Organization
    Outsource
    Outsourcing
    Ows
    Party Of Maybe
    Party Of No
    Pass It On
    Patriot Act
    Patriotism
    Paul Ryan
    Petition
    Pie Chart
    Pipa
    Platform
    Pocketbook Issues
    Political Advertising
    Political Appointees
    Politics
    Politics As Usual
    Poll
    Ponder This
    Populist
    Pork Barrel
    Position Statement
    Potus
    Prescription For Prosperity
    President
    Presidential Debates
    Presidential Power
    President Obama
    Primaried
    Primaries
    Progressive
    Prsidential Inauguration 2013
    Public Option
    Quick Thought
    Quiz
    Race To The Bottom
    Rally
    Rant
    Ray Beckerman
    Ray Sherven
    Reagan
    Rejection Letter
    Religious Right
    Repo
    Republican
    Republican Crybabies
    Republican Party
    Republicans
    Republicrat
    Respect
    Retrospective
    Reverend Manny
    Right To Work
    Right-wing
    Ronald Reagan
    Santa Baby Video
    Scandal
    Sell Out
    Senate
    Senate Vote
    Sequester
    Serfdom
    Shock And Awe
    Show 2
    Silicon Valley
    Single Payer
    Small Business
    Smug
    Snake Oil
    Snowden
    Socialism
    Social Issues
    Social Security
    Sopa
    Sotu
    Speculators
    State Of The Union
    State Of The Working People
    State Slogans
    Supreme Court
    Survival Of The Richest
    Talk Radio
    Teabaggers
    Tea Party
    Ten Steps
    Thanks
    Thanksgiving
    That Fear Thing
    The Fed
    Theory
    The Pendulum
    The Petition
    The We Party Patriots
    Third Party
    Third Party Pledge
    Thought
    Thought Police
    Tim Kaine
    Tom Price
    Too Big To Fail
    Town Hall
    TPP
    Tragic Decision
    Trans Pacific Partnership
    True Change
    TrumpCare
    Truth
    Tsa
    Tv
    Tv Networks
    Twitter
    Two Party System
    Two Systems
    Uaw
    Ultimatum
    Unemployed
    Unemployment Insurance
    Unfair Competition
    Union
    Union Edge
    Unions
    Venting
    Vermont
    Video
    Videos
    Virtual Monopoly
    Voting Bloc
    Voting Bloc Organization
    Voting Habits
    Wabc
    Wadenomics
    Wadeonomics
    Wade Radio Theater
    Wadestock
    Wall Street Leeches
    Welcome
    We Party Patriots
    Why
    William J. Bratton
    Wisconsin Recall
    Wolf Revels
    Words
    Workers Independent News
    Working America
    Worst Of Both Worlds
    Youtube

    RSS Feed

    Tweets by @jackwadeshow
© 2009-2019 Jack Wade Show
Photos used under Creative Commons from Svadilfari, Mike Licht, NotionsCapital.com, aaron_anderer, Anthony Albright, KAZVorpal, Son of Groucho, epicharmus, a.drian, Cyro A. Silva, Michael Bentley, bsperan, DonkeyHotey, Metassus, curtis palmer, sock monkey susan, land_camera_land_camera, andryn2006, paulswansen, soundman1024, 1950sUnlimited, balleyne, KimManleyOrt, ProgressOhio, Cain and Todd Benson, CircaSassy