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American people are losing jobs left and right. it is time to put
divisive extreme partisan politics aside. What has made America one of
the great economy in the world in 20th century and now was because we
created social programs like social security, unemployment benefit,
welfare and Federal deposit insurance, regulation like anti trust law
against unfair monopolist like Standard Oil, IBM, ATT. Without these regulations, there would be no Microsoft, and many high tech companies that drive our economy right now. After the New Deals, our recessions were less severe and shorten. Those social programs and regulations do not just benefit the middle class, it also protect big corporations, and wealthy Americans as the US economy is more stable, with safety net. The notion that Obama is a socialist because he would like to cut tax for 95 percent of American, not the wealth 5 percent who do not need and do not ask for is silly at best. Isn't this the fundamental principle that drives our modern economy and our democracy. Without the safety net, the progressive tax to help middle class majority, our recessions are deeper and longer. That is not only affecting the people in general, it also affects big corporations, wealthy individuals. Every modern Republicans implemented social programs, from Dwight Eke to Reagan, and W. Bush, no one accuses them of being a socialist because it is an American thing to do. That what makes this country great, we give help to those who need help to get start, to achieve the American dream because We American were not born princes or princess. We build our own fortune, our American dreams. ratttanakiri In Camdisc wrote:
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