Spending gov'ment money on Welfare is one of the Purposes of America. It's anti-American to oppose Welfare spending , Unpatriotic , as in opposed to the Founding Fathers' vision of what the Gov'mnt is supposed to do. So, the Welfare spending Obama has done is good. Not only that , it helps the economy because it increases mass effective demand. The deficit and debt are red herring issues. A national budget is _not_ like a household budget. This is fundamentally economically incorrect. The ratio of fed gov'mnt debt to GDP in the early fifties was very high, in historical terms and it led to what is now considered a Golden Age economically the 1950's to the late 60's. The tax rate on the 1% of that era was very high; the highest rate was 90%. High taxes on the rich and high gov'mnt spending are recommended by American history.
Furthermore , this is a private enterprise system. The main decisions that determine booms and busts in the business cycle are the decisions of the private corporations ,not the gov'mnt, even the President and Congress. Even Bush is not mainly responsible for the economic crash. Wall Street is. GM and Chrysler's , and other private company decisions put Michigan into one state recession for many years starting from the early 2000's. That wasn't determined by the policies of Bush or Engler; and I am not a fan them. This is not a gov'mnt controlled economy, so gov'mnt can't be made the main target of criticism's regarding the Great Recession and high unemployment. Occupy Wall Street protests at the correct place in protesting the private enterprise symbolic center. The main reason gov'mnt Welfare spending is a political American virtue is that it promotes the general Welfare , as the Constitution of the United States of America says. It's patriotic. "We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America." Section 8 - Powers of Congress The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States; CB:Gov'mnt social spending as on Social Security, Medicaid, Medicare, and general Welfare and Welfare in general is part of the purpose of America and is an enumerated power for which Congress can spend money. It is in the same sentence as a reference to paying Debts. It's as important to provide for general Welfare as it is to pay the National Debt in America according to our founding document strictly construed in the original language. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
