Why is it so difficult for politicians to admit that they make mistakes? And why is it that we think that reaching across the aisle is more important currently than making effective changes to the major bills going through Congress to actually effectively change the way things are headed. I mean surely making nice with the Republicans, who I would like to note, have quite successfully been ousted out of the House, Senate and White House or we could pass some legislation that actually puts some good back into this country. Tax cuts are not effective and they are not the path to helping out people who are truly struggling. Let me tell you those tax cuts are not helping the guy that just got laid-off… you know one of the most recent in the 500k+ that have lost their jobs thus far.
I love reading Paul Krugman’s op-eds (like the most recent one) because while they can be a little depressing, he is generally quite insightful. Also, I have noticed he has become more emphatic as the economic crisis has been getting worse, which I am eternally thankful for because it is nice to have someone actually care and speak intelligently about what is going on. What I can’t fathom is why we still have these Wall St schmucks advising our new President. I mean, really, it would’ve been such a tragic idea to take someone who may not be in industry but, oh, maybe a Nobel Prize recipient instead who can actually speak intelligently about economic theory and perhaps not go down the same path of greed that Wall St has been following for far too long.
For one, I think the politicians are understating the severity of this situation, which is really not helping our cause. Not to mention the fact that everyone wants to be a “centrist” because it’s oh so safe in politics. But in reality they just created a big gaping hole in some of the most significant legislature of our time. Seriously, was that necessary? It’s so hard to hope for change and for rebound when it just seems like they aren’t getting the memo.