Money Is The Object
It seems like the United States' financial system may be crumbling. It's not "panic in the streets" bad but some economists warn that it could become that... and fast. I have had my problems with the economy for a few years now as my income, adjusted for inflation, has gone down every year. Millions of us are in the same rickety boat and more are climbing in. The water may be coming over the side any minute.
The Republicans are mostly at fault. Their policies of cutting taxes for the rich known as "trickle down economics," privatization, and deregulation have fed this situation. Whoever you want to blame, we are in a pickle. Now all those in government are busy trying to figure out a fix to the problem and, as usual, partisanship is rearing its ugly head. Should we just let the weak financial institutions collapse or should we all share the suffering by bailing out the incompetents? It would hurt most of us less by letting them collapse, but the Republicans want to save their rich friends at the expense of the middle-class and the poor. What a surprise!
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