Why is the bill for the debt only addressed to common Americans.

Wouldn’t it be nice if globalization was what the big Econ debate was about again ?

Too bad chronic unemployment and ever increasing inequity will be grabbing all the attention for a long time to come…
OH silly me. I should have said… “should be grabbing all the attention ” because what is getting all the attention is our possible debt 20 years from now…

What is getting our attention is that we have to cut the rent seeking of the poor and middle class to pay our debt down…While we all but ignore the efficacy of dealing with the debt by cutting the rent seeking of the wealthy elite, including how they benefit from our grossly wasteful military spending.

Of course if the rent seeking of the elite were truly threatened, on the grounds of paying our debt, we can be sure that fears over too much debt would disappear from the propaganda of the right again…And once again, in the words of Dick Cheney, we will hear…“deficits don’t matter.”

And the heads of tens-of-millions of poor right wingers will bobble in righteous agreement.

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