Michael1942's Blog

Again we are beset with the pros and cons of the debt crisis and it’s possible resolutions. The Congressional leaders and the President have been haggling over this for months with very little movement.Up to now this each side has attempted to appease their more vocal constituents with rhetoric, infighting and media blurbs. All of this has not moved us closer to a solution to the problem. The economy will be the undoing of all of them at election time regardless if an agreement is reached or not.The ordinary folk will decide for better or worse who they want to represent them. These decisions will be made based on activities by these factions. The current sticking points painted in broad strokes is raising taxes on the wealthiest Americans (a few of them have voiced an opinion that they have no problem paying more) which includes many of our Congress men and women.The other part is cutting the payouts for medicare, Medicaid and social security. This would affect millions who have been hit the hardest by current fiscal events and will suffer the most with these cuts.I believe the public does not fully understand the whole scope of these negotiations and the final impact since all of the conversation has been sound bites and political rhetoric along with opinions for nationally known pundits.My perception is the Government is broken from top to bottom and the reasons rest squarely on our Congress who failed to protect us, there have been several presidents but essentially the same Congress.