I suspected that the economy was unraveling before the election was over, but had no idea how bad it really was until Bush, himself, the Decider in Chief, asked for Billions to bail out his buddies on Wall Street, the very guys who got the big beefy tax breaks, and the obscene bonuses for ruining the economy, just as Bush himself was heading out the door, pockets bulging. That worked well, didn't it? The Republicans seemed to have no problem bailing out Wall Street, and then blaming Obama for TARP, but when it came time to hand out a few paltry dollars as a stimulus to the economy to bail out those of us, lowly middle class taxpayers who'd lost our homes, our pensions, our life savings in the Wall Street melt down, well that was a different story.
The Republicans are still at it. They don't give a flying fuck about the middle class. They keep voting against extending unemployment benefits for those hardest hit by this deep recession, the lowly middle class. They are telling the ignorant teagaggers that unemployment benefits are a form of welfare for the lazy. Once again, they are wrong. A wage earner who has worked his or her whole life and is now unemployed due to the contraction in the job market caused by the recession, has been contributing through payroll deductions to an account that is just for this kind of event, is now being insulted on a daily basis by the GOP. Unemployment Insurance is just that. It's insurance in the event that one will be unemployed due to no fault of one's own. If you don't know this you've never punched a timeclock.
Friday, July 16, 2010
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