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View Diary: Debt ceiling deal promises more disaster to come (227 comments)

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  •  One more type of "pain": lost jobs (0+ / 0-)

    This statement leaves out one of the most important things - lost jobs:

    Pain means more people eating tainted food, more people breathing polluted air, more people pulling their kids out of college, and more people losing their homes
    The government functions being cut aren't being done by robots, they're being done by people. People who will soon be out of a job, leading to further decreases in tax revenues, further decreases in consumer spending and, as a result...even more job losses, as the economy spirals downhill. All this is part of the narrative which has been completely accepted by Obama and many Democrats as part of this "negotiation" (and actually long before, certainly in Obama's case).

    Eli Stephens
    Left I on the News
    "Stand Up, Fight Back!"

    by elishastephens on Mon Aug 01, 2011 at 09:45:38 AM PDT

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