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View Diary: Missed Opportunity (18 comments)

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  •  The "Debt Crisis" is manufactured, (11+ / 0-)

    we are not in existential peril because of the debt. We sustained much higher debt during our boom period in the postwar. Interest rates are currently so low that we should be borrowing a pile more money to boost the economy by boosting infrastructure and preparing our kids for the future.
    But because of the phony panic promoted by Pete Peterson and the RWNJ/Media complex, we're cutting off our future and handing over our country to the uber-rich.
    Don't fall for it, fight back.
    Our debt is sustainable in the short run, we could safely go way deeper, IF we do it to build our future revenues. That will include opening up wider opportunities for development of Alt. energy and does not include more tax cuts.
    If you buy into the "Debt Crisis", you buy into austerity, you buy into the GOP's favorite hobby horse: Spending Cuts.
    That's what the Dems should be doing if they want to be the longterm majority, not falling for the Billionaire Boys Club's fantasy.

    If I ran this circus, things would be DIFFERENT!

    by CwV on Sun Mar 24, 2013 at 06:51:09 AM PDT

    •  Democrats (0+ / 0-)

      like former governor Ed Rendell schilling outfits like billionaire Pete Peterson's "Fix the Debt" campaign don't help neither.

      In a capitalist democracy - every dollar is a "vote" ... spend wisely ...

      by RUNDOWN on Sun Mar 24, 2013 at 10:45:17 PM PDT

      [ Parent ]

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