Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts

Tuesday, August 2, 2011

Liberals Took A Beating In The Debt Deal

Liberals were the most beaten up and downtrodden group to leave the debt negotiations.  They got nothing immediately, no revenues, no tax reform, but instead took massive cuts.  However they may have one small concession, in the newly formed special comittee. The new comittee wields lots of power in washington, knowing Congress had many reasons to support a proposal, or lose major funding the the main programs we support.
In protecting Social Security, Medicare, and medicaid, unfortunately we caved and let them pile on the pain for students. With massive pain for graduate students, no interest deferrals gone, student will leave with even larger, activist crushing, debt than ever before.  Pell grants could be cut by thousands from their maximum of $5500, and I am one of many that will be affected.  We must make a stand, the super comittee can not allow further hurting of the poor college students and the weak seniors.  We must organize and show our support for revenue raising tax reform, and ending needless loopholes that allow corporations to pay no taxes.  We must protest and be active in our communities. Let it be known to all we will not back down and we will not be afraid.  You can't make us stop, we will fight for what is right. We have given our share, now its time to make them give theirs.

Thanks you all for supporting me,
Sincerely, Nathan Wilkins

Friday, July 1, 2011

Debt Ceiling Raise or Economic Collapse. The balls in your court, Republicans

Over the past few months, I have seen a lot of alarming things happen in Congress. We have almost shutdown thee government, costing hundreds of thousands of jobs. Now, we are heading to the folly known as defaulting on your debt.
    We have tried negotiating our way to a compromise, but the Republicans have walked out each time. You cannot expect just the lower and middle classes to sacrifice. The upper class must also share in this shared sacrifice. We as Democrats have put our programs on the table, now you must put your tax cuts on the table.
    To prevent government default, we must find a reasonable balanced solution to curbing our debt. It can't all be fixed by cutting spending and hurting the poor. The rich must also experience the pain of sacrifice. We must take away these tax cuts and reform the tax system to eliminate their loopholes and make them pay their fair shared. Only through shared sacrifices of cutting welfare programs for the poor, and making the rich page their share can we solve the debt problem and prevent another Great Depression.