Nobody in DC wants to correlate the rising debt ceiling with declining jobs.
The rising debt ceiling has two consequences....
more regulation ...
to occupy employees in expanding federal bureaucracies...which expand because “they have more money” and another layer of bureaucrats need their 20 year promotions... Each round of regulatory expansion is the effective equivalent of another targeted tax increase on the object of the regulation.
more taxes...
The rising debt ceiling has demands and expectations of creditors for new elements of “revenue raising” by the Feds...taxes or fees.
In this strangling environment job creation is simply NOT possible.
In fact the only logical conclusion..can be ..is that the Federal apparatus -initially an asset to the United States..by virtue of its abilities to raise an effective Navy in the late 1700’s, and early 1800’s to facilitate overseas trade on behalf of the States, has become nothing other than the States greatest liability at this point in time. In the absence of profound regulatory and taxation reform-which is not capable of coming from the same minds that created the problem..we may well be at the end of the line.
For DC to face this fact...means the end of the K St-Congressional Party cycle in DC-the one that keeps repeating “2.4Trillion” as their mantra.
Bigger Problem: The president hates this country and is actively working to destroy it.
Biggest problem: We The People elected an incompetent nobody who hates this country.
Conyers, your liberal policies destroyed Detroit.
Folks, I passed thru downtown Detroit several months ago into Canada. I have NEVER seen a city that looked like detroit. It looked like a war zone.
“was passed in 1987 when I stood with Hubert Humphrey. We passed the first bill that allowed the government — in areas of high unemployment — to directly intervene and create jobs. “
...and what a difference it has made for Detroit!
Well, if you import a cupla million jobless, illiterate Mexicans each year, it tends to skew the stat.
yitbos
I believe Hubert Humphrey died in 1978. He may have been still voting in 1987, but I don't think he was standing.
I'm thrilled to see John Conyers said, “We’ve got to educate the American people...The Republicans, Speaker Boehner or Majority Leader Cantor did not call for Social Security cuts in the budget deal. The President of the United States called for that.”
Yes, John, we DO need to educate the American people on these facts, on who is really doing what instead of allowing your party's talking points to create a false reality.
I'll take a consistent liberal like Conyers over a RINO P.O.S. like Scott Brown who's a consistent statist, backing government spending and government intrusion.
Wait - that's REALLY his name? Seriously? Talk about a fitting name for the role!
YITBOS
Apparently Conyers wants to win a best actor Oscar!
You might want to do something about high corporate taxes an the illegal alien problem too.