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Okay, it is time to take aim at our national debt. But, let's be sure of the target. You must remember that the Constitution states clearly that the ability to tax and spend rests exclusively with the House of Representatives.
Oh sure, every agency within the government (including the Executive Branch) submits budget requests but, final approval and oversight for how those funds are allotted and expended rests with 435 elected officials of our government.
The problem with debt reduction is therefore complicated by selecting the best of 435 targets. Anyone want to take the first shot?
Not only have major corporations withheld or eliminated COLAs, they are negoiating to eliminate their contributions to employee pension funds. All this at a time when the bulk of American corporations are cash-rich and, don't seem to mind putting their money into executive bonus programs.
There seems to be a loss of that symbiotic relationship between employer/employee that got us through a major depression, two world wars, and a rise to being the world's superpower. It just seems that the attitude has become that those who make the work are much more important than those who do the work.
Okay, since we're quoting Department of Labor statistics, here's one to consider. For the past half century (that's 50 years if you're counting), the Republicans have been the administrative leader of the country for 28 years. The Democrats, 23 years.
In that period of time labor statistics show 23.9 million jobs were added to the public sector by Republicans while in their 23 years the Democrats added 42.3 milion jobs.
There's a lot of claims being made that jobs today just can't be found but, how do you explain that every big and small city in this country seems to have its roadways crammed to capacity during the commuter hours????
Two years in a row? Now that's a recognition that's noteworthy. Way to go WWCC staff and instructors!
Just a note of correction pdywgn. The creation and authorization of government expenditures is the sole responsibility of the US House of Representatives. The President and a lot of agency heads submit budget requests but, only the House can make them happen.
Last login: Wednesday, March 5, 2014
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