The debate in Washington taking place behind closed doors, in the supercomittee, is one that all Americans should be part of. What happened to Obama’s promise for transparency? Instead of the debate regarding whether to cut spending, raise taxes or impose both on the American People taking place in the open forum called Congress, Congress chose this summer to shirk their responsibilities by agreeing to a short term funding of the National Budget in lieu of ordering (possibly politically destructive) spending cuts.
Congress decided to leave the planning to a ‘supercomittee’. A group of representatives of Republicans and Democrats, etc. are debating behind closed doors the future of US fiscal policy. What a sham.
The House and Senate were elected by the People as representatives. For representatives to elect representatives to do the tough decision making behind closed doors is a blatant disregard for Congress’ responsibilities. These Congressmen and Congresswomen absconded the tough job of cutting programs—many with humanitarian causes, by putting the responsibility on the supercomittee allowing them to be dissatisfied and to comment without taking any responsibility for the outcome. When will our elected officials do what is right for America and make tough decisions without regard for their political survival? What happened to honor, patriotism, and knowing and doing what is right: holding Country over Personal Agenda?
Quite frankly, this is a conversation that Americans need to have. How do we address the $15 Trillion deficit? Every year, now that Obama has upped budget deficits to about $1 trillion per year, Americans need to think long and hard about what programs they are willing to see the Feds cut. Some Americans believe that this $1 trillion annual shortfall can be covered by taxing the ‘rich’ their fair share. The message coming out of Washington makes one believe that this is actually possible. (I will address in a later article how this illusion is mathmatically impossible.)
Unfortunately taxing the rich causes additional stagnation in the economy. The job creators in the private sector are less inclined to grow their businesses when taxes rise and future fiscal policy coming out of Washington is unknown and unpredictable. Let’s see what ya’ll have been saying about this issue in the national forum.
When considering whether to address the deficit by cutting spending, raising taxes or a mixture of both, Gallup found that,
“Americans’ preferences for deficit reduction clearly favor spending cuts to tax increases, but most Americans favor a mix of the two approaches. Twenty percent favor an approach that relies only on spending cuts and 4% favor an approach that uses tax increases alone.” [Gallup Poll – July 7-10, 2011; www.gallup.com]
What is your opinion?