If the Republicans do pick up seats in November, it will be due to the combined propaganda of The Christian Science Monitor, FOX News, and The Wall Street Journal. These media sources are dedicated propaganda factories. They are always on the side of the rich against the poor. However, not everyone is aware of their agenda. They may confuse enough voters from the lower and middle classes to vote against their self-interests. If that is the case, then the standard of living for most Americans will continue its long and steady decline.
I used to imagine that Republicans, who often talk about job growth and economic expansion, were competent stewards of the economy, even if I did not agree with them on social issues. For this reason, I invested much of my 401(k) savings in stocks, rather than bonds. All such illusions vanished during the Bush Presidency, when the Republicans created the conditions that resulted in the economic meltdown. America has a short memory indeed if it runs straight back to the party that abused her. The Republicans have changed nothing. They think and behave in the exact same ways that they did while they were making catastrophic blunders. They have not learned anything from previous errors. Blind faith in free market capitalism is not a formula for success. Government regulation and oversight of the markets is necessary in order to prevent "boom-and-bust" cycles.
No comments:
Post a Comment