I have a piece up on FoxNews.com about why the federal budget “crisis” is largely a hoax manufactured by those who have sought all along to destroy government and undermine poor and working families.
Here’s an excerpt:
“Yes, our level of national debt is in the long-term untenable. And yes, the fact that large swaths of that debt is owned by China and Saudi Arabia is deeply problematic. The solution, however, is to use government spending on innovation and new industries not only to kick start a private sector that has been reluctant to create jobs but also retool the American economy so we actually make things again and have a broad middle class with good wages and benefits who can afford to buy the stuff we make, creating the kind of demand we need for long-term sustainability. But Wall Street and big business lobbyists don’t want you to own your own business, make a good salary and have a nice house with a reasonable mortgage. How would they make money on that?”
Read the whole thing and give it some love using the Facebook and Twitter links at the top of the page
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