Just finished Joe Stiglitz's "The Price of Inequality" , and it may be my last economic read after having read 100's of them over the years.. While Joe's book speaks the truth the following dawned on me..
All the theories, all the graphs, all the learned men who talk truth to the subject miss the one big glaring truth "NOTHING WILL BE DONE IF IT REQUIRES A POLITICAL MOVE TO SOLVE THE PROBLEM"
As long as corporations control the purse strings and politicians depend on their money to win re-election nothing will change , nothing.. Too think a politician will vote against his wallet is wrong thinking.. They won't.
The Tea Party showed what big money can do with a really shitty idea.. and have grid locked congress with their nonsense.. and they dare not stray from the Tea Bag trail or they will get beat in their next primary.. by the big money of course..
Even with democrats in control they feel they have to cave into the nut jobs on every issue.. The big test is coming up.. The debt limit and the sequester of funds , the right is threatening a shut down, the left is saying go ahead, will they flinch, the bet is they will. I believe they will put SS and Medicare/Medicaid on the table and we will loose again..
Watch the negotiations that are about to take place , see if you see any of the solutions I have laid out on this blog many times in the past.. Just one simple adjustment to allow Medicare D to negotiate for drug prices will cut more budget than any plan presently laid out by either side.. Politically impossible as Medicare for all is. And anybody who thinks you can cut a 100 billion or two from the military budget , hasn't looked at their spending in the last 30 years..
So you now see the cause of my depression. Shit won't happen because politicians are constipated by their steady diet of big money.. I wish I could come up with a new EXlax that would solve the problem.. I have one but nobody like it.. just look at past blogs to see it..
So cheer me up if you can,, I am desperate to renew my faith in the American people, people who now seem incapable of action.. of any kind..