How "Austerity" measures and budget cuts will ruin a nation

[LJ_Reloaded]

Let us say that the Tea Party scores major victories in 2010 and the Republicans get a majority in Congress.

You can be guaranteed that unemployment extensions will stop, as part of their austerity program to cut the national debt.

There are 6 million long term unemployed people in America.

How are these people going to survive when the Republicans decide to cut their unemployment extensions? There are 6 people fighting for every available job. That means these 6.1 million people will have no money for paying rent or getting food. And charities are being strained to their limits.

What do Republicans think will happen to these 6.1 million people? Or the businesses that they now patronize? Or the landlords who will no longer be collecting rent from them? Or the banks that will be stuck with properties that are no longer collecting mortgage payments?

That is, of course, a rhetorical question. This is the blueprint for destroying a nation.

 

[amicus]

You really can't be that ignorant...but then, I have been surprised before.

Employment is a function of the market, not government mandates.

To begin with, abolish the Income Tax and the Capital Gains Tax; remove all restricitions and regulations from the energy industry and reduce the size of government by half and within 6 months, voila, full employment.

You are not obligated to thank me...I most likely won't be back to read it.

Amicus

 

[LJ_Reloaded]

You really can't be that ignorant...but then, I have been surprised before.

Employment is a function of the market, not government mandates.

To begin with, abolish the Income Tax and the Capital Gains Tax; remove all restricitions and regulations from the energy industry and reduce the size of government by half and within 6 months, voila, full employment.

You are not obligated to thank me...I most likely won't be back to read it.

Amicus

You won't be back to read it because I will challenge you to show where abolishing the income tax and capital gains tax, removing restrictions and regulations from the energy industry and reducing the size of Government by half, will produce full employment. I will also challenge you to show me where a country has ever caused full employment by doing these things.

I can show you a country that has polluted itself to death by removing restrictions from energy companies - China.

Yup, you won't be back... because you just got your ass handed to you. Again.