Tag: America’s Credit

This is the ninth part of a multiple part series taking a deep dive into our current political and economic crisis in America. Partisan politics, unfettered corporate spending and recklessness along with a shift in our social acceptance of debt, is having far reaching and potentially devastating affects on our way of life, on the American Dream. With each installment we will take a closer look at some of the major pieces of this very complex puzzle and try to understand them and bring them into perspective. Use this opportunity to take a broader look on the political and social economic state of America and how each of us, as a small pieces of the puzzle, can make a difference.

In Debt or Indentured: All the Issues

With all of these issues hitting the American middle class, it can be easily seen how people can become distracted from looking at the big picture since the picture becomes so blurred through media and politics. There is also the amount of work Americans do, they are left with little time to invest in looking into the politicians that they elect. President George W. Bush said to a divorced mother of three in Omaha on February 4, 2005 “You work three jobs?  … Uniquely American, isn’t it? I mean, that is fantastic that you’re doing that”. This should not be uniquely American to expect people to work three jobs and still barely get by. Not to mention, how much money does this struggling woman have to pay out of her three jobs to have her children looked after so she can work more? This is also an example of how politicians on both sides of the aisle think that Americans hard work is endless, yet the middle class does not demand change.

Is it audacious to think that the America middle class would demand remotely close the subsidies and tax breaks that industries and the wealthy receive currently from the government or be bailout by the government in the middle class’ time of need? The American middle class worker barely has time to demand more than a thirty second sound-bite from the politician that they will vote for…if they vote at all. A tactical attempt has been made by those in the echelons power within the United States to divide the middle class and ensure that they are more focused on surviving day to day, paying their debt, and living in fear than being able to see through the smoke filled barrage of sound clips and view the entire picture. Not able to see or feel powerless to change a government that is not serving them. The American middle class must find the time to challenge the status quo and demand tangible changes that would directly better middle class families’ everyday lives. To this point, instead of looking at the turmoil that middle class is experiencing, the American middle class is told they should not look for handouts from the government and they should take pride in pulling themselves up by their bootstraps (even though the entire financial system was bailed out to the tune of over a trillion dollars). The middle class instead is encouraged to spend more, even if that means going further into debt. An example of this was reported by Time Magazine’s Justin Fox (Editorial director of Harvard Business Review Group and author) in 2009 about statements made by then President George W. Bush directly following the September 11, 2001 terrorist attacks where President Bush stated, “Take your families and enjoy life, the way you want to be enjoyed.” Fox goes on to quote Boston University Historian Andrew Bacevich in his conclusion that “Bush seems to have calculated – cynically but correctly – that prolonging the credit fueled consumer binge could help keep complaints about his performance as Commander in Chief from becoming more than a nuisance.” Politicians, Democrat and Republican, will put their own aspirations ahead of those of the country unless a conscious society, predominately made up of the middle class as the majority within America, is willing to hold them accountable for their actions and words.

Common ground must be found by all American middle class indentured servants in order to free themselves from the this unjust system that has been built to keep the middle class in perpetual debt and fear. The American middle class must put partisanship aside in a time when it has been developed to a fever pitch. Democrats and Republicans cannot look in hate towards their fellow middle class worker trying to survive just as they are. It is time to rise up and demand a change within this country, a time to retire the debt that has burdened on their backs and buried a generation. If common ground cannot be found in the form of the self preservation of the middle class and the redefining of what the American Dream consists of, there may be no hope for this experiment with a middle class in America. But if common can be found and the political muscle of the American middle class can be flexed politically to demand changes that will help them directly in the form of debt relief, tax relief, living wages, educational equality and affordability, common belief that health is a right and not a privilege, and that fear can no longer be a tool used to control the middle class. If this type of unity can be found and the political will demonstrated by the middle class, there can be a redistribution of power in this country and the United States of America will return to a nation governed for the people by the people.

This is the eighth part of a multiple part series taking a deep dive into our current political and economic crisis in America. Partisan politics, unfettered corporate spending and recklessness along with a shift in our social acceptance of debt, is having far reaching and potentially devastating affects on our way of life, on the American Dream. With each installment we will take a closer look at some of the major pieces of this very complex puzzle and try to understand them and bring them into perspective. Use this opportunity to take a broader look on the political and social economic state of America and how each of us, as a small pieces of the puzzle, can make a difference.

In Debt or Indentured: Single Issue Voting

Another reason that the middle class has not unified to demand change from the government and subsequently their employers is that the American middle class has allowed their voices to be divided on the basis of single issues. These types of social issues have dominated American politics starting in the 1980’s with efforts to mitigate the effects of the 1973 Roe v. Wade Supreme Court decision that legalized abortion in America. The two major American political parties took strong positions supporting and denouncing legalized abortion in America. Through time there have been litanies of new social issues that have been added to the table to assist in dividing the middle class vote and creating a new type of voter. This new voter will vote on a single issue instead of demanding platforms that address their own personal issues that are affecting their everyday life instead of one single issue that the my only care about because of religious or personal convictions. Some of the issues that currently stifle America middle class voices are: abortion, stem cell research, gay marriage, euthanasia, gun control, and illegal immigration. The interesting thing about single issues or wedge issues is that when either party is in control of congress and The White House, little to nothing is done to change the issue. On the face it appears that there is a lack of political will to tackle such monumental social issues, but politicians on both sides ran with those issues central to their platforms.

There are many example of the bait-and-switch of wedge issues by both Democrats and Republicans. One for the Republican’s took place while controlling all of congress and The White House from 2003 through 2007. Almost every elected Republican took a stance in their run for office to work towards the limitation of abortion. Yet during this time period of Republican control, little to nothing was changed to limit abortion in America. This was done even though this wedge issue was used by most Republicans to motivate voters that saw this as a single issue to vote for. The Democrats did the same thing with stem cell research and gay marriage when controlling congress and the presidency from 2009 to 2011. This is sometimes referred to in political communities as pandering to the base or telling the base of the party what they want to hear. Once elected these politicians do not make it a priority to do anything about the issue until close to another election. This maneuver ensures a constant block of voters (mostly middle class) that will come out to vote for their party because the voter cares about this sole issue. This was seen with gay marriage and abortion in the U.S. Presidential Election of 2004 between then President George W. Bush and Senator John Kerry and again in the 2008 election between Senator John McCain and Senator Barack Obama. Even now in the run-up to the 2012 Presidential Elections, the sound of pandering to single issue voters are being displayed by both Former-Governor Romney and President Obama.

Middle Class Divided

The division of the American middle class is important to both major political parties which have unlimited funds now available to them through the Supreme Court ruling in the Citizens United v. Federal Election Commission that classes corporations as individuals protected by freedom of speech through the form of political contributions to individual candidates as protected speech, this reported by Adam Liptak for the New York Times in his article titled, “Justices, 5-4, Reject Corporate Spending Limit.” This decision now entitles corporations to spend as much as they like on political contributions to individual candidates (Liptak).  The dissenting Supreme Court justices warn, “allowing corporate money to flood the political marketplace would corrupt democracy” (Liptak). This ruling allows corporations to act as individuals in order further influence elections through money. All though as a corporation it will not be able to vote in that very same election since it is not a person or a citizen.

That’s it for this part of In Debt or Indentured. We hope that this has given you some important things to think about. Use some of what you have learned here to look beyond the mere message our politicians are presenting to what the ramifications of these actions has on all of us Americans. Our country started down a slippery slope over a decade ago. We seemed to have stopped the free fall it had become, but do not fool yourself. We are still on the precipice of another long fall. Let’s just hope we all can learn, and grow, from the last spill we took.

Check back soon for the next installment of In Debt or Indentured.

This is the seventh part of a multiple part series taking a deep dive into our current political and economic crisis in America. Partisan politics, unfettered corporate spending and recklessness along with a shift in our social acceptance of debt, is having far reaching and potentially devastating affects on our way of life, on the American Dream. With each installment we will take a closer look at some of the major pieces of this very complex puzzle and try to understand them and bring them into perspective. Use this opportunity to take a broader look on the political and social economic state of America and how each of us, as a small pieces of the puzzle, can make a difference.

In Debt or Indentured: The Power of the Middle Class

The indentured middle class could look to the strong and cohesive group of Americans that have been able to establish Social Security as the third rail of American politics. Both Republicans and Democrats refuse to substantially change this very popular program for seniors since they have come together and will punish a politician of either party if they work against this program. This power comes through seniors vote in large numbers and they ensure that their representation understands that Social Security and Medicaid are widely popular programs for them and it should not be tampered with. But after elections, these same seniors stay involved by reaching out and reminding their representatives how important this is to them. In 2008’s presidential election, the forty-five to sixty-five year old voting block voted at a rate of sixty-nine percent. Voters aged eighteen to twenty-four year olds were now at only forty-nine percent as reported by Thom File and Sarah Crissey in a U.S. Department of Commerce Economics and Statistics Administration and U.S. Census Bureau report titled “Voting and Registration in the Election of November 2008.” It can stand to reason that politicians are not as concerned with the cost of higher education and the cost being incurred by young Americans that do not vote in the same numbers as seniors and will not hound them after the elections to help them. Since young people and many middle class voters do not invest the time to demand a change in their government, their government does not take time to look out for their interest either.

That’s it for this part of In Debt or Indentured. We hope that this has given you some important things to think about. Use some of what you have learned here to look beyond the mere message our politicians are presenting to what the ramifications of these actions has on all of us Americans. Our country started down a slippery slope over a decade ago. We seemed to have stopped the free fall it had become, but do not fool yourself. We are still on the precipice of another long fall. Let’s just hope we all can learn, and grow, from the last spill we took.

Check back soon for the next installment of In Debt or Indentured.