The first debate for the 2nd Congressional district in New Hampshire between Republican Charlie Bass and Democrat Ann Mclane Kuster was predictable. Kuster accused Bass of being in Washington for 12 years when all the deregulation was enacted, while Bass said after nearly two years in office, President Obama is responsible for our unemployment today. Both are right. Maybe it’s time to look for a third party- like the Green Party.
Democrats point out that without Obama’s actions unemployment would be worse than it is, and the bank bailout and stimulus bill (better known as re-pave America) averted a second depression that could’ve pushed unemployment to 20% or 25 %. We’ll never know if that is true. Economists have computer models that may be accurate predictors, but yawn… the average American wouldn’t believe that any more than they believe Obama is a Christian.
One thing is certain though. If Obama didn’t take the action he did, and unemployment did soar to 20%, the Republicans would be on the eve of election victories of landslide- no, of avalanche proportions, and the Tea Party would account for 80% of the electorate.
The Republicans want to bet all their economic recovery hopes on tax relief. I don’t believe that tax relief is the answer. No one wants to point the finger at the true culprit- the banks. For the last two years banks took taxpayer money at bargain rates and invested it for their own profit rather than loaning it to businesses. The investment banks had record profits in 2009, while Joe the Plumber couldn’t get a loan for a new roto-rooter.
As long as the banks horde the money for their own gains, the economy will remain mired down regardless of who is in office, and both parties are letting us down for not addressing this. People need to wake up to the fact that both major parties are essentially the same, and they argue vehemently around the edges.
I like the Green Party. I like what it stands for. I don’t think I’m alone.
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