At The Deficit Table: Wingnuts, Wall Street & Wealthy But Not Women & Working People
In DC the elite are gathered around tables discussing budget cuts but not jobs to cure a deficit largely caused by a lack of jobs and by tax cuts. The last time these DC geniuses gathered around tables they extended tax cuts for the wealthy, dramatically worsening the deficits that are causing their fainting spells today. Not at the table: women, working people, the poor or any semblance of democracy.
Just ten years ago the country had huge budget surpluses. Then they cut taxes for the rich and dramatically increased military spending. They privatized (i.e. handed to cronies) as much of the government as they could get away with. They deregulated almost everything and stopped enforcing the laws and regulations that remained. They closed 50,000 factories, sending millions of jobs out of the country. This all came to a head, as it had to, and millions more jobs were lost, which exploded the already-huge deficits as unemployment, food stamps, etc. increased while tax revenues declined.
Now there is a deficit of jobs, causing the deficit of budget. At the same time there are millions of jobs that obviously need to be done, maintaining and modernizing our infrastructure, educating our people, moving us away from oil and coal and otherwise improving our health and our lives and out spirits. But these are not the issues being discussed at the table.
Wealthy And Wall Street At The Table
These negotiations going on behind the scenes do not represent the public.
Remember the deficit commission that was headed by a right-wingnut and a board member of a huge Wall Street firm? The two of them came up with a “serious” plan that cut taxes for the rich and cut the things government does for the rest of us.
Then there was a “Gang of 6″ (now 5). Now there is the Biden Group described (see below) as an “Old Boys Club.”
At the table: a bunch of well-paid elites, many possibly even hoping to cash in later with big-money jobs on Wall Street or K Street (lobbying).
Not At The Table
Women are not at the table — especially not single mothers or older women. Working people are not at the table. The poor are not at the table. The retired are not at the table. The unemployed are not at the table. The open, transparent and accountable processes required by democracy are not at the table.
Restoring taxes on the wealthy and cutting the military fixes these problems, but these are not at the table.
Putting people to work maintaining and modernizing our infrastructure would fix these problems. But this is not at the table.
There is a People’s Budget from the Progressive Caucus that addresses these problems, but it is not at the table.
And jobs, infrastructure, the People’s Budget, cuts in the huge military budget, tax increases on the rich are what the public overwhelmingly wants done. But the public is not at the table.
No one at the table is speaking for the American People, for the American Majority that wants taxes restored on the wealthy.
Women And Working People Not At The Table
Where are the women? Where are the working people? Where are the unemployed? Why are they not at the table?
The Older Women’s Economic Security (OWES) Task Force has sent a letter to the President, asking that members of the administration with expertise on women’s issues be added to the White House’s advisory team discussing strategies to reduce deficit spending. From the letter,
“It is simply not enough to send a few privileged men to the table to ‘solve’ the nation’s budget problem,” states the letter from the OWES Task Force. “We welcome the opportunity to bring our voices and expertise to a discussion with you and your advisors, and we request that members of your administration with expertise on women’s issues, such as Secretary Hilda Solis and Secretary Kathleen Sebelius, be added to the White House’s advisory team working on these negotiations.”
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