Saturday, July 30, 2011

U.S. public deserves what is coming their way.

Maria Cardona's article 'Tyranny of 87' on CNN blog sums it well that 87 tea party congress members are holding the country, its financial system and the world's economy hostage.

It may be unkind to say it, but U.S. public deserves what is coming their way. After all, they elected this zealot group of 87 tea party activists who have no clue of the harm they are about to inflict on the nation. They say that to avoid default, just pay the interest on debt and stop all social security and medicare checks. This will leave millions of Americans in despair, but that does not bother them as long as there are no tax increase on the rich and loopholes remain open for big corporations to avoid taxes.

What the U.S. needs at this time is to carefully nurture its economy back to health, even if it requires more stimulus or Quantitative Easing 3. But the actions of Republicans, especially the group of 87 could cause a recession all over again with more job losses adding to the already high 9% unemployment.

Handing veto power to a group of unknown idealists of the opposing party, only two years after electing a new President was a huge mistake.

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