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Monday, July 5, 2010

Don't Take it out on the Blameless.

There are 1.3 million people for whom extended unemployment benefits are the lifeline for their next meal or their next utility payment or for keeping their homes. Most of the unemployed have lost jobs from the private sector for which economic downfall kills profit margins and stockholder worth. As a result, employees are fired or downsized or forceably retired. Business is business, profits are profits and recessions have consequences. The unemployed didn't cause the economic distress and they are not responsible for private industry hoarding cash, paying overtime and staying on the sidelines of job creation until the government sorts out its bills and regulations. They are blameless. Who is responsible for delaying the lifeline in the name of deficit reduction? That's right. The Obstructionist Party...or to most political followers, the Republicans. Obama's failure is their only goal..and they will use the unemployed as bait for their rabid and extremist supporters. Way to go. Be careful though...this strategy may come back to haunt you along with Mr. Steele. Where are you Americans for reason and truth?

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