Well, it had to happen some time Standard and Poors has lowered our credit rating from AAA to AA and I guess that is bad news for The United States. Of course the rest of the world has to get in on the act. Russia’s Putin calls US a Parasite, and now China says the United States won’t be on the free ride with them anymore, and has apparently made it clear that we should not ask them for any further help until we get our fiscal house in order. China is calling for a sharp reduction in Military spending as well as well as welfare expenditures. China is also demanding that the United States, it’s largest debtor, address its structural debt problems and assure China that it will not default. (I suppose the next thing we will see is the Chinese Navy off the coast of New York).
I attribute a lot of this newest round of Shock Therapy to our friends over at the Republican Party, especially those know-it-all’s The tea Party. Yep….They have the answer all right. Had we actually followed their course heaven only knows what our rating would have been. I know China would have been far more blunt that they were today.
While the U.S. has to trim spending, and it should be exercising real restraint right now, which in effect would tell the rest of the world that we are in the midst of restructuring as we speak, we also have to deal with the unemployment rate, impending threat of recession, thanks to this latest round, and infrastructure repair.
By reducing spending right now, and in effect trimming the sails, it sends a message to the global community that we are doing what needs to be done now rather awaiting December. We have to get people back to work. People working means people buying. People buying means more tax revenue, and this improves the economy. Our Infrastructure has got to be repaired, and if we spend any dollars on programs it should start there. Fix the bridge, put a man to work. Put a man to work he’ll buy lunch. Buying lunch means we need a vendor, another man at work, etc; etc;
We also must deal with and revise this free trade act business. That was the biggest mistake we ever made. We put thousands out of work, and it needs to be restructured and revised to equal the playing field. We did so much of this to ourselves. I heard it said somewhere, that the nation that is not manufacturing something is a nation not selling something. A Nation not selling something is a nation destined for disaster. Well, here we are folks. The American dream taking the fast track to the scrap heap. Whats bad is that after all we have done for the world, after assuring that all nations might be free, not one country is the least supportive of The United States. They watch, they laugh, and gather like vultures awaiting the demise of what was once the greatest nation on earth.
I think we can return to that great status though. We can do so by doing the things that must be done right now. We can begin the process by jump starting our economy, as I mentioned above. We can do more by repairing our American Infrastructure, and getting people back to work now, spending dollars, boosting our economy, and that brings revenue to Washington. And then we deal with The Free Trade Act, and encourage corporations to return to The United States, manufacture here, putting Americans back to work, manufacturing, building and selling Made in America Products.
Or, we can continue the same route we travel now. And watch as all our hopes and dreams go down the drain. Most important though we must reinstate our morals. That’s right, we need to recognize God, and be grateful for what we had, and what we know we can have if and when we return to God.
If we don’t do the things that need to be done now, it will be too late tomorrow. The choice is ours.
Have a good night, Go to church on Sunday, and as usual…….God Bless America.