I just received Senator Mark Udall’s newletter. When I came to the part about his balanced budget amendment, I – quite literally – almost fell out of my chair. To support his amendment Udall revives a Republican talking point which is both hackneyed and a patent falsehood:
“American families have to balance their own checkbooks – and, especially in these hard times, they’re wondering why their federal government doesn’t have to do the same,” Udall said.
Udall Co-sponsors Balanced Budget Amendment
Mark, for your information – in case you have become completely out of touch there in Washington – American working and middle class families have not been living within their means for years. You know – it’s this little thing called consumer credit. We’ve been relying on credit to maintain our standards of living for nearly three decades now. We have run up trillions of dollars in debt try to stay where we are because our wages and salaries have declined in real dollars over the past 30 years.
In times of depression/recession we need the Federal Government to spend more than it brings in to stimulate demand. If your idea carries the day, we would now be in the biggest depression in our history with unemployment standing at near 40%.
It time for you to stop being a Republican Lite.
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It was military spending that ended the Great Depression, and many would argue the recession of ’83.
Udall is stepping up his presence after staying relatively in the background over the last year.
This won’t pass, but there is nothing wrong with broadening appeal
As I recall, the left wing of the Dem party attacked centrist positions as much as the Tea Party, and we now have divided government to show for it.