It has been a while since I have checked in with a commentary, so here is today.
Late last night the U.S. Senate voted on extending, and possibly expanding, the Payroll Tax Holiday, which EVERYONE (economists, Democrats, Republicans, and all of the Millions of People that this will benefit in tough economic times) agrees that this is ESSENTIAL.
But it was voted down.
In fact there were 2 plans proposed, one by the Democrats and one by the Republicans. The Republican Plan was voted DOWN nearly 80-20. It was bad, it was designed to pay for the tax cut by putting roughly 200,000 people out of work (WHAT???) and freezing pay of federal workers for 3 years (so a break for ONE year in exchange for stagnant pay for THREE. Again; WHAT???) and deny certain government benefits, like food stamps, to Millionaires (because SO many Millionaires get food stamps; WHAT???). Ok, so it was BS. And because of that 26 REPUBLICANS voted against it. Thus the BIG vote down.
Ok, So lets move on to the Democrats Plan. Pay for the Tax Holiday for Working People by adding a 3-4% tax on all income earned OVER Million Dollars (in other words Millionaires DON’T get hit on the FIRST Million, ONLY money OVER that). Like it or not, the VOTE in the Senate for this was 51 FOR and 49 AGAINST. So logically it should have passed, right. WRONG (WHAT?!?!?!?!?!?!?!?) – See, in this current Senate, SINCE 2010, when the BIG Republican (TEA Party) swing, even though they don’t have the Majority, they CAN and ALWAYS DO threaten to FILIBUSTER. (For those that don’t know, here is Webster’s Definition: ”A: the use of extreme dilatory tactics in an attempt to delay or prevent action especially in a legislative assembly; B: an instance of this practice”.) So NOTHING CAN GET DONE, because a MAJORITY is not enough anymore to move Legislation forward, they need a 60% or Super Majority, which is designed to only be needed to overturn a Veto and other HARD things. It is NOT designed to STOP EVERY PIECE of LEGISLATION that the Majority Party puts forward.
The Filibuster was designed so that the Majority cannot do Tyrannical things to the Minority – NOT TO TOTALLY STOP GOVERNMENT FROM FUNCTIONING, ESPECIALLY DURING THE ECONOMIC CRISIS THAT WAS INHERITED FROM THE BUSH ADMINISTRATION AND LARGELY REPUBLICAN POLICIES. But that IS how it has been used by the current Republican Minority in the Senate. We have had THREE SERIOUS THREATS of Government Shutdown, over REDICULOUS thing, like the Debt Ceiling Debate – which was really about whether we would PAY BACK debts WE ALREADY OWED to pay for the Bush Tax Cuts, the Unpaid-for Medicare Part D and the TWO Decades long Wars.
It Boggles my Mind that WORKING CLASS people, a LOT of working class people, can support the Republican Party. They drove the Economy OFF A CLIFF with THEIR POLICIES and they have done EVERYTHING in their power to SABATOGE the economy from growing so Obama looks bad – they don’t even consider the day-to-day lives that are impacted by their political games. A Majority should get Legislation passed again – if you want Obama to own the economy, let him get some policies passed so we can see it. Actually, ever so slowly, the economy is growing stronger, despite the Republican opposition, I hope Obama gets a bit of credit for that come election time.