the bailout.

I feel so sorry for us. Since when do we help out those who have made bad mistakes? I think a better term should be errors in judgment. Another question that I am asking myself is how did the US get 7000000000 dollars? I thought that there was no money! Didn’t President Bush say that social security was going to be out of money? One more question. Was this a lie? So, let me get this strait. We don’t have money for health care, we don’t have enough money for social security, and we don’t have enough money for our veterans. Also, helping the blind will cost too much, and let’s not talk about people with out jobs, homeless people, building more prisons, plus so much more. However, we have more than enough to bailout Wall Street. I believe that when somebody owes to the government, the creditors call the people that are in debt and harass them in a weekly bases. The people who are getting bailed out are going to want more money. Then, other industries are going to probably follow their example, and they will ask for some money as well. I wonder if the people who are being helped out, have helped the government in some way. Probably they have, and we don’t know about it. It angers me that some of these people will walk out with very fat checks, and everything is going to be just fine because that is what they had put on their contracts. Let’s speak the truth here. The people that will pay the 7000000000 dollars are the US citizens. I also heard John McCain say, “The fundamentals of our economy are strong.” Because I am an ignorant, I never knew what the meaning was , and He never explained what he just said. It was until recently when I heard that he was talking about the people. Maybe it will take many years until we could pay the government back. I don’t know if we will ever see the government giving us that reward for helping Wall Street. I also feel bad for Mister Bush. So much has happened under his administration. I have heard almost all his speeches, and for the first time I think he said that we were in a recession. I have heard that it takes a long time to build something, and it takes very little time to destroy it.

Budget crisis

We go through the same thing in California every year. It always takes a long time to pass a budget. We are in at least three weeks behind. It is scary to think that people will be going back to school, and there is no money. I heard on the news that kids will be spending not as much for there school supplies. This means that they will have to use their old school books, they will wear the same clothes, and they will have to use the same writing materials in this upcoming school year. However, California should not be the only won at fault, but The US as a whole. So now, we have two problems. I believe that we should not be hearing the same thing over and over from the politicians. Republicans don’t want to raze taxes, but the democrats do. Someone must give up. If we don’t raze taxes, what can we do to reduce the deficit? On the other hand, people cannot start cutting programs which are beneficial to the poor, the disabled, the sick, and the elderly. I believe that now it is time for the people who are in power, to think about others and not so much about themselves or people who have the same economic status as they do. We must realize that things are not for free, and that we must pay for what we need. If that means razing taxes, then we should do it. Again, unless the republicans have a better plan, I do not see another solution.

fixing a problem

I found a letter in the LA times that proposed two solutions so our government could fix the economic problems. I will discuss the first one which is to raise taxes. According to the writer, “if we want good schools, a decent infrastructure, healthcare,
Libraries, law enforcement, youth programs and other services that make for a livable, thriving society, we have to pay for them.” He also states that this is going to require some sacrifices, but the challenges that are ahead of us are big and, “will not be solved on the cheap.”
I agree with the author. I think this argument has strength because some if not most of the things that we buy, are unnecessary. For Example, big TV’s, alcohol, and cigarettes. Some could say that this is not going to help or if it does, it is not going to be enough. I think that something is better than nothing.
http://www.latimes.com/news/opinion/letters/la-le-tuesday19feb19,0,5409963,full.story