Wednesday, December 7, 2011

KEEPING A PROMISE.

This blog wrote about trickle-down economics and Newt Gingrich some time ago; and today they have captured the news headlines once again.

That the field of the Republican Party candidates for the nomination race, was going to be no match for Newt Gingrich, because he had the experience and the political connections to finally jump in front of the pack; and that has happened.

President Barack Obama also spoke about trickle-down economics in his Teddy Roosevelt like speech yesterday, and said that, "it fits well on a bumper sticker," but the problem was that it never worked.

His audience in Osawatomie, Kan., was about hearing the rebuilding of the middle class that has made the United States great, by its industrious nature of ordinary men and women wanting to make better lives for themselves and their families.

They have worked hard and have built the strongest economy, which was the envy of the world, and that made America to be the attraction for all kinds of people to come here and to take advantage of the opportunities that no other country in the world offered.

That had certainly stemmed from President Theodore Roosevelt's speech, which took place about 100 years ago, for the nation to be kind and generous, and to treat all citizens as equal partners, by getting rid of disparity and inequality in society.

He saw that the basis of trickle-down economics was detrimental to the progress that people chose to make for themselves, when they were not given the same chances as others, due to where they happened "to pitch their tents"; as less privileged and poor people were denied many of the opportunities that were open to just a few lucky persons. That was not right then and it was not right in the present age either.

Yet, that system was prevalent today, but it should not be allowed to exist, as it would pit one section of the community against the other; a notion that has materialized itself in the Occupy Wall Street phenomenon sweeping across the country.

In other words, the country was rapidly moving away from the principles of fairness for all members of society, and instead gravitating toward an awful situation of a close knit few that would use their fiscal powers to dominate the rest, who were in the majority.

That was the dogma the Republicans believed in; that people should be permitted to carve their own rules to fit society, instead of a set of common guidelines that would equally protect the rights of others.

The same would flourish under Gingrich or Romney or any person with conservative ideals, if they were to run the country. Wall Street would have the upper hand and use it to exploit the common masses.

To counteract that, President Obama's speech, like Teddy Roosevelt's, was designed to energize the middle class and working people into standing up for their rights in the workplace, demanding what they were due, through civil dialogue and negotiations, and thus making the playing field equal for all to participate in.

Not all of Americans voted him into office, but he was pursuing the change that he had promised his supporters during the 2008 campaign; and nobody could hold that against him. He has kept his promise through his policies, and he would continue to do so in the coming years.

Bravo, Mr. President.

Footnote: 95% of his policies have been blocked by the Congressional Republican Party.

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