RECENTLY ON TOL:
- A tumblr site dedicated to the people and places that make up Oregon and Southwest Washington.
on Tea Party
The "free market" is what got us into the financial mess we are in now. There is widespread agreement among economists on both sides of the ideological spectrum that the "bailouts" were necessary to prevent implosion of our financial system. Henry Paulson, who found government intervention abhorrent, recognized the perilous situation the markets were in and did something to which he was ideologically diametrically opposed. Of course, since he did step in, we have no way of knowing what might have happened and the tea partiers are free to speculate.
Since the largest portion of our government expenditures go to military and entitlement spending, why is it we don't see them promoting cutbacks in those arenas?
As to health care, we were on a an unsustainable track the way we were going. US businesses find it difficult to compete with those in other countries because of outrageous health costs that continue to rise exponentially. As each year passes, more people fall lack insurance and more people file bankruptcy because of illness. What do tea partiers propose to remedy the situation?
posted 3 years, 1 month ago
view in context