Fault lines lie in overspending
Recently, an article was published by the Monitor that talked about cracks in the “Trump economy.” The article correctly pointed to the “humming” of the U.S. economy and the historically low unemployment rates among blacks and Hispanics. The author then asks, “Why is the President’s support under 50 percent?” The author then theorizes on why Mr. Trump does not have a wide range of support: lack of “publicized potential problems” and the lack of “correct information.”
His premise is that the U.S. economy has cracks, which the author points out as student debt and the lack of savings; however, the author chooses to ignore the two larger fault lines of social security and government spending, both of which are cutting into the very foundations of the U.S. economy. Not one of the current crop of 2020 Democratic presidential hopefuls is working to fix these larger and significant fault lines. Do they intend to modernize social security? Cut government spending? We have underlying economic issues because those in power do not offer serious solutions — only the cheap, the easy, and the same old retread ideas of free stuff paid by taxing the rich into oblivion.
If one is going to start out with a negative story about public support, why didn’t the author point out the negative numbers of the branch of government that is supposed to be the lawmaking entity? According to Gallop, 77 percent of Americans disapprove of Congress. This is where legislation comes that would be intended to help the citizenry. And what specific economic crack-fixing legislation has the Democrat majority passed since Jan. 3?
One can hear crickets for a reason.
There will always be cracks in an economy that does not have real production. That is the main reason for the so-called trade war with China. In the end, the true cracks in the U.S. economy are social security and the government spending more than it has. The Democrat majority needs to have a budget that addresses these major fault lines and should get to work to repair the cracks in our republic, instead of trying to undo an election that took place three years ago. If Democrats would work to promote a positive agenda and offer serious solutions to strengthen the free market and increase production from American workers, maybe we can repair those fault lines and hear an even greater humming of the U.S. economic engine.