USA: “Death by a Thousand (Budget) Cuts”

Written by John Peterson
Thursday, 14 July 2011


Plackards on February 26 protest in Madison. Photo: Fibonacci Blue

As ratings agency Moody's considers the possibility of cutting the US AAA debt rating, concerned that the US could default on its debt obligations, we publish a recent editorial statement of the US Socialist Appeal on the forthcoming wave of massive cuts in public spending in the United States. As the article points out, “the capitalists must impose a new normality on the U.S. working class. The crisis of their system means that small cuts or adjustments are no longer enough. The hatchet is out now...”

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RENEGADE EYE

The Occasional Open Thread

Egypt is erupting again, while the state of Minnesota is shut down. Obama is proposing deeper budget cuts than the Republicans in debt ceiling talks. Bush only had two wars, while Obama has more than can be counted. Time for a Campaign for a Mass Party of Labor? Tea Party? This only can mean, an open thread.

RENEGADE EYE

Poll Finds Tea Party Backers Wealthier and More Educated

By KATE ZERNIKE and MEGAN THEE-BRENAN
Published: April 14, 2010

Tea party supporters are wealthier and more well-educated than the general public, tend to be Republican, white, male, and married, and their strong opposition to the Obama administration is more rooted in political ideology than anxiety about their personal economic situation, according to the latest New York Times/CBS News poll.

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RENEGADE EYE