Posts Tagged ‘Obama’

Sugar Water: Jesus Saves (Money)

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The United States Conference of Catholic Bishops recently offered its one cent to married couples struggling through the current recession. (It used to offer two, of course, but everybody’s cutting back these days.) On its For Your Marriage website the USCCB lists “Ten Cheap Dates” that won’t cost you and your spouse an arm and a leg, which, incidentally, will be the new currency once the federal government runs out of bailout money and is forced to shut down the U.S. Mint. But I’m getting ahead of myself. Here are some of the website’s date ideas:

(2) “Tech-free” night. Turn off your cell phones, computer, the TV, and the lights. See what’s left to do without electricity. Sing old songs, have a pillow fight, recount stories of how you met, plan for the future.

If my nonexistent wife and I were to turn off the lights and “see what’s left to do,” I doubt it’d be a pillow fight, which is a dangerous thing to do in the dark. I once read that most household accidents occur in the household, and that those accidents can lead to hospitals, which still charge money for their services. Luckily, they’ll be able to pay for everything themselves once that arm-and-a-leg currency becomes the norm.

As for singing old songs, I don’t think “Money (That’s What I Want)” or that old Destiny’s Child chestnut “Bills, Bills, Bills” are going to solve any problems, though my longtime girlfriend, Aimiee, sings them anyway as a “gentle reminder” that I’m still unemployed.

She also likes to remind me how we met: “I saw you trying on that black leather jacket at Costco seven years ago. Now it’s green. Are you ever going to get a new one?” I once replied, “Your ass used to be small, but now it’s not. Are you ever going to get a new one of those?” But I wouldn’t recommend a comeback like that, especially not in front of friends and family at your third “recommitment” ceremony. (Truth be told, Aimiee’s backside, unlike my hairline, hasn’t really changed since we first met. But if you’re going to take shots at someone during a recession, you might as well be frugal and make them cheap shots.)

Let me state the obvious — the Catholic bishops know you’re going to fool around once the lights are off, but you may recall that they’re not big on birth control. Condoms aren’t a penny apiece, so they do have a point, but keep in mind that once the result of your “tech-free” power surge pops out around Christmas, you’ll still be tech-free because of all the costs that come with a new baby. In other words, don’t expect to be lighting up your Christmas tree this year, let alone buying one.

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Pop Politico: “Obama’s Neo Pragmatism”

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“Wow, these grapes are sour!”  A fitting epitaph for Republicans as they try to grab the spotlight to bitch and moan about Obama, the Democrats, and spending while really only offering one policy prescription for the economic dire straits we’re in:  tax cuts.  And tax cuts they got! Even a casual glance at both bills reveals that when it comes to spending, both houses of congress aren’t too far apart. The Senate bill is the one where you wonder what happened to the party that advocates for states.  The sizable tax cuts, the lack of local spending for states’ local governments, and the glaring gap between the House’s bill on infrastructure spending makes me question some Republican’s love for the states and localities that comprise these United States.  Yeah, we’ve heard the old saw about this stimulus bill being the proverbial “Democratic Christmas Tree” when it comes to spending, but c’mon! The idea is to get people back to work so they have money to spend on products and services that come from private businesses — and that won’t come from tax cuts alone.

It doesn’t take much effort to realize that every day private industry is shedding jobs, that unemployment rolls are growing, and consumption is falling.  In short, people are not spending money, and private industries are doing the same.  Credit is tight, people are saving their dollars, businesses are cutting and slashing budgets to weather this storm.  It’s batten down the hatches time, folks. It’s a natural response when times are tough.  But what force turns fear into optimism?  What entity has the kind of power and resources to “prime the pump,” shock the system out of the current doldrums and restore large scale trust?  Government.  In fairness, tax cuts do have a stimulative effect at times, but they take a long time to work. What’s needed are spending programs (yes, spending) that will increase GDP.

Government spending on programs and projects will lead the way to create stable jobs that will allow individuals to feel optimistic about buying products and services that private businesses provide.  However, unbridled consumption is something that comes with consequences to our environment and even to our psyche. I have long been critical of society’s fixation on “things,” and I am in no way saying that we need to go back to a yuppie ideology. Rather, since we’ve already tried variations of the kind of Reagan-inspired economic policies hardcore Republicans have embraced for over a generation — and those polices have clearly shown their limits and their failures — it’s time to see if the democratic pragmatism Obama embodies works. (more…)