This summer all of us are worried about the state of our nation’s economic situation. Many of us foresee deficits as a threat to our future. At the same time, we and most of the globe suffer from a sluggish economy and poor employment prospects for many. Millions are finding it a burden to meet primary economic obligations. Cities and states in this nation cannot reconcile the needs of their citizens with budget restraints. Some countries’ credit worth has been eroded. The Euro has been weakened. Unemployment is at all time high since the Second World War in many countries. The list of economic problems appears endless.
This nation has faced worse economic times in the past but this economic depression is unique because the nation is still fighting major wars overseas.
Military expenditure is the root of our deficits - not social spending or entitlement programs. We need to examine our entire budgetary expenditures including the military, the reckless reliance of financial institutions to master our fates, and the disregard of the human suffering that social spending cuts inflict.
Our economy should work for us, not for the Wall Street titans.