Mish notes a report about the 7,000,000 or so people who have exhausted their unemployment benefits and asks:
With the exception of those opting for social security, some 7 million people who want jobs and once collected unemployment benefits, now have no job-related income.
Think those 7 million people are about to go on a spending spree? Think those forced into social security are about to go on a spending spree? Think the self-employed with no income are about to go on a spending spree? Think the 26 million unemployed or under-employed are about to go on a spending spree? Think the countless millions of working Americans barely scraping by are about to go on a spending spree?
Well, I don’t either…
…People are broke, yet Congress opts to punish those still working by letting tax cuts expire. Is this amazing or simply par for the course?
Par for the course, I’m afraid. It must be kept in mind that Democrat leaders don’t actually care about people – they talk about caring; they’ll run whole campaigns on the theme of their concern for the poor and working people, but they don’t really care. G. K. Chesterton once ventured to explain why this should be:
Among the rich you will never find a really generous man even by accident. They may give their money away, but they will never give themselves away; they are egotistic, secretive, dry as old bones. To be smart enough to get all that money you must be dull enough to want it.
The leaders of the Democrats are rich – some times, quite fabulously. While Pelosi and Co will talk about the GOP favoring the millionaires and billionaires, the fact is that most of such are on the Democrat side. How many conservative billionaires can you name? How many billionaires are sponsors of conservative groups? Democrats are the party of the rich – they’ve just got the brass to attack “the rich” while they sleep on piles of money.
But as rich people, the only thing they really know about is money – so, they’ll spend money and give money and do all sorts of things with money. But money, of itself, tends to attract people who don’t always have the best interests of others at heart. If you’re flashing the cash at a problem, that cash will be taken…but its no assurance that the cash will be taken for the problem listed. In this case here, all the Democrat spending – and they’ve spent trillions over the past couple years – has not managed to get in to the hands of the poor nor the middle class.
If they would, as Chesterton observed, give themselves away they would have better ensured the money went where most needed. As it was, it mostly ended up in the vaults of millionaires and billionaires as well as lining the pockets of well heeled union bosses and various liberal groups.
We can change this, if we change the government on November 2nd. The choice is ours – but I’m hoping we might get a new set of leaders who will, perhaps, have the ability to see things from the point of view of those who are suffering.