Posted in Economy by Justin Paulette
From Citizens Against Government Waste:
This one too
Gee, Justin, this thing came out and was a big deal back in October. You gotta keep up with these things.
This is fun:
"CAGW, a descendant of J. Peter Grace's 1980s-era anti-wasteful spending commission, is in principle bipartisan, though in this election its campaign about the menace of "stimulus spending" has an obvious partisan tilt. And if you know anything about the Chinese economy, the actual analytical content here is hilariously wrong. The ad has the Chinese official saying that America collapsed because, in the midst of a recession, it relied on (a) government stimulus spending, (b) big changes in its health care systems, and (c) public intervention in major industries -- all of which of course, have been crucial parts of China's (successful) anti-recession policy."
Not only is the group dodgy for its ties to good ol' Jack Abramoff, it doesn't even appear to be a very thrifty charity. Charity Navigator gives it 2 stars and ranks it well below the liberal groups Public Citizen and Project on Government Oversight:
The group's located in DC but put together this lame fear-mongering ad by assembling college students in northern VA (DC burbs) on a 6-figure budget. Oh, also, it was done by the same guy that did the Willie Horton ad.
Possibly effective (at least for the right-wing base) politically, but far from reality-based.
All three are effective and have some truth to them (although the rich and the media controlling the government overlooks the fact that government itself has become a 'player'). Making China the world's workshop has been a large mistake, in my view. Having them buy our debt has been an even bigger mistake. It's a damned crime that that debt even exists (a way of stealing from future generations), but it's an even greater crime that we have become the debtor of a quasi-fascist regime.
It's high time we woke up as a people and understood that we have a legitimate right to pursue our own self-interests. We don't need to be the world's cop, nor do we need to be the engine of the world's economy. Our government and our economy exist for Americans first and foremost. Why is this so hard to grasp?
At the same time, we need to wake up to the notion of responsibility. There is no free lunch. Americans have become spoiled (rotten) by the excesses of both our economic system or our governmental policies. Time to ratchet down both and sober up. Unlike China, we don't have tiger blood.
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