Sunday, March 20, 2011

A budget story

This feels a bit like beating a dead horse, but people still don't seem to get it. So I hope this will set them straight.

A family finds out that one of them is going to lose their job. They have poor credit so they cannot ask for more. They outline what they spend each month, and discover that rent accounts for 40% of their budget.
They decide that making little cuts here and there. Such as downsizing their cable and cell phone plans, will not save them very much. So the father decides to stop paying rent. The whole family agrees, without rent they have way more money in their wallets.
Three months later the landlord has finished the eviction process, the family is out on the street.
They did indeed save in the short term, but now they have no idea how to get out of the trouble they are in. Without a home the other members lose their jobs and health benefits.

This sounds ridiculous right?
Yet this is exactly what the Republican party wants us to do. When this family stopped paying rent they negatively affected people who were depending on them. Without the rent their landlord could not pay his mortgage. They saved themselves money for awhile, but did so at great cost to other people who counted on them. I think we can all agree that the actions of this family were rash, selfish, and irresponsible.

Making many small cuts in non essential programs will make a difference. Don't let pundits fool you into believing it won't. The damage done by ending, or severely slashing essential programs will be severe and long lasting. It is the middle class that build this economy. It is middle class and lower class Americans that spend the money they earn. Those receiving the tax breaks are the same people who are sending their money, and our jobs over seas.

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