FAIR has a new Action Alert (6/24/10) on recent reports in the NY Times and WashingtonPost suggesting that voters are more concerned with the budget deficit than job creation.Please post copies of your letters to the papers, or responses on the alert, in the comments thread below.
To the Editor, New York Times, 6/21/10:
A 12-year-old can understand that when market-driven private sector spending declines, the public sector can increase spending by fiat to prevent a prolonged economic downturn. A child can also see that increased public sector spending increases overall demand for goods and services, which increases production, which increases public sector revenues, which reduces public sector deficits.
Accordingly, it has become increasingly difficult to assume that justification for current efforts to reduce public spending based on the thoroughly discredited â┚¬Ã…“invisible handâ┚¬Ã‚ thinking of a few of die-hard neo-con economists is being promulgated in good faith. Rather, it has been kept on life support by Congressional Republicans as justification for voting against every initiative to solve the nation’s problems while loading every bill with less regulation, less disclosure, and extended tax exemptions for the super-rich.