The Occupy movement has thankfully shifted the media’s and public’s focus on jobs and income inequality. But last summer’s ridiculous “debate” about the debt ceiling, where the GOP held the country and the global economy hostage to get its way, resulted in the formation of the Joint Select Committee on Deficit Reduction, AKA The Super Committee. They’re supposed to reach to an agreement before Thanksgiving, or automatic cuts in defense and social services go into effect…in 2013.
Fans of war are shitting their pants at the prospect of cuts, although they’d only go down to 2007 levels. Remember 2007? Our military industrial complex was so tiny back then; only involved in two quagmires and who knows how many surveillance and assassination actions. Surely going back to that is the equivalent of turning the military into a ragtag group of militia men, who have more money than the rest of the world’s defense budgets combined.
And fans of of not living in a third world nation are equally pants-shitting about cuts to social programs, including myself. The whole charade was conducted to cut these programs, and Obama played along instead of pointing out the absurdity of the whole thing.
Yes, the deficit is a problem. But we are in the middle of the longest fucking recession most Americans remember. (OK great-grampa, you still win at Great Depressions, for now. We’re trying real hard to top you though.) Revenues were already thrown way out of whack by the Bush Tax Cuts and all that “pro-business” shit Clinton pulled. Throw in long-term 9% unemployment, and they drop precipitously.
We need growth, and the only way to do that is through government spending. The pittance we’re arguing about now is only enough to maintain our current shit-sandwich of an economy. Individuals and businesses are rightfully holding on to what cash they have, so government is the only entity that can make the unselfish decision to spend large amounts for the benefit of everyone else. Interest rates are at an all time low, and it’s a crime to not use that virtually free money to make much-needed investments in infrastructure, education, and anything else that will pay for itself through the growth and demand it creates.
I’m honestly not too worried if the Super Committee fails. Like the comic says, anything they do, or what happens if they fail to reach an agreement can be changed or nullified by a future Congress. It’s in the Constitution! John McCain’s already working on this solution to preserve his precious defense spending. And if you think the Occupy movement is big now, wait until this Super Committee super-shit hits the super-fan.
Oh, and check out Mark Fiore’s animation about the Super Committee. I’m glad I watched it before drawing this cartoon, not only because it’s funny, but I originally sketched the title panel to look like the Super Friends Hall of Justice.