portland independent media center  
images audio video
newswire article reposts united states

economic justice

Strategic Significance of the 2013 Budget Deal

In a broader strategic sense, what the recent December 2013 budget deal represents is that both wings of the single party of corporate interests (POCI) in the U.S. have been pursuing a piecemeal grand bargain strategy.
The budget deal just concluded fundamentally represents a continuation of deficit cutting for the rest of us, while letting defense corporations and spending off the sequester hook. The budget deal 'narrowly defined', at $63 billion restoration of sequester cuts, is misleading at best. While defense spending is restored in the budget deal, Republican and Democrat claims that domestic program spending is also restored is a cynical lie. The $31 billion in domestic spending does not include parallel cuts of $25 billion to unemployment benefits and an additional minimum of $8 billion to food stamps. And when the $26 billion in 'fees' are factored in—impacting retirees, vets, government workers, and consumers—the net effect is further spending reductions and continued austerity for the rest, while the Pentagon and corporate military contractors are now exempt.

So, what are they going to do when the food riots 25.Dec.2013 09:42

anon

I'm confused.

What are these so smart strategists going to do when the food riots come to ther neighborhoods?

Obviously there are a lot more of us than them. Do they think we can't climb a fence? Do they really believe they are invincible? Are they that arrogant?

Already the upscale neighborhoods in Seattle have shopping cart homeless wandering around. Are these people invisible? Really?

I can't think of any good answer to starving millions of people and not expecting them to fight to save themselves.

So, seriously, what are the "richies" thinking?