Posted 10 years ago on Oct. 10, 2011, 9:03 p.m. EST by leesang82
This content is user submitted and not an official statement
I definately support this movement even though many are saying there isn't a definitive message that they're trying to get across except that people are frustrated with what is going on in the economy.
Maybe it’s a lack of understanding of what's going on in the political/financial system which a lot of the politicians might not understand themselves. This should definately be more of an "occupy DC" movement with all of our politicians not being able to accomplish anything because of in-fighting amongst both parties.
Bernake said it himself that spending cuts shouldn't be occuring right now with the economy in limbo but the GOP and Democrats can't come to a resolution because it's nearing an election year. It's pretty ridiculous.
It’s been shown in the past that it’s fiscal policy that works in a recession. Why we are cutting spending in a time of need, is a curiosity to me. First off, there needs to be a correction in the trade imbalance between the U.S. and other countries. We need to create a trade surplus, not a deficit. There is no benefit to printing money when we’re going to be spending that money elsewhere. Then, there needs to be the government spending policies put in place to help pull us through this time of need.
Not that I'm a democrat, but it's pretty obvious to me that the GOP is gutting the economy and the Democrat's solution to the economy by putting in spending cuts in their latest deal. This is dirty politics at its dirtiest. This is not about Democrat, Republican or Wall Street. This is about responsible leadership.