Austerity Report from Greece
November 30, 2013
Today I set foot on Greece for the first time. During a
tour of the famous Parthenon which sits on an Acropolis overlooking the famous
City of Athens, I was reminded that it was from Greece that the world got
democracy. Back then it was “direct democracy” meaning that the people voted
for or against actions – instead of having a “representative democracy” as we
do in the USA where our elected representatives cast the votes for or against.
I asked a local Greek about the Rush Limbaugh radio
statement that “Greeks were self-injecting themselves with HIV virus so they
could claim benefits.” He said that was the most absurd thing he had ever
heard. Yes, their economy is a mess, but
Greeks like living as much as the next person and don’t have to do weird things
to get benefits. Chalk up another false story to the masters of deceit on talk
radio. What is true is that unemployment here is 27.3%! It's so bad garbage isn't picked up.
I heard a story at the Parthenon that very much applies
to the USA today. Apparently the great buildings of Greece had been destroyed,
by the Persians I believe. A man named Pericles called upon the people to
rebuild, which would be a great expense. He said that doing so would create not
only jobs, but high paying jobs. The people heard the arguments for and against
and decided to approve Pericles plan. Workmen were paid one drachma a day –
enough to buy a sheep or a goat for a day’s pay. Architects were paid two
drachmas a day. The result was a huge success.
Today, the United States faces a similar situation. We
have tens of thousands of rusting bridges that need repair or replacement. The
GOP has been the biggest job killer of modern times, refusing to invest in
rebuilding our infrastructure. They have rejected jobs bills and transportation
bills that were normally bipartisan in the past and would create high paying
jobs. The GOP has been the opposite of Pericles – a do nothing, invest in
nothing Congress. They failed to pass a farm bill. Lately they can’t even pass
a defense bill. Millions of people are paying the price for this lack of
leadership. There are now 73 million jobless young people around the world due
to ‘austerity economics.’
I am reminded of the Proverb: “Where There is No Vision,
the People Perish.” America is losing its high-tech edge. It is losing its
education lead – in fact we trail dozens of nations in science and math. We
have GOP leaders in Texas who literally believe that the Earth is only 5,000
years old! Their economic policies are as out of date as their knowledge of
science. Texas has done well only because we are blessed with oil and gas. We
lead in minimum wage jobs – but our workers lack high tech skills needed for
the 21st century. They need training and that means investing in
education. Our corporations are getting tax breaks to ship jobs overseas. In
Greece, many don’t pay their taxes and having a retirement age of 52 was not
realistic.
Europe is in a world of hurt primarily because of its
economic policy of austerity – the same policy that the GOP has pushed on
America at great cost and pain to the public. A whole generation of young Europeans
are facing 40% to 50% unemployment (Spain’s youth unemployment is close to 50%.) That’s even tougher when gasoline costs $10 a
gallon in Europe (as we’ve seen in Italy and Greece).
I wrote an economic plan for prosperity in my book called
“Agenda for American Greatness.” It describes how we got into this mess and how
we get out of it and back to No. 1 in the world. I have made it FREE for your
review at my book website….just click on the “Agenda for USA Greatness” link. www.BetterTimesAheadAprilFool.com
Don’t let Rush Limbaugh and Glenn Beck fill your head
with false facts. The GOP has been consistent in laying waste to our economy
since “supply side economics” under Ronald Reagan ballooned deficits. Under
Bill Clinton we regained a $300 billion surplus. George W. Bush turned that
surplus into a $1.3 Trillion deficit with the unpaid tax cuts that Senator John
Cornyn voted for. They then added two unpaid for wars and handed President
Obama the worst economy in 70 years.
It’s time to vote for a change – and invest in rebuilding
America to create the good jobs needed to rebuild America. Sign up for updates at www.FjetForSenate.com. I will be
posting further blog updates on this “austerity tour” of Europe to show why it
is an economic disaster.
We should follow Pericles wise counsel. For the next two
days the “austerity tour” will cover condition in Turkey – the county that
splits Europe from the Middle East and Asia. It will be my first time there.
Follow and sign up for updates. Please donate if you can.
Follow and sign up for updates. Please donate if you can.
Michael Fjetland
www.FjetForSenate.com