There is No Debt Crisis

Dear Editor:

There is no US government debt crisis.  The contrived crisis is a pretense.  It is a fabrication that will only concentrate further wealth into the hands of the ruling elites.  To this end, Senator Mitch McConnell warned President Obama, ahead of talks set to deal with raising the government debt ceiling that additional revenue is out of the question.  We are being held hostage.  At the very least, we need substantial revenue increases to pay for the unfunded military mania.  More importantly, however, we need a massive stimulus for the people, the ones for whom the economy is not working.  When 25 million American people report in polls that they want full-time employment and that option is not available to them that should be a signal that the free market is not working for us.  Germany, for example, has a deficit much higher than the US in relation to its GDP.  Yet the Germans found that reducing government stimulus when the economy needs support provokes an even further downturn.  They have corrected this and so must the US.  We must reverse the transfer of wealth from the ruling elites to the people who are actually creating that wealth in the form of their labor.  The real crisis, the one not addressed in the corporate owned media, is the destruction of the American dream for the majority of us.  The economy is not working for the people.