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People struggle to get by. Growing millions are impoverished. Real unemployment is 23%. It nearly matches Great Depression levels. Hunger and homelessness are major problems. Force-fed austerity is planned when stimulus is vitally needed.
Obama doesn't explain. Media scoundrels don't hold his feet to the fire. Right-wing ones attack him for the wrong reasons. The Wall Street Journal headlined "Obama Escalates Debt Fight," saying:
His message was "confrontational." He drew "battle lines." They've "hardened ahead of the next budget fight." The Journal warned about hitting America's "borrowing limit."
The nation's debt ceiling is more illusion than fact. It's practically automatically raised when reached or shortly after.
Neither party wants voters blaming them for crashing the economy. Reality takes precedence over bluster, scoring political points, and one-upsmanship.
Journal editors said more. They editorialized " The Next Tax Increase ," saying:
"The new tax hike is barely law and Obama already wants more."
"He won't negotiate with Republicans," he claims. Spending cuts and higher taxes go together like ham and eggs.
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