A Healthy economy depends on consumer spending.

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The stupidest statements I have heard in this campaign season have been repeated often by Republicans of all stripes running for political office,

They are "Keep small business doing what they do best,create jobs."What a business better do best is sell a product.If a business does not sell its products,it is NOT going to hire anyone.

Henry Ford and FDR showed us that the middle class and the poor must have money to spend to buy these products or the economy WILL grind to a halt.

It IS Economics 101,which the Romney-Ryan ticket do not seem to understand.Ford raised his employees pay to $5 a day when a lot of people did not make this much in a week,so they could afford to buy his Model T Fords.

FDR created the CCC (Civilian Conservation Corps) and TVA (Tennessee Valley Authority) to get money in the hands of the middle class and poor during the Great Depression.The latter people had to put this money right back into the economy.They had to eat,buy clothing and provide shelter for their families.There wasn't anything left to squirrel away in the Cayman Islands or a Swiss bank account.

Paul Ryan's budget plan (we haven't seen any plan from Romney) does nothing but take away benefits and money from the middle class and the poor without any dependable increase in revenue.

How is this suppose to lower the deficit?

How does this sell products of businesses when only the super rich have money to buy anything?

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Entry #104

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