This week our government passed the latest stimulus plan called The American Rescue Plan. It will hand out a huge $1.9 trillion even though our economy is improving and, as a New Yorker Magazine article points out, our economic situation is now better than when President Obama took office. But mostly happy talk and American flags abound when the stimulus plan is discussed.
And some of what is happening is good. Keynesian economics advises that we should cut taxes and increase spending to boost the economy when times are bad, and then increase taxes and cut spending to repay the debt when times are good. This makes lots of sense.
But unfortunately, since the times of President Ronald Reagan and with only a short interlude during the presidency of Bill Clinton, the Democrats and Republicans have been reducing taxes and increasing spending during good times and bad. Now the debt clock (US Debt Clock.org) indicates a total national debt of over $28 trillion and rising quickly, with no end in sight. And no one in Congress seems to care.
And no one is talking about how we are going to balance our budget when this recession is over with because they know it will not happen. This is because the Democrats represent primarily the poor and the far left and the Republicans represent primarily the wealthy and the far right. Any plan to balance our budget and start paying off our debt would negatively impact each of their sides the most.
If nothing is done the ones who will be hurt the most by the coming debt crisis are moderates, the middle class, and millennials. And we have no say in what is going on because we do not have any representation in Washington. We need a political party to force our government to fix not just our debt, but also our expensive and poorly rated healthcare system, our coming retirement crisis, and our declining middle class, among our many other problems.
There is an old saying that goes: “When you do what you did, you get what you got.” Having only two political parties to choose from has caused us to get mired in gridlock and it is ripping our country apart. The U.S. is one of only a few countries in the world to have a two-party political system and it is failing us.
As simple as it sounds, a third major centrist tie-breaker political party would allow us to solve all of our country’s problems. Plus, the government would start doing things that make sense because the centrist party would be the one to determine which policies get enacted. Based on recent polling data, over 60 percent of Americans and over 70 percent of millennials agree that we need a third major centrist political party.
Does all of the information provided here make you angry? Anxious? You can do something to help change the direction that our country is heading in. Don’t buy into the “that will never happen” way of thinking that is so common regarding the formation of a third major political party. There are several fledgling efforts out there working to accomplish this such as the Alliance Party (theallianceparty.com), the Reform Party (reformparty.org), and Represent.Us.
Besides supporting these groups, there are other things that you can do individually if you feel frustrated and frightened about what is going on in our country. Start a local group such a Facebook or Meetup group. If you are a student, start a group at your school or university. Nothing will happen without your help.