Tomorrow is Christmas Eve, and I hope that you and all of yours are warm, dry and well fed. The Cowardly Lion is vacationing in Hawaii. As we lived in Kauai for a number of Christmases, I can tell you that Christmas in Hawaii is very nice, a little different, but nice. I am sure that the whole family will enjoy their time in Honolulu and environs.
But here is the bad news. As we settle down to enjoy this time of year, there are a lot of other Americans who are not having such a good time. Business Week came this week with these numbers; 15 Million Americans are unemployed, 1.3 Million have given up looking for work because they don't think they can find any, 1.2 Million have given up looking for work for other reasons, and another 9 Million are only working part time because that is the best job they can find.
That is a total of 26,600,000 Americans who will not be having the same Christmas we are having. For this to happen in the richest country in the world is a travesty and a huge failure of leadership!
But it gets worse! 41.9% of the unemployed have been out of work for over 27 weeks. That is over SIX months! And many of them are 99ers, meaning they have been out of work for over 99 months, i.e., TWO YEARS.
Think about trying to support a family of four on $300, or so, a week! I doubt there is much joy in this families. And even that will end for the 99ers very shortly.
So here is the Christmas equation. $800 Billion in tax relief for the richest Americans = 50,000 miles of rapidly deteriorating Interstate Highways + over 10,000 dangerous bridges + unknown miles of canals + a huge number of city streets, etc., all of which we will have to pay to fix sooner or later.
So millions of American kids will go to bed hungry tomorrow night all because the Cowardly Lion is more interested in Wall Street Barons and the others of the richest of the rich Americans, than the Middle Class he keeps blathering on about saving.
Merry Christmas, and I hope you have a job.
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