Tag Archives: Rally to Restore Sanity and/or Fear

Sanity Restored

1 Nov

I watched a good deal of the Rally to Restore Sanity and/or Fear on Saturday, and was struck by the sheer size of the crowd – it rivaled, if not eclipsed – recent teabagging fiestas that have been held on the mall to protest … what, exactly?

A poll recently revealed

that by a two-to-one margin, likely voters in the Nov. 2 midterm elections think taxes have gone up, the economy has shrunk, and the billions lent to banks as part of the Troubled Asset Relief Program won’t be recovered.

The reality is…

The Obama administration has cut taxes — largely for the middle class — by $240 billion since taking office on Jan. 20, 2009. A program aimed at families earning less than $150,000 that was contained in the stimulus package lowered the burden for 95 percent of working Americans by $116 billion, or about $400 per year for individuals and $800 for married couples. Other measures include breaks for college education, moderate- income families and the unemployed and incentives to promote renewable energy.

The meme that Obama is nothing but a tax-raiser is as false as the notion that he’s a soshulist moozlim sleeper agent.

Almost all of the TARP bailout money has been repaid.  The government will take a hit on AIG and the automotive bailouts, and the mortgage bailouts, but had those all been allowed to fail, it would have been an epic economic catastrophe along the lines of a great depression, or worse.

So, we can – and should – debate how we go forward to further grow and strengthen the economy, and how to help lower the unemployment rate.  But the rhetoric – much of it false and manufactured – needs to be tamped down.  Saturday’s event may have been a bit plodding, but it’s hard to play to a crowd of 250,000-ish people.  But it was a great reminder that many, many more of us are just normal people who think normal things about politics than are followers of cable news network pseudo-evangelists of hatred and falsehoods.

[HTML1]