S&P Rating, tea parties and the mad hatter.
This past week the S&P downgraded the USA credit rating from AAA to AA, this now puts us on the same footing as Spain. All in all it appears to me as part of generalized push to decapitalize and delegitimize government in general. To force the out sourcing of the key infrastructure projects to private corporate entities, much like is done in places like Nigeria, and Colombia. Whether it's the "Tea party" or not, sharks are in the water and instead of tossing our buckets overboard to lighten the load, we need to gather all hands and use them to bail ourselves out.
We all benefit when government is involved in maintaining things like access to water, electricity, roads, and basic health care. The History of this great nation is filled with examples of government subsidies going to private industry to create wealth. To think that private corporations, or even individuals have produced this wealth _ex nihilo_ with only their sweat is hubris. It is to forget that we all stand on the backs of those who have come before, and sometimes those who live now.
The success of this country has depended government spending on key infrastructure development; and yes humans are key parts of the infrastructure too. Private corporate entities may claim they can do this development cheaper. But lets take a look a Wal-mart, it can't maintain the health care of it's base work force nor pay them a wage that will keep them off of food stamps or housing assistance. This is while the heads of the company build private bunkers buried under ground. I would suggest, if you lift your head up and take a look around, Wal-mart is not the only company out there that depends on Government help to take care of it's workers so it can turn a profit.
De-capitalization of government is not in the interest of the common man. When we start to privatize essential services things rarely get better. We have privatized prisons in this country and now we have one of the largest if not the largest prison populations in the world. Guess what, these populations are being looked at as a new workforce. When there is profit to be made by imprisoning people, ways are found to increase profitability; we all become potential prisoners.
And on more basic level, what kind of country do you want to live in? What do you want our future to look like http://www.behance.net/gallery/Trash-Land/1820899?