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| Super Committee members, photo courtesy of netrightdaily.com. |
Van Jones, President of rebuildthedream.com and author of the NY Times bestseller, the Green-Collar Economy, offers several good reasons we might want to be thankful tomorrow on turkey day for the Super Committee’s failure:
The big buzz on cable news this week is that the Super Committee failed when it couldn't come to a compromise on how to cut the federal budget by $1.5 trillion.
But the truth is that the American people won.
But the truth is that the American people won.
And now, we must keep on winning.
We won when Democrats on the Super Committee held their ground on the expiring Bush tax cuts on the wealthy.
Instead of focusing like a laser on job creation, conservative Republicans in Congress held our nation's finances hostage in July. To appease the hostage-takers, Congress created a closed-door committee to force through major cuts this fall.
Thankfully, enough Democrats held together on the Super Committee to stop severe cuts from going through. Many proposed to seek revenue from small tax increases for the wealthy and a tiny "Wall Street Tax" on risky stock trades. But those cries from the 99% fell on the deaf ears of conservatives on the Super Committee.
Progressives don't often battle the concentrated forces of corporations and their armies of lobbyists to a stalemate. For that reason, we can stop, reflect on a job well done, and thank the congressmen and women who stopped the worst from getting through.
We won when Democrats on the Super Committee held their ground on the expiring Bush tax cuts on the wealthy.
Instead of focusing like a laser on job creation, conservative Republicans in Congress held our nation's finances hostage in July. To appease the hostage-takers, Congress created a closed-door committee to force through major cuts this fall.
Thankfully, enough Democrats held together on the Super Committee to stop severe cuts from going through. Many proposed to seek revenue from small tax increases for the wealthy and a tiny "Wall Street Tax" on risky stock trades. But those cries from the 99% fell on the deaf ears of conservatives on the Super Committee.
Progressives don't often battle the concentrated forces of corporations and their armies of lobbyists to a stalemate. For that reason, we can stop, reflect on a job well done, and thank the congressmen and women who stopped the worst from getting through.
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