THE HILL
 

Why voters revolt: 17.5 percent jobless

By Brent Budowsky - 11/10/09 07:31 PM ET

Washington remains in denial about the skyrocketing misery index that plagues more than half the nation. Leaders in the capital do not get it.

The president and Congress should continue work to produce healthcare reform, but must understand that to most Americans, ignoring the economic crisis that threatens their daily lives while focusing obsessively on a healthcare bill that voters do not understand creates worry, outrage and political revolt.

Even after shocking jobless numbers, voters do not see any fierce “urgency of now” from Washington. To voters, Republicans are on Mars, Democrats on Venus, while they are suffering on Earth.

The president and congressional leaders should convene an emergency jobs summit to develop a major bipartisan plan to create jobs in America and call on business leaders to join with government.

In an upcoming column I will offer new proposals. For now my message is that Washington is dramatically out of touch with the economic pain, suffering, worry, fear, anger and concern of the people.

Consider the misery index that plagues more than half the nation in very dire and immediate ways:

1. The misery index begins with the real jobless rate of 17.5 percent. This includes the official unemployment rate of 10.2 percent plus those who are so depressed they have given up looking for work, plus those who cannot find full-time work and are forced to accept low-paying part-time jobs.

2. The misery index expands to the husbands, wives, sons and daughters of the 17.5 percent jobless in America and, for a growing number of families, the parents and grandparents who now live with them. Do the math. The “family misery index” is a giant swath of America suffering extreme, devastating and immediate hardship.

3. The misery index includes those who are employed and deeply worried about the future of their jobs. Today they are employed. Tomorrow they may not be, with the next major layoff announcement. They are deeply worried, and should be. Add them to the high end of the misery index.

4. The misery index includes wages that have been declining for almost 20 years, while the cost of living has been rising relentlessly. People work hard and play by the rules but year after year, for two decades, they fall further behind.

5. The misery index includes those holding most of the 700 million credit cards in America, who have had major increases in interest rates and fees, huge jumps in their minimum payments and major cuts in credit lines at their time of greatest need, even though they have always paid their bills.

6. The misery index includes those who are employed but are desperately making mortgage payments to avoid foreclosure. They could be forced from their homes to the streets; they frantically pay their bills and their mortgages, cutting back on food and medicine, even for their kids.

7. The misery index includes rising costs of healthcare and rising premiums for insurance that are punishing Americans. There is nothing in the healthcare bill that does anything for them anytime soon.

8. The misery index includes skyrocketing costs of education. Many university presidents make enormous salaries while tuition at many colleges and universities moves relentlessly higher.

The list goes on. Gasoline. Food. Fees. Higher state and municipal taxes. Powerful economic forces are crushing Americans in large and growing numbers. The poor become destitute. The middle class is under siege.

Voters see the stock market roar and Wall Street bonuses soar. They do not see their leaders do anything to restore their dreams or reduce their misery.

Voters ask Washington: Is anybody there? Does anybody care? The misery index climbs by the hour. Until our leaders act, the revolt of the voters will grow by the hour, as the misery index keeps climbing to the sky.

Budowsky was an aide to former Sen. Lloyd Bentsen and Bill Alexander, then chief deputy majority whip of the House. He holds an LL.M. degree in international financial law from the London School of Economics. He can be read on The Hill’s Pundits Blog and reached at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Source:
http://thehill.com/opinion/columnists/brent-budowsky/67283-why-voters-revolt-175-percent-jobless

Comments (6)

You're right that Washington is is out of touch with reality, but we don't need "a major bipartisan plan to create jobs in America." We need Washington to get the [***] out of the way and quit taxing the [***] out of everyone. /That/ will create far more /real/ jobs—not government-sponsored make-work—than anything the delusional imbeciles in Congress could /ever/ achieve.BY Henry Miller on 11/11/2009 at 07:14
The arrogance, aloofness, and blatant corruption of the Obama administration is amazing to behold. On second thought, it is exactly like the corruption of the Bush-II White House - in both cases, enabled by the right-wing tendencies of the 'news' media. In 1998, the NY Times and Washington Post tried to help Republicans make the Clintons' overnight guest list into a "scandal" - the so-called "Lincoln bedroom scandal." Just a few short years later, when Republican super lobbysits Jack Abramoff is _convicted_ of bribing Congress, suddenly the Post Times can't be bothered finding out how many time Abramoff visited the White House… much less what he wanted in is many calls and visists there! Today, the "major media" gives the White House a huge "free pass" for not cracking down on vast financial fraud, bailed out bank bonuses, etc. Indeed, the very notion that the 3 or 4 largest banks have "paid back" their "$20 billion TARP bailout loans" _in full_ is sheer fraud: the true bailout costs to US taxpayers are over twenty TRILLION dollars, the notion that some $60 or $80 billion in paybacks is "Paid in Full" is outrageous and fraudulent.BY Lj on 11/11/2009 at 18:31
The once-Great Republic of Franklin Roosevelt is now long dead, and the elitists who lead the corporate empire which is the successor state are convinced that most of us are their serfs and deserve nothing whatever. I suspect these people understand better than those who they regularly swindle by means of the best propaganda in the world's history that the end of cheap energy means a massive die-off; so why give expensive medical care to the stupid commoners? Why worry about jobs for them?Chris Herzcdherz44@ya hoo.comBY Chris Herz on 11/11/2009 at 19:06
If the last 8 years have proved anything, it's that cutting taxes for the wealthy does not create jobs but merely concentrates the wealth into fewer hands. What is needed is an end to the wars in Afghanistan and Iraq and commitments to rebuilding the nation's infrastructure and making the U.S. the leader in green technology.BY DHatch on 11/12/2009 at 09:14
Right wingers accuse Obama of not cutting enough taxes in order to create jobs.Let's look back at 8 years of Bush:Record tax cuts for Americans, especially for the rich.How many jobs were created? ZEROJob and Economy growth? ZEROThe result of Bush's tax cuts is a record deficit and students who can't afford colleges anymore. In general, a bankrupt state.But right wingers want to cut more taxes. Why?Because the right wing propaganda machine tells them so.When willl this idiocy end? When will right wingers use their own brains?BY Jimbo on 11/12/2009 at 13:26
I have long since decided that the people that are working to stop health care and to stop the work needed of government for the middle class and America, as a whole, are working to take us down. I believed in the past that the affluent were guilty of ignorance of how bad things are , then I believed they were just indifferent. Now, I believe these people are a type of cannibal that only knows how to get what they need by stealing, using, controlling, and using trick contracts and underhanded business practices to extort people. They know what they are and the accept it. As long as we allow them to take from us anything and everything, they will continue. We must start just saying no. NO NO NO. The Elite are childish, selfish, and ignorant and they won't stop by being asked. They are also completely indifferent to our suffering like, say, a meat eater is about the slaughter of their dinner.We might as well save our breath talking about how bad it is and how terrible it is and realize they don't care and they won't stop by being shamed or asked to care. These people are unevolved dangerous animalistic thinkers and people better start realizing it.BY Textynn on 11/17/2009 at 22:49

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