According to the Washington Post, across-the-board federal spending cuts set to take effect on March , 2013 are likely to have a negative impact on the states, Democratic Governors Association chairman Peter Shumlin said Friday. Connecticut Gov. Daniel Malloy said, “This is another kick in the teeth by Republicans to the middle class of America. That’s who’s going to pay the price because they don’t want to meet the president in the middle, they don’t want to negotiate”.
The problem is America off-sourcing our jobs to China and other foreign nations. And yes, it still continues today and it will until we pass effective legislation that makes it unprofitable for U.S. Corporations to send our high paying manufacturing and high-tech jobs overseas. We have eviscerated our own tax base these past 30 years by our-sourcing over 30 MILLION JOBS to foreign nations through so-called “Fair-Trade Agreements” that have effectively destroyed our own economy in favor of other nations so our corporations and the Ultra-wealthy could become richer. When a nation destroys its tax-base by outsourcing their citizen’s jobs to other nations they can’t pay their own bills and then they cry that austerity measures that have been proven unsuccessful is the only way to make-up for THEIR mistakes by taking it out on the average citizen.