This could be just about anything….there is a wide array of issues that neither candidate wants to talk about……we know that both Obama and Romney say they will create jobs only if they are elected…….we know that taxes are too high in one camp and too low in another…….we know that Obama sucks and Romney is a liar………the spin is so thick that it borders on propaganda….well it is propaganda but we Americans cannot call it for what it is……but there is one issue that both candidates have been unwilling to talk about……..can you name that elusive issue? (Pause he for thought…….oh who am I kidding voters do not want to think that is why we have the two pathetic candidates that we have)……okay the forgotten issue is…..(drum roll please)……..the stagnant income….yes for all the progress and all the hoopla on Wall Street, income is not moving at all…..Corporate biggies are doing marvelous but the rest of us mere mortals are stuck in limbo with worse than modest increases in wages that is quickly ate up by those inflationary things that are not counted as inflation…..like gas….food…….etc.
Newser) – The economy has taken center stage in the race for the White House, but amid the chatter about government spending and taxes, the New York Timesthinks one subject that hits close to home for many poor and middle-class Americans has been largely left out: the long-term stagnation of income. For the first time since the Depression, median family income has decreased over a decade, and though both candidates acknowledge the problem, they rarely touch on the true catalysts behind it—automation, globalization, and education. All are complex issues that can’t be “quickly remedied through legislation,” writes David Leonhardt.
Often, politicians place the blame for falling wages on flashpoint issues such as immigration, but what’s going on is far larger in scope, writes Leonhardt. Pessimism abounds because no quick fixes are in sight, though “maybe the biggest reason for optimism is that there is still a strong argument that both globalization and automation help the economy in the long run,” he writes. It just happens to be painful in the interim. Click to read Leonhardt’s full piece.
With about 10 days left before we decide who will lead the country…….the most important issue is still unexplained…..why?
Actually I think the problems of climate change are more serious, which also didn’t get discussed at all. Economies will be devastated by increased global warming from burning fossil fuels and yet we are making no serious efforts to stem the tide of GHGs from oil, coal and natural gas.
Larry, watch for my weekend post…it is along the lines og global warming……