The Supercommittee Show is over, brought to you by a corporate media that continues to peddle horse-trading, the blame game and the mini-drama of who compromised and who didn’t to consumers. What’s missing from the coverage is what matters—a recognition that the inside-the-Beltway crowd has a misplaced obsession with short-term deficits and debt rather than the real crisis of our time: joblessness, growing inequality and building a more sustainable, Main Street economy.
There are in fact many alternatives out there worthy of attention—ideas that are more reasonable, more equitable and accomplished far more fiscally responsibly and in hold more promise for bettering people’s lives than anything considered by a Supercommittee and Congress heavily mortgaged to corporate dough. The Progressive Caucus’ People’s Budget is one example. And now, a recently released report by the Institute for Policy Studies (IPS), America Is Not Broke.
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