We've fallen into the bad habit of calling these programs "entitlements," which sounds morally suspect as if a more responsible public wouldn't depend on them. If the Great Recession has taught us anything, it should be that.anyone can take a fall through no fault of their own.
Finally, like Hoover and Mellon, Republicans want to cut the deficit and balance the budget at a time when a large portion of the workforce is idle.
This defies economic logic. When consumers aren't spending, businesses aren't investing and exports can't possibly fill the gap, and when state governments are slashing their budgets, the federal government has to spend more. Otherwise, the Great Recession will turn into exactly what Hoover and Mellon ushered in a seemingly endless Great Depression.
It's also cruel. Cutting the deficit and balancing the budget any time soon will subject tens of millions of American families to unnecessary hardship and throw even more into poverty.
Herbert Hoover and Andrew Mellon thought their economic policies would purge the rottenness out of the system and lead to a more moral life. Instead, it purged morality out of the system and lead to a more rotten life for millions of Americans.
And that's exactly what Republicans are offering yet again.
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