Government Must Make All the Investments Necessary to Extend the Social and Public Sectors of the Economy

April 29, 2013

On April 10, Obama sent his fiscal 2014 budget proposal to Congress. The proposal calls for a $93 billion increase in federal spending for the year. Obama's proposal includes plans to slash future Social Security benefits by cutting back on cost-of-living increases and plans to slash future Medicare benefits by increasing co-payments and co-premiums. Once again Obama himself has exposed the lie of the sold-out leaders of the AFL-CIO and the the so-called "friends of labor" in the Democratic Party who advertise him as less anti-worker than the Republicans.

Today the so-called budget debate between Obama and the Republicans is not even over which programs to cut and by how much. Instead, the debate is over how quickly to introduce "reforms" which lead to reductions in the "burdensome expense" of social programs. Specifically the politicians claim that cuts to the few social programs which help the workers and great majority of Americans are necessary in order to "balance the budget."

But this is just a lie. The Workers Party has repeatedly shown that the budget crisis can readily be addressed by declaring a moratorium on the government's debt and by putting a stop to the militarization of the economy. This program is rejected by the Republican and Democratic Party politicians because their real concern is to put all of the taxpayers' monies at the disposal of big business. Any investment in social programs is considered an unnecessary cost which limits the funds that the government can make available to big business.

The entire fiscal policy of bleeding the people through taxes while starving them by withdrawing all social programs is part of the response of the capitalist class to the unresolvable crisis of their system. As the crisis of capitalism continues and intensifies, the capitalists and their government are determined to put the entire burden of the crisis onto the backs of the working people. That is why any and every measure proposed by the Republicans and Democrats to allegedly "solve" these crises is based on shifting an ever greater burden onto the working people by slashing social investments and taking huge sums out of the public treasury in order to fatten the profits of the monopoly capitalists.

And while the Democrats and Republicans go on shifting the burden on to the people, the majority of Americans are denied their fundamental economic rights. In the midst of Obama's so-called "economic recovery" 90 million workers find themselves permanently unemployed and millions more can only find part-time or temporary jobs. The real wages of the workers have been falling for many years, often to a point even below subsistence. Forty-five million people have no health insurance whatsoever and tens of millions more are denied needed health services. Millions are homeless and tens of millions are forced to live in substandard housing. Millions of children suffer malnutrition and hunger. The public schools are crumbling and millions of working class children are denied their right to a modern education. And already the capitalist economists are predicting that another recession is just around the corner.

Facing this situation, the working class and people have no choice but to demand a fundamental change in the government policy and in the economic direction of the country. The people must demand that the first priority be to recognize and guarantee all the inalienable rights of the people including such rights as the right to free, comprehensive health care, to secure pensions, to a job or income commensurate with our country's high level of development, to the best possible education at all levels, and so on.

Clearly our country has all the resources necessary to guarantee these rights. It is up to the people to organize themselves as a political force capable of securing their rights.