Jackleg Thinktank

Monday, December 17, 2007

Bush's Economy

This article, using Congressional Budget Office data, shows just how successful Bush has been on behalf of those who bought the presidency for him. When the increase in income for the top one percent of incomes is 37% higher than the total income of the bottom 20%, the class warfare right wing talkers inveigh against may well be in order. Class warfare is a term I do not accept, except to the extent that I struggle not to feel morally superior to those who see government as another service they can buy to line their own pockets, who feel no compunction about buying politics to avoid paying their fair share of the missile shield for Czechoslovakia (which they do not want), the war in Iraq (which they do not want), or spying in my email (which I do not want).

Bush's whole speech today was based on fear tactics (Don't raise taxes and slow the economy!) and untruths (I still have trouble calling even an unelected President a liar.) This same fellow who claims making people who, mainly because of tax cuts, increased their income $524 billion during 2003-2005, sees no problem going to optional war on credit. He could have financed this war by investing the tax windfall he got for the rich (which he did not do) and the lives of the children of the poor (which he did do). Scandalous.

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