Saturday, December 18, 2004

Is Bush the Second Coming?- Bush's poverty machine

For He shall rescue the poor when he cries out,
and the afflicted when he has no one to help him.
He shall have pity for the lowly and the poor;
the lives of the poor he shall save.
Psalm 72: 12-13
 
Under Bush, the rich are getting richer and the poor are getting poorer.   Whenever I feel tempted join the rapture cult, seduced by their assurance that God means to destroy the earth and take voters for Bush to heaven,
I go back to the Bible and remind myself what it really says.  http://biblequotes.blogspot.com/
 
For specifics about the increase in domestic poverty in America under Bush, see Poverty 2003 Highlights- Census Bureau Poverty: 2003 Highlights.
 
I'm including an excellent commentary on the Census Bureau report.
 
In the name of the Prince of Peace,   Carol Wolman

Bush's poverty machine


By Chris Dykstra
Posted on Fri Aug 27th, 2004

The latest US Census information detailing the American lower middle class's slow slip-slide into poverty under George Bush was released yesterday. 1.3 million more people crossed into poverty in 2003. Children made up more than half the increase.

Does this really surprise anyone? It has long been known that the Bush economic policy of huge tax cuts for the wealthy, consistent deregulation of the workplace combined with downward pressure on wages, combined with agressive outsourcing, combined with slashed overtime equals a poverty machine.

Opinion ::

The poverty problem doesn't have much to do with economic growth. Economic growth is a measure of profit. The bush policies of relentless tax cuts, the post 9/11 military contract orgy, Bush's profligate spending and the awsome parade of pro-business legislation that has rolled out of Washington have all contributed to economic growth. Business, as a matter of fact, is probably quite healthy. The problem is that the system is rigged to favor the wealthy.

Now, I am a capitalist. I believe that capitalism harnessed through the American economy is the most powerful force for positive change in the world. It is not the government’s job to manage the economy so much as it is to manage the structure in which the economy flourishes. The government must provide the roadmap and the rulebook. When the roadmap and rulebook aggressively seek to redistribute assets and resources upwards, a sound economy is impossible because the people that drive it can't afford quality of life. A sound economy means that the people that live in it have a decent shot at achieving their dreams.

Back in June, I wrote:

The treasury is being pillaged by President Bush and the wealthy Republican supporters who paid for the privilege. As a result, negative social consequences will emerge. If Bush is re-elected and his policies become permanent, they will mark the character of the near American future. Families and small businesses can expect an increase in bankruptcies. Those on the edge of the poverty line will move closer to poverty through lower median incomes. Many workers will feel the bite as the workplace becomes hostile. Of particular concern is of course the effect on children as foreclosures increase and health insurance gets harder to come by.

Now the numbers have come home to roost. How much more evidence do any Republicans and Independents who may still be open minded need before they renounce the economic direction this President is taking us?

0 Comments:

Post a Comment

<< Home