08/12/2005: Those Evil Un-Dead Ideas....
”…Average Americans may not sit around fretting about America's outsized budget and trade deficits, and its unprecedented foreign indebtedness. But many of them - as buyers, borrowers and employees - are concerned about the increasingly bubbly housing sector.
The economy's shortcomings are nowhere more obvious than in the job market. Nearly four years into an economic expansion, job growth is still substantially slower than in previous recoveries. Wages for 80 percent of the work force are barely keeping pace with inflation, and aid for the workers hurt by global trade is paltry. Because Mr. Bush fails to acknowledge the lackluster job and wage growth, he fails to respond appropriately. The administration's insistence that the economy is getting better all the time - a stance that is based on statistical aggregates that are often divorced from individuals' actual experience - only intensifies the anxiety that people feel.
After the meeting in Crawford, participants said health care costs had been a major topic of discussion, though they wouldn't say what, if any, policies the president might pursue. Instead, they crowed about the administration's postvacation plans: to redouble efforts to privatize Social Security and to embark on "tax reform," which is premised, in part, on permanent tax cuts for the wealthy and would therefore mean bigger deficits, drastic cuts in government services or higher taxes for everyone else….”
-- NY Times Op-Ed
As I wrote about months ago: One commentator noted at another site:
"Since George Bush is Brain-Dead already, his ideas are “Un-dead” and can never really be destroyed. They just keep coming back like evil un-dead zombies or vampires."
And so it seems with these Evil Un-Dead Ideas to create a partial Privatization of Social Security via the implementation of “Personal Accounts.”
No matter how the numbers don’t add up. No matter how these are NOT “private nest eggs in your name – out of reach of the government.” No matter how this would, of necessity cut back on the current benefits paid out to retirees and soon-to-be retirees. – The GOP, and Home-Boy, Denny, just keep trotting out these damnable lies and distortions trying to push an agenda 58% (or more) of Americans are opposed to.
Yep, they’re working hard – but hardly for us!!! Be very anxious and very afraid.
Karen on 08.12.05 @ 05:12 AM CST