Friday, March 25, 2005

The tide that rises floats sinks all boats

Thank you Bob Herbert:

"President Bush believes in an 'ownership' society, which means that except for the wealthy, you're on your own.

...the era of shared sacrifices is over. This is the era of entrenched exploitation. All sacrifices will be made by working people and the poor, and the vast bulk of the benefits will accrue to the rich.

President Bush has proposed more than $200 billion worth of cuts in domestic discretionary programs over the next five years, and cuts of $26 billion in entitlement programs.

Conservatives insist the cuts are necessary to get the roaring federal budget deficit under control. But they have trouble keeping a straight face when they tell that story.

All the budgets contain more than $100 billion in tax cuts over the next five years, which makes a mockery of the G.O.P.'s budget-balancing rhetoric

It was Herbert Hoover who said: 'You know, the only trouble with capitalism is capitalists. They're too damn greedy.'"


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