Friday, September 01, 2006

George Bush's economy

It's not just Iraq. Sure, Bush has been a massive failure in foreign polic, with his adventure in Iraq making things more dangerous for the people we were supposedly trying to help in Iraq, and the people he was supposedly trying to protect in the United States. Still, take a look at the economy and what Bush has done there. Here's what he says: “The foundation of our economy is solid, and it’s strong. Because of the tax cuts we passed, American workers and families and small businesses are keeping more of the money they earn. And they’re using that money to drive this economy of ours forward.” And here's what his sycophant Larry Kudlow says about it: Bush has the story right. Low tax rates, strong economic growth and shrinking budget deficits — it’s still the greatest story never told.

On the other hand, here's a quote from E.J. Dionne's op-ed piece in toda's Post: Worse is that the proportion of the poor who are very poor has risen. People are considered in deep poverty if they have half or less of the yearly income of those at the poverty line. In 2005 half the poverty line for a family of three was $7,788; for a family of four it was $9,985. (Try living on that.) According to the new report, 43.1 percent of poor people lived in that sort of deep poverty -- a record since 1975, when the government started assembling such statistics.

What's the difference? The difference is that what Dionne says is based on the facts.

And what this means is that in the next two months we need to do everything we can to elect Democrats to Congress, so we can stop Bush's war on the poor.

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