As the GOP Senate flexes its newfound muscle and slashes a number of domestic programs, President Clinton emerges to assail Dubya’s health policies. Keep it up, Republicans, and watch Dubya’s numbers founder.
Category: Political Economy
When Land Sharks Attack.
In a remarkable confluence of GOP shibboleths, the Bush economic plan will cut taxes on tricked-up SUV‘s. Makes sense – not only does it help out Dubya’s oil buddies, but I presume most SUV drivers (outside of Detroit) are GOP voters, particularly given the findings in this article (sent to me via Dumbmonkey.)
Biting that Hand that Fed You.
Dubya comes out against affirmative action in Michigan. Ummm…how does he think he got into Yale? Or got into Harvard Business School after a thoroughly mediocre performance as an Eli? Easy…affirmative action for the rich, which in my own experience brought easily the most unqualified students to the Ivies. If he wants to stop unfair admissions practices, perhaps he should start with the man in the mirror. (On another note, this seems like a really dumb move by the usually smart Dubya White House. Why come out against affirmative action so quickly after the Lott fiasco? Bad call by the politicos.)
Three hundred a vote.
The Dems release their own economic stimulus plan to counter Dubya’s dividend debacle. Not bad…definitely better than the Bush fiasco. But why not a payroll tax reduction, and what is up with these $300 tax rebates? I’m sorry, but in this day and age, particularly with credit cards so easy to obtain and abuse, $300 is not going to change anyone’s financial straits. Instead of making tough decisions or wise policies about what to do with taxpayer money, legislators are handing it back to us in meager amounts in what basically amounts as a voting bribe. Simply put, it’s an evasion of responsibility and a waste of time. Cut payroll taxes, restructure the rolls, do something…but don’t just keep handing out rebates. C’mon, Dems, you can do better. (Although, I must say it again, this still sounds like a much better plan than Dubya’s.)
True Colors Shining Through.
As we embark on war in the Middle East and the states grapple with their worst fiscal crises in a generation, Dubya moves once again to protect the wealthy by eliminating taxes on dividends, despite the minimal effect it’ll have on economic growth. Typical. I’ve wondered aloud (10/12) about the double taxation on business profits before, but that was in better times, before Dubya blew out the economy with his deficit-exploding tax plan of 2001. (Speaking of which, thanks for the 300 bucks. It changed my life.) Given our dire economic situation and wartime footing now, it’s almost criminal to eliminate dividend taxes to aid stockholders, particularly when high payroll taxes continue to consume the balance of working Americans’ paychecks. (Of course, Dubya plans to pay for all this by freezing all domestic spending except homeland security.) Absolutely ridiculous…How out of it can you be? What will this plan do for the millions of Americans who don’t play the stock market? Are they suppose to pay for the war in Iraq while the wealthiest Americans watch their bank accounts grow? I swear the Monopoly guy must be taking meetings with Karl Rove somewhere in the West Wing.
Lest we forget.
The Corporate Scandals of 2002. You know, the ones that were all over the news before Saddam began his unchecked aggression again. Wait a tic…when did Saddam…? Now I’m confused.
Hell Freezes Over,
pigs are flying, and the Big Dig in Boston is almost done. Hope it was worth it.
Soak the Poor!
Brilliant. The Dubya administration is currently looking for ways to justify raising taxes on the poor. As Tim Noah pointed out in Slate, between this and Trent Lott it seems the GOP is showing their true colors all of a sudden.
Kerry steps out.
Democratic hopeful John Kerry bashes Dubya’s tax plan, and makes the case for payroll tax cuts instead. Nice move…payroll tax reduction isn’t only smart policy, it puts the GOP in an unhappy position – explaining why they’re suddenly against tax cuts that help average Americans at the expense of corporations.
Homeland (and Corporate) Security.
John McCain joins the Dems in fighting the Homeland Security Bill, mainly because it has swollen 450 pages since election day with ridiculous helpings of GOP pork. Looks like the only entities with security in Dubya’s universe are pharmaceutical companies and the anti-terrorism industry. Update: Despite McCain’s vote, the Dems lose again. (Mary Landrieu, Ben Nelson, and Zell Miller voted with the GOP, as did Wellstone’s current replacement, Dean Barkley.)