Monday, October 27, 2003

The Bush Recovery

Bob Herbert at the NYT lays out the dirty (not-so)secret behind the BushCo.'s economic turn around: It's great if you're already rich, not so otherwise.

A couple of key grafs towards the end:

"The Bush administration has made absolutely no secret of the fact that it is committed to the interests of the very wealthy. Leona Helmsley is supposed to have said that "only the little people pay taxes." The Bush crowd has turned that into a national fiat.

A cornerstone of post-Depression policy in this country has been a commitment to policies aimed at raising the standard of living of the poor and the middle class. That's over.

When it comes to jobs, taxes, education and middle-class entitlement programs like Social Security, the message from the Bush administration couldn't be clearer: You're on your own.
Herbert's been right on top of his form lately. Go read the entire piece.

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