Bush,s tax cut?

paul krugman, in may 27 article in new york times titled "stating obvious", wrote "the gimmicks used make $800-billion-plus tax cut carry official price tag of $320 billion joke, yet cost without gimmicks large nation can't possibly afford while keeping other promises; ... people running america aren't conservatives: they're radicals want away social , economic system have, , fiscal crisis concocting may give them excuse need."

2 days later, peronet despeignes, reporting in financial times of london, wrote "the bush administration has shelved report commissioned treasury shows faces future of chronic federal budget deficits totaling @ least $44,200 trillion [the deficit @ 6 trillion dollars] in current dollars."

that's trillion "t". put terrifying figure in perspective, despeignes reported rough equivalent of 4 years of economic output or 94% of household assets, , "closing gap require equivalent of immediate , permanent 66 per cent across-the-board income tax increase."

next day, on public television show "now", bill moyers blunt. bush administration, said, kept news of impending debt public "lest throw fear of god congress , financial markets , cost them tax cut rich." moyers went on "we watching country's future slip deeper , deeper black hole of red ink."

, 2 days after that, noam chomsky, in interview on c-span televised on june 1, stated flatly tax cut calculated lead "fiscal train wreck".

"at point", krugman wrote, "bond markets balk - won't lend money government, of united states, if government's debt growing faster revenues, , there no plausible story how budget come under control."

that's point of massive tax cuts: breaking bank kill social programs. point made press secretary ari fleisher when pressed on issue. congress, fleisher said, have reform programs accordingly. didn't "kill", have been more appropriate.

corporate america has spent billions lobbying deregulation of activities , privatization of health system education national parks , forests social security -- situation lead ownership , control corporate sector , tiny handful of super rich of virtually every aspect of society.

no cash in federal till -- due massive tax cuts along huge deficits, , ultimate inability of government borrow further -- there no longer argue about. corporate sector win default, needed masses have obtained through them @ price want charge.

deficit balloons, rightist program privatize public lands moving right along. free marketeer terry anderson, published plan give each citizen "shares" of public domain, said shares being sellable on open market wealth scoop them up, has been made president bush's adviser on public lands issues.

late last year, fellow free marketeer , interior secretary, gale norton, product of anti-environmental "wise use movement", revealed plans "outsource" private sector 3,500 jobs in u.s. park service. raised no eyebrows, , january, 2003 estimate had risen more 11,000 positions - eyebrow-raising 72%. thereafter president bush revealed many 850,000 positions, federal, become privatized. declaration of war on public ownership , government people, framed argument fiscal efficiency.

country , culture in hands of few, democracy perishes.

paul krugman, in may 27 article in new york times titled "stating obvious", wrote "the gimmicks used make $800-billion-plus tax cut carry official price tag of $320 billion joke, yet cost without gimmicks large nation can't possibly afford...

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