Here are three facts to consider how he's been giving relatively more to the rich while impoverishing the middle-class and the poor. The first one is by ending progressive taxation in 2006. That in itself is a highly regressive move and its unfairness has been confirmed by an independent study. It's like a reverse tax revolution: the rich and super-rich hitting the jackpot. The next one is by clobbering a majority of our citizens with too high a rate of inflation. And the final one by not spending public money to solve a few of the problems that seriously exacerbate the "inequality of living conditions" (thanks Krugman!) of too many of our citizens: traffic congestion, non-interrupted water supply and non-competitive energy prices to name just three.
And of course, all of these combine in a vicious manner to bring the fabric of our society closer to collapse.
1 comments:
It seems to me that you are providing empirical evidence to trickle-up economics (neocon response to the failure of trickle-down economics)!
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