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"Polarized America" & "Class War Politics"
As he often does, Paul Krugman hits home with poignant issue - economic disparity in America, and the politics which supports it - even thrives upon it.
"Class War Politics" by Paul Krugman, NY Times, June 19, 2006
The poor don't have money, so they don't contribute big bucks to political campaigns, so the politicians ignore them!
So much for Democracy. And the Bush administration wants to make the rest of the world that way. Perhaps that's why Bush and buddies are comfortable cozying up the dictatorships like that of Teodoro Obiang Nguema Mbasogo in Equatorial Guinea.
On the domestic side of politics (NY Times, June 23, 2006):
As he often does, Paul Krugman hits home with poignant issue - economic disparity in America, and the politics which supports it - even thrives upon it.
"Class War Politics" by Paul Krugman, NY Times, June 19, 2006
In case you haven't noticed, modern American politics is marked by vicious partisanship, with the great bulk of the viciousness coming from the right. It's clear that the Republican plan for the 2006 election is, once again, to question Democrats' patriotism.
But do Republican leaders truly believe that they are serious about fighting terrorism, while Democrats aren't? When the speaker of the House declares that "we in this Congress must show the same steely resolve as those men and women on United Flight 93," is that really the way he sees himself? (Dennis Hastert, Man of Steel!) Of course, not.
So what's our bitter partisan divide really about? In two words: class warfare. That's the lesson of an important new book, "Polarized America: The Dance of Ideology and Unequal Riches," by Nolan McCarty of Princeton University, Keith Poole of the University of California, San Diego, and Howard Rosenthal of New York University.
"Polarized America" is a technical book written for political scientists. But it's essential reading for anyone who wants to understand what's happening to America.
The poor don't have money, so they don't contribute big bucks to political campaigns, so the politicians ignore them!
So much for Democracy. And the Bush administration wants to make the rest of the world that way. Perhaps that's why Bush and buddies are comfortable cozying up the dictatorships like that of Teodoro Obiang Nguema Mbasogo in Equatorial Guinea.
On the domestic side of politics (NY Times, June 23, 2006):
A Look at Republican Priorities: Comforting the Comfortable
Two weeks ago, the Senate killed an effort to repeal the federal estate tax on multimillion-dollar fortunes. The "no" votes were a stand for budget sanity and basic fairness. But the pro-repeal camp doesn't want to take no for an answer.
Yesterday, the House of Representatives passed an estate-tax cut that is a repeal in everything but name. The so-called compromise would exempt more than 99.5 percent of estates from tax, slash the tax rates on the rest and cost at least $760 billion during its first full decade. Of that, $600 billion is the amount the government would have to borrow to make up for lost revenue from the cuts, which would benefit the heirs of America's wealthiest families, like the Marses of Mars bar and the Waltons of Wal-Mart Stores. The remaining $160 billion is the interest on that borrowing, which would be paid by all Americans.
No lawmaker who voted for the compromise gets any points for moderation. Like the earlier full repeal bill, this one is unfair and grounded in intellectual dishonesty. The goal is not to pass good legislation, but to get this top priority for big-shot constituents nailed into law before the November elections produce a legislature that's more responsible on fiscal matters.
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