The Ten Worst Nightmares Bush Inflicted on America

10. Stagnating worker wages and the emergence of a new monied aristocracy. Of all the income growth of the entire country of the United States in the Bush years, the richest 1 percent of the working population, about 1.3 million persons, grabbed up over two-thirds of it. The Reagan and Bush cuts in tax rates on the wealthy have created a dangerous little alien inside our supposedly democratic society, of the super-rich, with their legions of camp followers (sometimes referred to as ‘analysts’ or ‘economists’ or ‘journalists’). The new lords and ladies are the Dick and Liz Cheneys and the people for whom they shill. They are the Rupert Murdochs and the Richard Mellon Scaifes, and they are guaranteed to own more and more of the country as long as more progressive taxation (i.e. pre-Reagan, not pre-Bush) is not restored. They are the ones who didn’t want a public universal health option, did not want the wars abroad to end abruptly, did not want the Copenhagen Climate convention to succeed. They are driven by pure greed and narrow profit-seeking for themselves. They always get their way, and they always will as long as you poor stupid bastards buy the line that when the government raises their taxes, it is taking something away from you. It is the alliance of the Neoliberal super-rich with the new lower middle class populists led by W. and now by Sarah Palin that produces clown politics in the US unmatched in most advanced industrial countries with the possible exception of Italy.

http://www.alternet.org/story/144755/the_ten_worst_nightmares_bush_inflicted_on_america

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