Tuesday, January 27, 2009

Reagan-Bush Revolution

* On or about Jan 19, 2009, a 93-year-old WWII veteran froze to death in his Michigan home. His local government had turned off his electricity. On his kitchen table was an electric bill clipped to a large amount of money. He was $1000 behind on his electric bill.
* Will he be the last casualty of the Reagan-Bush revolution? Probably not, since Newt Gingrich, Grover Norquist, Rush Limbaugh, Steve Gill, Phil Valentine, George Will and others still have a vast following of self-righteous, anti-tax, anti-government, anti-intellectual Kool Aid drinkers.
* Why would people of good will support a movement that enlarged the number of Princeton graduates sequestering billions by shuffling paper on Wall Street at a time when the need for Wall Street paper shufflers was actually diminishing? Why would ordinary workers support a movement that encouraged multi-state retailers to off-shore suppliers for pennies per item? Why would economists justify a movement that concentrated wealth in a tiny fraction of the population, that perpetuated a plutocracy, that made war on the bottom of the socio-economic pyramid? Don't economists know that a healthy economy needs people down there who can afford what they need?
* On or about Jan 19, 2009, a 93-year-old WWII veteran froze to death in his Michigan home.

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