News and Opinion for Democrats Against Bush -- Part II
Bush's Tax Cuts Are an Expensive Fraud
PT. II - HOME PAGE
PT. II - CONTENTS
BUSH and the MEDIA
CIVIL RIGHTS
-- Gay Rights
THE ECONOMY
-- The Real Deficit
---- Deficit Lies
-- International Debt
---- Children Will Pay
-- Tax Cut Con Game
---- Tax-Cut Lies
------ to Small Business
---- Phony Benefits
---- Hurting States
---- Why Accepted?
---- Cuts Will Backfire
-- Low-Tax Mania
-- Move toward Flat Tax
-- Corp. Tax Dodgers
-- Corporate Welfare
---- Halliburton
-- The SUV Boondoggle
-- Unemploym't Worse
------ Comp. Denied
---- Jobs Not Created
-- Widespread Poverty
-- False Recovery
-- Stock Market
EDUCATION
-- Texas Sch. Scandals
-- Broken Promises
-- Abandoned Youth
-- College Aid Cut
-- Aid to Rich Colleges
-- Textbooks Censored
-- Acad. Freedom Denied
ELECTRONIC VOTING -- --- A Crucial Issue
ENERGY
-- Monstrous Bill
---- Allows Blackouts
---- Bi-Part. Oppos'n
-- New Energy Bill
ENVIRONMENT
-- Bush's "Eco-Speak"
---- How to Tell Lies
-- Crimes v. Nature
---- Air Pollution
---- Global Warming
---- Ozone Depletion
---- Chemical Hazards
---- Loss of Wildlife
-- States Combat Bush
---- Power Plant Suits
-- Pension Funds, Too
LABOR ISSUES
-- Worker Safety
-- Real Jobless Stats
-- Overtime in Danger
--"Productivity"
PUBLIC HEALTH
-- Poor Ranking
-- Privatized Socialism
-- Health Insurance
---- The Uninsured
------ Middle Class
-- Cost of Drugs
-- Medicare
---- A Cynical Bill
---- Favoring HMOs
---- $$ to Drug Co.s
---- Bait and Switch
---- AARP Sells Out
---- Bullying to Win
---- Australian Critique
---- Some Good News
-- Chill on Research
TRANSPORTATION
-- Amtrak
-- Mars vs. Amtrak
WAR OF IDEAS
-- Use of Language
WAR on TERROR
--'Enemy Combatants'
-- Ultra-Secret Trials
-- Homeland Insecurity
---- Funds Miss Needs
WAR on CIVIL RIGHTS
-- FBI Prying Grows
---- Targeting Protests
------ & Anti-Bush Talk
-- Computer Privacy
-- Patriot Act
---- Excesses
------ Cure - SAFE Act
---- Dangers
---- Author's Fear
---- Librarians' Warning
--"Patriot Act II"
---- Death for Protest?
---- Sneak Enactments
-- CAPPS II
---- GAO Criticisms
---- EFF Concerns
-- Guantanamo
---- Conditions
---- Legal Status
---- UK Judge's Blast
-- Torture Condoned
---- Canadian's Ordeal
-- Yousef Yee
WAR on SCIENCE
-- Scientists Accuse
---- Admin. Can't Deny
WAR on WOMEN
-- Abortion Truths
-- Notorious Photo
WAR on WORKING FAMILIES

Bush's tax cuts have created a windfall for the wealthy, crippled state budgets, and launched a staggering debt for our children and grandchildren to repay.

 
washingtonpost.com

Tax Revenue at 44-Year Low In Proportion to U.S. Economy

By Jonathan Weisman
Washington Post Staff Writer
Saturday, October 11, 2003; Page A12

The complete article may be purchased from the Washington Post archives at--  http://pqasb.pqarchiver.com/washingtonpost/search.html?nav=left

Quote--

Federal tax receipts relative to the overall economy have reached their lowest level since Dwight D. Eisenhower was president, while government spending has climbed to the highest point since Bill Clinton declared the era of big government over, according to new figures released by the Congressional Budget Office. ...

Critics of the president's fiscal stewardship are not backing off. Bush's $1.7 trillion in tax cuts will really begin taking a toll on government finances toward the end of the decade, when forecasters expect the economy to be rolling, said William G. Gale, an economist at the Brookings Institution. By 2010, the tax cuts will account for nearly half the swing from government surpluses once predicted to the deficits now expected.

And by then, the vanguard of Baby Boom retirees will have begun driving up Social Security and Medicare expenses by nearly 7 percent a year. ...

2003 The Washington Post Company
______________________________

New York Times 

The Sweet Spot

By PAUL KRUGMAN

Published: October 17, 2003

The complete article is available for purchase from the New York Times archives at-- http://query.nytimes.com/gst/abstract.html?res=FB0D1EFE3F5A0C748DDDA90994DB404482

Quote--

"What we have here is a form of looting."   So says George Akerlof, a Nobel laureate in economics, of the Bush administration's budget policies — and he's right. With startling speed, we've blown right through the usual concerns about budget deficits — about their effects on interest rates and economic growth — and into a range where the very solvency of the federal government is at stake. Almost every expert not on the administration's payroll now sees budget deficits equal to about a quarter of government spending for the next decade, and getting worse after that. ...

George W. Bush is like a man who tells you that he's bought you a fancy new TV set for Christmas, but neglects to tell you that he charged it to your credit card, and that while he was at it he also used the card to buy some stuff for himself. Eventually, the bill will come due — and it will be your problem, not his. ...

 2003  The New York Times Company

To read Paul Krugman's current editorials in the New York Times, click on the following link-http://nytimes.com/top/opinion/editorialsandoped/oped/columnists/paulkrugman/index.html
His latest two articles are available printed in full, free of charge.    Older articles, like the one above, may be purchased online

Enter supporting content here

 FAIR USE NOTICE  
  This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.