Thursday, January 18, 2007

Six Years of Republican Government Grows U.S. Corporations and Upper class


Big surprise! Wages for the middle class and the poor have actually gone down in value on Mr. Bush’s watch. Let’s look at some statistics. Corporate profits increased from 17.7% in 2000 to 20.9% in 2005. At the same time the share of the economy going to wages has sunk to an extreme low. Despite Republican claims, overall job growth for the period is a lethargic 1.3%. Additionally, salary growth exists only in the top 20% of the work force, with the greatest (should I say brobdingnagian? *) growth going to the top one tenth of one percent. * It is no wonder those of us in the middle class feel an economic pinch, though this president has given a tax break to married heterosexuals with children (LGBT people with children are not allowed to be married and thus are not considered to be “families.”). H-m-m-m-m-m, could it be that the greatest part of the tax break goes to corporations and the rich as well?

I haven’t been able to figure out why any poor, middleclass, blue or white collar, people of any nationality, race, or ethnic background vote republican. Do they think upper class Republicans plan on making them rich? That is absolute oxymoronic idiocy!

*brobdingnagian – from Jonathan Swift’s Gulliver’s Travels- the land of the giants.

*Statistics in this article are taken from the BBC News (http://newsvote.bbc.co.uk/mpapps/pagetools/print/news.bbc.co.uk/2/), an article titled “The end of the American dream? (1/12/07, 10:02 AM GMT).

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