Why does Bush deliberately create trillions in deficits?
The answer is something they would never admit. Because they WANT to bankrupt the treasury to starve the government and keep from having to pay out SS and Medicare in the future, entitlement monies which workers have already paid for. Rippping off the middleclass big-time and giving the money to the rich and corporate contributors almost tax-free.
Another reason is the escalation of war, CIA, NSA and rewarding cronies with huge defense contracts like SDI. But the massive Bush spending isn't going to creating jobs, it's going into private corporate coffers. And much of those corporate profits will never be taxed. Halliburton's 93 Caymans Island accounts are proof of that.
Voodoo Economics an corporate cronyism at its worst. With a nefarious long-term goal in mind, to basically privatize the USA and create bigger gulfs between rich and poor, corporate and public, white and minorities, management and workers, etc., to really stick it to the unions and middleclass. Also the Bush arrogance versus othere countries costs us a healthy global economy.
That is the recipe for a poorer USA, even for most of the rich. Remember during Clinton's years everyone benefitted. Nothing's perfect, but Clinton's way was clearly the best way, and the Bush way is already off-track, taking us in the wrong direction and is doomed to fail. The Bush debt will be on our credit card for a long-long time. It will be very costly. |
