Wall Street is rolling in cash. C.E.O. bonuses are going gangbusters. It’s a really good time to be rich!I find it very puzzling that more Americans don't understand the impetus behind the Republicans' fiscal strategy: to help the rich get richer, damn everyone else.
If you’re poor, not so much. The pall of the recession is suffocating. The unemployment rate is still unbearably high. The Census Bureau reported in September that the poverty rate for 2009 was 14.3 percent, higher than it has been since 1994, and the number of uninsured reached a record high. And the Department of Agriculture has reported record “prevalence of food insecurity.”
So in a civil society, which of these groups should be expected to sacrifice a bit for the benefit of the other and the overall health and prosperity of the nation at a time of great uncertainty? The poor, of course. At least that seems to be the Republican answer.
Under the guise of deficit reduction, the Republicans are proposing to not only make the Bush tax cuts for the wealthy permanent, but to reduce their taxes even more — cutting the top individual rate from 35 percent to 25 percent to “promote growth and job creation.” And they plan to pay for this by taking a buzz saw to programs that benefit the poor, elderly and otherwise vulnerable. . . .
More tax cuts would be gluttony in a time of starvation. That is not America. That is a nation about to be plundered, and a people laid to waste.
Saturday, April 16, 2011
Charles Blow gives what I think is the only possible moral response to the Ryan budget: outrage.