Bush’s budget is aimed at some of my favorite pals, and the pals of my little ones, too. He is proposing funding cuts for the Corporation for Public Broadcasting to the tune of $150 million. These are the people who bring you Sesame Street, Between the Lions, and Arthur. Personally, these shows constitute 75% of the television that I watch (when I watch TV, it is usually with my kids) and I am appalled that we are going to drain these shows of funding in order to fork over more tax cuts for the super-rich.
And in an effort to make sure that a whole bunch of children are left behind, Bush is also cutting funds for vocational-education spending, arts spending, and drug abuse education and prevention in schools. My opinion: funding for voc-ed should be doubled, not cut. A certain percentage of kids are not college material but they can still be productive members of society, and if we invest in training them young for a vocation, this would do much good for the economy and the workforce.
The President’s budget cuts funding for educational services from the pre-school years right up through college. This budget is a wasteland littered with the President’s broken IOUs to America’s schoolchildren and college students. The President had a lot to say last week about competitiveness. Soaring rhetoric sounds nice, but it doesn’t educate our children or keep our economy strong – only real actions can do that. America can do better than this budget, and we have to if we want to keep our top spot in the global economy.
That is exactly the plan. Drain every nickel that actually does some general good and give it all to the super rich.
For those of you who have spent your working lives in the period after 1983, you can take immense pride in knowing that you funded the Great Tax Giveaway of 2001 – 2003. See, back in ’83, Pres Raygun realized that Social Security would need help. So he commissioned a panel to study the problem. The panel was chaired by none other than the maestro, Alan Greenspan. The panel recommended raising the FICA tax, which is all about wagess, in order to build up a surplus for SS against the day that the Boomers started retiring.
And the plan worked. Sort of. The surplus was created. And SS is still taking in more than it pays out. The problem is that bu$h came along and decided that “it’s your money.” Except–he didn’t give it to the people who had paid it in, which is everyone making less than $90k/year. These are the people who’ve had the money taken out of their checks over the last 20 years. But instead of giving it to the rightful owners, bu$h designed his cut so that the vast bulk of it went to the top 1-5% of the population. People who have not been paying in their fair share of FICA because of the $90k cap.
Presto. The greatest transfer of wealth UPWARD ever. And the Repubs would have you believe that income re-distribution is not the business of gov’t. What that means is that wealth should not be spread DOWNWARD.
So, stripping PBS to give more money to the wealthy is just one more piece of the puzzle. bu$h wants to make sure we’re all poor enough so that he and his cronies will have an adequate supply of servants. It takes a lot of servants to run three or four mansions.
Plus, by cutting education, fewer people will be able to pull themselves out of the servant class.
And we think the bozo in the White House doesn’t know what he’s doing.
For more of the wealth-transfer scam, read Paul Krugman, whenever possible.