Feb. 19, 2004 (base image by AP/Gerald Herbert)

Bush’s tax cuts:
a reductionist economic policy for a reductionist thinker

   
Nipawin - Friday - February 20, 2004 - by: Mario deSantis

"When you hear people say, `Oh, let's just let the tax cuts expire,' it's a tax increase."

President George Bush, February 19, 2004

duped by
politicians

We live in a world where we are purposely duped by the few and privileged. That was my understanding I developed as I began to study the economic policies of our Saskatchewan politicians in the late 90ies. Now that I have discovered George Orwell’s work ‘1984’ I feel more confident than ever of my first feeling that we are being duped by the elitist politicians and their brotherly corporations.

 

 

its the
way it is
described

I have used the word ‘hypocrisy’ to define the incongruent behaviour of the elitist leaders who do not walk their talk. We have to thank George Orwell for defining the new word ‘doublethink’ that is
"the power of holding two contradictory beliefs in one's mind simultaneously, and accepting both of them."
I now understand that doublethink can be explained as indoctrinated hypocrisy. Along with doublethink, George Orwell defines the word ‘Newspeak,’ that is the progressive deterioration of our language and the consequential rewriting of history with this Newspeak.

 

 

progressive
inability

The social understanding of these two words ‘doublethink’ and ‘Newspeak’ are really essential in explaining the New World Order of the few and privileged. Doublethink explains our progressive inability to think, and Newspeak explains our progressive inability to describe what we think.

 

 

bankruptcy

President George Bush has lost his capacity to think and he is rewriting economic history with his reductionist newspeak of ‘cutting taxes.’ Bush wants to stimulate the economy by making the tax cuts permanent in the future, but what he is prescribing is the imperial bankruptcy of the United States.

 

 

tax
cuts

The budget deficit will be about $521 billion this year. The economy is subsidised by foreign borrowing equivalent to the trade deficit of some $489.4 billion for 2003 and this is happening at the time the dollar has been losing well over 20 percent of its value against major international currencies in the last two years. The European economy is a step behind the American economy and the Chinese economy, while it is booming at this time, may overheat and eventually stagnate. We have a globalized economy and yet the Bush Administration is focusing his domestic economic policies on tax cuts. Amazing!

 

 

back to
the 50's

Paul Krugman has noted recently that:

"the prime cause of giant budget deficits is a plunge in the federal government's tax take, which fell from 20.9 percent of GDP in fiscal 2000 to a projected 15.7 percent this year, the lowest share since 1950."

This observation must be qualified with the fact that the dodging of taxes by American corporations is estimated at between $250 and 300 billion a year. I ask, why doesn’t Bush work to refund these dodged taxes rather than refund individual taxes?

 

 

confounding

President Bush is ‘newspeakly’ preaching individual tax cuts and people let him get away with it as we are losing our own thinking and our own means to describe what is occuring.
   
 

Mario deSantis

   

   
References:
  Pertinent articles published in Ensign
   
  Loven, Jennifer Bush Makes Pitch for Permanent Tax Cuts (PDF) February 19, 2004 Associated Press, http://story.news.yahoo.com/news?tmpl=story&u=/ap/20040220/ap_on_go_pr_wh/bush_5
   
  Krugman, Paul Another Bogus Budget February 3, 2004 New York Times,
http://truthout.org/docs_04/020404E.shtml
   
  Weisman, Jonathan and Paul Blustein Trade Deficit Hits $489 Billion: widening Gap Triggers Further Debate on Job Losses Overseas (PDF) February 14, 2004 Washington Post,
http://www.washingtonpost.com/wp-dyn/articles/A40854-2004Feb13.html
   
  Wong, John A sizzling economy dogged by worries of overheating January 27, 2004 Straits Times, http://www.chinastudygroup.org/index.php?type=news&id=4526
   
  Smith, Hedryck The Great American Tax Dodge (PDF) February 19, 2004 FRONTLINE/PBS, http://www.pbs.org/wgbh/pages/frontline/shows/tax/shelter/oped.html
   

 

Return to Ensign - Return to Saskatchewan News

 
This page is a story posted on Ensign and/or Saskatchewan News, both of which are daily web sites offering a variety of material from scenic images, political commentary, information and news. These publications are the work of Faster Than Light Communications . If you would like to comment on this story or you wish to contact the editor of these sites please send us email.
 

Editor : Timothy W. Shire
Faster Than Light Communication
Box 1776, Tisdale, Saskatchewan, Canada, S0E 1T0
306 873 2004