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November 16, 2005
The Economy

A dry topic, but not so much when Molly Ivins writes about it.

Do read the comments. At the moment, I have this complicated argument going in my head with some of the comments, especially the person who naively proclaimed, "growth is growth."

There's a lot of arm-waving and shouting going on (still in my head), and explaining why the logical outcome of Bush's "ownership society" and the society the Radical Right is building are both communist in nature, but I just don't have the energy to write it all out at the moment, so just imagine you read it.

(Don't forget to add in the bit I wanted to add about how the Average Person doesn't want to "own" a piece of a corporation with all of those criminal corporate fraud cases hitting the front pages. Not to mention bankruptcies and outsourcing.)

Bottom line? Not all growth is equal, just as not all budget deficits are equal. Tax cuts that benefit the top 25% of the population and harm the bottom 75% will be, in the end, bad for everyone. Concentration of excess wealth in too few hands will destroy us.

Posted by AnneZook at 09:56 AM