Baxil (baxil) wrote,

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Reaganomics explained

Since today's crop of conservatives in power worship at the altar of the Reagan revolution, "Reaganomics" isn't just a buzzword from the '80s, it's an economic idea guiding a lot of policy decisions. And lest we forget that its cheerful slogans conceal an agenda of radical class warfare, here's a simple reminder:

[Reaganomics: A rising tide lifts all boats]
(Click the image for a 1280x1024 wallpaper version.)

(Note for the irony-impaired: This is not meant to indicate that Reaganomics has any causal relation to the New Orleans flooding [*but see update]. This particular image just stuck in my mind as a counterpoint to the old slogan.

Reagan's "rising tide" assumes everyone has a metaphorical boat, when in reality most of the middle and lower classes are simply stranded near sea level. Redistributing money to the wealthy to "trickle down" merely increases the class divide. And while the wealthy are getting their tax cuts, we're footing the bill for Iraq, seeing more people without health insurance, and watching a determined attack on Social Security, the last line of retirement security for a majority of older Americans.)

Also, sympathy and good wishes to our friends, neighbors, and countrymen on the Gulf Coast. I urge you all to donate to the Red Cross or other such humanitarian organization if you have the resources.


Update, 6:29 p.m.: Alright, maybe Reaganomics didn't have any causal relationship to the New Orleans flooding ... but if we'd seen this in 2006 rather than in 2005, Bushonomics sure would have. Outrageous.

It's not like we haven't known about these dangers for years. Heck, it's not like Hurricane Dennis last year was a shot across the bow or anything. But, no, apparently there are more important things for the nation to do than to prepare for disasters before they arrive.

Also, I'm with August on this. And Bob. We've been fighting a "War on Terror" since 2001; the administration has acted like the American public doesn't have to face any consequences of the war. Well, every choice carries a cost. Is the cost of money sent to Iraq a broken levee in New Orleans? Is the cost of personnel sent to Iraq a rescue team that couldn't save a family from floods? These are questions that need answering.
Tags: politics

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