by skeptic
Friday, Aug. 01, 2003 at 8:03 AM
This is a short rebuttal to the biased Reuter's article that claims that George W. Bush's so-called "free market" economics are working. Cut through all the financial broker's jargon in the piece and you'll see that it doesn't say anything about job losses in the service sector, or that the so-called upsurge is based on profits made by primarily defense-related corporations that benefited from bush's tax cut for the rich.
So yes, bush's "free market" is working if you belong to the top percentile that reaps profits from defense spending or other industries that are in line with the adminstrations current foreign and domestic policies
(e.g. mass media corporations and related investment firms). But if you're in the lower-middle to working
class economic bracket, you're still fucked. You can wait and see if the top margins dividends start
trickling down to you, but that would be like waiting for Jesus to return.
While defense contractors like Boeing are accruing profits through the murder of civilians in foreign countries
like Iraq, they are also laying off workers while entertaining the notion of relocating to south of the border
to make mo' money, mo' money, mo' money.
Oh, and if you work in the healthcare industry, or other social services, you know, things that americans really
need more than bombs killing people in other lands, forget it. Clinics and other providers are laying off
people by the thousands, and in some cases, shutting down.
If anything, the Reuters article suggests that the greedy corporate motherfuckers of this country who support bush are making a killing, literally, off the invasion of Iraq and would like to brainwash the rest of us sheep
into thinking it will benefit us. Like I already suggested, don't hold your breath.
Thank Reuters for toeing the line of other shill media giants in perpetuating an illusion of economic prosperity that most americans won't see, other than through the violence on CNN and possibly the body bags containing their loved ones that may return from Iraq.