Top Ten Ways We Got Jacked By Conservatives
September 22, 2006 by Marc Lamont Hill
Had enough of ‘conservative’ rip-off artists in Washington? Here’s a list of the worst offenses we’ve seen since 2001.
By Nomi Prins
1) The Bush administration has created the biggest budget deficit, debt, and trade imbalance ever while cutting funding for domestic needs like education, Medicare, and Medicaid.
2) The administration’s tax cuts favor the rich, no matter how you look at it. About 87 percent of tax benefits go to the 14 percent of households with incomes above $100,000. Households with incomes below $75,000 — three-quarters of all households — get just 5 percent of those benefits.
3) Bush signed the largest corporate tax break package in two decades, $136 billion. After World War II, corporations paid half the cost of running the federal government. Today, they pay 7%.
4) The price of gas doubled under Bush. The top oil companies earned $25 billion during the quarter that Hurricane Katrina struck compared to $50 billion for all of 2004. Former Exxon-Mobil, CEO, Lee Raymond got a $400 million exit package.
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Comments
1. RWS wrote:
True, we would be lucky. I can’t argue with that.
September 23, 2006 @ 11:14 amLeave a Reply

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