"When you hear people say, `Oh, let's just let the tax cuts
expire,' it's a tax increase."--President George Bush,
February 19, 2004We 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.
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.
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.
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.
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!
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?
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 occurring.
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 |