A Socialist Worker Editorial
Another government handout...for the rich
Another giveaway to the rich is being justified in the name of "bipartisan compromise."
December 8, 2010
TIMES ARE tough, workers are suffering, and the president says that he can't stand by any longer--he has to act.
So what's Barack Obama's proposal? A crash program to create jobs for the millions of long-term unemployed? Double spending on projects to rebuild America's crumbing infrastructure? A new government initiative to stem the surge in hunger since the economic crisis began?
No, no and no. Instead, Obama boldly met with Republican leaders in Congress and agreed to give them what they've been demanding all year--an extension of the Bush-era income tax cuts, including for the wealthiest Americans.
If you're an unemployed worker whose benefits are about to run out or a federal worker whose wages will be frozen for two years, letting the richest few--the people responsible for the crisis, mind you--continue to enjoy this bonanza while everyone else is tightening their belts may not make a whole lot of sense.
But if you're part of the Wall Street elite--the people whose opinions actually matter in Washington--Obama's decision was obvious and predictable.
That's because extending the Bush tax cuts was business as usual for Corporate America's second-favorite political party, the Democrats. No matter how they might complain about the Republicans' ties to the wealthy, the Democrats are just as serious about representing corporate interests.
So two years after a wave of hope and expectation among voters put Obama in the White House, it's obvious whose vote really counts in Washington -- Wall Street's.
JG: Gee, I am beginning to sound like a broken record. Do not reward Obama or Palin with your vote in 2012. The two major capitalist parties do not represent the interests of the working class. They are whores to the super rich, the banks, the big corporations and Wall Street.
Do not despair and do not give up. ORGANIZE! Plant the seed that will destroy U.S. capitalism. If you continue voting for Democrats and Republicans you will continue to be SCREWED!