Saturday, February 19, 2011

Using the working class to try to avoid capitalist bankruptcy

From a NYT blog (Cairo on the Midwest article):

Ezra himself blames [Wisconsin] Governor Walker :

The governor called a special session of the legislature and signed two business tax breaks and a conservative health-care policy experiment that lowers overall tax revenues (among other things). The new legislation was not offset, and it turned a surplus into a deficit. As Brian Beutler writes, “public workers are being asked to pick up the tab for this agenda.”

But even that’s not the full story here. Public employees aren’t being asked to make a one-time payment into the state’s coffers. Rather, Walker is proposing to sharply curtail their right to bargain collectively. A cyclical downturn that isn’t their fault, plus an unexpected reversal in Wisconsin’s budget picture that wasn’t their doing, is being used to permanently end their ability to sit across the table from their employer and negotiate what their health insurance should look like.

JG: Tax Wall Street, the banks and the super-rich!

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