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Which is:
- low paying Jobs for everybody - out-sourcing of high-tech jobs to other country's - a high stock-market to give the preception of growth for everybody when it is mostly the playground of the wealthy - less governmental regulation in all aspects of the economy
- Trickle down economics
- supply side economics - high deficest to cut government spending on social programs while keeping most of the money for the military industrial complex
Basically, we are seeing Reagonimcs revenge on a more wide-spread scale. This growth that we are seeing due to the large tax-cuts to some extent (agree with me or not), is so superficial that it will only last a few months. The only way to keep this growth in a non-self-sustaing system is to give more tax cuts, which is just what they'll fish for when the economy gos back down to normal levels. Sure, this was a shot in the arm, but like any drug, the high will wear off while the defiect sores, people lose good paying jobs to other country's, the rich get more wealth.
I'm an ecologist and when I see the system we have going now It is easy to see that the input of a tax rebate will be absorbed, but the structural problems are still there.
No system can sustatin itself at prior levels when it loses certain things (such as well paying jobs, wealth distribution, etc...)
The Bush tax cut is a sham, that will have to be repeated in order for the economy to function at superficial growth levels while raising record deficets.
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