Daily Revolt

August 28, 2006

Bush and the Corporate Dictatorship

With all the concern about the Iraq War fiasco, very little attention is given to Bush's war on the American worker. The New York Times gives us a hint of how bad it is:
"...wages and salaries now make up the lowest share of the nation's gross domestic product since the government began recording the data in 1947, while corporate profits have climbed to their highest share since the 1960s. UBS, the investment bank, recently described the current period as 'the golden era of profitability.'"

The commotion in recent months over illegal immigration was a reaction to Bush's policy of trying to suppress the wages of American citizens. The recent defeat by Republicans of a bill that would've raised the minimum wage is also part of that conspiracy. What has kept the public seemingly docile has been the low unemployment rate.

The Times article described how workers have increased productivity but are getting less for it. Meanwhile, the wealthy are stuffing their faces. The stock market boobenefiteded only the corporations, the working poor saw no gain. The only progress for working people came from the raising of the minimum wage. Consequently, the economy boomed because of the increased rate, despite all the propaganda from the corporate establishment. Nonetheless, it was not enough to raise the standard of living of most Americans. Bush, and his predecessors, have allowed our industries to be outsourced which, along with illegal aliens, have done more to destroy our economy and wages than any other factor. Bush has only sought to accelerate thdemisess. This is why the poverty rate has risen every year since Prince George has been in power.

It would be mistake to assume that all of this could be resolved by electing Democrats in the Fall. Both parties are the tools of the corporate dictatorship that rules over America. As long as money rules over politics the vast majority of Americans will see their standard of living continue to decline. We need a political revolution!

AddThis Social Bookmark Button