Saturday, July 08, 2006

Another Administration Failure

As you probably recognized a long time ago, the administration's most important policy--far more important than its hard-right social agenda, or even the "war on terror" is to build up the wealth and power of those who already have wealth and power. Mindless tax-cutting has been one of the most important tools in this effort.

Well, guess what: They are failing at this, too. As The New York Times reports, "An unexpectedly steep rise in tax revenues from corporations and the wealthy is driving down the projected budget deficit this year, even though spending has climbed sharply because of the war in Iraq and the cost of hurricane relief." Actually collecting taxes from rich people and corporations? What's going on here?

Not only that, but rising government revenues will make it harder to keep money out of the hands of those who could benefit from social programs.

These guys can't do anything right.

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