Thursday, June 05, 2003

The Enronization Of Public Policy
ARIANNA ONLINE

Has there ever been a clearer, more irrefutable example of our political leaders' lack of a moral compass than the clandestine, eleventh-hour elimination of a promised child tax credit for almost 12 million of America's poorest children?

It's a move that is so cold-hearted and so profoundly dishonorable that it could only have been made by people who have lost all moral direction.

A magnetic compass should always point north; a moral compass should always point out what is moral -- and immoral. Heaping billions on the rich while ensuring that one out of six American kids doesn’t get a penny is dead wrong.

But that's exactly what Congressional Republicans did -- and what President Bush signed off on.

This is not a right/left issue. It's a right/wrong issue. But the GOP's self-appointed morality czars have been deafeningly silent on this bit of economic indecency. I guess Bill Bennett was too busy shaking the hands of every one-armed bandit in Vegas to notice.

Adding to the obscenity is the fact that while the Congressional hatchet men were hacking up the $3.5 billion child tax credit in the name of keeping the total tax cut under $350 billion, they let stand billions in corporate tax dodges and accounting cons, including the use of offshore tax havens.

The White House labeled this particular piece of supply-side porn the Jobs and Growth Act. I guess the Leave No Corporate Loophole Behind Act didn't focus group as well.

-continued-
..............................................................................

BadGimp

0 Comments:

Post a Comment

<< Home