later this week the House is on the verge of passing a $2.3 trillion budget with a $500 billion deficit, showing that it is impossible to finance three wars with three tax cuts. This budget repeats the same mistakes that have resulted in a jobless economy and a wage recession here in America, with the lowest growth in wages in a period of economic growth ever in American history. This budget continues the status quo economy, an administration that refuses to budge and change its failed policies that have led to nearly 3 million Americans unemployed since it has taken office, 43 million Americans who are working without health care, 4 additional million since they have taken office, 2 million Americans who moved from the middle class to poverty, nearly $1 trillion worth of corporate individual bankruptcies and stagnant wages. During the 2000 presidential campaign, President Bush declared that he opposed nation-building. Who knew it was America he was talking about. You would think if your results of your economic policies led to 3 or more million Americans without work, 43 million Americans without health insurance, $1 trillion dollars worth of foreclosed corporate assets, poverty rolls increasing, you would change direction. What are we about to do with this budget? Put our foot on the accelerator and do the same old thing that will result in the same policies.
Editor's note · Context
Criticizing the proposed budget and its implications for the economy and unemployment.
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