Friday, February 24, 2006

Dallas Morning News Reports that Incomes Decrease

When Republicans and Bush tell us that the economy is striving, are they just talking about the Anderson Ranch crowd? The Dallas Morning News reported that according to the Feds, average incomes, after adjusting for inflation, decreased a drop of 2.3 percent in 2004, when compared to 2001 data. During the Clinton years, average incomes soared by 17.3 percent. It also reports that the gap between the very wealthy and other income groups widened from 2001 to 2004. I guess that is why Bush and Republicans want to give the rich more tax breaks while sending jobs of average Americans off shore. When Americans in the middle and bottom groups realize what Republicans and the Bush crowd are doing to their livelihood, maybe they will start voting based on issues that really affect them. And if they say security against terrorists, selling out our ports to a country with ties to 9/11 is hardly a decision from a Republican government concerned with our safety.

2 comments:

Bradley Bowen said...

I completely agree with you, Jo. Poorer Americans have been voting Republican thinking that the Bush administration, et al, represent their values when it comes to social issues. I'm thinking that they will wake up one day and realize that their livelihoods are more important than Sally getting an abortion or Paul and John wanting to get married.

texas toad said...

Jo, this is the one issue the Republican echo machine can't spin. No amount of cheerleading can change the balance in the bank account. And if you consider the trend by corporations to drop healthcare and pensions, even upper middle class households are feeling tremendous financial uncertainty. If Americans truly do vote with their wallets, this next election will be very interesting.