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Poverty in America: Bigger than ever and rapidly spreading. The flood of poor people in this Land of Plenty is being swollen by turbulent economic waters sweeping millions of Americans downstream from the middle class. This is our nation's true economic crisis. Unlike the manufactured "fiscal cliff" hysteria that continues to consume Washington politicos and pundits, the present pace of poverty really is dragging down our economy and our nation's potential for greatness.
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With his aw-shucks charisma and no-nonsense attitude, he dishes out what's wrong with the eroding...
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"I make a lot of money these days speaking to corporations, so I'd really prefer not to admit how...
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Let's Cut The Budget
Jim Hightower, getting serious thumb-bruises by thumbing through the federal budget, trying to see if there aren't some more things we can cut, rather than raise working people's taxes.
How about this one? It's a payout to George Steinbrenner -- the shipbuilding mogul and boss of the New York Yankees. To settle a contract claim, Congress is giving $58 million to George -- which is 20-MILLION MORE THAN HE ASKED FOR, and which the Navy says he's not even owed. But it seems a couple of key committee chairs got nice campaign checks from George and . . . well, next thing you know -- Shazaam! -- $58 million moved from our pockets to his. Shall we cut George? Yeah.
And do we need this? Tucked inside the defense department's massive budget is $6 million for next year's World Cup soccer games. Hmmm. Spies? Exploding soccer balls for the Iraqi team? Let's cut this too, OK?
And Sen. Bob Dole's favorite charity: $127 million to Campbell Soup, and other food giants to advertise their products in foreign lands. I bet these very-profitable firms could pay for their own foreign ads, don't you? Let's let 'em.
These tricks are everywhere in the budget. 58-million here, 127-million there . . . and pretty soon you're talking real money. Your money and mine.
This is Jim Hightower saying . . . I know commonsense is a total stranger to Congress, so let's speak to them slowly and plainly: Do not raise our taxes a single dime, until you've cut out all of this other stuff.
Sources:
National Tax Payers Union - Publications
Capital Ideas - May 1993
Dollars & Sense - May 1993