allvoices Dan's thoughts: economic interests

Wednesday, November 24, 2004

economic interests

Economic Interests
By Daniel G. Jennings
One of the mantras of the Bush haters on the left is that working and middle class people “voted against their economic interests” by voting for George W. Bush.
Did they? Only if you believed that John Kerry was working in the economic interests of the working and middle class but is he? Or was he going to as President.
Not if you examine Kerry’s record in the Senate. He was a staunch supporter of free trade and the outsourcing of jobs. Kerry spent several years campaigning to get Vietnam opened up to American trade. The media hailed this as a brave conciliatory move on the part of a war veteran but it should be noted that companies controlled by Kerry’s relatives in Boston have profited handsomely from low cost labor in Vietnam.
Then there’s Kerry’s fiscal policies as a member of the Senate Kerry has voted constantly for the balanced budget. He has worked constantly to reduce the budget deficit. A move that helps people with interest based investments like bonds but not necessarily average people. Kerry has also worked constantly for tax increases to pay for budget reduction. In other words Kerry would sacrifice the needs of average people on the altar of fiscal responsibility.
Kerry’s answer to the outsourcing of jobs is also questionable. It was simply to give tax breaks to large corporations that don’t move their headquarters overseas. In other words, corporate welfare as an answer to outsourcing. How this would work I don’t know but note Kerry wasn’t going to give tax breaks to companies that keep jobs here. Only ones that keep their executive offices here. Wait a minute.
Finally there was the all important issue of overtime, overtime makes up a big part of a lot of Americans’ income. Yet the Bush administration wants to get rid of it under the guise of reform. Kerry didn’t come out and campaign on this issue. He didn’t mention it or promise to restore it. Instead he simply ignored it and ranted and raved about the imaginary evils of the draft and social security privatization.
So guess what leftists, those who voted for Kerry weren’t voting against their economic interests. They saw clearly that Kerry didn’t care for their economic interests any more than Bush did. So they voted for the man whose values were closer to their own.

0 Comments:

Post a Comment

<< Home