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Comprehensive Immigration Reform: the danger of E-Verify

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May 16, 2013   BORDC   Everify

Over the next several weeks, the Senate Judiciary Committee will consider Comprehensive Immigration Reform (S744), which would include a mandatory E-Verify system.  E-Verify is an internet-based program accessed by employers when processing new hires.  It compares information from an Employee’s Eligibility Verification Form I-9 to data from U.S. government records.  The potential for E-Verify to become compulsory is quite controversial for several reasons – namely its disregard for personal privacy, the unnecessary obstacles it imposes to employment, and the fundamental change that it would signify in the relationship between U.S. government and U.S. citizen.

While allegedly created to target undocumented individuals, E-Verify would negatively affect documented U.S. citizens as well.  Every job applicant would have to face an E-Verify background check, and unless the system is 100% accurate 100% of the time, these background checks will become a nightmare.  Chris Calabrese, Senior Legislative Counsel with the American Civil Liberties Union explains:

When you make a giant list of everybody who’s able to work in the United States, that list has to be completely accurate, because if there are mistakes in it, the result is those mistakes – those mistaken people can’t work.

These citizens will be required to petition the government to correct the mistake, creating a bureaucratic nightmare that will likely stall their job hunting process by weeks (if not longer).  Calabrese calls this the “prove yourself to work” system that will hurt ordinary citizens.  This signifies a fundamental shift in relationship between government and populace – no longer are we innocent until proven guilty. We are now guilty until proven worthy of a job.  Gone will be the days of applying for a job, waiting on a quick background check, and becoming employed – now all citizens will have to wait for I-9s to be verified against a massive list of personal information housed by the government.

Beyond undue obstacles to employment lies an even more frightening truth about E-Verify: the invasion of privacy.  Shahid Buttar wrote in a previous article that Comprehensive Immigration Reform would likely become a Trojan Horse for larger government surveillance, and E-Verify is just one manifestation of that government surveillance.  Involving the government in something as routine as application for employment unnecessarily involves political bureaucracy in one’s personal life.  More disconcerting, though, is the fact that so much personal information would be available from a single database – a dream for identity thieves.

E-Verify is but one example of how the new programs proposed in Comprehensive Immigration Reform would affect all U.S. citizens, not merely a small percentage of undocumented individuals.  Like Next Generation Initiative (NGI), which would track individuals from city to city, scan not just fingerprints but irises and scars to help track and identify individuals, E-Verify signifies a broadening state of surveillance.  In an article about NGI’s expansion of biometric databases, Alternet wrote, “Advancements in the collection of biometric data are double-edged: there’s the treat of a massive government surveillance infrastructure working too well – e.g., surveillance state – and there are concerns about its weaknesses, especially in keeping data secure.”  The same can be said for E-Verify; it would likely be the gateway to a growing surveillance state, and the information stored within E-Verify would be susceptible to hacking.   While this country is in dire need of Comprehensive Immigration Reform, we must be wary of “enforcement-first” immigration policies like NGI and E-Verify, which will only infringe on the rights of American citizens.

Hope: its infinite value and why it changes you from the inside out

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Maybe this all seems self-evident to me because I worked with the CETA program in 1974 etc and saw many who had convinced themselves that sitting on the corner was what they wanted to do, instead sign up for subsidized training for real jobs that had a future. (Most had to sit on a waiting list for 6 months, then show up daily for another 6 months of training before job placement. And they did it.)

Too many programs were designed to fail, but CETA wasn’t one of them! Neither sentimentality nor mercilessness give people what they need, but those are the postures most often adopted by pundits. Ivan Illich  wrote that the means to end poverty were known by the middle of the 19th century, but that Capitalism chose to continue a profitable system powered by human misery.

I’m not suggesting that the answer is some great communist muddle without a range of outcomes. What I am saying is that endemic poverty with a crust of plutocrats is an artificial condition manufactured and maintained by a class of parasites, who just happen to run both of our political parties.

 

The Economist  May 12th 2012   Hope springs a trap

An absence of optimism plays a large role in keeping people trapped in poverty

THE idea that an infusion of hope can make a big difference to the lives of wretchedly poor people sounds like something dreamed up by a well-meaning activist or a tub-thumping politician. Yet this was the central thrust of a lecture at Harvard University on May 3rd by Esther Duflo, an economist at the Massachusetts Institute of Technology known for her data-driven analysis of poverty. Ms Duflo argued that the effects of some anti-poverty programmes go beyond the direct impact of the resources they provide. These programmes also make it possible for the very poor to hope for more than mere survival.

She and her colleagues evaluated a programme in the Indian state of West Bengal, where Bandhan, an Indian microfinance institution, worked with people who lived in extreme penury. They were reckoned to be unable to handle the demands of repaying a loan. Instead, Bandhan gave each of them a small productive asset—a cow, a couple of goats or some chickens. It also provided a small stipend to reduce the temptation to eat or sell the asset immediately, as well as weekly training sessions to teach them how to tend to animals and manage their households. Bandhan hoped that there would be a small increase in income from selling the products of the farm animals provided, and that people would become more adept at managing their own finances.

The results were far more dramatic. Well after the financial help and hand-holding had stopped, the families of those who had been randomly chosen for the Bandhan programme were eating 15% more, earning 20% more each month and skipping fewer meals than people in a comparison group. They were also saving a lot. The effects were so large and persistent that they could not be attributed to the direct effects of the grants: people could not have sold enough milk, eggs or meat to explain the income gains. Nor were they simply selling the assets (although some did).

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Turley: 10 Reasons The U.S. Is No Longer The Land Of The Free

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Ron Paul is the only Presidential candidate in recent memory to speak up for freedom and the Constitution. Below Turley lists the incredible and increasing powers of the Executive to ignore the Bill of Rights, due process and the rule of law. These Stasi-like and draconian powers will not go unused.

Meanwhile we have two political parties united in their support of Corporate domination and citizen submission. Clearly only those who bow to these powers are (usually) allowed to run.

Jonathan Turley   January 15, 2012

Below is today’s column in the Sunday Washington Post.  The column addresses how the continued rollbacks on civil liberties in the United States conflicts with the view of the country as the land of the free.  If we are going to adopt Chinese legal principles, we should at least have the integrity to adopt one Chinese proverb: “The beginning of wisdom is to call things by their right names.”  We seem as a country to be in denial as to the implications of these laws and policies.  Whether we are viewed as a free country with authoritarian inclinations or an authoritarian nation with free aspirations (or some other hybrid definition), we are clearly not what we once were.

Every year, the State Department issues reports on individual rights in other countries, monitoring the passage of restrictive laws and regulations around the world. Iran, for example, has been criticized for denying fair public trials and limiting privacy, while Russia has been taken to task for undermining due process. Other countries have been condemned for the use of secret evidence and torture.

Even as we pass judgment on countries we consider unfree, Americans remain confident that any definition of a free nation must include their own — the land of free. Yet, the laws and practices of the land should shake that confidence. In the decade since Sept. 11, 2001, this country has comprehensively reduced civil liberties in the name of an expanded security state. The most recent example of this was the National Defense Authorization Act, signed Dec. 31, which allows for the indefinite detention of citizens. At what point does the reduction of individual rights in our country change how we define ourselves?

While each new national security power Washington has embraced was controversial when enacted, they are often discussed in isolation. But they don’t operate in isolation. They form a mosaic of powers under which our country could be considered, at least in part, authoritarian. Americans often proclaim our nation as a symbol of freedom to the world while dismissing nations such as Cuba and China as categorically unfree. Yet, objectively, we may be only half right. Those countries do lack basic individual rights such as due process, placing them outside any reasonable definition of “free,” but the United States now has much more in common with such regimes than anyone may like to admit.

These countries also have constitutions that purport to guarantee freedoms and rights. But their governments have broad discretion in denying those rights and few real avenues for challenges by citizens — precisely the problem with the new laws in this country.

The list of powers acquired by the U.S. government since 9/11 puts us in rather troubling company……..read entire article

Written by laudyms

January 16, 2012 at 7:57 am

Jeffrey Sachs on the American Corporate State

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The Economist   Nov 12, 2011          

Homeward bound

How to turn America around

The Price of Civilisation: Reawakening American Virtue and Prosperity. By Jeffrey Sachs. Random House; 336 pages; $27. Published in Britain as “The Price of Civilisation: Economics and Ethics after the Fall”. Bodley Head; £20. Buy from Amazon.com, Amazon.co.uk

JEFFREY SACHS is an American economist best known for his prescriptions for economically diseased poor countries. The country he now considers most in need of his diagnostic gifts is his own. “Something has gone terribly wrong in the US economy, politics, and society in general,” Mr Sachs writes in “The Price of Civilisation”. American politicians are the stooges of corporations, he says. And American voters have been tranquillised into obesity by saturation advertising.

Such sentiments would appear unremarkable if spouted by an Occupy Wall Street protester. But Mr Sachs, a professor at Columbia University, is a respected, mainstream macroeconomist. Mr Sachs catalogues the familiar problems that beset the American economy: unemployment stuck at 9%, an exploding budget deficit, America ceding technological leadership to China, poorly educated American children.

But this is not principally a work of economics. Mr Sachs blames America’s problems on politics. In the 1960s, southerners began to desert the Democratic Party and Republicans began to build an insurmountable congressional barrier to more activist government, which Mr Sachs deeply regrets. He despises Barack Obama’s Democratic Party almost as much as he does Ronald Reagan’s Republicans: “On many days it seems that the only difference between the Republicans and Democrats is that Big Oil owns the Republicans while Wall Street owns the Democrats.” He is particularly scathing of the “revolving door” between Mr Obama’s administration and Wall Street.

The convergence between the parties, says Mr Sachs, has led to policies that systematically favour capital over labour, keep tax rates low on footloose multinational corporations and starve government programmes that benefit the poor and the unemployed. This, he claims, flies in the face of popular will: he cites polls that find the majority of Americans favour more activist government and higher taxes on the rich.

Mr Sachs’s analysis can be doctrinaire and one-dimensional, but it is almost always grounded in solid economics. Capital, he argues, has prospered more than labour during the era of globalisation. And America’s per head GDP is inflated by spending on an inefficient health-care system and the armed forces. Mr Sachs’s prescriptions are also admirably precise: the federal government should spend an additional 0.5% of GDP on worker training and the same again on early-childhood development; the top tax rate should be raised to 39.6%, which, neatly enough, he says, would raise the equivalent of 0.5% of GDP……….

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Surrendercapitulationsell-outscamstampedemanagedsubmissionWeimarmoment

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Welcome to the end of a great democratic experiment.

Krugman Calls Obama’s ‘Surrender’ a ‘Catastrophe on Multiple Levels’ — Here’s one way to feel worse about the debt ceiling deal announced by the president Sunday night: Read Paul Krugman’s column. The Nobel Prize-winning economist is about as harsh in his assessment of the deal as can be, saying it “will take America a long way down the road to banana-republic status.”

Rasmus: The $1 Trillion Debt Deal  Today’s Boehner-Reid final agreement effectively drops explicit cuts in Defense, another Republican position all along.

ROBERT BOROSAGE:    Capitulation

President Obama’s surrender
By Andrew Leonard
A bad weekend for the White House: The Tea Party wins, Democrats lose, and the carnage will be even worse next year

Democratic politics in a nutshell
By Glenn Greenwald
Report: Dems don’t worry about angry liberals — they’ll just scare them into submission with pictures of Bachmann

Arthur Silber:  The Priorities of the Damned

I’ll use a blunt and, I fervently hope, unsettling comparison. All of these repellent people have decided to rape “ordinary” Americans until they’re dead. They’re only debating who gets to rape them next. And what these human slugs know but will never acknowledge, and what they hope you won’t notice, is that they can’t even get it up anymore.

A Bad Solution to a Manufactured Crisis

It goes to show just how dysfunctional our government has become to ordinary Americans. Despite the fact that millions of us are still out of work because of the greed and excess of the last thirty years and resulting crashed economy, politicians cannot focus on real problems.

Top Economist: Deficit Deal ‘Will Do Great Harm to Our Nation’

Obama & the Fake Debt Ceiling Crisis: This President Is Really Just Smarter Than You Are

But what if President Barack Obama never intended to fight for jobs or justice? What if he believes the nonsense about Wall Street being “job creators” instead of economic vampires? What if Cornel West finally got it right? What if Black Agenda Report has been right all along? What if Barack Obama is a Reagan Democrat in every meaningful way, right down to a fanatical belief in trickle down economics? What if the president counts on corporate media and his army of careerists and sycophants to shut down and cover up cracks in the Obama consensus through which reality might leak? What if Obama is not weak, or timid, or vacillating or waiting for us to “make him do it”? What if what we’ve seen is all there is, all there ever was? The truth is that Barack Obama’s actions are entirely rational, understandable and even predictable if you suppose him to have been a vicious, vacuous and cynical right wing operative from the very beginning.

Why the Debt Ceiling Deal Strengthens the Radical Right and Weakens America

By Robert Reich   The deal’s spending cuts increase the odds of a double-dip recession and strengthens the political hand of the radical right.

RICHARD ESKOW
Four Ways the Deal Hurts You
“1. You’ll be less likely to find a job if you’re looking. If you’ve got a job, you’re less likely to earn more

money–and more likely to lose it … 2. Your housing value is likely to suffer … 3. Your old age just got scarier …

4. Your tax bill is likely to go way up.”

Debt Ceiling Bill May Hurt Science

Senator Bernie Sanders interview about the debt debacle:

Over Bernie’s strong opposition, Congress approved and President Obama signed a deficit-reduction deal that slashes programs for working families without asking the wealthiest Americans and the most profitable corporations to pay a nickel more. “This country needs deficit reduction, but we need to do it in a way that is fair and which will result in economic growth and job creation.  This proposal does neither,” the senator said. In a Senate speech and a flurry of television interviews, Bernie called the deal  “extremely unfair,” “immoral” and “grotesque.”

Written by laudyms

August 1, 2011 at 5:16 pm

Inconvenient Truths About The Debt Ceiling: None of US debt has been repaid for 51 years

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“Not one penny of US debt has been repaid for 51 years: the last time US government funded debt actually decreased on a year-over-year basis was 1960″

Zero Hedge    by Tyler Durden on 07/10/2011

Bill Buckler presents an amusing compendium of facts, let us call them inconvenient truths, in the latest edition of his newsletter, some of which would make for entertaining anecdotes if presented at the Biden “deficit cutting” talks, which also, and very paradoxically, aim to cut US debt by increasing it.

  • Not one penny of US debt has been repaid for 51 years: the last time US government funded debt actually decreased on a year-over-year basis was 1960
  • 97% of today’s funded debt has been accumulated since August 1971 – the end of the Bretton Woods era by Nixon, and the terminal delinking of all fiat currencies from any and all hard assets, ushered in the era of modern-day hyper-debt insolvency
  • Obama projects 2.5% Fed Funds rate in budget calculations through 2020. Average Fed Funds rate since 1980: 5.7%; Since 2008: 0.00%, If average 5.7% rate was used, projected US deficit would increase by another $4.9 trillion by 2020
  • Obama projects 4.2% growth rate over next 3 years. If a normal growth rate of 2.5% is used, deficits would increase by another $4 trillion by 2020
  • The US government borrows 40-50 cents for every dollar it spends. A balanced budget would mean cutting government spending in half.
  • Implementing a balanced budget would not reduce current debt outstanding. It would merely stop it from growing.
  • Over the past three fiscal years US debt grew by over $1.5 trillion per year: this is more than three times the record annual debt increase in any previous year in US history
  • Last night deficit reduction targets were cut from $4 trillion to $2 trillion over the next decade, in exchange for a $2.4 trillion debt ceiling hike, which will last the Treasury until the next presidential election. Said otherwise, the Treasury needs to fund a $2.4 trillion hold over the next 15 months. Over a decade this come to $20 trillion: ten times more than the proposed deficit reduction.

And the most inconvenient truth of all:

The Global Financial Crisis (GFC) is said to have been precipitated by the Lehman failure in 2008 which froze inter-bank lending on a global basis and almost brought down the system. It is said to have been prevented by a massive and global increase in new money creation. In reality, had economic nature been left alone to take its course, there is a good chance that the world would be fast emerging from its financial black hole by now. At a minimum, most of the malinvestments would have been discounted to the point where they would no longer act as a dead weight on future savings and investment.

Economic “miracles” (so-called) have happened before. The US emerged from a deep recession in 1920-21 because the government and the central bank did NOT interfere. Germany emerged from the actual physical rubble of WW II for exactly the same reason. So, to a lesser extent, did Japan. In all these cases, debts which could not be repaid were not held on life support by central banks, they were written off. In all these cases, creditors took very severe “haircuts” indeed while many debtors literally had to start again from scratch. In all these cases, the LACK of government impediments or government largesse meant that a recovery took place in a much shorter time frame than would otherwise have been the case.

Economic distortions today are HUGELY bigger than they were then. That means that the recession will be deeper and the recovery phase possibly longer. But until it is allowed to begin, there is no way out.

None of the above will be noted anywhere by the great diversionary media spin machine over the next two weeks, since July 22 is the date by which Congress says it needs to pass the debt ceiling legislation so it can get it to Obama’s desk for his signature by August 2.

See also:

Why QE2 Failed: The Money All Went Overseas:

On June 30, QE2 ended with a whimper. The Fed’s second round of “quantitative easing” involved $600 billion created with a computer keystroke for the purchase of long-term government bonds. But the government never actually got the money, which went straight into the reserve accounts of banks, where it still sits today.

 

France Becomes First Nation To Ban Fracking

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by Gina-Marie Cheeseman  July 6, 2011           Care2 

France became the first nation to ban the use of hydraulic fracturing, or fracking in drilling for natural gas and oil on June 30 when French senators voted to ban the practice. Oil and gas companies operating in France with fracking permits will have them revoked according to the legislation passed by a 176 to 151 vote. The bill passed the National Assembly on June 21.

“We are at the end of a legislative marathon that stirred emotion from lawmakers and the public,” French Environment Minister Nathalie Kosciusko-Morizet said late yesterday before the vote. Hydraulic fracturing will be illegal and parliament would have to vote for a new law to allow research using the technique, she said.

France’s fracking ban comes at the same time that the New Jersey State Senate voted to ban the practice, which contaminates drinking water.  For a bit of more good news, North Carolina’s Governor Bev Perdue vetoed a state senate bill that would have allowed fracking in the state.

Jane Preyer, North Carolina’s director of the Environmental Defense Fund praised the veto in North Carolina. “The veto sends a clear signal to legislators that rolling back regulations that protect the state’s environment is not a viable business plan for economic recovery or the well being of North Carolina’s families,” she said.  “The veto sends the strong message that North Carolina puts out the welcome map to industries that both create good jobs and respect our natural resources. Hats off to Governor Perdue for the veto.”

Unfortunately, it looks like New York State Governor Andrew Cuomo is poised to lift the ban on fracking, the International Business Times (IBT) reports. The state issued new guidelines for fracking that will prohibit fracking in state parks and in the New York City and Syracuse watersheds.

New York State Assemblywoman Barbara Lifton, an opponent of fracking, said, “If hydrofracking is not safe in the New York City watershed it’s not safe in any watershed,” Lifton said. “There’s a tacit admission on the part of the Department of Environmental Conservation (DEC) that it is not safe and yet it is being allowed.”

Richard Heinberg: the end of growth, and the natural gas controversy

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Post Carbon Institute                June, 2011

Last weekend, the New York Times published a series of articles that — through leaks from EIA officials and natural gas industry insiders — corroborated the findings of our landmark report, Will Natural Gas Fuel America in the 21st Century?: Don’t believe the hype about plentiful U.S. natural gas supplies.

Of course, the controversy over natural gas is far from over, and PCI continues to provide energy realism and literacy to the debate. This week, PCI Fellow David Hughes published an analysis of two contradictory studies assessing the greenhouse gas emissions of shale gas vs. coal. The conclusion? Shale gas is worse for the climate over a 30-50 year timeframe.

From hot air to deflating (economic) balloons… We were blown away to receive nearly 600 orders in the span of 12 hours for Senior Fellow Richard Heinberg’s newest book, The End of Growth: Adapting to Our New Economic Reality. In the video above, Richard Heinberg, author of “The Party’s Over” and leading peak oil educator, talks about the future of our ‘growth’ society.

The New Politics of Food Scarcity

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Veteran world watcher Lester Brown sounds dire warning of spreading political unrest, conflicts, and deepening division between rich and poor as food prices soar and supply falls further and further behind rising demand, but does not point to obvious solution  Dr. Mae-Wan Ho

June 14, 2011                    The Institute of Science in Society

 

Soaring food prices and political unrest

Soaring food prices were a major trigger for the riots that has destabilized North Africa and the Middle East beginning December 2010 in Tunisia. Political unrest has since engulfed Algeria, Egypt, Jordon, Libya, Syria, Yemen, and spread to Burkina Faso, Niger, Nigeria, Cameroon, Uganda, and beyond [1-4]. Latin America is said to be at risk [5], and even Britain, if food prices continue to rise [6]. The UN Food Price Index has been hovering above 231 points since the start of 2011, and hit its all-time high of 238 points in February. The May 2011 average was 232 points, 37 percent higher than a year ago [7].

Richard Ferguson, global head of agriculture at Renaissance Capital, an investment bank specializing in emerging markets, told The Guardian newspaper in the UK [1] that the problems were likely to spread. “Food prices are absolutely core to a lot of these disturbances. If you are 25 years old, with no access to education, no income and live in a politically repressed environment, you are going to be pretty angry when the price of food goes up the way it is.” It acted “as a catalyst” for political unrest, when added to other ills such as a lack of democracy.

“Scarcity is the new norm”

Food has quickly become the hidden driver of world politics [8], says Lester Brown, venerated veteran world-watcher, who also predicts that crises like these are going to become increasingly common. “Scarcity is the new norm.”

Historically, price spikes tended to be almost exclusively due to bad weather such as monsoon failure, drought, heat wave, etc., but today, they are driven by trends of both increasing demand and decreasing ability to supply. With a rapidly expanding global population demanding to be fed, crop-withering temperatures and exhausted aquifers are making it difficult to increase production. Moreover, the world is losing its ability to soften the blow of shortages. USA, the world’s largest grain producer, was able to rescue shortages with its grain surpluses in the past, or bring idle croplands into cultivation. “We can’t do that anymore; the safety cushion is gone.”

That’s why “the food crisis of 2011 is for real”, Brown warns, and why it may bring yet more bread riots and political revolutions. Tunisia, Egypt, Libya, may not be the end, but the beginning.

Brown does not mention the huge speculation on agricultural commodities in the world financial markets that not only drives up prices but increases volatility, making it much more difficult for farmers and consumers to cope (see [9] Financing World Hunger, SiS 46). Olivier de Shutter, the United Nations special rapporteur on the right to food, has referred to the 2007-2008 crisis as a “price-crisis” not a “food-crisis”, precipitated by speculation and not linked to insufficient food being produced, at least not yet, as Brown elaborates.

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Ten Years of the Bush Tax Cuts Benefiting the Rich

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June 6, 2011  OurFuture.org   

On June 7, 2001, President George W. Bush signed into law the Economic Growth and Tax Relief Reconciliation Act, the first of two “Bush tax cuts.” That measure reduced the top income tax rate from 39.6 percent to 35 percent, and reduced capital gains and estate taxes. In the 10 years since the first Bush tax cut went into effect:

The richest Americans received the most benefit from the Bush tax cuts.

  • $520,000: The average tax cut received by the top 0.1 percent of Americans, those making more than $3 million a year. That is over 450 times the tax cut received by an average middle-class family.
  • The middle 20 percent of wage earners (making between $40,000 and $70,000) received less than 11 percent of the total Bush -era tax cuts.
  • The bottom 20 percent (making less than $20,000) received only a 1 percent share of the Bush tax cuts; 75 percent of  these low-income families saw no tax benefit at all.
  • The average middle-class family received one-eighth of the tax breaks that a family in the top 20 percent of income earners received while the average working-class family reaped less than one-hundredth of the average tax cut received by a family in the top fifth of earnings.

Source: Economic Policy Institute

The middle class has fallen behind as wealth has been transferred to those at the very top.

  • The top one percent of the population enjoyed 65 percent of the income growth between 2002 and 2007.
  • Median household income in 2009, $49,777, was 5 percent below what it was in 2009, adjusted for inflation.
  • By contrast, the nation’s top 400 taxpayers reported an average adjusted income of $108 million in 2008, 56 percent higher in real terms than in 2009.
  • In 2000, 11.3 percent of the population was in poverty. By 2009, that percentage had increased to 14.3 percent.
  • In 2000, 33.7 percent of the population earned less than $35,000 a year (in 1999 dollars). In 2009, that percentage was up to 36 percent.

Source: U.S. Census Bureau; Internal Revenue Service, Emmanuel Saez, “Striking It Richer: The Evolution of Top Incomes in the United States”

The Bush tax cuts did not create a jobs bonanza for middle-class workers.

  • Job growth between 2000 and 2007 was the weakest in any business cycle since the 1950s; job growth was only one-third of the rate seen between 1989 and 2000.
  • One in three manufacturing jobs has been lost (from 17.3 million to 12 million) between 2000 and 2008; one in four goods-producing jobs have been lost (from 24.6 million to 18.9 million), and 900,000 construction jobs have been lost since 2001.
  • 8 million: The number of jobs lost during the recession that started in 2008.
  • Three years is the minimum time it is projected to take to gain back the jobs lost in the recession, if the economy grows at a rate of 300,000 new jobs added a month.

Source: Bureau of Labor Statistics, Economic Policy Institute

The Bush tax cuts is at the root of today’s deficit problem.

  • The surplus in the fiscal 2001 federal budget was $127 billion. The 2010 budget had a budget deficit of $1.3 trillion. The long-term national debt more than doubled from $5.6 trillion in 2000 to  $13.6 trillion in 2010, mostly under Bush’s watch.
  • Federal tax receipts in 2010 were 14.9 percent of gross domestic product . In 2000 it was as high as 20 percent.

Source: Department of the Treasury, usgovernmentrevenue.com

Corporations have escaped paying their fair share as a result of the Bush tax cuts and other tax policies.

  • Twelve top corporations paid no taxes or actually received money from the IRS between 2008 and 2010. The list includes Boeing, Verizon, Dupont, Yahoo, IBM, Wells Fargo, American Electric Power, Exxon Mobil, FedEx, General Electric, Honeywell International, and United Technologies.
  • $62.4 billion was reaped in subsidies by these twelve companies over the three-year period, even as they paid no taxes on $171 billion in profits.

Source: Citizens for Tax Justice

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