In June 2003, Bill Moyers said that “Karl Rove has modeled the Bush
presidency on that of William Mckinley (1897-1901) and modeled himself on
Mark Hanna, the man who virtually manufactured McKinley. Mark Hanna saw to
it that Washington was ruled by business, railroads, and public utility
corporations.” President Bush's tax cuts have given over 93% of their
benefits to large corporations and well-to-do households with over 250,000
dollars of annual income (about 10% of the U.S. households). Moreover,
President Bush's tax cuts are abolishing taxes on such asset-based income
as stock dividends and capital gains.
Via 0xDECAFBAD,
President George Bush and the Gilded Age
Seems like I'm not the only one to see parallels between McKinley and Bush. And according to
William Straus and
Neil Howe it was the Lost Generation of the Gilded Age that helped
America pull out of its corporate death sprial (or something like that).
Just more proof to me that we don't really study history here in the US and we're worse off because of it.
You have my permission to link freely to any entry here. Go
ahead, I won't bite. I promise.
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