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.
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