Showing posts with label reaganomics. Show all posts
Showing posts with label reaganomics. Show all posts
Thursday, October 16, 2008
Monday, May 7, 2007
what sarkozy brings:
A whopping record 86% of French voters went to the polls today to give an unambiguous victory to the autocratic, demagogic, hard-right nationalist Sarkozy, who campaigned on promises of a "rupture" with France's mixed economy and its welfare state, one of the most extensive in Europe.
(...) The crowd in the hall where Sarkozy declared victory after the polls closed repeatedly sang the national anthem, La Marseillaise -- with its famous xenophobic refrain, "Marchons, marchons! Qu'un sang impur abreuve nos sillons!" (Translation: Let us march, let us march, May impure blood soak the furrows of our fields.) And Sarkozy's campaign was marked by incessant appeals to racism and the fear of immigrants, symbolized by his adoption of a slogan used by the neo-fascist leader Jean-Marie Le Pen, "France, love it or leave it," and by his proposal for a new "Ministry of Immigration and National Identity," which was widely criticized by the left and by anti-racist groups for amalgamating the two concepts and suggesting a fundamental opposition between the two.
(...) That lurch to the right five years ago by a significant portion of formerly left voters was confirmed by today's vote, in which more than two-thirds of former Le Pen voters -- many of them from the one-time Communist-dominated working class suburbs -- went for Sarkozy, according to the exit polls.
(...) But in reality, what Sarkozy's victory means for France is something closer to the so-called "Reagan Revolution" in the U.S. that began in 1981 the process of dismantling and destroying the institutional New Deal legacy of Franklin D. Roosevelt. Chirac was a Gaullist, and the political heritage of General Charles De Gaulle, who led France from 1958 to 1969, included a vigorously statist approach to the economy and defense of a wide series of social protection and social safety-net measures that had been instituted by the left's Popular Front government in the mid-1930s, and which were renewed and extended by post-war governments dominated by the political activists of the Resistance movement to Nazi occupation, who had a conception of government as a guarantor of economic security for all. Sarkozy is of a new generation than Chirac and, ideologically, not a Gaullist -- but rather in phase with the "Chicago school" of economics led by Milton Friedman, which believes in minimal government, a slimmed-down state that interferes as little as possible in the economy, an aggressively laissez-faire approach that is dear to the economic barons of the MEDEF, the French business leaders' association, whose tycoons were solidly behind Sarkozy's candidacy. Sarkozy has already promised to, in effect, abolish the ISF (the tax on large fortunes), accord more tax breaks to big business and the upper-middle-classes, and make more cuts in the state-run national health system (declared by a U.N. survey to be the finest in the world in terms of delivery of health services and quality of care.) Sarkozy's economic program is designed to help the already-privileged classes retain and extend their socio-economic position, to the detriment of the have-nots (the massive pro-Sarkozy vote in the upper-income neighborhoods today confirms that they understood Sarko's message to them.) And he has promised a major down-sizing of the civil service employed by state agencies.
(...) Life for the have-nots will become even more difficult under Sarkozy's hard-right, anti-immigrant, law-and-order society. He has announced "zero tolerance" for illegal immigration, has deported tens of thousands of immigrants during his two terms as Interior Minister and split up immigrant families while making it tougher for them to become French citizens. He has proposed strict minimum sentences for all sorts of crimes, thus removing all discretion from French judges, and France's already-crowded prisons will soon be overflowing with expanded, and younger, populations. French prisons, like ours, are training institutes for criminals, and by sending ever-larger numbers of young people to them for petty offenses Sarkozy will, in fact, be manufacturing new generations of hardened voyous (thugs in French.)
(...) And, in a major campaign speech just days before the election, Sarkozy surprisingly devoted 20 minutes of his discourse to a violent denunciation of the May 1968 student-worker revolt (Sarko was only 14 at the time of that rebellion.). The heritage of May ';68, Sarko thundered, must be "liquidated." He blamed it for a generalized attitude of "laxisme," for France's having become a country "in which work has no value, in which people think they can do anything they feel like doing, in which people are lazy," and on and on. May '68 was, of course, the fountain of social ferment that led to the sexual revolution, to women's liberation and the legalization of abortion, the gay liberation movement and the eventual repeal of laws criminalizing homosexuality, and a whole series of cultural changes that opened up a stuffy, arteriosclerotic French society. But May '68 was also a general strike by 11 million French workers that gained union recognition in many factories, higher wages, and that won a reinforcement of the social safety net in an agreement (negotiated on behalf of then-President Georges Pompidou by a young Jacques Chirac) that became known as "les accords de la rue de Grenelle" (the agreement of Grenelle Street). What was unstated in Sarko's anti-May '68 speech was that all that sort of thing, too, must be "liquidated."
A whopping record 86% of French voters went to the polls today to give an unambiguous victory to the autocratic, demagogic, hard-right nationalist Sarkozy, who campaigned on promises of a "rupture" with France's mixed economy and its welfare state, one of the most extensive in Europe.
(...) The crowd in the hall where Sarkozy declared victory after the polls closed repeatedly sang the national anthem, La Marseillaise -- with its famous xenophobic refrain, "Marchons, marchons! Qu'un sang impur abreuve nos sillons!" (Translation: Let us march, let us march, May impure blood soak the furrows of our fields.) And Sarkozy's campaign was marked by incessant appeals to racism and the fear of immigrants, symbolized by his adoption of a slogan used by the neo-fascist leader Jean-Marie Le Pen, "France, love it or leave it," and by his proposal for a new "Ministry of Immigration and National Identity," which was widely criticized by the left and by anti-racist groups for amalgamating the two concepts and suggesting a fundamental opposition between the two.
(...) That lurch to the right five years ago by a significant portion of formerly left voters was confirmed by today's vote, in which more than two-thirds of former Le Pen voters -- many of them from the one-time Communist-dominated working class suburbs -- went for Sarkozy, according to the exit polls.
(...) But in reality, what Sarkozy's victory means for France is something closer to the so-called "Reagan Revolution" in the U.S. that began in 1981 the process of dismantling and destroying the institutional New Deal legacy of Franklin D. Roosevelt. Chirac was a Gaullist, and the political heritage of General Charles De Gaulle, who led France from 1958 to 1969, included a vigorously statist approach to the economy and defense of a wide series of social protection and social safety-net measures that had been instituted by the left's Popular Front government in the mid-1930s, and which were renewed and extended by post-war governments dominated by the political activists of the Resistance movement to Nazi occupation, who had a conception of government as a guarantor of economic security for all. Sarkozy is of a new generation than Chirac and, ideologically, not a Gaullist -- but rather in phase with the "Chicago school" of economics led by Milton Friedman, which believes in minimal government, a slimmed-down state that interferes as little as possible in the economy, an aggressively laissez-faire approach that is dear to the economic barons of the MEDEF, the French business leaders' association, whose tycoons were solidly behind Sarkozy's candidacy. Sarkozy has already promised to, in effect, abolish the ISF (the tax on large fortunes), accord more tax breaks to big business and the upper-middle-classes, and make more cuts in the state-run national health system (declared by a U.N. survey to be the finest in the world in terms of delivery of health services and quality of care.) Sarkozy's economic program is designed to help the already-privileged classes retain and extend their socio-economic position, to the detriment of the have-nots (the massive pro-Sarkozy vote in the upper-income neighborhoods today confirms that they understood Sarko's message to them.) And he has promised a major down-sizing of the civil service employed by state agencies.
(...) Life for the have-nots will become even more difficult under Sarkozy's hard-right, anti-immigrant, law-and-order society. He has announced "zero tolerance" for illegal immigration, has deported tens of thousands of immigrants during his two terms as Interior Minister and split up immigrant families while making it tougher for them to become French citizens. He has proposed strict minimum sentences for all sorts of crimes, thus removing all discretion from French judges, and France's already-crowded prisons will soon be overflowing with expanded, and younger, populations. French prisons, like ours, are training institutes for criminals, and by sending ever-larger numbers of young people to them for petty offenses Sarkozy will, in fact, be manufacturing new generations of hardened voyous (thugs in French.)
(...) And, in a major campaign speech just days before the election, Sarkozy surprisingly devoted 20 minutes of his discourse to a violent denunciation of the May 1968 student-worker revolt (Sarko was only 14 at the time of that rebellion.). The heritage of May ';68, Sarko thundered, must be "liquidated." He blamed it for a generalized attitude of "laxisme," for France's having become a country "in which work has no value, in which people think they can do anything they feel like doing, in which people are lazy," and on and on. May '68 was, of course, the fountain of social ferment that led to the sexual revolution, to women's liberation and the legalization of abortion, the gay liberation movement and the eventual repeal of laws criminalizing homosexuality, and a whole series of cultural changes that opened up a stuffy, arteriosclerotic French society. But May '68 was also a general strike by 11 million French workers that gained union recognition in many factories, higher wages, and that won a reinforcement of the social safety net in an agreement (negotiated on behalf of then-President Georges Pompidou by a young Jacques Chirac) that became known as "les accords de la rue de Grenelle" (the agreement of Grenelle Street). What was unstated in Sarko's anti-May '68 speech was that all that sort of thing, too, must be "liquidated."
Saturday, April 28, 2007
more on trickle-down:
The folks that put words and ideas into the mouth of Ronald Reagan in the economic insanity of the 1980s cut the top tax bracket from 70% down to 50% and then down to 28%. How well I remember Reagan’s budget director David Stockman telling American workers that the tax cuts would stimulate the American economy and benefit the workers.
(...) Cold war profits soared, but the number of people below the poverty level increased from (31.8 million) to (39.3 million) according to the Statistical Abstract of the United States. The federal budget deficit grew from $74,000 million in 1980 to $221,000 million in 1986 and what was called the greatest collapse of U.S. financial institutions since the 1930s left the working poor devastated and facing foreclosures on their homes.
(...) From 1986 to 1989, 296 savings and loan institutions with total assets of $125 billion were forced to close and many workers realizing the American dream of home ownership for the first time lost their homes.
(...) Henry Wallace, vice President under FDR and Presidential candidate then, said back in 1948 "War preparations create record profits for big business, but only false prosperity for the people—their purchasing power shrinks as prices rise, their needs go unfilled, and they are burdened with new debts." He was right then, as Harry Truman prepared for the war In Korea and became the worst trickle down labor president in history, and Wallace would be right today.
(...) Thousands of holocaust survivors living in Israel live in shameful poverty, as Trickle down is a stanchion of Israel’s economy. Some 80,000 of the 260,000 Holocaust survivors in Israel are living under the poverty line, according to the Holocaust Survivors' Welfare Fund.
(...) War profits do not trickle down they land on the workers drip by drip, but inflation keeps them at the faucet trying to survive. Those of us who call ourselves "peace people" do what we can issue by issue.
The folks that put words and ideas into the mouth of Ronald Reagan in the economic insanity of the 1980s cut the top tax bracket from 70% down to 50% and then down to 28%. How well I remember Reagan’s budget director David Stockman telling American workers that the tax cuts would stimulate the American economy and benefit the workers.
(...) Cold war profits soared, but the number of people below the poverty level increased from (31.8 million) to (39.3 million) according to the Statistical Abstract of the United States. The federal budget deficit grew from $74,000 million in 1980 to $221,000 million in 1986 and what was called the greatest collapse of U.S. financial institutions since the 1930s left the working poor devastated and facing foreclosures on their homes.
(...) From 1986 to 1989, 296 savings and loan institutions with total assets of $125 billion were forced to close and many workers realizing the American dream of home ownership for the first time lost their homes.
(...) Henry Wallace, vice President under FDR and Presidential candidate then, said back in 1948 "War preparations create record profits for big business, but only false prosperity for the people—their purchasing power shrinks as prices rise, their needs go unfilled, and they are burdened with new debts." He was right then, as Harry Truman prepared for the war In Korea and became the worst trickle down labor president in history, and Wallace would be right today.
(...) Thousands of holocaust survivors living in Israel live in shameful poverty, as Trickle down is a stanchion of Israel’s economy. Some 80,000 of the 260,000 Holocaust survivors in Israel are living under the poverty line, according to the Holocaust Survivors' Welfare Fund.
(...) War profits do not trickle down they land on the workers drip by drip, but inflation keeps them at the faucet trying to survive. Those of us who call ourselves "peace people" do what we can issue by issue.
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