[lbo-talk] Donate to Wall Street protesters

Max Sawicky sawicky at verizon.net
Tue Sep 20 04:39:55 PDT 2011


Luv for Ron Paul is easily explained by his bracing attacks on imperialism.

But taking the Federal budget apart hardly qualifies as progressive redistribution. You're cutting income taxes, paid by the top half or the top quintile of the income distribution, and gutting entitlements that the poor and working class rely on for modest retirement incomes and health care. Obamacare may be a mess, but it still brings health insurance to 30 million people who otherwise wouldn't have it.

Whatever Obama does to SS/Medicare, which I will be totally against, it would be a long way from being "dismantled."



More information about the lbo-talk mailing list