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Hightower Lowdown
"The corporations don't have to lobby the government anymore. They are the government."
January's Lowdown
Yes we can manage this country without the corporate priesthood--the cooperative movement shows us how
We're being told by today's High Priests of Conventional Wisdom that everyone and everything in our economic cosmos necessarily revolves around one dazzling star: the corporation. This heavenly institution, the HPCW explain, has such financial and political mass that it is the optimal force for organizing and directing our society's economic affairs, including the terms of employment and production.
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In This Issue
Bush's plan for authoritarian America (Part II)
Locking down democracy to keep america “free”
Also in this issue:
- Bush's big show in waco
- Rigging the system
- Usda gets a real clod
- Ceos just keep building
- Congress does it again
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Bush's big show in waco
Step right up, folks, for George W.’s one-of-a-kind, razzle-dazzle Economic Forum & Political Sideshow, featuring herds of GOP elephants, loads of fat cats, seven cabinet members, a flurry of flimflam, and lots and lots of clowns!
The Bushites said they convened their made-for-TV economic forum to convince Americans that the economy is not in bad shape—even though we all know it is. W himself declared: “The economic forum will strengthen our economy and make workers and investors more secure.” Feel all better now?
Bush cited a slight increase in worker productivity as evidence that his “economic plan” is working. But if you look more deeply into those numbers, you find that the uptick in output-per-worker came because corporations have been firing staff and cutting back on overtime, without reducing the workload of those who remain on the job. In short, folks are working harder for the same or less pay.
Beyond the political blah-blah-blah in Waco, wages are stagnant, hours are down, worker health-care costs are skyrocketing, 1.7 million jobs have been lost since Bush took office, and unemployment is rising. Bush’s circus can’t hide this kitchen-table reality.