tag:blogger.com,1999:blog-7918376239701854010.post5129799709023713179..comments2024-01-18T01:51:10.582-05:00Comments on American Taíno: Is the rightwing Wagging the Dog by fanning immigration hysteria?Anonymoushttp://www.blogger.com/profile/06449454505022085892noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7918376239701854010.post-56291786776675386352007-06-19T18:05:00.000-05:002007-06-19T18:05:00.000-05:00Absurdly, during the Bush years, it is entirely po...Absurdly, during the Bush years, it is entirely possible that the economy has been increasingly “better,” even as 70% of Americans experience it as worse post September 11th. This seems a counterintuitive paradox; however, when one considers the issue of measuring the economy’s “improvement,” the paradox disappears. How economists and the republicans measure the economy has everything to do with how they frame the success of trickle down economics. After all, if you consider only the increasing GDP, the over-all creation of wealth, the increasing value trust funds, the bonuses of the CEOs of companies, the improving stock market, and the increasing numbers of new million and billionaires – there has been clearly the economy has improved in terms such as these.<BR/><BR/>And yet, at the very same time, social inequality is on the rise: The concentration of wealth and the concentration of poverty create a situation, in an expanding economy, in which an increasing population proportion is excluded from the economy’s “growth” and “improvement.” The “haves” have more of what is growing, and the “have-nots” are increasingly having less of it. Moreover, the middle class is shrinking; a small number of its members are radically improving their standard of living, while the majority of its members experience deteriorations in income, healthcare, access to education, and other socio-economic resources. <BR/><BR/>Economists and politicians are notorious for abusing selecting only those true statistics that reinforce the reality they want others to buy into. Scrutinizing their facts is an imperative if one wishes to COMPREHENSIVELY understand the totality of their assertions. <BR/><BR/><BR/><BR/> I would suggest reading an article in the New York times recently penned by one of my college Professors, Dr. Richard Alba. Here is the link:<BR/><BR/> <BR/><BR/>> http://www.latimes.com/news/opinion/commentary/la-oe-alba19jun19,0,5842224.story?coll=la-news-comment-opinions<BR/>><BR/>> Visit latimes.com at http://www.latimes.com<BR/><BR/><BR/>-Savatore Labaro, Albany, New York. <BR/><BR/>www.myspace.com/salvatore_labaroAnonymousnoreply@blogger.com