The White House announced their new budget plan and it lays out exactly how The New Economy works. In case you don’t understand economics or are not an accountant, here is How The New Economy Works For Dummies:
Companies pay less taxes, but continue to get great subsidies from the government. This is great because companies can have better profit margins and hopefully hire more people. On the other hand, employee wages in comparison to CEO salaries have been stagnant and there seems to be a sense that businesses do not need to share the wealth with most of their employees, just their executives.
Government continues to shrink domestic programs, because we all know that citizens should not expect anything from their government. Killing job programs, education, and unneeded services forces people to become more self-sufficient. If you can’t afford your prescription drugs, too bad, maybe you should have taken better care of yourself. If you can’t read, too bad, No-Child-Left-Behind will surely fail you and whatever school system got stuck with you. And of course, if a big giant force of nature comes down and destroys your property, too bad, don’t expect FEMA to come to your rescue. See all this makes you self-sufficient.
The New Economy is all about dumbing down Americans and bankrupting the nation.