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Saturday, June 9, 2012

A Politics for the 99 Percent | The Nation

An excellent column by Katrina vanden Heuvel and Robert L. Borosage. I've reformatted an excerpt to make it more readable: 

"No one should discount the potential destructiveness of a victory for Mitt Romney. ... A Romney victory could be accompanied by GOP control of all branches of government, with the party’s right-wing majority in the House driving the agenda. ... 

"The 'stuff' they would pass—already endorsed by Romney—includes:
* repeal of the modest reforms enacted to police corporations after the Enron scandal and banks after the financial collapse;
* repeal of healthcare reform, stripping some 30 million people of coverage;
* budget cuts that would gut almost all domestic functions of the government, from education to child nutrition to safeguarding clean air and water;
* and an end to Medicare and Medicaid as we know them.

"These draconian measures would be used to pay for increases in military spending and tax cuts for corporations and the wealthy. Under the Romney plan, those making over $1 million a year would receive an average tax break of $250,000.

"A Romney victory would buoy a Republican right eager to roll back social progress, constrict voting rights and exacerbate racial divides in an era of middle-class decline. The offensive against labor and workers’ rights would escalate.

"And Romney’s bellicose foreign policy would make George W. Bush look dovish. If Romney wins, we will spend four years fighting to limit the damage he will inflict on the nation."

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