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By Ed Martin (about the author) Page 1 of 2 page(s)
For OpEdNews: Ed Martin - Writer By adhering to Republican ideals and principles, George Bush will leave an indelible legacy. By following his Republicanism to its inevitable conclusion, here's what he has accomplished. Some of the information here is from an article in Vanity Fair by Joseph E. Stiglitz. The tragedy of the Iraq war and its consequences. Coming up on 4000 US soldiers killed.
About a million innocent Iraqis killed.
An expected cost to exceed $2 trillion.
Torture at Abu Ghraib and Guantanamo.
The viewing of the US as a rogue nation by the world.
A tax code biased in favor of the rich.
A national debt that will probably have grown 70 percent by the time Bush leaves office.
A swelling cascade of mortgage defaults.
A record $850 billion trade deficit.
Oil prices at record highs. They tell us that supply and demand determines the price of oil, but even though the price has risen dramatically, there's been no shortage of supply. Strangely, I have no problem finding gas at exorbitant prices.
A dollar that has reversed its value in relation to the euro.
A budget surplus of 2.4 percent of GDP ($2.2 trillion) that Bush has turned into a 3.6 percent deficit, the greatest since World War II.
A $45 tax reduction for the bottom 20 percent and a $162,000 reduction for millionaires.
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