Bush's Former Teacher Speaks Out

From Yoshi Tsurumi (Professor of International Business, Baruch College, the City University of New York ):

"Something really strange has happened to the U.S. under the Bush Administration. With her ever bulging budget deficits and foreign debts, America's skewed income distribution is rapidly making the U.S. resemble Argentina or Mexico. The 'Jobless Recovery' is not a political mirage, but a serious problem. America's GDP is increasing at an annual rate of about 4.0% this year. But, only those Wall Street 'money gamers' and self-dealing 'management aristocrats' of Corporate America are dizzy with their huge bonuses, padded salaries, and self-dealt stock options. The remaining hard working Americans cannot eat 'GDP.' The U.S. has widening income gap between a few 'haves' and many 'have-nots.'

... At Harvard Business School, thirty years ago, George Bush was a student of mine. I still vividly remember him. In my class, he declared that "people are poor because they are lazy." He was opposed to labor unions, social security, environmental protection, Medicare, and public schools. To him, the antitrust watch dog, the Federal Trade Commission, and the Securities Exchange Commission were unnecessary hindrances to "free market competition." To him, Franklin Roosevelt's New Deal was "socialism." ... President Bush and his brain, Karl Rove, are leading a radical revolution of destroying all the democratic political, social, judiciary, and economic institutions that both Democrats and moderate Republicans had built together since Roosevelt's New Deal."