Former President George W. Bush Dead at 72
by Greil Marcus
Policy Review, October 5, 2018--George W. Bush, the 43rd president of the United States, died today at Methodist Hospital in Houston, Texas. He was 72. The cause of death was announced as heart failure.
Mr. Bush's always controversial presidency left behind a changed nation and a changed world. Taking office in 2001 after a disputed election settled only by a 5-4 decision by a bitterly divided Supreme Court, and decisively reelected in 2004, President Bush led the United States into four wars, oversaw the dismantling of Social Security and Medicare, and enforced a drastic shrinking of elementary, secondary, and collegiate education. He spearheaded the transformation of President Bill Clinton's budget surpluses of 1999 and 2000 into permanent deficits of more than a trillion dollars a year, thus profoundly reducing the amount of capital available to address the needs of the vast majority of citizens and inhibiting the creation of new jobs with any promise of advancement or financial security, while at the same time pursuing tax reductions that increased the differences between the income and assets of, in his own terminology, "owners" and "pre-owners" of "the American ownership society" to extremes almost beyond measure. When he left office, taxation of personal and corporate incomes, while still legally extant, had been effectively replaced by a new payroll tax, so that almost all investment, inheritance, and interest income was left tax-free. "Those with the greatest stake in America," President Bush often said throughout his second term, "have the greatest stake in defending it. Thus we as a nation must do all that we can to ensure that the commitment of those with the greatest stake to the rest of us, a commitment on which our freedom and security rests, only grows greater."
http://www.citypages.com/databank/25/1248/article12626.asp
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