Comunidades pobres y de clase trabajadora, ya azotadas por los cesos y reducciones dehoras de trabajo que resultan de la recesión económica, están a punto de sufrir aun mas como los gobiernos estatales y municipales empiezan a cortar los servicios de salud, escuelas y gobierno local, cosas necesarias para nuestras familias.
The Bush administration’s plans for war in Iraq pose a big risk to the economy. While the government claims the cost of the war will be about $50 billion, economist William Nordhaus of Yale University estimates that it could cost as much as $2 trillion, when including the costs of the war, an occupation of Iraq, and higher oil prices. This is more than one and half times as big as the entire federal government spending this year, and would lead to huge cuts in social services and other programs, as well as a massive increase in the federal deficit.
Poor and working class communities, already hit hard by layoffs and shorter work hours from the recession, are about feel more pain as state and local governments cut health care, education, and other social services that our families need.