Privatizing Roads, Bridges, Schools and Energy Grids? Corporatism Pervades SOTU

From Alternet:

While the President pledged to reel in corporations, his grand plans for the U.S. proposed just the opposite.

By Laura Gottesdiener
February 13, 2013

The split screen during the state of the union last night was a nice touch. After all, what is more practical, more common sense–more bipartisan, perhaps–than charts? My favorite chart was the wages versus corporate profits over time. Those two jagged lines–one shooting sky high over the last decade, the other plummeting steadily over the last forty years–are worth a thousand words, as the saying goes. Throughout the State of the Union, President Obama railed against the reality the chart revealed.

Corporate profits have skyrocketed to all-time highs, but for more than a decade, wages and incomes have barely budged,” he boomed. “Today, a full-time worker making the minimum wage earns $14,500 a year. Even with the tax relief we’ve put in place, a family with two kids that earns the minimum wage still lives below the poverty line. That’s wrong.”

Wrong, indeed. But on the issue of income inequality, the President’s rhetoric was right across the board–that is, until he actually began unfurling his Grand Plans. That’s when the President’s typical double-speak kicked in.

He promised to curtail corporate profits, but his vision for a new, “high-tech” America seemed to entail turning everything from our highways to our public schools into corporate-owned, public-private partnerships.

Missed that part of the speech? Let’s take a closer look at his lofty language.

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