Corruption/slang version of "Bourgeoisie" from the 1930's/40's era, most commonly heard in Populist, Socialist, and Union talk.
See Wikipedia for more on "Bourgeoisie"
The common pronunciation of Bourgeoisie" as
" boo - zhwah" should be self-explanatory for this.
"Bushwa" was a 'bridge word' for many people in those times, it could mean "Bourgeoisie" or "Bullshit" or both at the same time
This tax bill is Bushwa.
Don't give me any more of your Bushwa.
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