[Winona Online Democracy]
Did you mistype this Mr Bothun or did I just read it too fast?
"I agree with you that the GDP growth of the last 24 quarters was the result of
tax policy, not divine intervention"
You seem to be contradicting yourself in your efforts to rebolster your
premise."
No I didn't mistype. There is just no measure of the economy that makes the
last six years look good. I know you love that 4% unemployment number. I'd be
happy to explain why it doesn't mean what you think it means but for now just
ponder the fact that the rate of new job creation has lagged the increase in
the workforce cause solely by population growth in 16 of Bush's 24 quarters and
I think you'll see that there's clearly something awry with that statistic.
I think our poorly thought out tax policy is at least part of the problem. Tax
cuts, along with the offsetting spending costs "may" have been a good thing for
the economy, at least in the short term (We can argue that another time).
Those tax cuts WITHOUT the spending cuts have created a TREMENDOUS drag on the
economy in the form of a widening trade gap and a declining value of the
dollar. The tax policy of the current administration is a disaster by any
measure, liberal or conservative. And you can't keep pouring all the blame on
9-11 or Clinton.
We're coming up on six years past 9-11 and seven years after Clinton. Most
historians would put the end of the Great Depression somewhere around 1938,
about five years after Roosevelt took office. Certainly the Great Depression
and Herbert Hoover were bigger challenges to overcome that was the Clinton
administration. The postwar era I provided GDP statistics for began in 1947,
less than five years after Pearl Harbor. Pearl Harbor and WWII must have been
challenges at least equal to 9-11 and Iraq.
You don't have to have a blind hate for this administration to miss seeing its
accomplishments, there just haven't been any to see.
Bryon
Bryon,
You dint need to explain anything to me, I appreciate the attempt at
condescension none the less, what you are failing to address here is that the
tax cuts were enacted in order to stimulate the economy....which, after the
economic disaster which was 9-11 ( which could have been prevented by Clinton
in the 8 yrs he was in of ice) was JOB #1. Now you want tax cuts WITH spending
cuts? I imagine you would like some increased social program funding with that
as well...
I realize, like most Liberals, you wont embrace a 4% unemployment rate as
real or a positive statistic because they aren't all $100,000 /yr jobs. I cant
argue that logic. I can tell you this however, if you have the desire to be
employed and feed your family in the USA, it is much easier to do than it was 6
years ago. If a Democrat or Liberal could by any stretch lay claim to an iota
of responsibility of the unemployment rate, you can bet it would be touted on
the front page of the New York Times on a daily basis.
Here is another good indicator for the common man like myself...How are my
retirement investments since 9-11? Hmmmm.....well, I guess I can thank Kucinich
or Hillary or Ted Kennedy for this because they are doing well and have been
for almost 4 yrs..Hmmm...Yeah... I must be an atypical investor..I'm probably
the only one doing well in this horrible economy...it must be because Bush and
Cheney know that I am a conservative so they shine fortune down upon me right?
In closing, I simply dont agree with you ON any level of this debate, and
believe that if the #'s were the exact same and Gore was in office since 2000
we would be agreeing that the economy was improving for the better. You havent
convinced me and your logic doesnt hold water with me. I am sure you will want
the last word on this debate so, out of respect for that wish, I wont be
replying to your rebuttal.
Regards
c.e. woodford
p.s. Will you pick a side for the tax cuts? I'm confused because your thought
seems to change from email to email. First they were bad, then they worked, now
in this one I see they were bad again....pick a side.
---------------------------------
Bored stiff? Loosen up...
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