Skip to comments.What If We Threw an Economic Boom and Nobody Noticed?
Posted on 10/20/2006 1:52:56 AM PDT by xtinct
Dow tops 12,000; tax cuts spark 6.6 million new jobs
Let's imagine a conversation between two political experts that might have taken place three months ago. One is a strong conservative, the other an equally strong liberal. All of the statistics and other facts mentioned below are, in fact, real.
Liberal: Look, we both know that the economy isnt working for you guys right now. After all, a gallon of gas costs $3 and is likely to stay in the stratosphere for awhile. That hits Americans right where it hurts the mostin their pocketbooks. And have you seen that daily update on the price of gas on the front pages? Every morning voters see the price inch up and get angry all over again. Politically, thats like watching your heartbeat flatline.
(Excerpt) Read more at humanevents.com ...
Don't worry. The minute a Rat is in the White House the Economy will be BOOMING. Even if the Dow heads South, unemployment explodes and and gas is rationed.
The MSM MINISTRY OF TRUTH will ensure that is the message......
Business leaders are ecstatic that Liberal media is ignoring the economic boom.
Because workers think the sky is falling, there are few strikes, wages are steady, inflation is tamed.
Yet employment rates are at record highs, tax revenues are flooding the treasury, cries of obscene corporate profits are seldom heard.
Business PROFITS KEEP ROLLING IN, and the market is responding gloriously.
"It's the economy - stupendous!" should be the rallying cry of Republicans.
Most people base their assessments about the economy on how things are affecting them personally.
Record low 4.6% unemployment combined with record low interest rates and record low inflation!
Effects that even Lib morons cannot ignore.
Which can vary greatly depending on one's grasp of personal finance.
And the old adage is....people vote their pocketbook.
....but you won't hear THAT on msm.
everyone is missing the big story.....screw the economy...the lowest unemployment in 40 years....the falling gas prices...the dow at a record high....inflation in check....more home ownership than at any time in the history of the US....
the only story is foley!!!!!!
at least that is the way the lib/dem msm tells it!!!!
No, it would then be portrayed as the worst economy since Jesus threw the money changers out of the Temple in Jerusalem... and it will all be the fault of Bush's horrible "Tax Cuts for the Rich" and *his* war in Iraq.
Remember, everything is always Bush's fault.
Wednesday, October 18, 2006
(Many thanks to my friend Dan Clifton over at the American Shareholders Association for painting such a clear economic picture here...)
None of these tax cuts is affordable. None of them creates jobs, and they are not fair. All of them do damage to our long-term economic growth and contribute to the national deficit. -House Minority Leader Nancy Pelosi (D-CA); May 09, 2003
Fact: 6.6 Million New Jobs
Fact: Unemployment Rate Drops From 6.3 Percent to 4.6 Percent
Fact: Unemployment Rate Dropping Faster Than CBO Expected
Fact: GDP Soars Following Tax Cut
Fact: Total Household Net Worth Has Increased by $14.4 Trillion Since the Tax Cut
Fact: The Deficit Has Declined $208 Billion Since April 2004 and $60 Billion Since the Tax Cut Was Signed Into Law
Ladies and gentlemen, it is still the greatest story never told...
For more GOTO: http://kudlowsmoneypolitics.blogspot.com/2006/10/pelosi-nomics.html
Record low inflation ?
Are you sure ?
For most of my life it has run 10 to 25%. You must not have been old enough to remember hell under catah.
Homelessness and hunger will disappear in every corner of this nation, until the next Republican president is sworn in.
I watched a debate last night between Kay Bailey Hutchison, a woman Democrat, and a Libertarian. The Democrat flat out said that we Republicans knew the economy was a mess and that we were losing jobs right and left (paraphrasing, of course). She blatantly declared the opposite of the facts was the truth.
All the questioners were liberal news folks who asked their questions in an editorial fashion with their lead ins.
We all know the MSM is the Department of Disinformation for the Dems.
Truth be known, I have made a KILLING in the stock market in part BECAUSE Libs have convinced the masses that the economy is a mess, and that wage and price increases are out of the question, and out-sourcing to even lower wage countries, and the slashing of dead-weight employees from corporate payrolls, is understandable and acceptable.
With simultaneous record lows for inflation, interest rates and unemployement, corporate profits and tax revenues are soaring, and the stock market is anticipating even better times.
Thanks, Libs, you freakin' morons, for making me even richer!
I'm shocked that the left's template of "it's the economy, stupid" is only used at their convenience.
It's the Economy - Stupendous!
Very weird. I was in Europe last week and I read in a NY Times equivalent Spanish paper that Americans hate George Bush because of the disastrous economy that has virtually left people homeless and in bread lines in the street. Seriously.
I don't know where they're getting this garbage; well, I do know that, I guess, but I don't see how they can continue to assert such craziness in the face of observable reality.
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