The jobs report came out this morning, it was terrible, rates have dropped in response, the market has rallied and I'm sure all the Dem's will be out accusing the administration of presiding over the worst economy in 275 years.
My question: other than people who are out of work and can't find a job, who cares?
Do you care? You? You? Would you rather have your mortgage rate at 12 % and everyone have a job? Would you like to be paying 75% of your income in taxes so the government could pretend to give jobs to people who would pretend to work? Would that make you feel better?
Let's face some facts. If we have 5% unemployment, that means we have 95% employed. A lot of those unemployed won't vote anyway. Interest rates are at 75 year lows. Housing has never been more affordable. Consumers are crowding the malls and can't get enough of cheap goods from china. Go out to dinner in any big city and see if every decent restaurant isn't filled every night. Japanese car sales are setting records, and people willingly pay the equivalent of a down payment on a nice house to buy overpriced german cars.
Bottom line, I don't see the Dem's getting mcuh traction on the economic issue, unless the Republicans panic and somehow give it credence. But it is crucial for Bush to take the no new taxes pledge. Let Kerry explain why high taxes are a good thing. The only Democrat who has been elected in the past 30 years lied through his teeth and promised a tax cut.
My question: other than people who are out of work and can't find a job, who cares?
Do you care? You? You? Would you rather have your mortgage rate at 12 % and everyone have a job? Would you like to be paying 75% of your income in taxes so the government could pretend to give jobs to people who would pretend to work? Would that make you feel better?
Let's face some facts. If we have 5% unemployment, that means we have 95% employed. A lot of those unemployed won't vote anyway. Interest rates are at 75 year lows. Housing has never been more affordable. Consumers are crowding the malls and can't get enough of cheap goods from china. Go out to dinner in any big city and see if every decent restaurant isn't filled every night. Japanese car sales are setting records, and people willingly pay the equivalent of a down payment on a nice house to buy overpriced german cars.
Bottom line, I don't see the Dem's getting mcuh traction on the economic issue, unless the Republicans panic and somehow give it credence. But it is crucial for Bush to take the no new taxes pledge. Let Kerry explain why high taxes are a good thing. The only Democrat who has been elected in the past 30 years lied through his teeth and promised a tax cut.
