Friday, December 05, 2003
Good Economic News
I realize that I haven't been blogging very much lately, and most of it has been negative. So, here's some good news about the recent soaring economic indicators in the U.S.
It's interesting that a 6% unemployment rate used to be considered full-employment, and yet Bush's critics are still managing to call this a "jobless recovery". Actually, just today it was announced that the rate for November is down to 5.9%.
The bottom line is that nobody can honestly say that the tax cuts did not help the economy.
We should have more tax cuts, and less government spending.
comment
It's interesting that a 6% unemployment rate used to be considered full-employment, and yet Bush's critics are still managing to call this a "jobless recovery". Actually, just today it was announced that the rate for November is down to 5.9%.
The bottom line is that nobody can honestly say that the tax cuts did not help the economy.
We should have more tax cuts, and less government spending.
comment
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