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An Economics Lesson for Democrats
I'm sure AndyFox does of fine job of helping his company stay profitable. Also Cyrus is probably able to balance a checkbook (albeit with a little help from Quicken) and Pokerjo probably can keep track of his piggy bank on most sunny days. What they don't seem to understand is why lowering taxes is good for the people of this country as well as for our economy.
Taxes have been lowered across the board. The current defecit projection has been lowered by 60 billion dollars. Inflation is stable and low. The total number of employed Americans has been steadily increasing. Although the dollar is currently at a 9 year low against most currencies this does help exports and at the same time helps to curb imports without adding any pesky tarrifs. The Fed is carefully increasing interest rates at a pace designed to keep inflation in check while at the same time not slowing our economic growth (which as a byproduct will slowly increase the dollars' strength). If anyone can describe how the current economic climate can be described as anything less than spectacular considering the increased spending required to continue the fight against terrorism I'd love to hear their explanation. Jimbo PS: Now West, Gray and Christina will have no clue as to whether our country is doing well or not so any responses from them or other radical liberals are best left ignored. |
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