Posted by
Rich from NW Indiana on Thursday, September 07, 2006 11:48:40 PM
One of the mistruths that the media likes to tell over and over is the state of the economy. The economy is better now then it was in the 1990's. During those Clinton years you never heard anything bad about it from the media folks. It was rise of the "computer age", the end of recessions was even thrown around in those years. Bill Clinton of course took all the credit for the good economy.
Course, most of us know that Clinton had very little to do with the good economy. Ronald Reagan economic policies were more likely to be responsible for the boom of the nineties. And that the Congress was Republican during most of Clinton years. Clinton couldn't do much to slow the economy until the end of his presidency. (the recession at the end was his gift to Al Gore, ha ha.)
You would think that the economy was bad if the only way you heard about it was the media. They manage to turn good news into bad in almost every story. Yeah, the unemployment rate is low now, but it sure to go up soon. The housing industry is going to collapse in the next month. Only it doesn't happen.
Of course, the cause of the good economy couldn't be the tax cuts. Thats the last thing that the media would ever admit. Never mind that it worked in the 1980's (and the 1990's). They didn't like it then and they don't like it now. They look even more foolish now since it now known to work. Back then they could dismiss it as unproven (at least unproven as done by a Republican).
Thats what gets me. Why is it that Republican ideas are never good? Why is it that to be "progressive" you have to be a "Democrat"? I guess it is another perfectly good word ruined by these folks. Sorry, getting off topic.
The Democrats don't think that the tax cuts work either. I guess thats the reason why the media thinks that too. There is a good article by
Larry Kudlow at National Review about this very subject. Its soak the rich all the way with these economic nitwits. Never mind that most of us work for rich folks, those are the people who create jobs. I work as a Realtor. Many Realtors make a lot of money (I don't, not yet anyway , since I am fairly new to the business). They pay alot of their hard earned money in taxes. Many successful ones hire other people to help them out. Wouldn't it make more sense to lower taxes so more of us could hire more people?
Wouldn't it be better for society, for me to employ someone, instead of me paying more in taxes to the government?
For me its a easy answer, but this is never the question that is asked by the media. Since it may benefit big business as well as small business it is no good. Never mind that small business now creates most of the new jobs in this country. I think that economic policy must put small business first.