With Bad Economy, More People Working
by Big Dog on Nov 3, 2006 at 13:26 Political
The Democratic campaign ads contain it. The talking points contain it and the promises from Democrats, should they take power, contain it. The it are references to a bad economy. We are bombarded with news that this is a bad economy, we are in a terrible way and that Bush has led us to economic disaster. I have to give credit to the donks, they can tell a lie in the face of irrefutable evidence and keep a straight face.
The Stock Market is strong and above 12,000 and people are spending more money. The tax cuts have stimulated the economy and the treasury is taking in record amounts of money in tax revenue. Oil companies are posting 1 billion dollar profits which means they are paying 40 or 50 billion dollars in taxes. An now, the economy is so poor that more people are working. That is right, the unemployment figures for October show unemployment at a five and a half year low. This means more people are working and paying taxes into the government while fewer are receiving pay outs from the government.
The unemployment rate fell in October to 4.4 percent from 4.6 percent in September. It was the lowest jobless rate since 4.3 percent in May 2001. al-Reuters
Damn that George Bush and the Republican Party! They keep screwing up the economy, just ask the Democrats.
Tags: Political
We are all going to die of global warming unless we elect Al Bore….
really….