The Corner

More

From another reader:

Well my liberal friends have already begun to spin the numbers. They cite a 10.9% unemployment level for people ages 18-24. For one, I can’t seem to verify that number, and two, that’s an awful narrow age margin to cite. It’s like saying the unemployment level for people ages 2.5-2.6 is 100%. The bottom line, when the economy is sluggish (when is the US economy in really bad shape? It hasn’t been in “bad” since the Carter years) the dems love to cite GDP data, but when the GDP data looks good, they turn to other stats to back up their assertions. And when all the economic data looks good, they’ll rely on deficit numbers (which is a legit concern for this admin, but should be remedied with spending cuts). Furthermore, as any good supply-sider knows, if the economy is moving along at an annual rate of 3.3+% growth, the tax revenue brought in this year should help with the deficit problem (though we should still cut spending). So all the dems have left to hope for is that Americans die in Iraq and that Iraqis are unable to establish some form of stable government to replace the Baathist regime. I’d be pretty depressed if I was a dem.

Recommended

The Latest