A Piece of Cake and a Bottle of Wine
August 7, 2003
The Democrats have been outed as the party of wolves. In the compassionate Liberal tradition, they are most comfortable preying on little girls in red hoods and grandmothers. But you have to give the Liberals credit for learning how to tell the big lie and telling it often enough, “This president is driving the American economy over a cliff, and it's working families who are falling over the edge.” Please note the new Liberal fetish for “working families” as opposed to “taxpaying families” who the Democrats pushed over the cliff decades ago.
The Tass News Agency of the Democratic Party, aka the New York Times, never misses a chance to warn the American public that the President is, “squandering a thriving economy left for him by President Clinton to pursue policies that benefit wealthy Americans.” Apparently all those Liberals at the Times feel so much guilt from their West Side digs they fail to mention that being wealthy in the Liberal world equates to paying taxes. Congratulations all of you gilded children who make $27,684 or more per year who pay all the taxes.
Clinton’s economic policies, just like his national security policies, were the manipulated bastards of a self-serving “kick the can down the road” approach to leadership. It’s more than coincidental that Federal Reserve Chairman Alan Greenspan did not institute the first of long overdue Federal Funds rate increases until June of 1999...a few months after the Senate acquitted Clinton of his impeachment charges. Thank God, for Clinton, that Greenspan actually lowered the rate in the middle of the impeachment controversy...after his 1996 cautioning that, “...irrational exuberance has unduly escalated asset values....” Maybe Greenspan took his cue from the mid-impeachment aspirin factory bombing.
Or, a cue can be taken from the USA TODAY article, “Sluggish Economy Takes Toll on Government Jobs”...”Financially strapped state governments have been shedding workers for months, putting more drag on an already dismal job market.”
If state governments are financially strapped, you couldn’t prove it by the growth in their budgets. At a time when the U.S. private sector is economizing, state governments continued to grow at 3 to 6 times the rate of inflation. Good thing their budgets are more patronage wish lists than reality. “Cutbacks” in the government readily translate to 4% increases rather than 8% increases. They never actually shrink!
And that “dismal” job market is an illusion of those trying to blame Bush for phantom problems. Unemployment is currently at 6.2%...down from its recent high of 6.4%. It was higher than this for almost the first two years of the Clinton presidency. The historical rate of normal unemployment is 6%. So, it must be assumed that Liberals just don’t like anything that is prefaced with the word “normal”.
Of course, USA TODAY notes that, “...government job losses pale in comparison with the 2.6 million manufacturing jobs that have disappeared since July 2000.” What USA TODAY fails to mention is that almost half of those lost manufacturing jobs are the casualties of NAFTA (North American Free Trade Agreement) which was instituted in 1994...another of the Clinton administration’s benefits to the working family. The remainder of those lost jobs can be attributed to the costs of government regulation, China and our other Asian “allies” who, like Mexico, free their manufacturing sectors from the burdensome costs of environmental, minimum wage, health care or child labor regulations.
Clinton’s legacy to prosperity can be seen in the numbers. The NASDAQ rose to a record high of 5048.62 during the Clinton years. On January 19, 2001, Clinton’s last day of frolic in the Oval Office, the NASDAQ, well on its way to the bottom of the cliff, closed at 2511.71....a prosperity inspiring decline of 50 ¼ %. In the post 9-11 world of October 9, 2002, the NASDAQ hit a low of 1114.11. As a result of Bush “driving the American economy over a cliff”, the NASDAQ closed up 48.34% from its 10/09/02 low. The meaning of “up” is “up”.
When the American Tass News Agencies report that, “In Connecticut, 2800 government workers have been laid off since December”, they fail to report the undermining of the taxpayer by the Liberal Fifth Column...Organized Labor. In Connecticut, where the press is liberally blind, it is never reported that organized labor personally threatened legislators with ballot box revenge if they did not vote to increase taxes. You won’t see any Liberals pushing union bosses off the cliff.
In California, “Powerful labor unions threatened retribution Tuesday against any Democrat who challenges Gov. Gray Davis on the recall ballot and prepared to spend millions of dollars for the embattled governor.” Once again circumventing the prostitution laws, almost-ex-governor Davis has turned another trick for the special interests.
It’s always refreshing to know that the compassionate Liberals and their union handlers are willing to prey on little girls in red hoods and grandmothers to achieve their self-serving ends. Why do the “tax and keep taxing” Liberals want the taxpayer’s piece of cake and bottle of wine? “The better to eat you with!” And...the phantom “Bush Economy” is just one more lie in their journey to better hug you and get your entire paycheck into their big mouths.
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