Sunday, September 23, 2012

We Are No Better Off

Opinion/Editorial




   The question is are we better off as a nation as the United States Of America? This was the question posed this morning in the lead OPED in this mornings New York Times.It is entitled "The Better Economic Question."
   It begins "Democrats have been nervous about the inevitable election-year question, “Are you better off than you were four years ago?” Gov. Martin O’Malley of Maryland even stumbled over it a few days ago, saying “no,” before quickly blaming President George W. Bush.There is really no reason for any hesitancy. The country is unquestionably better off than it was in 2008. The economy has added 4.5 million private-sector jobs since January 2010; even if you subtract the vast job losses in the early months of President Obama’s term, before his policies went into effect, the country is still ahead by 332,000 private-sector jobs.
That level of job growth is close to the recovery following the 1990s recession, and it is actually stronger than after the early-2000s recession. But it doesn’t feel strong because the original hole was so deep and so many people are still suffering: 12.8 million remain unemployed.The contradiction between the plain facts of the data and the tepid feel of the recovery suggests that the recession created a more important question than the simplistic “are you better off?” Voters should ask themselves — and their leaders — how to keep this and future generations better off. How to prevent future recessions. How to design a tax code that promotes fairness and reduces inequality. How to make sure a safety net is in place for those who inevitably need more help."
   I wonder what the NYT has been smoking over the last four years.To be honest we are no better off because of the crap filled stimulus spending and Obamacare.I see that the hard left is stilling blaming Bush.
Where the NYT got their numbers about Obama's handling of the economy God only knows BS numbers no doubt.
  All we had over the last 6 years including Bush's TARP spending is more Government in our lives.There doesnot need to be a new tax code look to the Constitution.
  Here is an answer from the NYT "And when the question is phrased like that — looking forward rather than backward — it becomes obvious that the Republicans’ answer is inadequate."
  Neither is the grass any greener with the Democrats in charge as we saw from 08-10.
  Once again as I have posted before I am in no way going to defend Mitt Romney as well he is a bigger fraud than Obama
  

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