Posted by
Boston Biz on Friday, May 25, 2007 7:08:50 PM
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So, are we really as bad off as the Liberals want you believe. Maybe if Congress gave themselves another raise we could....well...anyway.
Let's discuss the last 6 years.
Myth Number 1: There are no jobs.
- A. Almost 8 million jobs have been created since August of 2003.
B. Real wages rose 1.7% in 2006.
C. The time it takes to find a job is down from 8.5 weeks to 7.3 weeks.
D. Workers filing for unemployment are down 20% since 2003.
- E. Job openings are reported at 4.2 million openings.
- Myth Number 2: We aren't getting paid enough.
A. Wages grew 1.7% over the last 12 months, which is faster than inflation is growing.
B. Real after-tax income has risen 9.7% since 2001.
Myth Number 3: Tax cuts go to the rich.
A. The government has doubled the child tax credit.
B. The government has reduced the marriage penalty.
C. The President's Tax Relief Enabled More Than 5 Million Taxpayers, Including 4 Million Taxpayers With Children, To Have Their Income Tax Liability Completely Eliminated In 2006.
D. The number one tell of a healthy economy is the housing market. The President's economy provide for the healthiest housing market in over 40 years. Over one year of continuous growth in the housing industry proves quite well that the economy has been great.
Necessary changes are in order in our government. The President and Congress have acted as fiscal Liberals in the disbursement of their own appropriations. Conservatives should have three obvious goals for the upcoming election in 2008, 2012, and 2016.
1. Reduce government size. (We will address this in my next blog.)
2. Reduce government spending.
3. Cut Taxes.
A given for conservatives, right? Maybe, but in the next three elections number one will be vitally important with decisions lasting decades.
Signed,
Boston Biz