Warning This blog was actaully routed through Japan and is now in violation of "out sourcing". My time was used abroad and that is just not fair for all other Americans. I should have to pay double taxes, so I don't cheat that average American.
So the job numbers are out today: 308, 000 jobs added. They also revised last month from 75,000 to 208,000. The funny thing is that the unemployment numbers grew form 5.6% to 5.7%. I wondered why and i found an answer. It is becuase there is a definition of the word of unemployed at USDL. They define it as someone who is out of work, but is looking for work. Last months more people got off there butt and started looking.
Also manufacturing is at a 16 year high.We have grown for the past 28 months without any halt.
There is talk of making it illegal to "out source". What the hell? I will admit that 1.3 million jobs have been lost to "out sourcing", but 6 million jobs are "in sourced". So aren't we better off? If a company is being taxed too much, can you blame them for wanting to move their company?
So lets cut through the poop. We got out of the mildest recession in November of 2001 since the mid 70's. It wasn't that bad. Unemployment peaked at 6.3 percent in this recent recession. In '81 it was 10 percent. In the 90's it peaked at 7.4%. Can we really blame Bush? Remeber he can't do anything without Congress. Look at this net change graph of the past 10 years. Look at when the jobs started to fall. The first 5 months of '00 jobs plummeted, and they continued to fall until November 01, which is when we started out of the recession. Is Bush to blame for the those first 6 months that he enetered office and having not done anything. How is it that he lost those jobs? It seems to me that the '90's where running out because of Tech bubble in the Stock Market and Mutual Fund crash (which, by the way, they are procuring at a 7 year high now). Let's now add in the Florida stuff, which lingered for months in the media and on Capitol Hill for months, concerning Bush stealing the election with his brother's help (which is funny because it was recounted 6 times and everytime Bush won, and it was being counted by Democrats). It has been said that it wasn't until August once the Bush administration got into full swing. How could the Bush administration be at fault for the loss of all those jobs when they hadn't made any moves, positive or negative. Now lets move this discussion to the middle of the recession in January '01 and Bush says that we need a tax cuts. Well, he gets it done, and you can see by all the numbers that is when the economy starts itself back up. But do you remember how hard Bush had to fight for that tax cut?
Taxes take money from the people. I don't mind the gov being rich, just not oppressive. If the gov takes my money, I have less control over my life.
WE should decide how to spend our own money, not the government.
Economic Freedom Forever!
PERIOD