According to the US Government...
GDP growth for the 3rd quarter was 3.9%
Inflation is still running at less than 2%
Unemployment still below 5%
Consumer spending increased 3%
DOW at or near record highs
In essence, "the PERFECT Economy"
so why has the US DOLLAR lost 10% of it's value this year?
and why do 2 out of 3 Americans say the US is "off-track" ?
does everybody know something the Government doesn't ?
31 October 2007
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the LIBERAL's... (leftist-welfare-Statist's) answer is:
the Middle-Class is sinking/shrinking from out-sourced jobs, union-busting, falling home prices, and increased health-care, food, and energy costs...
so the Government needs to spend more on the social safety-net (healthcare insurance, medicare, medicaid, education, job-training, and infrastructure) and raise taxes on the Rich.
the CONSERVATIVE's... (rightist-militarist-Statist's) answer is:
the Middle-Class is getting hammered by having to pay higher healthcare costs due to illegal-immigrants and frivolous lawsuits...
so the Government needs to spend more on border enforcement, prisons/cops, and the WAR on TERROR, and lower taxes on the Rich.
'tis most curious where they agree and where they disagree, is it not?
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