Letter to the Editor
We are hearing in the news that we are in an economic recovery and that we have strong economic growth. Is this true? I really doubt it. I think that the Bush controlled media is trying to pull yet another illusion and create a recovery where there is none.
First - the Christmas season is not a recovery. Stores hire more people temporarilly for Christmas.
Second - the spending of another 87 billion dollars on Iraq is not a recovery. That borrowed money that is being wasted. Spending money on Iraq is the economic equivelent of buying Crack Cocaine with a Credit Card. It does not add to the economy.
What is the real test for recovery? We have nearly a 1/2 trillion dollar deficit and the deficit has almost doubled since last year. The economy has lot 3 million jobs since Bush took office. Get past that and we'll talk about economic recovery.
Posted by marc at November 14, 2003 07:30 AM | TrackBack