November 14, 2003

Recovery? What Recovery?

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
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