Some things never get old, especially when it comes to reports of America’s continued economic success.
According to revised figures from the US Department of Commerce, an otherwise useless branch of the US government. The US economy grew at a rate of 5.6% during the first quarter, a phenomenal rate to be sure, exceeding most industrialized countries. In addition to the robust growth of the gross domestic product, other economic indicators continue to bode well for American economic progress, including continued high levels of employment, for those who want to work, and low levels of inflation in spite of increasingly high petroleum costs.
The fact of our healthy economy will quickly be lost amongst the leftists, who have berated this nation’s economic health since the moment Clinton left office. Facts have been there worst enemy in this regard, but the Bush administration has been an unlikely ally as the president continues to fail miserably when it comes to his responsibility to educate the public on the health and vitality of the economy, which lends credence to Democratic criticism that the economy is faltering.
The end result is a leftist changing of the guard this November, which spells certain doom for continued economic growth as the era of tax and spend will begin anew, not that the era of tax cut and spend is particularly sound from a fiscal point of view
http://www.ft.com/cms/s/31d6a016-0771-11db-9067-0000779e2340.html
