The Democrats are predicting economic devastation as a result of Bush’s budget. How surprising. My question is this: aside from core Democrats who’ll drink any flavor of Kool Aid offered up by the liberal leadership, who’s actually going to take this attack seriously.
Leading up to the elections we heard the Dems compare the economy to the Great Depression. I’m no economist but a 5.4% unemployment rate and a growth rate over three percent is kind of the opposite of a depression. In Afghanistan the Dems warned that we would suffer the same fate as the Russian forces, but instead we got successful elections. Iraq and the greater Middle East…well, need I say more?
It also wasn’t as if the Dems were merely offering skepticism, reservation or another perspective that is a healthy part of democratic debate. No, it was blindingly rank, partisan bitterness that drove the Dems further and further away from reality.
Now we’re facing Bush’s budget. There’s no doubt that the deficit is a concern to any economist worth his salt. Instead of a healthy debate towards a reasoned solution, again the Dems will claim the sky is falling. Oh yes, except Social Security, that part of the sky is rock solid up there.