Monday, July 09, 2007
The Economy - J.C. Watts vs. Paul Newman
I'm with J.C. Watts on this...
Former Congressman J.C. Watts writes at ReviewJournal.com:
"Predictably, I also heard Newman attack the administration on the economy. That's right out of the Democrat playbook. Demagogue the economy and invoke class warfare. Any acknowledgment of a robust economy includes the assertion that only 'the rich' are benefiting. Newman, who has read a lot of scripts in his lifetime, was faithful to the Democrat script.
But I was talking with a friend just the other day who commented on the fact that he resides on the opposite end of the financial scale from the likes of Paul Newman, yet his humble portfolio is 'sizzling' in this economy, as I recall his description.
Sizzling, indeed. If Bill Clinton were president today, I have no doubt the media would proudly trumpet this era as the 'Clinton Economy' and extol the glories of the Clinton economic team every chance they got.
Criticizing this administration on this economy is a sham. The truth is, that's one of the things Bush has done pretty well. The economy is strong, the Dow Jones is at a record high, inflation is down. Deficits are down to their lowest level in many years. More than 5.5 million new jobs created over the past three years. Our economy is rolling.
Be honest, Democrats and media. If you are going to refer to Iraq as 'Bush's war,' then you are honor-bound to refer to the marketplace today as 'Bush's economy.'
Democrats don't want to acknowledge the strong economy, because that would detract from their message and their full intent to raise your taxes. In fact, today's economic boom is due entirely to the tax relief George Bush and the Republican Congress enacted after his election."
