Friday, March 10, 2006

Oh by the way. We added another 243,000 jobs in February:

The Bureau of Labor Statistics is reporting this morning that the U.S. added another 243,000 jobs last month. That is now 2.1 million jobs added in the last year and almost 4 million jobs in the last three.

With this type of job growth, GDP at 4% and IRS tax receipts at all time highs, Democrats must be scratching their head wondering how could this all be considering we cut taxes, our trade deficits are at record levels and outsourcing of jobs overseas is suppose to be an epidemic.

It’s easy, tax cuts fuel economies and trade deficits are good not bad. Also outsourcing is overrated as these same people fail to look at the jobs replacing those leaving like the $1.2 billion dollar factory Hyundai just announced it’s going to build in Georgia. I’m sure most people would be surprised to know that last month the U.S. added more factory jobs then lost.

Instead of worrying about the UAE, Peter King and the rest of his band of merry men should focus on making the tax cuts permanent to keep this economy rolling.