Still Going:
U.S. Payroll growth for the month of August was released this morning showing the country added 128,000 jobs. The fact that the economy continues to add a large number of jobs despite a big slowdown in housing construction over the last six months shows that other areas of the economy are picking up the slack.
I can’t but wonder how Democrats can continue to be so stubborn. Do we not now have enough data that proves an economy based on flexible labor, free trade and low tax rates leads to overall economic growth?
When it comes to economic policy it’s a good 60% of why I can’t be a registered Democrat. As a party they just don’t get it! What’s even more interesting is that one of the party’s favorite all time Democrats, John F. Kennedy, was a HUGE supporter of tax cuts.
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