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Kos and Arianna ~ It Is the EconomyYesterday Kos ran a front-page article titled Dems to Run On .... the Economy?" He cited this piece from Arianna Huffington titled Déjà Vu All Over Again. It's Not the Economy, Stupid! Both Arianna and Kos argued that running on the economy would be a bad idea for Dems in the last few weeks of the campaign. Arianna stated
And Kos wrote:
Both argued the economy is not a good issue for Democrats. Both are wrong
So - the economy is not the most important issue, but certainly not the least important issue either. Why is that? Well - how about we ask Democratic Party Chair Howard Dean who wrote an editorial yesterday in the Wall Street Journal?
The Census Bureau confirms Dean's statements in the latest statistics on national income which con cluded:
So - who is getting rich? How about we remind people that corporations are taking the biggest share of national income in over 40 years: How happy would anyone be if they weren't making any more money today than they were 5 years ago? How happy would people be if they knew someone was getting to keep more of the economic pie? How many people would be willing to vote for the party that helped to usher in this great achievement? I have an idea - let's ask all the voters if they are making more or less money now than they were 5 years ago. Put it in an add and ask a few random people how they were doing financially. Then of course there is poverty, which has done nothing but increase under Bush: How about we put that graph in a national advertisement? Or on a billboard?
Then there is the issue of jobs. Bush's record of job creation is the worst of the last 40 years.
This is far below the number of jobs he promised: How about we show these graphs of manufacturing jobs and information jobs, respectively? How about we ask people how easy is it for you to find a good paying job? I bet the answer would be - really hard.
Then there is the issue of who runs the national finances better. As Dean said in the WSJ editorial:
How about we show this chart over and over again in a ton of commercials:
Then there is the issue of debt. We could ask people - do you have to go into hoc just to live? As Dean noted in the same editorial:
Then there is this chart of total household debt outstanding. It looks like people have to borrow to live: OK - I admit I am really biased in favor of discussing the economy. It is -- after all -- all I write about. If you look at my RSS reader you'll see a ton of financial news sources with a few wire services thrown in. And Iraq is a complete disaster. However, Bush's economy is killing people financially. It's really that simple. And it would be really great if someone actually addressed that issue - before the middle class goes away. Bonddad September 23, 2006 - 7:53am
( categories: Economics )
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