Steve Chapman’s column on outsourcing and trade should be mandatory reading by everyone who wants to understand the jobs climate rather than being a demagogue on the issue.
The Democrats beat the drum about “lost” jobs under the Bush watch but don’t cite any examples of Bush policy that has supposedly caused this. They conveniently forget about the impact on the economy of the bursting of the bubble in late 1999; the recession; corporate crimes, which impacted confidence; Sept. 11; and the war in Iraq.
They blame Bush.
If things are so bad, how bad would things be without the tax cuts, which are a classical Keynesian response to the situation?
The task now is to control discretionary spending.
I recognize facts don’t often matter in political debate, but the Democrats simply want to distort the record on this issue.
