"That decline ended in 2001 following the collapse of the dot-com bubble and rising unemployment in the resulting recession. By 2003 the debt-to-GDP ratio had risen to 61.7%. Many blame the Bush tax cuts for adversely impacting federal revenues, causing the debt to spiral upwards. But that is just not true. Federal revenues declined by almost 12% in the early years of the decade, but when the tax cuts fully kicked in in 2003, the economy began to grow strongly again and federal revenues increased 44% in the next four years, while unemployment fell to 4.2% from 6.2%. Federal outlays in those four years increased by only 26.4%, and while the debt-to-GDP ratio increased to 64.8% by 2007, that was still well below what it had been in 1994."
As a voter, like me, you may find Perry's view on creationism disconcerting and a sign of an unsophisticated candidate. But the fact is that the progressives' faith-based devotion to government is far more consequential than Perry's faith-based position on evolution.
Despite the rare political dispute, in the real world, science -- real science -- is rarely controversial. It's politicized science that is prickly. And science is easy to politicize. Maybe if schools began teaching students that "life" begins at conception and that each zygote, embryo and fetus is a unique human being in some early stage of development just waiting to be born, liberals would see the point.
"Even activists on the ground in Wisconsin don't yet know if that will happen. For the rest of us, their decision either to press on or pack it in will speak volumes about where progressive organizing stands in America, a nation where too many protesters believe it's enough to turn up for a few rallies and then go home, even though the foundations for real mass movements (like Egypt's democracy uprising) are laid years before lasting change occurs.
Americans need such a movement, built on economic populism and the dream of shared prosperity. The question is: Are Wisconsin's progressives the first spark in that movement? Or is theirs a flare that is already flickering out?
That is what is so jarring about this case — and not just for Boeing. Without any warning, the rules have changed. Uncertainty has replaced certainty. Other companies have to start wondering what other rules could soon change. It becomes a reason to hold back on hiring.
"The hardening of class divisions has been building for a generation, first in the West but increasingly in fast-developing countries such as China. The growing chasm between the classes has its roots in globalization, which has taken jobs from blue-collar and now even white-collar employees; technology, which has allowed the fleetest and richest companies and individuals to shift operations at rapid speed to any locale; and the secularization of society, which has undermined the traditional values about work and family that have underpinned grassroots capitalism from its very origins."
His Saturday speech in South Carolina will make clear that he is entering the race for the White House and will spawn the ugliest and most expensive presidential race in U.S. history, and he will win. A C and D student, who hates to govern, loves to campaign, and barely has a sixth grader's understanding of economics, will lead our nation into oblivion.
Yet Obama plods along, raising gobs of cash for his reelection bid — he was scheduled to speak at two DNC fundraisers Monday night — and varying little the words he reads from the teleprompter. He seemed detached even from those words Monday as he pivoted his head from side to side, proclaiming that “our problems is not confidence in our credit” and turning his bipartisan fiscal commission into a “biparticle.”
Report: GOP retains Wisconsin senate control in recall battle - CNN.com
WAY too close! With the teachers off work and going door to door, plus the deep national union pockets spending like there was no tomorrow, this one was huge. If they had won control this would have been the top story for the rest of the week in the MSM with all sorts of "harbingers for the future" and "stinging defeat for the Tea Party" rhetoric.It would have been a big energizer for the Democrats and Unions.
As it is, they spent millions and lots of door to door time and failed ... all be it narrowly. It OUGHT to further energize Tea Party and Republicans, but we will have to come up with our own media buzz to do that because this version of the WI story will be a non-story in the MSM after today.
