LIE OF THE WEEK: 02-02-2007
President Bush on the state of the economy:
"Since we enacted major tax relief into law in 2003, our economy has created nearly 7.2 million new jobs. "
THE TRUTH: Let's be clear here - tax relief is a good thing, but not when it is combined with the exorbitant amount of spending being done by the current administration and Congress. The jobs being created by this economy are not new jobs - they are low-paying service sector jobs replacing the previous factory workers, call centers, engineering, IT, medicine and other middle-class jobs that have been lost to the abusive free trade system that we currently have.
Free trade is a good idea, but only when dealing with countries that have equivalent worker rights protection and opportunities for growth matched with improvements in living conditions, freedoms, and worker rights. India is a good example where the middle class is booming and democracy and personal freedoms within the country have been strengthened by free trade. China is an example of the opposite - worker rights are non-existent, the despotic control of the booming economy has weakened any chance of democratic reform and they are headed in completely the wrong direction politically with greater censorship and state control of every media outlet.
President Bush should stop making claims about how great the economy is when the majority of Americans have felt squeezed by the economic climate of the past seven years and all three branches of the federal have failed to provide any protection from this abuse.
"Since we enacted major tax relief into law in 2003, our economy has created nearly 7.2 million new jobs. "
THE TRUTH: Let's be clear here - tax relief is a good thing, but not when it is combined with the exorbitant amount of spending being done by the current administration and Congress. The jobs being created by this economy are not new jobs - they are low-paying service sector jobs replacing the previous factory workers, call centers, engineering, IT, medicine and other middle-class jobs that have been lost to the abusive free trade system that we currently have.
Free trade is a good idea, but only when dealing with countries that have equivalent worker rights protection and opportunities for growth matched with improvements in living conditions, freedoms, and worker rights. India is a good example where the middle class is booming and democracy and personal freedoms within the country have been strengthened by free trade. China is an example of the opposite - worker rights are non-existent, the despotic control of the booming economy has weakened any chance of democratic reform and they are headed in completely the wrong direction politically with greater censorship and state control of every media outlet.
President Bush should stop making claims about how great the economy is when the majority of Americans have felt squeezed by the economic climate of the past seven years and all three branches of the federal have failed to provide any protection from this abuse.
Labels: Lie of the Week
posted by The Debunker at 5:57 PM
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