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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (9383)	3/21/2004 7:49:01 PM
From: Brumar89	Read Replies (1) \| Respond to of 81568

I don't know that "most economists agree ... The household survey is not accurate for jobs I read an article by Robert Barro a week or so ago and he said he didn't understand the difference between the two surveys but he didn't say the household survey wasn't accurate. He indicated both surveys are estimates and neither are that precise. He is the head of Harvard's economics dept. So I'd think he is a respectable source of information. On the economuy in general, I've lived through the 70's, 80's and 90's as a working adult. I've worked in construction, mining (been at a mine that closed), lived through the Houston economy from the early '80's till now. I know what a bad economy looks like - empty strip centers, scattered houses with boarded up windows and kneehigh grass on every street. The economy and job prospects now I see as being better than the 70's and early 80's but not as good as the late 90's, which I think were the best times economically in the history of America and the world. Given the shock that 911 made to the economy - remember all flights were shut down for a week nationwide, ditto for the exchanges - I think something was called for to stimulate the economy. I think the economy is pretty good right now but would have been worse w/o the tax cuts. Of course, the deficit is primarily the result of the tax cuts. But in regard to the charge that the tax cuts won't create jobs, I took several econ courses long ago and I remember that tax cuts are stimulatory to the economy and thus would tend to create jobs. Would it be right to be running a surplus or only a balanced budget at a time when the economy needed stimulating? Free trade - So the steel tariffs were only about corporate profits and not jobs. You know the two go hand in hand. As for Kerry being for free trade - I agree that is his record. Though he is certainly leading voters to think that he is going to renegotiate our free trade agreements in such a way that fewer jobs will go overseas. I don't believe it. He's the one I see being mendacious on this subject.