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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (73887)	10/21/2009 9:29:44 AM
From: Kenneth E. Phillipps	Read Replies (2) \| Respond to of 224749

Dems will reduce the deficit the same way Clinton did.

To: JakeStraw who wrote (73887)	10/21/2009 12:48:12 PM
From: TimF	Respond to of 224749

I agree with the idea that all the extra spending, and esp. tax hikes are policy errors, that government debt is getting to seriously problematic levels, and that increasing taxes could kill the recovery (and also slow longer term growth if the higher taxes are maintained) But... when you include people who've been dropped from the survey and the "underemployment" rate When you include people that aren't part of a group the group gets bigger. The "underemployed" simply aren't unemployed. As for those who are no longer seeking work, well they haven't been counted as unemployed since the 60s so comparisons to more recent times shouldn't include them if you want to be consistent, but comparisons to older times should. So for example the great depression's unemployment rate peak was more like double what we have now instead of two and a half times. I'm not sure I'd say the recovery is a mirage, but its weak, and it may not be sustained (we could get a "double dip recession", esp. if there are tax hikes)