Truth is the most valuable thing we have. Let us economize it.
A strong economy depends on a strong middle class, but George Bush has put the middle class in a hole, and John McCain has a plan to keep digging that hole with George Bush’s shovel.
The fact is I’ve been in Massachusetts for the last two weeks, and it seems over the last few days that the price is increasing by the hour at the pump, so there needs to be an aggressive investigation.
With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that.
And the buying of new machinery meant not only the possibility of production, but even the new technology, ‘cos as I mentioned before, we were back of seven, eight years.
As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade.
All the technology of our production was still pre-War. They were sort of ’38, ’39 and the War had been stable and so we were infinitely behind whatever had been going on in the United States for instance.
If you or me go to the gas station to fill up our car and it costs us much more than we expected, it will zap our discretionary income. We won’t have the extra money to buy that washing machine or new winter coat-all big ticket items that are important to economic growth.
Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.
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