February 25, 2009

re: In Its Dying Agony, NYT Praises Big Government

I "love" it, Chris. In what has become a classic lie from our Establishment Media and our "educational" institutions, the Times reports in your linked article:

"When over the past 60 years did the American economy grow fastest? The 1950s and 1960s, when the top marginal tax rate was a now-unthinkable 90 percent. And when over the past generation did the economy grow fastest? The late 1990s, when President Bill Clinton briefly took federal taxes to 20 percent of the G.D.P."

Somehow, the idiots at the Times (but I repeat myself) haven't figured out yet that the economy grew during the 1950s due to the post-WWII economic baby boom and the late 1990s due to the internet/personal computer/cellphone boom--despite any damaging effects from government policies. This brings up a question about another Establishment lie: Since we are told that it was unions that gave us a middle class in the 1950s, then if we had a strong economy in the late 1990s when union membership had shrunk from a third to an eighth of our workforce in 40 years, how did middle America prosper in that half decade? Someone please give President Obamanable, Michael Moore, or the Times a call for the answer to that "puzzler."

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