January 2003 Sun Mon Tue Wed Thu Fri Sat       1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31   Dec   Feb Cracker Topics Home Big Brother Economy Life Politics Sci/Tech Cracker Mail Bloggers Other Reading Matter Drudge NealzNuz Townhall David Warren Kathleen Parker Thomas Sowell Walter Williams Fancy Buttons

Cracker Commentary   Ruminations of a rare and endangered critter, the Florida Native  Tuesday, January 14, 2003 Unemployment steady Just for some perspective: 19 out 20 workers still had jobs in December, according to Labor Dept. The 6.0% unemployment rate was a little above the 5.63% that it has averaged since 1948.   sez Doug Murray 8:46:16 AM   sez you [] Tricky Trickle When it is suggested that tax cuts go to the people who actually pay taxes and are therefore wealthy enought to use that money to create more jobs, the deriders yell "Trickle-down!"  They want the cuts to go to those who pay no taxes. They argue that the poor will then spend the money which will bring about new jobs by giving companies more money to create them (as tax cuts for taxpayers would do directly). In other words, trickle-down is baloney but trickle-up makes sense. Thomas Sowell says there is no trickle-down theory in economics.  It's strictly a political thing.  You don't say.   sez Doug Murray 8:39:02 AM   sez you [] Copyright 2003 © Doug Murray