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Jobless Recovery? - 308,000 Jobs Created in March
By Andrew L. Jaffee, April 2, 2004 |
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Bad news for John Kerry today: The Labor Department reported that 308,000 U.S. jobs were created in March, and 759,000 total have been added since August. This is just one more piece of evidence that the American economy is in the midst of a strong recovery. The long-beleaguered manufacturing sector has been strengthening, with factory job creation hitting a 17-year high. Yes, you heard it right -- factory jobs. In a perverse desire for power, many Democrats have been hoping for a bad economy, just so they can oust President Bush. If you believe Democratic apparatchiks like Maxine Waters, the U.S. economy is terrible. Too bad for the Democrats, all the evidence contradicts everything they’re saying. The fact is, President Bush’s tax cuts have brought the U.S. economy out of the recession that began under the last few years of Bill Clinton’s term in office. History shows that economies that raise taxes plummet, while those that cut taxes and encourage investment boom. Democratic hopeful John Kerry’s plan for tax increases would destroy the American economic engine -- and Kerry has flat-out lied about the war on corporate fraud. Keeping George W. Bush in office will ensure a long, sustainable period of economic growth. |