Ace, you missed one important point in the reporting of the good economic news from Chicago and that is that the numbers report were the HIGHEST since july of 1988. Just let that date sink in a moment....ok, are you siting down? Because what I am about to tell you will absolutely shock you.

We have just had a higher increase in manufacturing in May then we EVER had under Clinton economic boom years.

Since the mainstream media is constantly assuring us that the pre-Clinton era was the economic dark ages, you know...forced child labor camps, single mothers having to sell their children for medical experimentation, orphans used as yard markers on golf ranges, etc....I am really having a hard time coming to grasp with this. After all the liberal economic "experts" have stated point blank that W's tax cuts would hurt the economy and NOT help it. So how can this horrible economic policy by the present administration possible produce economic output greater than that of the glory years under Clinton.

I'm going to go lay down for a moment...all this cowbell is making my head hurt.

New poll shows that more people think the economy is bad. 41%, up from 29% in April.

I blame media brain control. I have the cure.

http://zapatopi.net/afdb.html

Dude,
Here I was....scrolling down...looking for some cowbell....*sigh*. Don't blame me for wandering to greener pastures for cowbell.

War economies do tend to boom, especially when the gov't is going into deficit to pump up the economy.

Bush's tax cuts may be helping the machine to hum smoothly (finally), but your children and grandchildren will have one hell of a hole to dig themselves out of.

Jeremy,

Thanks for providing the other great liberal scare tactic...the deficit is going to destroy the world that we give to our children. The funny thing is that economic growth has a way of making deficits go "poof". If I can take you back to the 90's I can show you that the reason the deficit shrank so much back then had very little to do with government restraining its spending habits and a great deal to do with economic growth (people and companies make more money, which means the government collects more in taxes).

Similarly, long term economic growth can make any deficity disappear faster than a whiskey and coke in Ted Kennedy's hand.

Finally, how big does a deficit need to get before it has a chance of causing a financial crisis similar to what's happened in Korea or Brazil? As a percentage of GDP, the US deficit is a tiny fraction of what it was to those countries and the amount of additional spending for the War is an even smaller fraction of the total economic throughput of the US. Amazingly liberals refuse to factor in these things.

But take heart Jeremy, you can still go on scaring old people about medicare and telling the college kids that the FBI is looking at their library records.

Really cool blog! What you say makes total sense! Keep up the good work.