To The Editor:
How times have changed. According to the May 11, 1996, edition of “The Economist,” Bill Clinton’s economy was in its sixth year of recovery. This claim by “The Economist,” not part of the right-wing conspiracy that Hillary Clinton used to talk about, corresponds to the actual turning point for the economy of March 1991.
In other words, the economy was on its way back long before Clinton arrived to impose his tax increases on gasoline (4.3 cents), all of the income tax brackets, and Social Security (85 percent). What’s noteworthy is that this magazine printed the truth about the trend and the timeline.
This same London-based newspaper endorsed President Barack Obama a month before the election, praising the rise in median household incomes in 31 states and the lowering of the unemployment rate to 7.5 percent. They never mentioned that the reason the rate went down was because fewer people were looking for work and therefore not counted. And how many people actually believe that 31 states are currently doing better than in 2007/2008? Yeah, times have changed all right.
So now we are left to wait and see how many taxes jump out of the Obamacare cake as it is implemented. I’m wondering when our government will take over the teaching of our doctors. Every year, more of our children are taught to dislike corporations, profits, the rich, and even America itself. Where will all this end?