Wednesday, April 26, 2006

Dow Ends at 6-Year High

The Bush economy, spurred by the much-maligned tax cuts for the rich, just keeps puttering along, generating jobs and creating wealth. With an unemployment rate at 4.7, which is considered full employment, and more tax revenue pouring into federal coffers, one might think that the Democrats would be changing their mind about tax cuts. If so, one would be wrong.

Liberal opposition to tax cuts has nothing to do with whether or not they work. The left opposes them because they despise the rich and want to punish them. Any solution to poverty which allows the wealthy to remain wealthy is, in their minds, unjust. That the poor are better off now than ever before, that there are jobs out there for anyone who wants one, does not matter to the lefties. The rich are getting richer.

The odd thing about this is that so many of the wealthy class help fund the Democratic left. Freud would have a grand time with all the unresolved guilt and suicidal death wishes that these people must be afflicted with.