DEFICIT REDUCTION DUE TO OIL FOR FOOD PROGRAM

Gasoline prices have risen more than a dollar per gallon over the past year yet the economy has still boomed. Would you say raising gasoline prices are good for economic growth? Do those extra costs create jobs? To say that the economy is booming due to tax cuts is truly a leap.

How does anybody know that tax cuts caused an economic boom? What information do any of us have that proves it? Sure it helps investors but where does it say that increased investment creates jobs? I'd say that increased employment creates increased investment. Increased investment boosts share prices, but as far as creating jobs how can anything other than new investment in new companies or products boost employment?

Let me pose a situation: I have splitting headaches that hit me every few days. They are so bad that I cannot work several days per month. A doctor gives me some medication to take every day and thirty days later the headaches are gone. Does this prove anything? Does it prove the medication worked? Well let's continue; the doctor failed to run a few tests which would have shown a serious blood clot in an artery in my head and I had a cancer that was not diagnosed, both conditions could have caused my headaches. Due to God or whatever, my unseen blood clot dissolved and my undiagnosed cancer went into remission; now what would you say about the "medicine?"

I'm just saying that there are things underlying the economy that no one can measure and that nobody can even recognize. To say that the tax cuts are responsible for the deficit reduction is like saying that increased sexual activity among teens is the result of the UNs oil for food program.