Comment by Jim Campbell
Eventually we knew the truth would catch up with you Dianne. Your failed policies have continued to crush California’s economy, moving companies out-of-state and in many cases overseas.
It must go without saying that if one is incapable of understanding economics, then they have no place in the Congress of the United States. That’s been the problem with you and the progressives since the party began with Woodrow Wilson.
Yet you have the temerity to blame outsourcing on Republicans?
Please get back to us when you have taken a basic economics course, one that shows that increasing taxes has a chilling effect on businesses large and small. (Please remember to click on sources they provide an excellent summary.)
Certainly you will never own up to it, but your tax and spend policies are the cause of California’s economic woes.
Perhaps you would do well to pay attention to Jim’s Law, clearly depicted below.
Doubt this? Then please name a state or country that has ever taxed itself into prosperity. Not to worry Diane that was a trick question, none have and none ever will.
Grim Economic Numbers Continue to Show Democrats’ Policies Haven’t “Worked,” But Democrats Want Tax Hikes that Will Make Things Worse
Last week’s report on U.S. economic growth confirmed the economy is in the doldrums, struggling to regain momentum and create jobs—a far cry from President Obama’s claims that his policies “worked” and that “the private sector is doing fine”
Fear not Dianne, Elizabeth Emken is ready to replace you.
“ECONOMY WEAK IN SECOND QUARTER, GDP GROWS AT 1.5% RATE”: (Tim Mullaney, “Economy Weak in Second Quarter, GDP Grows at 1.5% Rate,” USA Today, 7/27/2012)
“UNEMPLOYMENT COULD STAY HIGH AS US ECONOMY SLOWS”: “High unemployment isn’t going away — not as long as the economy grows as slowly as it did in the April-June quarter.” (Martin Crutsinger, “Unemployment Could Stay High as US Economy Slows,” Associated Press, 7/27/2012)
“CONSUMER SENTIMENT HITS FRESH 2012 LOW”: (“Consumer Sentiment Hits Fresh 2012 Low,” Reuters, 7/27/2012)
“US POVERTY ON TRACK TO RISE TO HIGHEST SINCE 1960s”: (Hope Yen, “US Poverty on Track to Rise to Highest Since 1960s,” Associated Press, 7/23/2012)
MIDDLE CLASS INCOME ON THE DECLINE: “Since median inflation-adjusted family income peaked in 2000 at $64,232, it has fallen roughly 6 percent. You won’t find another 12-year period with an income decline since the aftermath of the Depression.” (Jeff Cox, “Earnings Show Recession May Be ‘Fast Approaching,’” CNBC, 7/23/2012)
Please read the complete listing of Dianne’s failed policies below.
Elizabeth Emken US Senate CA 2012 