Disaster for Dems

John Podhoretz:

"THERE'S no getting around it: Life is getting a whole lot better for Americans and a whole lot worse for the Democrats running for president.

"The huge national economic growth spurt announced yesterday came as a thrilling surprise even to Bush stalwarts. One former key economic adviser told me on Tuesday that he was all excited because he believed the growth rate would be 6 percent. Instead, it was 7.2 percent - which means it was 15 percent greater than even this cockeyed optimist had hoped for.

". . .And a lot of that growth came exactly where you would want it to come - from growth in business spending. That grew by 11 percent, which means businesses are finally shelling out big-time for new equipment. And in very short order, they will need new workers to run that equipment, which means the employment picture is on the verge of brightening considerably."


Disaster for bin Laden

The news on the economy is also a disaster for bin Laden who has made one of his key objectives the ruin of the US economy. Shortly after the 9-11 attacks bin Laden was chorltling over the economic hit almost as much as the number of people he had killed. The rebound of the economy in the US makes him a loser again.

Other losers are the left wing European politicians who have been doing what the Democrats wanted to do in the US which has led to stagnant economic growth.

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