Wall Street Journal And AEI Throw The Tea Party And GOP Under The Economic Bus

Wall Street Journal And AEI Throw The Tea Party And GOP Under The Economic Bus.

This Wall Street Journal article coincides with what I wrote regarding the American Enterprise Institute report.

The American Enterprise Institute is a conservative think tank and their article vindicates President Obama. Their article stated the the private sector has grown an average of 3% per quarter since the recession ended in 2009 under President Obama, but total GDP is down because of spending cuts in the public sector.

The public sector GDP has dropped to negative 2.88% over the last two years. What does this do to total GDP and the overall economy? It slows it down dramatically!

So as the private sector struggled to gain momentum, Republican cut backs slowed down the private sector growth with a negative public sector growth.

The government purchases things from the private sector daily. They purchase trucks, cars, lawnmowers and even computers from the private sector. What happens when the government cuts back and stops buying things? The private sector slows down also, which begins the snowball effect of layoffs in the private sector.

So now not only do Democrats have their think tanks on their side, they even have the Wall Street Journal and AEI are on their side on this issue! Time to turn up the heat on the tea party and the GOP.

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About aheecosh

Richard A. Sands, Ret. PI; is Board Chair/President of the “Michigan Rescue and Restore Coalition” and President/CEO - Board Chairman of three other non-profit organizations, the “United Social Networks – Rescue and Restore Coalition”, “AhEeCOSH” the“Adult Entertainment Coalition for Occupational Safety and Health” and the “Universal Life Church Anti-Slavery Coalition”. Currently, Richard is finishing his Master of Arts Degree in Social Justice at Marygrove College while completing the (IIRP) International Institute of Restorative Practices – Training of Trainers Certification Program. Richard A. Sands, Ret. PI Pastor - Int'l Chairman/Secretary (MIRRC) Board Chair/President (AhEeCOSH) Investigative Reporter Families Against Narcotics (FAN) Chapter Stop Underage Drinking/Drugs (SUDD) Downriver Universal Life Church Anti-Slavery Coalition Southgate MI - Tenth Precinct Delegate Marygrove College - MA Student Social Justice Program - 10th Cohort 734-771-7251 Fax: 734-281-4087
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