Reply To: A Modern Orthodox Critique of Uri L'Tzedek

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#921221
Ben Levi
Participant

I would also add that you have addressed an issue that goes to the heart of the economic debate.

Under Bush the unemployment rate was around 4.5%

The unemployment rate under OBama during the Economic Recovery is around 8%.

So yes under curent economic policies which in many ways have implemented the European Model Socialist state, a similar situation where 8% of the country remain unemployed is in place.

Now of course those Liberals concede the math and acknowledge that the current “Welfare state” is unsustainible, however it’s sustainible enough to ensure that it will last for this generation, while they keep power and leave the next generation holding the bag.

Again a similar situation to Europe where young people hold demonstrations in the street that the benefits promised by their elders are being taken away.

And yes the unemployment numbers do not take into account the Real Unemployment rate which includes people who have given up looking for work and is significantly higher.

Conservative Economic Policies argue that the USA is capable of at least halvong that number and contiuing to ensure that the USA remains the dominant Economic power in the world.