IT'S A FALSE ECONOMY, SENATOR BENNETT

Utah's other senator is out there painting a pretty face on the nation's economy. He sees and foresees nothing but roses if President Bush's policies prevail. Bennett revels in the tiny unemployment figures, the usually ascending stock market casino numbers, and who knows what else?

But what about our exported factories, the outsourcing of good jobs, the record low wages paid to workers, the sub prime lending circus, the part-time situation in a large segment of the jobs, the recklessly ignored problem of trade deficits, the incredible national debt, and corporate domination of markets?

Corporate earnings are often enhanced by the very factors which do harm to the economy.

While Senator Bennett blows his horn, we hear David Welker, the head of the Government Accounting Office, playing a different tune. Welker warns of impending doom if we continue our anti-economy ways. The $9 trillion national debt is dragging us down, and he foresees a national debt of $40 trillion within the next few decades. You know we'll feel the pain long before that.

Presidents Franklin Deficit Roosevelt, Ronald Reagan and George W. Bush understood how deficit spending gives the economy a jolt. But the results are neither real nor lasting. It's about like passing out cash to bidders at an auction. The action increases and people get excited, but the medium of exchange diminishes in value, and there we go again. Inflation, inflation, inflation.

IT'S ALL SO SIMPLE.

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Serious Fun:

Presidential candidate Edwards wants us to go to the doctor once a year. He must be getting contributions from big pharma and big doctor.

Senator Craig announced that he would resign, but he didn't promise, did he? Take this as entertainment. We miss Mark Foley, Gary Hart, Bob Livingstone, Newt Gingrich, and Slick Willie. Scary Larry will have to do until a better scandal comes along.