Occasionally I am brave and open up The Seattle Times for something other than the Sports and Comics sections. But I always quickly remember why I usually don't like doing so, especially when they print articles glorifying government intrusiveness in the economy
Had Washington not taken any aggressive steps starting in 2008, the results would have been horrific, their study says. Real gross domestic product would have fallen a "stunning" 12 percent, rather than the actual decline of 4 percent. Nearly 17 million jobs would have vanished, twice as many as the real count. And the unemployment rate would have peaked at 16.5 percent. ...[Tea partiers] remind me of family members who, four weeks after a quadruple bypass, want to know why Grandpa isn't dancing. At least the family knows that the operation was needed.
Washington State unemployment is at a depressing 8.9%. It is down 0.1% from July thanks to a loss in government jobs. However, with the ardent support for I-1098, which, if passed, would establish a state income tax "for the wealthy," this figure is likely to change for the worse. Washington is creeping behind its neighbor to the south, Oregon. With the fifth highest income tax in the nation, Oregon faces a jobless rate of 20.6%.
When these statistics get me down, though, I just so truly thank The Seattle Times for reminding me that the government wasn't responsible for the gloom permeating my state:
Happily, government stepped in, and America bucked a catastrophe. How fortunate for us all that the tea party wasn't running Washington.
Read the rest of the article (and comment!) here.