Wednesday, January 14, 2004

Believe it When You See it

Believe it When You See it

Former Congressman Dick Armey once said that conservatives believe it when they see it and that liberal see it when they believe it.

Walter Williams produces a mountain of data that contracicts what liberals believe. You are now free to see the truth.

Example: "Here's my question: If millions of high-paying jobs are leaving the country only to be replaced by millions of low-paying jobs, what prediction would you make about the trend in our standard of living? It would have to be in steep decline, but the facts don't square with that. Per capita GDP, the population divided into the value of goods and services produced, is one of the methods used to gauge the standard of living. The historical trend, including today, is a rising American standard of living. In fact, our per capita GDP in 1980 was $21,500 and, as of 2002, it was $36,000 -- a 59 percent increase. So how can it be that we're becoming a nation of low-pay hamburger flippers?"

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