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Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Dec. 30, 2005 / 29 Kislev, 5766

The most underappreciated story of 2005

By Rich Lowry


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http://www.JewishWorldReview.com | It wasn't too long ago that the Democrats were comparing President Bush to the alleged mastermind of the Great Depression. Back in 2003, House Minority Leader Nancy Pelosi, D-Calif., said that Bush had "the worst record on jobs since Herbert Hoover," repeating a talking point meant to get the names "Bush" and "Hoover" within close proximity. If Democrats were to evaluate today's economy in similarly ridiculous Depression-era terms, they would have to hail Bush as the new FDR.


The robust American economy is the great underappreciated story of 2005. Like the purloined letter in Edgar Allan Poe's story, our superb economy is hidden in plain view, mostly ignored by a media that prefer to accentuate the negative and a Democratic Party that, for understandable partisan reasons, is loath to admit that anything could possibly be right in George Bush's America.


The end of the year brought a barrage of good news that it will take Herculean determination to determinedly ignore.


MasterCard reported that holiday sales increased 8.7 percent over last year. Sales of electronics were up 11 percent, and home furnishings were up 15 percent. Purchases exceeding $1,000 increased by 13 percent. The Wall Street Journal noted that economic pessimists harp about median incomes declining, but "judging by these holiday sales, somebody must have money."


Overall, consumer confidence rose in December to its highest levels since before Hurricane Katrina battered the Gulf Coast. The price of a gallon of gasoline declined to $2.18, down from $2.26 in November and well below the high of more than $3 in September. Weekly jobless claims are back to their pre-Katrina levels, and workers were earning 3.2 percent more than in November 2004.


Then, there was all the news to ignore from the third quarter of '05: 4.3 percent GDP growth; 215,000 new payroll jobs in November; 4.5 million payroll jobs added since May 2003; fixed investment up 8.6 percent; industrial production up 0.7 percent from October to November.


The unemployment rate is at a level that at one time would have been cause for universal celebration -- just 5 percent -- and according to Jeffrey M. Lacker, president of the Federal Reserve Bank of Richmond (Va.), employment continues to grow at a "healthy pace." All of this comes on top of low inflation and extraordinarily high productivity gains. Heritage Foundation economist Tim Kane calculates, putting all the key factors together, that economically, 2005 is one of the best five years out of the past 25.


Just as blaming Bush for the recession of 2001 was always charging him with being in the wrong place at the wrong time -- the economic downturn and tech crash began before he took office -- he can't get all the credit for a fortuitous turn in the business cycle. (Although President Clinton somehow managed to claim personal responsibility for every tick up in GDP and every tick down in the unemployment rate.) It's the amazing resiliency, and endless capacity for innovation, of the American economy itself that is responsible for the latest spurt in growth.


But one Bush policy in particular did stoke the upturn. As a report of the Joint Economic Committee of Congress explained, consumer spending never stopped growing in the 2001 recession. It was a free-fall in investment that caused the economic stall. Bush2003 tax cuts on dividends and capital gains were meant to recharge that particular engine in the economy, and they did. According to Kane, investment has grown at a rate of 9.2 percent since those tax cuts, higher than the average of 6 percent of the past two decades.


No matter. In the Bush economy, the press specializes in making people feel badly about doing well. The coverage in coming weeks will surely obsess about high home-heating bills. Since no economy can achieve a state of Zen perfection, when spring comes, there will be something else to be discouraged about, perhaps the softening housing market. Recent business surveys show companies are planning to increase hiring in 2006. That's a sign the vigorous economy is set to roll into 2006, appreciated or not.

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© 2005 King Features Syndicate

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