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Deroy Murdock Commentary: Vibrant Economic Growth Is Job One For Conservatives



The libertarian-conservative Republican commentator in New York City argues that economic growth should be free-market conservatives'steady message: "Preliminary estimates indicated that economic growth actually shrank 0.1 percent in the fourth quarter of 2013, though we later found out it grew slightly. After the Great Recession of December 2007 through June 2009, Obama’s combination of breakneck government spending, jaw-dropping borrowing, asphyxiating new regulations through Obamacare, Dodd-Frank, and the EPA, and a strident hostility to business and the successful all have militated to keep economic growth weak, at best."

He continues his commentary: "Since World War II, economic growth has averaged 3.3 percent annually. However, in the last four years, growth has crawled forward at just 0.8 percent annually. That is a rate of expansion roughly 75 percent slower than what Americans have experienced since U.S. G.I.s defeated Adolf Hitler and Hideki Tojo. Empty store fronts, languishing innovation, and a 7.7 percent unemployment rate are all symptoms of this stunted-growth syndrome."

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