LuckyBrand said:
I still dont see why you guys attribute this to Bush.... you guys do realize that the recession started at the tail end of Clinton's term, no? You guys honestly think that by having the government overspend and giving tax cuts to people; that he actually made the economy WORSE? by putting MORE money into the system and having the government spend MORE than it ever has, the economy was in the shitter BECAUSE of him??? do you realize the folly of that thougth?
The problem with that, you see, is if you give huge tax cuts to every single person, youre gonna get in the hole. But instead of having a plan to get out of that hole, Bush got us more and more into the hole because he was so impetuous on going into Iraq. And ever since, instead of bringing us the least bit towards breaking even, it's gotten MUCH worse.
In an interview with Reuters, (Howard) Dean said the weak dollar was hurting the U.S. economy and again criticized Bush's tax cuts, saying they would only deter foreign investors.
"This president is essentially using Argentina as his fiscal model," Dean said, referring to the South American country's economic collapse last year.
"People are not going to invest in a country whose currency is dropping as rapidly as ours is relative to the euro, and they're not going to invest in a country that can't manage its affairs." (Howard Dean interview with Reuters,
http://www.forbes.com/markets/bonds/newswire/2003/06/16/rtr1001727.html)
*Side note: the Euro is outweighing the dollar by 20% and has been for all of 2004. (
http://www.xe.com/ucc/ - currency converter)
*Dollar is expected to fall even more, Bloomberg - August 9th 2004 (
http://quote.bloomberg.com/apps/news?pid=10000103&sid=aP_xWCyHGkJc&refer=us)
Traders grew more pessimistic on the dollar after government figures Friday showed employment growth eased for a fourth month in July.
His economy tactics are sad to say the least, he has the biggest deficit ever (reached almost 400 billion with two months to go -
http://biz.yahoo.com/ap/040812/federal_deficit_1.html), unemployment rates are at all time highs, the stock market is at the years lowest, new jobs are NOT being created fast enough (Julys 32,000 when 150,000 is needed for a healthy recovery, when over 200,000 was merely predicted). Even if you dont blame Bush for the economy, what do you think about him constantly saying its improving and getting stronger (in which he has said for the past several years). If by getting stronger he means more people that were making $50k a year are working $8 an hour mindless jobs, barely being able to afford living, then yeah, I guess it is getting pretty strong in that there will soon be no middle class.
We have a strong economy and it's getting stronger, he claimed only hours after the jobless figures were released on August 6th.
This is bullshit. Consumer spending slowed during the second quarter, oil prices continue to rise, employers are leery of hiring new workers, the deficit grows, unemployment continues to dip, Iraq is an utter mess. How much more bad news do you want to be convinced we at least need someone else in office to take a stab at things?
But besides the economy, its funny how people overlook mis-doings of this administration. Prisoner abuse scandal, going to Iraq when theres no WMDs, fudging the foreign policy, trying to amend the constitution for gay rights when there are much bigger concerns this administration should be worrying about. It all adds up, folks. Look at the bigger picture, do you really want this same man running the country - just like this - for four more years? I personally can not foresee a president in such a mess that Bush is/has been in for three years now.