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Show ALL Forums  > Politics  > If George W bush is doing so bad why is the economy doing so good?      Mod Threads Home login  
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 Author Thread: If George W bush is doing so bad why is the economy doing so good?
 ChipMunk1

Joined: 3/19/2007
Msg: 51
If George W bush is doing so bad why is the economy doing so good?
Posted: 4/17/2007 10:44:56 AM
OP. With the exception of governmental spending, the president does not control or influence the US economy. The Federal Reseve does. What GW has done is run up a massive deficit which we taxpayer will have to pay back through increased taxes in the years to come (does not matter if you have a dem or rep president).

As far as materialistic possessions goes, loose creidt has cerated an environment of 10 cents millionaires. What you see and the reality are two different things and it will be exposed in the next 2-3 years. Watch the default rates go through the roof as consumer discretionary spending will be hamstrung by adjusting mortgages and incresing credit card balances. This party is just getting started and for the one with cash on hand will rule the investment environment in the next 5 years.
 starvartist

Joined: 1/10/2007
Msg: 52
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/17/2007 8:07:37 PM
ON MX220: Aww, look! It’s trying to think...


ME: Damn, you're retarded.

YOU: What an intelligent use of words for a debate.


On my use of words; I am a laconic man who values word economy and these said it just fine.


ME: Sure, there is a lot more wealth in the country, only fewer and fewer people have it.

YOU: Do you favor socialism over a free enterprise society?


Regarding socialism over a free enterprise society: If required to make choice it would be the former. They are not, however, so mutually exclusive as the All For One (as in me) capitalist would like to think.

Now I know what comes next: "What about Russia or where have you? You can't hold Russia, China, North Korea or anyone else against the concept of socialism any more then you can hold the U.S. against democracy just because it failed here.

Frankly there should be public control over public affairs. Medicine, the law, energy production, and a few others. Business is no more efficient--THAT is a myth. Plus, a for-profit group will always, without exception, behave dishonorably for profit.

Take Walter Reed. I was a patient there for a year, discharged 2 years ago, and let me assure you you haven't heard about 1/10th the BS there. BTW, did YOU enlist for this war you clearly love so much, rich boy? The problems there got out of control once it was contracted out to the private sector.

Take prisons (which are also for profit to build and maintain) and the psychotic, draconian sentencing laws that were such through on flimsy pretenses of "protecting children" by plastering some child molester's face on TV and pretending the legislation is in any way related. Using it as a basis to attack anyone who disputes it. What a hideous way to use a person. (And yes, I was molested as a child so don't even THINK of trying to play that card... bad things will happen)

Where were we? Ah yes...


ME: People like you should be killed. Keep it up and one day you all will be.

YOU: This is what you determined after reading one sentence the OP wrote?


Yes. I'm that good.


Starvartist, I think you're probably just p*ssed off because you see a lot of others doing better than you. Maybe those 'yuppies' went through several years of college to get where they are today. They may have been in debt up to their eyeballs when they graduated. Some may have come from very humble beginnings (like Oprah Winfrey and Ronald Reagan). Ever thought that maybe they worked their asses off to get where they are? There are complainers and there are doers. Guess which ones are the most successful?


As to the that: I went to college, I'm a MENSA member in fact, so I'm not stupid. I am certainly not lazy, no one survives long at the bottom of the heap if they are. Laziness is more a pastime of YOUR class.

I understand the predisposition of your ilk to assume anyone not of the “well-bred” classes is an ignorant peasant. Basically, your nothing but an unnecessary and parasitic social elite that must justify its existence somehow.

As to the assumption your kind always tries to slip-in that anyone with talent and the desire to work hard will be rewarded, might I suggest you lay off the recreational pharmaceuticals. Take a good look at your beloved leader, King Dubya. THAT is the face of success in America. Him and Paris Hilton. You’re so right--all I want is to be like you.

And if you all value people who “pull themselves up by their own boot straps” then what’s the resistance to the Parasite Tax? (or as you call it the “death tax”)

Not everyone values what you value. This is what's so sickening about your kind. You assume any resentment of you has to be jealousy. It isn't, it's disgust. And I haven't complained about MY life, have I? Just yours.

I am, in fact, quite happy about the way in which I’ve conducted my life. What I’m upset with is YOUR behavior. You and people like you. Users and despoilers who think of nothing beyond their own gain and willing to twist their little brains into pretzels to justify their avarice.

So, any other piercing insights into my character, you pedantic, effete little pr*ck? Or have you learned your place?
 starvartist

Joined: 1/10/2007
Msg: 53
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/17/2007 8:19:19 PM
Oh, and one more item: Don’t you dare put down complaining. It is the basis of all art and cultural advancement. You would realize this if you weren’t a soulless, brain-dead bean counter.
 diehardtexan3

Joined: 4/13/2007
Msg: 54
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/17/2007 11:47:04 PM
OUR PRESIDENT HAS TURNED HIS BACK ON THIS COUNTRY
 MacNews

Joined: 3/25/2007
Msg: 55
If George W bush is doing so bad why is the economy doing so good?
Posted: 4/17/2007 11:48:25 PM
You're retarded. Did you go to "Stoner Economics 101"? You don't subtract the amount borrowed from growth!

And there was a recession in 2001, which we're now out of.

Get your head out of your ass then maybe you'll see how the US and Canada have had strong economic growth for the past 4 years.
 bob0colo

Joined: 4/9/2006
Msg: 56
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/17/2007 11:53:10 PM
Regarding socialism over a free enterprise society: If required to make choice it would be the former. They are not, however, so mutually exclusive as the All For One (as in me) capitalist would like to think.
___________________

free enterprise?????? Unregulated Corp Greed is not the same as free enterprise. Ask the small business person. Unregulated and Free speech $$ to the elected is far from enterprise. Walmart gets tax break for property taxes to open a store and little guy doesnt. Little guy closes shop......loss to tax base and Walmart grows....loss to tax base.
Free enterprise????
Goverment has to have regulations for Business.
If not we will look like the USA , today.......
 diehardtexan3

Joined: 4/13/2007
Msg: 57
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/17/2007 11:59:01 PM
Starvartist I couldnt have said it better or anywhere close to that.
run for president.
 DouglasInMotown

Joined: 8/9/2006
Msg: 58
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/18/2007 3:26:19 AM

MacNews
... Get your head out of your ass then maybe you'll see how the US and Canada have had strong economic growth for the past 4 years.


The so-called "economic growth" of the past 4 years amounts to half the increase in the federal debt. Not only is the Bush League putting "economic growth" on future generations' charge card, they're not doing it very efficiently.
 CharlesEdm

Joined: 9/16/2006
Msg: 59
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/18/2007 4:54:02 AM
Get your head out of your ass then maybe you'll see how the US and Canada have had strong economic growth for the past 4 years.


Cite your sources or shut up.

Heres one for you.

http://www.ppionline.org/ppi_ci.cfm?knlgAreaID=107&subsecID=295&contentID=252964
 MacNews

Joined: 3/25/2007
Msg: 60
If George W bush is doing so bad why is the economy doing so good?
Posted: 4/18/2007 5:44:16 AM
Here's another one for you. The US deficit has gone from over $400 billion to under $200 Billion just like Bush said it would...two years faster than he promised. Bush can't help it if Congress stuffs the budget full of extra pork-barrelling.

My source? The President. There's your source.
 CharlesEdm

Joined: 9/16/2006
Msg: 61
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/18/2007 5:58:23 AM

Here's another one for you. The US deficit has gone from over $400 billion to under $200 Billion just like Bush said it would...two years faster than he promised. Bush can't help it if Congress stuffs the budget full of extra pork-barrelling.

My source? The President. There's your source.


You got to cite them where we can read them, see that little link I posted?

Also that deficit is still a negative number, Clinton had a positive number. See how thats not better?

Funny how conservatives in Canada will say "balance the budget at all costs" but for the USA well it's fine to have a deficit, I mean it's a neocon government.

Also I'd like to point out that the deficit, while massive, was under a republican congress and senate, with a republican president. 9 billion a month is a lot of billions over the course of how many years in that quagmire?
 MacNews

Joined: 3/25/2007
Msg: 62
If George W bush is doing so bad why is the economy doing so good?
Posted: 4/19/2007 12:21:39 AM
"Also that deficit is still a negative number, Clinton had a positive number. See how thats not better?

Funny how conservatives in Canada will say "balance the budget at all costs" but for the USA well it's fine to have a deficit, I mean it's a neocon government.

Also I'd like to point out that the deficit, while massive, was under a republican congress and senate, with a republican president. 9 billion a month is a lot of billions over the course of how many years in that quagmire?"

Clinton "ran" a deficit until the end when he had a small surplus. You have to realize the President does not have as much say in the budget as the PM does. It's not even close.

And yes I know the GOP screwed up, that's why they have to watch on the sidelines for a term, maybe more.

Why should I provide you with a link? Bush stated the deficit reduction as one of his key goals in the '04 campaign.
 CharlesEdm

Joined: 9/16/2006
Msg: 63
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/19/2007 5:00:35 AM
Why should I provide you with a link? Bush stated the deficit reduction as one of his key goals in the '04 campaign.


Because if you don't provide a link, you can claim anything.

Which is why you're wrong. Overall during the course of Clintons time in office, the debt as a percentage of GDP went down 8.6%

Compared to republicans where they all went up. Reagan 20.5% Bush 1 13.1% in one term! and Bush Junior 10.6% (by projection)

http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms

See thats why you need a citation.
 starvartist

Joined: 1/10/2007
Msg: 64
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/19/2007 1:17:28 PM

free enterprise?????? Unregulated Corp Greed is not the same as free enterprise. Ask the small business person. Unregulated and Free speech $$ to the elected is far from enterprise. Walmart gets tax break for property taxes to open a store and little guy doesnt. Little guy closes shop......loss to tax base and Walmart grows....loss to tax base. Free enterprise???? Goverment has to have regulations for Business. If not we will look like the USA , today.......


Well, here is the rub with capitalism. When you rely upon greed as the sole motivating factor in human endeavors you get what you ask for. It is "free" in that it is utterly without restraint. What we are experiencing here, I think, is the dying days of the nation state. Lots of people will simply claim that the U.S. is boned because it's a bloated and depraved empire, drunk on past accomplishments and self-indulgence. While true, everyone else is going down with this ship too.

The family gave way to the clan, the clan to the tribe... Oligarchies and monarchies passed in time, the modern country has seen its day come and go. Police and fire services are fully privatized in many communities, prisons are built and run for profit. Soon it will be about the company you work for not the place you were born that demands your allegiance. While no government was perfect (or even very good) they at least had SOME responsibility to the welfare of their populations. Business has no such concern or constraint.

The only possible way out of extinction (and corporate domination of human affairs will unavoidably bring us down that road as only short term gain matters there) is to place ANYTHING having to do with the public good to be completely nationalized and wealth caps be placed on individuals. No owning property you don’t live on, no place of business you don’t personally operate, etc.

Totally eliminating any form of personal gain would be destructive as well. After the French Revolution they enforced a civil service that was so obsessed with being egalitarian they didn’t even allow ability to perform a job be a qualification. It was disastrous and helped Napoleon become emperor, a strongman needed to step in and take immediate control.

I don’t see the privileged classes giving anything up though, no matter the ultimate costs to themselves or anyone else. They simply have to go, and on this point I think the French revolution would make an excellent model to emulate. Some people just deserve to die for the things they’ve done. The wealthy of this country fall into that category for me.

Some will say that not all the rich are guilty of crimes against their fellows. I would respond by saying that I don’t care. More people die of poverty every week then bought the farm in that tsunami everyone got so worked up about, but you never hear a word about it. One stupid little blond gets wasted and goes missing in Aruba and it’s non-stop on your TV for weeks. So what if a few of THEIR innocent die for a change?
 mungojoe

Joined: 11/15/2006
Msg: 65
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/19/2007 5:21:59 PM
Here's another one for you. The US deficit has gone from over $400 billion to under $200 Billion just like Bush said it would...two years faster than he promised. Bush can't help it if Congress stuffs the budget full of extra pork-barrelling.

Hmm...

Perhaps a little perspective is in order. That 400 billion deficit (run up by Bush) is DOWN from a 250 billion surplus (created by Clinton).

WOW! The deficit is now 200 billion. Break out the party hats boys (even though it is still 450 billion DOWN from a 250 billion surplus)!
 FoolSurvivor

Joined: 4/6/2007
Msg: 66
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/19/2007 8:36:55 PM
Here in the Bay Area California, The economy has been so hyped up and scamed so bad , causing an inflated price in real Estate and soooo much financial terrorism with so callled creative financing that has bankrupted a lot of familys .
Corporate coruption running rampant. Corporations get soo many tax breaks and are suppose to trickle it down to the real workers doing all the work..but the workers never get a de cent raise so they subsodize their income by useing Equity from their homes and credit cards.....oh on paper the economy is doing GREAT We owe, We owe, We owe, so, off to work we go...
 FoolSurvivor

Joined: 4/6/2007
Msg: 67
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/19/2007 8:48:24 PM
[the one with cash on hand will rule the investment environment in the next 5 years.] Yes But is that cash hound smart enough to keep it hidden and not in a bank??? Remember the Bush family Savings and Loan Scandles....Sooo much for those IRA's Just when you go to retire, all of a sudden they loose money and taze yours with it...or Like ENRON and lock you out from selling stock while they rape and pillage ...I don't get how they did that???If you sell stock don't you need some one willing to buy it for what you sell it for????
ABOLISH THE STOCK MARKET
 michealalamo7

Joined: 1/31/2007
Msg: 68
Conductor:
Posted: 4/19/2007 9:17:02 PM
Some people are never happy..go and live in North korea for a year..come back and tell me how happy you,ve been living in a brilliant economy..Get real people..Life is sweat in the u.s.a.
 CharlesEdm

Joined: 9/16/2006
Msg: 69
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Conductor:
Posted: 4/20/2007 1:32:06 AM

Life is sweat in the u.s.a.


Well that has to be the most ironic misspelling since Tort's "The mind is a beautiful thing to waist"

Life is sweat in mexico, you could live in Ethiopia then you'd be really screwed!
 SouthernMagnolia

Joined: 6/24/2006
Msg: 70
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/20/2007 4:28:44 PM
The markets reached another all time high today thanks to the growing, although slowing, economy. Yes, I keep an eye on the market because it benefits me though my mutual fund investments (anyone with $50 a month to spare can do what I did). Lower taxes equals more money for all to spend, etc. etc. on up., equals more revenue than can be generated by heavy and burdensom taxation. Yes there has been too much government spending, wasteful of course, but what's new there? That's what government does. A surplus only means the government is keeping too much of our hard earned tax dollars (and trust me, they will find a way to waste them). I also keep a close eye on the market for when (God forbid a tax and spend liberal assumes the office of the president). Then it will be time to move investments to safer ground, but I hope things can continue as they are for a while in this great economy. Yes, I am serious.
 JumpingRaindrops

Joined: 2/2/2006
Msg: 71
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/20/2007 5:34:01 PM
"Lower taxes?" You've gotto be kidding me. Now, if I were as rich as the Bush family - yes, those lower taxes would actually amount to something. But for me? I gain about $17.00 a year from those "lower taxes" - meanwhile, my property taxes have gone up, car registration fees have gone up, the arts are being drastically cut at the school my cchildren attend - infrastructure is failing all over the place, because the revenue is disappearing into the void of the bloated Pentagon budget and those much-touted "lower taxes. Add that to the increased cost of driving anywhere, rising interest rates, inflation caused by skyrocketing costs to deliver goods, and the constant chest-thumping about expanding the war(which I think is being done to scare oil prices up,) and I've gotta ask: WHAT "extra money?" Are you serious?!? I know I was better off 10 years ago... and I made LOT less money then.
 bob0colo

Joined: 4/9/2006
Msg: 72
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/20/2007 11:59:51 PM
The markets reached another all time high today thanks to the growing, although slowing, economy.
__________________________SouthernMagnolia

When GM/Ford/Chy lay off 80,000 workers the stock price goes up. Thats a good economy?


I also keep a close eye on the market for when (God forbid a tax and spend liberal assumes the office of the president). Then it will be time to move investments to safer ground
_______________________________
You may want to look at market return based on party in the White House. Would you have vested in the stock market under Ronnie (safer ground). 1982?
 DouglasInMotown

Joined: 8/9/2006
Msg: 73
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/21/2007 8:21:36 AM
That's how it always is.
A dollar has to go somewhere. If Wall Street prospers, Main Street suffers.

Surplus?! We have an 8 trillion dollar debt, and that's by design.
Federal debt is the perfect undercover welath-transfer scheme: it transfers interest money from the taxpayers to the bondholders.
 LoonyTunz

Joined: 8/11/2006
Msg: 74
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If George W bush is doing so bad why is the economy doing so good?
Posted: 4/21/2007 10:40:20 AM
Your economic state was better under Clinton. If you are making payments you don't "own" it, the bank does. Individual experience isn't a good indicator of the economy. Shrinking ghettoes, increased employment opportunities and so on show a healthy economy better.
 gotphish?

Joined: 1/5/2007
Msg: 75
If George W bush is doing so bad why is the economy doing so good?
Posted: 4/27/2007 10:04:54 PM
GM, FOrd, major job loses, should of seen this one coming due to technology, automation, competitive foriegn cars. Lay offs had nothing to do with politics, hell we don't need 80,000 workers to put together 1,000 cars a day the damn industries are losing their asses now days. Higher cost to run the plant, soring medical cost, hell now you got robots to do the job for free. It's just the way things are now day, you lose your job go getcha another one there's plenty out there.
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