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basskisser
 
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"jim--" wrote in message ...
"basskisser" wrote in message
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"Greg O" wrote in message
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"Greg O" wrote in message

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As suspected....it's all Clinton's fault!!

I knew when given the facts you could not argue the point!
Greg

You gave nothing but unsubstainiated opinion. Here are facts:


-- When Bush took office on Jan. 20, 2001, the Dow Jones industrial
average was at 10,587.59. It closed Tuesday at 9,944.67.

-- When Bush took office, the unemployment rate was 4.2 percent. It's
now 5.5 percent, according to the Labor Department.

-- When Bush took office, U.S. consumer debt totaled almost $1.7
trillion. It's now $2.038 trillion, according to the Federal Reserve.

-- When Bush took office, bankruptcy filings during the previous year
totaled almost 1.3 million, down 5 percent from a year before. By Dec.
31, 2003, bankruptcies had hit a record of nearly 1.7 million, up 5.2
percent from 2002, according to the American Bankruptcy Institute.

-- When Bush took office, the federal budget had been balanced for
three straight years and was, in the 2000 fiscal year, running a
surplus of $236 billion -- the largest in U.S. history. The White
House is projecting a record budget deficit this year of $445 billion.

And I would have bet that no matter who was the next president after
Clinton, things would not be very much differant, Dem or republican.
Did you honestly expect the economy to keep running at the pace it was??
We
were due for a slow down, the next president in office had nothing to do
with it!

Before the election I was moving my investments out of the stock market
to
bond funds. About one year ago I moved back into the stock market! Damn!
I
am smelling like a rose! Right now I am a bit befuddled on what to do,
run
and hide back in bond funds, or ride out the electin. It is a bit harder
to
tell what the market may do. I expect a dip, no matter who wins, but how
much of a dip?!
Greg


The way BushCo is butchering the economy, there is no telling what
will happen next. The trouble is, we (the government) are so far in
debt now that it will take some drastic changes.


So how is Bush "butchering" the economy bass?


1. Price of crude
2. Running the largest defecit we've ever had.
3. Even Federal Reserve Board Chairman Alan Greenspan has repeatedly
said that a tax cut without reductions in federal spending would send
our deficit into a tailspin, but Bush did it anyway.
4. Bush promised, while campaining, that if elected, there would be a
"new era of responsibility. He's not been responsible at all, and even
goes so far as to blame China for OUR butchered economy.
5. That's about it, blame someone else, don't take another look at his
hideous tax cuts, no rethinking GATT or NAFTA, and certainly don't
take any advice from someone who actually KNOWS how the economy works.
6. Insulting foreigners, the Chinese in particular, every time he has
to give a speech, by saying inflammatory things, say tough-sounding
things, like that "he wants to send a message overseas that Americans
"expect there to be a fair playing field when it comes to trade."
7. He put approx. 3 million people out of work.
8. He sold America out to special interests.

All in all, BushCo is painting a rosy picture, and you righties that
are lemming-like, eat it hook, line and sinker. The rosy picture isn't
there. The economy is still ****ed up.