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How come five years of the wonderful Bush Administration *still* hasn't
restored the economy & the stock market to what it was prior to 2000? The economy is great. Unemployment is low, and GDP is up. Really? Let's see what the pros say http://www.bea.doc.gov/bea/dn/home/gdp.htm Hmm, 3.5% which isn't bad, but it darn sure isn't "great." The previous quarters were less though. So why are we having layoffs, huge gov't deficits, dropping the prime rate, increasing trade imbalance, dropping dollar, etc etc? Oh wait, none of that is happening in Hooray-Bush-&-Cheney-World. ... The stock market is undervalued IMHO. That's a great excuse. First it was overvalued under Clinton... right... now after almost 5 years of the great Bush/Cheney leadership, it's still not as good as under Clinton... Does anybody else buy this lame BS? When will you start pointing to all the great accomplishments of President Bush, instead of blaming others for stuff that he seems to have screwed up? Besides the short recession that he helped us recover from, Really? When was that? ... and the democratic elections happening in Afghanistan, Iraq, Egypt, and even Saudi Arabia (at least on a local level)? And the fact that more countries than ever hate us, more terrorism than ever, worst military preparedness ever, etc etc. I guess a few elections (which seem to be mostly installing America-hating radical Muslim theocracies) are something to crow about, all right. ... Tax revenues are a function of GDP...which was not growing at a rate large enough to pay for the increased spending necessary to support a war that was started in our backyard. You mean voodoo economics still doesn't work? Of course it works. That's why the recession was so short-lived. Then how come you're claiming 3.5% GDP growth is "great" and sputtering over trying to explain the HUGE deficit, the trade imbalance, the falling dollar, the layoffs, the "undervalued" stock market, etc etc? That's funny, I thought if we reduced taxes on those bazillionaires, they'd all go out and order new yachts or something, and the economy would boom again... It is booming. Really? BTW noticed they're lowering interest rates again? They do that when the economy is booming, right? They're doing that to offset spiking energy costs. Wait, I thought spiking oil prices helped the Top Secret Cheney Energy Policy? It certainly seems to have boosted oil company stock. If only the liebrals could comprehend Econ 101 NOYB wrote: They'd have to learn math and deductive reasoning first. Ain't gonna happen in our lifetime. Thus, they all must be assimilated...or wiped out. Yeah, that's the answer... kill all the disbelievers... DSK |
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