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Harry Krause
 
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Default Bush administration good for boaters!

Doug Kanter wrote:

"Harry Krause" wrote in message
...


During Clinton's eight years, some 22 million jobs were added to the
economy.


Fun facts (and don't think I'm slamming Clinton's entire record, because
Bush would've done the same thing, if he could figure out how):

One way Clinton created jobs was by personally lobbying the Saudis to be
sure they made a series of enormous commercial aircraft purchases from
Boeing, instead of Airbus. Just one problem: They couldn't afford to pay for
them, so they finagled the cash in a number of other ways. One reason they
couldn't afford the purchase is that Saudi ministers get what they quaintly
call "commissions" when foreign companies sell to them. In the case of the
aircraft, estimates of the commissions range as high as 45% of the purchase
price. Similar commissions are paid for the purchase of military equipment.
Saudi Arabia is the single largest consumer of American defense machinery,
next to our own armed forces. They buy the stuff, but don't use it much,
since we're pretty much their sworn protectors in the region.




What's important is that the Saudis bought from Boeing, not from Airbus,
and while I am aware that Boeing buys supplies from all over the world,
buying Boeing planes means jobs for Americans and buying Airbus planes
mean jobs for overseas workers.

 
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