Comments on: The Straight Truth About the Bush Economy

By: Mike

Mike — Fri, 11 Apr 2008 02:50:35 +0000

Mike

From my background I never thought about it that way.

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By: David Kyriacou

David Kyriacou — Fri, 02 Mar 2007 05:54:56 +0000

The economy is a mess.
True.
Guess what.
There is not a thing you or I can do about it.
You live in a country which is a dictatorship controlled by the rich and lucky
of America.
Think.
George Bush obviously did not become president because he is a educated man. He is probably the most incompetent public speaker in the history of mankind.
Money BUYS the presidency.
All things come to an end though.
Time is almost up for the United States of Ignorance.

By: null

null — Wed, 28 Feb 2007 22:38:04 +0000

Yes I have been suspicious that our economy is all a paper tiger or a straw man or smoke and mirrors. I have a Bachelors from a University of California, am a veteran, and I have a real hard time finding a job. I am trying to get a job as a security officer and I’ve been waiting 3 months to get my license approved by the state office. This job only starts at about $10-15 an hr. That’s not counting I have to pay back college loans and try to support myself living in southern california. I may have to go bankrupt. The really annoying things to me is the attitude of the white house and all the cronies put in offices to support Bush. They just fired 8 U.S. Attorneys. That is more than was fired in the last 50 years. I’m afraid Bush is trying to take over the government single handedly.

By: Jamie

Jamie — Thu, 07 Sep 2006 02:00:25 +0000

Why does everyone think everything will be a bed of roses if we can just get the dems back in control. The fact is, neither party will ever do anything that will greatly improve this country because it would mean their own demise. Think Independently

By: Think Progress » Bush Uses NAACP Speech To Promote Estate Tax Repeal, Doesn’t Utter The Word ‘Poverty’

Thu, 20 Jul 2006 16:34:13 +0000

[...] Meanwhile, as of 2004, 24.7 percent of African-Americans lived under the poverty line (up from 22.7 in 2001) — that’s more than 9 million people. The number of times Bush mentioned “poverty” in his speech: 0. [...]

By: Tom Y.

Tom Y. — Wed, 22 Feb 2006 19:25:53 +0000

I wonder what history will say about how many times the USA has had a chance to do the right thing for it’s people and its position in this changing world. It seems that wisdom has deserted our leadership.

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By: Arthur Eckart

Arthur Eckart — Mon, 26 Dec 2005 18:00:26 +0000

My two recent articles are related: http://searchwarp.com/swa30365.htm and http://searchwarp.com/swa28733.htm

By: Lola Luce

Lola Luce — Wed, 14 Dec 2005 03:59:57 +0000

You don’t have to convince me about the economy even though personally I still have a very good job. However I worry that someday I will lose my job to circumstances related in to in your article. I feel that our country is going to suffer a major financial disaster because of this Bush administration. By continuing with the tax cuts to the wealthy and a billion dollars a week spent on this senseless stupid war in Iraq this administration has destroyed our countries very foundation we are falling apart! When that happens then we will most likely be attacked by a group of nations whose people are sick and tired of our hyprocrisy and the smug attitude our present government conveys. This President and his administration has put our country and our people in terrible grave danger. Because of this there needs to be a reckening by those in Congress who have the balls to stand up to this administration and tell the America people the troubles we are in. Then maybe, just maybe the people will rise up and demand that this President be impeached and escorted out of the White House along with everyone in his administration to be charged with crimes against the American people.

By: Aaron

Aaron — Mon, 12 Dec 2005 20:06:00 +0000

I just want to comment on the repeated use of the ‘president doesnt have much of an effect on the economy’ cannard- to wit: I disagree.
Whenever I see these economy performance graphs they indicate quite clearly the differences in presidents.

Check out this post from angry bear. If you look, the deliniations from pres to pres are frequently very clear.

So yes, looking at these economic performace charts shows the presidents have appreciable effect.

By: Marrk Marco

Marrk Marco — Mon, 12 Dec 2005 05:05:47 +0000

Chase the “rich” money! It doesn’t exist…it’s in a never ending loop of corporations and trusts that aren’t subject to heavy taxation….Why do the 23 old ideologs not grow up? It’s a tragic thing to watch…..

By: I-RIGHT-I

I-RIGHT-I — Sun, 11 Dec 2005 23:30:26 +0000

Yet, our Republican dominated state government still insists upon placing â€œproperty-tax reliefâ€ as the deciding issue in this this sad commentary on life under the GOP in the Lone Star State. And yes, Iâ€™m a 5th generation yellow dog.

Comment by Will Bryant

I guess you’ve got your hand out and don’t own any property. You’re no Yellow Dog.

By: Steve J.

Steve J. — Sun, 11 Dec 2005 11:54:13 +0000

The net gain in jobs is only about 2 million for the entire 5 years.

Not even close:

TOTAL PRIVATE EMPLOYMENTSEASONALLY ADJUSTED
(IN THOUSANDS)
BUSH 2
JAN 2001 111560
NOV 2005 112417
NET == +797
SOURCE: http://WWW.BLS.GOV

By: Will Bryant

Will Bryant — Sat, 10 Dec 2005 01:42:49 +0000

I-Right-I comments:

“Texas has a 2 billion dollar surplus. Do you know how many longnecks that will buy? Man, I hate Bush.”

Nice try, but that’s a 2 MILLION dollar surplus. You’re off a few decimal points.

You also neglected to mention the education finance system, which has been in crisis for years. For instance, Texas has the lowest per capita spending per student and the highest drop-out rate – do you think there could be a correlation?

Even the GOP-dominated Supreme Court found that the current system is unconstitutional and gave the state legislature a deadline of June 1st, before shutting down the entire system.

Yet, our Republican dominated state government still insists upon placing “property-tax relief” as the deciding issue in this this sad commentary on life under the GOP in the Lone Star State. And yes, I’m a 5th generation yellow dog.

By: big papa

big papa — Sat, 10 Dec 2005 01:42:12 +0000

Just left the redstate.org snooze parlor…ZZZZZZZZZZZZ!

By: Will Bryant

Will Bryant — Sat, 10 Dec 2005 01:41:38 +0000

I-Right-I comments:

“Texas has a 2 billion dollar surplus. Do you know how many longnecks that will buy? Man, I hate Bush.”

You neglected to mention the education finance system, which has been in crisis for years. For instance, Texas has the lowest per capita spending per student and the highest drop-out rate – do you think there could be a correlation?

Even the GOP-dominated Supreme Court found that the current system is unconstitutional and gave the state legislature a deadline of June 1st, before shutting down the entire system.

By: I-RIGHT-I

I-RIGHT-I — Sat, 10 Dec 2005 00:11:46 +0000

The Wall Street Journal reminds us of what the 2003 Bush tax cuts have done for the economy.
â€¢ The stock market has risen by about $4 trillion in value, and an estimated 40% of that gain is directly attributable to increases in the after-tax return on equities, thanks to the tax cut. (If the tax cut expires, the market will instantly give back those gains.) Housing values have soared so rapidly that the fear is we now face a bubble. Household net wealth has climbed by $10 trillion.

â€¢ Business investment–which had sunk into the abyss during the recession, falling by 21% between 2000 and 2002–has roared back to life. Spending is up nearly 25% over the past 30 months.

â€¢ Dividend payments to shareholders have doubled in two years, according to data gathered by the American Shareholders Association. The cumulative impact of the tax cut and the higher dividend payments has put $100 billion into the pockets of America’s burgeoning investor class.

â€¢ The macro-economic signs all point to a solid, sustainable expansion. Employment is up 4.4 million and real GDP growth has averaged 4%–or twice the OECD average–since 2003. Today’s unemployment rate of 5% means there are now roughly one million more Americans working than were projected before the tax cut.

â€¢ Oh, and yes, there was a $120 billion reduction in the budget deficit in 2005. That’s because tax receipts rose by more than in any previous year in U.S. history, even adjusting for inflation. Receipts were up by $55 billion above projections in 2004; $122 billion above projections in 2005; and are already running well ahead of projections so far in fiscal 2006 (which began in October).

â€¢ Finally, we wonder if any of the faux debt-hawks in Congress noticed that thanks to the sizzling economy, states and localities are now running hefty budget surpluses, reversing years of red ink and painful service cutbacks. Even New York City–which for years looked like the U.S. version of debt-plagued Argentina–is back in the black.

Texas has a 2 billion dollar surplus. Do you know how many longnecks that will buy? Man, I hate Bush. My stocks are up my taxes are down and damned if gas isn’t below 2 bucks a gallon again. Cut taxes and increase revenues. It works every time it’s tried. We can thank John F. Kennedy for showing us how it’s done.

By: turk fowler

turk fowler — Fri, 09 Dec 2005 16:55:58 +0000

Markets also foil collectivist tax raises. “Rich” people avoid them and the uninformed people end up paying them. Public policy, by it’s very nature is group policy. It does not accurately predict individual behavior, which is why government is a poor distributor of money. The principle of the above post had reality and fantasy built into it but it was well written….just contradictive. To talk about the fallacy of collectivist Schemes and end the article with a collectivist scheme was very funny! If I didn’t know better, I’d think a rightwing nutjob like myself posted it to be smart ass……

By: big papa

big papa — Fri, 09 Dec 2005 16:30:53 +0000

Marrk Marco #36

GM, Northwest Airlines, Delphi, and every other bankrupt corporation is in that position because of one common thread: INSURANCE PREMIUMS

The federal government has allowed “healthcare” AND THE INSURANCE SPECIAL INTEREST GROUPS (more succinctly the thieving executive twits- Frist, HCA and Co.- and their greedy co-conspirators in the House and senate who work for State Farm, AAA, and the HMO’s) to bankrupt this country!

Hillary and Bill tried to do something about this monster but you republiscum vilified, and laughed them down!

A curse on all Bush loving traitors houses, may you all (or members of your households) become seriously ill, lose your jobs and health insurance, have to file for bankruptcy, have to move into government housing projects, file for public assistance, and be turned away!