If anyone feels compelled to vote for McNut based on whatever lies and smears and beauty queens are being doled out by the GOP, simply refer to this post for a reminder of why all hints of these sociopathic criminals must be removed from office.
Note Bush's sudden concern for the deficit, brought to historical and out of control levels under his watch.
While I'm personally opposed to any tax rebates, Bush is opposed to a second one because at this point it doesn't do him or his party any good. And he's unleashed the magic of the Fed's more hidden and subversive means to fund the economy that really counts in his book- the one of his inner circle.
The criminals will already be walking away scotfree with their bounty intact, our treasury plundered, and some are actually talking about rewarding them by giving them four more years.
That's incredibly hard to believe.
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Bush points to signs that economy is on upswing
Saturday August 30, 11:45 am ET
In Labor Day weekend message, Bush says recent signs should give Americans hope on economy
WASHINGTON (AP) -- President Bush said Saturday that Americans may have cause this Labor Day weekend to start worrying less about the nation's -- and their families' -- economic health.
"There have been some recent signs that our economy is beginning to improve," Bush said in his weekly radio address.
Among the positive signs that Bush referenced was a report Thursday that the overall economy, as measured by the gross domestic product, rose by 3.3 percent in the April-June quarter. This surprised analysts and was a significant rebound from growth of just 0.9 percent in the first quarter of the year. Most credit was given to the $93 billion in economic stimulus payments the federal government has sent to households since May.
However, other economic news this week showed that right after that second quarter, in July, consumer spending slowed to a crawl and personal incomes plunged.
With few stimulus payments still to go out, some economists worry consumer spending will continue to falter. Since it accounts for two-thirds of economic activity, that could send economic growth tumbling again in the second half of the year, particularly given rising unemployment, a continuing credit crisis and the deepest housing slump in decades.
Democrats, including presidential nominee Barack Obama, are calling for the government to pass a second stimulus package to guard against that.
But Bush has resisted, expressing concern about the impact on the budget deficit and insisting the rebate payments will continue to support the economy in coming months.
He praised the impact of the current stimulus package in language that suggested he remains opposed to another.
"The economic stimulus package that I signed earlier this year is having its intended effect," the president said. "Many Americans who received tax rebates are spending them. Businesses are taking advantage of tax incentives to purchase new equipment this year. And there are signs that the stimulus package will continue to have a beneficial impact on the economy in the second half of the year." |
