PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: George Coyne who wrote (423963)	7/7/2003 8:20:08 PM
From: American Spirit	of 769670

9-11 and two wars, a big war bump help GW temporarily. But bottomline a bad economy and many other failures, and GW Bush can easily follow in his father's footsteps. Bush Sr. had significantly higher approval ratings than Junior at this stage in his term. And he lost in a landslide due to a poor economy. The recent stock market gains I believe are unsustainable. They are pricing in the best possible scenario. More important, the jobs continue to be lost, layoffs continue and even the jobs you can get are lower-paying with fewer benefits. And the local and state taxes offset the federal tax cuts so nobody is better off under Bush except a few special interest buddies in defense and oil mainly. Also real estate due to low-low rates, but they can't they low for long. Nor can real estate prices stay so high. Something's got to give. There's actually a bubble in the economy now, a pretty big one.

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