PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: AK2004 who wrote (512593)	12/18/2003 5:56:16 PM
From: Lizzie Tudor	Read Replies (2) of 769668

re: The US economy is either 70% or 80% consumer based and that implies what? This implies that if you want to stimulate the economy you need to be sure "the little guy", aka the consumer gets the stimulus. Bush doesn't do that, he employs a trickle down approach which really never worked all that well even in the 80s but in an era of globalization doesn't work AT ALL. The real reason for the trickle down theory is a way for neocons to pillage the public treasury though, so I doubt they really care that they are creating more poverty.... UNTIL some of their donors like the CEO of best buy complains. I read some of the Bush supporter sites a few months ago when that 7% GDP was first announced... it is obvious there is a real lack of understanding as to what this means to the American economy... not too much. There is a small handful of well connected people who benefit from a 7% GDP of this variety. I am sure this retail season will be better than last year (it kindof has to be, 2002 was the worst retail season in 30 years) but it will not approximate anything we had in the 90s with half the gdp imho.

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