The economy is about to go off a cliff. The sugar high growth rates caused mostly by government spending including the war (GDP includes debt spending as "positive" growth so is the wrong measurement to use), have created such mammoth deficits that unless Bush is bounced out the federal government faces bankrupcy or further devaluation of the dollar, already down 35% under Bush.
Record high energy prices are bringing back inflation, interest rates are overdue to pop back up and the stock and real estate markets are unsustainable bubbles. Worst of all, the trillions in deficit spending have not only not created jobs, but have been accompanied by 1.5 jobs lost, including 2.75 million precious manufacturing jobs lost. In other words, we're the Walmart nation now, wages are down, health benefits are down, health costs are way up, tuitions are up, local taxes are up, energy prices are way up and Bush refuses to change course. So if you're suicidal about the economy or someone already rich who's a miser and has hedged against the dollar's fall, vote Bush. |
