<font color=blue>"What I mean is that how many people would be in a position to provide a YES answer to the question: "Are you better off today that you were 4 years ago.""<font color=black>
Yes & no. Bush inherited an economy spiraling into
recession. The Nasqaq had dropped more than 50% before
Bush was sworn in. Then less than 8 months into office,
the US was hit with the worst terrorist attack in history.
That was followed by several corporate scandals from the
Clinton bubble years that rocked the markets, investor
confidence, etc.
One million jobs vaporized on 9/11. The immediate economic
damage was close to $100 billion & probably exceeded one
trillion overall over the next 18 months.
Due to Bush's economic policies & his handling of the WOT,
the economy only suffered a mild recession when we could
have gone into the tank for years very easily.
Regardless of how your question is framed, if you don't
look at the events in proper context, you won't be able to
make a reality based conclusion about Bush's overall
performance.
<font color=blue>"Senior citizens who are faced with a 17% rise in their premiums. Those working $10/hr jobs instead of $35/hr jobs before Bush came into office. etc. etc"<font color=black>
Senior citizens are going to see a large increase in
benefits too. Don't you think they should help pay for
part of it?
As for those alleged $35/hr jobs that are gone & folks are
forced to work for $10/hr, how about some real statistics
to show this has really happened to a significant number
of Americans. And while your are at it, show me that this
is unusual to the Bush Admin as compared to others in the
past.
We are moving to a global economy. That does mean change.
And unfortunately there are some factories that have
closed because they can't compete. Sometimes it's due to
the unwillingness of unions to work with the companies to
make it work. Other times it isn't.
In any event, given the economy Bush inherited, 9/11, the
corporate scandals from the Clinton bubble, etc., we now
have only 5.4% unemployment, incomes are growing & the
economy is growing.
Not too shabby IMO. |
