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Politics : Don't Blame Me, I Voted For Kerry

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To: Lizzie Tudor who wrote (59197)3/25/2005 6:22:01 PM
From: Sully-Read Replies (1) of 81568
 
"name one other period on record"

- That began with a new Administration taking over with a
stock market bubble having already burst. This caused huge
losses of jobs & numerous billions of revenues to stop
flowing into the treasury as unemployed workers were not
paying taxes (they were now drawing benefits) & capital gains
revenues from the stock market bubble evaporated.

- Then shortly thereafter, the country is hit with a horrific
terrorist disaster that caused more than a trillion dollars
in economic damages. Only then did we become aware that the
previous Administration had decimated our military &
intelligence capabilities (helping to create the faux
surpluses back then). Untold billions had to be spent to gear
up for the GWOT & to prop up an already faltering economy.

- Then shortly thereafter a series of hugh corporate scandals
are disclosed that ALL happened during the previous
administration. These huge scandals caused widespread
distrust in equities causing further damage to securities
markets, the economy & revenues to the gov't.

- Then shortly thereafter the recession ended.

And it's all Bush's fault!

Ah, reality. It's so...... real.

“Most people nurture the facts that confirm their world view and ignore or marginalize the ones that don't, unable to achieve enough emotional detachment from their own political passions to see the world as it really is.” - David Brooks
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