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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (188487)	10/2/2001 10:36:09 PM
From: goldworldnet	Read Replies (1) \| Respond to of 769670

Yeah right... goldworld.net goldworld.net ...and the IMF is just a damn slush fund. * * *

To: TigerPaw who wrote (188487)	10/2/2001 11:06:38 PM
From: D.Austin	Read Replies (1) \| Respond to of 769670

>the finest economy that had ever existed.< The deal with the devil required Clinton to keep his mouth shut while a conservative Federal Reserve ran the economy, with a cautious foot on the brake during most of the decade. The Administration, meanwhile, devoted itself to a doctrine of fiscal rectitude, balancing the federal budget. The President embraced major objectives of big business and finance as his own--promoting globalization, further deregulation, the managerial values of efficiency and continued shredding of the old social contract. Leave aside the arguments over whether politics and historic developments made this course unavoidable. The logical results of these policy choices were never a mystery: They would encourage deepening inequality in both wealth and wages and steady concentration of power for corporations and finance. And that is what occurred, probably more dramatically than Clinton envisioned. Has the Democratic Party traded places with Republicans on these central issues of economic policy? Not entirely, but as I have written before, Clinton did essentially govern like a moderate Republican. His accomplishments, when the sentimental gestures are set aside, are indistinguishable from George Bush's. Like Bush, Clinton increased the top income tax rate a bit, raised the minimum wage modestly and expanded tax credits for the working poor. He reduced military spending somewhat but, like Bush, failed to restructure the military for post-cold war realities. He got tough on crime, especially drug offenders, and built many more prisons. He championed educational reform. He completed the North American Free Trade Agreement, which was mainly negotiated by the Bush Administration. On these and other matters, one can fairly say that Clinton completed Bush's agenda. It is not obvious that a Democratic successor in the White House would be much different.

To: TigerPaw who wrote (188487)	10/2/2001 11:19:19 PM
From: David Howe	Read Replies (2) \| Respond to of 769670

<< The cut, or more precisely throwing the income/expense ratio of the government entirely out of whack, is the main cause of our economic malaise. >> You're joking right? I haven't followed your posts, so I have to assume you are pulling our leg with this particular post. The rather extreme economic problems we are now facing are absolutely 0% due to the policies of the current administration. If you are not joking, please see economics 101 and re-post your thoughts. Recessions, especially overcapacity, inventory excess recessions such as this one do not stem from the events of the last year. They are the results of economic and world events from the past 2 - 10 years. The economy goes in cycles. Once the cycle peaks, you don't avoid a dip, it simply happens. You certainly don't avoid it with actions during the past 6 months. Nobody with a brain is actually claiming that the tax cuts are the reason for the recession. They are an attempt to fend off the recession and are failing partially because the cuts are not deep enough, or fast enough. It's very simple. You need to put aside your bias against Bush and take a clean look at the issues at hand. IMO, Dave