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

To: jlallen who wrote (420747)	6/30/2003 11:05:34 AM
From: CYBERKEN	Respond to of 769667

In 1860, some 60% of the American population was engaged in agriculture. Today it is less than 3%. The reduction in that medium of employment wasn't due to a mass depression, but to a world GROWING and adopting technology at an expanding rate. Today the standard of living is exponentially higher than it was in 1860. Manufacturing has been going through a "post-industrial" revolution, and heading for a vastly-reduced consumption of human capital, in the same manner that agriculture did. The last 6 years-the Clinton/Rubin deflation-have been an economic disaster, but it has accelerated the essential "creative destruction" and "disruption" by which new economic worlds come into being. We are far far ahead of economically sterile Europe once again. The Democrats have been distracted by a lot of now-obsolete assumptions about the modern world, but the one most damaging to them has probably been their obsession with the decrease in manufacturing jobs. They have been flummoxed by a public that won't accept their propaganda that "Bush lost 3 million jobs". They will continue to bank on obsolete views of the economy, and will be astonished at their huge losses in 2004, for which they will make even more inaccurate excuses. Meanwhile, the Bush re-kindling of the Reagan Boom progresses, and the public senses it..