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Politics : The 2004 Bigmouth Election Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (348)	6/10/2004 4:32:49 PM
From: Oral Roberts	Read Replies (2) \| Respond to of 588

Jorj, talking with KerrySpririt is very much smacking your head off the brick wall. You will accomplish nothing and it will feel so damn good once you stop:)

To: Jorj X Mckie who wrote (348)	6/10/2004 7:57:04 PM
From: American Spirit	Read Replies (2) \| Respond to of 588

What bust? The recession started March 2001, not during CLinton's term. The CLinton economics would have seen us through. Pay as you go works. In fact it's the only way except when a jump-start is badly needed like when Reagan took office. The recession was also partly caused by the awful phony energy crisis which we now know was perpetrated by Bush-Cheney's closest friends and allies. That staggered the California economy which is the engine of the entire US economy. It was a deliberate massive ripoff by the Bushie Texans. What idiot takes a balanced budget, lowers taxes and ups spending, wages two wars, introduces a new federal department and new prescription drug program laden with corporate pork and no way to pay for any of it? This is way off the map reckless voodoo economics. Even Reagan worshippers like Jack Kemp agree with that. Bush Jr. is literally driving us toward bankrupcy. The 35% drop in the dollar is an accurate gauge of what the rest of the world thinks of Bushonomics. Also notiuce more energy gouging now. Under Bush the gougers think they have carte blanche. And they're right. Ditto the health care gougers. Bush Sr. was not an extention of Reagan. He had to pay off Reagan's staggering debt, much of it caused by the terrible S+L debacle which was the result of Reagan over-deregulation, political corruption and lax enforcement. Bush Sr. then cut defense spending and raised taxes in a desperate attempt to balance the budget. Bush Sr. was smart though the way he handled the Gulf War. Junior should have consulted with his real father instead of a "higher father" before he rushed into war over there. Get your facts straight.

To: Jorj X Mckie who wrote (348)	6/10/2004 10:56:03 PM
From: Lazarus_Long	Respond to of 588

You're talk sense to idiocy, Jorj. It's hopeless. St. Louis Fed data says there WAS no recession, using the classical "two quarters of negative GDP growth" method. research.stlouisfed.org The National Bureau of Economic Research, generally taken as the authority in these matters, says a peak of economic activity occurred in March 2001. nber.org Bush had been in office all of two months at that time. Blaming the resultant decline on him is totally absurd. AS may argue other economic policies of the Bush administration were mistaken, but a claim the recession is Bush's fault is absurd. The stock market is a leading indicator for the economy; in fact, it is one of the values that go into the widely publicized leading indicator value that is released each month. ALL the major indices had peaked and started down before Clinton left office. stockcharts.com[g,a]daclnnay[d19990101,20021231][p]&pref=G stockcharts.com[g,a]daclnnay[d19990101,20021231][p]&pref=G stockcharts.com[g,a]daclnnay[d19990101,20021231][p]&pref=G stockcharts.com[g,a]daclnnay[d19990101,20021231][p]&pref=G stockcharts.com[g,a]daclnnay[d19990101,20021231][p]&pref=G I'm basically with you. There are cycles of varying and unpredictable length in economic activity. Presidents love to take credit for economic expansions; their detractors love to blame them for the contractions; neither is true.