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


To: Kevin Rose who wrote (598366)8/1/2004 4:36:38 PM
From: steve dietrich  Read Replies (1) | Respond to of 769670
 
Bush has a really tough sell on the economy and jobs, all one has to do is check the help wanted ads in their local newspaper to tell he's full of shit. Hence the new terrorist warnings, trying to change the nations focus all the way up to election day.



To: Kevin Rose who wrote (598366)8/1/2004 4:42:37 PM
From: Enam Luf  Read Replies (1) | Respond to of 769670
 
"- Over a million jobs loss since the start of his reign. 50% of people who lost their jobs, and found another, are being paid less than their previous job."

that would make sense seeing as there were way too many people employeed during the boom years, when capital was being deployed haphazardly. in addition many workers were likely being paid too much due to the illiquidity of the job market at the time. many terminated employees were also likely to be in the lower 25% quadrant of job performance. add all these factors up and it is easy to see why they'd be paid less in their next job during a time when the market is more fluid.

"- Huge deficit is record in size, and the debt load/GDP ratio is approaching alarming numbers. Managed to turn a healthy SURPLUS into a RECORD DEFICIT"

by what economic premise do you arrive at "approaching alarming numbers?" have u built a CAPM model for the US government? the deficit is likely to be just as much a factor of the tech bust and 9/11 as tax cuts and the invasion of iraq.

Issues I might agree with you on:

The decision to invade Iraq was ill-conceived and ill-timed. We must be careful, however, not to do anything stupid (like pull out troops) now that we have already stepped in shit.

The environment. While I understand the Bush admin POV (the prosperity of industry will yield greater returns than saving the spotted owl).. I am idealogically on the side of the environment (albeit on a case by case basis, depending on the trade-off). Vegan tree-huggers are as whacked, imho, as the "rape and pillage" industrialists.