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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: SiouxPal who wrote (32412)	8/9/2005 4:14:55 AM
From: CalculatedRisk	Read Replies (1) \| Respond to of 361319

Prosperity, where are you? boston.com Some excerpts: The underlying problem is that the vaunted recovery is well over three years old, way past the time when in the ordinary course of events recoveries morph into prosperity. In fact, this so-called recovery is already the slowest and puniest in post-Depression history, despite the fact that the event the country is supposedly recovering from was so minor it barely registered on the scales and despite the fact that the economy has received more stimulus from hemorrhaging deficits and easy money than it has ever received in modern times. ... The other big mess on Bush's watch that is evoking an even more negative reaction is his handling of Iraq. In both cases, positive opinion is below 40 percent. The only reason opinion overall on Bush's job performance remains divided is that this guy who once promised unifying over divisive government keeps pressing every hot button in sight to keep Americans at each other's throats over social issues government can't resolve. The economy and Iraq are, in one sense, linked politically. What links them is credibility. One of the arrows in the president's quiver used to be his image as a straight shooter. On that one, however, steady erosion has cost him the trust of Americans who aren't ideologues. ... To be more precise, the country's median household income after modest inflation dipped in 2001, 2002, and 2003, for a cumulative drop of more than 3 percent, or $1,500-plus. There was a turnaround last year timed for the election, but few experts expect this year's figure to be better than the 2004 data. No wonder, most people are dissatisfied. And no wonder so many Americans worry about the future, given the enormous extent to which growth has come from record government deficits, exploding private debt, the new bubble in housing, and the exploding costs of unending war. Only at the White House might the public be viewed as grumpy and ungrateful. The president gets low marks on the economy because his record stinks.