posted 08-29- 06:42 PM               

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Well this bone head is a regular genius. First
of all he's sat back on his ass and let the
economy take a pretty good shit. His only
answer to it was to give his rich buddies
a hell of a tax break. So big of a break that
now there is not enough surplus to cover it
and social security will have to be dipped into.

His comment: "Recovery takes a long time."

No shit Shurlock. It looks to me like it's going
to take until a democrat controls the White
House again.

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posted 08-29- 07:57 PM               

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SS won't have to be dipped into if the Demo's quit spending so much.

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posted 08-29- 08:36 PM               

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Smokey, dude, the numbers for the economy were tanking 4 months before W got in office. Gas prices had skyrocketed in the summer BEFORE W ran for office. A study of economics (with a teacher who studied economics, not Democratic party politics) indicates that W's doing the right thing to stimulate the economy, which is to cut taxes and move money to the hands of the consumers. Works every time it's tried. Oh, by the way, studies now show that the Silicon Valley stocks began to tank...
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when the Justice department went after Microsoft. It's not like the JD didn't have something of more importance to do, say investigate issues of national security, like say things involving Red China...

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posted 08-29- 08:50 PM            

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The tech stocks dumped because of the MS anti-trust suit? Give me a break!

Tech stocks dumped because venture capitalists' and investment banker's get-rich-quick schemes ran out of steam and the day traders all realised that dogfood.com was a shitty idea.

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posted 08-29- 09:20 PM               

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Yeah, well, the Microsoft thing was a stretch, though I have a hard time discounting the chilling effect of the federal government going after them like that.

Or, maybe is was the vision of Janet Reno coming after you...

But, the rest is rock solid. Blaming Bush for setting this economy downward is to ignore the clear facts that preceeded even his campaign.

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posted 08-30- 12:19 AM               

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I just saw a chart on the news comparing the US economic growth rate over the last 18 months. The first quarter of 2000 it was over 6%. It has been under 2% each quarter since. So beginning April 2000 the economy has faltered. That's 10 months before Bush became President.

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posted 08-30- 07:29 AM               

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Yeah and there hasn't been shit done about it
since Bush became president. I think this guy
has had about a long enough honeymoon.

I guess now the justice dept. shouldn't go
after a corporate law breaker because it might
upset the stocks in that sector.

I'll take some of that faltering economy in
the spring of 2000 compared to what we have
now.

[This message has been edited by Smokey (edited 08-30-2001).]

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posted 08-30- 05:03 PM            

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What we probably need is a Bigger tax rebate and a lot less pork from both sides!
http://www.foxnews.com/story/0,2933,33234,00.html

weasel...

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posted 08-30- 05:25 PM            

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Yeah, a good place to start is killing an $18 billion dollar defense increase. Its insulting to hear them complain about $300 million in tax cuts to encourage alternative energy when they want to piss away 60 times more on a missile shield boondoggle.

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posted 08-30- 05:25 PM               

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Of course, weasel. But limit spending? The demo's will never stand for it. Besides, you quoted Fox News and everyone knows it's run by the Republican party.

If the Bush tax rebates ($40 billion) caused this $180 billion surplus reduction then the demo's should propose a tax increase, right. No, they would rather point fingers than come up with a solution. And they don't have the balls to ask for a tax increase when we are still running a surplus. When did we ever tax ourselves out of an economic slowdown?

Besides, this is still the 2nd biggest surplus on record. The Demo's are just pissed because they don't have anymore money to waste.

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