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| | | | So, WilliamRobert, it is your opinion that an administration can cause and end a recession?
Let the debate begin. Make your case.
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| | | | The two recessions on Bush's watch are indicative of how poorly two term Republican Presidents, Bush & Nixon have been on the subject area of the economy. I would denote that as a serious weakness for modern day Republican Presidents who serve two terms. If I was grading them I would give each an F on their report card for the subject, Economy.
This is not what we experienced with a two term Democratic President William F. Clinton. We actually had a surplus during his administration.
President_Elect Obama's ability to address the economy, the#1 voter concern this year, officially commences on 1/20/2009. Its the #1 reason why I voted for Barack Obama. I have a great deal of confidence in he and his Economic teams ability to address this issue. He will even have former President Clinton at his disposal on this subject.
~ I dig it when you have a smile on your face ~  |
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| | | | As always, Master Lancelot, you ignore the fact that under Clinton Congress was in the hands of the Republicans.
Under President Bush the economy was racing along, DOW 14000, for 6 years until the Dems got control of the Congress in 2006...and then meltdown. The rest is history.
The administration (Clinton or Bush or Obama) can do little to effect the economy. I won't be holding my breath for WilliamRobert to make his case that they can. |
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| | | | People think it's bad now? intereeeeesting.... 
They don't seem to be remotely aware of what's
going to occur when Socialism is implemented.
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A day without blood is like a day without sunshine...
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Religion is regarded by the Common People as True,
by the Wise as False, and by the Rulers as Useful. |
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| | | | The F grade still stands Bree. Two recessions in one administration, the current one the most devastating ever, far out weighs the gains you mention. The debt that future generations are saddled with by Bush are astronomical.
It is appalling what has transpired during Bush's administration in terms of debt, budget and the economy.
Historians will prove (actually they already have) George W. Bush is the Worst Modern Day President Ever. The two recessions in two terms is his legacy.
47 days and counting...
~ I dig it when you have a smile on your face ~ |
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| | | | Still you ignore the facts, master Lancelot, that the economy tanked under a Dem controlled Congress and was healthy and thriving under a Republican controlled Congress during Clinton's terms and the first 6 years of President Bush's terms.
The administration, whether its Clinton, Bush or eventually Obama has no control over the economy. As for the national debt, Bush didn't start that baby, but I certainly don't mind increasing it to secure the nation.
The Clinton legacy is Monica Lewinsky...that's it. There is nothing else.
The Bush legacy is the aggressive and successful War on Terror and the democratization of the Middle East.
I'll take Bush's legacy. |
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| | | | I actually have to examine those facts before i comment bree. I know your prejudice and you know mine.
He's yours for the taking. I can't wait to shed Bush and others.
~ I dig it when you have a smile on your face ~ |
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| | | | And with the top terrorist who got away with murder on his way out
you mean on his way in......with how "the one" has pledged to increase the engagement in afghanistan....where all those innocent civilians are being terrorized and such....
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| | | | "the one" being the frugal terrorist that he is, said he was going to transfer forces from iraq to afghanistan....little to no extra cost involved in his furtherance of that terrorism...
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| | | | Nah, We're not in a recession....just shakes my head
This is worrisome and more, see the unemployment rate projection for 2009
Source: Economy Section NY Times
http://www.nytimes.com/2008/12/06/business/economy/06jobs.html?_r=1&hp
With the economy deteriorating rapidly, the nation’s employers shed 533,000 jobs in November, the 11th consecutive monthly decline, the government reported Friday morning, and the unemployment rate rose to 6.7 percent.
The decline, the largest one-month loss since December 1974, was fresh evidence that the economic contraction accelerated in November, promising to make the current recession, already 12 months old, the longest since the Great Depression. The previous record was 16 months, in the severe recessions of the mid-1970s and early 1980s.
“We see the unemployment rate at 8.6 percent by the end of 2009,” Global Insight said.
~ I dig it when you have a smile on your face ~ |
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