Quote:
Originally Posted by Fireal
Bush is a fucking moron who has fucked the economy up soo bad its not even funny.
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Please. Educate. Yourself.
He inherited a six-month old recession, dealt with the tech crash, the bursting of the Dot Com bubble, the fallout from NAFTA and the worst terror attack on the country since Pearl Harbor and subsequently the worst stock market crash since the Great Depression (which alone cost 1 million jobs over a period of three months).
Despite that, Alan Greenspan and the Bush Administration have managed to see the GDP increase every year, the average household income increase, the percentage of home ownership increase, control inflation, keep the CPI following the same track it has for the past decade, create 1.8 million jobs in a single year and provide tax cuts to all Americans.
Considering the obvious increase in Homeland Security as well as the war in Iraq, he has done all this with a defecit that is not unreasonable and could be corrected within another 4-year term (unlike some presidents, I would hope that Bush won't gut the military, intelligence community and a dozen government aid programs in order to leave the next president with a surplus that only exists through creative accounting. Talk about sabotage.).
And the very, very best part of the whole thing. Kerry tries to blast Bush on feduciary responsibility, meanwhile he has proposed to spend over one trillion more dollars than Bush during his term. And he is apparently going to pay for all of it with a couple of hundred million that would result from the repealing of the portion of the tax cut received by the wealthiest 20% of America. That's right, he'll raise taxes all the way down into the middle/upper middle-class. Think it's going to stop there? Yeah right.
We'll have a defecit with Bush and we'd have one with Kerry. Personally, considering every other developed nation in the world operates with a national debt and quite often with a defecit, I'll follow suit and enjoy a more vibrant domestic economy rather than watch us lose jobs because of a tax hike or because some numbnut pushed minimum wage up over $7.00 (which is way off percentage-wise).
If you have legitimate questions, ask away.