Studio, Are you trying to turn this into a general Bush bashing thread or were you making a point about a “2 recession President” and his economic failures?
> Nope, not according to the official statement. > Happened 2 months after he took office. In the spirit of yesterday’s miracle; you can say the plane didn’t crash until it actually hit the water, but to deny it was going to crash as soon as the engines cut out would be ignoring the facts. This debate of when a recession actually exists is silly. If the GDP is declining and unemployment is going up, you’re in a recession. NBRE said it was March of 2001 because that was when we hit six continuous months of meeting the criteria of a recession, but that means the first four months of this occurred during the Clinton administration. And obviously, a lot was going on prior to then to result in this sustained decline into recession. And btw, this also goes for the current recession we are in. Refusing to call it a recession based on minor technicalities is to ignore the obvious. Aside from being handed a recession, Bush also had to deal with; The terrorist attacks of 9/11 had a major impact on the economy. His administration had eight months to detect and stop the attack but clearly the planning was going on long before he took office. The mess mostly landed in his lap – he did not create it. Enron, WorldCom and others were all products of the Internet paper economy, and their collapse clearly had a major impact on the economy. That mess landed in Bush’s lap - he did not create it. Katrina had a major impact on the economy. Regardless of how poorly it may have been handled, you can not disregard its effect on us. This too landed in Bush’s lap - he did not create it. The explosion of Internet commerce fed the economic boom in the 90’s. This landed in Clinton’s lap – he did not create it. None of this is an excuse, it’s just the facts. It’s intended to show that the simpleton view of Clinton was great, Bush was bad ignores the facts, yet this is exactly what you are doing. Notice, btw, that I am not debating you on the current recession. I’m in full agreement that as a ‘fiscal conservative’, Bush was a nightmare. But lets not pretend Bush was handed a perfect economy, or that some unparalleled economic disasters, not of his making, didn’t occurred during his presidency. On Jan 16, 1:26 am, studio <[email protected]> wrote: > On Jan 15, 4:49 pm, frankg <[email protected]> wrote: > > > Our economy was already in a recession when Bush took office. > > Nope, not according to the official statement. > Happened 2 months after he took office. > > Of course, I've asked repeatedly how the same people didn't > officially > recognize the economy has been in a recession a year before they > said it was the second time... > > > To somehow suggest Clinton was an economic success and Bush an > > economic failure is to ignore some very basic facts. Looking only at > > the numbers and ignoring what was going on misses the point. > > Uh, no I'm not missing any basic facts. > The money was borrowed for the wars, and the tax breaks were from real > money. > That created massive debt. > > You're not answering the question; > what happened to all the money with a superior Republican > economic theory in effect? > Why wasn't it a national strategy to put Americans to work instead of > putting > Americans out of work during a time of war? > > You're not answering the questions, you're making excuses. > > One of those planes that hit the WTC flew right over where I used to > work. > The next day our company had a meeting, and sent our own supplies to > the staging area. > Was our company thanked by the government? > Hell no. > Unless the company being put out of business is "thank you" in > Republican speak. > > The President Bush Jr. said: > "I'll unite the country if elected". - he didn't. > "I'll protect the peace" - he didn't. > "I'll create jobs through tax breaks" - he didn't. > > What, do I need some kind of universal translator to understand what > Bush Jr. > is talking about? > Or do I just need to understand Bushebonics? > Either way, it's not any English most Americans speak. > > No my friend, I'm not missing any basic understanding of Bush Jr. > He's been an unmitigated failure on almost every issue you can think > of. --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
