Ah... Was wondering how long it would take for Smash to pop his head in here...
Smasharoo wrote:
Running the economy into the ground and losing the most jobs of any President in the history of the country for three years and then gaining a miniscule statistical number of new jobs by throwing money at the problem at the expense of tax payers...
IS NOT
An economic recovery.
Can we please cut the hyperbole out for just a second Smash? I assume by "entire history of the country", you are including the Great Depression? Need I say more? Or can you conceed that you just are just making stuff up because it sounds good?
Economic recovery, somewhat by definition, is when the economy is doing better today then it was yesterday. Um... so yeah. The fact that people are getting jobs, companies are moving back into the black, and consumer confidence is up are all good solid indicators that we are in fact in economic recovery.
Quote:
Lack of jobs will cost this Administration the election. People who lost their jobs don't take much comfort in the fact that the GFP is up off of the RECORD lows it was driven to by this Administration.
Hmmm... More like the percieved lack of jobs, and only if the Dems continue desperately to try to convince people that things are vastly worse then they really are. While I'll admit that lots of people were scrambling for jobs in the 200-2002 time period, that's an old dog that just don't bite today. I work in the field that was hardest hit during that time period. I think I have a bit better of a feel for how the employment proscpects are right now. They are *vastly* better then they were 2 years ago.
I interview people for IT positions. Trust me. The desperation that some people had a couple years ago simply isn't there today. People aren't scrambling for jobs. They're taking their time and using job interviews as ways to improve their economic position, not just to keep them off the street. Huge difference.
Economics is not a static thing. It's a process. Are you seriously suggesting that the events that went on between 1995 and 1999 had absolutely nothing with the economic downturn of 2000? Every serious analysis of what happened comes to the same conclusion: We over-estimated the growth of many tech fields, especially internet businesses. Speculative investment in those fields led analysists to believe that there was more money to be made there then there really was. This was made worse by the y2k bug, which caused mostly tech companies (the ones who relied most on computer systems) to budget *alot* of extra funds for IT departments in the last two years of the millenium then they would during normal operation, which in turn made the profit margins in IT work *seem* to be greater then they were, which led to more rosy estimates of that field as well. When the bubble burst, alot of companies went belly up, and a lot of people were out looking for jobs.
That's where your economic crash of 2000 came from. It had absolutely nothing to do with any economic action taken by the Bush administration. We would have had the exact same thing happen if Gore had won. Who was president at the time was irrelevant. What's telling is that in less then 3 years, the Bush administration turned what was by all accounts an economic disaster back around. We're now seeing growth in virtually all the areas that crashed in 2000.
Looked at another way: We *didn't* have another Great Depression. Now maybe that's not an accomplishment at all. Maybe we would have recovered exactly as we did if Gore had been in office. But in any case, you can't say that the Bush administation "drove the economy into the ground". They did no such thing, and anyone claiming such is simply spreading mud.
fishtaco. First off. The difference in budget size isn't that great. It's not like Clinton spent 10M and Bush is spending 500M. More like Clinton spent 10 and Bush is spending 11. Still a significant increase, but not on the scale you keep implying.
You also implied from your question what the difference was between Rep spending and Dem spending in general. That's what I addressed. I'm not a Bush fan by any means. I certainly don't think he's the sharpest knife in the drawer. I also am not defending *his* budget. Heck. I've hardly looked at it. I'm defending the Rep economic approach in general (since that seemed to be what you're asking). Remember that we're also arguing about a budget proposal. Congress is still going to have to approve it, and will probably trim some parts and add others. Everyone starts out asking for the moon (or mars in this case), then settles with what's realistic. We have an adversarial system. The "other side" will try to take away stuff just on general principle. You may as well start with more and let them trim, then start with what you want and end up with less. Yeah. It seems silly, but that's the way budgets work.
Um... Just to address one other issue in general. 100% of the Bush budget is not about the Iraq war. It's not a matter of chosing between spending money to shoot people in the face, or spending money to feed the hungry. That's a gross oversimplification that may look good on a protest sign, but has only marginal relevance to what's really going on.
How many people do you know who are starving in the US? Anyone? How much money do we already spend on that? As I said before. If you are giving stuff away, an eternal line of people will form for the handout. At some point we *have* to say: "Gee. We're spending enough on this, let's look at other things". I would hope that we can agree that that point arrives far before 100% of our budget. It probably arrives far before 10% of our economy. So, it's quite possible to fund a war in Iraq without increasing the number of starving people in the US by a single person. The entire Iraq/Afghanistan wars, when totaled and applied to a single years budget cost us less then 3% of our budget. Yeah. That's still a lot of money, but hardly so much that we can't also afford food for our own citizens...