Why does Bush brag about deficit reduction when unemployment is 4.6% and we still can not balance the budget?

Question

I just wanted to raise awareness. Good article:

http://www.washingtonpost.com/wp-dyn/content/article/2006/07/19/AR2006071901789.html

Answer 1

Deficit reduction, unemployment, and a balanced budget are not directly related. You might as well ask why the price of oranges in Florida effects the number of blue eyed people in Iceland.

The deficit reduction is due to higher tax revenues. Low unemployment is due to a strong economy. A balance budget (or unbalanced) is due to Congress spending money it doesn't have to buy votes. If you have a problem with the budget, blame Congress, it's their responsiblity (look it up in the Constitution).

Answer 2

I can't give Bush any help on the deficit. He's overseen one of the largest government expansions since FDR. But it might interest you to know that economic theory holds that 3-5% of the working age population is considered unemployable. 4.6% unemployment is stellar in any industrialized society. Also, as with the Clinton years, I don't attribute the unemployment rate to anything Bush has or hasn't done. It's all about what's going on in the economy. The economy is doing pretty well so unemployment is low - same as during the Clinton years.

Answer 3

LAUGH OUT LOUD!!!!!!!!!!!!!!

If you really wear a hat like you have on your avatar, I suggest you remove it because it is squeezing your brain.

When Clinton was in power there were no balanced budget, and unemployement is at all time lows. Did you know that anything under 5 percent is considered full employment due to the fact that anything under that is mostly due to daily friction of the job market as people move, quit, find other jobs, or start their own business or become self-employed.

There are many reasons to complain about Bush, YOU PICKED THE WORSE ONE YOU IDIOT.

Answer 4

Oh come on now, anything under 5% isn't so bad. Let's bash Bush for the right reasons. He's an idiot and a thief and a killer. Isn't that bad enough? And , besides, the only reason unemployment is as low as it is is because Bush sent all the young people in the country off to war.

Answer 5

4.6% unemployment is EXCELLENT. A deficit reduction is ALWAYS a good thing. Even your precious Clinton couldn't balance the budget... as usual he lied to suggest that he did when in actuality he stole from Peter to pay Paul.

Answer 6

When unemployment is 4.6%!!!!!!!!!!!!!!!!!!!
Do you realize how awesome that number is????????????????????

Have you actually done research on your own, like the historic levels of unemployement in this nation, as well as the average unemployement rate in this nation............and you are still complaining about unemployement????????????????

Or the fact that more people own their own homes under Bush than in any president ever????????/ And under Bush, more minorities, especially Blacks, have made gains into the middle class than any president ever????????

But I suppose facts are irrelevant when rhetoric runs your mind.

Answer 7

Maybe the same reason Clinton did, oh by the way unemployment is at an historical low, yeah that's right lower then Clinton's!

Answer 8

Would it be nice to give credit where credit is due...4.6% unemployment, deficit reduction. Those are great points..... Glad I am not president, nothing but whiners here.

Answer 9

You need to learn the facts. The norm for unemployment is 5%. 4.6% seems pretty good to me.

Answer 10

You forgot to mention that that due to the tax cuts the govt took in 40% more revenue than in the clinton years..lol i just noticed you goto the wash post for your news lmfao you poor sap :)