Any liberals wanna tell me how all this is bad?

Question

The Dow Jones topped 14,000 today for the first time EVER and continues to set record highs, earnings are up, payroll is up, profits are up, mergers are up, acquisitions are up, taxes are down, tax revenue is up, interest rates are down, homeownership is at record highs, consumer spending is up, savings and investments are up, unemployment is STILL below 5%, the economy is growing at it’s fastest rate in over 20 years, AND ALL DURING A TIME OF WAR! So let’s hear it liberals. Tell us how all of this is bad! I could use a good laugh!

AMAZING! I list MULTIPLE reasons why this country's economy is booming (which liberals refuse to acknowledge) and all you people can do is to continue complaining about Iraq! Thanks for proving my point libs!

Answer 1

Let's see... unemployment is rising. No good jobs to be had. Wages down when adjusted for inflation. Thousands dying in Iraq. Housing market has been in the toilet for about 2 years now. Foreclosures up. Gas is over $3.00 a gallon. Mergers being up means more lay-offs. Taxes down = fees up, and services cut. Record deficit that grows every day.

Tell me how this is GOOD.

Answer 2

The Dow closed at 11,497.12 on 12/31/1999 and closed today (7/17/2007) at 13,971.55, having increased at approximately 2.6% per year on an annualized basis. Hardly the stuff that legends are made of.

However fully 73% of that growth in the Dow in those 100+ months has occurred since the Democrats regained control of Congress just 8 months ago.

So I don't think it's quite time to erect that statue of George Bush on wall street yet.

p.s. You forget to mention the record deficits but I assume you plan on erasing those with more tax cuts for the wealthy and a few more decades in Iraq.

p.p.s. Stock prices are not about what has happened. They are about what people believe will happen. And right now what is driving the market is relief that W will be leaving the White House soon (albeit not soon enough for most Americans).

Answer 3

Wars usually improve the economy. This one took long enough to work. Oh, does that mean we won now?

Nothing wrong with a strong economy, but it isn't quite as rosy as you paint it. Interest rates are not down--the prime rate has always risen and never fallen since Bush took office, but they may have been too low under Clinton anyway. Homeownership--well, looking at the big picture the figures there may be lying, there are record numbers of people facing foreclosure.

But no, the economy is one thing the conservatives often get right--until they jump off the deep end and try to send us back to voodoo economics. But the liberals usually don't screw up the economy either.

Answer 4

I am usually branded a liberal. Mostly the arguments about liberal this or that are nonsense but for once I must agree that this is a liberal law and even I must admit its a stupid one. I don't agree with defining a crime as a hate crime. It does favor some minorities unfairly. Unless you can prove what a person was thinking when they committed a crime then you cannot prove that it was motivated by hate. You can make a convincing argument but you cannot prove a persons thoughts. The idea is purely political and not based on justice. Why is it more noble to kill a man for his wallet then because you hate his race. Both are equally disgusting. Both are equally repulsive. Both deserve death. Why is it better to beat a man half to death because you enjoy his suffering then to beat him the same because you think he is gay. Both are equally sadistic. The difference is that these hate crime laws make minority groups feel more protected when in actuality they are not. It makes a mockery of justice. If I were a member of the KKK (just an example) and after attending a rally I murdered a African American and took his money and watch, can you honestly prove I didn't kill him just to take his money and watch? Can you honestly say there is no reasonable doubt. And if I did kill him for his property does that make me a better person?

Answer 5

This isn't bad, our President is a lousy leader no matter how the economy is going and that IS bad. He has lied, manipulated, broken this country's laws, allowed others to do the same and to get away with it, he has weakened our rights over and over again, and stole an election. This is what is bad. Is a strong economy a good thing? Sure? Are today's reports based on reality? Who knows. Enron did a good job of fooling folks for years. That is the thing, Bush seriously weakened the credibility of the Presidential office and the citizen's faith in our government. Is this good? Or is a high report from the stock market we should expect of our government? It isn't a liberal thing, it is a common sense thing.

Answer 6

Its not bad, mostly because your not fighting the war on YOUR OWN SOIL. If iraq was invading you (like the ever could) i think things would be a little bit different. Nothing about what is going on with the economy is bad, but lets think of a couple things that are not so great, first you have your health care system that is still in the gutter, the amount your country spent on that costly war could have bought universal heath care for al your citizens, and most likely you would still have a great economy. Nothing about it is bad, it simply just could be better.

-Half a Liberal, Half a Conservative, I love guns, hate wars, hate taxes, like government programs and support legalization

Answer 7

OK, laugh at this, then.

First of all, the stock market has no connection to whomever is in the White House. It's called "everyone wants to get on a moving train." Ask your financial consultant about it. He'll tell you.

Second, call up your local Coldwell-Banker agents and have them educate you on the current situation. It's a buyer-seller standoff; nothing's really selling.

Sales of lower-priced homes are hampered by tighter lending standards that have all but eliminated no-down payment financing.

Also hampering borrowers is an increase in mortgage rates, from 5.77 percent for a 30-year, fixed-rate mortgage in June 2005 to 6.73 percent for the same kind of mortgage last month, according to HSH Associates Financial Publishers.

All across the country, home builders are gasping for air as sales plunge, inventories rise and profits disappear.

The annual pace of existing home sales fell 2.6 percent to 5.99 million in April, down from a revised 6.15 million pace in March. It's the first time the pace of sales fell below the 6 million level since June 2003.

Are you laughing yet? Not if you're trying to sell a home, bucko.

But you keep on praising GWB, buddy...

Everything is always rosy for members of his fan club.

Answer 8

And 40+ million with no health insurance. CEO pay is some 400 times that of the average worker. Working class American has had stagnate wages for most of the last 30 years (save the last 5 years of the Clinton Era). Foreclosure rate is what? Credit Card Debt Rate is What? Personal Bankruptcy Rate is What? National Debt is How Much? Iraq has cost how many lives and how much money?


Yeah Things are going along just swimmingly......

~

Answer 9

of course this is a democrats answer, so you wont value it one bit but it will give you a good laugh.

if you didnt notice, all of the examples you gave have to do with economy. its been tried and proven that economy ALWAYS booms before, during and after a war. and being a capitalist democrat, i love it all, money wise (you forgot about gay rights, abortion, stem cell research, rising unemployment, decrease in value of the dollar, deaths in iraq, a growing divide between the rich and poor, and finally the fact that no good president has 72% of the country against him). of course this economic boom you asked about is not to bush's credit. its due to everyone who sends their child to iraq to fight and everyone who pays the workers of every company. so really this is a question aimed at people who dont like money, and everyone likes money.

if it were a question about what BUSH has done for the economy, you can ask the socialists. however, there are plenty of capitalist democrats like myself who respect these successes just as much as you (but still weep even more for the people who died in Iraq for it).

Answer 10

Actually, the fact that we're having a boom in war time is more the norm than the exception (like you seemed to be implying). No matter what anyone wants to try and credit FDR with, it was the mobilization of our industries for the war that brought us completely out of the depression and ushered in the boom of the 50's economy.

That being said, I do love how everyone always talks about how great the economy was under Clinton, but never give Bush credit for the fact it's better today DESPITE the turmoil that slammed Wallstreet after 9/11.