If bush is so bad then how come the dow hit an all time high of 14 and the economy is great in?

Question

all the republican states,but unlike mine where it is demo. controlled and no work and everyone i meet is moving to republican states to find work.

Answer 1

The US economy historically has succeeded and grown in spite of poor policy decisions on the part of the president, not because of the president's fiscal savvy; with a few exceptions of course. Clinton did not do much for example to stem the tide of rising executive salaries or tackle the trade deficit. Democrats forget that.

If people first cast aside their political affiliations before analyzing economics and government then the task becomes much easier. The overall course of the ship (economy) has been the same no matter who the captain (president) has been. Both Dem and Rep presidents in recent decades have failed to adequately address the following issues:

- Curb dependence on foreign oil
- Curb the power of corrupt corporations that receive billions from the government through various credits and benefits
- Prevent the decline of American manufacturing

I could go on. The point is that the two parties are functionally the same when it comes to economic policy. I'm not talking about what each side says, I'm talking about what each side does: the same exact things.

By the by: the myth that the US invaded Iraq because Saddam was going to trade oil in Euros is ludicrous. So what if it is reported that reserves were converted back to dollars after the invasion? This myth ranks up there with the one that George Soros broke the pound in 1992. The US invaded Iraq to gain a foothold in the oil-rich region. We are like crack addicts that need a perpetual fix when it comes to oil. So we basically came up with an excuse to break into the dealer's house. The oil is why there is a war, not the Euro vs. dollar nonsense. That is a very minor side issue. The world will switch to the Euro as the de facto reserve currency only when Europe outshines the US in innovation. Given Europe's almost socialistic environment, this day is not anywhere close on the horizon.

Answer 2

What's the matter with you? How can you not believe that Bush is bad when the mainstream liberal media says so? They never lie! They never misrepresent! They never ignore stories that would tend to undermine the liberal agenda! They never manufacture "evidence" that would discredit anyone! They represent only the most intelligent, most enlightened, most open-minded, most understanding human beings in the United States, and if you don't blindly accept everything they tell you then you're a narrow-minded bigoted zealot. Shame on you for even suggesting that the mainstream media could be biased, or even worse -- wrong!

P.S.: Mr. Taco obviously hasn't read the news lately. The unemployment rate in this country is now below 4%, which is where it was during the Clinton Administration, but somehow now we're facing devastating unemployment in the U.S., while back then everyone was singing Slick Willie's praises for the low unemployment rate. He obviously knows little about economics either -- Clinton basically sat back for eight years, took credit for an economy that was made possible by Ronald W. Reagan and George H.W. Bush, squandered the surplus created by the burgeoning economy and left it in a state of ruin for Dubya to pick up.

Answer 3

1) The Dow Jones Industrial average is nothing BUT a small factor with regards to the economy. There are other things such as inflation, consumer price index, money supply, and unemployment
2) Inflation is ... pretty bad. The Iraq War doesn't actually HELP the dollar- it makes it worse because the US needs to spend and when you spend while you're in debt... you know what happens. Remember when you looked at the back of books, the book's price in USD was 3.99 but in CAD it was 5.99? Well here's news for you: the USD and CAD is near parity (1.05 canadian dollars per US dollar)! The British Pound is now stronger by a factor of 2. The euro, when it was first introduced was .80 dollars to a euro. Now it's 1.3 dollars per Euro.

Don't let one figure be your judgment in the economy.

Answer 4

Well, that's your partisan opinion based on two things that are unstable and tend to greatly fluctuate. I happen to live in a Republican state (If indeed there is such a thing, except that we have a Republican governor), and our economy sucks. So that's what I mean by a partisan opinion. People will go where the jobs are, and politics plays little part in that. As for the Dow Industrial, I know of nothing that is as variable day by day, hour by hour, as that is.

Answer 5

It does not matter who is President the other party is going to go out of their way to make him/her look bad, and when there is a liberal press it can taint most things. However, I think most everyone can agree Bush has not been a good President, he has made many, many mistakes, and given not only the opposition but also many supporters plenty of fuel to say he is bad. The economy is good right now, but there are many other thinks that range from not so good to bad. Unfortunately politics have deteriorated to the point where the parties can not cooperate on working on solutions, they can only take opposing views. So he who speaks loudest gets heard most.

Answer 6

So then you agree that Bill Clinton was a great President, being that the American economy grew faster during his two terms than any other time in the past 50 years, unemployment was at an all-time low, and a surplus was created, thus eliminating the national debt?

Didn't think so.

Answer 7

The reason is because the War in Iraq was to save the American Dollar from becoming worthless.

The war gaurantees that Oil is sold ONLY in US $$ . Other countries have to convert thier money into US money to get the valuable resource. Bush has gauranteed that our money is valuable but he did it incorrectly!

Now Iran is planning on selling its oil as Euros and the dollar will gradually drop in value and we will hit depression. Sadam Hossain stated he wanted to sell the oil as Euros... That is VERY little known fact and the reason he is dead right now and why we fled into war. NOT because of terrorist.

We are basically bullying the world into using our money so we have an unlimited credit card with the Federal Reserve who prints our money. We are going into debt more and more and China is funding out debt as well to help us out but as soon as that stops or if they convert oil sells to Euros or if chaos breaks out in the middle east USA IS DONE FOR.

We will hit rock bottom and it will be Bushes fault because his father and him continually pressured Iraq into funding America... tthe biggest Oil consuming nation with SUVs and Big Spending politicians and the wealthy.

look it ip

Answer 8

First of all, Bush is NOT bad. I like Bush, even if he can't read. Mispronouncification, hehehe.
Secondly, the stock market is not linked to the government.

Answer 9

its simply impossible to judge a president without considering the kinds of historical forces that have shaped the country and have allowed or disallowed the leader to make decisions based on his own will or the will of his team.