Do u think there is a chance that our economy will get better after bush steps down?

Question

LOL Jon B, nothing is Bush's fault

Answer 1

After Bush steps down, things can only GET BETTER.

Answer 2

The economy has been booming. The correction in the housing market is just that, a correction. Based on that correction, the fed has reduced interest rates slightly. Even the experts say we are heading into a slow down not a recession. Facts.

It is sad that just because you don't like the president you think that everything that is wrong with YOUR world is his fault. It isn't. It is essentially a difference of IDEAS that separate the parties, at least it should be.

Based on what the dems are proposing how could the economy get better.
- Charlie Ranel's trillion dollar tax overhaul (this one's a real problem!)
- Expiration of the current tax cuts
- Increasing the capital gains tax
- Raising the retirement age due to depleting SSI
- Maintaing the estate tax
- Universal health care (paid for by whom)
- Higher minimum wage (small businesses suffer - won't higher as many employees)
- More and more earmarks and pork barrel spending (they just got 8000 of them to the tune of $21 of our tax dollars!!!)

So the answer to your question is a resounding NO! The economy will suffer. If the overall tax increases amount to 40-45% of people's income, how do those earned dollars get to the economy? Think about it.

Answer 3

No. They aren't lowering the interest rate to slow down inflation anymore. Instead, they are going to end up raising the interest rate in a couple months to decrease inflation, which a full blown recession will end up hitting us. If we take economic shocks internally or from outside sources after the interest rate is raised back up, then we could land in a very bad depression.

Gas is going to get very high, which it is already affecting the prices of products people buy at stores.

Here is a very good question. Is the reason the price of oil is raising because of the supposed limited supply vs. demand or is it actually because the U.S. is economically collapsing making its currency worthless? Obviously the costs of oil would go up for us if our currency's value is shrinking, which it is widely known our currency is shrinking while some other currencies are growing/fluctuating. Hmm...


Edit:

"Can you come with proof that anything in the current economy is Bush's fault? Please no Liberal rhetoric, actual facts only."

Debt from the war. China is slowly converting the debt we owe them into euros or yen, which in effect is making our currency worthless. What makes me say this? The currencies from a lot of countries are growing/fluctuating, while we have the currency that is being devalued.

Answer 4

we are to far in debt.it;ll take years to clean the mess up that george bush made.we have reserve oil here in this country why don;t we use it now.don;t understand why he is letting prices raise so high.when we can use what we already have stocked up.i thought this is what it was for.the war in iraq is breaking the back of the working class people here in this country.we have a president that does.nt seem to care about his own borders.so in answer to your question.yes the country would be better off if he was;nt president again he left us all with the biggest national debt ever that;s the republicans for you.he;s playing right into the hands of bin ladin.

Answer 5

Why did he even run for office? It's been obvious since 9/11 (about 2 seconds after he stepped in office) that he can't do the job. Then America being the blind, stubborn, stupid bunch of republicans that they are voted him in again.
I still see the Republicans as being the "rich man's" party. Besides look what happens to the economy every time we have a republican in office, they're so busy paying other countries that they don't keep enough money in the US to pay its own people to work. You don't have to be deep into politics to read between the lines people.

Now go ahead, bring on the thumbs down.

Answer 6

He's not going to just "step down".
I think the rest of the civilized world would feel safer investing in the USA again if bush weren't the leader. We might see the dollar start to strengthen again if he doesn't do even more damage before the end. But if we vote in another Bush croonie, who wants to usher in Armageddon himself, we might end up rationing things like they did in WW2.

Answer 7

Who says it is bad? The housing market sucks (not Bush's fault) and not a big deal, it must correct itself. High oil prices (not Bush's fault) and assuming we are allowed to drill the oil we have stateside, it could be alleviated. Raging stock market (partially Bush's fault through tax cuts).

The way it seems that as long as we get a conservative who will extend the Bush tax cuts (and maybe introduce some more) the economy will continue to do good.

Edit:

Can you come with proof that anything in the current economy is Bush's fault? Please no Liberal rhetoric, actual facts only.

Answer 8

I better look up the definition of serenaty again.

Answer 9

yes. Time for those greedy investors in wall street to pay taxes.

Answer 10

I'm really tired of your stupid posts about Bush. He's the President not a dictator. Do you actually realize that we have a democratically controlled congress? This is tired rhetoric that seves no purpose. We get it! You don't like George Bush! Get over it! By the way he is not "stepping down". It's called "finishing his term".