who agrees with this statement? a hint.. "Everyone has benefited from this economy" ?????

Question

>>>>>>>>"Nearly every American has benefitted from this economy. Exports are up and our trade deficit is shrinking. Employment is very high-95.3% of the workforce is working. The economy has expanded and inflation is still low. Jobs continue to increase, and so does the GDP. The Bush tax cuts have created profits for our employers, so tax revenue increases at a faster and faster pace each year. Government spending is down this year because Bush is using his veto pen. Because he is doing that, we will likely be very close to a budget surplus by the time Bush leaves office.>>>>>
just an answer from one of our own in here...
Agree , Disagree?

This is not my answer.. I am curious about the rooms reaction to it's assertion only.

This is not my answer.. I am curious about the rooms reaction to it's assertion only.

educated economists do not agree... only on the dole puppet head media economist agree

Answer 1

Tell me how I've benefitted. I lost two jobs in the last year due to downsizing because the jobs were sent to China. Profits for employers doesn't do much for working Americans do they? The rich get richer etc etc etc. You right wingers spin this crap anyway you want to but the truth is your patron saint "W" is a jerk and has done more to harm this country than any President in history!

Answer 2

I disagree. Exports are up because of the weak dollar. This also decreases the trade deficit. Inflation is low because the Fed has cut interest rates, if they left things as they should be, inflation would be high because it costs more American money to purchase goods than it did years prior.
Tax cuts may have produced profits for corporate America and the elite, but for those in the middle, many of us still live paycheck to paycheck because American savings are at an all time low. Worse yet, more people are living off of credit - a net result of lax regulations in the few previous years prior to the mortgage bubble bursting. Tax revenues are fueled by consumer spending, and I imagine when those credit lines are maxed out, the spending will decrease (as we've seen this holiday season) and thus will the tax revenue.
It's a rosy picture they are painting but it is not true.

Answer 3

I disagree but only from my standpoint, I don't know about "nearly every American".

My wife's job was sent to India a few months back leaving us a single income family right now since she can't find anything right now that pays enough to make it worth it for her to return to work.

In addition we've seen our taxes go up over the past few years. True income tax is lower but we now pay higher state taxes, property taxes, local sales tax and government fees for things like drivers license, vehicle registration, etc. which I include under the taxes category in my budget.

As for inflation, if it's under control it sure fooled me. Seems everything has gotten a lot more expensive over the past year while my income has not came anywhere near close to keeping up.


As for government spending being down this year, you credit that to Bush. I don't follow politics all that much but isn't it only down compared to the record high that it reached under him and the Republican led Congress? Anyway, I don't really care who is responsible for spending being down, I'll just blame it on gridlock due to one party controlling the White House and another controlling Congress which in my opinion seems to be when the government works best mainly because they can't screw anything up.

Answer 4

An excellent example of cherry-picking only the favorable stats while ignoring the unfavorable.
In fact we aren't in anyway close to a budget surplus, that's fantasy, unless that Bush veto pen that hes found this year, goes so far as to totally constipate government.
Which it may since hes shown himself unwilling as a little boy to share his porridge.
It also ignores the fact that most of the war funding has been extra budgetary so it won't scare the few conservatives that haven't caught on to his profligate ways.
Oh and the cost of living now that oil has tripled and food had gone up, but that doesn't count in that list does it? Neither does the fact that while what most Americans use, need and eat and live goes up, income has gone up very, very, slightly at three percent.
Of course we live in the real world, who knows what Bush lives in.

Answer 5

Yes exports like used cardboard boxes back to China to ship crap back to us which is now our 5th largest exports. Even if I believed that employment is higher then 1998 all we get is low paying service jobs instead of mid paying manufacturing jobs. Government spending is down but up from 1998. Inflation is little concern to average Joe because things like food, gas, and heat for the house are not figured into inflation. And with the tax cuts they are made up at the gas pump. I think the American people have had enough of conservative economics with falling bridges, power outages like on the east coast and delayed help in disasters we are close to the state that we were in prior to the Republican Great Depression.

Answer 6

I have noticed less taxes removed from my check, and a higher return. I have seen that more money is going into the Washington, and that more money is going out. I have noticed an increase in my fuel, causing a rising cost of nearly everything else. I see less people at the job bank, looking for work, but no real decrease in highway beggers.

All this tells me the country would be doing great, if DC would quit blowing money. Now, let's see if we can get the neanderthals to back off, so we can start drilling our own oil again, and bring the cost back down.

There is is a guy on this post named "Lib that reports reps who post" or something like that. Check out his profile, what an absolute COWARD! No IM, No email, can't see he past answers or questions. Typical liberal freak!

one last edit, but a few facts the libs like to leave out. It is NOT the job of government to health insurance, welfare, social security, or medicare. It IS the job of the government to protect the borders, and it's national interest, and make laws to protect the citizens, As long as liberal freaks continue to ruin this nation by hiding behind the same constitution they're pissing on, and we let them do it, then this country will never be a strong as it once was.

Answer 7

All agencies might income from hiring the best people - no, no longer inevitably. there is e book sensible, and there is street sensible - the former in accordance with intelligence, the later in accordance with journey. a mixture of the two has a greater desirable universal application. there is intelligence, and there is character - back, the mix of the two attributes has a broader application. there is solitary intelligence, and there is group intelligence - the best individual in the international, if incapable of working with others, could be greater of a seize 22 subject than an asset in a agency. it somewhat relies upon on the circumstances; the backside line is to be sure the main suitable function standards for a particular place, then hire the main suitable individual, no longer inevitably the best, to fill that place.

Answer 8

You are also measuring everything from when Bush totally Fu**** everything up. It's not really a great accomplishment if you are measuring against yourself, especially when you've done so poorly in the past.

Tax relief towards the CEOs of large companies are only going to run us into more debt. We are reaching the point where we wont be able to pay off our national debt because of the interest that is accruing.

I'm glad we're giving the millionaires a tax break at the expense of our economy.

I haven't benefitted from paying $3.30 a gallon of gas while the cost of my dollar is depreciating.

I haven't benefitted from all the illegal immigrants that now are at work because of GW great employment policies.

Bush never stopped using his veto pen...he fricken vetoed a bill that would tax cigarrettes and use that tax to fund our childrens healthcare (included in my source)...can you say "murdering our children?"

Now can a naive bush supporting conservative please thumb down my post because they can't handle facts. After you are done can you please go hide under the rock and shelter yourself from reality.

Answer 9

Agree.. and to add to your tax cuts comment.. most people on the left have a hard time wrapping their minds around this.. they want to tax the heck out of the rich in this country.. i.e. OUR employers.. what happens when the boss starts taking hits on his profit margin?? that's right.. THEY start making cuts.. and what usually goes?? the regular, joe shmoe, everyday, worker... which will affect that 95.3% employment rate.. which will affect how the consumer spends.. which will affect the revenue for the feds.. which will affect our defecit (negatively)... it's very simple, yet easy to ignore by blinded hate for people who have more than you... btw, i make less than 30G a year.. i rent, i finance a car, and i eat cheap noodles..im not rich..

the home forclosures i keep hearing about is NOT because of the economy.. people get that confused.. we had some overzealous mortgage companies and people who had NO business getting into a mortgage..INDIVIDUAL FISCAL RESPONSIBILITY.. people want to blame the other guy for their problems.. THAT's why the housing market is in the shape it's in.. but, no worries.. it will get better.. we've been through this before.

Answer 10

We've all benefitted from it, but you can bet that there is going to be SOME way the liberals twist the statistics to make the economy look bad.

lies, darn lies, and then there's statistics.

Oops, looks like I was too late. They beat me to it.

I particularly like the "average debt of american's has gone up" because it's true. Ten years ago, I was paying rent because I was poor. Now I'm a couple hundred thousand dollars in debt, cuz I can afford to buy a house. I guess success helps their statistics, doesn't it?

Answer 11

how can I possibly agree that everyone has benefit from this economy when the fact is the personal debt for the average American is at an all time high and the personal savings for the average American is at an all time low.

It seems the average American is NOT benefiting from this economy.

Household Income Declined By Nearly $1,300 Under Bush; Wage And Salary Increases Don't Cover Inflation. Although median household income increased by $509 last year, median household income has declined by $1,273 under the Bush Administration. And the failure of wage and salary increases to cover inflation has meant a real reduction of median income between 2000 and 2005 of 2.7 percent for households. [U.S. Census Bureau, 8/29/06; Table A-1; Center for American Progress, 8/29/06]