Do you agree or disagree with Bush says US economy is safe and sound?

Question

http://news.yahoo.com/s/ap/bush;_ylt=Aj5zfic59NvwPXDPNlDzq_es0NUE

Answer 1

Yes!


Unemployment is low and the market has been steadily rising.

The fact that people can complain and worry about their personal wealth while continuing to consume what ever our free market offers shows we still have the best economy in the world.

It's nice to live in an economy where you are not tax for nearly half of what you earn. If you don't believe that, try living in any other country and see if you can experience the same economic freedom you have here in the United States.

Answer 2

Anyone who thinks the economy is safe and sound has no grasp on reality. I don't think a recession is in the future. I think it has already started.
The economy isn't measured by the stock market nor by unemployment figures. It is measured by money spent by consumers and business. Those numbers are in decline.
By the time recession effects unemployment numbers and stock prices, we are already months into a recession. The liquidity problem is going to hit hard within a few months.
Productivity numbers, mentioned by Bush, mean nothing at all. Productivety is up because the dollar has lost value. Every American is now working harder for less money. If that is a good thing...

Answer 3

Over 1000 banks collapsed interior the cost reductions and loan problems with the 80's you're complaining as a results of fact we are attending to maintain a number of our money. they are tax rebates. Infaltion adjusted gasoline is somewhat greater than it became into in the process the Carter administration. Debt and spending is a baseless selection except you artwork in GDP. GDP is comparable to it became into interior the mid 1990's and thrice greater than it became into in 1980.

Answer 4

The economy is safe and sound. The Dow is up, the NASDAQ is up, unemployment is down, economic growth is steady....

Tell me something that is wrong with it now.

The only way it wouldnt be is if Hillary wins the election. Then the economy would be in trouble.

Answer 5

Yes I agree.

If those who disagree knew how to interpret the economic indicators, you wouldn't have to listen to what he says. You would know already.

The facts are, yes there have been some bumps in the road with the housing industry, but it is correcting itself. This is not a Bush phenomenon, it's a market phenomenon.

Answer 6

Yep, economy is a lot better off then people want to think. No the world isn't comming to an end. Yes gas is high, but thats not the only thing in the world.

Relax....

Answer 7

Yes, I do agree. Even a sound economy has troughs.

BTW, a question that I have for the usual whiners that have answered. What have you done to better your own economic situation? Too often we get to listen to people gripe about the situation of the economy, yet rarely do they actually do something to improve their situation.

Answer 8

Alan Greenspan managed to keep our heads above water for many many years. He's gone now and we are gasping for air. I disagree. But he's avoiding the word recession. According to Greenspan we need to quit trying to manage the recession and let it bottom out. I tend to agree with him that whats going on is just prolonging the pain.

Answer 9

haha... I was going to post this same question.

I've always been back and forward about Bush. "The economy is safe and sound" for who? Him and his Elitist friends, or the Middle Class?? ... the odds are with him.

Answer 10

I agree. All around me it is. Lots of kiddies and crybabies will jump on here and say how bad it is. But then I notice, they are not at work, and have a computer to play with, so they are not doing too bad either.