Our Economy, your Bill
Watching the news I see that many people don't think the President is getting the credit he deserves for the economy. That's funny? For eight years I was told that the President really had very little to do with the economy. That it was congress that decided spending and other issues. I'm confused. Which one is it?
I believe the President can do quite a bit about the economy. One thing he can do is start a war. (preempt....I'm not talking about Afghanistan I'm talking about Iraq. )
I wonder if our American family paid most of our bills just how rich we would be? How would our economy be then? Thank you China and Japan for paying our bills.
Let me see if I can get this all straight. We send our jobs and industry to other countries so they can be strong enough to fiance our debt and we get those great prices at walmart too!
But wait!....... We have to pay interest on that debt. Our tax money will have to pay that. There goes our great walmart savings. But wait!......the corporations that outsource are getting rich on low cost labor. And they keep getting all these tax breaks. I think that means you and I have to pay more of it. But wait!.......The rich got these really big tax breaks. I think that means you and I will have to pay more of it. Darn it! I guess I know who's living the American dream. Thank you average American for your subsidy.
posted by Ron at 2:43 PM
8 Comments:
If unemployment figures are based on the number of people collecting unemployment and unemployed people run out of it and do not become employed how is this figured in? I have read that a lot of people have dropped out of the labor market for various reasons and this isn't figured into the unemployment statistics. Also, many people are underemployed or doing temp work.
Re: the economy doing better, well, these folks who got the big tax breaks have more money to spend, plus low interest rates have inspired people to buy or build homes, so construction is up. When interest rates go up, the construction bubble will burst. Plus, spending doesn't necessarily mean much, as many people are probably buying on credit and what will they do when they have overspent, thanks to the new difficulties with filing for bankruptcy?
Also, the military-industrial complex is making muchos dolares right now, many jobs have become available because the people who held them are now in Iraq (and will come back, hopefully and take their jobs back), etc. Clinton didn't have to start a war to have a good economy and he had a surplus when he got out of office, a surplus that Bush has blown.
I don't believe the economy is good, but the press isn't going to print the real story because the "liberal media" is mostly pro-Bush.
To Ron:
PTU my last comment on show when talking about economy
Just curious as to why Ron so rarely mentions anything the other bloggers say on his show (even with permission), but keeps talking about what our resident conservative believes. Oh well, my own comments on this blog probably aren't worth quoting anyway. :-(
I no longer know the numbers, but how many reservists and national guard are serving now?? When they come back, the people who now have their jobs will be unemployed. My husband was unemployed for a year and a half. But, would only have been counted as unemployed the first 6 months.
There is ALWAYS an economic boom during or preparing for war. And ALWAYS a recession or depression after a war. Which is part of the reason Bush/Cheney, like Mussolini, are in love with the idea of eternal war. There must always be an "enemy." Our military-industrial complex depends on it. Not to mention the "war on terror" and the "war on drugs." The people must always be kept afraid so they can be more easily manipulated.
Now, increasingly, the rest of the world sees US as the enemy, so THEY are building up their own weapons arsenals. AND, they will buy a lot of their weapons from us.
Such an economic bonanza in killing!! There is not much money to be made in a "war on poverty" for instance.
Lonna
Gee, they are your comments...why don't you make them if you are here in town!?(resident conservative many miles away) Yes, your opinions are valued...whomever you are.
Not everyone can or wants to call the show, esp. every day. This is a good way for the bloggers to participate in the show and to add varied opinions to it. Local or distant makes little difference if the comments are good, and it would mean that you wouldn't have to do all/most of the commenting when things are slow. You sound kind of testy about this, Ron. When Larry suggested it on the show, you thought it was a good idea.
I'm sorry, not my intent to be testy. It's impossible for me to meet everyones needs and concerns but I hate so to disappoint and encourage your thoughts.
hate so to disappoint, and encourage your thoughts.
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