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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 06:53 PM
Original message
Why the Economy Will Sink Bush
Edited on Sat Aug-07-04 06:55 PM by louis c
Unlike the terror threat, or the war in Iraq, President Bush cannot double talk his way out of our economic troubles.

With terror, he can say he knows something we don't know. He can hide or manipulate facts in Iraq to create a fog. After all, we're not there. But the economy is different.

If you lost your job, and have finally found another at less pay and with little or no benefits, no one can convince you that you are better off.

If your utility bills are higher and gas at the pump is more expensive, no amount of bull shit is going to make you blame anyone else but Bush.

If you are out of work, and can't find a job, and no longer can collect, the President's spin doctor's can't fool you into thinking you're working just because you are no longer on the rolls.

If your health insurance increases to an almost unfordable amount, there's no amount of rhetoric that changes your mind.

When your 401k is dropping, your interest rates climbing, your property tax increasing, and all the while you receive fewer and fewer services, few if any Americans blame anyone else but the Republican controlled Washington establishment.

Even those of us who have survived the current crisis, our brothers-in-law, sisters, children, Friends and co-workers haven't, and that affects our lives, too.

Now that every poll has put the economy as the number one issue in this election and new data shows Kerry taking a firm lead in the most recent surveys on this issue, he should hammer it home, day and night, week after week, until November.

Karl Rove can't spin the truth when you're living it.

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bigwillq Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 06:55 PM
Response to Original message
1. Great post!
Thanks for sharing.

I agree the economy is my number one issue.

The economy is like the blood of the nation. Sadly, lots of things are dependent on money, obviously.

But the people are the heart of this country and I just think we will make the right decision and put Kerry-Edwards in the White House!
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unblock Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 06:56 PM
Response to Original message
2. 4 years on, the dow is, what, TWENTY percent off its clinton high?
republicans who want to make money can't be liking this guy.

seriously, the only people who make out are the people who contribute enough to the campaign to get special loopholes and tax breaks.
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wicket Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 07:00 PM
Response to Original message
3. Well said!!!
With the way the economy is going, Bush is toast. Just now in the Krugman v. O'Reilly debate on CNBC, Krugman read off the numbers of growth in GDP in the past 5 quarters; the numbers are rapidly dropping off. Bush can't spin this, it directly affects voters where it hurts: the pocketbook!
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NewJeffCT Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 07:05 PM
Response to Original message
4. they're already spinning the numbers
1) job creation fluctuates
2) manufacturing jobs up - key in some swing states.

We heard very little about the huge drop in consumer spending reported the other week, and that should have been just as big as the negative job creation numbers (you need to create over 150K per month just to keep up with the growing population)


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Union Thug Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 07:48 PM
Response to Reply #4
9. yes, and we all know that burger flipping is a manufacturing job...
...under the bushies
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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 09:01 PM
Response to Reply #4
11. that's the point
they can try to spin all they want, but they can't convince people that are living it. The economy touches so many aspects of your life that you can't be fooled like you can on issues that are intangible.
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Veggie Meathead Donating Member (999 posts) Send PM | Profile | Ignore Sat Aug-07-04 07:08 PM
Response to Original message
5. With his tax cuts for the wealthy, he has caused unemployment
for people in State and local governments.This has essentially caused a demand side collapse which is seen in the decline in retail sales at Walmart, Target etc.The high end stores are still selling well because the tax cuts are benfiting the wealthy.But people like us are not seeing any relief and are certainly not better off because of his policies.Add to this that manufacturing is moving to China and service jobs are moving to India. There is no way that increasing corporate profits are going to trickle down to us.May be they will trickle down to China and India.He is so completetely out of touch with the pain he has caused to ordinary people that anybody who votes for him ought to have his head examined.
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Veggie Meathead Donating Member (999 posts) Send PM | Profile | Ignore Sat Aug-07-04 07:38 PM
Response to Reply #5
7. I forgot to mention in my previous post how nearly 3.5 million
cars made by Ford, GM and Chrysler are still sitting unsold in dealerships this late in the season while Japanese and German cars have just about run out of their inventories.One of my customers, who is in the auto business, is so depressed he ,a staunch Republican, is planning to vote for our team for the first time.I also got his permission to speak to his employees about the need to vote Democratic
( remember this is Indiana I am talking about).I believe I have convinced many of them that we cannot have four more years of Bush's misrule without completely messing up our children's futures.
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dogman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 07:08 PM
Response to Original message
6. People can't wait four years to turn the corner.
I think he'll live his father's legacy. That somehow seems appropriate since that is the story of his life.
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 07:46 PM
Response to Original message
8. Wrong.
Okay, that's a lie - you ARE correct on all but one:

If your utility bills are higher and gas at the pump is more expensive, no amount of bull shit is going to make you blame anyone else but Bush.

Bush has supported the bastards who want to exploit oil for all it's worth and has no intent to change any of that.

But corporate amercia uses oil as a mere commodity - and NOT the heart of our way of life. This mistake, which they should have fixed during or after the 70s oil crisis, will be the death of them. Which is otherwise fine except it also means the death of us.

Sheesh, nobody has said that peak oil has occurred yet, and won't for a couple of years. Yet when the price of oil jumps $1 or $2 because of overstated terrorist nonsense, our market PLUNGES. Remember, any commodity that is seen as being less available than demand skyrockets in price.

We have to pray and hope that Kerry gets elected and makes good on his promise to rid us of oil dependence (which is around 70% foreign-based right now! :wow: )
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louis c Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 08:43 PM
Response to Reply #8
10. You know the reason for high oil?
it's the declining dollar in relation to other currencies due to our balance of payments defect.

More than supply and demand, when the dollar weakens, imports become more expensive. We have no greater import than oil. Most other commodities have American competition, such as durable goods and autos, but oil has no competition here, so when the dollar goes down, the price of crude increases. All this is as a result of our outsourcing of jobs, and importing so many foreign products as well as running a staggering deficit that is serviced by foreign money.
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Bush was AWOL Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 09:07 PM
Response to Original message
12. That is why it is always
"its the economy stupid"
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nolabels Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 09:33 PM
Response to Original message
13. If he can manage to convince enough people that................
the poor economy is a result of the "War on Terra" than he might win. They won't roll this part out till the end of the campaign though (too easy to debunk). In the mean time be prepared for more rope-a-dope and they are picking on me B.S. from the bushco
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BillZBubb Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-07-04 09:52 PM
Response to Original message
14. Saw a poll today on NBC (? I think)
It said 27% think the economy is the number one issue. I sure would like that number to be closer to 50%.

The sad thing is that nearly 45% (before this week) still think Bush* would do a better job on the economy than Kerry. How could anyone be that brain dead?

I think this latest stock market disaster will really hurt him going into the Repug convention. Everyone will have their July 401K statements by then. Those well to do Repugs will be singing the blues when they see that. What a friggin' mess!
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