Go Back   GameTavern > House Specials > Happy Hour
 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next

Re: Bush: Bad for the Economy
Old 10-15-2004, 08:53 PM   #8
Xantar
Retired *********
 
Xantar's Avatar
 
Xantar is offline
Location: Swarthmore, PA
Now Playing:
Posts: 1,826
Default Re: Bush: Bad for the Economy

You know, Blackmane, if you had actually read the article, you would see that the criticism these economists have for Bush have nothing to do with recessions. You won't even see the words "recession" or "recovery" in the article. The economy isn't all about unemployment numbers and GDP, you know.

We were splurging completely out of control during the Clinton years, and we are now paying for it. However, a recovery was pretty much guaranteed to happen. The economy goes in cycles.

These economists are criticizing Bush's tax cuts because it balloons the deficit and sends the national debt skyrocketing. I don't know if you're worried about it or not, but if something isn't done to establish fiscal discipline, Social Security and other government programs could be jeopardized. It will also lead to weakening of the dollar. In other words, inflation.
__________________
My blog - videogames, movies, TV shows and the law.

Currently: Toy Story 3 reviewed
  Reply With Quote
 


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT -4. The time now is 12:14 PM.


vBulletin skin developed by: eXtremepixels
Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
GameTavern