Samizdat
Monday, May 09, 2005
  Bush Economic Report Card
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Is it fair to place responsibility for the economy on the president? Yes, it is - when the president in question is the leader of a party with control of all three branches of government, they can create an environment for any type of economy they choose.

Bush's government has chosen to keep the borders open to three million illegal aliens a year from Mexico and they have fought like Dickenson's Scrooge against any increase in the pitiful minimum wage of $5.15 per hour. They have passed tax advantages for companies that move jobs out of the country. Education and training programs on all levels have been slashed to the bone. All of these dracaena measures have worked together to keep down wages and to decrease the influence of the working class.

So, yes, he is responsible and he gets a grade of F. His daddy might have been able to buy him a C average in college, but this time, anyone can read the numbers. Here are the ones for the years 2000-2004:

S&P 500 ........................................................................ down 15% NASDAQ ....................................................................... down 36%
Dow Jones ................................................................. down 5.3%
Real Value of the Minimum Wage ........................... down 7%
Dollar versus Euro ................................................... down 30%
Dollar versus Yen ..................................................... down 11%
Median Household Income ..................................... down 4%

Now, I don't want anyone thinking the whole report was nothing but negative numbers. There were lots of positive ones. Here they are:

Price of a Gallon of Gas ................................... up 46%
Poverty Rate ................................................ up 11%
Number of Americans without Health insurance ........ up 18%
Federal Debt ................................................. up 39%
Average cost of 4-year public college ....................... up 24%
Monthly Trade Deficit ...................................... up 75%
Annual Trade Deficit up ........................................... up 53%
Americans filing for Bankruptcy............................. up 33%
Annual Increase in Prescription Drug Prices .......... up 68%
Home Mortgage Borrowing ..................................... up 100%
Total Outstanding Consumer Debt .......................... up 28%
Household Debt as a Percentage of Assets: ............. up 20%
Household Debt as a Percentage of GDP ............... up 21%

This doesn't tell me anything about Bush's government that I didn't already know but now it can be seen in black and white by anyone who cares to look. George W. Bush and Co. doesn't give a sh*t about you or me, the U.S.A, Iraq, Democracy, Freedom or our men in the military. All they care about is lining their pockets and the pockets of their cronies. This is absolute greed carried to its absolute extreme.

I have heard and seen various references on occasion comparing Bush to Hitler. I want to state here that these comparisons are grossly unfair. Hitler was an idealistic murdering scumbag who caused the deaths of millions of innocent people. To compare the two men is just not fair. I don't think George W. Bush could be called idealistic by any stretch of the imagination.

 
Comments:
OMG! That's some powerful writing there. Ya! I just have to refer reader's to that post also.
 
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Samizdat: an underground system for the circulation of forbidden works of literature and political criticism in the Soviet era of Russia.

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Location: Arkansas, United States

Angry, angry, angry ... but still, any day above ground is a good day.