Monday, January 8, 2007

On rising tide lifting boats and Bush policy...

There's an interesting article at http://www.cnn.com/2007/POLITICS/01/08/bush.job.count.ap/index.html comparing the economic performance of Bush versus Reagan and Clinton (all of whom are 2-term presidents), at around the same point in time in their presidency.

As an ordinary citizen, I don't give as much damn about what the economists say, or how the administration or the media talks up the economy, at the end of the day, what it matters is what we see and how we feel. And we see/feel one thing that is confirmed by the numbers: at the same point in time in Clinton years, 17.6 millions were created; during Reagan's years, 9.7 million; as for Bush, 3.7 million. And THAT is how we really feel.

While it could be true that there's been horrific corporate scandals (think Enron, WorldCom et al) and 9/11, it's also equally true that there is not any policy to speak of from the Bush administration, except tax cuts for the rich, and cut spendings of all fundamental services that would have helped paved the way for the future. There is just no other policy. Period. They don't know how to invest for the future. All they care about is, how much money we're going to give back to their biggest campaign donors.

Oh, and of course, GOP's know how to spend too. Big time, on everything that the lobbists push for. That's the other official policy on their agenda.

The administration of George W Bush really stinks.

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