Crawling Out Of The Bush Economy!

Discussion in 'Economy' started by mascale, Feb 1, 2010.

  1. mascale
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    mascale VIP Member

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    Personal Income rarely goes down. The Bush Administration knew a thing or two about Personal Income. They took it hunting. They shot it in the face. It was an old friend.

    In QI, 2008, Personal income was $12.142 tril. In QII it was $12.292 tril. In QIII it was $12.286 tril.(?). In QIV it was $12.233 tril.(?). In QI, 2009, it was $11.952 tril.(?). In QII it was $12.048 tril. In QIII, it was $12.083 tril. Anyone would call the stabilization a bit shaky.

    Finally, In QIV 2009: It was 2008 all over again. Personal Income was $12.208: As though there had been a stimulus at work, and as though a recovery was under way.

    U. S. Bureau of Economic Analysis, Personal Income accounts, is elsewhere cited in this section: Time and again.

    $10.0 bil. of it found its way into the Hollywood Box Offices. A possibly equivalent amount found its way into the lunch bucket of the FoxTV CEO, who appeared on ABC This Week(?), making noise--about ratings or something. These people have priorities. East Africa in Drought, with people daily starving: Isn't one of them.

    Finally, however, the hungry people of the United States--hard as it is to believe the black teenage unemployment statistics--are a priority again.

    "Crow, James Crow: Shaken Not Stirred!"
    (Actually, my Indian Vision name is "Crawling Drunk." It was an older sister who got associated with the coat hanger name--When grandfather looked up, and saw! Economic recoveries are like that, in many parts of America! Even the new Massachusetts Senator-Elect, in fact: Is Pro-Choice, and claiming to be an independent!)
     
  2. AllieBaba
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    AllieBaba BANNED

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    However the people are not pro-choice and never have been. That's why the Supreme court went over our heads to make abortion legal.

    That's neither here nor there. Not only are we not climbing out of the alleged "Bush" economy (what a hoot) it's actually getting worse.

    Take the wool off your eyes and grow up.
     
  3. rdean
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    rdean rddean

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    I think I read that the economy has to grow by 5% for every 1% that unemployment goes down.

    Even though GNP grew by 5%, I suspect it won't be maintained because it was just replacing inventory. True, the Dow went from a little over 6,000 to over 10,000 in the last year.

    For Obama to stop spending would cause any gains to evaporate.

    it's no mystery why Republicans want Obama to stop spending. It's not because they know that would throw the economy into a depression. To them, it just sounds good. But no one expects that the Republicans would know the way to fix the economy since they are the ones who ruined it. It's like taking "safe driving tips" from a "drunk driver".
     
  4. mascale
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    mascale VIP Member

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    Before AllieBaba poster refers to him as "Hank," apparently along with Palin's people: There is actually a report of the actual Bush economy in the new book!

    In Paulson's book "On the Brink" -- a Bush-Sarkozy battle, Clint Eastwood advice, Reagan principles and worries over Sarah Palin's grasp of the crisis - Short Stack

    Just somehow, it seems that he was in charge of a bunch of bail-outs of his rich friends!

    You can point out that the Obama Adminstration has clearly failed completely at bailing out of its poor friends, especially of color! Amazing, how they can do that, in our world of so well-educated a people!?!

    http://www.npr.mobi/templates/story/story.php?storyId=122367407

    The academics do seem to notice that maybe 14 of 100 black males actually have jobs. How that can happen, they simply don't ask, don't tell, don't help, and in fact don't know much about any of this at all! And then there's the West Wing, with no clue!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Great Half-Wit Father In Washington, make funny, pro-choice: Like Golfer, and squaw! Think bail-out: Some New Owl noise--from CEO long-knive?! Could be Right!?! Squaw need no help in garden!)
     
    Last edited: Feb 1, 2010
  5. rdean
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    rdean rddean

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    Are you saying because Obama is black, all his friends are "poor and black"? And, uh, what exactly is he "bailing them out" from?

    Are you sure you thought this out?
     
  6. mascale
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    mascale VIP Member

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    Democrats even notice that the Obama base doesn't seem to turn out, even in Southern State elections.

    What the academics notice is that likely they are poor, and malnourished, and even enrolled in the D. C. Schools, and worse!

    You know how academics, and educated people, can be: On this subject!

    "Crow, James Crow: Shaken, Not Stirred!"
    (Squaw no need club for CEO Man, hunting near garden! Squaw have mortar, with many rounds: Instead! Retalitate for "boom-boom" noise, when CEO-Man saying, "ratings!")
     
    Last edited: Feb 1, 2010

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