- Sep 19, 2011
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Would someone tell me what other Presidency had any events of these magnitude happen:
1) THE RECESSION that started declining in 2000 and was officially started in 3/2001
Contributed to businesses letting people go...i.e. contributed to UNEMPLOYMENT!!!
2) There was a dot.com bubble bust in that cost $5 trillion in losses.. 300,000 jobs skilled technology workers were out of jobs
$5 trillion in losses created lower tax revenue..
SOURCE:The dot-com bubble: How to lose $5 trillion ? Anderson Cooper 360 - CNN.com Blogs
3) A minor event --- 9/11!
a) 800,000 jobs lost directly in travel/transportation businesses due to closures which means UNEMPLOYMENT!!!
b) $1 trillion in assets lost destroyed... thus reducing tax revenue!
SOURCE:The Top 10 Financial Events of the Decade
4) What kind of weather events equal to these:
SOURCE: Kiplinger - Interstitial
10. Hurricane Rita 2005
8. Hurricane Ivan 2004
7. Hurricane Charley 2004
6. Hurricane Wilma 2005
5. Hurricane Ike 2008
1. Hurricane Katrina 2005...
That combined COST nearly ) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history![/U][/B]
The worst Katrina,made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.
Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed.
Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000 were killed and more are missing.
The effect on oil and gasoline prices was long-lasting.
Again... what other president had these gigantic world changing events happen in their presidency?
I want some honest responses especially from idiot conservatives who said: "Bush spent like a drunken sailor".. because I want you to prove it!
Prove how BUSH Spent like a drunken sailor when Wall Street stopped for 10 days! Airlines stopped for 3 days! When $7 trillion in assets gone!
Assets that generated tax revenue..businesses, investments etc.... GONE!
Tell me Where YOU conservatives that say "Bush was spending like a drunken sailor"...what would you have done???
1) THE RECESSION that started declining in 2000 and was officially started in 3/2001
Contributed to businesses letting people go...i.e. contributed to UNEMPLOYMENT!!!
2) There was a dot.com bubble bust in that cost $5 trillion in losses.. 300,000 jobs skilled technology workers were out of jobs
$5 trillion in losses created lower tax revenue..
SOURCE:The dot-com bubble: How to lose $5 trillion ? Anderson Cooper 360 - CNN.com Blogs
3) A minor event --- 9/11!
a) 800,000 jobs lost directly in travel/transportation businesses due to closures which means UNEMPLOYMENT!!!
b) $1 trillion in assets lost destroyed... thus reducing tax revenue!
SOURCE:The Top 10 Financial Events of the Decade
4) What kind of weather events equal to these:
SOURCE: Kiplinger - Interstitial
10. Hurricane Rita 2005
8. Hurricane Ivan 2004
7. Hurricane Charley 2004
6. Hurricane Wilma 2005
5. Hurricane Ike 2008
1. Hurricane Katrina 2005...
That combined COST nearly ) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history![/U][/B]
The worst Katrina,made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.
Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed.
Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000 were killed and more are missing.
The effect on oil and gasoline prices was long-lasting.
Again... what other president had these gigantic world changing events happen in their presidency?
I want some honest responses especially from idiot conservatives who said: "Bush spent like a drunken sailor".. because I want you to prove it!
Prove how BUSH Spent like a drunken sailor when Wall Street stopped for 10 days! Airlines stopped for 3 days! When $7 trillion in assets gone!
Assets that generated tax revenue..businesses, investments etc.... GONE!
Tell me Where YOU conservatives that say "Bush was spending like a drunken sailor"...what would you have done???
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