Re: {OT} Change



dbu, wrote:

This has to make you think a little bit, if not then, keep your blinders on!

George Bush has been in office for 7 1/2 years. The first six, the
economy was fine.

A little over one year ago:

1) Consumer confidence stood at a 2 1/2 year high

2) Regular gasoline sold for $2.19 a gallon

3) The unemployment rate was 4.5%.

4) The DOW JONES hit a record high--14,000 +

5) American's were buying new cars, taking cruises, vacations on the
high seas, living large!

But American's wanted CHANGE!

So, in 2006, they voted in a Democratic Congress and yep - - we got
'CHANGE' all right.

In the PAST YEAR:

1) Consumer confidence has plummeted
2) Gasoline has been over $4 a gallon!
3) Unemployment is up to 5% (a 10% increase)
4) Americans have seen their home equity drop by $12 TRILLION DOLLARS,
and prices are still dropping
5) 1% of American homes are in foreclosure.
6) As I write, THE DOW is probing another low ~ ~ 11,316 - -$2.5
TRILLION DOLLARS HAS EVAPORATED FROM THEIR STOCKS, BONDS & MUTUAL FUNDS
INVESTMENT PORTFOLIOS!

You're not thinking, either, because you're confusing correlation with
cause & effect, and the 2006 election did not cause the economy to
tank. Rather it was caused by the cumulative effects of excessive tax
cuts combined with excessive spending, excessively low interest rates
to finance the resulting deficits and boost the economy, and negligent
oversight of the financial markets.

You've given the type of lame argument expected only from a dishonest
and highly partisan political operative who believes in party first,
country last.
.

Relevant Pages

  • Do-Noithing Democrats let December consumer confidence drop to all-time low
    ... December consumer confidence drops to all-time low ... Chart shows consumer confidence for the past 13 months; ... NEW YORK - The outlook for the economy isn't expected be any ... forgoing new clothes and choosing store brands ...
    (alt.politics)
  • 1 Year of Democrat Congress and Consumer Confidence Sinks to Record Low
    ... WASHINGTON -- Consumer confidence fell to an all-time low as worries about jobs, energy bills and home foreclosures darkened people's feelings about the country's economic health and their own financial well-being. ... His approval rating on the economy dipped slightly to 33 percent in January, from 36 percent in December, according to a separate Associated Press-Ipsos poll. ... Oil prices recently surged past $100 a barrel, though the price has moderated somewhat. ...
    (alt.politics)
  • Re: 1 Year of Democrat Congress and Consumer Confidence Sinks to Record Low
    ... Consumer Confidence Sinks to Record Low ... His approval rating on the economy dipped slightly to 33 percent in January, ... Oil prices recently surged past $100 a barrel, ... The survey was taken after the employment report but before ...
    (alt.politics)
  • U.K. consumer confidence dropped in May to the lowest level since Thatcher Quit 90
    ... U.K. consumer confidence dropped in May to the lowest level since ... the same month Thatcher quit as prime ... the economy and about the future. ... May 8 as record oil prices pushed inflation up by the most since 2002 ...
    (misc.invest.stocks)
  • Re: OT ~ Points to Ponder
    ... Consumer confidence stood at a 2 1/2 year high; ... I do not beleive people are hording their money because they fear the governement is going to take more in 5 years. ... She doesn't have the power to destroy an economy. ... During a time that the overall market was not doing so well I was able to double my money in three short months. ...
    (rec.outdoors.rv-travel)