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Still buying Bush's BS about the economy recovering?

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Bullshot Donating Member (807 posts) Send PM | Profile | Ignore Tue Jun-07-05 06:48 PM
Original message
Still buying Bush's BS about the economy recovering?
With today's bombshell from GM, saying it will eliminate about one-fourth of its U.S. manufacturing jobs by 2008, can anyone believe Bush and his stooges when they prance around the country proclaiming the economy has recovered?

I have a relative who works at a GM plant in Ohio. After the UAL pension debacle and GM's current sorry state of affairs, he's talked himself into believing that he'll never see a company pension. And he's as pro-business and Republican as anyone I know.

If his prediction comes true, it will mean GM will be one of many major corporations who'll renege on their workers' pensions. And that will be the landslide that ushers in the next Great Depression. We'll either have a huge percentage of people with no retirement nest eggs, or the federal government will go broke bailing these companies out while we're being the global Barney Fife and picking wars with anyone who doesn't walk our walk.

Thank you George W. Bush, major dumbfuck!
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liberaliraqvet26 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 06:49 PM
Response to Original message
1. as sad as this is...
this should wake up the sleeping masses
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acmavm Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 06:56 PM
Response to Reply #1
2. You would think so, wouldn't you? But then again, when the deficit was
declared unsustainable, the amount of money the Iraqi fiasco costs us daily, or even just how much of a boondoggle the Medicaid reform was and how much it's really costing us should have told the American people something. But it hasn't.
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Prodemsouth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 06:58 PM
Response to Reply #1
4. It is going to take a shit load of bricks falling on their heads to
wake them up - they are going to have to feel real pain!
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Harry S Truman Donating Member (300 posts) Send PM | Profile | Ignore Tue Jun-07-05 08:40 PM
Response to Reply #4
6. But they have Jesus
and are fighting gay marriage and for fetuses everywhere. That's all that matters. The whole "nuclear option" debate wasn't about jobs or troops or health care. It was ONLY about religious extremism. Why can't people just SAY it.
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Democrats_win Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 08:47 PM
Response to Reply #4
7. How approriate: it'll be the collapse of the housing bubble.
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 06:58 PM
Response to Original message
3. It's only going to get worse, because, what's coming down the road
to save the day? Ford hasn't announced it's layoffs yet. Pretty soon I expect that in the face of the huge deficits, the government will announce defense spending cutbacks that will affect millions of aerospace workers and other freepers.
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firefox Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 07:12 PM
Response to Original message
5. It really is bad around here
There are 100 counties in NC. When Bush was elected Catawba County was the first in per capita income. Anyone with a pulse could get a job. There were three major companies that made cable for the wiring of the Internet and such. The big layoffs by the cable companies started in April of 2001 and a year or so later Catawba County fell to 92. The textile and furniture industries still have not recovered to their former glory and nobody expects there to be a comeback.

It is very hard to find a job with benefits without going through a milking at a temporary service. It is people with some age on them that have to put up with anything an employer says. I cannot help but think that the over 50 crowd is going to get louder as the financial pain and uncertainty and harsher workplace treatment set in.

Yes it is bad. And it will be the seniors that will soon start the combination of shouting and crying to anyone that will listen about the poverty and uncertainty that besets them.
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Auntie Bush Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 09:25 PM
Response to Reply #5
8. When the middle class is gone there will be no one to buy all those
products that Corporations produce. Then their profits will go down the tube along with their stocks and all those stockholders will loose their shirts. When the housing bubble bursts...so will everything in the building and home related industry...which is the only thing that's holding this economy up. I see nothing but doom! Bush knows this too and will do everything in his power to keep us in an endless war. He knows that the only thing that got us out of the last depression was World War ll. (Well maybe he didn't know but Rove knew.) But it won't work this time! We are doomed! I really worry about the future of my children and grandchildren. I think we have seen the best of America. It's down hill all the way. :cry: Thanks George Bush! What a legacy!
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neuvocat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 09:27 PM
Response to Original message
9. He thinks if he repeats a lie enough times that people will believe it.
Bush is an idiot.
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