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Will GDP be a boost for Bush?

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dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 02:08 AM
Original message
Will GDP be a boost for Bush?
THE ECONOMY’S SIZZLING 7.2 percent growth rate in the third quarter appears to offer strong evidence that deep tax cuts can quickly and directly spur enough spending to shift the economy’s momentum. While growth is certain to slow in coming quarters from the fastest period of expansion in 19 years, most forecasters now believe the economy at last is on track for strong, sustainable growth.
“This was not the news they wanted to hear at the DNC headquarters,” said Dan Mitchell, senior fellow at the conservative Heritage Foundation, referring to the Democratic National Committee.
Barring an economic miracle in the next 12 months, the eventual Democratic nominee still will be able to point to Bush’s abysmal record on job creation. Even if Treasury Secretary John Snow’s optimistic projections are accurate and the economy creates 2 million net new jobs by Election Day, Bush will be the first president since Herbert Hoover to preside over a four-year term in which total payroll employment declined.

http://msnbc.com/news/987184.asp?0cv=CB10

---------------------email Martin------------------------

http://msnbc.com/news/987184.asp?0cv=CB10

Martin,

3 years of Hell with a slight upturn possibly for 1 year and you call this Bush handling the economy thus taking away an issue for the Democrats?

Any moral and honest reporter with a little business expertice should call that a 300% loss. Where could America have been without Bush is the question you should be answering for the American people! Who's going to pay the $200,000,000,000 for Iraq? Where are the jobs? Where are the jobs over $10 and hours with health insurance?

I think you're something I'm starting to see often on the Internet and talked about at Happy Hours; you're a Republican Media Whore!


MyName


martin.wolk@msnbc.com

CC:
neal.shapiro@nbc.com, mark.effron@msnbc.com, Erik.Sorenson@msnbc.com, world@msnbc.com, letters@MSNBC.com, TWIP@msnbc.com, reed.price@msnbc.com, steve.johnson@msnbc.com, gary.sheffer@corporate.ge.com, louise.binns@corporate.ge.com, alex.constantinople@corporate.ge.com

---------------------------
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dkf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 02:17 AM
Response to Original message
1. Its all about jobs jobs jobs.
.
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union_maid Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 07:19 AM
Response to Reply #1
5. It'll help, but..big but..
If it doesn't translate into jobs and an improved situation for the average American it doesn't necessarily help all that much. The job bleeding continues and nothing is being done about that.
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izzie Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 05:19 AM
Response to Original message
2. Well the Bush's have changed a lot of how things are reported or...
if they will reported. And every time a one day up in stocks they have been saying the tax cut work, Yar this will be used.
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RuB Donating Member (402 posts) Send PM | Profile | Ignore Fri Oct-31-03 05:37 AM
Response to Original message
3. The direction Bushie is taking the country and our pathetic
standing in the world community has to be the focus of the next election. The thinking world is not going to help Bush get elected, lets hope the Democrats don't either. The economy is cyclical. Saddam and Bin Laden could be caught at any time, but the warmongering lying arrogant condescending elitist piece of dogshit Bushie is...has to be the issue. Bushie is the issue! Bushie is the issue! Bushie is the issue! Not the economy, not the war in Iraq. The possibility that Bushie 'WILL' get us into another war based on lies 'HAS' to be the dominant issue in 04.

Bushie is the issue!
Bushie is the issue!
Bushie is the issue!
Bushie is the issue!
Bushie is the issue!
Bushie is the issue!
Bushie is the issue!
Bushie is the issue!
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GOPBasher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 05:52 AM
Response to Original message
4. I think it will.
It's pathetic, but this will probably help Bush. What pisses me off is that the GDP rise is misleading. Yes, our Gross Product increased a lot; however, it all went to about 3 companies. That's not a real economic boom.
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Freddie Stubbs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 09:48 AM
Response to Original message
6. It certainly won't hurt him
But if the unemployment rate doesn't improve significantly, he will be in trouble next November.
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dArKeR Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 05:56 PM
Response to Original message
7. Don't forget to email Martin this: More U.S. Families Going Hungry CBS
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PROGRESSIVE1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 06:11 PM
Response to Original message
8. Even if the job situation does not improove.....
Bush will still be called our great and popular and effective leader because he made the rich wealthier and that's what counts!
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genius Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 08:02 PM
Response to Original message
9. It's about the news media spin
Even Democrats are turning out to be gullible in ways I never thought possible so my bets are on the public buying that Bush has saved the economy. If we can't even get Democrats to look at Dean's record, how will we ever be able to convince anyone that Bush is bad for the economy?
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polpilot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-31-03 08:05 PM
Response to Original message
10. Stay on message: Bush is a dangerous fool!!!
Dean '04
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