The Bush-Cheney Economy

[babylonsister]

http://andrewsullivan.theatlantic.com/the_daily_dish/2010/01/the-bushcheney-economy.html

The Bush-Cheney Economy

Or why conservatism needs to rethink its economic policies:

The lost decade for the economy
The U.S. economy has expanded at a healthy clip for most of the last 70 years, but by a wide range of measures, it stagnated in the first decade of the new millennium. Job growth was essentially zero, as modest job creation from 2003 to 2007 wasn't enough to make up for two recessions in the decade. Rises in the nation's economic output, as measured by gross domestic product, was weak. And household net worth, when adjusted for inflation, fell as stock prices stagnated, home prices declined in the second half of the decade and consumer debt skyrocketed.







http://www.washingtonpost.com/wp-dyn/content/graphic/2010/01/01/GR2010010101478.html

[pansypoo53219]

1. ever since georgee,

the economy has been off, no matter how the expert and talking heads said. i NEVER had to work so hard at art shows as i did the past 8 years. clinton? easy.

[timeforpeace]

2. President Obama would probably advise us to drop the blame game and concentrate on creating jobs.

[Tommy_J]

3. This is interesting data -

- and everyone should understand the repercussions of fighting two insurgent wars.

I didn't feel this was just playing a blame game.

[babylonsister]

4. Actually, you are wrong.

http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=433&topic_id=104372

snip//

Pfeiffer offered a "substantive context" for those who seem desperate to assign blame for a failed terrorist attack.

{F}or seven years after 9/11, while our national security was overwhelmingly focused on Iraq -- a country that had no al Qaeda presence before our invasion -- Osama bin Laden and al Qaeda's leadership was able to set up camp in the border region of Pakistan and Afghanistan, where they continued to plot attacks against the United States. Meanwhile, al Qaeda also regenerated in places like Yemen and Somalia, establishing new safe-havens that have grown over a period of years. It was President Obama who finally implemented a strategy of winding down the war in Iraq, and actually focusing our resources on the war against al Qaeda -- more than doubling our troops in Afghanistan, and building partnerships to target al Qaeda's safe-havens in Yemen and Somalia. And in less than one year, we have already seen many al Qaeda leaders taken out, our alliances strengthened, and the pressure on al Qaeda increased worldwide.

To put it simply: this President is not interested in bellicose rhetoric, he is focused on action. Seven years of bellicose rhetoric failed to reduce the threat from al Qaeda and succeeded in dividing this country. And it seems strangely off-key now, at a time when our country is under attack, for the architect of those policies to be attacking the President.


That's a rather diplomatic way of saying, "Dick, you had your shot and you failed. Now shut up while we clean up your mess. You can thank us later."

[MadMaddie]

6. Thank you!

Dick is still trying to stay relevant....but as time passes and the U.S. is steered in the correct direction...he will be historically remembered as a draft dodging failure.

[Tommy_J]

9. I'm wrong because this is not interesting data?

Sorry Sister I don't get your point. Or perhaps you didn't get mine.

Flat job growth over a decade is astounding. I think we can agree on that without it being part of a blame game :)

[SalmonChantedEvening]

5. K&R

Get thee to the Greatest Page!

Hiya Sis, and thank you. :hug: :*

[babylonsister]

7. Hi, friend!

I loved that :loveya: thread for you; you deserve it! :loveya:

[SalmonChantedEvening]

8. I'm so grateful, and so blessed.

And in need of a handkercheif.