Image by FlamingText.com

Google

NEW YORK TIMES

HEADLINES

Promote your blog free.

BlogSearchEngine

Thursday, July 13, 2006

Annals from Bushworld

In the past few days President Bush has been stumping for what he believes is great economic progress. The numbers seem pretty good, so why are people not giving him any credit for it?

The President fails to mention, and highlight specifically, the fact that this is a good economy for the investor class, not for the worker class. The economy has been grwing for thirty straight months, but regular folks are getting squeezed more and more. Wages have remained stagnant for almost ten years, while healthcare, gas and energy, tuition costs have exploded, and inflation has driven the price of everything up. We are in period of stagflation. So, while the investor classes get richer, the workers get poorer and the middle class shrinks. Yes, the economic number, on average, look good. But when broken down into more specific categories, they look really good for one group, and really bad for the other.

On another economic note, the President has also been gloating over the anouncement that the new deficit forecast will be $296 billion, not the $400+ billion forecast previously. Though this is a large improvement, keep in mind that the White House always takes the optimistic approach to calculating the deficit, and also excludes the cost of both wars (which will happen no more since Congress passed a bill banning the practice). It would be no surprise if in the next few months there is a revising of that projection. Regardless, I do not remember a time when having a $300 billion deficit was something to gloat about. To put matters into context, the deficit represents about 2.3% of the size of the economy, so it should be manageable. Still, you have a White House whose CIC has never vetoed a spending bill, and a VP who infamously uttered the stupid comment "deficits don't matter". I certainly hope that Laurel and Hardy have gotten beyond previous beliefs. But can you realistically expect that.

7 Comments:

Anonymous Anonymous said...

Very useful site with good content, thanks!!!


louis vuitton replicas

advance cash loan loan paycheck payday

application loan payday quick

approval loan personal quick

1000 advance fax no payday
payday paycheck loan

advance cash loan loan online payday payday

cash easy fast loan payday simplepaydayloancom

emergency fax loan no payday

home loan calculation

free credit report score nevada

Good Bye!

10:00 PM  
Anonymous Anonymous said...

Very useful site with good content, thanks!!!


order buy phentermine online

buy cheap tramadol

buy cod online soma

liquid tadalafil

buy tadalafil

atarax 25 mg

37 5mg cheap phentermine

Good Luck!

12:12 PM  
Anonymous Anonymous said...

"I have been using Advanced Gain Pro for 3 months now and I must say I'm simply amazed. I really didn't think the product would have this many benefits. I really only purchased the pills to help the reliability of my erections. But to my surprise every aspect of my penis and sex life has improved. I have larger, harder erections easily, and I can really satisfy my girlfriend fully now."
Dexter, Chicago

Do what millions of other men are doing today

________________________________
Our others products, more info here:
Ultra Allure Pheromones
Anatrim

5:43 PM  
Anonymous Anonymous said...

Hello, very nice site! Please also visit my homepages:

ways to lose body fat


most effective perscription rapid weight loss pill


See you soon!

3:00 AM  
Anonymous Anonymous said...

You have very nice and useful source. Krosavcheg!
online drug store
drug store pharmacy online
discount drug store online
canadian online drug store
cheap online drug store
prescription drug store online
canada online drug store
drug foreign online store
online drug store ultram
drug medication online prescription store
drugstore online
online drugstore
online drugstores
mexico online drugstores
1 drugstore online
canadian online drugstores
online drugstores spain
foreign drugstores online
With best regards...
viagra pill

11:35 AM  
Anonymous viagra said...

The anti-impotency treatment you are going to adopt just after being identified with erectile dysfunction is not likely to yield any fruitful result if you do not abide by the precautionary instructions recommended by the physician. For instance, after procuring viagra online if you administer cheap viagra without providing the necessary details to the doctor with regard to your medical history then there are chances that viagra intake might prove disastrous to you. Most particularly, if you are taking nitrate based medicine such as nitroglycerin patches to treat a specific medical condition you should inform the doctor immediately so that he doesn’t suggest you to buy viagra. The usage of Viagra by any person using nitrate-based medicines can trigger off health disaster and as such you can definitely avoid the imminent harm by explaining your medical history to the doctor and avoiding to buy viagra online if the drug is not meant for you.

11:46 PM  
Anonymous Anonymous said...

Generic Name: sildenafil (oral) (DEN forces in uh)
Trademarks: Revatio, Viagra

What is Viagra?

Generic Viagra relaxes muscles and increases blood flow to particular areas of the body.

Sildenafil Citrate under the name Viagra is used to treat erectile dysfunction (impotence) in men. Another brand of sildenafil is Revatio, which is used to treat pulmonary arterial hypertension and improve exercise capacity and men and women.

7:54 PM  

Post a Comment

<< Home

Reliable Alternatives net ring
| PREVIOUS | NEXT | RANDOM | LIST SITES |
This site is a Reliable Alternatives net ring member.

Thanks to RingSurf | Join? | Nominate? | Questions? |<

Google