Is George W. Bush the worst US president ever?

Wurm

Here's one for ya, Billy (a comment from a friend on another site):

"I'm a financial advisor, and I keep hearing from Wall Street how Bush has done a great job managing the economy, and telling me that the economy IS on the rebound.

Problem is, I've been hearing this bullshit from the same folks since 2001, and none of the indicators that I follow are showing any upward trends at all. At best, they are flat.

Reality check, folks...
The US has been in a recession since the spring of 2000, and shows no sign at all of letting up. There's a depression on the horizon. When the US Govmint starts defaulting on its bonds, get ready for quadruple digit inflation."

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"Bush is the first President to admit to an impeachable offense."

- John Dean, former Counsel to the President (Nixon)

The aim of big corporations is to separate fools from their money all of the time and ordinary folks from their money most of the time. The rest of us must fend for ourselves.

FredC

Of course Mr Spock, now clean your ears will you.

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The media is a self perpetuating publicity stunt.

davidmc

"Increased productivity" does not equate to "increased wages." Incidentally, how do you explain the fact that an individual w/ a high school diploma could buy a house, a new car & raise a family, in the fairly recent past, but it is now a thing of the past Wages have not kept up w/ increased productivity. The norm now is to increase productivity then sell the company at a loss to-you guessed it-the workers. CEO/Worker pay has increased from 30/1 to 350/1. I eagerly await your response to this ever increasing trend (Incidentally, in the late 90's it was 400/1)

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I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.
George Carlin
US comedian and actor (1937 - )

Billy Fish

Define recent past. Wages on the other hand have grown and based upon the Bureau of Economic Analysis showed a 4.4% increase in personal income in 2004. As for CEO to worker pay, what of it? That has little to do with the overall economy but makes great copy to stir up class envy. I mean if the CEO of my company decided to increase my salary to say, $250K per year I could still argue that it doesn't come close to his $10 million so we're right back where we started.

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Beer is proof that God loves us and wants us to be happy.

Benjamin Franklin

Billy Fish

Interesting. Maybe he should call Greenspan and tell him he's doing a lousy job. Exactly what indicators is he following? He is looking at US economic indicators right?

Recession? Well based on usual economic indicators a recession is defined by two quarters of declining GDP. Now, considering the economy is chugging along at a healthy 3.4% and has been for the last several years, I'd say I have to throw the BS flag on that one.

Now should say, Saudi Arabia go south and oil supply really crunch then yes, we're all going to be looking at a major depression. Europe and Asia need oil too so its not just the US that will have to take a bite from the crap sandwhich.

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Beer is proof that God loves us and wants us to be happy.

Benjamin Franklin

davidmc

The obscene CEO/Worker wage disparity is indicative of Enron, WorldCom, HealthSouth, ect...CEO's &/or Robber Baron's believing that they have no allegiance, whatsoever, to the people who made thier success possible. I just read "The Social Contract", by Rousseau. I highly recommend it. Rome suffered from reckless, overindulgence before it's eventual demise. No wonder the CEO's don't have any patriotism, they'd just as soon send their dirty money "off shore" & have thier product made in sweatshops w/o labor laws. Incidentally, CAFTA just passed the house, w/ an overwhelming Republican majority, shafting the American worker once more, for good measure. There were only 3 dissenting votes. Both sides of the aisle are culpable

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I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.
George Carlin
US comedian and actor (1937 - )

Wurm

Greenspan IS doing a lousy job:

As far as your remark about Saudi Arabia and oil, etc., the fact is that the Saudi's largest field - Ghawar - has reached it's peak production or is past peak, which means that it will from now on only produce less and less until it inevitably runs dry. The Saudi's have promised higher overall oil production on 2 occasions in the past year or so, but have not been able to deliver on their "for public comsumption" BS. Maybe you should wave a few flags at that?

__________________
"Bush is the first President to admit to an impeachable offense."

- John Dean, former Counsel to the President (Nixon)

The aim of big corporations is to separate fools from their money all of the time and ordinary folks from their money most of the time. The rest of us must fend for ourselves.

darkboong

Odd, Greenspan thought there was a recession going on in March 2001. Are you telling us that Greenspan doesn't know what he's talking about ? It was still going on in February 2002, although Greenspan believed that it was coming to an end at that time (he was wrong by the analysis of just about everyone in the money business outside of the Whitehouse and the Fed).

It really depends on whose opinion you trust. Personally I don't trust happy noises from folks who have a career on the line when the currency and the bonds are on a slide.

darkboong

It's the Cashflow stupid !

The majority of CEO money does not actually feed the local economy, it lives in Switzerland, and other money laundering outfits. All that is happening is that the market place is being significantly weakened, because the money ain't getting spent locally. The massive disparity in wages will certainly mask falling wages for the workforce at large, which puts more pressure on the economy (note : personal Debt is massive and rising *fast* - the UK shares this problem).

Also the Corps and the CEOs will simply walk away if the Economy takes a dive. They aren't charities, they'll just convert their USD to gold and bugger off out of the country, do business elsewhere. I guess they might spend a few pennies on building gated communities and massive estates in the US, that might keep a few $3/hr serfs in employment too.

NYY2183

Ever Think Maybe If We Quit Making Money So Important In Our Lives That Maybe We Would See The Evil It Causes Us To Inflict On One Another. It's An Inanimate Object. Maybe If The Us Of A Would Quit Spending All Our Money On Finding New Ways To Kill People, And Put All That Into Curing The Famines Of This World. I Believe We Could Possibly Gain Back Our Respect In International Society!

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"Keep on rocking in the free world"

davidmc

What do you think you are doing, bringing "logic" into this discussion

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I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.
George Carlin
US comedian and actor (1937 - )

MountainPro

Is George W. Bush the worst US president ever?

i think it is time for one of Limerickman's world famous 'The fall of the US economy under Bush' speeches.

then you can make up your mind...

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HARD
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davidmc

I didn't initially care too much for President Clinton. Then I grew to like his policies. Conversely, I initially didn't care too much for Mr. Bush. I feel the same way, to a greater extent, in his second term. I guess it isn't him so much as the people who elected him. Many of them, no doubt, are realizing the magnitude of thier blunder in reelecting him & his henchmen

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I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death.
George Carlin
US comedian and actor (1937 - )

Hypnospin

we must consider the bush reports of productivity include such credible parameters as
the total number of burgers flipped,
and number of wal-mart customers greeted in the rosy picture.

"are you better off today than you were four years ago?"
-campaign ad copy of the not so distant past...