Bush is ruining the economy!!!

[TranceNation]

Ever since Bush was elected the economy has gone down ever further!
Anybody else feel this way?

 

[Mill]

Take some economics classes and get back to us. My answer is NO.

 

[Orsorum]

Originally posted by: Millenium
Take some economics classes and get back to us. My answer is NO.

Ditto.

 

[Freejack2]

What, did you expect him to lift a finger to help the economy?

Personally I would have rather liked to see what someone like Ralph Nader would have done. At the very least our cars would be even safer.

 

[PsychoAndy]

As easy as it is to blame Bush, there are a lot of factors involved.

I dont think Bush is neccessarily the economic problem. Everything else is another story, but the economy, no.

-PAB

 

[TheOmegaCode]

Yeah, you really do need to brush up on your economics. Most economic downfalls aren't based on what the president is doing, he's just a convenient target. Though I will admit that Bush's policies aren't doing a lot to help it...

 

[PsychoAndy]

I'm going to play devils advocate.

In that case, what would YOU do as president to help the economy?

Lets watch the smoke billow now.

-PAB

 

[Viper GTS]

The economic downturn was predicted throughout the latter half of Clinton's second term.

Bush had nothing to do with it, and if you believe he did you're an absolute idiot.

Viper GTS

 

[TranceNation]

that's just it. everyone knew it the economy was going to turn down, a good leader will find away to not make it so.

 

[Mill]

Originally posted by: TranceNation
that's just it. everyone knew it the economy was going to turn down, a good leader will find away to not make it so.

How? Is he going to rub his magic lamp and force his genie to do it? If you have an idea on how to solve our recession I am all ears. The monetary policy we have in place right now in conjunction with Bush's tax cuts have HELPED this recession to not be as bad as it could be. The tech bubble burst and caused a lot of this crap. What did Bush have to do with the tech bubble? How was he supposed to replace all the jobs lost? How was he supposed to have prevented Enron and Worldcom who did their accounting before he came into office?

A lot of this is Clinton's mess. Bush has gone after these Corporate Figureheads who swindle and steal. He also has enacted the abovementioned policies. What else should he do?

 

[TheOmegaCode]

That's just it. everyone knew it the economy was going to turn down, a good leader will find away to not make it so.

You're logic is so flawed. FDR took over the economy and he did his best to pull us out of a rutt, but had it not been for WW2 we would have stayed in the crapper for a much longer time.

Besides, the economy isn't that bad...

 

[Viper GTS]

Originally posted by: TranceNation
that's just it. everyone knew it the economy was going to turn down, a good leader will find away to not make it so.

Have you ever actually taken an econ class?

Do you know what policy lag is?

Do you know ANYTHING about the BS you're spreading?

Read up

Viper GTS

 

[PsychoAndy]

Originally posted by: TranceNation
that's just it. everyone knew it the economy was going to turn down, a good leader will find away to not make it so.

Read my 2nd post again. If you're so smart, share what you would do.

-PAB

 

[tcsenter]

Ever since Bush was elected the economy has gone down ever further!

Damn right! The union said this would happen. Republican elected = economy in toilet. The union is ALWAYS right! Never question what the union tells you!

 

[TheOmegaCode]

Heh, for some reason this thread reminded me of the last few minutes of a news special I saw on TV. It was essentially saying that the president didn't do anything, they parralleled becomning the president to that show "American Idol."

"This is how you become an American Idol." Balloons falling in the background, people crouding around the new American Idol, and then
"This is how you become an American President." Ballons falling and people crouding around the president. It was gret...

 

[TranceNation]

Originally posted by: Viper GTS

Originally posted by: TranceNation
that's just it. everyone knew it the economy was going to turn down, a good leader will find away to not make it so.

Have you ever actually taken an econ class?

Do you know what policy lag is?

Do you know ANYTHING about the BS you're spreading?

Read up

Viper GTS

and read my reply, true leaders find creative ways , they dont just accept the way things are!

 

[PsychoAndy]

Originally posted by: TranceNation

Originally posted by: Viper GTS

Originally posted by: TranceNation
that's just it. everyone knew it the economy was going to turn down, a good leader will find away to not make it so.

Have you ever actually taken an econ class?

Do you know what policy lag is?

Do you know ANYTHING about the BS you're spreading?

Read up

Viper GTS

and read my reply, true leaders find creative ways , they dont just accept the way things are!

Something tells me I'm going to go thru half a bottle of aspirin before you grasp something.

See the point? Of course not.

-PAB

 

[FoBoT]

Originally posted by: Millenium
Take some economics classes and get back to us. My answer is NO.

what exactly did he do?

the president actually has very , very little control of the economy

he can't introduce new laws, he only signs bills that congress passed into law

he doesn't control the stock market
he doesn't control your pocketbook
he doesn't hire/fire you

i fail to see what his action/inaction has done to the economy

just like when clinton was in office, why did he get credit for a good economy? i dunno

check out some links

linky #1

Myth: Presidents are responsible for the economy's performance.

Fact: Presidents are at the mercy of the business cycle.



Summary

When it comes to the economy, presidents are at the mercy of the business cycle. Often their fortune (or misfortune) with the economy depends on what happened in the previous administration. There are tools to influence the business cycle, but the President has almost no control over them. At least in economic terms, the most powerful person in the United States is the Chairman of the Federal Reserve Board.

 

[PsychoAndy]

BTW, its been about 30 minutes since my 2nd post. You're taking the easy route and playing the blame game.

Originally posted by: TranceNation

Originally posted by: Viper GTS

Originally posted by: TranceNation
that's just it. everyone knew it the economy was going to turn down, a good leader will find away to not make it so.

Have you ever actually taken an econ class?

Do you know what policy lag is?

Do you know ANYTHING about the BS you're spreading?

Read up

Viper GTS

and read my reply, true leaders find creative ways , they dont just accept the way things are!

I asked you for a solution and all you were able to come up with is hackneyed similie from "teach yourself how to be a leader" by John Q. Feelgood Ed.D. verbatim from chapter 6.

What you fail to understand is the economy itself and its conglomeration. Because if you even TRIED to you'd still be stuck on chapter one and not spewing crap around about how "desperate times call for desperate measures" and how bush 2.0 should be finding a "creative" way to deal with the economy.

I'm going to bed. Round 2 will commence in the morning if your ass can take it.

-PAB

 

[TranceNation]

[/quote]
I asked you for a solution [blah blah blah]

-PAB[/quote]

and I ignored you. get over it.

 

[ed21x]

Originally posted by: TranceNation

I asked you for a solution [blah blah blah]

-PAB[/quote]

and I ignored you. get over it.[/quote]

look kid, you sound like you're about 12. grow up a little more, then come back.

 

[TheOmegaCode]

Originally posted by: TranceNation

I asked you for a solution [blah blah blah]

-PAB

and I ignored you. get over it.

I guess you could say that the Pres is doing the same, if it'd shut you up...

 

[PsychoAndy]

Originally posted by: TranceNation

I asked you for a solution [blah blah blah]

-PAB[/quote]

and I ignored you. get over it.[/quote]

Much like you're ignoring the core fundamentals of economics? Nice.

-PAB

 

[GoingUp]

While the biggest one day stock drop ever did come during Bush's presidency, it happened the day the stock markets reopened after the Sept 11th attack. The second biggest occured in Feb 2000 under CLINTONS presidency and it signaled the end of the Tech Boom. The problem with the tech boom is that everyone got spoiled by the amount of returns they were getting on their money. People were throwing investment money around like they couldn't lose and they weren't staying diversified. Many of the Dot.coms had unsound or lacked any sort of business plan and they were all operating on the idea that they would become profitable down the road. Many investors who had no idea what they were doing jumped online and use Ameritrade etc. and based all of their transactions on "hot tips" And almost all of this happened right in the middle of the Clinton economy. The scandals that rocked the Market were born out of a need for results from the tech boom during the CLINTON administration. What should GW do? Wave his hands around and tell everyone that it's safe to invest? The media running around yelling recession recession recession isn't doing anything to help out the economy as well. All they are doing is scaremongering to sell papers and get ratings.

 

[fluxquantum]

wow..a flame war...LOL.