People to Dubbya - We Know Why You Got a C in Economics

[etech]

Originally posted by: outriding

Originally posted by: brtspears2

Originally posted by: Viper GTS
The president can do very, very little for the economy, he might as well be powerless.

I would say the same thing if the economy was marvelous, Bush had nothing to do with it nor can he fix it.

Perhaps YOU should have listened more closely in macroeconomics.

Viper GTS

Bravo, someone understands how the economy works and how theres no instant fix. Best answer so far to all those people who blame Bush directly.

you two dont have a clue about economy.

when you have people like Joseph Stiglitz saying that bush is making all the wrong moves. how can you not listen to him.

btw he only won a noble prize in economics.

short real audio of what he thinks.

Whate Economists are saying about the President's Growth Package
January 7, 2003

Here is what prominent economists and industry leaders are saying about the President?s economic growth proposal:

? ?I heartily approve of making the 2001 tax cuts effective immediately; eliminating the unfair double taxation of dividends, which is essentially just a tax on new investment; and strengthening the reemployment of displaced workers. I would urge Congress to quickly pass this eminently reasonable legislation that Democrats, Republicans and Independents can support.? (Vernon L. Smith, Nobel Laureate in Economics)

? ?My lifelong dream as a Finance professor is about to come true. The ?beginning of the end? of the double taxation of corporate income. Not only will this stimulate the stock market, but will return our capital markets to their proper function of allocating capital to its most efficient use, whereby return is maximized and risk is minimized. No longer will Microsoft set upon 40 billion in cash (a very inefficient and low return asset), and not pay a dividend. This is a ?Godsend? to capital formation.? (Dr. Richard E. La Near, The J.R. Kuhn Professor of Finance, Missouri Southern State College)

? ?The President has done it again. He is leading boldly on tax and fiscal reform and job creation. He is sending a clear message to the liberal big spenders that the 'class warfare' strategy is a political Edsel.? (Lew Uhler, President, National Tax Limitation Committee)

? ?President Bush's economic stimulus package is a sensible solution to accelerating the recovering U.S. economy and providing relief to all Americans.? (Louisiana Rep. Donald Ray Kennard, National Chairman, American Legislative Exchange Council (ALEC))

...
much more on the page that is linked above.

 

[nativesunshine]

I got a C in Economics....

 

[outriding]

Originally posted by: etech

Originally posted by: outriding

Originally posted by: brtspears2

Originally posted by: Viper GTS
The president can do very, very little for the economy, he might as well be powerless.

I would say the same thing if the economy was marvelous, Bush had nothing to do with it nor can he fix it.

Perhaps YOU should have listened more closely in macroeconomics.

Viper GTS

Bravo, someone understands how the economy works and how theres no instant fix. Best answer so far to all those people who blame Bush directly.

you two dont have a clue about economy.

when you have people like Joseph Stiglitz saying that bush is making all the wrong moves. how can you not listen to him.

btw he only won a noble prize in economics.

short real audio of what he thinks.

Whate Economists are saying about the President's Growth Package
January 7, 2003

Here is what prominent economists and industry leaders are saying about the President?s economic growth proposal:

? ?I heartily approve of making the 2001 tax cuts effective immediately; eliminating the unfair double taxation of dividends, which is essentially just a tax on new investment; and strengthening the reemployment of displaced workers. I would urge Congress to quickly pass this eminently reasonable legislation that Democrats, Republicans and Independents can support.? (Vernon L. Smith, Nobel Laureate in Economics)

? ?My lifelong dream as a Finance professor is about to come true. The ?beginning of the end? of the double taxation of corporate income. Not only will this stimulate the stock market, but will return our capital markets to their proper function of allocating capital to its most efficient use, whereby return is maximized and risk is minimized. No longer will Microsoft set upon 40 billion in cash (a very inefficient and low return asset), and not pay a dividend. This is a ?Godsend? to capital formation.? (Dr. Richard E. La Near, The J.R. Kuhn Professor of Finance, Missouri Southern State College)

? ?The President has done it again. He is leading boldly on tax and fiscal reform and job creation. He is sending a clear message to the liberal big spenders that the 'class warfare' strategy is a political Edsel.? (Lew Uhler, President, National Tax Limitation Committee)

? ?President Bush's economic stimulus package is a sensible solution to accelerating the recovering U.S. economy and providing relief to all Americans.? (Louisiana Rep. Donald Ray Kennard, National Chairman, American Legislative Exchange Council (ALEC))

...
much more on the page that is linked above.

the people you listed are like a few in every county thoughout he united states. how many people won a nobel prize in economics ?
just a handful thoughout the world.

 

[tcsenter]

According to the CNN/Gallup poll, Bush's popularity ratings are 5 points lower since late, last week. People aren't buying into his wealthy people's economic plan.

Well with the highest sustained approval ratings of any president in the last half-century, it seems the only place you can go from the top is down.

 

[hagbard]

Originally posted by: BDawg
According to the CNN/Gallup poll, Bush's popularity ratings are 5 points lower since late, last week. People aren't buying into his wealthy people's economic plan.

He'd better invade Iraq soon!

"Socialist" Canada is running better economic numbers than is the US presently.

 

[TheBDB]

I have a novel idea. We take the total expenditures of the federal government divide it by the population and we each pay our very fair share!!!

Anyone have any numbers on how much this would be per person?

 

[BaliBabyDoc]

Bravo, someone understands how the economy works and how theres no instant fix. Best answer so far to all those people who blame Bush directly.

Let me see . . . if I have the GOP mantra down . . .

Hoover and his Republican Congress were casualties of history not bad policy . . .HAHAHAHAHAHAHAHA

FDR handouts will have a crippling effect on America's future but are of specious benefit in the past or present.

Kennedy cut taxes and ushered in great prosperity (Hey even Democrats know a good idea when you hit them in the head or is it give 'em h...)

Carter policies (Volcker notwithstanding) not the oil embargo were responsible for the dismal 79-82.

Reagan policies not only reversed Carter drag but was the foundation for the prosperous 80s-90s.

Clinton inherited Regan/Bush largess . . . road the pipe . . . and then exited stage left before the fake prosperity was evident. Budget surpluses were the function of a disciplined Republican Congress.

Bush tax cuts resulted in a milder and shorter recession. Budget deficits have come from an overspending Congress (well just the Democrats) and reduced revenue from the transient 90s largess.

Future Bush tax cuts will stimulate growth in the present and future which will increase employment and federal revenue beyond the loses in tax receipts.

If the economy improves Bush will take credit. If it doesn't he will blame anyone and anything else. He needs to make a choice . . . the Presidency is either relevant or not.

 

[ElFenix]

Originally posted by: BDawg
According to the CNN/Gallup poll, Bush's popularity ratings are 5 points lower since late, last week. People aren't buying into his wealthy people's economic plan.

He'd better invade Iraq soon!

the average person knows jack and squat about economics

the best poll ever was one showing how dumb americans are, like "can you point out afghanistan on a map" and then they showed "which news service do you trust most" and of course it was cnn. dumbarses.