Misrepresenting Bush's Economy

The George Washington University Hatchet ^ | October 27, 2003 | Gary J. Livacari

[GaryL]

The American economy is recovering, and recovering fast. Productivity, home ownership, across-the-board income levels, retail sales and consumer spending are all rising rapidly. The foundation of our economy, the American stock market, has recovered nearly $3 trillion in lost wealth. We have also recovered nearly 70,000 jobs, and many economists are predicting a 5 percent to 7 percent increase in economic growth over the next quarter.

[gov_bean_ counter]

The job gain lie being tossed around by Dems during the Clinton years also debunked earlier today.

[McGavin999]

Yeah, but you'll never hear that on the evening news. They don't dare let the truth out. The only problem is, how are they going to keep lying when the truth is staring everyone in the face?

[Always Right]

The only problem is, how are they going to keep lying when the truth is staring everyone in the face?

No matter how good the economy gets there is always something negative to point out. The Democrats will say only the wealthy are benefiting. That there are millions of homeless people. Or that we still lost jobs. Or look at the deficit. The economy is never perfect.

[LiteKeeper]

SPOTREP

[Norse]

HEY...I thought free trade was destroying our economy!!

...right

[lelio]

The foundation of our economy, the American stock market

Odd, when the market goes down people say that the market isn't the economy. Now that has recovered to where it was 4 years ago it suddenly is "the foundation of our economy"?

We have also recovered nearly 70,000 jobs

I suppose you have to start somewhere, but this is a drop in the bucket to what's been lost over the past 3 years.

[LibertyAndJusticeForAll]

3 million jobs gone since Bush took office. We have a ways to go before the unemployed and the underemployed will be rejoicing. Further evidence of the job problem here:

"A federal loan would mark the first time California has been forced to beg for money from U.S. authorities for its unemployment insurance program, which is expected to go bankrupt in January. Six other states, including Texas,
New York and Illinois, have applied for similar bailout loans since last year during the national economic decline."

http://www.freerepublic.com/focus/f-news/1009623/posts