As long as the maority of Americans do not see an improvement. They will not vote for Bush simply because his campaign contributers have much higher take home pay and are raking in big stock and corporate profits while still reticent to hire more workers.
"Greed is good and we're keeping it at the top".
As with all economic cycles the jobs market will eventually turn around. Bush has done far less than he could have by cutting taxes where they benefit his constituency the most rather than where they have the most near term stimulous and by screwing the long term outlook by creating a higher interest rate environment through huge deficits. These mistakes pale in comparison however to Clinton's failure to respond to Al-quida and Saddam.
America's economy will eventually return to health even if not to the perfect health it had in the low interest rate 90s. Bush just has to hope the average Joe sees a turnaround before the election and falsely claim credit like Clinton did before him.
Regards,
Mark
Current Events » in reply to Economy slowing
The Economy Will Remain An Issue
The whole thread (20 posts)
- "If you look at the appropriations bills that were passed under my watch, in the last year of President Clinton, discretionary spending was up 15 percent, and ours have steadily declined." Bush
