Bush and the Republicans are to blame for the poor economy

It is the economy that will determine the next President of the United States. Unfortunately for John McCain, the voters will blame his party, the Republicans. When President Bush still says stuff like this.

And what does Mr. Bush have to say about this dismal record? “I think when people take a look back at this moment in our economic history, they’ll recognize tax cuts work.” Clueless to the end.

Give it a chance, those trickle down tax cuts should make it to the voters by the year 2050 or so. One day I will be able to have a good laugh about this inept President, but it is effecting me and you so deeply in direct ways that it is difficult to find any humor in all this. Yes, blame Bush for the economy and don’t allow John McCain to continue this economic mediocrity. McCain equals a third Bush term, but worse, much worse.

By huge margins, Americans think the economy is in lousy shape — and they blame President Bush. This fact, more than anything else, makes it hard to see how the Democrats can lose this election.

But is the public right to be so disgusted with Mr. Bush’s economic leadership? Not exactly. We really do have a lousy economy, a fact of which Mr. Bush seems spectacularly unaware. But that’s not the same thing as saying that the bad economy is Mr. Bush’s fault.

On the other hand, there’s a certain rough justice in the public’s attitude. Other politicians besides Mr. Bush share the blame for the mess we’re in — but most of them are Republicans.

The decision this November is clear: more of the same ineptitude or an injection of fresh energy. After all, twelve years of trickle down with the Reagan/Bush era between 1981-1993 and now eight years of Bush from 2001-2009. Isn’t twenty years of this confidence game played on the Amercian voters by the Republicans enough. Reading on Walden Bookstore.

7 Responses to “Bush and the Republicans are to blame for the poor economy”

  1. Offshore Drilling is a huge issue right now and rightly so. Between the desire to deal with the economic mess that is being spurred by the price of oil and the on-going longer-term concern of global warming, how do we address all of this? The soaring oil prices are affecting the costs of everything from food to gas. There are also significant issues on local and global environmental impact. While there are many issues, we need to look at our next leader and determine which will have the best course of action going forward. Think that everyone is missing the point of this oil crisis. We need a new resource not more oil. We need a solution to this problem not another way around it… US Offshore Oil Drilling this is the problem that Obama and McCain need to solve this problem..

  2. Well, the people directly responsible for the economic downturn are Alan Greenspan and Ben Bernanke. Second comes Bush and the Congress for their massive spending, demand for inflation, ethanol subsidies and more.

  3. Reading, let me correct your title: “The Public Blames Bush and the GOP for the Poor Economy

    Who’s in charge of Congress and only needs to compromise just enough to get 4-5 GOP votes to pass anything they want? And who has proven unable to do that? Congressional approval rating is 12%; of course, 40% of the public also thinks the GOP is in charge of Congress. Doesn’t speak well of the knowledge of the public at the moment, does it?

    The NYT, bleeding cash, massively inefficient and losing revenue like mad, is hardly a source for sound economic advise if they can’t even save their own organization.

    You seemed to leave out the 8 years of Clinton there. Deficits did shrink then because the GOP took over the Congress. Sadly, they started acting- and spending- like Democrats, which is why they lost power. If Obama does end up in the White House, I fully expect the GOP to retake the Senate in 2010. After all, The dems exceeded the GOP ineptitude in the legislature in a very short time; I’m sure Obama- given his current track record (as short as it is)- can easily match them. Expect $6 a gallon gas by next summer.

    How people ‘feel’ may determine the election, but it won’t fix a darn thing economically. Obama’s solutions amount to trillions more out of our pockets to the government and the NYT is a model of efficiency compared to the feds. And that inefficiency doesn’t change much, no matter who’s in the White House.

  4. The shrinking deficits didn’t help the national debt, Clinton would never have paid it off even if he had another 24 years.

  5. A couple of things that are being missed. Debt is not bad, almost every person and every corporation has debt, too much debt is bad though. Additionally, debt that is incurred to produce capital, such as roads, bridges, modernize the electrical grid, etc… is quite different from debt that is incurred to pay for a war. One produces tangible economic dividends, the other intangible circumstantial dividends.

    Mike, what you say about the GOP being in charge during Clinton’s era that brought about the fiscal responsibility is quite amusing to me, even if it is true. Let me explain. Having the counter party to the president in control of congress is probably detrimental to passing legislation, in which I equate passing legislation to spending money. The other thought is that maybe we just need more sex scandals to occupy the congress time so they don’t get bored and decide to break out the American Tax Payers credit card.

    Probably this is why impeachment is off the table by Pelosi, it would take too much time away from their legislative shopping.

  6. But McCain has a winning strategy for the economy! Well, a strategy of some sort at any rate:

    http://thebruceblog.wordpress.com/2008/07/07/john-mccain-admits-inhaling/

  7. DaveNate: I agree the best situation is opposing parties in our government. Even I never want to see the GOP (even a GOP with Neocons out of power) in control of both houses and the presidency. Definitely bad news for the taxpayer and the capitalist (i.e. anyone with investments) if the Dems get the whole enchilada. It’s a primary reason I’ll stick with McCain.

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