View Full Version : When A Country Leans to the Right
1stFlight
07-03-03, 11:39 AM
This happens ...
http://abcnews.go.com/wire/Business/ap20030703_857.html
I'm really missing where Bush is doing a good job....
vampireuk
07-03-03, 11:43 AM
Thats a lot of people out of work:eek:
Sickness
07-03-03, 11:45 AM
What does the government have to do with how the economy is doing? Unless you think the government runs the free market. I don't think you have a clue about economics.
1stFlight
07-03-03, 11:46 AM
Yeah but at least they got a tax cut .....
:rolleyes: :rolleyes:
Originally posted by vampireuk
Thats a lot of people out of work:eek:
1stFlight
07-03-03, 11:47 AM
Actually the government has a great deal to do with how an economy goes.... even in free markets. Unless you have some evidence to the contrary.
Originally posted by Sickness
What does the government have to do with how the economy is doing? Unless you think the government runs the free market. I don't think you have a clue about economics.
Sickness
07-03-03, 11:48 AM
Originally posted by 1stFlight
Yeah but at least they got a tax cut .....
:rolleyes: :rolleyes:
Yes they did, hopefully the democrats are not re-elected to enjoy the upturn in the economy when these tax cuts kik in.
Sickness
07-03-03, 11:49 AM
Originally posted by 1stFlight
Actually the government has a great deal to do with how an economy goes.... even in free markets. Unless you have some evidence to the contrary.
How so? All the government can do is alow for a free market. Market swings are natural events.
1stFlight
07-03-03, 11:53 AM
Swings yes, depressions/recessions no. And yes, we're in a recession defined as two consecutive quarters of negative growth.
That and the expected wartime boom, flizzled. Guess Bush couldn't create a war to help the economy out this time... gotta hand it to him, nice try.
Originally posted by Sickness
How so? All the government can do is alow for a free market. Market swings are natural events.
Originally posted by Sickness
How so? All the government can do is alow for a free market. Market swings are natural events.
small things like investor confidence and what not :)
economic uncertainty is NOT something that will make people invest their money :)
tax cuts work... depending on their structure... the structure of the current tax cut is not what is required to stimulate the economy...
also... gigantic deficits don't help either...
Originally posted by 1stFlight
Swings yes, depressions/recessions no. And yes, we're in a recession defined as two consecutive quarters of negative growth.
That and with the expected wartime boom, flizzled. Guess Bush could create a war to help the economy out this time... gotta hand it to him, nice try.
not entirely true m8...
the economic swings are not entirely dependent on the government... read my post...
they are affected by them certainly... but are not dependent on them...
war time normally leads to an economic recovery but we have not been involved in a war like this before...
however IMO the administration's policies are iffy... the ideas aren't bad ... better than I thought they would be (still not something I would advocate :D ) but the implementation is flawed... IMO being the key word there...
1stFlight
07-03-03, 11:58 AM
Actually is history holds out, the next Democratic president will be the one who digs us out of this mess, only to recieve none of the credit. :rolleyes:
Originally posted by Sickness
Yes they did, hopefully the democrats are not re-elected to enjoy the upturn in the economy when these tax cuts kik in.
vampireuk
07-03-03, 11:58 AM
Welcome to politics sickness ;)
If the enconomy does well they are hailed, if it falls they fall with it. I bet you this weeks paycheck if the economy was booming every right winger would be saying how great bush is:p
Sickness
07-03-03, 11:58 AM
Originally posted by 1stFlight
Swings yes, depressions/recessions no. And yes, we're in a recession defined as two consecutive quarters of negative growth.
That and with the expected wartime boom, flizzled. Guess Bush could create a war to help the economy out this time... gotta hand it to him, nice try.
So much for military industrial complex theories on the American economy. lol, Bush has absolutely nothing to do with supply and demand. Again I don't think you have a clue about economics.
vampireuk
07-03-03, 11:59 AM
Before it starts if anyone starts with personal comments and mud slinging this thread will be locked.
Originally posted by vampireuk
Before it starts if anyone starts with personal comments and mud slinging this thread will be locked.
whats the update in england m8 ?
hows blair holding up ?
I wonder if henmans exit will lead to lower poll ratings for blair ?
:cool:
Sickness
07-03-03, 12:02 PM
Originally posted by vampireuk
Welcome to politics sickness ;)
If the enconomy does well they are hailed, if it falls they fall with it. I bet you this weeks paycheck if the economy was booming every right winger would be saying how great bush is:p
lol, like they did with clinton. Even though he had nothing to do with the economic boom of the 90's. No I don't accredit any party with actually having a hand in a countries boom or bust economic cycles.
1stFlight
07-03-03, 12:02 PM
I'm still waiting to hear your clue.
Sorry, no one hear is buying your assertion that the government is helpless when it comes to these matters. Especially when there is evidence to the contrary.
Originally posted by Sickness
So much for military industrial complex theories on the American economy. lol, Bush has absolutely nothing to do with supply and demand. Again I don't think you have a clue about economics.
vampireuk
07-03-03, 12:04 PM
Originally posted by Sazar
whats the update in england m8 ?
hows blair holding up ?
I wonder if henmans exit will lead to lower poll ratings for blair ?
:cool:
Blair is still holding out, he is avoiding any meeting to do with Iraq because he will get a roasting over it. Because he is avoiding the issue more and more people are getting pissed off about sending our boys to war with a "lie". Hey you know us Brits, we see a turd and call it a turd:D
Edit: BTW welcome to the boards Sickness:cool:
1stFlight
07-03-03, 12:06 PM
Could Blair be forced to step down over this?
Originally posted by vampireuk
Blair is still holding out, he is avoiding any meeting to do with Iraq because he will get a roasting over it. Because he is avoiding the issue more and more people are getting pissed off about sending our boys to war with a "lie". Hey you know us Brits, we see a turd and call it a turd:D
Edit: BTW welcome to the boards Sickness:cool:
Sickness
07-03-03, 12:06 PM
Originally posted by 1stFlight
I'm still waiting to hear your clue.
Sorry, no one hear is buying your assertion that the government is helpless when it comes to these matters. Especially when there is evidence to the contrary.
Supply and demand. What is your theory? What evidence? ABC news article stating that coincidentally the American economy is in a downturn.
Read up on economics, I recomend. http://www.hayekcenter.org/friedrichhayek/hayek.html
vampireuk
07-03-03, 12:08 PM
Originally posted by 1stFlight
Could Blair be forced to step down over this?
It seems unlikely, which is a shame. I hope my country speaks with their voting card over his several years of neglect and outright lies.
Lucien1964
07-03-03, 12:16 PM
The policies a givin administration creates takes years for the affect to take hold. Its common knowledge that the markets have massive swings thus affecting a sitting president. The boom of the 90's is not Clintons doing alone. The dot com crash and various other factors contribited to this slow down and blaming Bush on the jobless rate is pure BS. If Gore was prez he would be battling the same conditions.(Thank god hes not.) :rolleyes:
The down turn started before Bush was in office. 1stFlight is just repeating the Democratic line and one that isn't convincing any one.
This isn't a flame.
1stFlight believes the govenment can do better than the private sector so it is natural he will blaim the current administration for the private sector's economic swings. He is actually consistant on this but wrong. I see it as non of the governments business mucking with the economy there for I don't blame Bush or Clinton for the current down turn. I will say how ever the progressive tax system both parties try to finagle is a major hinderance to major economic growth.
Lucien1964
07-03-03, 12:18 PM
Originally posted by UDawg71
The down turn started before Bush was in office. 1stFlight is just repeating the Democratic line and one that isn't convincing any one.
Damn you beat me to that little piece of info. Your good ..your really good. :)
vampireuk
07-03-03, 12:19 PM
He has me going:p
The best thing about the whoooooole system of politics is that any idea takes a long time to work fully. That is why the economy goes up and down and up and down. One party comes in and starts something then another party gets elected scraps that and goes for something else. Silly sods the lot of em:D
vBulletin® v3.7.1, Copyright ©2000-2012, Jelsoft Enterprises Ltd.