economic growth

[delusional]

ever since bush took office the the economy has been growing.
5.4 million jobs have been created since august 2003 and unemployment is at a all time low of 4.6% average the economy is growing 5.6% every year productivity is up 3.7% consumer spending is up 3.1% industrial production is up 4.3% over 12 months
and if things continue to rise the deficit will be cut in half by 2009 due to budget cuts tax revenues grew by 274 billion or 15% and tax relief keeps 880 billion dollars in our pockets

 

[MultiVaC]

I typed "economy under bush" into Google. First thing it came up with is: http://www.dkosopedia.com/wiki/Economy_Under_George_W_Bush

It doesn't look good. It contradicts some of your statistics. Maybe that's biased, but what is your source? And a 4.6% unemployment rate is NOT an all time low.

 

[pomegranate]

it's pretty frickin' hard for any stable, developed economy to not have continued growth every year... Bush'd have to be ****ing up even more than he is not to have growth through his terms in office...

 

[Tr0n]

http://www.brillig.com/debt_clock/

Yes, that's 8 trillion since bush has been in office.

 

[^Ben]

Hrmmm, this has popped up on a couple of websites I am on; looks like GOP is in full damage control.


"As of May, 2005, there have been 893,000 jobs created over the first 52 months of the Bush presidency - a gain that is due solely to the 917,000 jobs created in the government sector that offset the 24,000 jobs lost in the private sector. Since the Great Depression, no other president who served at least 52 months has overseen a net loss in private sector jobs through this point. In addition to lack of job growth, real weekly and hourly wages have declined since the start of the recession. At a time when middle-class Americans are experiencing stagnant wages and vanishing benefits, CEO pay continues to rise."

""When speaking with a group of women small business owners on Jan. 9, Bush said that "unemployment dropped today to 5.7 percent," claiming that this "is a positive sign that the economy is getting better." Unfortunately, according to the Baltimore Sun, that is not the case. The Sun reported that underlying that positive number was "grim economic news—only a handful of new jobs were created and hundreds of thousands of discouraged people dropped out of the workforce." Although unemployment fell from 5.9 percent to 5.7 percent in December, only 1,000 new jobs were created. Furthermore, the work force typically grows when the economy advances, but in this instance it shrank due to the 309,000 people who stopped looking for work. The withdrawal of these workers from the work force, not new jobs, pushed the unemployment rate down, as no significant number of jobs were created in December. The Sun went on to say that "the December numbers are a continuation of a long period of inadequate job creation." The economy has lost more than 2 million jobs since employment peaked in Feb. 2001, and gains in recent months have been "miniscule.""
"

""The Labor Department recently announced that the unemployment rate reached a nine-year high of 6.1% due to the loss of 17,000 " "

"Tax cuts:
"Tax Cuts, Economy Push Federal Deficit to Record Highs
Consistent with the record deficits forecast for fiscal years 2003 and 2004, the federal deficit totaled $193.9 billion during the first five months of fiscal year 2003, according to information released by the Treasury Department. This figure is almost three times the deficit amount for the same time frame last year. According to the Associated Press, lower tax revenue due to a struggling economy and lower tax payments from individuals and corporations contributed to the soaring deficit." "

I could go on. Or do you want to bring up another talking point?

 

[gick]

ever since bush took office the the economy has been growing.
5.4 million jobs have been created since august 2003 and unemployment is at a all time low of 4.6% average the economy is growing 5.6% every year productivity is up 3.7% consumer spending is up 3.1% industrial production is up 4.3% over 12 months
and if things continue to rise the deficit will be cut in half by 2009 due to budget cuts tax revenues grew by 274 billion or 15% and tax relief keeps 880 billion dollars in our pockets

He may have fixed the economy, but can he use punctuation?

 

[Korgoth]

ever since bush took office the the economy has been growing.
5.4 million jobs have been created since august 2003 and unemployment is at a all time low of 4.6% average the economy is growing 5.6% every year productivity is up 3.7% consumer spending is up 3.1% industrial production is up 4.3% over 12 months
and if things continue to rise the deficit will be cut in half by 2009 due to budget cuts tax revenues grew by 274 billion or 15% and tax relief keeps 880 billion dollars in our pockets

Where did you copy and paste this from? Give us the link, then we'll talk.

 

[kirovman]

If you come out of deficit too quickly (like halving by 2009), doesn't that spark economic catastrophe?

 

[15357]

If Bush ups the GDP by 50 times what it was before, like our President General Park Chung Hee did, I'd be more impressed.

 

[Tr0n]

If you come out of deficit too quickly (like halving by 2009), doesn't that spark economic catastrophe?

Aruuuuu?

 

[No Limit]

ever since bush took office the the economy has been growing.
5.4 million jobs have been created since august 2003 and unemployment is at a all time low of 4.6% average the economy is growing 5.6% every year productivity is up 3.7% consumer spending is up 3.1% industrial production is up 4.3% over 12 months
and if things continue to rise the deficit will be cut in half by 2009 due to budget cuts tax revenues grew by 274 billion or 15% and tax relief keeps 880 billion dollars in our pockets

Your username is dead on. How can you possibly cherry pick statistics like that and actually believe your own post? Millions of jobs have been lost in the time Bush has been in office, the surplus under clinton is now a record deficit, and the GDP is down.

The stats you used are directly off Bill O'Reilly's talking points, I'll get you the link later.