i dont think so. If we have a problem with the American economy it is that it is too hot and too strong. liberals say, "well look at all the jobs and clinton made annd bush lost." well the recession is done and jobs are booming. Jobs are always the last thing to recover because employers sit there and wring their hands and are cautious as to whether this economic boom is really real becaue they dont want to hire all of those people again and have to lay them off again. Employement will boom this month and next month. It has been booming for the last ten months.
The only thing wrong with the economy is it may become too hot and inflation might occur. in which case interest rates rise.
Now to the Bush stance with economy. Over the last 100 years economy has been the determining factor in elections. In 1991, Bush the First ran for reelection and Clinton was the opposer. Clinton's entire campaign was about how bad the economy was and he got elected. he stayed in office in 96 because the economy was doing well (also because the republicans threw Dole at Clinton [enough said]). In 1980 Carter's economy was the worst since the Great Depression and Reagen got elected. Even when Carter was elected it was because the economy was really bad. You can even trace it back to FDR. he was elected because of the economic crash. By October we will have one of the strongest econmies in a good while. Based on historical repitition, I beleieve Bush has a good chance of reelection.
What do the dems have to trash about the economy?
well the only thing about the economy besides being too strong is job outsourcing.
First, some jobs may be going over sea but look at all the jobs being made here. THey do it because its cheaper. ITs cheaper because places like China dont have social security taxes, miniumum wage, benefits, sick call, vacations, LAWS, sexual harrasment policies and also the eight billion law suits people file against companies. What can you do stop outsourcing? NOTHING. The only way for American jobs to stop outsourcing is if people put up wiht high prices for goods. would you buy a product made in America for $40 or would you buy a China product for $5? I dont know many people that would buy that first product.. it is happening because it is possible.
It started during Clinton's presidency but you cant blame him just as you cant blame Bush for the outsourcing.

for all you coalition haters out there i am not imposing my viesw on anyone. i am just sharing my views just like the rest of you and am trying to help people see my point. (this topic was brought to my attention by Mark Belling).

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Greenspan trumpets growth, dismisses inflation
Washington
July 21, 2004 - 9:47AM
US Federal Reserve chairman Alan Greenspan pauses during the beginning of his two-day monetary policy testimony on Capitol Hill in Washington.
Picture:Reuters
Federal Reserve chairman Alan Greenspan on Tuesday said the US economy has entered a sustainable expansion that should weather a June slowdown and is under no serious threat from inflation.
The Reserve chief told the Senate Banking Committee faster growth was creating price pressures but some of them, like energy costs, were temporary, so interest rates likely can rise to an unspecified "neutral" level at a "measured" pace.
"Those higher prices, by eroding households' disposable income, have accounted for at least some of the observed softness in consumer spending of late, a softness which should prove short-lived," Greenspan said in his semiannual Congressional testimony on monetary policy.
During a 2½-hour appearance that will be followed by testimony on Wednesday before the House Financial Services Committee, the Reserve chief said the economy had shown improvement already in July, particularly in auto sales.
"There is no real underlying evidence of any cumulative weakness here. It is nonetheless the case that the little bulge in inflationary pressures seems to have created a soft patch here and it is something obviously we are watching very closely," he said.

While saying rising prices did not pose a major risk right now, Greenspan warned that policy-makers couldn't be sure inflation would stay benign indefinitely given still-low interest rates.
Should inflation pick up and make bigger rate rises necessary, "our economy appears to have prepared itself for a more dynamic adjustment," Greenspan said.
He underlined Reserve commitment to price stability by saying policy-makers were ready "to respond promptly and flexibly as situations warrant."
Greenspan told lawmakers the Reserve has deliberately avoided spelling out what it means by "measured" rate rises, though financial market participants take the word as a prescription for modest moves of a quarter percentage point.
He said the Reserve's benchmark federal funds rate needs to rise to a level that is considered neutral - enough to curb inflation without depressing growth - but conceded he did not know what that level was.
"Actually, we don't know what neutrality is until we get there," he said when pressed to define the term. "You can tell whether you're below or above, but until you're there, you're not quite sure you are there."
Greenspan's overall message on the economy, with just a few months left before the presidential elections, was upbeat.
"Not only has economic activity quickened, but the expansion has become more broad-based and has produced notable gains in employment," he said.
Stock investors took Greenspan's comments positively, driving the Dow Jones industrial average up 55.01 points, or 0.54 percent, to 10,149.07 and the high tech-laden Nasdaq Composite Index ended ahead 33.24 points, or 1.76 percent, to 1,917.07.
Bond prices dropped in the apparent belief a strengthening economy will bring a series of rate rises. The 30-year US Treasury bond fell nearly a full point and its yield, which moves in the opposite direction, climbed to 5.17 percent from 5.11 percent on Monday.
Greenspan also presented the Reserve's latest forecasts for growth, employment and inflation this year and next.
The Reserve expects 2004 real economic growth of 4.5 percent to 4.75 percent versus a forecast in February for growth of 4.5 percent to 5.0 percent.
The central bank said so-called core inflation, which excludes energy and food costs, as measured by the Commerce Department's personal consumption expenditures index, should rise by a relatively mild 1.75 percent to 2.0 percent.
Greenspan said faster job creation was bolstering incomes and consumer spending, notwithstanding a June lull when retail sales weakened, and this added some inflation pressure.
"The evident strengthening in demand that underlies this improved performance doubtless has been a factor contributing to the rise in inflation this year," he said. "But inflation also seems to have been boosted by transitory factors such as the surge in energy prices."
Recent price increases appeared in many cases to be caused by businesses attempting to raise profit margins rather than by increased production costs, Greenspan added.
"For the moment, the modest upward path of unit labor costs does not appear to threaten longer-term price stability, especially if current exceptionally high profit margins begin to come under more intense competitive pressures at home and from abroad," Greenspan said.
"But we cannot be certain that this benign environment will persist and that there are not more deep-seated forces emerging as a consequence of prolonged monetary accommodation," he added.
The Reserve cut short-term interest rates to a 1958 low of 1 percent by mid-2003 after a 13-step process that began in 2001. At its last policy session on June 29-30, it began reversing course by lifting the Reserve funds rate a quarter percentage point,.


Bush/Cheney ‘04

Interim President Vice President Redrepublican esq., CFO Co founding Father

this post has proudly been deemed racism free by teh Honorable Coalition of Bushsupporter, Marine 16, notsojoey, FreeMarketLover, Redrepublican, jokly, RepublicanChick and TruthfullySpeaking and their endless pursuit to cast out the bigotry that has infiltrated youthNOISE.

maharini 15,

look at this and please refer all economy arguements to this page.

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quote:

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but when I read this post, I sobbed with joy.

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Funny. When I read that line, milk came out my nose.

Tax cuts will keep inflation low, they always do.

thank you notsojoey and Bushsuporter. the light needs to be shone in this dark place.

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Boars like this, red, re-affirm why you a member of a great coalition. No one has posted anything to the contrary because they know there is nothing to argue about. You hit the nail on the head. I tremble with anticipation in hope for your next board.

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I am a strong man, and don't often show my emotion, but when I read this post, I sobbed with joy. Your reason is perfect, that is why the ignorants cannot respond. I stand with marine in support of you. This is certainly one of the many reasons that you recieved a YAY as my vote. Your reason and coherence cannot be argued and you are a fiine member of the Coalition. Thank you for standing tall with us in the face of danger and adversery.

"Freedom is not Free"-Korean War Memorial, Washington DC.

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THank you Marine 16. it just goes to show you that the liberals know its true and they will use any crack pot excuse to show you otherwise.

this post has proudly been deemed racism free by the Honorable Coalition of Bushsuporter Marine 16, notsojoey, FreeMarketLover, and Redreopublican and their endless pursuit to cast out the bigotry that has infiltrated youthNOISE.

It is pathetic that Red creates one of the most intellectual and coherent board on youthNOISE and non of your morons even respond to it. is it over your heads? Probably. Do you idiots have trouble reading more than five lines in a post? Probably.

Hang in there Red, even if the rest of these 'intellectuals' don't appreadciate what you are doing, your fellow Coalition does.

*This post has proudly been deemed racism free by the Honorable Coalition of Bushsupporter, Marine16, notsojoey, FreeMarketLover, and Redrepublican. in their endless pursuit to cast out the bigotry that has infiltrated youthNOISE.*

Your bring up a good point about jobs going overseas Red. The only way to prevent this is loosen restriction on corporations at home. Can we blame them for leaving the States to have a little bit of breathing room? I can't. Bush is doing a good job at keeping corporations at home and creating jobs in place of the ones that have left. If Kerry is elected he will raise taxes on corporations so they stay in the States. That doesn't even make sense!

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