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Last post 20 years ago by DrMaddVibe. 4 replies replies.
Bush downgrades economic outlook
xibbumbero Offline
#1 Posted:
Joined: 01-25-2002
Posts: 12,535
President Bush stated the economy is not moving forward as anticipated. The job market in particular. X
RICKAMAVEN Offline
#2 Posted:
Joined: 10-01-2000
Posts: 33,248
xibbumbero

it might be tough for him to find a job next jan.
Homebrew Offline
#3 Posted:
Joined: 02-11-2003
Posts: 11,885
Trickle down economics, didn't work, in the 80's, and will not work now. Bush's tax breaks, did give a boost to the stock market, but did not create jobs for Americans, as it was expected. It did bring more jobs to sweatshops in China. Why pay an American, a decent living wage, when the chinese work for pennies on the dollar. The tax breaks would have been more effective without NAFTA. But in this free trade world, in which we live in, Corparations, have found, that investing their money, in domestic factories doesn't pay off, when you have a much cheaper workforce elsewhere. But don't worry, it will balance out, when there is no middle class to purchase the cheap products made in China. And since the third world, pays slave labor wages, the workers can't afford the products either. So when the markets close up, the corp. heads will be out of a job as well. But that's OK, they will have saved for a rainy day
Later
Dave (A.K.A. Homebrew)
JonR Offline
#4 Posted:
Joined: 02-19-2002
Posts: 9,740
Yo Rick: Don't worry yourself silly, I'm sure kerry will find a job in January most likely making ketchup in one of his wifes factories. I heard a rumor that she wants to change the word ketchup to kerrychup in honor of kerrys losing bid for the Presidency. JonR
DrMaddVibe Offline
#5 Posted:
Joined: 10-21-2000
Posts: 55,528
I heard she was gonna introduce him to Jimmy Hoffa.
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