Bush Says U.S. Economy Strong, Urges Tax Cuts Be Made Permanent

[sabra]

http://www.bloomberg.com/apps/news?pid=10000103&sid=a4sZdnTnKz1Q&refer=us

Bush Says U.S. Economy Strong, Urges Tax Cuts Be Made Permanent

Jan. 6 (Bloomberg) -- President George W. Bush said the U.S. economy is being propelled by tax cuts that should be made permanent this year.

``Cutting taxes helps people find a job,'' Bush said in a speech to the Economic Club of Chicago. ``The American economy heads into 2006 with a full head of steam. The American consumer is confident.''

The administration is taking credit for a strong economy and a jobless rate of 4.9 percent. Democrats assert Bush is out of touch with middle-class Americans who are struggling with higher prices for medicine, college tuition and home heating costs.

``Bush has his eye on the big picture, claiming credit for the economy,'' said Merle Black, a political scientist at Emory University in Atlanta. ``This is Ronald Reagan politics: Cut taxes, get the economy back.''

[rocktivity]

1. Rocknation says U.S. Preztel-Dunce Nuts, Urges Impeachment

:evilgrin:
rocknation

[Cha]

38. Have A Nice Day!

[rocktivity]

39. Yipes, I've been outed!

:headbang:
rocknation

[Old Smokey]

2. They will never ever quit

until they get those damn tax cuts pushed through.

[dbonds]

3. Wind him up, stick a nickle in his butt, and he says the same thing...

over and over again.

Damn those greedy bastards.

[Arkansas Granny]

4. I've recently heard several economist state that although the

economy is doing well, the middle class and poor are not feeling it yet, only the rich. Sounds like Reagan's trickle down theory.

[mbperrin]

7. Hey, something was trickling down on me during the Reagan years

but it felt suspiciously like piss!

[shanti]

8. and that's exactly what they meant by it!

;)

[Arkansas Granny]

9. I felt that too, but it smelled like something a little more solid.

[adigal]

25. Corporations are making a fortune

and are buying their own stock back. That is why the stock market is limping along, but we are mostly getting pinched.

[Yoda Yada]

5. America has learned...

...to be sceptical of Bush's "urges".

"Urging" America to change Social Security didn't work too well for him.

[HuffleClaw]

6. he's fooling almost nobody

heck, he had to install new economics folks to keep up the 'party line'

[barb162]

10. The economy is limping

and where's the 320,000 jobs a month he promised ( not the ones going to India)

[Ezlivin]

11. Why not drop ALL taxation?

If taxes are so damned evil, why do we have any?

These bastards can't explain that because their fantasy world of "tax breaks lead to a better economy" would be destroyed.

[area51]

12. The U.S. economy is strong...

... in what alternate universe?

[Jamison]

13. It's strong for the rich

but sucks for the rest of us.

[Roland99]

14. Worker wages up 3.1%...inflation up 3.5%...LFPR dropping since 2001

Yeah...great economy, if you're rich.

[corporatemedia]

15. DU this CNN poll on the "strong economy" link ->

http://www.cnn.com/

[DemonFighterLives]

27. No, no full head of steam 74%

I guess he's not fooling too many.
:rofl:

[OKNancy]

16. kick

[Bush_Eats_Beef]

17. Bush trumpets economy's strength ("heads into 2006 w/ full head of steam")

Bush trumpets economy's strength
Economic team to fan out across the country

Friday, January 6, 2006; Posted: 2:32 p.m. EST (19:32 GMT)

CHICAGO, Illinois (AP) -- President Bush shrugged off a report showing weaker-than-expected job growth on Friday and declared that "the American economy heads into 2006 with a full head of steam."

Bush rattled off a string of recent government reports suggesting a growing U.S. economy, and he used his speech to the Chicago Economic Club to prod Congress to extend his administration's tax cuts that are due to expire.

"In 2005, the American economy turned in a performance that is the envy of the industrialized world," Bush said.

Bush, who also visited the Chicago Board of Trade, spoke as he and leaders of his economic team fanned out to trumpet recent improvements in the economy despite Friday's mixed jobs report showing a slowdown in monthly hiring.



President Bush participates in the action during a tour of the Chicago Board of Trade.

http://www.cnn.com/2006/POLITICS/01/06/bush.ap/index.html

[cdb]

18. Full head of Jack and Effexor, Xanax and Percosets is more like it n/t

[Flabbergasted]

19. Undoubtedly he brought up gains in productivity...

The result of a drop in labor cost... Boy thats a good sign George.

[cliss]

20. Stupid Bush is making a classic mistake.

I just read in a book about economic trends that "presidents don't control the economy". Regardless of how much they would like to take credit for a good economy, it's caused by other factors.

The worst part is, when they falsely take credit for an improving economy, the public blames them for when the economy goes badly.

Which it will start doing in February. And the book says when that happens, watch out. The public throws them out and gets a new leader.

Stupid clown Bush doesn't realize this.

[DIKB]

21. "Well,

my bizness buddys are doing grate. Thay keep rolling in the munney."

[politicaholic]

22. God he's stupid. Full head of steam. You gotta be kidding me...

Just don't let him speak anymore.

What wasn't mentioned was the massive 2003 job recatagorization that catagorized fast food workers under the "manufacturing workers" catagory.

What a complete F***nut.

[ixion]

23. head full of something... like manure

that's for sure. :evilgrin:

[adigal]

24. The American consumer is dying

It is just that 40% of them don't know it yet. I hesitate to buy big things, and I have a relatively secure job. Now, how many Americans are secure in our economy???

[0rganism]

26. In 2000, we needed permanent tax cuts because of budget "surpluses"

In 2002, we needed permanent tax cuts because of a recession.

In 2004, we needed permanent tax cuts because of a stagnant economy.

In 2006, we need permanent tax cuts because of a strong economy.

I wish shrub would just cut to the chase, drop the whole "justification" and "rationale" schtick, say he likes tax cuts because they help republicans win elections, and be done with it.

[DemonFighterLives]

28. My take

The economy can't be too good or we would be paying off the debt. That is what is done when one gets ahead a little. Get rid of deficit spending and pay it off. The darn war is really tapping us dry. The rich folks are free riders and only use the lower classes all the more.
:argh:
The greed continues to grow unchecked.

[depakid]

29. This guy will say ANYTHING and the corporate media

will just repeat it over and over and over.

If this country ever does fall into some sort of anarchy, then I hope there's a Mme DeFarge out there doing some knitting and including ALL of the executives in the media corporations who have been co-conspirators in this whole travesty.

They'd be the very first people I'd put on the cart...

[Hardrada]

30. Bush junk rating cut even further down to a BBBB-

Don't invest in him or anything he mentions.

[VegasWolf]

31. Fuck Bush and the horse he rode in on. Wait, keep the horse! We'll

need it after China buys up all the available oil in the middle-east.

Thanks, Brain-dead President!!!

[Hotler]

33. We'll need to eat if these asshole neo-cons stay in power. eom.

[Skittles]

37. bush doesn't ride horses

he is afraid of them; bush is as phony a cowboy as he is a president

[Chicago1]

32. Again, IDIOT BOY has DISPLAYED HOW DISCONNECTED HE IS

To bad NO ONE is buying this and everyone knows that things are MUCH MUCH WORSE than what he is telling us. WE ARE NOT DUMB!!!!


START THE REVOLUTION!!!!!!!

[taught_me_patience]

34. Strong for the oil executives

great... lets make the super rich pay no taxes and everyone else pay more. Then the economy will really skyrocket!



:sarcasm:

taught.

[llmart]

35. People in my area of Michigan......

got their gas/heating bills for last month today and you should hear the gasps and money they are going to have to shell out just to heat their homes. And gasoline is still at $2.35 per gallon here. Who the fuck is he trying to kid anyway?

[rodeodance]

36. i so so so tire of this rhetoric---and the sheepies will believe.

[pinniped]

40. Do we still have deficits or did aHole eliminate it totally already?

?