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Treasury Sec says we'd be happy if not for the high fuel and health costs

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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:16 PM
Original message
Treasury Sec says we'd be happy if not for the high fuel and health costs
Edited on Fri Aug-18-06 02:42 PM by bigtree
08-18-2006

Energy, health costs mask strong US economy: Paulson

U.S. Treasury Secretary Henry Paulson said on Friday that high energy and health care costs were interfering with Americans' ability to feel the benefits of a solidly growing economy.

Paulson and other top advisers spoke with reporters on a conference call after meeting President George W. Bush at the presidential retreat in Camp David, Md., where they talked over the condition of the economy.

Administration officials, with congressional elections in November, have expressed private frustration that polls indicate many Americans feel uneasy about their future and don't credit the White House for an expanding economy.

"They're much better off than they would be if the economy were growing slower or weren't growing, but many Americans aren't feeling it in terms of their own economic situations," Paulson conceded. "Part of this is a result of energy costs and health care," he said.

http://news.yahoo.com/s/nm/20060818/pl_nm/economy_treasury_energy_dc&printer=1


no shit. the other part of our nation's mounting debt is a result of your clan's rape of our treasury for yourself and for your rich friends. I'll give them some credit. I give Bush credit for breaking everything he's touched. And, I'll credit his crooked cabal with covering it up with their cheating lies.


Press Briefing by Secretary Henry Paulson, Department of Treasury, Director Rob Portman, Office of Management and Budget, and Chairman Edward Lazear, Council of Economic Advisers, on the President's Meeting with Economic Advisors Via Teleconference

http://www.whitehouse.gov/news/releases/2006/08/20060818-2.html
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:20 PM
Response to Original message
1. weather report says we'd be dry too
if it wasn't for the hurricane.

Well, stagnant wages might figure in there too.
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wryter2000 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:20 PM
Response to Original message
2. Yeah, and...
We'd all be rich if it weren't for the shortage of money.
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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:22 PM
Response to Original message
3. I wonder if he factored in those of us who sell health insurance and
receive royalty checks from oil and gas? Just saying.
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:22 PM
Response to Original message
4. And we'd be free if it wasn't for the corporate junta takeover
Treasury Sec needs monocle so he can see out his navel, his head's so far up his ass
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oscar111 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:33 PM
Response to Reply #4
10. Monocle.. he already has one, and a top hat and spats and an ivory cane
.. spats are cloth over the shoes, for you twentysomethings.

LOL
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:38 PM
Response to Reply #10
12. Damn, now I have an ear-worm and will have to work on parody
of Puttin On the Ritz*

*And, old enough to know it was done long before Gene Wilder OR Taco
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:22 PM
Response to Original message
5. and the inflation connected
to the high fuel and health costs which means my money goes half as far as it used to. What an asshat. For working people, that IS the economy.
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Cosmocat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:31 PM
Response to Reply #5
9. The quote says it all ...
"They're much better off than they would be if the economy were growing slower or weren't growing, but many Americans aren't feeling it in terms of their own economic situations," Paulson conceded. "Part of this is a result of energy costs and health care," he said.

THIS to a T, is the mentality of the republican machine, and they don't even get it ... "THEY are amuch better off ... blah, blah ... But they aren't feeling it in terms of their own economic situations ..."

The disconnect there is just mindblowing ... They just want the sheep to buy their half hearted BS ...
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shain from kane Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 03:40 PM
Response to Reply #9
13. Barbara Bush at the Astrodome.
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:23 PM
Response to Original message
6. we would be alot happier if we didn't have these
Edited on Fri Aug-18-06 02:24 PM by alyce douglas
assholes ruining our country. sorry for gettig off topic.
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bigtree Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:27 PM
Response to Reply #6
7. right ON topic
to the point
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oscar111 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:31 PM
Response to Original message
8. JOB SHORTAGE is 14 million
Edited on Fri Aug-18-06 02:39 PM by oscar111
see sig for source, fed site

how happy would those jobless be even with cheap oil and no rise in fees to docs.....

{who are only available to the middle and upper classes}?

PS three percent growth.. the usa long term rate... is not strong.

THat figure.. may not even include the disaster of the 'thirties.

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QuestionAll... Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:34 PM
Response to Original message
11. heh, finance and health...
if it weren't for those two minors things ....
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