12:44 - HAPPENING NOW - BUSH CNN Remarks about Economy, etc.

Whats he saying?

"Haha you guys are fucked!" ?

said USA was heading from Recession when he took office.


12 years ago eBay did not exist, today it's big

Small business owners are the ones who create jobs

Economy grows from the bottom up


People earn money, tax revenues go up (my fave (;-)

GOING TO COMPLETELY ELIMINATE DEFICET WITHIN 5 YEARS

Democrats love to spend, 112 million dollars a day
$78,000 per minute.

IF congress has it's way, will be a MASSIVE TAX HIKE.

Expand free trade

Congress must approve

Open up new opportunities

Private Health Insurance more available

Looking forward to workin with Demos and Repubs to solve problems.

Not gonna let congress raise taxes

eBay praise again

not much, but usual crap.

blah blah blah, same shit different day

freak didn't even mention Shuttle launch today.

or Hedge Funds
or anything worthwhile

nevermind the space program

(he could have at least wished fellow space cadets "good luck")

--------
[link to www.bloomberg.com]

Bush Says Economy Thriving, He Will Use Veto to Keep Taxes Low
By Roger Runningen and Holly Rosenkrantz

Aug. 8 (Bloomberg) -- President George W. Bush said the U.S. economy is ``thriving'' and he criticized congressional Democrats for crafting tax-and-spend programs that he said may derail growth or disrupt the path to a balanced federal budget.

Bush, speaking to reporters at the Treasury Department after meeting with his economic advisers, reinforced his promise to veto legislation that doesn't meet his spending targets or raises taxes.

``Democrats in Congress have got a significant appetite for more federal spending'' and are pushing a ``massive tax hike,'' Bush said. ``I will use the veto to keep your taxes low and to keep federal spending under control.''

Bush and Democrats in Congress are on a collision course over the budget for the next fiscal year. Bush is demanding that lawmakers stay within the $933 billion he set for domestic discretionary spending, the portion of the budget subject to annual appropriations. That amount, a third of the total federal budget, is up $60 billion, or 6.9 percent from a year ago, and Democrats want to spend $22 billion more.

The president or his advisers have issued veto threats on nine of the 12 annual spending bills if they exceed his budget.

Bush and his economic advisers argue that the U.S. economy is performing well with sustainable growth that continues to support job creation.

``The labor market is still strong'' and the U.S. has adjusted to near-record oil prices ``in a way that's not detrimental to the economy,'' Edward Lazear, the top White House economist, told reporters Aug. 3.

The administration projects that the U.S. budget deficit will drop to $205 billion this year, the lowest since 2002, before rising to $258 billion in 2008 as revenue growth slows. The White House projects a budget surplus three years after Bush leaves office.

"Bush Says Economy Thriving,..."

Clearly this shows him to be a know-nothing.






Z

I don't suppose he's going to mention that our economy is in the shitter because of his hobby the US war on the Middle East? Or because he's allowing his cronies to rape and pillage our economy while he's still in office?

Those are the only two actual reasons that we went from a surplus to the most massive deficit in history, all during his administration.

ebay=internet thrift store

The more thrift stores in a town, the worse off the town's economy is.