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WOES FOR DUBYA
New York Post ^ | May 4, 2003 | CYNTHIA VESPERENY

Posted on 05/04/2003 5:14:10 AM PDT by sarcasm

Edited on 05/26/2004 5:13:44 PM PDT by Jim Robinson. [history]

May 4, 2003 -- If history is a lesson, President Bush's re-election bid has already been ambushed by rising unemployment, weak economic growth and the bear market.

"Unless the economy stages some sort of miracle comeback, the outlook for the president is grim indeed," said Donald Straszheim, head of independent research boutique Straszheim Global Advisors.


(Excerpt) Read more at nypost.com ...


TOPICS: News/Current Events
KEYWORDS: gwb2004
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1 posted on 05/04/2003 5:14:10 AM PDT by sarcasm
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To: sarcasm
The same economic politial predictors claimed there was no way W could beat Gore.
2 posted on 05/04/2003 5:25:18 AM PDT by finnman69 (!)
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To: finnman69
Remember that FDR parlayed a stock market crash and routine downturn into a Great Depression because the public perveived he cared and the opposition offered no attractive alternatives. Particularly with the dumbed-down electorate we have now, perception is more important than reality.
3 posted on 05/04/2003 5:28:35 AM PDT by Vigilanteman
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To: sarcasm
Oh pull-eaze! If another journalist thinks he is Einstein for drawing the "Bush in 2004 could be a replay of Bush 1992 and only I am brilliant enough to see this!" I am going to lose my breakfast.
4 posted on 05/04/2003 5:30:25 AM PDT by SkyPilot
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To: sarcasm; All
A better comparison might be to Herbert Hoover, who presided over the Great Depression, suggested Lawrence Mishel, president of the Economic Policy Institute think tank.

Bush is on his way to becoming the first president since Hoover to lead an actual decline in employment, said Mishel. He estimates the economy would have to add 140,000 jobs a month to make up for more than the 2 million lost since Bush took office.

This is a Rat talking point that to my knowledge first appeared during an attack speech by Hillary. Anyone using this comparison should be asked where they get their information.

5 posted on 05/04/2003 5:36:10 AM PDT by Miss Marple
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To: Miss Marple
Speak a lie long enough and the Sheeple will believe it true. This in one of the left's strongest weapons. They will stop an nothing to unseat Bush.
6 posted on 05/04/2003 5:40:48 AM PDT by Dutch Boy
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To: Miss Marple
Maybe from this?

George Walker Hoover?
President Bush is on track to match Herbert Hoover's record of job destruction.

7 posted on 05/04/2003 5:42:09 AM PDT by sarcasm (Tancredo 2004)
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To: sarcasm
Reminder: posts like these need a BARF ALERT. Thank you.
8 posted on 05/04/2003 5:44:28 AM PDT by sarasota
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To: sarcasm
2004 will not be a blowout for Bush. Doesn't matter that a sluggish economy and a three year bear market are not his fault. Large numbers of the politically unaffiliated will see it that way. Look for a squeaker.
9 posted on 05/04/2003 5:51:17 AM PDT by ricpic
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To: Miss Marple
Anyone using this comparison should be asked where they get their information.

It's obvious. From the same place that the Rats got the figure of three million homelesssssssssssss.

10 posted on 05/04/2003 5:51:28 AM PDT by Ole Okie (If a Rat is in doubt, he pauses and makes up a few facts.)
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To: Ole Okie
Apparently this man failed to notice the run up in the market we had last week as well as hearing many experts predict that the long awaited recovery seems to have arrived.

This president may go into election mode with a win in Iraq and a 12,000 Dow.
11 posted on 05/04/2003 6:04:19 AM PDT by Cameron1
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To: sarcasm
According Straszheim's research, which goes back 40 years, no incumbent president or his party has been returned to office if jobs growth was under 3 percent in the third and fourth years of his term. So with unemployment at 6 percent and headed higher, a dramatic reversal before the 2004 election is unlikely.

This sounds like it is in the "no sitting president has ever had won the Congress in an off year election" story. Dubya's pretty good at pulling things out. But they hope. Oh, how they hope, and hope, because they just HATE him SO much....

12 posted on 05/04/2003 6:07:35 AM PDT by I still care (America is great because it is good. When it ceases to be good, it will cease to be great.)
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To: sarcasm

the sky is falling, the sky is falling


13 posted on 05/04/2003 6:10:07 AM PDT by The Wizard (Saddamocrats are enemies of America, treasonous everytime they speak)
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To: The Wizard
I love the Herbert Hoover comparisons, because that is an excellent time to point out that Hoover raised taxes before the depression.
14 posted on 05/04/2003 6:15:59 AM PDT by bigghurtt
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To: The Wizard
I love the Herbert Hoover comparisons, because that is an excellent time to point out that Hoover raised taxes before the depression.
15 posted on 05/04/2003 6:16:28 AM PDT by bigghurtt
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To: sarcasm
They don't get it. None of this matters. Only Dems are obsessed with the '04 election today. Bush is busy leading. He hopes people will respect this and reelect him, but he won't poison this country like the Clinton Dems do just to try to win. And that just happens to be the winning strategy this time. The grown-ups are in charge.
16 posted on 05/04/2003 6:20:38 AM PDT by Starrgaizr
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To: ricpic
The biggest problem for Bush IMHO will be another Mariel boat lift that will happen right before the election, and probably orchestrated by Bill Clinton and Castro working together.
Bush will have a hard time looking strong and compassionate at the same time - just as Carter was unable to do.
Greenspan may also be engineering ecomonic failure in order to get Dems elected. Republicans need to be on guard for Democrat dirty tricks, but I suppose that is too much to ask.
17 posted on 05/04/2003 6:23:54 AM PDT by afz400
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To: Miss Marple
Bush is on his way to becoming the first president since Hoover to lead an actual decline in employment, said Mishel.

I have heard this lie repeated over and over again by the liberals and its simply not true.

18 posted on 05/04/2003 6:25:34 AM PDT by KC_Conspirator
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To: Cameron1
>>Apparently this man failed to notice the run up in the market we had last week

The market goes down for 3 years in a row and then up for a few weeks and thats a recovery?

Hope GWB has a better plan than saying "economy is fine, the dow went up yesterday...."
19 posted on 05/04/2003 6:44:10 AM PDT by freeper12 (Republican president, republican senate, republican house...where are the spending cuts??)
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To: KC_Conspirator
>>I have heard this lie repeated over and over again by the liberals and its simply not true.


OK then, where is the fact that disputes the assertion? Simply stating someone elses facts are wrong with no counter-facts isn't all that helpful...who was the president, after hoover, that led during an actual decline in employment?
20 posted on 05/04/2003 6:46:32 AM PDT by freeper12 (Republican president, republican senate, republican house...where are the spending cuts??)
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