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Why the American Public Rejects the Bush Economic "Plan" (Part I)
AmericanEconomicAlert.org ^ | Wednesday, February 15, 2006 | William R. Hawkins

Posted on 02/16/2006 11:38:31 AM PST by Willie Green

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To: GeorgiaMike
Home ownership is at an all time high.

Don't you really mean that home mortgages are at an all time high? People with mortgages don't own their homes.

41 posted on 02/16/2006 1:21:15 PM PST by raybbr (ANWR is a barren, frozen wasteland - like the mind of a democrat!)
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To: Willie Green
I think my most pointed comment pretty much refuted much of the "doom & gloom" slant to Buchanan's article.

If prosperity in this country were anywhere near as "hollow" as Buchanan suggests it is, there would be no career prospects for some inside-the-Beltway snot who has never had a real job in his life. When I meet Pat Buchanan at a truck stop somewhere in the Midwest and learn that he's working as an over-the-road trucker for 43 cents per mile, then I'll concede that maybe he's right about this "hollow prosperity" nonsense.

Mostly the same silly gaggle of naysayers squawking because Pat Buchanan wrote the article. They always chant the same mantra, no matter what the topic is.

That's because he always chants the same mantra, no matter what the news of the day is. I've debunked many of his claims enough times that I probably do sound repetitive.

Back in the 1990s he was complaining that high-tech "service" jobs weren't as good as the manufacturing jobs we had 50 years ago -- and now he's complaining that the loss of these jobs is an ominous sign for this country. When he complains about the loss of jobs that he never thought were worth a damn in the first place, he really comes across as a pathological malcontent.

42 posted on 02/16/2006 1:22:22 PM PST by Alberta's Child (Leave a message with the rain . . . you can find me where the wind blows.)
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To: raybbr

It could also be said that few people hold title to or own equity in homes without mortgages.


43 posted on 02/16/2006 1:24:13 PM PST by BenLurkin (O beautiful for patriot dream - that sees beyond the years)
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To: GeorgiaMike
Only 2,093,000 total jobs were added over the five years (2000-2004), a gain of only 1.58%, the weakest five-year increase on record. Only half of these net jobs were in the private sector, that part of the economy supposedly subject to the most stimulus in the Bush program (tax cuts and low interest rates). The other half came from increased government employment, not exactly where a conservative Republican administration would want it.

The number of high wage jobs has risen, dramatically.

Did you read the article. Are those govt. jobs the high wage jobs you refer to?

44 posted on 02/16/2006 1:24:38 PM PST by raybbr (ANWR is a barren, frozen wasteland - like the mind of a democrat!)
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To: Reagan Man

Well, understand that Bush is a Moderate, not a Conservative. He only looks like a Conservative when compared to the Democratic Party, which is so far Left that in the last election, the US Communist Party chose to support the Democratic candidate in unusual break from it's tradition of fielding it's own candidate.

Consider how the Dem's committ hate thought and hate speech routinely towards this Moderate, even Liberal in some areas, President.

Says a lot about the Dem's, nothing good btw.


45 posted on 02/16/2006 1:24:43 PM PST by OldArmy52 (China & India: Doing jobs Americans don't want to do (manuf., engineering, accounting, etc))
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To: Willie Green

"By a 61-35 percent margin"

Less then 15% of the people control 85% of the money.

I'll listen to them. A man once noted that Wall Street was a place where people in Rolls Royces we told how to invest by people that drove VW's.

I don't spend any time wondering how the masses handle their money since I have seen too many reports the 70% of the people have no idea how to handle money.


46 posted on 02/16/2006 1:27:25 PM PST by edcoil (Reality doesn't say much - doesn't need too)
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To: Willie Green
Part of the problem with Bush administration stats is that they measure from the bottom of the 2001 recession rather than from the state of the economy before the recession.

Hey William R.! Do you remember 9/11?? $7 trillion to $8 trillion lost???

47 posted on 02/16/2006 1:31:05 PM PST by <1/1,000,000th%
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To: Alberta's Child
I think my most pointed comment pretty much refuted much of the "doom & gloom" slant to Buchanan's article.

You didn't have any pointed comments.

48 posted on 02/16/2006 1:45:32 PM PST by Willie Green (Go Pat Go!!!)
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To: raybbr; GeorgiaMike
People with mortgages don't own their homes.

So the lender gets to keep any increase in the value of the property? Can the people who pay the mortgage borrow against the equity? I think that would be a difficult thing to do if you didn't own the home. The average American household has 57% equity in their home. Are you saying that this wealth doesn't belong to them?

49 posted on 02/16/2006 1:54:39 PM PST by Mase
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To: ConservativeBamaFan

Given the title itself and who posted it, did you really need a barf alert?


50 posted on 02/16/2006 2:05:41 PM PST by Hardastarboard (HEY - Billy Joe! You ARE an American Idiot!)
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To: MNJohnnie
Willie, just screaming a lie over and over does NOT make it true.

I am a software engineer with over 30 years experience. I have kept current in software and electrical engineering. I am currently paid at 75% of what I was merely three years ago. My family is drawing from savings every month just to live. Don't tell either Willie or myself that we don't know what this is all about. The misguided economic policies of this administration are indeed impacting the earning capabilities of well educated people.

Don't feed me that line about finding a job that makes better use of my skills. I am an engineer with science, math, and electronics training and experience. These jobs are just plain disappearing.

I am not a banker or a real estate agent in my brain. There are NO appropriate uses of my training, skills, and cranial abilities except engineering. To suggest that we retrain is like telling Einstein that he should give up math and sell shoes.

51 posted on 02/16/2006 2:06:12 PM PST by GingisK
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To: kidd
Things seem to be looking up.

Unless, of course, you are an engineer.

52 posted on 02/16/2006 2:07:50 PM PST by GingisK
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To: Mase
So the lender gets to keep any increase in the value of the property? Can the people who pay the mortgage borrow against the equity? I think that would be a difficult thing to do if you didn't own the home.

Can you knock down a wall and add rooms without the bank's or the town's permission? Could you make the home smaller if you thought the heating bills were too high?

The average American household has 57% equity in their home. Are you saying that this wealth doesn't belong to them?

Have a major sickness in the family that causes the loss of the house due to forclosure. See what amount of that equity you get.

53 posted on 02/16/2006 2:08:33 PM PST by raybbr (ANWR is a barren, frozen wasteland - like the mind of a democrat!)
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To: nopardons; Toddsterpatriot

Straight out of the Kerry/Edwards talking points.


54 posted on 02/16/2006 2:09:59 PM PST by Petronski (I love Cyborg!)
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To: Willie Green
But yes, I'd say that, overall, this article compliments and is compatible with PJB's positions.

So then it's crap. Gotcha.

55 posted on 02/16/2006 2:13:26 PM PST by Petronski (I love Cyborg!)
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To: Willie Green

oh no....

those bastards...

we're doomed...

OMG They killed kenny...

worst economy since hoover....

did I miss anything?


56 posted on 02/16/2006 2:15:06 PM PST by MikefromOhio (Brokeback Mountain: The ONLY western where the Cowboys GET IT IN THE END!!!)
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To: MikeinIraq
did I miss anything?

No, I think you pretty much covered it all,
so you can go back to watching Oprah. Thanks!

57 posted on 02/16/2006 2:24:24 PM PST by Willie Green (Go Pat Go!!!)
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To: Willie Green

Oprah's still on TV?

I had no idea....

dammit!!!

/sarcasm


58 posted on 02/16/2006 2:26:52 PM PST by MikefromOhio (Brokeback Mountain: The ONLY western where the Cowboys GET IT IN THE END!!!)
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To: Willie Green
Willie,....thank's for the link....for the book,...."The Death of the West"

One of these days I'll get around to reading it....

It 'is' on my list....

Thank's again.....

59 posted on 02/16/2006 2:30:18 PM PST by maestro
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To: Willie Green

Oh brother .. here they go with their fake polls again.

This is getting tiresome. We know they over-sample democrats so they can get the results they want.

For months they said Bush was at 39% - but Rasmussen had Bush at 48% - that's a big difference. The difference was oversampling of democrats. The democrats are liars.


60 posted on 02/16/2006 2:38:14 PM PST by CyberAnt (Democrat Leadership: No program - no ideas - no clue.)
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