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The Economy is Strong

July 11th, 2006 | by Dr. Forbush |

Strong for who?!

George W Bush has been making statements about the strength of the economy again. This time they used the old corporate trick of predicting a poor quarter and then bragging about how well the economy has improved based on their over inflated prediction. What they don’t say is that they had over inflated the prediction several times before and they didn’t even meet those expectations. And, they don’t tell you that even with the deficit not reaching the White House’s predicted over inflated estimate they have still created the third largest deficit in American history.

But, who benefits in the current “great” economy? Obviously the people who benefit know for themselves, they are the people who are currently making the extra cash. Is that you or me? Well, I don’t know about you, but I am not doing much better than I was six years ago. The two things that are effecting my economic well being are the price of gasoline and medical bills.

Well, I have to admit that I do put a lot of miles on the car and those miles now cost me 50% more than they did last year. If you drove an SUV last year, then the 50% rise in gasoline price certainly doesn’t bother you, because you didn’t care last year. But, I don’t drive an SUV and I still buy about $400.00 in gasoline every month.

And, I have to admit that I may be different when it comes to medical bills. I have four kids, three of which are involved in sports activities. Maybe they shouldn’t be involved in sports, because one of them seems to get injured just about every month. Sometimes they go to the emergency room to have their bones set, but most of the time they need to see a sports medicine doctor for something that may not seem to be very important, but it usually is. The price for this intervention is mostly covered by insurance, since we have already paid the deductible for this year, but there is still the co-pay for each visit and the medicine that always seems to be prescribed. These costs have continued to go up every year over the last six years, simply because the cost of insurance has gone up every year and my plan covers less and less every year.

I do have to admit that my retirement plan has gone up every year over the last six years, and if I don’t have to pull the money out of that account to pay for gasoline and medical bills our family may get by. But, just because the market is going up does not mean that the economy is better for me.

But, there are people out there who are doing better. These are the people who get their money from the stocks and bonds that they own. As the interest rate goes up these people will be able to buy more bonds to service the debt of the local, state and federal governments. As the stock market goes up these people will make more on the money they have invested in stocks. In fact, since the Republicans have cut the taxes on dividends and capital gains these people will certainly be living high on the hog. They can afford to buy even more stock and make even more money. They would certainly not care if they had to pay even $800.00 per month to drive their SUVs to their second house in Aspen, or Palm Springs, depending on the season.

And, fortunately for the people for whom the Republican Party really cares about the justice department isn’t worried about corporate fraud but instead they would rather put efforts into fighting the drug wars and fill up the prisons with drug users so we can pay their stay while they can learn the gang trade. The prisons work as a training ground for the new gang members, who join prison gangs for protection from the other gangs. Having no gang affiliation in prison is nearly a death sentence in our current prisons system.

So, if you are doing well this year, then the Republican Party is working for you. This is certain, because George W Bush has proclaimed the economy to be good. But, if times are still tough for you even after George W Bush has made his proclamation, then you know that you are not one of the Republican chosen people. You know for sure that when the Republicans see the world they don’t see you.

—————————————————–

Don’t forget what Stephen Colbert said, “Reality has a well-known liberal bias.”

Cross Posted @ Bring It On, tblog, Blogger and BlogSpirit

Politics

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  1. 22 Responses to “The Economy is Strong”

  2. By windspike on Jul 11, 2006 | Reply

    the president has been smoking a little of the funny stuff today.  He said some other things as well in that same speech:

     The whitehouse is the people’s house

    Let’s just be patient about solving this federal deficit; we’re not going to take money out of your pocket; let’s grow our way out of it.

    Tax relief is working. 

  3. By Sandy on Jul 11, 2006 | Reply

    Who cares what the libs think?

    My stock portfolio has grown by 30%!  So has my gold. My house value has skyrocketted.

    My job is great. The economy is awesome. Only losers are not prospering now.

    Thank you George W. Bush. You are the BEST!

  4. By Steve O on Jul 11, 2006 | Reply

    Sandy, I suggest you go look at how Bang Bang Cheney is investing lately, he doesn’t have as much faith in the market as you do. I’d give you a link but I think you need to get out more.

  5. By Paul Jordan on Jul 11, 2006 | Reply

    OK Sandy, 

    So you own Halliburton stock, have three new gold crowns, and your house is inside the Beltway. Happy days are here again! I’m still wondering what else you would call a non-winner, other than a loser? Did you ever think that your “values” are rising due to inflation? Can you eat your stock or spend the extra value of your home? You are right though, there are quite a few of us out here losing, due to this administration.

  6. By windspike on Jul 11, 2006 | Reply

    Obviously, Sandy, Honey. Babalicous, you care what libs think other wise you wouldn’t waste your precious investment time making comments to this blog, now would you. You are such a sucker for this location. Blog on brother/sister.

  7. By windspike on Jul 11, 2006 | Reply

    Okay, I just thought about this, PJ - If Sandy owns Stock in Halliburton, it’s like she/he is fucking one bank acount only to line another.  It’s a wash, or worse - As the American people are being exploited by Halliburton, we continue to get screwed.  So, if you own Halliburton, it’s like one mighty mastabatory money fest all bent on war time profiteering - which Sandra D has professed to hating since she/he believes that killing all kinds of babies is deplorable (see his/her comment on the 60 year old veto virgin post) for any  reason.  She/he’s the epitome of walking hypocrisy - which seems to be the GOP SOP these days.

    Blog on all. 

  8. By michaelav on Jul 12, 2006 | Reply

    Sandy, we all know that it’s all about you (and your kind).

    To be honest, I can say the same thing (except I don’t own gold), but should that preclude one from caring about one’s fellow man?

    I got mine so screw you?

    I feel lucky to have what I have, but I know there are those that have less.  I know there are people that are without jobs, without healthcare and have lost their pension.

    Hey, you must be a “Christian”!

    Or an asshole.  One or the other..

       

  9. By Demon Princess on Jul 12, 2006 | Reply

    (Right-wing) “Christian” (an oxymoron, BTW) or asshole:

    Is there a difference? 

  10. By ann on Jul 12, 2006 | Reply

    As a ‘veteran’ of the ’80s boom - where house prices, gold, shares etc, all skyrocketed and made some people millionaire’s overnight - I’d advise anyone who feels they are making a fortune right now to watch what they do with it. And watch how they brag about it - what you say/do now may come back and bite you hard on the arse before you know it…chomp chomp!!!! 

  11. By Sandy on Jul 12, 2006 | Reply

    LOL! Delusional conspiracy theorists.

    No wonder why you’re all broke…

  12. By Paul Watson The Cranky Brit on Jul 12, 2006 | Reply

    Does anyone want to remind Sandy what Jesus said about rich people?
    Matthew 19:16-30.

    Go look it up. It’s quite a famous quote of His.

  13. By Dr. Forbush on Jul 12, 2006 | Reply

    Sandy,

    So, you are one of the few that the economy is working for. The point of the post is that if the economy isn’t working for you now, then it will never work for you under a Republican government. The lower class people who voted for George W Bush got the Republican leadership that benefits the wealthy. If they don’t see progress now they never will under Republican leadership. So, the 15% of the people who are benefiting under this president should continue to support him, that’s what freedom and democracy are all about, but the rest of us should pick the best course for our self-interest.

     

     

  14. By ann on Jul 12, 2006 | Reply

    Notice I said ‘veteran’, not victim, Sandy..?

  15. By Demon Princess on Jul 12, 2006 | Reply

    Interesting article titled “Lower than expected deficit is good news, but doesn’t justify tax cuts:

    http://www.tompaine.com/articles/2006/07/12/a_meager_recovery.php

  16. By michaelav on Jul 12, 2006 | Reply

    what “conspiracy”?

    the fact that your kind call yourselves “christians” is amazing.

    if there is in fact someone waiting for you when your depart this world, you better hope they do not hold you to the very basis for which the christian religion is based on.

    you’ll be in some deep shit.

     

  17. By Sandy on Jul 13, 2006 | Reply

    Nope, I’ll be with Jesus in Heaven worshipping Him.

    Liberals/atheists/agnostics/etc will all be in hell burning with satan their father.

    Choose Jesus. He’s cool.

  18. By windspike on Jul 13, 2006 | Reply

    It must be nice living with the shroud of faith blinding your own indignity, sandy.  Bigots go to heaven too?  Doubt it.  What happened to do unto others?

  19. By michaelav on Jul 14, 2006 | Reply

    Sandy’s knowledge of the bible and theology is about the same as the cartoon version they teach 4 year olds in Sunday school.

    Only worse, because as his type get older, they learn to pick and choose that which they feel they need to follow and that which they do not.

    He hates fags, but eats shrimp and lobster, I’m sure, while wearing a shirt made of mixed fabric.

    Please, these retards know about as much about religion as they do about science.  Which is nothing..  
     

  20. By Dr. Forbush on Jul 14, 2006 | Reply

    Obviously Sandy is being sarcastic. No one could be that moronic in real life.

     

    :-} 

  21. By michaelav on Jul 15, 2006 | Reply

    I certainly hope so.

     

  22. By L. Long on Jul 16, 2006 | Reply

    It never fails to amaze me as to how you let Sandy and his/her ilk distract you from your topic in these threads.  You take a good topic from Dr Forbush and  let Sandy lead you down a rathole.

    Still looking for intelligent life on Terra……….

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