Home › Forums › Financial Markets/Economics › The US Economy is the “Envy of the World.” -Cheney
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chrisinSDCA.
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May 9, 2008 at 1:34 PM #12691May 9, 2008 at 3:42 PM #201908
SDEngineer
ParticipantPity that the average Joe didn’t see any of that growth though. The average middle class wage-earner now makes less after inflation today (and that’s the ridiculously understated inflation measure they use now that excludes energy from inflation)than they did in 2000. And, of course, lets not forget the folks who had good jobs in tech or manufacturing who lost those jobs during the massive outsourcing earlier this decade, only to see Bush and company replace those jobs with “McJobs” like Wal-Mart greeter.
Of course, those tax cuts and economic growth have been great for the guys like Cheney and Bush who have seen their investment money explode (of course, it helps when you can give multi-billion dollar no-bid government contracts to your old cronies who you still have tons of stock interests in), as well as CEO’s and other top executives who now take home almost 10% of the corporate pie (up from 5% of the corporate pie in the mid-90s). It’s a gangbuster economy for them.
May 9, 2008 at 3:42 PM #202039ParticipantPity that the average Joe didn’t see any of that growth though. The average middle class wage-earner now makes less after inflation today (and that’s the ridiculously understated inflation measure they use now that excludes energy from inflation)than they did in 2000. And, of course, lets not forget the folks who had good jobs in tech or manufacturing who lost those jobs during the massive outsourcing earlier this decade, only to see Bush and company replace those jobs with “McJobs” like Wal-Mart greeter.
Of course, those tax cuts and economic growth have been great for the guys like Cheney and Bush who have seen their investment money explode (of course, it helps when you can give multi-billion dollar no-bid government contracts to your old cronies who you still have tons of stock interests in), as well as CEO’s and other top executives who now take home almost 10% of the corporate pie (up from 5% of the corporate pie in the mid-90s). It’s a gangbuster economy for them.
May 9, 2008 at 3:42 PM #201957ParticipantPity that the average Joe didn’t see any of that growth though. The average middle class wage-earner now makes less after inflation today (and that’s the ridiculously understated inflation measure they use now that excludes energy from inflation)than they did in 2000. And, of course, lets not forget the folks who had good jobs in tech or manufacturing who lost those jobs during the massive outsourcing earlier this decade, only to see Bush and company replace those jobs with “McJobs” like Wal-Mart greeter.
Of course, those tax cuts and economic growth have been great for the guys like Cheney and Bush who have seen their investment money explode (of course, it helps when you can give multi-billion dollar no-bid government contracts to your old cronies who you still have tons of stock interests in), as well as CEO’s and other top executives who now take home almost 10% of the corporate pie (up from 5% of the corporate pie in the mid-90s). It’s a gangbuster economy for them.
May 9, 2008 at 3:42 PM #201980ParticipantPity that the average Joe didn’t see any of that growth though. The average middle class wage-earner now makes less after inflation today (and that’s the ridiculously understated inflation measure they use now that excludes energy from inflation)than they did in 2000. And, of course, lets not forget the folks who had good jobs in tech or manufacturing who lost those jobs during the massive outsourcing earlier this decade, only to see Bush and company replace those jobs with “McJobs” like Wal-Mart greeter.
Of course, those tax cuts and economic growth have been great for the guys like Cheney and Bush who have seen their investment money explode (of course, it helps when you can give multi-billion dollar no-bid government contracts to your old cronies who you still have tons of stock interests in), as well as CEO’s and other top executives who now take home almost 10% of the corporate pie (up from 5% of the corporate pie in the mid-90s). It’s a gangbuster economy for them.
May 9, 2008 at 3:42 PM #202006ParticipantPity that the average Joe didn’t see any of that growth though. The average middle class wage-earner now makes less after inflation today (and that’s the ridiculously understated inflation measure they use now that excludes energy from inflation)than they did in 2000. And, of course, lets not forget the folks who had good jobs in tech or manufacturing who lost those jobs during the massive outsourcing earlier this decade, only to see Bush and company replace those jobs with “McJobs” like Wal-Mart greeter.
Of course, those tax cuts and economic growth have been great for the guys like Cheney and Bush who have seen their investment money explode (of course, it helps when you can give multi-billion dollar no-bid government contracts to your old cronies who you still have tons of stock interests in), as well as CEO’s and other top executives who now take home almost 10% of the corporate pie (up from 5% of the corporate pie in the mid-90s). It’s a gangbuster economy for them.
May 9, 2008 at 4:29 PM #202072HLS
ParticipantDid he also mention how well the govt handled Katrina with Bush’s buddy Brownie ?
Did he mention that the growth without pause for 6 years could be followed by devstating pause of the next 10-15 years for the next admin to clean up.
Did he mention how much money has been printed since 2001 or how much oil/gas has increased ?
and how much his personal wealth has increased…And thanks to the current admin. how safe we are because we cannot take toothpaste and more than 3 ounces of shampoo on an airplane and we must take our shoes off at “security”
And how many lives have been lost in Iraq,,,
And how many people have lost homes….How millions spend money on credit on stuff that they cannot afford….
This is all envious stuff for sure!~!
Bush, you’re doin’ a helluva job, EXACTLY like the helluva job that Brownie did after Katrina.
He can’t do a press conference without pre arranged questions.
It’s a good thing that he has an MBA.
That’s what must have saved us.May 9, 2008 at 4:29 PM #202037ParticipantDid he also mention how well the govt handled Katrina with Bush’s buddy Brownie ?
Did he mention that the growth without pause for 6 years could be followed by devstating pause of the next 10-15 years for the next admin to clean up.
Did he mention how much money has been printed since 2001 or how much oil/gas has increased ?
and how much his personal wealth has increased…And thanks to the current admin. how safe we are because we cannot take toothpaste and more than 3 ounces of shampoo on an airplane and we must take our shoes off at “security”
And how many lives have been lost in Iraq,,,
And how many people have lost homes….How millions spend money on credit on stuff that they cannot afford….
This is all envious stuff for sure!~!
Bush, you’re doin’ a helluva job, EXACTLY like the helluva job that Brownie did after Katrina.
He can’t do a press conference without pre arranged questions.
It’s a good thing that he has an MBA.
That’s what must have saved us.May 9, 2008 at 4:29 PM #202010ParticipantDid he also mention how well the govt handled Katrina with Bush’s buddy Brownie ?
Did he mention that the growth without pause for 6 years could be followed by devstating pause of the next 10-15 years for the next admin to clean up.
Did he mention how much money has been printed since 2001 or how much oil/gas has increased ?
and how much his personal wealth has increased…And thanks to the current admin. how safe we are because we cannot take toothpaste and more than 3 ounces of shampoo on an airplane and we must take our shoes off at “security”
And how many lives have been lost in Iraq,,,
And how many people have lost homes….How millions spend money on credit on stuff that they cannot afford….
This is all envious stuff for sure!~!
Bush, you’re doin’ a helluva job, EXACTLY like the helluva job that Brownie did after Katrina.
He can’t do a press conference without pre arranged questions.
It’s a good thing that he has an MBA.
That’s what must have saved us.May 9, 2008 at 4:29 PM #201985ParticipantDid he also mention how well the govt handled Katrina with Bush’s buddy Brownie ?
Did he mention that the growth without pause for 6 years could be followed by devstating pause of the next 10-15 years for the next admin to clean up.
Did he mention how much money has been printed since 2001 or how much oil/gas has increased ?
and how much his personal wealth has increased…And thanks to the current admin. how safe we are because we cannot take toothpaste and more than 3 ounces of shampoo on an airplane and we must take our shoes off at “security”
And how many lives have been lost in Iraq,,,
And how many people have lost homes….How millions spend money on credit on stuff that they cannot afford….
This is all envious stuff for sure!~!
Bush, you’re doin’ a helluva job, EXACTLY like the helluva job that Brownie did after Katrina.
He can’t do a press conference without pre arranged questions.
It’s a good thing that he has an MBA.
That’s what must have saved us.May 9, 2008 at 4:29 PM #201938ParticipantDid he also mention how well the govt handled Katrina with Bush’s buddy Brownie ?
Did he mention that the growth without pause for 6 years could be followed by devstating pause of the next 10-15 years for the next admin to clean up.
Did he mention how much money has been printed since 2001 or how much oil/gas has increased ?
and how much his personal wealth has increased…And thanks to the current admin. how safe we are because we cannot take toothpaste and more than 3 ounces of shampoo on an airplane and we must take our shoes off at “security”
And how many lives have been lost in Iraq,,,
And how many people have lost homes….How millions spend money on credit on stuff that they cannot afford….
This is all envious stuff for sure!~!
Bush, you’re doin’ a helluva job, EXACTLY like the helluva job that Brownie did after Katrina.
He can’t do a press conference without pre arranged questions.
It’s a good thing that he has an MBA.
That’s what must have saved us.May 9, 2008 at 4:35 PM #202080OC Burns
ParticipantBush has an MBA…but Cheney took 6 years to get a 4 year degree (and keep away from Vietnam).
May 9, 2008 at 4:35 PM #201996ParticipantBush has an MBA…but Cheney took 6 years to get a 4 year degree (and keep away from Vietnam).
May 9, 2008 at 4:35 PM #202019ParticipantBush has an MBA…but Cheney took 6 years to get a 4 year degree (and keep away from Vietnam).
May 9, 2008 at 4:35 PM #201948ParticipantBush has an MBA…but Cheney took 6 years to get a 4 year degree (and keep away from Vietnam).
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