debbyski says: "When Mr. Bush says the economy is strong, he is generally referring to rising wages, low unemployment and what he calls healthy economic growth. But wages have either fallen or failed to outpace inflation during most of his tenure. Job creation is now slowing from a pace that has long been subpar. Economic growth is also braking, if not contracting. In any event, growth during the Bush years has not been healthy; rather, it has been abnormally lopsided. Corporate profits have soared (until recently) and the rich have become richer, while most Americans have treaded water or lost ground, their troubling circumstances masked by an unprecedented borrowing binge, now exacting its toll." The other presumed economic bright spots — business investment and exports — are less bright upon closer inspection. According to a new government report, orders for big-ticket commercial goods rose a spare 0.1 percent in November. How many candidates have GW on the campaign trail with them. Zero, enough said. Have you heard of the plague. |
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