Bush points to signs that economy is on upswing

[DogPoundPup]

Source: Yahoo Finance

Bush said Saturday that Americans may have cause this Labor Day weekend to start worrying less about the nation's -- and their families' -- economic health.

"There have been some recent signs that our economy is beginning to improve," Bush said in his weekly radio address.\
Among the positive signs that Bush referenced was a report Thursday that the overall economy, as measured by the gross domestic product, rose by 3.3 percent in the April-June quarter. This surprised analysts and was a significant rebound from growth of just 0.9 percent in the first quarter of the year. Most credit was given to the $93 billion in economic stimulus payments the federal government has sent to households since May.

However, other economic news this week showed that right after that second quarter, in July, consumer spending slowed to a crawl and personal incomes plunged.

Read more: http://biz.yahoo.com/ap/080830/bush.html

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"Still, despite his optimistic outlook, Bush took care to express sympathy with those grappling daily with pocketbook worries."

[Tandalayo_Scheisskopf]

1. Best rule of thumb:

Whatever he says, believe the opposite.

[d_b]

2. haha exacty

hope he keeps doing us favors.

[NC_Nurse]

3. Too bad for you have-nots that your salaries went DOWN.

So glad the economies been great for you and your cronies, ASSHOLE.

[joefree1]

4. Bush knows we're not listening anymore

U.S. Economy: Spending Slows, Inflation Accelerate
http://www.bloomberg.com/apps/news?pid=20601087&sid=ave9IW1bnaLI&refer=home

[The Croquist]

5. Dream on

dough boy.

[Raster]

6. Bush* = thief, liar, cheat and MURDERER.

Oh, and did I mention WAR CRIMINAL?

[bemildred]

7. Does this dipshit ever think about what he inherited from Clinton, and what he did with it?

:puke::puke:

[skoalyman]

8. Looky uncle dick I finally landed my dream job

recession what recession:sarcasm:

[TXDemGal]

9. Maybe he should buy a package of socks

like his daddy did, in an attempt to stimulate the economy.

[all.of.me]

10. Is that sign a skull & crossbones?! nt

[pookieblue]

11. Yeah right Shrub...

tell that to my coworkers...our jobs are slated to be going overseas (to India) by next spring. The company is in the process of transfering everything right now.

And most of us have been looking for jobs, that pay at least what we are making now, with no luck. not many jobs out there!!


But... yeah.... things are looking up. UGH this man makes me sooo mad!!!

[lonestarnot]

12. He's been smok'n thousand dollar bills again...

:eyes: