This is the Bush Economy

[Homer12]

Which is:

- low paying Jobs for everybody

- out-sourcing of high-tech jobs to other country's

- a high stock-market to give the preception of growth for
everybody when it is mostly the playground of the wealthy

- less governmental regulation in all aspects of the economy

- Trickle down economics

- supply side economics

- high deficest to cut government spending on social programs
while keeping most of the money for the military industrial
complex


Basically, we are seeing Reagonimcs revenge on a more wide-spread scale. This growth that we are seeing due to the large tax-cuts to some extent (agree with me or not), is so superficial that it will only last a few months. The only way to keep this growth in a non-self-sustaing system is to give more tax cuts, which is just what they'll fish for when the economy gos back down to normal levels.
Sure, this was a shot in the arm, but like any drug, the high will wear off while the defiect sores, people lose good paying jobs to other country's, the rich get more wealth.

I'm an ecologist and when I see the system we have going now It is easy to see that the input of a tax rebate will be absorbed, but the structural problems are still there.

No system can sustatin itself at prior levels when it loses certain things (such as well paying jobs, wealth distribution, etc...)

The Bush tax cut is a sham, that will have to be repeated in order for the economy to function at superficial growth levels while raising record deficets.

[kentuck]

1. And there will be another taxcut which should get us through the next..

election. It is already in the works. You are correct. It will give us sham boost in the economy but that is enough for Repubs.

[tom_paine]

2. The Monkey and the Cocaine Experiment

You remember that one? Where the monkey killed himself because he was given limitless access to cocaine or food and he kept pushing the cocaine button until he died of starvation?

Well, the Busheviks probably realize on some level that they are killing the golden goose that made the Old American Republic a superpower.

They just don't care because as any robber (or other) Baron will tell you, crushing the Serfs and keeping them dumb and asleep while you rob them coming and going and otherwise bend them to you superior will while you get richer and the stupid animals (as you see it) that you rule live their pathetic little lives where you can do anything you want to them...is FUN.

FUN FUN FUN FUN FUN FUN :party: :party:

And so, the trends continue. Hell, they continued during the Clinton Era.

And the American Middle Class shrinks off into the ash heap of history...

[livinontheedge]

3. They can't stop the flow of jobs to other countries.

That is how capitalism works. Companies will always seek to produce their goods and services at the lowest possible cost. No president, democratic or republican, can stop the job flow unless they are willing to implement protectionist measures. That won't happen with a republican congress. So, what they need to do is provide incentives for the creation of new types of jobs. It will be painful but there is no other choice. I can't imagine a republican congress punishing companies for exporting jobs.

[JHB]

4. Sustaining is not their priority.

The think the ship is sinking, so they're out to be the top rats, no matter what.