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Gore warns Bush would wreck economy...

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ramapo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-04 11:21 AM
Original message
Gore warns Bush would wreck economy...
Check this out from the wayback machine, Oct. 19 2000

"Vice President Al Gore warned Thursday that "prosperity itself is on the ballot" in November's election, arguing that his Republican rival would lower the boom on the economic good times of the past few years...

...Governor Bush's plan gambles with our prosperity by bringing back deficits, draining Social Security, delaying debt reduction and fueling higher interest rates," he said."

Bush responds:

"...And he said his tax cut plans were more likely to extend the current boom, contrary to Gore's criticism.

"By providing tax cuts, it will serve as an insurance policy against the economy slowing down," Bush said. "The public should be really worried about someone who is going to overspend if you overcommit the government to new programs, costly bureaucracies."

"That is what is likely to slow down the economy. What is likely to encourage economic growth is to provide tax relief," Bush said. "

There is a wealth of damning evidence available. The Bushies are working hard to make mountains out of Kerry's Senate votes from the past 20 years. Meanwhile a bit of Googling brings a treasure of data to use against Bush.

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livetohike Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-04 11:27 AM
Response to Original message
1. Good find!
The Kerry campaign should focus and blast away at Bush for what he said he would do, and for how all of that has turned out.

Meanwhile, out trots Cheney to come to Bush's defense on the war in Iraq. Who is coming to Bush's defense on the economy?
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RobertSeattle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-04 11:38 AM
Response to Original message
2. When will the old "Supply Side Economics" crap be put to rest?
Edited on Thu Mar-18-04 11:55 AM by RobertSeattle
It can never work, has never worked, it will never work. Trick(le) down is the most inefficient way to stimulate the economy ever devised. But middle class Republicans fall for it hook line and sinker.



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F.Gordon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-04 11:42 AM
Response to Original message
3. Then just four months later.......
Bush*...February 28, 2001

It is not hard to see the difficulties that may lie ahead if we fail to act promptly. The economic outlook is uncertain. Unemployment is rising, and consumer confidence is falling. Excessive taxation is corroding our prosperity. Government spending has risen too quickly, while essential reforms, especially for our schools, have been neglected. And we have little time before the demographic challenge of Social Security and Medicare becomes a crisis.

What few people, Dems and Repukes alike, fail to remember is that when Bush* proposed his 10 year plan it was based on a Clinton-Influenced Economy. But then he turns around and tells us that the Economy under Clinton was failing. Are you with me here? The Economy Bush* used to base his tax plan on was failing? Uhhh..okay. Like his phony woor on tar he introduced a new tar-ist to the country....taxation!! Same old. Same old. Fear. Death. Doom. Destruction.


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F.Gordon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-04 12:00 PM
Response to Reply #3
5. Adding to this.......
On October 23, 2003 Bush* said....

Our economy has been through a lot. When I took office, the stock market had been declining for nine months and the economy was headed into a recession. And just as we started to recover, the killers came and attacked America on September the 11th, and that stuck a blow to the economy. And then investor confidence was shaken by scandals in corporate America, dishonest behavior we cannot, and will not, tolerate in our country. And then we faced the uncertainty that preceded the battles in Afghanistan and Iraq.

"And just as we started to recover, the killers came and attacked America" Uhh..that's not what you were saying back then...

Bush* on September 7, 2001....

President voices concern over Economy;

The unemployment numbers today are evidence that I've seen firsthand as I travel the country; and that is, too many people are losing their jobs as a result of a slowdown that began when Dick and I were campaigning across our country last summer. This slowdown is real and it's affecting too many lives and we're concerned about it.

Any American out of work is too many Americans out of work. And that's why it's absolutely essential that we work together to put a growth plan in place to create jobs for hard-working Americans. It starts with having a responsible budget that meets our nation's obligations without affecting Social Security or dipping into Social Security.


What was his "growth plan"? Yep. More tax cuts. That evil tar-ist taxation was at it again....Fear. Death. Doom. Destruction.

Lies. Lies. Lies. Lies.
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revcarol Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-04 11:53 AM
Response to Original message
4. It all came true except the interest rates rise,
because Greenspan et al are artificially holding down the rates until after the election so the stock market will look good.

Anyone else think there is a lot of hidden inflation that will come out when Kerry takes office?
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ramapo Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-04 12:03 PM
Response to Reply #4
6. Rates are an inverted bubble
I believe at some point rates will explode upwards. The next administration will have to deal with it. Bush would get his just reward. Kerry will be in the unfortunate position of having to deal with, and likely be blamed for, the rise in rates.
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rock Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-04 12:16 PM
Response to Original message
7. Too late.
Of course, it can get worse.
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rocktivity Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-18-04 12:16 PM
Response to Original message
8. What do you mean "would," paleface?
Edited on Thu Mar-18-04 12:18 PM by rocknation
;)
rocknation
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