I found this very interesting...

[Tim]

The Legacy of George W Bush's Presidency

Once you take a look at it... let me know what you think...

 

[sundvlfn88]

If those numbers are correct and true that is a sad situation for us as a country.

 

[Tim]

I'd like to do a little more digging to see just how accurate the numbers are... but I tend to think that they are close since they are on a government website.

 

[sundvlfn88]

I would say that the health insurance one is pretty accurate. Being in the medical field myself we used to have great health insurance and I have noticed that over the yrs it as depreciated quite a bit. Sad, sad, sad.

 

[Tim]

I remember something that Scott (Intruder) used to say to me all the time when we would debate about the economy and spending... He would tell me to look at the GDP, our ability to repay our debt was our strength as a nation... The problem I have with that, is that we are now outsourcing our debt to foreign countries...

 

[sundvlfn88]

I would have to say that I agree with that.

 

[All Else Failed]

yeah he sucks, not a secret.

 

[COOL_BREEZE2]

The Legacy of George W Bush's Presidency

Once you take a look at it... let me know what you think...

Very telling figures no doubt.

Out of curiosity, was there a sustained war in the comparable amount of years prior to Bush's presidency?

Talking 'bout the comparable period prior to January 2001?

 

[Tim]

Out of curiosity, was there a sustained war in the comparable amount of years prior to Bush's presidency?

Talking 'bout the comparable period prior to January 2001?

I don't know... that would be a good set of numbers to see for sure...

But you can't attribute all of that to the war....


Ah hell, maybe you can... but I feel SOOO much safer that Bush is keeping me safe. I will trade all of the wealth of this country just to feel safe from the boogie men out there...

 

[IntruderLS1]

Proof that playing with numbers is fun.

I haven't looked into any of these yet, but I do know that we have record low unemployment, and record high's in the economy.

I could go on, but these two observations alone tell me your site is playing a game here.

 

[IntruderLS1]

And now that I'm thinking about it, we had a .com bubble that was ridiculous, and we just came out of the cold war, so we were able to save a mint on downsizing the military.

 

[Charmer]

Proof that playing with numbers is fun.

I haven't looked into any of these yet, but I do know that we have record low unemployment, and record high's in the economy.
.

So all the people that aren't on the government dole AND don't have a job are counted as what? Unemployed? Employed? Oh, right, they're not counted.
And are outsourced jobs held by non-Americans counted? And are H1-B visa'd workers who are non-Americans coutned on the employment records?

How about all the millions of Legal Americans who don't have a job and who don't get any government assistant AND also those who may be looking for a job or who don't want to look for a job, but are still employable if the right position came along?

How exactly can the government "officially" say that there is "record unemployment?"

We're suppose to just buy their "officially" released numbers?

Therefore, just like in every presidency, the numbers are spun to make whatever current administration in power look good.

 

[All Else Failed]

either way, he's a terrible president.

 

[COOL_BREEZE2]

I don't know... that would be a good set of numbers to see for sure...

But you can't attribute all of that to the war....


Ah hell, maybe you can... but I feel SOOO much safer that Bush is keeping me safe. I will trade all of the wealth of this country just to feel safe from the boogie men out there...

C'mon Tim. You present figures for two periods of years for comparison, one of which (2001 to 2007/8) naturally includes war time spending, and the preceeding comparable amount of years (2001 and prior) you don't know or haven't checked to see if there was that sort of situation involved that would incur the type of financial output in order to make a fair comparison?

Naturally in a period of years that includes the expenditure in a war situation there will be significant differences in the balance and otherwise in comparison to the years that that were not the case.

Maybe you could check and see? Just so as to be more informed.

 

[IntruderLS1]

Um, I think those particular numbers are generated the same way today that they were back in the '90's. So agree with them or not, they are still a reliable scale measurement.

There being twice the numbers of illegals here today just amplifies the idea that unemployment is uber low.

 

[gLing]

I remember something that Scott (Intruder) used to say to me all the time when we would debate about the economy and spending... He would tell me to look at the GDP, our ability to repay our debt was our strength as a nation... The problem I have with that, is that we are now outsourcing our debt to foreign countries...

Actually that is nothing new and the government will never really pay back that debt either. They just keep rolling the debt over.

The process is called debt rollover; it’s a financial practice that is legal, sound, and commonplace. Individuals do it, small businesses do it, corporations do it, state and city governments do it. Should it be a big surprise that the federal government does it, too?

I for one don’t think it should be—but the way some politicians talk, it’s as if they’ve never heard of the debt rollover process. Why else would they always be wondering, in their speeches, how our grandkids will ever “pay back the debt”? If they understood debt rollover, they’d understand that if our economy continues growing at a sufficient pace, our grandkids will never have to pay it back. Never. Nor will our grandkids’ grandkids, either. (Feel free to extend that out as many generations as you want, by the way.)

The Skeptical Optimist: How the US Treasury pays back the debt
However that does not mean we should spend like there is no tomorrow.

 

[Charmer]

Um, I think those particular numbers are generated the same way today that they were back in the '90's. So agree with them or not, they are still a reliable scale measurement.

There being twice the numbers of illegals here today just amplifies the idea that unemployment is uber low.

Mentioning the 90's doesn't change the fact that I said ALL administrations, regardless of party affiliation, will spin the numbers.

Twice the number of Illegals means that unemployment is uber low?!

No, it means that the U.S. government is more complacent and more of a corporate ass kisser than ever before. More Illegals, more outsourcing, more H1-B visa'd, (and the like), workers than ever before and that means that all these Legal Americans, (who LOST their jobs to such practices), are out there working their little tails off, officially on the books?

Interesting, I know of a lot of I.T. people and Software Engineers that can't find jobs because their jobs were outsourced or workers were brought from overseas to take their jobs, jobs that the LEGAL Americans had to TRAIN the foreign workers to do before the LEGAL Americans were LAID OFF!

Go America! Keep America Strong! Employ America!

Politicians are only in it for the money and power, not for the average American citizen.

 

[All Else Failed]

lol, we're FUCKED if China ever calls us out on the massive debt we owe them.

 

[IntruderLS1]

Mentioning the 90's doesn't change the fact that I said ALL administrations, regardless of party affiliation, will spin the numbers.

Twice the number of Illegals means that unemployment is uber low?!

No, it means that the U.S. government is more complacent and more of a corporate ass kisser than ever before. More Illegals, more outsourcing, more H1-B visa'd, (and the like), workers than ever before and that means that all these Legal Americans, (who LOST their jobs to such practices), are out there working their little tails off, officially on the books?

Interesting, I know of a lot of I.T. people and Software Engineers that can't find jobs because their jobs were outsourced or workers were brought from overseas to take their jobs, jobs that the LEGAL Americans had to TRAIN the foreign workers to do before the LEGAL Americans were LAID OFF!

Go America! Keep America Strong! Employ America!

Politicians are only in it for the money and power, not for the average American citizen.

Alright, well I can see you're pissed so there isn't any point in arguing. As my last thought on it for the night, I would point out that the dirty secret of outsourcing is the fact that there are more jobs in America due to foreign outsourcing than there are jobs overseas from American outsourcing.

If it became illegal world wide, we would lose millions of net jobs.

 

[IntruderLS1]

lol, we're FUCKED if China ever calls us out on the massive debt we owe them.

Too bad they can't without imploding.

No more U.S. business in China = China going back in time 100 years. They need us more than we need them.