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Will Bush turn the economy around by election time?

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twilight Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 04:53 PM
Original message
Will Bush turn the economy around by election time?
Latest Wolf Blitzer poll going on right now:

Do you think President Bush will turn around the economy before next year's election?
Yes 7% 153 votes
No 93% 2012 votes :D :D :D :D :D
Total: 2165 votes


Vote here:

http://www.cnn.com/CNN/Programs/wolf.blitzer.reports/


Looks like *'s a tanking quick! :nuke:
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Emboldened Chimp Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 04:54 PM
Response to Original message
1. Yikes, it dropped!
Edited on Wed Aug-13-03 04:54 PM by manco
Only 91% no!
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Brian Sweat Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 04:55 PM
Response to Original message
2. What are you talking about?
He's already turned the economy around.
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cherryperry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 04:56 PM
Response to Reply #2
3. LOL: You are correct, sir! n/t
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proud patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 04:57 PM
Response to Original message
4. Now at 92%
I voted
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Skittles Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 04:57 PM
Response to Original message
5. HE CAN'T TURN IT AROUND
BUSH INC. HAS NO SOLUTIONS BECAUSE *THEY* ARE THE F***ING PROBLEM.
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JitterbugPerfume Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 04:59 PM
Response to Reply #5
6. yep
Skittles is right

as usual
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quinnox Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:01 PM
Response to Reply #5
7. Good point
No question about that one.
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BansheeBarbie Donating Member (77 posts) Send PM | Profile | Ignore Wed Aug-13-03 07:03 PM
Response to Reply #5
21. If The New Media Ownership Rules Get Into Effect
Edited on Wed Aug-13-03 07:04 PM by BansheeBarbie
There will most likely be a "bubble" which would boost the economy.

Mike Powell will make sure that the buyouts begin.

So Junior very well might be able to turn things around... at least temporarily.
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PROGRESSIVE1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:05 PM
Response to Original message
8. Be Careful my fellow DUers...
some modest gains will be made, and YES THEY WILL, while jobs are still being shipped overseas. Bush and the Media will spin this modest improvement as a MIRACLE and make DAS Shrub look like a GOD!!! We have to be on our feet and be careful not to underestimate the Bush Junta's ability to spin things in their favor!!!
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DiverDave Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:08 PM
Response to Reply #8
9. Not a chance
in hell.
He will lose, based on his economy.
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Democrats unite Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:11 PM
Response to Reply #9
12. The economy is as good as it's going to get...
under Bush. It's his policies that have the economy the way it is. He needs to change his policies, which he won't do.
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htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:08 PM
Response to Reply #8
10. A hungry mouth is an angry mouth
Propaganda doesn't help you put food on your family.

If he keeps trying to fake a recovery, he'll end up with the same problem as his dad had -- he'll seem out of touch.

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methinks2 Donating Member (894 posts) Send PM | Profile | Ignore Wed Aug-13-03 05:09 PM
Response to Original message
11. he will claim
to improve the economic forecast etc . . . but the reality will still be more layoffs and no health insurance for too many people. The dems need to target the laid off and underemployed as well as those without health insurance.
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PROGRESSIVE1 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:23 PM
Response to Reply #11
16. Exactly...
thank you for this idea! The Dem's need to attack the details of Bush's policies!
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samsingh Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:13 PM
Response to Original message
13. i don't think Bush can turn the economy around
before the next election.

But i think the Media Whores will spin it like Shrub did the hard stuff so reelect him and enjoy the inevitable turnaround. of course, this will be forgotton after the election if the dolt wins.
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hadrons Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:15 PM
Response to Original message
14. will it matter???
I'm just about convinced that these Bush voting idiots don't care ... as long as the assholes have their cultural war fantasy they don't care, even if it affects them
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twilight Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:20 PM
Response to Original message
15. bonds funds
Bonds and bond funds have taken a MAJOR dump in the last 2 mos. People have lost lots and lots of money, believe me.

I was invested in bond funds and I took the $ and got the hell out of it at the end of June. If I'd stayed in, I'd be about -5% right now in just 6 weeks.

The 10-year note keeps climbing and the bond market is falling! Its a crash in fact. I am surprised no one has noticed it!

:dem:
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rasputin1952 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 05:28 PM
Response to Original message
17. At this point...
if bush opened the Treasury and gave the $ away to regular citizens, the economy would still stink, and he would be ridden out of DC on a rail.

At this stage, a realistic recovery by election day is highly improbable. But the bush spinmasters will ensure that we "think" there is a dramatic recovery, and everyone will suddenly become unbelievably wealthy virtually overnight. After all, the past two tax cuts were billed as for the 'working people'; (who has seen any real increase in income out there)?

It will take quite sometime to dig out of the messes bush and his vermin have gotten us into. The one thing I am sure of, bush won't be in office to "help" the economy anymore; he can sit it out in Crawford, and count what he bilked from the Treasury.

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Gman2 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 06:26 PM
Response to Reply #17
18. Shrub economy
By and large, he hasnt had enough time to screw the economy. Clinton started the nafta crap. Overproduction and the dot.com bubble and its implosion is still the cause. He has done nothing to help. His, let them eat cake, will get him hung though. We cannot seem simpletons where economy are concerned. In debate with cons, it undercuts your credibility to claim that it is all Bushes fault. Had his tax cuts instead been funding to states for infrastructure improvement, tax cuts to lower and middle class and writeoffs for keeping jobs in the US., it would likely be a rosier picture about now. Oh and unlike Bush claimed about the drumbeat of the media about the runup to war, had he not done likewise.
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cherryperry Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 06:57 PM
Response to Reply #18
20. They spin; we will spin!
By election time, it will seem as if it's Dubya's fault and we will spin it that way! An angry unemployed electorate will vote democratic IMHO...
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rasputin1952 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 08:27 PM
Response to Reply #20
24. My opinion too, ...
he's toast.
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rasputin1952 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 08:26 PM
Response to Reply #18
23. bush has really blown the whole kabosh though...
his fiscal policies involve nothing, except tax cuts, that's it! There is no substance, these cretins are trying to starve the gov't out of existence, just as Calvin Coolidge wanted to do. The idea is, cut taxes, then you HAVE to cut programs that aren't liked by the neo-cons. The situation is so pathetic, (they want to privatize everything), that those that were placed in positions to support the troops, Haliburton's susidiary of Kellog Root and Brown, can't, or won't take the situation in hand and deal with what they are getting paid for!

This admin wants everything on Santa's List for the top 1%, but hasn't a clue about those who can really get things done. Tax cuts DO NOT WORK, without spending on the infrastructure. Trickle down has never worked, and it never will, why people fall for this is beyond me.

bush may have inherited bad times, but he sure found unique ways to make them markedly worse!
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leftofthedial Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 06:48 PM
Response to Original message
19. Bush couldn't turn the economy around
if he had his whole life to do it and he lived to be a million.
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mcaverly Donating Member (43 posts) Send PM | Profile | Ignore Wed Aug-13-03 07:53 PM
Response to Reply #19
22. Watch the Interest Rates
If the rates go up, the current bubble (what little there is) will burst. Also watch the deficit. Bond buyers from other countries are becoming concerned we are not serious as a country about getting our act in order. Even if Bush does not care about the deficit, there are many investors who care....
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twilight Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 08:52 PM
Response to Reply #22
28. welcome to the DU!
Edited on Wed Aug-13-03 08:53 PM by twilight
:hi: & Welcome!!

Yes you are right - many of the foreign bond investors sold their stockpiles of Fannie and Freddie Mae not long after they began being investigated for their accounting policies.

The USA has left a very sour taste in many people's mouths - not just here in the USA, but all over the world. They care not to invest their money in this fascist regime. The falling dollar does not help.

The bubble has popped alright. Now the bond market is failing. Its just like October 2002 all over again for these investors.

:dem:
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dolstein Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 08:29 PM
Response to Original message
25. The economy could very well recover, but
Edited on Wed Aug-13-03 08:30 PM by dolstein
it would be in spite of Bush's economic policies, not because of them. Of course, that won't stop Bush from claiming credit, nor will it stop the amen chorus in the media from heaping still more undeserved praise on Bush.

Look folks, there really is a business cycle. Sooner or later there's going to be a recovery. And even Bush's economic policies can't stop that from happening eventually.
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paulk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 08:57 PM
Response to Reply #25
29. There is a business cycle, but...
Edited on Wed Aug-13-03 09:54 PM by paulk
The Bush (mal)administration's handling of the economy has been so incompetent I'm not sure "business cycles" even apply anymore.

From the NY Times:

"We believe it is more likely in the upcoming year that people are going to be able to find a job, and that's exactly what — where we focused our policy," Mr. Bush said.

Democrats responded that Mr. Bush was the most fiscally irresponsible president since Herbert Hoover and that future generations would have to pay for today's record deficit, which stands at $455 billion.

"The debate has been much too polite," said George Akerlof, a Nobel prize-winning economist, who was part of a Democratic conference call with reporters on Tuesday that was intended to counter what was anticipated as Mr. Bush's good-news pronouncements today. "There might be some question whether Bush polices are advisable. The proper reference point is that the Bush policy is the worst policy in the last 200 years."

I don't think the economy will see any real recovery until the Bush tax cuts are rescinded, and as long as he's in office, that won't happen. The rising deficits will eventually cause interest rates to reach heights that will destroy any recovery a normal business cycle would have engendered.

Another thing that could hurt any recovery are rising oil and/or natural gas prices. No amount of media or government spin is going to change that reality, or the reality that Bush is the first president since Herbert Hoover whose term in office will see a net job loss.

I still think the economy will be Bush's downfall -


...and as a business owner whose business is being trashed by this economy, I can't say I take much pleasure in that thought.
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shirlden Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 08:30 PM
Response to Original message
26. Done
Still at 91% no.......
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ElsewheresDaughter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 08:45 PM
Response to Original message
27.  AS LIKELY AS ME HITTING THE MEGAMILLION LOTTERY FOR 280 MIL!
opps forgive the caps...i have a rogue left pinkie :7
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-13-03 08:58 PM
Response to Original message
30. No. Not enough time or policy. He's in denial that that he had
Edited on Wed Aug-13-03 08:59 PM by spanone
anything to do with the economy. The People are getting hip to these liars. Thank God.
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