They don't call him Miserable Failure for nothing, one of the only ways he doesn't disappoint us.
pie |
02.23.04 - 3:41 pm | #
And my 'part-time' retail job has only been getting me 4 hours/week... when they DO schedule me that week. Time to get another... oh wait... time to learn Hindi.
john m |
02.23.04 - 3:43 pm | #
The unions of America are terrorist organizations because they continue to not help George W. Bush find jobs for all the unemployed.
cheney_usa |
02.23.04 - 3:43 pm | #
And at a time when Mel Gibson "needs your vote." Heaven forfend.
Jay Leno |
02.23.04 - 3:43 pm | #
I guess they're trying to lower the bar...does it go that low?
Starr Jones
Uh, I think they are busy diggin a trench into which the bar may be lowered.
Holden Caulfield |
Homepage |
02.23.04 - 3:44 pm | #
The Bush Admenstruation has a huge jobs program up its sleeve, but it doesn't want to advertise it until after the re-selection.
Naw, brah, the Army's way cool! All soliders do is skateboard and play golf! I saw the recruitment ad on teevee.
Old Hat |
02.23.04 - 3:44 pm | #
But you fail to point out the tremendous leap forward in manufacuring jobs that will be created, when any job that involves doing something to something will be counted as manufacturing.
Give the man some credit.
grytpype |
Homepage |
02.23.04 - 3:45 pm | #
Bush will be the first president since Hoover...
Well, we have all known for sometime that Bush and Hoover have something else in commmon...
But what about the millions of manufacturing jobs he's created?
happy |
02.23.04 - 3:47 pm | #
And how about those total job-hogs who work two or three of the newly-created McJobs just to stay afloat. Pathological haters of the Preznit, I say.
Peanut |
02.23.04 - 3:48 pm | #
laid off from two jobs because companies went under since the junta siezed power. unemployment exhausted, nothing in the hopper, college educated and homeless perhaps? our democracy is broken...
You're all forgetting that NAFTA and the WTO agreements were passed by DEMOCRATS!!
Kerry voted for NAFTA, the WTO, and other, regional "free trade" agreements! (Not to mention the "Patriot" Act and the Iraq invastion.)
Does it matter if your job is exported by Democratic or Republican legislation??
Ralph Nader is looking better and better.
On the other hand, the Green Party is the fastest growing party in the US. It's just too hard to start a new non-corporate political party every four years.
Alan8 |
02.23.04 - 3:50 pm | #
Come on, people! The schools in Iraq. The SCHOOLS!
everyonelovespete |
02.23.04 - 3:51 pm | #
Do YOU support Mel Gibson?
Anonymous |
02.23.04 - 3:51 pm | #
Ralph Nader is looking better and better.
On the other hand, the Green Party is the fastest growing party in the US. It's just too hard to start a new non-corporate political party every four years.
Alan8
Uh, check yourself there, Alan8.
Nader is not running as a Green.
Holden Caulfield |
Homepage |
02.23.04 - 3:53 pm | #
At least Hoover has a dam named after him. Hmmmmmmm... what will George W. Bush have named after him, especially since the Right want everything named after Ronald Reagan?
cheney_usa |
02.23.04 - 3:55 pm | #
Maybe I'm missing Alan8's point. Is he arguing that by casting out Nader, the Green party has become the fastest growing party in America?
That's the inference I drew, because Nader ran on the Green ticket in 2000 but won't be doing so in 2004.
One of us is confused.
hueyplong |
02.23.04 - 4:00 pm | #
I'm not sure I should say this, especially not if it catches on, but:
If the current president's father is George Herbert Walker Bush, and the current president has the worst record since Herbert Hoover, would it be OK to call him.... (well, you figure out the rest).
J. David Eisenberg |
02.23.04 - 4:00 pm | #
what will George W. Bush have named after him
The newest maximum security prison in Texas?
pie |
02.23.04 - 4:01 pm | #
Have no fear, the jobs statistics will soon turn around once the statutes and regulations that define "manufacturing" are rewritten (as the Bush/Cheney '04 campaign will reveal in a photo opp appearance soon), by these people (The Society for Putting Things on Top of Other Things).
Jamie |
02.23.04 - 4:02 pm | #
Out of touch.
I wonder what's going to happen when the reservists come back from Iraq and displace any temporary workers that have been hired in their place...
Unless, that is, the reservists don't come back from Iraq.
That's some jobs program.
underwhelm |
Homepage |
02.23.04 - 4:03 pm | #
Alan8- Kerry did not vote for an invasion; he voted to give Bush the power to choose whether to invade or not. Giving Bush this power seems foolish, but we now know that at the time, Senators like Kerry were being given classified briefings where they were told Saddam had hordes of bio-dispersing drone aircraft that threatened the U.S. (this turned out to be nonsense, of course). Sen. Bob Graham has revealed this fact.
Personal |
02.23.04 - 4:05 pm | #
Just heard it...he blamed his job problem on the trifecta.
noshrub |
02.23.04 - 4:07 pm | #
If you haters would just quit whining, get off your butts, and go shopping - we wouldn't be in this mess. It's not the preznit's fault - it's yours!
Anonymous |
02.23.04 - 4:11 pm | #
At least Hoover has a dam named after him
My old map still says "Boulder Dam"...
I R Weasel |
02.23.04 - 4:11 pm | #
If you haters would just quit whining, get off your butts, and go shopping - we wouldn't be in this mess. It's not the preznit's fault - it's yours!
Hokay, I'm off to the trading post to trade raccoon pelts for tobbaco.
I R Weasel |
02.23.04 - 4:13 pm | #
More bullshit low balling. When election rolls around and we "only" lose 2 million jobs, he can say, we've turned the corner.
Meanwhile the nodding nabobs of journalism will continue to distract the public by focusing on such important issues as Janet J's boob and Teresa Heinz' botox.
cosmosis |
02.23.04 - 4:15 pm | #
Where can I get my "NEA is a Terrorist Organization" - Bush White House bumper sticker?
Just to try to get ahead of the curve (and the Bush admin is making this real hard), where do I get my "52% of the American electorate is a Terrorist organization" - Bush White House bumper sticker?
jimmiraybob |
02.23.04 - 4:19 pm | #
According to Bush, we should sacrifice our good-paying jobs to foreign nations like China (run by a dictator), be happy with getting a minimum-wage job on which one cannot support a family, pay maximum prices on products like prescription medicines, and abandon our homes because the property taxes are being raised sky high to fund the "Leave No Child Behind" program that Bush saddled the schools with, that he refuses to fund (and is actually making schools worse). I say we export Bush instead!
Arthur |
02.23.04 - 4:22 pm | #
How nice to see them cornered by their own lies.
Are you liars and failures or do you have the worst job record since Hoover? Which is it, one or the other?
Are you a liar, or did the justification for your urgent and immenent need for a bloody and costly war turn out to be totally false?
Are you a liar, or do you really support the religious extremists who seek to re-write the constitution and change America forever?
Are you a liar, or did you just blow off the last two years of yourt National Guard service and had the records scoured?
Are you a liar, George, or are you a failure? It's one or the other.
dogbreath |
Homepage |
02.23.04 - 4:24 pm | #
... or both
dogbreath |
Homepage |
02.23.04 - 4:25 pm | #
Its still the economy...
Per (of all places) Fox News Poll 2/18-19:
nation's economic conditions:
Excellent 3%
Good 25%
Only Fair 39%
Poor 32%
Bush's response on this is very weak. He has no plans other than to 'talk up' the economy -- prosperity is just around the corner --- and push making his tax cuts permanent.
He should be hit hard every day on jobs and the economy. Every time he talks about it he seems more out of touch.
rlm |
02.23.04 - 4:25 pm | #
La la la la la la la la la la la.....
Mankiw |
02.23.04 - 4:25 pm | #
At least Hoover has a dam named after him. My old map still says "Boulder Dam"...
I R Weasel
---------------------------------
When the dam was built, the Republican Congress voted to name it after Herbert Hoover, while he was still president. After the Democrats won the White House and Congress in 1932, the name was changed to Boulder Dam (which is what the engineer who designed it named it). The name was changed back to Hoover Dam under a proclamation by Reagan (Congress never weighed in on the matter in the 1980s). A more fitting honor for Hoover (or Reagan) would be to put their faces on poison bottles in place of the skull and crossbones.
Arthur |
02.23.04 - 4:27 pm | #
Yet another attempt to use the Jedi mind trick by adminstration officials. From CNN.
In an election year, or any other time, no one wants to hear that his or her job is gone forever. What makes the jobs issue particularly potent this year is the fact that the states with the biggest manufacturing job losses happen to be such swing states as Michigan, Ohio and Pennsylvania.
...Yet another section of the report raised the important question of whether making a sandwich at a fast-food restaurant (some assembly required) should be reclassified as a manufacturing job...
The Spirit of Howard Beale |
02.23.04 - 4:28 pm | #
At least Hoover has a dam named after him ... what will George W. Bush have named after him ... ?
"For the last time, take out the GW Bush already ... I can hear the truck up the street."
Peanut |
02.23.04 - 4:30 pm | #
I'm just waiting to see how this is going to get blamed on the Clenis™.
Doug Gillett |
Homepage |
02.23.04 - 4:31 pm | #
The Hooverville song from "Annie":
We'd Like to Thank You (Herbert Hoover)
Today we're living in a shanty
Today we're scrounding for a meal
Today I'm stealing coal for fires
Who knew i could steal?
I used to winter in the tropics
I spent my summers at the shore
I used to throw away the paper--
[ALL]
We'd like to thank you: Herber Hoover
For really showing us the way
We'd like to thank you: Herbert Hoover
You made us what we are today
Prosperity was 'round the corner
The cozy cottage built for two
In this blue heaven
That you
Gave us
Yes!
We're turning blue!
They offered us Al Smith and Hoover
We paid attention and we chose
Not only did we pay attention
We paid through the nose.
In ev'ry pt he said "a chicken"
But Herbert Hoover he forgot
Not only don't we have the chicken
We ain't got the pot!
Hey Herbie
You left behind a greatful nation
So, Herb, our hats are off to you
We're up to here with admiration
Come down and have a little stew
Come down and share some Christmas dinner
Be sure to bring the missus too
We got no turkey for our stuffing
We'd like to thank you, Herbert Hoover
For really showing us the way
You dirty rat, you Bureaucrat, you
Made us what we are today
Come and get it, Herb!
Donna |
02.23.04 - 4:32 pm | #
My older brother is an executive at F500 manufacturer. Before you gnash your teeth, he told me of a recent industry meeting in which 1 out of every 3 people he met from other companies have laid off people within the last two weeks. My brother was deeply troubled about the "hemoraging," and it seems like his coleagues are too. Its almost unreal.
Contrary to popular beliefs, business leaders don't like to lay off people and, no, they are not lining up to support Bush. When they lay off workers it means that every other facet of their businiss is shit. No one likes shit, and we may be way too deep in it now.
Jack Pine Savage |
Homepage |
02.23.04 - 4:32 pm | #
what will George W. Bush have named after him
Ilya Kuryakin |
02.23.04 - 4:34 pm | #
Hm, maybe the hole in the ozone layer?
three dots |
02.23.04 - 4:35 pm | #
Now, now, now . . . every time we ship a job overseas, our industries become more efficient, allowing us to invest in brand *new* industries just busting with high-paying new jobs.
I figure the next boom will be in genetically engineered beasties, such as cattle with no brains who are immune to Mad Cow disease.
These creatures will need people to move their jaws for them as they eat and push buttons to electrically stimulate their four stomachs to properly digest cellulose.
And it will be *American* who fill these positions.
Stand proud, future cud chew facilitators. Help is on its way!
Without qualification.
four legs good |
02.23.04 - 4:40 pm | #
Bush analysis of how jobs will be created:
And if you really get productive and can compete, it means you add employees. And he added two last year, and he plans on adding five this year.
Now, there's a lot of Rexes in the country, and you put two on here and five on there, and all of a sudden, there's a lot of people beginning to find jobs.
rlm |
02.23.04 - 4:44 pm | #
"Contrary to popular beliefs, business leaders don't like to lay off people..."
Only true if the layoffs are because business is drying up.
If the layoffs result in fewer people doing the same amount of work (IOW, overworking people for no more pay, IOW, screwing their remaining workers over) or if they layoff decently paid people and then hire replacements at sub-living wages, then they LOVE it, short-sighted scumbags that they are.
Eric |
02.23.04 - 4:45 pm | #
"I urge the liberal establishment to relax and rejoice," Nader told reporters at a news conference.
What will George W. Bush have named after him?
Ilya Kuryakin
----------------------------
Some soldiers in Iraq have beat us to it. They named their latrine "The George W. Bush Memorial Library."
Arthur |
02.23.04 - 4:50 pm | #
Or maybe you'd prefer a little Sondheim:
I'm Still Here
Good times and bum times,
I've seen them all and, my dear,
I'm still here.
Plush velvet sometimes,
Sometimes just pretzels and beer,
But I'm here.
I've stuffed the dailies
In my shoes,
Strummed ukeleles,
Sung the blues,
Seen all my dreams disappear,
But I'm here ...
Well I've been through Herbert and J. Edgar Hoover
Gee, that was fun-and-a-half
When you've been through Herber and J. Edgar Hoover
Anything else is a laugh.
Under GWB, America has become the top manufacturing nation in the world! No other nation has as many new manufacturing jobs available or employs as many in the manufacturing sector.*
(*Assembling burgers part time for minimum wage and no bennies.)
dogbreath |
Homepage |
02.23.04 - 4:52 pm | #
"Contrary to popular beliefs, business leaders don't like to lay off people and, no, they are not lining up to support Bush. When they lay off workers it means that every other facet of their businiss is shit. No one likes shit, and we may be way too deep in it now.
Jack Pine Savage"
Jack, obviously you haven't seen any of Michael Moore's movies or read any of his books. "Roger and Me" is about GM closing plants and laying off workers while the company was recording record profits. "The Big One" had numerous examples of companies doing the same thing, not to mention Phil Knight of Nike saying that Americans "didn't want to make shoes."
commie atheist |
02.23.04 - 4:52 pm | #
Jack Pine Savage: Has your brother and his fellow executives taken any paycuts?
They do not like bad business because then stock options are worth less. Corporate execs are the scum of the earth and I rarely use that wellknown term: they are smart, greedy and egotistical and great at rationalizing their behavior. This combination allows them to actually think they feel sorry when they do a layoff instead of actually, gee, idunno, think of something else to do with the people and capital they ahve invested. They preach the patriotic capitalist talk and give heavy to the Repubs, but they do not go to war, they make deals or have promotions about it. "Hey, tell the web-serf to throw some flags on our corporate site." Then they screw the employees (our greatest asset, run like hell when you hear that one) and have no concern for the longterm welfare of our country.
They confuse the stock market for reality.
Next time you see your brother, tell 'em, "This guy on a blog told me to tell you FUCK YOU!"
Have a nice day! This post is monitored for quality assurrance.
cheney_usa |
02.23.04 - 4:56 pm | #
Q So how loud was cheering yesterday when Ralph Nader announced he was getting into the race? (Laughter.)
Holden Caulfield |
Homepage |
02.23.04 - 4:56 pm | #
OT: New Episode of Look Back in ANGR, over at The Daily Screech
Monkey |
Homepage |
02.23.04 - 4:59 pm | #
From the official White House website:
"Herbert Hoover
After capably serving as Secretary of Commerce under Presidents Harding and Coolidge, Hoover became the Republican Presidential nominee in 1928. He said then: "We in America today are nearer to the final triumph over poverty than ever before in the history of any land." His election seemed to ensure prosperity. Yet within months the stock market crashed, and the Nation spiraled downward into depression.
After the crash Hoover announced that while he would keep the Federal budget balanced, he would cut taxes and expand public works spending."
Deja vu all over again?
commie atheist |
02.23.04 - 4:59 pm | #
Dontcha hate when Bush does those "free speech zones?"
drew |
02.23.04 - 4:59 pm | #
Some soldiers in Iraq have beat us to it. They named their latrine "The George W. Bush Memorial Library."
Arthur
I'm assuming that's after the paperwork is done
preznit giv me turkee |
02.23.04 - 5:00 pm | #
My Obsession notes that the fun and games with the Sep. 11 commission continues:
Q On the 9/11 Commission, why -- you've indicated that the President has agreed to a private meeting with the co-chairs of the commission. Why is the President unwilling to meet with the entire commission? And why, at this point, is he unwilling to provide public testimony? What's his position on this?
MR. McCLELLAN: A couple of things. One, let me get to the first part of your question. The chairman and vice-chairman of the 9/11 Commission sent a letter requesting a private session with the President. The President agreed to the request. We believe that all the necessary information could be provided in that private meeting. In terms of the actual details, we are still discussing those details for that private session with the chairman and vice-chairman. That's where it stands at this point.
Q How is that going? (Laughter.)
MR. McCLELLAN: It's ongoing; it's going.
Q It doesn't appear like he is willing to sit down to offer testimony to the entire commission, and I'm wondering why not?
MR. McCLELLAN: I think the President believes that all the necessary information they need can be provided in a private session.
Q Why --
Q Then why is he appearing?
Q Why -- hold on, Helen. What about -- why not a public session?
MR. McCLELLAN: Well, I think that he feels that everything can be provided in that private meeting, that's why.
Hey, cut it out. Herbert Hoover was elected. And look at the bright side. When historians debate who was the worse president ever there will be consensus- W = Worse
soup |
02.23.04 - 5:01 pm | #
Starr Jones said: I guess they're trying to lower the bar...does it go that low? and reminded me ...
Limbo, everybody! Limbo!!
LIMBO ROCK
Chubby Checker
(W.E. Strange & Jon Sheldon (Kal Mann))
Every limbo boy and girl
All around the limbo world
Gonna do the limbo rock
All around the limbo clock
Jack be limbo, Jack be quick
Jack go unda limbo stick
All around the limbo clock
Hey, let's do the limbo rock
Limbo lower now
Limbo lower now
How low can you go
First you spread your limbo feet
Then you move to limbo beat
Limbo ankolimboneee,
Bend back like a limbo tree
Jack be limbo, Jack be quick
Jack go unda limbo stick
All around the limbo clock
Hey, let's do the limbo rock
la la la etc (instead of instrumental break)
Get yourself a limbo girl
Give that chic a limbo whirl
There's a limbo moon above
You will fall in limbo love
Jack be limbo, Jack be quick
Jack go unda limbo stick
All around the limbo clock
Hey, let's do the limbo rock
Don't move that limbo bar
You'll be a limbo star
How low can you go?
Just another from Life's Little Soundtrack.
Donna |
02.23.04 - 5:03 pm | #
Holden: I read the answer:
"MR. McCLELLAN: John, I think that's all part of our democracy. It's been interesting to watch some the reaction. The great thing is that, in the end, it's the voters who get to decide. "
Except in 2000, when the Supreme Court decided.
This just in, Bush Administration jobs and the SCLM have been reclassified as "manufacturing" jobs since they are mainly concerned with "creating, mass producing and assembling and distributing a manufactured alternate reality for the lowest common denominator of consumers. Fox News was used as a prime example of this process and was hailed for its use of no naturally occurring events but consisting of exclusively factory-made components."
cheney_usa |
02.23.04 - 5:05 pm | #
Building a Bridge to the 1930s
flatulus |
Homepage |
02.23.04 - 5:05 pm | #
My Obsession noted the triumphant return of Les "Political Hate Speech" Kingsolver last week. Les is still upset about those gay marriages in San Francisco. You see, watching the spectacle on teevee makes his naughty bits all tingly:
Q California's Democrat State Attorney General, William Lockyer, has refused to obey Governor Schwarzenegger's direction to, "take immediate steps to obtain a definitive judicial resolution of this controversy," because San Francisco's actions and the Governor's words present an imminent risk to civil order. And my first question, why won't the President, under his obligation in Article II, Section 3, of the Constitution, send federal agents to stop any more of these now 3,000 violations of state law by the mayor?
[Scottie's answer editted out for brevity]
Q Your explanation, that the President is giving this issue serious thought, is called, "politically foolhardy hesitancy that makes true believers think he's not with us," by Bay Buchanan. Gary Bauer says, "There is nothing else on the President's agenda that comes close to the polling numbers on this." And Tony Perkins, of Family Research Council, calls this a tremendous cultural crisis. And my question --
MR. McCLELLAN: I was wondering if you were getting to the question.
Q How long is the President going to fail to take action against what the governor recognizes as an imminent risk to civil order? And how many millions of evangelical votes does he expect to lose by this hesitation?
[Scottie's answer editted out for brevity]
Q When will there be any action, Scott, any action?
MR. McCLELLAN: As I said, he continues to look at it very closely and he is committed to doing what is legally necessary to protect the sanctity of marriage.
Holden: Still nobody challenging the "We've seen 366,000 new jobs created in the last five months" spin.
underwhelm |
Homepage |
02.23.04 - 5:08 pm | #
excuse me for a moment.. gotta hid the head and, uh, 'manufacture' something.
jp |
02.23.04 - 5:10 pm | #
Gay marriage: "imminent risk to civil order"? Did he say that with a straight face?
Next week: cats living with dogs. (this one almost worn out, but I still love it.)
cheney_usa |
02.23.04 - 5:10 pm | #
cheney_usa,
Why would they take paycuts? There's a very basic reason what intelligent business leaders hate to lay people off: less workers means less consumption, which means less demand, which means further layoffs and further less demand.
When businesses lay people off, it's VERY BAD for business. For all businesses at a macro, I might add. It means that fewer people will be able to purchase goods and services.
Mike |
Homepage |
02.23.04 - 5:11 pm | #
underwhelm-
Nope. They did question the "5.6% unemployment is a good number" spin, however.
Oh, and drew: check out tinyurl.com. Those long URLs give Haloscan the heebie-jeebies.
Holden Caulfield |
Homepage |
02.23.04 - 5:12 pm | #
He's also the worst president since dust.
four legs good
ah ha ha ha ha ha!
spocko |
02.23.04 - 5:15 pm | #
Hoover's presidency has nothing to do with the dam's name: before his miserable failure he had been an outstanding engineer and humanitarian. Maybe when W gets the boot congress could name an empty, abandoned warehouse to commemorate his entire adult career.
M. Tulliius |
02.23.04 - 5:15 pm | #
Les Kingsolver seems like he's ready to fly to S.F. and stir up a little civil unrest. After, none of the local citizenry seem to be too concerned.
From the S.F. Chron:
"Schwarzenegger said on NBC's "Meet the Press'' that he fears worsening protests about the divisive issue and worries the situation could get out of hand if courts don't quickly stop the marriages, which are being performed in defiance of existing state law.
"All of a sudden, we see riots, we see protests, we see people clashing. The next thing we know, there is injured or there is dead people. We don't want it to get to that extent,'' the Republican said in his first appearance as governor on a Sunday talk show.
A number of protesters were escorted out of San Francisco City Hall on Friday when they tried to disrupt the weddings, but no one was arrested."
Gay marriage: "imminent risk to civil order"? Did he say that with a straight face?
Don't laugh! There are riots breaking out all over San Francisco because of gay marriage! Police cars being flipped over and hooligans are throwing trashcans through shopwindows! No one is safe! Martial law has been declared!
Not only is the Castro district flaming but all of the financial district has been set ablaze by looters! Mayor Newsom is appealling for calm with a loudspeaker on top of a burned-out bus right now!
It's anarchy, I tell you, pure anarchy!
Old Hat |
02.23.04 - 5:19 pm | #
Worth repeating it was so good, Flatulus:
Building a Bridge to the 1930s
I think if we, who were raised by Depression-era parents, can get the ears of all the school age children now, and let them know how really rotten it was to grow up with our parents childhood memories of little food, no jobs etc, we might develop a powerful lobbying group. My parents were born in 1928 and 1930. I did learn a lot about making things working, fixing things, and bootstrap-pulling, mostly good skills to have (I've broken my bootstraps innumerable times while yanking on them, and finally have resorted to stapling them directly to my ankles). But the downside is multi-faceted. There was a dour overcast on life at all times. They never got over "waiting for the second shoe to drop" feeling, no matter how financially secure they became later.
There should be a book in that it seems to me, something with a catchy title and first hand accounts ... "Bootstraps Babies" perhaps. Or as the folks used to say:
"Kid, you got a long row to hoe."
Donna |
02.23.04 - 5:20 pm | #
Hey, Mike. I've been in the corporate environment and remember one quarter, when the real recession actually began, 03/01 when training, travel, all kinds of stuff were cut at the corporation I where I worked at just below the VP level. The VP cut was not getting the free weekly carwash for the company provided luxury car.
Executives are way overpaid. If business is bad, they bear more of the responsibility for the health of the corporation. I'm not asking them to go on foodstamps. The fact that execs do not even bother (occassional exceptions) to make token efforts at reducing costs to the company are very telling.
I've wasted hours of my life getting paid a buttload of money to listen to these guys display their bad characteristics in meetings. They make decisions on closing sites and moving personnel with less thought about the dollar cost (much less human cost) than my wife and I do about adopting a kitten.
For a good example of this mentality: read about how GWB and his crew invaded Iraq. Same farking mindset.
cheney_usa |
02.23.04 - 5:23 pm | #
Not only is the Castro district flaming ...
-Old Hat
where have you been? the Castro's been flaming for years
preznit giv me turkee |
02.23.04 - 5:23 pm | #
"Not only is the Castro district flaming but all of the financial district has been set ablaze by looters! Mayor Newsom is appealling for calm with a loudspeaker on top of a burned-out bus right now!
It's anarchy, I tell you, pure anarchy!"
Yes, Old Hat,the Castro is definitely flaming. The financial district, where I work, has, alas, gone unchanged. A riot or two would probably force my employer to send everyone home, but all is still quiet along the Embarcadero. Maybe tomorrow...
commie atheist |
02.23.04 - 5:25 pm | #
Old Hat, should we send in the NEA to restore order to SF?
Hello, are you still there? ....
Looks like we've lost San Francisco.....
cheney_usa |
02.23.04 - 5:25 pm | #
Les Kingsolver seems like he's ready to fly to S.F. and stir up a little civil unrest. After, none of the local citizenry seem to be too concerned.
After repeating the Les Kingsolver question of the day for the past six or eight months, I have to say I have some sympathy for the guy. He was a fauning Bush sycophant without peer for some time. Then he left the White House press corps for a few weeks to cover the campaign trail.
By the time he returned, Les' place up Scottie's ass was taken by Jeff Gannon. So now he's just annoying.
Holden Caulfield |
Homepage |
02.23.04 - 5:25 pm | #
Cheney,
One of my many favorite lines from Ghostbusters:
Cats and dogs living together. Mass hysteria!
Donna |
02.23.04 - 5:25 pm | #
where have you been? the Castro's been flaming for years
OHMYGOD! The rioters just set fire to the garment district! All of that beautiful lace and taffetta! Noooooooooo!
Save us Gov. Schwarzenegger from this civil disorder!
Old Hat |
02.23.04 - 5:26 pm | #
More news from S.F.:
Vandals have been running around the city spray-painting everything PINK! Reports of straight men being serially ass-pinched by gangs of lawless homosexuals...There's a rainbow flag on top of the Transamerica Pyramid!!!
commie atheist |
02.23.04 - 5:30 pm | #
Donna: that's where it's from. True classic.
Meanwhile, Air Force 3 has picked up the Fab 5 and is dropping them in by parachute to quell the unrest in SF and provide advice on any issues of how one goes about getting two gays to become one.
By the way, homosexuality is built into the current iteration of our genome. They basically work to minimize the excesses of male behavior we inherited from the Pliestocene so we can have a barely civil society. That's why Queer Eye is about bringing men and women together to marry and have kids successfully.
So, Kingstumper's comments are scientifically provably wrong. Using my theories and no data of course. :}
cheney_usa |
02.23.04 - 5:31 pm | #
"After repeating the Les Kingsolver question of the day for the past six or eight months, I have to say I have some sympathy for the guy. He was a fauning Bush sycophant without peer for some time."
So, Bush's reluctance to do anything but be "troubled" by queers is starting to strain the RR's loyalty? Excellent. He will have to move farther right to hold on to his base...and the Silent Majority will let him know what it thinks of that.
commie atheist |
02.23.04 - 5:33 pm | #
'serially ass-pinched'!! But what about the sanctity of marriage?!?
I just KNEW gay marriage would lead to serial ass-pinching...
random |
02.23.04 - 5:34 pm | #
So, Kingstumper's comments are scientifically provably wrong. Using my theories and no data of course. :}
cheney_usa
he'll recognise that, of course, as GOPSOP
preznit giv me turkee |
02.23.04 - 5:35 pm | #
That gay guy Chuck from down the hall just asked me if I was going to the 3 o'clock staff meeting! When will this madness end?
Old Hat |
02.23.04 - 5:36 pm | #
If only something interesting were going on in the Financial District. I'm sitting here bored outta my skull.
Eric |
02.23.04 - 5:38 pm | #
I might suggest a new PR firm.
bob |
02.23.04 - 5:38 pm | #
Hey, whatever happened to that manufacturing jobs czar, anyway?
Mike Jones |
Homepage |
02.23.04 - 5:39 pm | #
What will George W. Bush have named after him? How about new word in the spirit of quisling (which is another word for traitor, coined for a Norwegian politician who colloborated with the Nazis in WW II)? Perhaps in a few years, we'll find this new entry in the dictionary...
Dubya: (noun) an incompetent leader who destroys or devastates that which he is charged to oversee
Richard |
02.23.04 - 5:40 pm | #
I'm just waiting to see how this is going to get blamed on the Clenis™.
Well, as Atrios and all of you should know by now, certain, um, historical revisions tell us conclusively that the recession started before Bush took office.
Funny how when we were headed into a recession, Bush was bad-mouthing the economy (in order to pass his tax-cuts), and now that it is languishing, he's talking it up in order (I guess) to say his tax-cuts worked and we should make them permanent. Preznit give me headache.
Tinfoil Hat Boy |
02.23.04 - 5:41 pm | #
"It's anarchy, I tell you, pure anarchy!"
I thought you might be describing what it would be like if the sanctity of bigotry amendment passes.
Riots will happen if that happens. But i just don't see Americans going for something so ugly and mean and divisive...if responsible leaders oppose it. If no one opposes it, it will happen.
dogbreath |
Homepage |
02.23.04 - 5:41 pm | #
"Hey, whatever happened to that manufacturing jobs czar, anyway?"
He's flipping burg...er, I mean he's busy manufacturing foodstuff-related program activities.
Eric |
02.23.04 - 5:41 pm | #
America is DOOMED as long as we have this evil doofus as the pretend potus.
Slim |
02.23.04 - 5:43 pm | #
One of my many favorite lines from Ghostbusters:
I posted that whole scene a while back.
Sprout |
02.23.04 - 5:48 pm | #
Washington, AP-- In a move to shore up his economic polling before the election, President Bush announced the appointment of Ronald McDonald (R-CA) to the position of manufacturing jobs czar. The President said, "as the all-important fast food sector of our manufactuing base assumes a majority position within that industry, I think it important to put someone with tremendous knowledge and experience in the position. This will also put a lid on those baseless mad cow rumors that only give aid and comfort to America's enemies."
Mr. McDonald, in limited remarks, talked about supersizing the manufacturing base and vowed that, by making pimply-faced teenagers work longer shifts, he would oversee yet another year of increased "productivity" by America's manufacturing work force.
hueyplong |
02.23.04 - 5:49 pm | #
This may be some what of a shallow observation as I've only been in the workforce a couple of years, but it seems as though the bad behavior comes from execs who can easily make lateral moves from company to company as an exec. At my company, the execs are promoted from within the ranks, so it seems, from where I'm sitting, that they are ultimately devoted to the employees and the product.
Granted, there's nothing glamorous about working here, but I'm not worried about getting laid off anytime, ever really.
Once years of service as an exec at any company counts more than years of service at the company that has the exec opening, the hiring patterns put the execs in the position where they have nothing to lose by screwing employees over. How many more organizations have to crash and burn before these boards realize their hiring practices are allowing the bad behavior of executives?
Chrissy |
02.23.04 - 5:49 pm | #
Chrissy is right. I was thinking about this one CEO type in particular, who went from failed oil company to failed oil company, then helped run the Texas Rangers into the ground before being bailed out in yet another sweetheart sale.
Whatever happened to that guy? A real mook.
hueyplong |
02.23.04 - 5:54 pm | #
"We have reports coming in that a family whose minivan had stalled by the roadside had an encounter with a "Short haired woman" who adjusted a loose spark plug wire and told them quite brzenly that they were "about half a quart low".
The family are obviously distressed.
We will update you as we learn more..."
Ilya Kuryakin |
02.23.04 - 5:54 pm | #
Supply-side economics didn't work in the Hoover Administration, and it left the Reagan-Bush era with an exploded deficit and a diminished middle-class.
The country's greatest leaps in overall wealth has almost always haapen during the Demand-side periods.
Why are these so-called experts so surprised now?
Left_Face |
02.23.04 - 5:55 pm | #
cheney_usa,
His point was that corporate execs dislike layoffs, which was true. Any problems you have with the Bush Admin is between you and the voting booth.
Mike |
Homepage |
02.23.04 - 5:59 pm | #
From CNN, an article on the administration's solution to new jobs - education, and sniping from the unbelievers.
Alan Greenspan and President Bush believe the best response to the movement of U.S. jobs offshore is the same thing it's always been: educating U.S. workers so they can get better-paying jobs.
"There are so many low-paid people who are educated that education is simply not the answer," said Robert Brusca, chief economist at Native American Securities in New York. "The answer is, you will be unemployed if this is not stopped."
"Do you have to be reeducated? Maybe not -- maybe you just need to accept a lower wage rate," said Paul Kasriel, chief economist at Northern Trust in Chicago.
"At some point we will have equalization, where an employer will be indifferent between hiring someone in Bangalore or Chicago," Kasriel said -- though he admitted that could be a long time coming.
...while the world waits for that equalization to take place, labor-market sluggishness in high-wage, developed countries such as the United States could keep global demand anemic, threatening the global economic recovery.
The Spirit of Howard Beale |
02.23.04 - 6:01 pm | #
bob, that new Ford plant in China will manufacture cars for their growing market. It's Henry Ford's dream, Chinese style.
pie |
02.23.04 - 6:07 pm | #
Cheney_USA: By the way, homosexuality is built into the current iteration of our genome. They basically work to minimize the excesses of male behavior we inherited from the Pliestocene so we can have a barely civil society. That's why Queer Eye is about bringing men and women together to marry and have kids successfully.
Very nice. I'm currently making those very loud "horse noises" (pfft, pfft, sputter, cough) that are just short of spraying my monitor and keyboard with afternoon beverage!!
For what it's worth, I do think that gays, lesbians, pacifists, and "true" anarchists will be the vanguard, already are, of those saving the planet from the death dealers.
Can you imagine 50! people a day, I said, 50! people a day walkin' in, singin' a bar of Alice's Restaurant and walkin' out? And friends, they may think it's a movement. And that's what it is. The Alice's Restaurant Entire Massacreed Movement. And all you gotta do to join in is sing it the next time it comes around on the guitar."
I could go on. Critical Mass. Ishmael. Daniel Quinn. I am B. I am Atrios. Ya see what an afternoon off does to me?
Donna |
02.23.04 - 6:08 pm | #
"His point was that corporate execs dislike layoffs, which was true"
Incorrect, it neither is nor was entirely true, but is in fact only true in certain circumstances as noted above by myself and others.
Eric |
02.23.04 - 6:10 pm | #
Nobody has said it in plain English yet, so I will:
Bush is ruining the economy on purpose! There is only so much money; by making the poor poorer, one further consolidates wealth in the hands of the rich. That is the plan; its working beyond his wildest dreams.
Bush is like a perverted Robin Hood, he takes from the poor and gives to the rich.
Slim |
02.23.04 - 6:19 pm | #
So what is the solution to the US jobs problem?
Public Works and boondoggles?
Protectionist policies?
Investment in small business?
Re-education?
For my profession, venture capital in technology might improve the job prospects of engineers.
What would improve jobs in your sector?
Chrissy |
02.23.04 - 6:28 pm | #
Nobody has said it in plain English yet, so I will: Bush is ruining the economy on purpose! There is only so much money; by making the poor poorer, one further consolidates wealth in the hands of the rich. That is the plan; its working beyond his wildest dreams.
Of course the plan is working. (read that: they are succeeding beyond their wildest dreams). It's been a given for some time. Nobody's going to print it. The majority in the US can't imagine that the divine father symbol of the US could mean them harm. It is not this way in Europe, by the way. And you know that the power brokers all understand well the type the social psychology we're dealing with here. They know.
So welcome to the club. Pick your anxiety-numbing drug of choice. I'll send you a text message from the fillings on my teeth as soon as I adjust my tinfoil hat.
Donna |
02.23.04 - 6:30 pm | #
I love the comment section of this blog. You guys are the funniest. We Americans are down but not out as long as we can laugh at our situation. Thanks for theHerbert Hoover song. It cheered me up.
Hi |
02.23.04 - 6:34 pm | #
"Do you have to be reeducated? Maybe not -- maybe you just need to accept a lower wage rate," said Paul Kasriel, chief economist at Northern Trust in Chicago.
Yes, that's exactly right. And actually I wouldn't even mind this, as long as my landlord "just accepts" a lower monthly rent, my credit card company "just accepts" a lower monthly payment, and my @#$*& gas and electric company "just accepts" a lower utility rate. Otherwise he's just talking sadistic talk.
[Actually rents in the SF Bay Area are still falling, going on three years now. (CNN/Money: Vacancy rates up and rents down. I didn't get a rent increase on my Oakland apartment last year. Maybe it won't be too difficult to make my landlord understand he just needs to accept a lower rent.]
Theresa in Oakland |
02.23.04 - 6:45 pm | #
Um, I think that's the "Alice's Restaurant Anti-Massacree movement."
But I could be wrong. As they say, if you remember the sixties, you weren't there.
Lindsay |
02.23.04 - 6:49 pm | #
Okay ... I added a d. I got the rest of it right. And I was there.
Donna |
02.23.04 - 6:55 pm | #
Holden Caulfield,
This is completely off topic but I just have to say THANKS for the homepage link. Everytime the news brings me way down I can count of a quick pick-me-up. And lawdy, he looks soooooo human.
jimmiraybob |
02.23.04 - 7:20 pm | #
grytpype: But you fail to point out the tremendous leap forward in manufacuring jobs that will be created, when any job that involves doing something to something will be counted as manufacturing.
Give the man some credit.
You do know that catsup is a vegetable, do you not? Unless it's Heinz catsup.
.
Jeffraham Prestonian |
Homepage |
02.23.04 - 7:22 pm | #
"Bush will be the first president since Hoover to end his term with fewer jobs than when he started."
WRONG!! Bush may well lose jobs but the last President w/ a net loss was Frankling Roosevelt, jackoff.
Clinton happened to be in office during the tech boom, business cycle upswing, Enron's heyday and most importantly, Y2K bubble. Consider the Dow hit its record high in Jan 2000 and subsequently went off the cliff. The unsustainable boom partially generated by fears of the "millenium bug" was over. Clinton got out just as the roof was caving in and as usual, he left a mess behind for someone else to clean up.
Golden Boy |
02.23.04 - 7:37 pm | #
Oh, hell, here comes the revision. "Clinton just happened to be in office during the..."
ZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzz
Tena |
02.23.04 - 7:52 pm | #
It's the Clenis™!!!!!
You know what, the rethugs aren't going to be able to blame the next prez, a Dem, of course, when things are bad by saying: It was so much better when the Chimpster was running the country.
They'll get laughed off the stage.
Economy sucked under raygun and bush I, was great for 8 years, but Clinton got out just in time???? And now it sucks unbelievably once again.
Clinton listened to his economic advisors.
You are delusional.
And BTW, Enron might still be in business IF THEY HADN'T FUCKED AROUND WITH THE BOOKS!!!!!
pie |
02.23.04 - 7:52 pm | #
My sweetie, who manages a McD's, is quite upset that you maroons would label Ronald McD a Repug, how dare you! I, on the other hand, am overjoyed to be living with the manager of a manufacturing facility, as opposed to a mere fast food joint. Life just keeps getting better and better under scrub, I don't deserve it, NO, REALLY, I DON'T DESERVE IT!.
the kid |
02.23.04 - 7:53 pm | #
It must be very galling to Republikans that their policies don't bear fruit until those darn Democrats get voted in.
If only we had all started buying socks say, back in 1988, peace and prosperity might have started washing over Murrka before 1992, just in time to save Poppy. Instead Poppy had to bear the ignominy of watching the Clenis take the credit for 8 YEARS of peace and prosperity.
And it's kinda funny that despite the Clenis's persistent attempts to derail the turbo-charged economy of the late 90's, none of his measures succeed until, er, WELL into the reign of Our Lord, Preznit, and Savior George W.
The Lord works in might strange ways (the one in the sky I mean)
Ilya Kuryakin |
02.23.04 - 8:04 pm | #
You never give me your money,
You only give me your funny papers.
And in the middle of negotiations you break down.
I never give you my number,
I only give you my situation,
and in the middle of investigation
I break down.
But oh that magic feeling... nowhere to go.
Yep. Our new lives on the Happy Planet. Shouldn't we take a poll? How many go a day without some decent distraction or other mind-altering activity or substance... LOL.
Donna |
02.23.04 - 8:09 pm | #
You libs are either blinded by partisanship or ignorant. Its as if you think the President is in the oval office pushing buttons and pulling levers, making the economy go 'round.
Its so tiresome to constantly have to point out the at NBER lists the beginning of the "Clinton Expansion"
March 1991, Bush Sr. was still in office!
" Clinton listened to his economic advisors."
Pie, since you brought it up, consider the words of Joseph Stiglitz, Clinton's CHAIRMAN of Council of Economic advisors:
“It would be nice for us veterans of the Clinton Administration if we could simply blame mismanagement by President George W. Bush’s economic team for this seemingly sudden turnaround in the economy, which coincided so closely with its taking charge. But … the economy was slipping into recession even before Bush took office, and the corporate scandals that are rocking America began much earlier.” (Joseph Stiglitz, “The Roaring Nineties,” The Atlantic Monthly, 10/02)
He also noted that during the Clinton administration, “the groundwork for some of the problems we are now experiencing was being laid. Accounting standards slipped; deregulation was taken further than it should have been; and corporate greed was pandered to ….” (Joseph Stiglitz, “The Roaring Nineties,” The Atlantic Monthly, 10/02)
Whats that about Clinton's advisors again?
Golden Boy |
02.23.04 - 8:36 pm | #
Ah Golden Boy: "You libs"? Surely you jest if you think to label this diverse crowd here with that label. S'okay. We know you're only sleeping. We don't think it means what you think it means.
Donna |
02.23.04 - 8:43 pm | #
More from Life's Little Soundtrack:
American Tune
Words & music by Paul Simon
Many's the time I've been mistaken
And many times confused
Yes, and often felt forsaken
And certainly misused
Oh, but I'm alright, I'm alright
I'm just weary to my bones
Still, you don't expect to be
Bright and bon vivant
So far a-way from home, so far away from home
I don't know a soul who's not been battered
I don't have a friend who feels at ease
I don't know a dream that's not been shattered
or driven to its knees
Oh, but it's alright, it's alright
for we lived so well so long
Still, when I think of the
road we're traveling on
I wonder what's gone wrong
I can't help it, I wonder what's gone wrong
And I dreamed I was dying
I dreamed that my soul rose unexpectedly
And looking back down at me
Smiled reassuringly
And I dreamed I was flying
And high up above my eyes could clearly see
The Statue of Liberty
Sailing away to sea
And I dreamed I was flying
We come on the ship they call the Mayflower
We come on the ship that sailed the moon
We come in the a-ge's most uncertain hours
and sing an American tune
Oh, and it's alright, it's alright, it's alright
You can't be forever blessed
Still, tomorrow's going to be another working day
And I'm trying to get some rest
That's all I'm trying to get some rest.
Donna |
02.23.04 - 8:48 pm | #
Golden Boy,
All I know is that we had 8 years of peace and un-paralelled prosperity under Clinton. Clinton generated a giant surplus that Boosh managed to fritter away in a few weeks.
There's no way Boosh can have 4 more years, since he'll have the country ruined 3 or 4 months into his second term, the economy will be completely shut-down by then and there will be mayhem in the streets. All those pepole in the streets are going to hunt down that top 1% Boosh loves giving our tax money to French Revolution style.
Tenretni |
02.23.04 - 8:52 pm | #
People without jobs will have lots of free time to go to the polls and vote Bush out of office!
wishin' and hopin' |
02.23.04 - 9:01 pm | #
He also noted that during the Clinton administration, “the groundwork for some of the problems we are now experiencing was being laid. Accounting standards slipped; deregulation was taken further than it should have been; and corporate greed was pandered to ….” (Joseph Stiglitz, “The Roaring Nineties,” The Atlantic Monthly, 10/02)
This happened *during* the Clinton administration, sure, but not because of it; in fact, one of the key pieces of legislation involved was passed over Clinton's veto.
cmdicely |
Homepage |
02.23.04 - 9:10 pm | #
Herbert Hoover's parents both died before he was ten, he put himself through school and became a capable and well compensated engineer. When WWI broke out, he turned over his business to associates and helped organize relief for starving Belgians blockaded by the Germans. He drew no salary and paid his own expenses.
Hoover might not have been a great President but he was a good man, and it's an insult to lump him in any way with this miserable failure of a President we have now.
Golden Boy, you think Clinton left messes? Four more years of Fool's Gold Boy in the White House, the whole country will be fit for the landfill.
Nick Carraway |
02.23.04 - 9:17 pm | #
Golden Boy, I can't wait to read about the economic policies enacted with Bush's blessings. Paul O'Neill already gave us a glimpse into the buffoonery. We'll be hearing much more in the years to come.
pie |
02.23.04 - 9:18 pm | #
Nick Carraway - Actually, Hoover's administration was the last time before this that the Republicans held both the executive and the legislative majority. I think it's indicative of what happens when the Repugs control everything, rather than just something that can be laid at Hoover's doorstep.
Tena |
02.23.04 - 9:36 pm | #
Tena, you'll love this old one from the Depression:
Mellon pulled the whistle
Hoover rang the bell
Wall Sreet gave the signal
And the country went to hell
hueyplong |
02.23.04 - 9:55 pm | #
hueyplong - that is great. Thanks. The country sure did go to hell and if we can't stop the bleeding in November, we're headed right back there again.
Tena |
02.23.04 - 9:57 pm | #
for george to lower the bar enough, he would have to put it in a down elevator.
pansypoo |
Homepage |
02.23.04 - 9:59 pm | #
BTW, Hoover only had both houses for the first two years. In 1930 the Democrats took the house and Hoover only held on to the Senate by a 48-47 plurality.
hueyplong |
02.23.04 - 10:07 pm | #
hueyplong - ok, another idea of mine goes out the window. Thanks for the information. Obviously I'm not as up on the fine points of political history as you are.
Tena |
02.23.04 - 10:17 pm | #
George W. Bush has a record as President I can be proud of. He took a recession he inherited and turned it around. Bush gave me my tax cut, which gave me the opportunity to spend more money and contribute to the growing economy. Bush led the war on terror. Bush liberated Afghanistan. Bush liberated Iraq.
Bush would never run from his record – he'd run to embrace it. George W. Bush can run on his record because his record is one to brag about.
matt margolis |
Homepage |
02.23.04 - 10:18 pm | #
matt,
You're not one to look too far under the covers are you?
jimmiraybob |
02.23.04 - 10:33 pm | #
Ooh me too me too - I so hope Georgie runs on his record. Lying us into an illegal and immoral war that we are stuck in, more jobs lost than during any other administration, largest deficit in history (from a large surplus that was handed to him,) administration revealing the identity of a CIA agent (treason), failure entirely to heed intelligence warnings about Osama bin Laden planning to hijack planes and fly them in to buildings, resulting in the death sof 3000 people - oh, I could just go on and on. Yes yes yes, please run on your record, George, do that, will you?
Tena |
02.23.04 - 10:38 pm | #
How many versions of that did Matt try before he got one where every SINGLE sentence was a lie???
Nads |
02.23.04 - 10:45 pm | #
cmdicely,
I would never give Clinton all the credit nor all the blame for the 90's.
Regarding the current economy, Bush gets some credit for the tax cut, some blame for the spending binge. Its simply economic illiteracy or partisanship to say that because Bush took office, the economy sank.
Here are the facts:
The NASDAQ peaked on March 10, 2000;
The S&P 500 peaked on March 24, 2000;
The Dow Jones peaked on January 14, 2000
Manufacturing employment started falling in August 2000;
Industrial production started falling in July 2000; and
Manufacturing trade and sales started falling in April 2000.
Hmm, think hard libs. Who was President in 2000? Again, you are either dishonest or ignorant. Which is it?
Golden Boy |
02.23.04 - 10:47 pm | #
The country knew Clinton's 8 years were up and a GOP Chimp was coming through the pipe. Of course the markets all reacted to the imminent threat.
Tenretni |
Homepage |
02.23.04 - 10:53 pm | #
GB,
"Hmm, think hard libs. Who was President in 2000? Again, you are either dishonest or ignorant. Which is it?"
Hmmmmmmmm, I'm still thinkin' it was Cheney.
jimmiraybob |
02.23.04 - 11:01 pm | #
Actually, Al Gore was elected president in 2,000. However, the former governor of TX had the office given to him by a court stacked by his Daddy.
Tenretni |
02.23.04 - 11:26 pm | #
"Bush would never run from his record – he'd run to embrace it. George W. Bush can run on his record because his record is one to brag about."
-matt margolis
Recession is defined as two straight quarters of falling GDP. Plain and simple.
So, when were the first two consequcutive quarters of falling GDP?
I do not know, but I remember reading an SCLM article that was playing "Pen the Blame on the Donkey". These are the revised numbers, meaning after massaging: Q3/00 GDP fell by 1.2%; Q4/00 GDP rose by 0.5%.
Tough luck, assholes. Too bad that fuzzy math swings both ways.
cheney_usa |
02.24.04 - 12:25 am | #
Thanks to the two other posters for defending Hoover as a person, if not as a president. I'd also like to add that his English translation of the seminal medieval work on metallurgy, De Re Metallica, is still considered the standard translation today. I don't seem to recall Dim Dubya having any sort of street cred as a scholar, let alone a competent engineer. In short, Hoover was a all right guy with some stunning achievements, and a piss-poor president...unlike the Shrub, who is a mediocre guy with no discernable achievements...and also a piss-poor president.
Then, on the economics front, the "conventional wisdom" in economics (which would like to be a science, but just can't quite get the hang of that "observational evidence" thingy) says that there's a certain, natural, optimal level of unemployment required for the economy to function (Google "NAIRU" and see what happens). According to said conventional wisdom, if unemployment is too low, inflation goes up, and then people have a disincentive to work because their paycheques don't go as far. Also, if the "reserve army of the unemployed" goes too far down, then employers are forced to pay more for labour, and we can't have that, because it might (again) drive up inflation, and thereby wreck the economy. (In short, Full Employment = Disaster.) So, the powers that be like it when five or ten out of every hundred people aren't working, because in their view, it's better for the economy than if they were.
Personally, I blame Leo Strauss and Milton Friedman. (Can we go back to using John Maynard Keynes and maybe progress from there to William Vickery -- another economics Nobel Laureate?)
Interrobang |
02.24.04 - 12:37 am | #
golden shower boy makes the typical Republican mistake of equating the stock market with the economy as a whole. While the two can correlate, they don't necessarily.
Present times being a very good example. Stocks are up; employment is still sluggish. Despite 50 year low interest rates. Despite improvements in productivity. Despite the stimulus of Bush's tax cuts and deficit spending.
Economists who know what they are talking about (as opposed to, oh, right wing asshats trying to score cheap debating points with people they carelessly assume to be as gullible as they are), universally regard a recession as two consecutive quarters of a decline in GDP.
This occurred in March 2001. See here for a report by the National Bureau of Economic Research.
However, golden shower boy, we do agree on one thing: the credibility of Joseph Stiglitz, a Nobel-winning economist.
Here is what Joe Stiglitz has to say about the Bush tax cuts.
Bush senior had bequeathed to Clinton a
serious deficit—8 percent of GDP, if one excludes the money that was
supposed to be going into Social Security. But Clinton bequeathed to
Bush junior large surpluses. These surpluses might have been used to shore up our Social Security and Medicare system. They might have provided badly needed new benefits, like long-term care and prescription drugs. They might have been used to repair America's infrastructure, our aging highways, bridges, and airports. The burst of growth in the Nineties was based on new technologies and progress in science; and yet, even here, we underinvested, because of pressure to meet deficit targets.
As President Bush took office, he took advantage of the economic downturn to push for a tax cut, but it was a tax cut that was not designed to stimulate the economy—and it did not do so to any appreciable degree. Two years later, the economy is still languishing.
The cost of Bush's mistake has been enormous. In 2001 alone, we had a gap of some 3 percent between the economy's potential and what it actually produced, which translates into loss of $300 billion. And there is strong evidence that as success breeds success, failure breeds failure: if the economy's output is lower today because of this mismanagement of national economic policy, it will be lower five, ten, twenty years from now, since some of the lost output would have been spent on investments that would have enhanced productivity.
I've got more Joe Stiglitz to rub in your face but I think that is enough for now, golden shower boy.
renato |
Homepage |
02.24.04 - 12:49 am | #
renato,
Im sure you are aware that there is some serious rethinking going on about when the recession officially started. Lets say March 2001 is correct. Bush was in office 2 MONTHS! You'd have to be pretty retarded to think a new President could cause a recession when his budget and policies havent even taken effect. You libs have nothing but disgrace and shame to hang your hat on from the Clinton years so I guess you will defend "Clintonomics" to the point of absurdity.
All the indicators were pointing downwards and then came 9/11 and the corporate scandals. The Y2k infrastructure binge was satiated. Clinton got out just in time.
Your Stiglitz criticisms (and we could start a whole new discussion there) of Bush having nothing to do w/ his belief that "...the economy was slipping into recession even before Bush took office, and the corporate scandals that are rocking America began much earlier.”
Once again, you libs are either morons or dishonest when you argue that the president has this much control over the economy. Do you really think you are fooling anyone? I mean, its just sad....
Golden Boy |
02.24.04 - 1:07 am | #
Im sure you are aware that there is some serious rethinking going on about when the recession officially started.
yeah. by the Bush-Cheney re-selection campaign.
renato |
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02.24.04 - 1:53 am | #
But Golden Boy, why wouldn't Bush brag about how much control he has over the economy? Hasn't he bragged about how well things are going?
Jim |
02.24.04 - 2:24 am | #
MR. McCLELLAN: I think the President believes that all the necessary information they need can be provided in a private session.
The president doesn't want us to get used to the image of him testifying in his defense. We might get some ideas.
Dubya: (noun) an incompetent leader who destroys or devastates that which he is charged to oversee
...and other stuff he's not in charge of because it happened to be in the same place as the stuff he's responsible for wrecking, plus some stuff he just feels like messing up for the hell of it.
Tomato Observer |
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02.24.04 - 8:28 am | #
Im sure you are aware that there is some serious rethinking going on about when the recession officially started.
yeah. by the Bush-Cheney re-selection campaign.
So good, renato, it had to be repeated. In fact, someone just posted an old news 2001 article that stated that the Bush administration was worried that the country might be heading into a recession.
2001. Bush administration said. recession.
pie |
02.24.04 - 9:06 am | #
Wow, an economics class, on my computer no less, thanks guys! It's pretty obvious that the people who could grow our economy are holding back, waiting to see what happens in Nov., growth after that, if scrub is de-throned, will absolutely explode. It all comes back to faith in our resident, and his party, to do the right thing for this country, which this administration NEVER does. People are holding back for a reason, call it a lack of faith in current leadership.
the kid |
02.24.04 - 9:36 am | #
Eight years of peace and prosperity under Clinton!
This man must be punished!
renato |
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02.24.04 - 10:16 am | #
"yeah. by the Bush-Cheney re-selection campaign."
Wrong! It is National Bureau of Economic Research, the same group who pinned the 90's recovery as beginning in 1991, before the Draft-Dodger-in -Chief even took office.
You can chant slogans like "8 years of peace and prosperity" all you like. Clinton did some good things for the economy and alot of bad. Regardless, the President doesnt "control" the economy.
You libs may fool alot of fools but anyone w/ a scintilla of economic literacy sees right through it.
The economy was headed into the tank in 2000. Once again, all the indicators were head downward. At the time, Bush was accused of "talking down the economy." Meanwhile, Slick Willie was kicking the can up the road as he planned his pardoning of Marc Rich, normalizing relations w/ the North Koreans and figuring out what White House furniture would fit into his El Camino w/ astroturf in the back. How soon you libs depend on people forgetting...
Golden Boy |
02.24.04 - 10:47 am | #
the draft dodger in chief didnt take office til 2001.
the preznit doesnt control the economy, he controls fiscal policy.
fiscal policy is a large part of the picture.
ish |
02.24.04 - 1:42 pm | #
And Bush's fiscal policy didnt take effect until 2002. Why do I have to spell this out? The recession began sometime between 2000 and 2001. Clinton's fiscal policies were in effect then.
Golden Boy |
02.24.04 - 6:13 pm | #
cheney_usa,
Why would they take paycuts? There's a very basic reason what intelligent business leaders hate to lay people off: less workers means less consumption, which means less demand, which means further layoffs and further less demand.
When businesses lay people off, it's VERY BAD for business. For all businesses at a macro, I might add. It means that fewer people will be able to purchase goods and services.
Mike
This is an illusion. Because of NAFTA and the WTO (and the other "free trade" agreements), it no longer matters if American consumers can't buy goods: The corporations simply market their goods to affluent consumers in other countries!
The corporate power structure no longer cares if the American standard of living falls.
The Democrats are financed by the same corporate interests that finance the Republicans, and they don't care; Kerry supports these "free trade" agreements. All we get from Kerry is lip service to fool working Americans into voting for him.
Democrats won't actually support significant pro-worker laws unless they're afraid of losing votes to leftists.
The question for progressives is: Do we support Nader, or the Green Party? At first I was against Nader's run because I saw it as taking votes from the Green Party.
But then I realized it will be a order of magnitude harder for the corporate media to ignore leftist issues if there are two parties raising them!
Alan8 |
02.25.04 - 9:56 am | #