The Economic Plight

George Bush has been touting the "52 months of economic growth" during his presidency in recent days. While I understand he's presenting his case, he can't deny that the country has regressed economically. Even during those 52 months, many Americans experienced falling wages, unstable employment, and benefit cuts. Of course, the wealthiest Americans saw tremendous gains in their incomes, and many of them took that money, and the extra money provided to them from Bush's tax cuts, and drove the price of virtually everything sky high in the futures markets!!! They picked our pockets, pillaged us, and took everything that wasn't nailed down (and I'm not sure of that!). Bush turned them loose on us, removing as many regulations as possible, but in the end they created "bubbles" throughout the economy, and now those bubbles have burst, leaving us with just a lot of hot air. You can't turn the country over to a bunch of greedy egomaniacs!!!

A large segment of American society has been essentially bankrupted by the policies of recent times. Many cashed in pretty much everything they had to just try to stay afloat. Until that segment begins to recover, the country will lag economically. I was stunned to read a recent poll that showed like 47% of Americans said they are living paycheck to paycheck. That number seems a bit high to me, and I don't know if that includes retirees on pensions and Social Security, but even if the actual number is somewhat less, it still shows that many, many Americans are struggling and are just on the edge of a total nightmare.

The Bush people wanted to take the country back in time and they did....to 1929!

(I'll try to do a word history the next time)