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Bush "upbeat" despite gas prices, falling production, rising unemployment

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Human Torch Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 01:47 PM
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Bush "upbeat" despite gas prices, falling production, rising unemployment


The stated topic for the gathering of Bush and his economic advisers at the presidential retreat here in Maryland's Catoctin Mountains was the economy. Bush was upbeat, despite soaring gas prices and signs of a slowdown -- including falling industrial production and rising unemployment.

The meetings, which began with a dinner Thursday evening, came at a time when only 37 percent of Americans support the president's handling of the economy, according to AP-Ipsos polling in early August. It also comes about two months before congressional midterm elections that will determine whether Republicans continue to control the House and the Senate.

"The foundation of our economy is solid and is strong," the president said.

"The economy grew at a 4 percent annual rate during the first half of 2006," he said. "And this means that our economy is maintaining solid growth in performing in line with expectations."

http://www.msnbc.msn.com/id/14406920/
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ananda Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 01:50 PM
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1. Well, why shouldn't he be?
He and his friends are all doing fine.

Everyone else doesn't exist.
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 01:52 PM
Response to Reply #1
3. of course, he caters to that what 1% and does not give a shit
about anyone else, I absolutely despise this man, among other things.
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racaulk Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 01:52 PM
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2. Whatever
This man is clearly delusional or ignorant. He's is completely out of touch with people outside his inner circle and has no idea how average Americans struggle every day.

I'll be sure to remember that * says the economy is doing well when I spend $35 this afternoon to fill the gas tank in my Toyota Corolla.

:mad:
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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:02 PM
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4. "The foundation of our economy is solid and is strong." Hmmmmmm.
Did this come to mind for anyone else?

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kurth Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-18-06 02:04 PM
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5. What a delusional fuckup
Motherfucker.
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