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I have no confidence in President Bush. Our economy is on a disaster course. I look for Bush's solution to this crisis to be to start a war with Iran just before election.
Is Our Economy on a Solid Foundation?
1/5/08 -- Posted by Catherine Morgan
Bush says the economy is on a solid foundation. Really? I'm a little skeptical on this one. The jobs report came out yesterday, and sent the stock market into a tail-spin...It appears I'm not the only person skeptical about Bush's "solid foundation". Wall Street fell sharply Friday after the government's much-anticipated employment report for December showed that the economy added just 18,000 jobs and that the unemployment rate climbed to 5 percent, the highest since November 2005, from 4.7 percent. Can our economy really be on a steady foundation? Unemployment is on the rise... We are in a Housing and Lending Crisis... Of the several trends boding ill for the U.S. economy in 2008, the most troubling is what's going on in real estate, which is to say not much in sales and nothing upward in prices and property values. This is not just a housing or mortgage or market problem. It's an economic problem, and the people who want your vote in 2008 had better have some ideas to address it. - read full article The Dollar continues to fall and Gas prices continue to rise... Don't expect to see the prices drop anytime soon, either. Oil experts predict price increases will continue to rise into spring. Personally, it seems to me that our economy is in some trouble. And, I would really like to hear the presidential candidates address these issues, and let the voters know what they plan on doing to improve our economy if elected. What do you think? |
Catherine Morgan
Sunday January 6, 2008, 4:32 PM
Thanks for your comment Blair. Most polls are showing that the economy is the most important issue to the voters...Oddly, the candidates don't really seem to be addressing it.
Blair g.
Sunday January 6, 2008, 1:38 PM
The economy while more diversified and technologically infused is making 'its citizens' suffer. With more and more people needing 2 or 3 jobs just to make ends meet, not being able to afford healthcare, companies habitually withdrawing benefits for their employees (or hiring temps) and the new jobs being created being predominantly low wage in nature, how can anyone say the economy is faring well unless you're in a higher tax bracket and hence don't really have to worry about such mundanities???
Wednesday January 9, 2008, 10:29 AM