Why the Left should love Bush, Bernake and Paulson

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Watching this whole slowdown in the economy and housing crises and the solutions offered Liberals should love the fact they are using straight Keynesian economics in hopes to fix it. This is the Liberal economic agenda for economic downturns. You liberals support this heavy government involvement? Bailouts, stimulas package, below market interest rates.
 
If they want to avoid this shit then quit deregulating shit that needs to be regulated.

Saving and loans deregulation then a mess, Energy deregulation then a mess, Lending industry deregulated then a mess. When will you suckers learn they will fuck us if you deregulate them?
 
Desh, look at the S & P adjusted for inflation, when we lowered tax rates, deregulated and focused on inflation we had by far had the greatest prosperity in the history of mankind. We have a slowdown and we go back to the slow growth stagflation policies of the 60's and 70's. Makes no sense.
 
Yeah dereg and such cuases a surge, but the end result is inevitable. We did have the greatest prosperity fot the ones with the most money. However the working class who live from wages have been in stagnation or worse for many years.

The old average income vs average wages thing.

all this both parties thijs proves is that now that big business controls the democrats in govt as well. They have had the Republicans in their pockets for years.
 
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I guess I am considered as someone on 'the left.'

I don't represent the left, and can only speak for myself, but I do not love Bush.
 
Onceler said:
I don't represent the left, and can only speak for myself, but I do not love Bush.
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I'm only speaking of his solutions the the slowdown in the economy.

Also the lowest income brackets have increased faster than inflation just not as fast as the top brackets but in real inflation adjusted terms the lowest are also better off.
 
leaningright said:
Yep, this is the section of the income bracket that I think has been very stagnate..............for several years.
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Yep they are the ones that Ob and other proponents of current economic methods do not want to talk about. But they are the backbone of America.
 
Middle brackets are ahead of inflation also, it's just the top bracket increased like 14% a year and all other brackets were like 3.5% with inflation just under 3%. IE creating a bigger gap between the top and bottom although all classes are better off.
 
Alright USC I had to double check my #'s. CPI has been as low as just over 1% and just over 4%. {Past 7 years} Core CPI has been closer to 2% on average. The 2008 CPI #'s may be real high though due to food and enery I agree.
 
All I know is that the money I make doesn't go as far as it once did. It is definitely not increasing enough to keep up with the cost of energy and groceries. Thus lifestyle changes have been in order.
 
The last year has been bad I agree but on the whole the period from 1982 - 2006 were real good, those were the days of lower taxes, deregulation, free trade and price stability. Seems like we have forgotten about that and are leaning towards old failed policies.
 
leaningright said:
All I know is that the money I make doesn't go as far as it once did. It is definitely not increasing enough to keep up with the cost of energy and groceries. Thus lifestyle changes have been in order.
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I just bought a Hybrid, the reality is that as long as gas is over $3 per gallon it pays for itself in savings over driving my truck.
 
Yeah I bought a hybryd as well, but I only got to drive it once. It is a service training tool.
But good for taxes ;)
 
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