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President: Deficit will be cut in half in five years (pg. 2)
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josh4
quote:
Originally posted by Trancer-X
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http://www.tranceaddict.com/forums/...842#post3694842


thats the debt not the deficit

lol if he cut the debt in half i might actually change my opinion about him
zig
Think he would want to start looking at the debt like real soon..dollar is sinking and the debt is unsustainable:nervous:
x-filer
I don't think Bush really cares for the debt. Hes a republican they never do any good while in office.
Reverend_Trance
quote:
Originally posted by x-filer
I don't think Bush really cares for the debt. Hes a republican they never do any good while in office.


Ronald Reagan was a pretty cool Republican president. He lowered taxes and increased the military/ While the national debt increased, he kicked the Soviet Union's ass!
Sevas Stra
and the homeless population was the size of Atlanta. Good job with the domestic front Mr. Reagan. R.I.P.
Reverend_Trance
quote:
Originally posted by Sevas Stra
and the homeless population was the size of Atlanta. Good job with the domestic front Mr. Reagan. R.I.P.


In my lifetime I have noticed this. The homeless according to the media were rampant under Reagan and George H. W. Bush. Under Clinton, the homeless are non-exsistant. Under George W. Bush, the homeless are back again!

Republicans cause homelessness!
Sevas Stra
Lol. The Republicans during those years concentrated more on foreign afairs, though. Reagan destroyed USSR and Bush is confused but is trying to destroy something . Clinton on the other hand got ..handjobs and did a whole lot of ZZzzZZzZzz zzzzZzzz.
Tranceporter99
what a ing badass, I think im in love with bush.

did someone say that bush is doing bad on the homefront, think again.
In President Bush’s first term the economy has grown by 4.8% and productivity is at the fastest growing rate in the last 50 years. Home owner ship is up to 68.6%, the highest in history. The Private sector GDP (Gross Domestic Product) growth rate is up to 5.3 percent, comparable to the administration before, at 2.5%. In the first three months of 2004 500,000 jobs were created, since August of 2004 alone, more than 1.5 million Jobs have been created, and contrary to popular belief, these jobs have been not only high paying, but respectable positions. A quote from the Chicago Federal Reserve September 2004 had this to say: “Those sectors paying above the national average constitute just under three-fourths of total employment growth (including five of the seven fastest growing industries), despite representing only 65% of total employment. Thus, it appears that high-paying sectors are adding jobs faster than we might expect given their share of total employment.”
NYGblue
he better lower it... any person here who believes that is not a serious problem is ignorant to reality.
St_Andrew
quote:
Originally posted by Tranceporter99
what a ing badass, I think im in love with bush.

did someone say that bush is doing bad on the homefront, think again.
In President Bush’s first term the economy has grown by 4.8% and productivity is at the fastest growing rate in the last 50 years. Home owner ship is up to 68.6%, the highest in history. The Private sector GDP (Gross Domestic Product) growth rate is up to 5.3 percent, comparable to the administration before, at 2.5%. In the first three months of 2004 500,000 jobs were created, since August of 2004 alone, more than 1.5 million Jobs have been created, and contrary to popular belief, these jobs have been not only high paying, but respectable positions. A quote from the Chicago Federal Reserve September 2004 had this to say: “Those sectors paying above the national average constitute just under three-fourths of total employment growth (including five of the seven fastest growing industries), despite representing only 65% of total employment. Thus, it appears that high-paying sectors are adding jobs faster than we might expect given their share of total employment.”


there is one flaw there tho, you debt is increasing more than your GDP.

Sevas Stra
quote:
Originally posted by Tranceporter99
what a ing badass, I think im in love with bush.

did someone say that bush is doing bad on the homefront, think again.
In President Bush’s first term the economy has grown by 4.8% and productivity is at the fastest growing rate in the last 50 years. Home owner ship is up to 68.6%, the highest in history. The Private sector GDP (Gross Domestic Product) growth rate is up to 5.3 percent, comparable to the administration before, at 2.5%. In the first three months of 2004 500,000 jobs were created, since August of 2004 alone, more than 1.5 million Jobs have been created, and contrary to popular belief, these jobs have been not only high paying, but respectable positions. A quote from the Chicago Federal Reserve September 2004 had this to say: “Those sectors paying above the national average constitute just under three-fourths of total employment growth (including five of the seven fastest growing industries), despite representing only 65% of total employment. Thus, it appears that high-paying sectors are adding jobs faster than we might expect given their share of total employment.”


Also, Foreign Invesment is sky-rocketing back up due to alot of his strong efforts to secure America. Go Bush.
Tranceporter99
quote:
Originally posted by St_Andrew
there is one flaw there tho, you debt is increasing more than your GDP.


either way, it had to be done. We were losing jobs at such an alarming rate from the Tech bubble burst that started a recession, Enron, and Sept 11 all made such a ghastly job market that something had to be done. So Bush insighted massive tax cuts to spur the job growth, adn did it ever. With one of the most genious economic plans ever, Mr. Bush and his team of equally badass and genious people have created, in the past 4 years, over 20 million jobs.
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