Hitting the Wall
In his flat-earth attempt to ignore economic reality, President Bush mindlessly repeats the mantra, "we're turning the corner and we're not going back."
Unfortunately for W, his economic denial is getting harder every day:
- The ranks of
Americans without health insurance swelled to 45
- Since 2002, 1.4 million more
Americans joined those
already in poverty.
- GDP for the 2nd quarter was
lowered again, to 2.8%.
- The U.S. government is running record
budget deficits of over $400 billion.
- The U.S. trade gap and
current account deficit are at record levels.
A third of the Bush tax cuts went to the wealthiest
1% of Americans. On average, American millionaires
received a $78,000 tax cut.
- The median wage of American workers
If Bush wants to run on that record, be my guest. Democrats will ask the famous Ronald Reagan question of 1980:
Are your better off today than four years ago?