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SRISER SRISER is offline
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Join Date: Sep 2003
Location: Washington, DC
Posts: 893
So you think the president is responsible for the condition of the economy when you are pointing out irresponsible consumer behavior? I actually agree with you with respect to consumer behavior. We consumers are silly in that regard. We run up our debt and then blame our troubles on the president lamenting that he didn't do enough for us with respect to jobs.

As for the Klinton economy, that was fabricated entirely on expectations of future fortunes which were based upon nothing...consumers went out and had the same silly debt party that they are having now.

Tax cuts work. Kennedy proved it, Reagen proved it twice (in California and then at the Federal level) and Bush will prove it. This is not a partisan issue, this is economics.

That said, NO president can tryly take credit or blame for anything that happens with the economy or jobs. Blaming a president for that is politics not economics. The people who have the most influence on our economy is the small business owner, Alan Greenspan and the average consumer.
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Old 04-18-2004, 08:59 PM
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