You can guess my answer to this question, but this article offers the view of actual historians.
Read the entire article.Here is a list of what some of them had to say, some of them self-identified conservatives:
He has taken the country into an unwinnable war and alienated friend and foe alike in the process;
He is bankrupting the country with a combination of aggressive military spending and reduced taxation of the rich;
He has deliberately and dangerously attacked separation of church and state;
He has repeatedly "misled," to use a kind word, the American people on affairs domestic and foreign;
He has proved to be incompetent in affairs domestic (New Orleans) and foreign ( Iraq and the battle against al-Qaida);
He has sacrificed American employment (including the toleration of pension and benefit elimination) to increase overall productivity;
He is ignorantly hostile to science and technological progress;
He has tolerated or ignored one of the republic's oldest problems, corporate cheating in supplying the military in wartime. Tagged As:
politics,
iraq,
religion,
bush
3 Comments:
He is bankrupting the country with a combination of aggressive military spending and reduced taxation of the rich
Just one quick note about the tax cuts. When Bush took over as president, the economy was going strong, however, there were problems (can we say tech bubble). Then, 9/11 hit and we had a recesession. This lead to two things, the Fed lowered interest rates and the government cut taxes. This was a good thing for the economy and the result was a fiscal and monetary stimulus that many say caused the recession to be short-lived. As a result we ran up a large deficit. In the short-run, that is ok, because we needed a stimulus. However, in the long-run the deficit will strangle the US growth. So think of it that we had some bad times and we had to run up our credit cards to keep going. Now that we're back on our feet, we need to start making some minimum payments.
In order to get the deficit under control, we need to either raise taxes or cut spending. As a Republican president, Bush is doing what others (Regan) have done before him: run up a deficit and then claim government is too big we need to cut spending. What would be more prudent is to do a combination of cutting spending and raising taxes.
So that's my speil on government spending and tax cuts :)
Okay, what about the other nine points of the comment, pal?
Isn't if funny how Bush's have a tendency to destroy the economy?
No offense, but I actually agree with you. Raise taxes for the 40% of wealth in the hands of 1% of all Americans. They will barely miss it.
Capitalism has failed. Take a look at Katrina. Next system of government, please!
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