Bush Says Economy Is Poised to Rebound

[flashl]

Source: NY Times

WASHINGTON — President Bush urged Congress on Monday to resist efforts by Democrats to pass a second economic stimulus package, saying that while the economy is “in a rough time right now,” he is confident it will begin to rebound by the end of the year.

On his first day back from a swing through Eastern Europe and Russia, Mr. Bush summoned small-business leaders to the White House to showcase the first stimulus package, signed into law in February. That package included rebates for taxpayers — the White House says the checks will start to go out next month — and tax incentives intended to encourage businesses to invest.

Mr. Bush urged lawmakers to give the law a chance to work before passing a new one. “Give this one a chance to kick in,” he said.

But in the wake of a bleak report on Friday that showed 80,000 jobs were lost in March, Democrats say there is no time to waste. The House speaker, Nancy Pelosi of California, has called on Mr. Bush to work with Congress in passing a new stimulus bill and has said she will raise the issue with Mr. Bush directly at a meeting scheduled for Wednesday at the White House.

NY Times

Read more: http://www.nytimes.com/2008/04/08/washington/08bush.html?ref=us

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Are small-business leaders receiving checks in May? Are they responsible for the mayhem on MainStreet?

[0007]

1. Economy is indeed ready to pounce!

But upon who?

[santamargarita]

2. The most astonishing fact about this bunch is simply that it continues to exist.

K&R

[eilen]

3. Prosperity is just around the corner....

sure, when have we heard that before?

[Lorien]

28. Sure it is...once a DEMOCRAT gets into office!

We thought that no one could fix the mess Bush the first made, but then Clinton came along. So yeah, once Bushboy II leaves things have a good chance of improving!

[Yavin4]

35. I Thought Victory in Iraq Was Just Around The Corner

How many freakin' corners are there?

[jazzjunkysue]

41. "Freedom is on the march. ""Help is on the way. ""The shit has hit the fan."

"I'm from the U.S. government, and I'm here to help."

I think there's a 3rd grader in Kansas who still believes this spew, so, he keeps it coming.

[eilen]

46. During the Great Depression

it was a big slogan. "Prosperity Is Just Around The Corner"

http://www.historylearningsite.co.uk/wall_street_crash.htm

"What did the government do?

The president was a Republican, Herbert Hoover. He believed that if you were in trouble you should help yourself and not expect others to help you. This he called "rugged individualism". Therefore he did not do a great deal to help those out of work.

"It is not the function of the government to relieve individuals of their responsibilities to their neighbours, or to relieve private institutions of their responsibilities to the public."
Hoover.

Hoover did not believe that the depression would last - "Prosperity is just around the corner" is what he said to businessmen in 1932 when things were just about at their worst. Squalid cardboard campsites were created in cities to live in...called "Hoovervilles". The nick-name of the soup given out by charities for the unemployed was "Hoover stew".

However, Hoover did do some good. Money was used to create jobs to build things such as the Hoover Dam. In 1932 he gave $300 million to the states to help the unemployed (Emergency Relief and Reconstruction Act) but it had little impact as states run by the Republicans believed in "rugged individualism" more than Hoover did and they used only $30 million of the money offered to them.

Many saw Hoover’s attempts as being "too little too late".

In the November 1932 election, Hoover was heavily defeated by the Democrat candidate. This man had promised the American public a "New Deal". His name was Franklin Delano Roosevelt. Thirteen years of Republican rule had come to an end."

[liberal N proud]

4. ..

:rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl: :rofl:

[XanaDUer]

5. He's The Great Karnak in reverse

watch out.

[MaineDem]

6. He is just way too full of shit to even notice

I look at him as irrelevant but he's still too dangerous to ignore.

[sendero]

7. Bush is the greatest contrary indicator..

... ever devised. If he says something is going to happen, you can bank on the opposite.

These idiots really think that these stupid checks are going to have a meaningful impact on the economy. Ridiculous.

[onehandle]

8. I have no doubt that they will engineer a fake bounce just before the election...

...but then the check comes for the Iraq occupation, the next President is blamed for the coming horrible unhideable recession (or worse) and they are throw out after only one term.

Democrat or Republican. The next President will be a one-termer. Mark my words.

[wellst0nev0ter]

9. "The Downturn Is In Its Last Throes" (n/t)

[Vinca]

10. And I'm poised to spontaneously lose 20 lbs. Miracles happen. nt

[SpiralHawk]

11. "...and Saddam's evil WMDs will soon be found. Smirk." - Commander AWOL

[tanyev]

12. "It's hard work destroying the U.S. economy. I just need a few more months."

[DRoseDARs]

13. Well no shit, Chimp. Anyone and their toe fungus could have told you THAT.

We've had recessions and depressions before, we'll have them again. The problem is IT TAKES MANY YEARS to recover, you fuckwit.

[Shae]

14. That's great news.

I feel so much better now.

:sarcasm:

[LibertyLover]

15. Oh gods, that means

we are headed further and faster into a downward economic spiral.

[boilinmad]

16. He should know....

...he was such a great businessman before he became the pResident.

[Summer93]

17. This guy says one thing means another

He sent our country to WAR based upon WMDs and then laughed about finding them under his own desk. How can a world based on reality believe anything he says about anything at any time for any reason. He does not live in reality.

[pattmarty]

18. This ass-hole NEVER GOT OFF THE COKE, he really is high.

[bdamomma]

19. what a sick man he is, he truly believes in his sick mind

that those checks will do something for the economy. delusional beyond words he is.

[n2doc]

20. Cue up the 300 point Dow loss! n/t

[Kelvin Mace]

21. Oh, the economy WILL rebound

for him. After he gets out of office (if he actually does leave office), he'll have money rained upon him by all of the defense corporations he enriched beyond the dreams of avarice.

[paparush]

22. "The Surge Is Working" "The Economy is Rebounding" "Brownie's Doing a Heckuva Job"

The world will rejoice when / if this man ever leaves office.

This idiot has been president nearly 8 of my son's 12 years.

My boy deserves better.

[sinkingfeeling]

23. Markets going down already this morning. Heckav' job, Bush!

[grahamhgreen]

24. It's not a rough economy for him and his family and friends! What a nice man.

[LeftHander]

25. Tax Rebate/Refund driven dead cat bounce....nt

[Stuart G]

26. Perhaps the Bush Man should read this:.....see link...

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3259789

But I doubt anyone over there would..........

[CountAllVotes]

27. and ....

Recovery is right around the corner ~ Herbert Hoover

:dem: :kick:

[Nickster]

29. "Just give me one more Friedman Unit (6 Months), the economy will be the best and we will have won

in Iraq!" "Trust me!"

[Javaman]

30. catapulting the propaganda. nt

[Ian David]

31. It's not a Great Depression... It's The Wal-Ocaust

http://www.walocaust.com/site/

[Acadia Blue]

32. For who Mr. Bush? Your have and have more buds? yea thats who

[ironrooster]

33. he says these things not b/c he believes them

but to show CONTEMPT AND CONTROL for and over the commons - he knows they are not to be believed.
He is mocking the commons. It may get traction among that part of his base that is
unmonied and ignorant - but the educated whether they are conservative business elites or
progressives understand it's bullshit. Bush uses language albeit clumsily, in the manner
recommended by Leo Strauss.

Ignoble liars: Leo Strauss, George Bush, and the philosophy of mass deception
Harper's Magazine, June, 2004 by Earl Shorris

http://www.lacosapizza.com/shorris.html

[ironrooster]

34. IGNOBLE LIARS

exerpted from
Ignoble liars: Leo Strauss, George Bush, and the philosophy of mass deception
Harper's Magazine, June, 2004 by Earl Shorris

http://www.lacosapizza.com/shorris.html

"
THE GREATEST CLARITY IS A CONTRADICTION

For the uninitiated, "contradiction" is the key to the Straussian approach, and more than anything else it defines the Bush regime and its circle of influentials. The contradictory and absurd statements of George W. Bush need not be listed here. His collected solecisms have been published in multiple volumes and are scattered throughout the Internet. Donald Rumsfeld's most inscrutable utterances have even been set in verse. Such deformations of the English language are no accident: they reflect the administration's general pattern of communication

ALL MEN ARE NOT CREATED EQUAL

William Kristol has written that "Strauss, chiefly by way of his students, is in large part responsible for making the thought and principles of America's founders a source of political knowledge and appeal, and for making political excellence more broadly a subject of appreciation and study." America's founders thought it self-evident that all men are created equal, and yet increasing inequality has been the hallmark of the Bush Administration, as it was of the Reagan and Clinton administrations. Donald Rumsfeld's primary task under Ronald Reagan was to rid the country of the Great Society programs of the early 1960s. Irving Kristol, an early Straussian, advised Reagan and Rumsfeld and their staffs of the need to stop coddling hungry children, educating the poor, and helping the aged, the infirm, victims of prejudice. The current Bush Ad ministration works more boldly toward inequality. It has adopted a tax system suggested by Grover Norquist, another Straussian, a man who publicly compared the inheritance tax to the Holocaust.

Robert Maynard Hutchins, the founder of the Great Books program, said, "The best education for the best is the best education for all." In 1959, Strauss wrote that "Liberal education is the necessary endeavor to found an aristocracy within democratic mass society+" In one sentence he had stated his elitism and his distaste for what he called the vulgarity of democratic society. Three years later he made the ruling elite permanent: "We must not expect that liberal education can ever become universal education. It will always remain the obligation and the privilege of a minority." Arrogance follows elitism, it leads to cruelty, the capability, perhaps even the desire, to use people, to make them into things. No follower of Strauss can agree with Kant's description of human dignity: man is not a means but an end in himself. The Straussians assign dignity to the few, and those who are deprived of dignity cannot pursue happiness. The study of Strauss's work does lead to thinking about the Founders: not how they would agree with the Straussians but how they would oppose them.

"

[sofa king]

36. Jesus, is that asshole TRYING to sink us?

By now, most of us have figured out that the son-of-a-bitch never tells the truth, ever. So if he's gone and sunk the economy again and he's worried about it, his only chance to keep panic down is to SHUT THE FUCK UP!

Will one of you freeper lurkers please send him a memo about that, please?

[jazzjunkysue]

40. Now, you're catching on.

:hi:

[Trillo]

37. A rebound two month's before,

and continuing through, the general election, per chance?

[loves_dulcinea]

38. keep on catapulting that propaganda

so that america will catapult your party out of power.

[Massachusetts]

39. in 2012

[superconnected]

42. does he mean he's going to jail and we're going to get all that money back!

[scarface2004]

43. whatever!!!!!!!!!

jesus h criest!!! can this moron just ess tee efff up!!

[skoalyman]

44. That stimulus check better come with some paxil

thats the only way this economy's going to rebound.I fill a depression coming on.:shrug:

[NeoConsSuck]

45. Rebound?

The correct term is dead cat bounce. There will be a warm fuzzy glow, as murcans cash their rebate checks (the ones our grandchildren will be paying for). Then when the money is spent, and we're still spending more than our paychecks for skyrocketing food and energy, the reality hangover begins.

Did I also mention our granchildren are responsible for the Bear Sterns failed investments? But hey, that's only a few billion.