An End to GOP Economics

Filed in National by on January 21, 2009

What happens when you promote greed as a virtue and reward criminals based on the audacity and ingenuity of their crimes?

When George W. Bush took office the Dow was at 10,578.20. By the time he left office, it had fallen to 7,949.09.

The country has a new vision:

A nation cannot prosper long when it favors only the prosperous. Barack H. Obama 1/20/09

About the Author ()

Jason330 is a deep cover double agent working for the GOP. Don't tell anybody.

Comments (9)

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  1. anon says:

    By the time he left office, it had fallen to 7,949.09.

    You mean the “Obama Slide?”

  2. anon says:

    You mean the “Obama Slide?”

    hmmmm…. WordPress ate my *snark* tag.

  3. nemski says:

    LOL anon, the slide just proves that capitalists are not patriotic.

  4. anon says:

    Actually the explanations are technical ones:

    1. Lack of business reinvestment
    2. Lack of consumer buying power
    3. Overhang of debt everywhere
    4. Waiting to see if government will bail you out

    All due to Bush policies.

  5. cassandra_m says:

    Those policies have been around for quite some time, so they are deeply embedded into the system’s DNA — it will certainly take some time get it fixed and reoriented.

  6. Rebecca says:

    Jack just quoted Kennedy’s speech where he said it wouldn’t happen in the first 100 days, or perhaps even the first 1000 days, or maybe even in decades, but that we have to start.

  7. This title is appropriate to some degree, it is about time the President produce something besides speeches and rhetoric.

    The above comments blaming Bush for the following:
    1. Lack of business reinvestment
    2. Lack of consumer buying power
    3. Overhang of debt everywhere
    4. Waiting to see if government will bail you out

    None of these are Bush’s fault, they are the actions of individuals who made severe mistakes, short term and long term.

    On the local level Gov Markell knows his administration is going to be playing catch up ball the entire time and will likely never catch up. All those high priced studies and proposals we heard in the campaign can be used as firestarter.

    http://www.rebuildtheDelawareGOP.com

  8. David says:

    In balance, Greed is good. It is the people who want to keep what is yours and condemn you for wanting better that are evil.

  9. anonone says:

    Man, you can’t make this stuff up!

    Mike “the Torturer” Protack’s proposed models for future U.S. tax policy:

    Estonia, Russia, and Slovakia.