Bush Recession of 2001: Just The Facts

Now before you get start reading this post, I did not include all the different things that were being done to fix the economy or the many positive numbers that were coming out of 2000. I just focused on signs that the economy was slowing down and Bush’s plan to fix it. I looked at New York Times articles from June 2000 to Inauguration Day in 2001.

This is a blatant attempt to fortify liberals with ammunition against the Bush revisionists who cannot and will not take responsibility for the Recession of 2001. Yes, the signs were there that a slow down was imminent, even occurring in different segments of the economy. However, the job of the President and his administration is to mitigate those economic slow downs, so they don’t turn into a recession.

Economies are cyclic, but the economy does not have to go into a recession as part of a slow down. Just look at the administrations of Kennedy, Johnson and Clinton to see years without recessions.

The question I come away with all of this is how much notice did the Bush Campaign and then Transition Team need in order to move the economy in the correct direction?  I believe eight months is enough time.

What Republicans Like: The Down-Low

The Down-Low first originated in the African-American community to name the activity of married black men who have sexual relationships with the other men in a hidden, clandestine way. The…

What Republicans Like: Recessions

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The Conscience of a Liberal

For me, reading Paul Krugman’s The Conscience of a Liberal was a reaffirmation of my liberal beliefs: equality of rights, equality of opportunity and a compression of wealth. The books is filled with over 270 pages of facts and ideas, so it would be foolhardy for me to even try to encompass them is a review. Instead, I’ll pull out some quotes from the concluding chapter. However, please take this conversation wherever you would like it to go.

One of the seeming paradoxes of America in the early twenty-first century is that those of us who call ourselves liberal are, in an important sense, conservative, while that’s that call themselves conservative are for the most part deeply radical. Liberals want to restore the middle-class society I grew up in; those who call themselves conservative want to take us back to the Gilded Age, undoing a century of history. Liberals defend longstanding institutions like Social Security and Medicare; those who call themselves conservative want to privatize or undermine those institutions. Liberals want to honor our democratic principles and the rule of law; those who call themselves conservative want the president to have dictatorial powers and have applauded the Bush administration as it imprisons people without  charges and subjects them to torture.

He continues:

I believe in a relatively equal society, supported by institutions that limit extremes of wealth and poverty. I believe in democracy, civil liberties, and the rule of law. That makes me a liberal, and I’m proud of it.

On The Progressive Agenda, Krugman writes:

A progressive agenda, then would require major changes in public policy, but it would be anything but radical. Its goal would be to complete the work of the New Deal, including expansion of social insurance to cover avoidable risks that have become more important in recent decades. And as an economic matter, achieving that agenda woul be eminently doable. It would amount to giving U.S. citizens no more than the level of protection from financial risk and personal misfortune that citizens of othe radvanced countries already have.

Krugman writes On Being Partisan:

The progressive agenda is clear and achievable, but it will face fierce opposition. The central fact of modern American political life is the control of the Republican Party by movement conservatives, whose vision of what America should be is completely antithetical to that of the progressive movement. Because of that control, the notion, beloved of political pundits, that we can make progress through bipartisan consensus is simple foolish.  On health care reform, which is the first domestic priority for progressives, there’s no way to achieve a bipartisan compromise between Repulbicans who want to strangle Medicare and Democrats who want guaranteed health insurance for all.

Well let’s the discussion begin.

Here are some videos of Paul Krugman talking about the economy and his book.

Hube’s Racism Is Showing Again

Hube spews his racist venom on the American-Arab Anti-Discrimination Committe's report, Report on Hate Crimes and Discrimination Against Arab Americans. First off, Hube's little racist rant is hat-tipped to News Busters which…