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Bush Allies Say Hes Floundering On Economy

📄 Bush Allies Say Hes Floundering On Economy

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T U E S D A Y , A U G U S T 2 4 , 2 0 0 4Bush Allies Say He's Floundering On Economyby Michael in New York on 8/24/2004 02:33:00 AMMore divisions on the right, as Republican business leaders andothers say the Bush team is adrift on the economy and has no newideas to offer beyond "four more years." Make sure you read throughthe Washington Post article.</p><p> Halfway in, there's a fun section whereTreasury Secretary John W.</p><p> Snow shows an Orwellian gift for staringfacts in the face and blithely stating the obvious -- what mygranddaddy used to call "lying".</p><p> Some examples:"In May, when the unemployment rate of 20- to 24-year-olds hadrisen to 9.7 percent, from 9.2 percent the month before, he toldgraduates at Kenyon College in Ohio, 'The job market is ripe for youright now.'"On Thursday, Snow told employees of a ventilation company inSpringfield, Mo., 'The tax cuts . . . are a critical part of the reasonwhy I am able to report that our national economy has found itsfooting.' Meanwhile, in New York, the Conference Board, a businessresearch firm, reported a second straight monthly decline in its indexof leading economic indicators. 'The latest decline in the leading indexreflects a loss of forward momentum,' said Conference Boardeconomist Ken Goldstein, citing 'worries about where economicgrowth will come from now that tax refunds have been spent.'"Snow's doublespeak is impressive, no? Add New Comment Logged in as AnonymousUser Logout from DisqusLogged in asusing Facebook Connect (Logout)Type your comment here.</p><p> Unclaimed Register with EschatonMonday Night Thread - I wonder if Peter will dosomething stupid on Heroes tonight.19 minutes agoDaily KosGoons at Cincinnati "tea party" bullied, intimidatedmedia - WKRC-TV, the CBS affiliate in Cincinnati,reports that in March one of their reporters wasforced to leave a so-called "tea party" protest aftera small ...34 minutes agoThink ProgressSenate Should Ignore Nutty Glenn Beck ConspiracyTheories And Appoint Harold Koh - Our guestblogger is Henry Fernandez, a Senior Fellow at theCenter For American Progress Action Fund.</p><p> AsThinkProgress recently noted, a small number ofc...38 minutes agoHuffPost PoliticsZP Heller: Why Dr.</p><p> King Would Break the Silenceon Afghanistan - We must invest in our owneconomic recovery and in fixing Afghanistan'shumanitarian crisis.42 minutes agoFiredoglakeOperation Stonewall Stalls Johnsen and Koh -While we wait for the last ballot count in theFranken-Coleman contest, I thought I'd tie inOperation Stonewall to the Republicans' bizarreand seemingly ...44 minutes agoJ O H N ' S P H OT O S Show All The Ford StorySee Ford's Progress on their Plan to Make theWorld's Best Vehicles.TheFordStory.comUgly Inflation Is ComingThese 7 Deadly Ingredients Could Wipe OutThe Economy – Reportwww.freeinvestingreports.comStartup Investing SecretsProfit from the "Superstar" Startup &Emerging Companies of Tomorrow.www.Growthink.com/Investing-Secrets AMERICAblog News| A great nation deserves the truth: Bush A...http://www.americablog.com/2004/08/bush-allies-say-hes-floun... 1 of 64/6/09 8:36 PM