ViceZilla’s Views

President George Bush showing again that he is so totally out of touch with the times that he denied that the US economy was in recession or would go into one despite a spate of downcast reports and gloomy indicators.

“We’re not in a recession, I don’t think we will go in a recession. We’re in a slowdown, and there’s a difference,” Bush said in an interview with American Urban Radio Networks. “No question there is softening now.”

“I am confident in our economy,” he said. “Think about what we’ve been through since I’ve been president, recession, an attack, corporate scandals, major natural disasters, high oil prices, war and yet we had 52 months of uninterrupted growth and that speaks volumes about the American people and resilience,” he said.

So our economy is napping is what he wants us to believe!

His challenge of “Think about what we’ve been through since I’ve been president,” makes me queazy at the thought! He claims that we had almost 41/2 years of uninterupted growth, but his economy is obviously different from our economy. Yes, a few boatloads of greenbacks have left the treasury to buy services and materials, but unfortunately the money went to defense contractors who were embroiled in the profitable Iraq war.

The U.S. dollar is in the tank around the world, consumer confidence is in the tank at home, and bush blames the economy on the fact that “they’ve built too many houses.” Bush has to realize that while he was concentrating on beating the war drums abroad, the American economy was slipping into a coma, and needed to be fixed a few years ago, not 6 months from now!

read more about the napping economy here.

Tags: Bush Administration //