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Thursday, November 01, 2007

Bush and the GOP on economics

Bush can conveniently blast the Democrats for spending but nobody can deliver destruction to the economy the way Bush can do it. Some of his greatest hits include:

- Largest decline in housing prices since 1991.
- Crumbling US dollar, weakest showing against leading five currencies since early 1970s. This includes 37 year low against Canadian dollar. Against the UK pound, it's over $2 to buy only one.
- Skyrocketing and "out of control" oil prices, record highs at the pump.
- Billions of US taxpayer dollars lost, missing, and who knows what from Iraq. Costs for war to drag out for decades.
- Record high budget deficit, compounded by GOP spending boondoggles.
I think some people need to step back and look at the devastation triggered by complete GOP rule in our government and think about where we go from here. For decades Republicans (much like Bush yesterday) talked a big game, telling anyone who would listen that they were the financially responsible party but the results say something else. Their rule is setting new records, none of which are good for the country, yet some of them still have the audacity to blame the Democrats. Sorry folks, but check again.

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