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Haru said:
whether you vote republican or not is not the main thrust of my post. it is whether you consider bush fiscal policy sound and if so why.
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I consider Bush's fiscal policy sound.
After the collapse of the tech industry, the arline industry, enron, and the dot com bubble bursting, 9/11, the effect on the country was a
mild recession. Believe it or not, the economy is strong now and is still getting stronger.
Oil prices are down, now that we've realized there is more supply than was previously thought. They're down so much in fact that OPEC is reducing production to drive costs back up toward $50/bbl... The stock markets are back up, the dollar is re-gaining strength, consumer confidence is high, unemployment is improving, even the amount of trash we produce is increasing per capita, which suggests that consumers are buying (and thus disposing of) more stuff.
Bush's fiscal policy is sound. If there is a sluggish economy reduce interest rates and encourage consumer spending by lowering taxes.
All the worry-wart dems who cried over the economy 6 mos ago have considerably less wind in their sails now.