Am I wrong dude?

I hear a lot of Bush-Bashing on the Economy. In my view, that should be one of his strongest points to hit while on the campaign trail. I have no doubt that worldwide terrorism is the marquess issue of our time, but it's juvenile to think that this economy is weak. Take it from an underemployed finance major, I don't blame George W. Bush for that.

The sad reality is that the "Clinton" Economy was fake. Inflated corporate stock price, profits, over hiring... the list goes on. People were making more money than ever, and a lot of them didn't deserve it. So those people were laid off, companies bankrupted, and the bubble burst. If Amazon.com learned anything, it's that you can't have a high stock value with no profits.

If I've learned anything about economics, it's that growth needs to be steady and sustainable. I'm sure after you look at that you see the headline "Profits are flat." Let me remind you that it was still positive, it was still growth, and it's one quarter out of 14 consecutive where we've had solid growth. Think about it, people just didn't spend that quarter, is that W's fault? Also, you need to look at the big picture. If Democrats claim to be the party of the people, why do they only care about a few people who mostly decide not to contribute to society? The big picture....

Oh.. so you're upset about job creation. Well, here's lesson number 2 from the Patrick Riordan School of Business and Economics. Businesses Presidents hire people, US President don't. Job Creation is a buzz word used to appeal to the lowest common demoninator. The one where the people think they are screwed because MonsterdotcomGeorgeWBush isn't finding them a job. Bush did his part for capitalism: lowed taxes across the board to free up money for the Richest 1% could hire more people. If Bush hired more people, taxes would go up, because it would be a government job thus the government spending even more money.

Pretty simple stuff. Bush Economy: good. Steady Growth. Sustainable Growth. Natural Job Creation. I think it was the only mistake made in the Republican Convention.