2004 Democratic Primary (user search)
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Author Topic: 2004 Democratic Primary  (Read 441377 times)
ATFFL
Junior Chimp
*****
Posts: 5,754
« on: June 17, 2004, 01:42:17 PM »


And on the flip side of the Bush economic coin since taking office......

Real income declined 1.5%
Record number of personal bankruptcies 2002 - 2003.
Record number of children fell below poverty level.
Record number of Americans without health insurance....44 million.
Costs for higher education up 28%.
Costs for prescription drugs average up 14% a year 2001 - 2003.

and the one that gets me.......
record $515 billion deficit in 2003 ( on top of the $420 billion the year before , and the $218 billion the year before that.......)

Oh....but thats right.....that top 2% of income earners (Bush's donor base) needed their taxes cut.

Pathetic.....  

Sources on all your info?

And don't give me raw numbers, raw numbers are always deceptive.  There are mroe Americans today than at any point in history.  Give me percentages.

AS for some of your points:

Cost of higher education has been skyrocketing since the 80s, and continued to do so under Clinton in the 90s.

http://edworkforce.house.gov/issues/108th/education/highereducation/factsheetcost101003.htm

The RIch get richer?  Not quite.  Look at the share of wealth in the top 5% of the US.  Is it rising?  No, it is dropping.  The top 5% has lost ground in terms of total share of wealth.

http://www.census.gov/prod/2003pubs/p60-221.pdf

So the loss in real income over the past few years has disproportionately effected the top 5%.
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ATFFL
Junior Chimp
*****
Posts: 5,754
« Reply #1 on: June 17, 2004, 08:14:45 PM »


http://www.epinet.org/content.cfm/webfeatures_econindicators_income  -  Falling Income
http://www.bizjournals.com/sanfrancisco/stories/2003/02/24/daily43.html  -  Bankruptcies
http://www.nccp.org/pub_cpf04.html  -  Children
http://www.wsws.org/articles/2003/sep2003/pov-s13.shtml  -  Children
http://www.ama-assn.org/ama/pub/article/1617-8064.html  -  Uninsured
http://www.kltprc.net/emergingissues/Chpt_167.htm  Higher Education
http://articles.findarticles.com/p/articles/mi_m0NKV/is_3_4/ai_98626335  -  Prescrption Drugs

Two caveots: my numbers on falling income of 1.5% and higher education costs under Bush at 28% were quotes from a Senior Fellow of the Brooking Intitute during a CSPAN segment. As you will see in both listed sources above under those categories, they state falling income of 3.3% for years of 2001 and 2002. 1.5% is an average over Bush's term. You will also see under the source for higher education that in the school year 2003 to 2004, cost increases were 14% for that year alone, hence I'm sure his quote of 28% is probably on the mark for total increases during Bush's term.



Bankruptcies: They are predicting a 7% inclrease, one which did not follwo through.  Increase for the next 12 months was only 2.8%

http://www.msnbc.msn.com/id/5033402/

Children in poverty:  First, lets throw out the insanely biased socialist site, and go with your other source.  No where does it say this number is a record, and I again point out that raw numebrs are not as meaningful as percents for comparison.  The trend also began in 2000,  not under Bush's watch.

Higher Education:  As I said before, the college costs have been rising since teh 80s and has not stopped.  This is a problem much older than Bush.  Bush and the Rep house are looking to control it too.

Drug costs:  Same as education cost, a longer term probelm than Bush.

Falling real income: No dispute, just want to say I far more often hear 1.1% than 1.5%.  What do you expect in a recession?
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