Anthrax said:
Do you think the US economy is declining and its economic power is weakening ?
Looks like the era of uncontested leadership is behind us ....
The huge budget surplus that Clinton left also belong to the past
Dude are you serious?
LOL.
Answering the question, Hell No!!
That budget surplus from Clinton is because he did nothing for the future of America. And the proof is the economic recession he gave us. Democrat governments live from the moment; from people's taxes and private companies taxes. But in order to have those big companies generating jobs and paying taxes you have to create the conditions. Those conditions were created under Bush father's administration. The same happens now. After the big recession from clinton administration, the worst terrorist attacks in U.S. history and a complete change in homeland security and handling two wars, President Bush already fixed the economy. Now we are stronger than ever with a sustained growth. And let me prove it with this:
(most of these reports from communist news networks)
" News > Jobs & Economy
GDP growth faster than thought
Robust consumer spending on cars, furniture and food helps power economy in latest quarter.
November 30, 2004: 8:41 AM EST
WASHINGTON (Reuters) - Robust consumer spending on cars, furniture and food helped power U.S. economic growth forward in the third quarter at a faster pace than previously thought, the government said Tuesday, while underlying inflation was the tamest in decades. "
http://money.cnn.com/2004/11/30/news/economy/gdp.reut/
"U.S. economic growth revised upwards
Gross domestic product expanded at 3.9% rate in 3rd quarterThe Associated Press
Updated: 9:31 a.m. ET Nov. 30, 2004WASHINGTON - The economy — helped out by more brisk consumer and business spending — grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought."
http://www.msnbc.msn.com/id/6618319/
"U.S. economic growth sizzles
Third-quarter growth of 7.2 percent is strongest in nearly two decades; will job growth follow?
October 30, 2003: 5:47 PM EST
By Mark Gongloff, CNN/Money Staff Writer
NEW YORK (CNN/Money) - U.S. economic growth surged in the third quarter at the fastest pace in nearly two decades, the government said Thursday, but even President Bush admitted that was unlikely to be sustained. "
http://money.cnn.com/2003/10/30/news/economy/gdp/?cnn=yes
Also watch these economic indicators from the WHite House:
http://www.whitehouse.gov/fsbr/output.html
Now the people maybe say "and why there are not that much jobs"? We'll start seeing that strenght in 2005 and 2006. And I'm glad Euro is a lot more expensive than dollar. That give us a lot of benefits. For europeans an American product is cheaper. That means more American production, more exports to Europe and European investments in America to create those products.
So don't believe in what you hear from cheap reporters. And don't believ what democrats say about their governments. And the proof for that is clinton government. What you do with a surplus if you have an economic recession. Following democrat policies, eventually you'll have to spend that surplus trying to stabilize the economy. And believe me. Democrats KNOW THIS. But of course they take adavntage from ignorance in the people because they use sensationalism to get votes and live from the moment as OPPORTUNISTS.