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      02-01-2007, 05:42 PM   #97
ganeil
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Quote:
Originally Posted by dr325i View Post
WOW, and you call me IRRATIONAL...

1) APPROVALS
It has a lot to do with Iraq, but his approval rating is low in EVERY category -- economy, every day life, Iraq...everything. Actually, only Nixon has hit lower in last 50 years of any president. Even (impeached) Clinton has never dipped below 37%!
January 17, 2007
Public's Perceptions About Iraq Keeping Down Bush's Job Approval Rating
Bush approval remains in mid-30s, despite improved economic ratings


by Lydia Saad

GALLUP NEWS SERVICE

PRINCETON, NJ -- President George W. Bush's latest job approval rating from the American people remains about where it stood a week earlier -- notable because it means his recent televised national address about Iraq did nothing to repair his public image. Bush's approval rating for his handling of Iraq, specifically, is even lower, something that appears to be preventing Bush from getting a broader benefit from the fact that Americans have grown a bit more favorable about his handling of the economy, and about economic conditions more generally...
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2) MILITARY TACTICS
OK, you will forget again another important thing -- Bush was saying -- "Stay the course", do not change anything until he lost the Senate and House. Only then, he desided to change his approach. And people were unhappy with Iraq for months before that.
If by "Stay the Course" you mean we have an objective and we will stay and fight until we are successful, then I do not believe the President has abandoned it at all. If by "Stay the Course" you are referring to changing strategies on how to attain the objective then he has brought in a new team that has different ideas. I consider that a strength in a leader, not a weakness. If there is a weakness to be seen here, it is the amount of time it took to make the change. Of course there may well have been reasons other than US elections for the timing of the change like getting Prime Minister Maliki to agree but I would not be shocked to learn that politics played a role.

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3) IRAQ VIOLENCE
Last year???? What are you talking about??? THere was violence in Iraq since the Dummie landed on the carrier in 2003...
There has been violence in Iraq for at least the past 20 years but I was referring to the change in focus that bombing of the al-Askari Mosque in Samarra inaugurated last year. Prior to this the violence was largely focused on US and Iraqi security forces. The al-Askari bombing was the catalyst for the sectarian violence that has wracked Baghdad for the past year. It is not US casualties that have have markedly increased in the past year (the monthly average for the year is about the same as the previous year), it is the level of violence in Baghdad that has. Since the reporters in Iraq are in Baghdad, this increased violence has been what Americans have seen and grown weary of.

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4) ECONOMY
You look at the numbers. Inflation is calculated using many, many pointers, most of which do not apply to the regular person. What I care about is the cost of living -- milk, bread, food, gas, electricity, property taxes, medical insurance, car/property insurance... Those are the only indicators of inflation for a regular (middle class) person. Everything on my list above has gone much, much more than 3.5% up, and the salaries definitely did not follow closely. Therefore, do not be fooled by the numbers
I guess you are right, the things the CPI measures have no relation to real people.
The CPI represents all goods and services purchased for consumption by the reference population (U or W) BLS has classified all expenditure items into more than 200 categories, arranged into eight major groups. Major groups and examples of categories in each are as follows:

* FOOD AND BEVERAGES (breakfast cereal, milk, coffee, chicken, wine, service meals and snacks)
* HOUSING (rent of primary residence, owners' equivalent rent, fuel oil, bedroom furniture)
* APPAREL (men's shirts and sweaters, women's dresses, jewelry)
* TRANSPORTATION (new vehicles, airline fares, gasoline, motor vehicle insurance)
* MEDICAL CARE (prescription drugs and medical supplies, physicians' services, eyeglasses and eye care, hospital services)
* RECREATION (televisions, pets and pet products, sports equipment, admissions);
* EDUCATION AND COMMUNICATION (college tuition, postage, telephone services, computer software and accessories);
* OTHER GOODS AND SERVICES (tobacco and smoking products, haircuts and other personal services, funeral expenses).

Also included within these major groups are various government-charged user fees, such as water and sewerage charges, auto registration fees, and vehicle tolls. In addition, the CPI includes taxes (such as sales and excise taxes) that are directly associated with the prices of specific goods and services.
I mean who eats, drives, goes to the doctor, or gets a haircut?

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Unemployment -- again, you're looking at the data wrong. If I am an engineer and could not find job in my area, I had to start working in a local grocery store or so, therefore -- I am working to survive. Bush logs that as employed, but that is very different
Maybe you are just not a good engineer and stocking grocery shelves is more your speed. To suggest that the government should measure employment by whether or not a person is working in the field he would like to is a bit bizarre. Think of the level of "unemployment" NYC and So California would have if all those actors waiting tables were counted as unemployed.

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Stock markets -- are at their highest, but as I mentioned many times -- look at the lows of the majors -- MSFT, INTC, IBM, TXN, ADI, GE...they did not gain 100% from the lows as did Dow and NASDAQ. THe economy artificially looks good -- it is not. I work for one of those majors and last 2 quarters we're on hiring freeze, and restricted travel, etc...but our numbers look great on paper...
The markets are not good because some blue chips are not where you think they should be??? Companies exist to make money for their shareholders. If it takes hiring freezes and travel restrictions to make that money, so be it. You cannot realistically judge the state of a $13 trillion economy on your personal experience.

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Interest Rates -- low rates do not indicate good economy (see rates 4 years ago). We will see what will happen soon when the ARM and Interest Only terms expire...
Low rates are better than high rates.

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Wages -- are up slightly! The actual income FELL by 3.4% from 2000 to 2003. Now, we're trying to catch up (http://www.epinet.org/content.cfm/bp154). Average Tech salary increase for the year is ~3%, where there was no inclrease or was a drop 3 years ago.
Do you mean to say that wages fell during a recession? I am shocked that such a thing would happen. Has anything like that occurred before?

Again, you can't judge a $13 trillion economy on whether or not you and your friends got a good raise.
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