George Bush vs Ben Bernanke
Posted by livininsanity on July 17, 2008
On July 15th, 2008, George Bush and Federal Reserve Chairman Ben Bernanke each held separate press conferences, of a sort.
On the Economy:
Bush: “Basically sound.”
Bernanke: “The economy continues to face numerous difficulties.”
Bush: “Our economy has continued growing.”
Bernanke: “Rapid increases in the price of energy and other commodities.”
Bush: “Consumers are spending, businesses are investing.”
Bernanke: “Economic activity has advanced at a sluggish pace.”
Bush: “American productivity remains strong.”
Bernanke: “Ongoing strains in financial markets, declining house prices, a softening labor market.”
Bush: “You’re protected by the federal government.”
Bernanke: “Have boosted inflation.”
Bush spent much of his time lambasting Congress. Yes, I lambast them too, for giving Bush any power in the first place. And the people, for voting him into office.
P.S. Gasoline was $1.48 a gallon when President George Bush took office in 2001.
Sarah said
so that just completely depressed me. i have to pay 4.50 in my neighborhood for gas. and my fiance is so pro-bush i want to hit him.
livininsanity said
Unfortunately, the news can be quite depressing these days. On the fiance front, my only recommendation would be to get a new fiance. Or, you could hit him – maybe that would knock some sense into him.