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- Real facts Dave...
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Nationally, Businesses Have Lost 2.6 Million Jobs Lost; Unemployment Rate Up 36 Percent. The
national unemployment rate in March 2004 was 5.7 percent, up from 4.2 percent when Bush took office in
January 2001 ? a 36 percent increase. Nationally, the economy has lost 2.6 million private sector jobs
under Bush. Over 2 million Americans have also seen their federal extended unemployment benefits
expire due to Bush and the Republican Congress?s failure to extend them: 1 million in December 2002
and another 1.1. million since January 2004. [Bureau of Labor Statistics, http://www.bls.gov; AP, 1/9/03; CBPP,
3/25/04, www.cbpp.org]
Nationally, 3.5 Million More Americans Have Fallen Into Poverty Under Bush. In 2002, the number
of Americans living in poverty increased to 34.6 million?12.1 percent. Three-and-a-half million more
Americans live in poverty under Bush. For 2002, a family with two parents and two children lives at the
poverty threshold if their total household income is below $18,244. [Census Bureau, Poverty in the United States:
2002, Table 4, http://www.census.gov/hhes/www/poverty.html]
Consumer Debt and Bankruptcies At All-Time High. In January 2004, reports indicated that
?Consumer debt, which includes auto loans and credit cards but excludes mortgages, rose to a record
$1.99 trillion in November, the Federal Reserve reported yesterday. That's roughly $18,249 per U.S.
household. Holiday spending certainly raised that number still higher.? [Baltimore Sun, 1/9/04]
Bush Squandered $10.6 Trillion In Three Years. President Bush inherited a ten-year government
surplus of $5.6 trillion in January 2001. Today, the Center for Budget and Policy Priorities projects a tenyear
deficit of $5.2 trillion ? a $10.6 trillion deterioration since Bush took office. The 2004 deficit alone is
projected to be a record $477 billion. Bush?s tax cuts are the largest single reason for the deterioration in
the surplus since January 2001. In the ten-year period from 2002-2011, 36 percent of the projected
deficits are due to the enacted and expected Bush tax cuts, whereas only 20 percent is due to the war on
terrorism, Iraq, and homeland security. The CBO has projected deficits ?as far as the eye can see.? [CBO,
2/27/04, 8/03; OMB Mid-Session Review, 7.15/03; CBPP, 2/1/04; Los Angeles Times, 8/29/03]
Bush?s New Budget Freezes Impact Aid Funding After Repeatedly Trying to Cut Education Funds
For Children In Military Families. Despite a campaign promise to fulfill ?a special obligation? to
military families and ?rebuild the schools that educate their children,? Bush?s new budget flatlines Impact
Aid Basic Support Grants to schools serving military children. Bush?s 2004 budget cut $200 million from
Impact Aid and his 2003 budget tried the program by $3 million. [New York Times, 8/22/00; Department of
Education, www.ed.gov; House Appropriations Committee, Minority Staff, 6/17/03, 6/16/03; Omaha World Herald, 2/5/02;
State News Service, 2/4/02]
Bush?s Policies Angering Veterans. VFW Commander-in-Chief Edward Banas called the funding
package a ?disgrace,? a ?sham,? ?inexcusable,? and ?deplorable.? In a release entitled, ?Another Year,
Another Inadequate Budget Request for Veterans? Health Care,? PVA called Bush?s budget ?grossly
inadequate.? The Disabled American Veterans said ?the Bush Administration has broken faith with the
nation?s sick and disabled veterans? with its budget proposal. And AMVETS National Commander John
Sisler said of Bush?s proposal: ?To say we are extremely disappointed with it is an understatement.? [DAV
Release, 2/4/04; AMVETS Release, 2/3/04; PVA Release, 2/3/04; CQ, 2/2/04; VFW Release, 2/2/04, emphasis added]
Well Dave do you need more? (There's WAY too much to post here)
Also, can you back up your statements or are you just quoteing the RNC site ? (You are I checked!) - Posted by: bchesmer Posted on: 07/06/04 You are currently: a Guest | Members login | Terms of Use
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