Tuesday, December 06, 2005

Presidential ratings


An interesting bit of info from my wife. After listening to me rant about how low can W's approval rating go, she looked up past presidential ratings:

Per CNN, W Bush's current approval rating is 37%. While this is low, it certainly isn't the lowest in the last 50 years. See below.

http://www.theamericanpresidency.us/approval.htm




Carter got down to 21%
Nixon got down to 29%
Bush 1 got down to 32%

But W. will probably go down in history as having the steepest drop- after 9/11 he was above 90% and he is down to and DROPPING at 34% - and we still have 2.5 years to go.

What a Grand economy we have going

Our Great Leader keeps going on Radio & TV and touting what a wonderful economy we have, and wonders why nobody seems to be happy. Unlike the Clinton years when everyones wages were rising, we have this sort of economy now:

December 6, 2005 - NY Times
Productivity Rise Is Fastest in Two Years
By VIKAS BAJAJ
Productivity rose at its fastest pace in two years in the third quarter, far more quickly than earlier predicted, as output rose and labor costs fell, the government reported today.


The report eased some economists' fears of rising inflation.
As a measure of how much the economy produced per hour of work, business productivity rose 4.7 percent outside the farming sector from July to September, compared with an earlier reading of 4.1 percent, the Labor Department reported. Real hourly compensation, which adjusts wages and other benefits for inflation, fell 1.4 percent, unchanged from previous estimates.


This coupled with the fact that corporate profits are up by over 50% this year, yet wages and benefits are on a steady decline, and you have the whole picture. None of George Bush's friends are suffering, they all live on capital and corporate profits. Things are great for his buddies. The rest of us who live on wages? The hell with us- work more, get less.

As the infamous Yakov Smirnoff says on the billboard coming into Branson, MO - "What a Country!"