Answer: "It was very unusual"--Neil Bush, president brother

This morning I heard president Bush delivering a speech and cheering the economic good news of a quarterly growth of 8.2% of the gross domestic product in the 3rd quarter of the year, the highest quarterly growth in the last 20 years.

Wouldn't you think that after an economic slump we would experience an eventual recovery? Wouldn't you think that the rate of economic recovery would be higher after a deeper economic slump? Wouldn't you think that Bush's mortgaging of a federal deficit of $5.0 trillion over the next ten years would have a marginal positive effect in the short term, just in time for the next presidential election?

I remember when I was looking at the statistical numbers provided by former Saskatchewan Minister of Economic Development Janice MacKinnon and I realized how she was turning all these statistical numbers upside down to show how great the Saskatchewan economy was performing. At that time, Janice MacKinnon was cheering the recurring economic good news that the unemployment rate was among the lowest across Canada. Now, would this economic good news be really good if one realises that the Saskatchewan labour force had been shrinking and moving to other provinces?

What is needed today is to provide a proper context of our economic good news, and president Bush's good news is not really good news, they are hypocritical good news.

This economic and social world is full of hypocrisies, hypocrisies delivered by the few and privileged of this Free Market. As I think how Neil Bush, the president brother, has been enlarging his business interests in Asia so I think to the extent of how unequal this world has become.

This American Capitalism is reflecting a decadent democracy and it must be changed. I am confident that the surfacing of more and more corrupt events of the Free Market will accelerate the move to an alternate form of capitalism with a social soul. Let us hope.

References

Pertinent articles published in Ensign

Franks, Jeff Bush brother's divorce reveals sex romps Wednesday, November 26, 2003 Reuters, http://edition.cnn.com/2003/ALLPOLITICS/11/25/bush.brother.reut/index.html

CNN Money U.S. economic growth revised up GDP grew at a blistering 8.2 percent pace in the third quarter, faster than originally thought. (PDF) November 25, 2003 CNN Money 

The Concord Coalition THE REAL DEFICIT OUTLOOK October 1, 2003 http://www.concordcoalition.org/facing_facts/alert_v9_n6.html

deSantis, Mario Don't trust statistics, don't trust Honourable MacKinnon, trust yourself February 11, 2000 Ensign

Casey, Rick [Neil Bush:] Sex, lies and computer chips November 21, 2003 Houston Chronicle, http://www.chron.com/cs/CDA/ssistory.mpl/metropolitan/2241139

Berkowitz, Bill Operation Neil Bush's Freedom: Kyboshing book will keep Bush family secrets buried May 7, 2003 WorkingForChange, http://www.workingforchange.com/article.cfm?ItemID=14951

CBS News Neil Bush's Divorce In Spotlight (PDF) July 15, 2003 http://www.cbsnews.com/stories/2003/07/15/earlyshow/living/parenting/main563285.shtml