...The Republican Administration's Seven-Year Slide



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Topic: Politics > Politics-Economics
User: "Harry Hope"
Date: 28 Jan 2008 11:41:24 AM
Object: ...The Republican Administration's Seven-Year Slide
From The Washington Post, 1/28/08:
http://www.washingtonpost.com/wp-dyn/content/article/2008/01/27/AR2008012701615.html?nav=rss_opinion/columns
The Seven-Year Slide

By Rahm Emanuel
Monday, January 28, 2008; Page A21
At the dawn of the 21st century, conventional wisdom was that America
held unmatched cultural, economic and military power.
George F. Will wrote:
"It is good to be alive in America at the end of the first (but not
the last) American century."
In late 1999, Charles Krauthammer wrote:
"No other nation has exercised such military, economic, diplomatic and
cultural reach since Rome. . . . America bestrides the world like a
colossus."
Boy, have times changed.
As 2007 drew to a close, a Newsweek International cover featured the
image of a bruised Uncle Sam slumped in a boxing ring, under the
headline:
"Can America Get Back on Top?"
So what happened?
How did we go from dominant military, economic and cultural superpower
to battered fighter in the corner?
As President Bush prepares to deliver his final State of the Union
address today, it's fair to judge his tenure by assessing the country
he inherited and the country he will leave behind.
By any examination, the Bush administration has weakened the nation:
George W. Bush inherited a country with a $236 billion surplus.
He engaged in seven years of deficit spending that will leave America
with more than $3.5 trillion in new debt.
Bush inherited a middle class whose incomes increased more than $6,000
between 1993 and 2001.
Median household incomes have dropped over $1,000 since he took
office.
During his presidency, health-care premiums have doubled, from about
$6,000 to $12,000 per family.
Bush inherited a military that had all active-duty Army divisions
rated at the highest readiness levels and that was capable of fighting
a two-front war.
He will leave behind a military facing the worst readiness crisis in a
generation, with not a single active-duty or reserve brigade "fully
combat ready."
Bush inherited a nation that was respected on the international stage;
he will leave behind one reviled by many around the world.
A Pew poll of 10 nations found that in 2001, 58 percent of respondents
viewed America favorably; today, that number is 39 percent.
The optimistic predictions of the late 20th century have disappeared.
Now Americans and the world are wondering if we can get back on top.
__________________________________________________
Not if a new Republican crime family is voted back in.
Harry
.


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