Debate Prediction: Bush will LIE
/Economy
QUOTE: "Another priority for a new term is to build an ownership society, because ownership brings security, and dignity, and independence."
- FACT: The "ownership society" transfers risk and
responsibility away from the government and onto the shoulders of
American families. To pay for the Bush tax cuts, the programs Americans
have relied upon to buffer them from economic turmoil have been slashed
or killed: "stable jobs, widely available health coverage, guaranteed
pensions, short unemployment spells, long-lasting unemployment benefits
and well-funded job programs" have all been under siege or vanished. [LA Times, 10/10/04]
- FACT: In the mid-1970s, jobless workers could
collect 15 months of unemployment. By last December, Congress pared the
program back to just six months. What this means: "Of the 8 million
people who were unemployed last month, only 2.9 million were collecting
benefits." [LA Times, 10/10/04
]
- FACT: "American businesses file four times as many
lawsuits as do individuals represented by trial attorneys, and they are
penalized by judges much more often for pursuing frivolous litigation."
[Public Citizen, 10/6/04
]
- FACT: During Vice President Cheney's five-year
tenure as CEO, "Halliburton was involved in 151 court claims it filed
in 15 states around the nation. On average, Halliburton petitioned
America's legal system 30 times per year while Cheney was CEO." [Halliburton Watch, 9/15/04]
QUOTE: "I believe it is the job of a President to confront problems, not pass them on to future Presidents and future generations...we've got to be wise about how we spend your money in Washington."
- FACT: President Bush is expected to sign a
"sprawling corporate tax bill" which will "shower corporations and
farmers in politically sensitive states with about $145 billion worth"
of subsidies and new tax cuts. The bill "rewards just about every
special interest that retains a lobbyist in Washington." [NY Times, 10/7/04
; LA Times, 10/12/04
; Washington Post, 10/12/04]
- FACT: Bush has turned a $5.6 surplus into $5.2
trillion deficit: a fiscal decline of $10.8 trillion in just three
years. The turnaround represents the worst fiscal deterioration in at
least the last half century. [Center on Budget and Policy Priorities, 1/28/04
; govexec.com, 1/29/04; CAP, 10/4/04
]
- FACT: The deficit could reach $3.5 trillion in the next decade if tax cuts are made permanent. [Washington Post, 1/26/04]
Jobs
QUOTE: "Over the past year, America has added 1.7 million jobs."
- FACT: The economy has shed 900,000 jobs since
March 2001, assuring Bush he will end his four-year term with the worst
jobs record since Herbert Hoover. Census Bureau data shows 35.8 million
Americans lived in poverty last year, a 1.3 million increase from 2002.
[Jobwatch, 8/31/04; AP, 9/27/04
]
- FACT: All told, Bush currently presides over the
weakest "recovery" in 72 years, in terms of job growth. Additionally,
wages are stagnating, personal bankruptcies are up 33 percent since
2000, and consumer confidence is plummeting. [USA Today, 8/27/04
; NYT, 8/28/04
; AP, 8/31/04
]
QUOTE: "That's why it's essential we keep working on No Child Left Behind, to make sure every child has got the skills necessary to read and write and add and subtract."
- FACT: "This year alone, the Bush administration shortchanges American schools $9.4 billion under No Child Left Behind." [New York Times, 3/14/04]
- FACT: "Eleven states will get less federal money for poor students next school year." [USA Today, 4/6/04
]
QUOTE: "Tax relief left more money in the hands of American workers so they could save, spend, invest, and help drive this economy forward."
- FACT: One-third of President Bush's tax cuts have
gone to the wealthiest 1 percent of Americans, shifting more of the tax
burden from America's rich to middle-class families. [Reuters, 8/13/04
]
- FACT: The "death" or estate tax affects only about
2 percent of America's estates, mostly multimillionaires. Its repeal
would benefit most of President Bush's cabinet, however. [CNN, 1/8/03
;Guardian, 2/27/0
1]
- Full list [more
]