Bush Boom? Republicans have been predicting a bush boom every quarter since mid 2002. They run around and say we will have 300,000 new jobs next month and GDP will increase at a 8% annual rate ... it's funny to think of dissapearing dick running around. Can't you see Cheney running around screaming about job gains. Republicans should scream more, a good scream can do a body good.
Seriously, you need Deadlock if you want a boom, because deadlock = stability , stability = big spending . I personally won't invest a cent of my pitiful life savings into stock markets, or go on a spending spree unless we have some deadlock in Washington. '94 to '99 was pure Gingrich on Clinton deadlock it was a beautiful time for the economy. Obviously this rule is not a cardinal one or anything, but on the whole in a pro-business climate like we have now deadlock is a beautiful thing.
So yes there will be a "bush boom" if Kerry is elected but that's because he won't be able do more than cosmetic changes to anything. If Bush is reelected and the senate and House become prohibitively Republican we won't have deadlock and the economy will not reach its full potential.
2004 is going to have 4-5% growth, and 2005-2008 will have at least 3.5% and above. Its all just part of the normal economic cycle in our highly productive capitalist economy. As for Job Growth that happens late in the cycle, just like it did in the 1990's (only more so due to productivity growth) - the unemployment rate will not change much in 04,05, and 06, but will get very low in 07 and 08.
If Bush is elected its all on track, if Kerry is elected only one thing could mess it up - if he manages to increase taxes. I suspect he could by vetoing a Republican attempt to make the Bush Tax Cuts permanent. But even if he does such a horrible thing, 2004-2008 are still good growth years, possibly just a little less than under Bush.
