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It's Still the Economy, Stupid : George W. Bush, The GOP's CEO
 
 
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It's Still the Economy, Stupid : George W. Bush, The GOP's CEO [Paperback]

Paul Begala (Author)
3.7 out of 5 stars  See all reviews (62 customer reviews)

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Book Description

October 29, 2002
When he took office in 2001, George W. Bush inherited the strongest economy in American history. He inherited the largest federal budget surplus in American history -- and the prospect of paying off the entire national debt in just eight years. He inherited a strong dollar and sound fiscal policy. He inherited a nation whose economy was so strong that commentators who just a decade before were predicting American decline were now complaining about American dominance.

And yet, Dubya blew it. Squandered everything he'd inherited from President Clinton.

We thought if Junior was good at anything, it was inheriting things.

It's Still the Economy, Stupid is the story of how America's CEO -- our first MBA president -- has trashed our economy. It shows:

• How he wasted the surplus on massive tax cuts for the hyper-rich.

• How he talked down the economy for his short-term political gain, then passed an economic program that has put 1.8 million Americans out of work and cost investors $4.4 trillion.

• How he abandoned his free-trade rhetoric to adopt protectionist tariffs, effectively raising taxes on consumers.

• How he walked away from needed investments in education, training, and all the things that make us smarter, safer, and stronger economically.

• How he plans to go on from here to cripple Social Security and to allow the privileged to avoid even more taxes.

It makes you wonder: What do they teach you at Harvard Business School?


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Editorial Reviews

Review

James Carviile Armed with facts, stats, and logic, Paul Begala indicts Bush-onomics. I recommend this book to everyone with a brain. And Republicans too.

Tom Daschle Majority Leader, United States Senate Paul Begala is one Texan who really understands the economy. It's Still the Economy, Stupid is a good read that makes great sense.

About the Author

Paul Begala was a chief strategist for the 1992 Clinton-Gore campaign, which carried thirty-three states and made Bill Clinton the first Democrat to win the White House in sixteen years. He served as counselor to the president in the Clinton White House, where he coordinated policy, politics, and communications. He is the author of four books, including Is Our Children Learning?: The Case Against George W. Bush; It's Still the Economy, Stupid; and Buck Up, Suck Up...and Come Back When You Foul Up (with James Carville). Begala is a CNN political commentator and a research professor of public policy at Georgetown University's Public Policy Institute. Paul earned both his undergraduate and law degrees from the University of Texas, where he was student body president. He and his wife live quietly in Virginia with their four boys and a German shepherd. (Okay, so they don't live too quietly.)

Product Details

  • Paperback: 197 pages
  • Publisher: Simon & Schuster; Original edition (October 29, 2002)
  • Language: English
  • ISBN-10: 0743246470
  • ISBN-13: 978-0743246477
  • Product Dimensions: 8.4 x 5.5 x 0.6 inches
  • Shipping Weight: 9.1 ounces (View shipping rates and policies)
  • Average Customer Review: 3.7 out of 5 stars  See all reviews (62 customer reviews)
  • Amazon Best Sellers Rank: #2,071,601 in Books (See Top 100 in Books)

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Customer Reviews

62 Reviews
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Average Customer Review
3.7 out of 5 stars (62 customer reviews)
 
 
 
 
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92 of 104 people found the following review helpful:
4.0 out of 5 stars Well-Written New Democrat Propaganda, May 12, 2003
By 
This review is from: It's Still the Economy, Stupid : George W. Bush, The GOP's CEO (Paperback)
Crossfire Commentator and former Clinton Adviser Paul Begala's book "It's Still the Economy Stupid" is an excellent examination of what is wrong and will continue to be wrong with the Bush Administration's economic policies. It is well-written, has a cutting sense of humor, and its assertions are well-supported by hard evidence. However, don't let any of that fool you: Begala has an agenda, and this book IS propaganda.

I think it would be instructive for anyone who likes reading books like this to read some Republican and Democratic propaganda back to back. The differences really come out. As a general rule, the Dem propaganda very rarely tells direct lies or makes outrageous fabrications about anything. Instead, they simply OMIT the material that they would rather not deal with. Begala's book definetely fits that mold - if you read his book, you would think the 90s were peaches and cream for everyone in America. They were not. However, this does not change the plain fact that they were pretty good, and better than anything Republican policies would have resulted in. Furthermore, you would believe George Bush caused the current recession. He did not - however, he did make it worse and has done nothing to correct the true difficulties confronting the economy.

Dems also usually are easy to read and have a friendly sense of humor about what they are doing. Compare that to say, Ann Coulter. Her footnotes, if you bother to check them out, are a literal papertrail revealing just how much lying she has to do to make it look like there is a factual basis for anything coming out of her word processor. Furthermore, if the spirit of Dem propagana is humor, the spirit of Repub propaganda is hate.

The book is surprisingly light reading, given how full of hard facts it is. It is an excellent little bit of propaganda concerning Clinton's positive accomplishments and Bush's lack of them. Anyone who reads this book and walks away without serious questions regarding what Bush is doing to the wallets of 98 or 99% of all Americans is either stupid, blind to the facts, or has been listening to Ann Coulter and Rush Limbaugh for so long they have forgotten what facts actually look like.

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105 of 120 people found the following review helpful:
5.0 out of 5 stars Extremely well researched, December 2, 2002
This review is from: It's Still the Economy, Stupid : George W. Bush, The GOP's CEO (Paperback)
When George Bush took the oath of office under extremely controversial circumstances, I was prepared to give him a lot of slack. I think he handled the tragic events of 9/11 very well (although, seriously, wouldn't any president have acted the same way...even a Carter or Ford? I think so), but I haven't been impressed by anything he's done other than that. This book helped me understand why.

One of the reasons I respect Begala's work is because he documents his sources so well. Virtually every paragraph is footnoted to a credible (repeat...credible) media source (often a conservative one) or official U.S. government entity. I have checked out many of these sources myself...and they're accurate. That's what makes me appreciate Mr. Begala's book so much.

Apart from the accuracy of his information, it's a darn good read. Funny, angry and fast-moving. It's the straw that broke this reader's back in terms of no longer giving the Bush administration the benefit of the doubt. I now believe that everything that was said about Bush being a devious lightweight is frighteningly true. The one exception would be his flawless ability to say "yes" to any corporation who will line his party's pockets (the Democrats, to be sure, are not immune from this themselves, but I've never seen a president jettison the well-being of the population as a whole with such reckless abandon...and lie about it so often, as Begala painstakingly documents).

This is a book that needed to be written, yet I fear it only scratches the surface. I look forward to Mr. Begala's next book.

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54 of 62 people found the following review helpful:
4.0 out of 5 stars Let me correct the misinformed Republican below..., April 7, 2003
By A Customer
This review is from: It's Still the Economy, Stupid : George W. Bush, The GOP's CEO (Paperback)
This book is factual, with many footnotes to verify Begala's claims. Actually, footnotes aren't even necessary... everyone knows what Bush's policies have been, and what the results of his policies have done to the country. I don't think republicans can even debate it anymore these days; nevertheless, they try to debate it, using silly arguments that don't hold water. Take the last reviewer here to give this book a negative review, for example. Let's look at his defense of Bush and condemnation of Clinton, and correct a few things....

"It's a stupid book, stupid... nothing more than the usual Democratic demogagory."
Sorry, no. It's a SMART book, one full of FACTS whether you're a Dem or a Repug. I suppose this reviewer thinks he's smarter than the economists who support the claims in the book.

"The economy collapse [sic] while Clinton/Gore was in office. Clinton did nothing to stimulate the economy other than raise taxes on the middle class."
Definitely not true. Clinton did a lot to stimulate the economy, and never did he raise taxes on the middle class. Clinton raised the Earned Income Tax Credit, esentially giving the middle class a TAX CUT and stimulating the economy. Bush's "tax cut" benefits the wealthiest 1% of our country, but Clinton's methods benefitted those who needed it most. And Clinton had the only balanced budget in 30 years, and left office with a budget surplus! Then, to pay for his tax cuts, Bush squandered that surplus and put the government in debt again.

"And last of all, the economy of the 1990's was contributed by the success of Reaganomics of the late 1980's."
That's really grasping at straws. Republicans forced to admit that there was a strong economy in the 90s can't bring themselves to admitting Clinton had anything to do with it, so they say ludicrous things like this. By this argument, it took 5 or more years for the "benefits" of Reagonomics to take hold and steer this country into the black! I suppose this fellow would also blame the current hard times on the economic policies of Clinton; always attributing the current economy to the prior president (when it suits his needs). But if the economy were strong right now, would this same fellow say it was because of the policies of a president that held office 5 years ago? No, because that would give Clinton credit, and he can't have that! The current economy is the result of the current administration's policies, be it Clinton or Bush, strong economy or recession.

"Reagan proposed the largest tax cuts of the middle class and poor. This jolted the economy by giving spending power to the people."
This isn't true at all, but it's right-on-the-money if you substitute Reagan's name with Clinton's. By increasing the EITC, Clinton gave a "tax cut" to the demographic with the strongest buying power - the middle class. That jump-started the economy. And by balancing the budget for the first time in 30 years, Clinton caused interest rates to go down, which further boosted the economy. Even Dubya's daddy warned about the "quick fix" of enacting massive tax cuts that couldn't be paid for... but that didn't stop Dubya from squandering the budget surplus (and then some) on his "tax cuts" for the wealthy.

I don't think this Anonymous reviewer from Texas read the same book I did. It's all in there, with supporting footnotes from economists.

...

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Inside This Book (learn more)
First Sentence:
WHEN MY GRANDMA BEGALA TELLS MY KIDS STORIES ABOUT THE Great Depression-one in four working people unemployed, bread lines and soup lines stretching around the block, rich men jumping out of windows and poor men living on the streets-it is literally impossible for me to imagine just how bad things were. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
company political action committee, corporate special interests, stimulus plan, energy task force, economic team, accounting industry, energy derivatives, stimulus package
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Social Security, White House, President Clinton, Dick Cheney, President Bush, New York Times, Washington Post, Wall Street, United States, Paul O'Neill, Bill Clinton, Harken Energy, Arthur Andersen, Ken Lay, Keystone Kops, Phil Gramm, Bush Senior, Capitol Hill, Even Start, Harvey Pitt, New Source Review, Pell Grant, Ari Fleischer, Arthur Levitt, Congressional Budget Office
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