[Rev. M. Rodimer]

A false Republican has come out to publicly announce that President George W. Bush's tenure was the worst in history for US manufacturing, and that decline in American manufacturing was the result of policies started by "stupid" Ronald Reagan!

Haley, a professor of marketing and international business at the University of New Haven and founding director of the university's Center for International Industry Competiveness, goes as far as saying that "U.S. government policy in recent decades has actually had an outright negative effect on U.S. manufacturing." Haley traces the roots of such policy back to President Ronald Reagan's assertion that the United States is a "post-industrial society."

"That's the stupidest statement any president has made in history," Haley says.




George Haley -- "There’s nothing in economics that says that a high-cost labor market cannot compete."


Haley calls the tenure of President George W. Bush "probably the worst time in history for U.S. manufacturing." One of Bush's most destructive policies, Haley asserts, was his administration's focus on maintaining a high currency value for the U.S. dollar. Haley is adamant that the United States needs to have its "currency valuation based upon our trade deficit with the rest of the world -- and our trade deficit indicates our currency is overvalued."