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Festivito

(13,629 posts)
23. That recession was Republican fakery.
Sun Jul 8, 2012, 07:05 PM
Jul 2012

Republicans immediately began changing the definition of a recession recalculating years back to 1929 with their new rules.

Clinton's last month was so good that they could not find a way to use the usual rules of consecutive months with negative calculations, so, they loaded up December and October with good stuff and managed to get November down to a small tiny negative, mostly by making rules to round certain things down rather than rounding the numbers or just using the raw numbers. Then, they convoluted the rule to include non-consecutive months and Republicans had from January 20th to January 31st to make January a downer, and all the months that followed under Republican control were also made downers.

So, they declared that the recession started under Clinton in November, despite October and December showing wildly good GDP growth.

Except, Republicans never included the details of it starting in November, just that it started under Clinton and that Bush inherited it. The M$M just played along and never challenged it, and never will they.

The stock market usually takes a hit around March before a November election. It took another hit and dropped a good bit as the election controversy began.

Aside, it's not funny how that caused people to pull money out of stocks and put money into their houses instead.

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0 members have recommended this reply (displayed in chronological order):

Where is my memory faulty? [View all] kentuck Jul 2012 OP
Nowhere, Sir: You Are Quite Accurate, And Many Americans Have Come Un-Moored From Reality The Magistrate Jul 2012 #1
your memory is intact. i have no idea how they are getting away with this. spanone Jul 2012 #2
You, as always, are quite correct! What I see is the democrats seem to RKP5637 Jul 2012 #3
Everything you're remembering is correct, and am guessing I'll be criticized for bringing up sad sally Jul 2012 #4
Rule #1 with Conservatives: Never admit you are wrong Spitfire of ATJ Jul 2012 #5
They can't say squat about 2001-2007 IMHO Proud Liberal Dem Jul 2012 #14
"what's their excuse?" Spitfire of ATJ Jul 2012 #18
You are entirely accurate and correct! Tennessee Gal Jul 2012 #6
I don't understand why NOBODY (either side) ever complained about the following: Booster Jul 2012 #7
I remember the $9 billion that was lost in Iraq but... kentuck Jul 2012 #8
What happened to the money? Tennessee Gal Jul 2012 #9
Here is a video of Rumsfeld on that. Tennessee Gal Jul 2012 #11
Actually Rumsfeld adressed the $2.3 Trillion on, believe or not, 9/10/01 underpants Jul 2012 #15
As a group of people, we just may be the stupidest there are. Booster Jul 2012 #20
One detail you left out is that Bush had been running two wars off the books when he left office NNN0LHI Jul 2012 #10
Plus Medicare Part D was off the books BumRushDaShow Jul 2012 #12
Your memory is not faulty Proud Liberal Dem Jul 2012 #13
A slight correction W inherited a "projected surplus" underpants Jul 2012 #16
The last year of Clinton's term had a real surplus also. kentuck Jul 2012 #17
Your correct sure underpants Jul 2012 #26
The other poster was right. Igel Jul 2012 #21
That recession was Republican fakery. Festivito Jul 2012 #23
Okay I stand corrected underpants Jul 2012 #25
Another correction to the correction, the first quarter did have a budget surplus. Festivito Jul 2012 #22
I won't speculate on where your memory is faulty Curmudgeoness Jul 2012 #19
I just think it is helpful from time to time.. kentuck Jul 2012 #24
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