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CLINTONOMICS VS REAGANVOMITS

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clarence swinney Donating Member (673 posts) Send PM | Profile | Ignore Thu Jun-18-09 10:47 AM
Original message
CLINTONOMICS VS REAGANVOMITS
Reagan does not have a single Great number. Not one.

Comparing Democrat’s hero-CLINTON—versus Republican’s hero--REAGAN
-----------------------------------------------------------------------------------------------------------

1.JOBS—grew by 43% more under Clinton.
2.GDP---grew by 57% more under Clinton.
3.DOW—grew by 700% more under Clinton..
4.NASDAQ-grew by 18 times as much under Clinton.
5.SPENDING--grew by 28% under Clinton---80% under Reagan.
6.DEBT—grew by 43% under Clinton—187% under Reagan.
7. DEFICITS—Clinton got a large surplus--grew by 112% under Reagan.
8.NATIONAL INCOME—grew by100% more under Clinton.
9.PERSONAL INCOME—Grew by 110% more under Clinton.
10. DEFENSE BUDGETED-Clinton -2311B—Reagan-2062B (current $)
11.UNEMPLOYMENT—AVG—Clinton 5.2%--Reagan 7.6%
(I admit averaging averages can be dumb. I dumb.)
SOURCES—Bureau of Labor Statistics (www.BLS.Gov)--Economic Policy Institute (EPI.org)—Global & World Almanacs from 1980 to 2003 (annual issues)
www.the-hamster.com (chart taken from NY Times)
National Archives History on Presidents. www.nara.gov
LA Times 10-11-00 on Market--www.Find articles.com
Federal Budget.Com 2009

A vote for a Conservative is a vote for Less Success.
A vote to reduce the Standard of Living for all Americans.

Recall 1920’s and Wall Street under Conservative control?
Recall 2000-2008 and Wall Street under Conservative control?

Want more of those years?
cswinney2@triad.rr.com

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Lerkfish Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-18-09 10:50 AM
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1. reaganonics were a trojan horse for the rich, no doubt about it, and Clinton prosperity
is partially to his credit for reinstilling consumer confidence, however, if you want to start crediting or blaming presidents for economy on their watch... look out, cause Obama will come out terrible through no fault of his own.
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Cresent City Kid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-18-09 11:02 AM
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2. Here' my stats
1984 $3.35 / h
1988 $4.00 / h
2000 $11.00 / h
2008 $12.00 / h

All in the same industry, same work ethic, same talent.
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DURHAM D Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-18-09 11:07 AM
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3. But we love the "transformativve" Reagan now. nt
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ffr Donating Member (84 posts) Send PM | Profile | Ignore Thu Jun-18-09 11:13 AM
Response to Original message
4. Yup.
I grew up during the 80s. They weren't so great. Dismal actually. Along come Faux Noise and viola, instant Reichpublican hero and weren't those the golden years?! I mostly remember seeing the record deficits year after year and how dumb ol' Ronnie looked.
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YOY Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-18-09 11:20 AM
Response to Original message
5. The thing about trickle down is that it LOOKS like it makes sense.
Edited on Thu Jun-18-09 11:20 AM by YOY
It is easy to explain and easy for a simple mind to digest. That is "creates jobs" by giving the rich more to invest.

and then they invest it abroad...to make more money...and stay rich...cutting out their consumer base.
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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-18-09 11:26 AM
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6. You think Clinton now REGRETS covering up for Reagan and GHWB's crimes throughout the 90s, clarence?
Clinton's coverups for Bush1 allowed Bush2 to get into office and undo what good the internet bubble economy during the Clinton years had going for it.

Look at your list of Reagan-Bush criminals, clarence....What Dem UNCOVERED many of those crimes, and what Dem protected the secrecy and privilege of Reagan and Bush and the criminals involved?

John Kerry is responsible for pegging most of the crooks on that list. Bil Clinton is responsible for siding with the secrecy and privilege of Reagan-Bush. And YOU side with Clinton. So....you side with continuing the protection of Reagan and Bush, whether you realize it or not.
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