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Economic Data Refutes DNC LIES!
Bureau of Economic Analysis ^ | May 4,2002 | Michael.S.F

Posted on 05/04/2002 5:43:39 PM PDT by Michael.SF.

Taken from DNC party platform I found the following:

"Let us not forget that America's future did not always seem so bright. Under the Bush-Quayle administration, America was suffering through economic stagnation. Businesses were failing. Jobs were disappearing. The welfare rolls swelled. Crime exploded in the streets. Hope and optimism were scarce. Most Americans felt that the American Dream was endangered - if not extinct."


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: dnclies; economy
Yes, I admit i clicked onto the DNC website. I was a bit surprised to find the link right here on Free Republic. I was curious, so I did a little surfing and found their platform. I read the above and decided to see how long it would take me to shoot down a blatent lie righ in the DNC platform.

It took about five minutes to find the BEA side which totally refutes the lies of the DNC platform. The above link will lead you to some BEA tables which illustrates what fools the DNC are.

The truth is in the numbers:

1988-1992 Avg. GDP = 2.25% Growth
Highest GDP = 4.2% ('88)

1981 - 1992 Avg. GDP = 2.9% growth
Highest GDP = 7.3% growth ('84)

1993-2000 Avg. GDP = 3.7% growth
Highest GDP = 4.4% growth ('97)

The truth is that during the 'Clinton years' the economy continued to roll along and grow due in a large part to the sound economic policies laid out during the Reagan/Bush years.

The Reagan/Bush years numbers are skewed downward in part because of the poor economy Reagan inherited from the peanut farmer.

But the DNC will have none of the truth, because they can't handle the truth.

1 posted on 05/04/2002 5:43:40 PM PDT by Michael.SF.
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To: Michael.SF.
Well Duh! Facts are alway in the way of the DNC platform!

MARK A SITY
http://www.logic101.net/

2 posted on 05/04/2002 5:50:08 PM PDT by logic101.net
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Comment #3 Removed by Moderator

To: SentryoverAmerica
Why does the media want to live a statist society?
4 posted on 05/04/2002 6:55:33 PM PDT by DrDavid
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Comment #5 Removed by Moderator

To: Michael.SF.
The TRUTH is: TRUTH
6 posted on 05/04/2002 7:16:45 PM PDT by Eustace
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To: Eustace
That site is a little hare-brained, IMO.
7 posted on 05/04/2002 9:28:03 PM PDT by Tauzero
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To: Michael.SF.
The fact that the DNC lies is not surprising to me or to most freepers. The real point(s) of the post were to:

1) Demonstrate how quickly one is able to refute their lies.
and
2) Give other Freepers access to a site with economic statistics to refute those lies.

There is a wealth of other information on the site as well. For example, we all remember the first of the thousands of lies by bill c.:

"Its the econonomy, stupid"
"Worse economy in 50 years."

The truth: -0.5% GDP in 1992, a dip in an otherwise continuously rising GDP curve.

1974 -0.6%
1975 -0.4% Two years of negative 'growth' in a row
1980 -0.2% The Carter years take effect
1982 -2.0% Jimmah at his best
1983 +4.3%
1984 +7.3%
Reagonomics begins to take effect and the 16 year upward trend begins (small dip in '91).

8 posted on 05/05/2002 1:21:05 PM PDT by Michael.SF.
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To: Sentry:
The fact that the DNC lies is not surprising to me or to most freepers. The real point(s) of the post were to:

1) Demonstrate how quickly one is able to refute their lies.
and
2) Give other Freepers access to a site with economic statistics to refute those lies.

There is a wealth of other information on the site as well. For example, we all remember the first of the thousands of lies by bill c.:

"Its the econonomy, stupid"
"Worse economy in 50 years."

The truth: -0.5% GDP in 1992, a dip in an otherwise continuously rising GDP curve.

1974 -0.6%
1975 -0.4% Two years of negative 'growth' in a row
1980 -0.2% The Carter years take effect
1982 -2.0% Jimmah at his best
1983 +4.3%
1984 +7.3%
Reagonomics begins to take effect and the 16 year upward trend begins (small dip in '91).

9 posted on 05/05/2002 1:22:53 PM PDT by Michael.SF.
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