And all of this is in spite of the fact that GWBush inherited a recession from Clinton that officially started in March 2000 and ended in November 2001.
AND in spite of 9-11, which
completely obliterated one the most important financial nerve centers in the nation and the lengthy
squelching effect that it had on banking, insurance, the airlines, tourism, the markets and the rest of the economy including the job market.
AND in spite of waging two major overseas wars to overthrow two terrorist-supporting regimes.
AND in spite of completely revamping and reconstructing our national security and intelligence agencies to defend against constant domestic terrorist threats.
And yet we STILL have (as the numbers above show) after just three years of GWBush, a far BETTER economy than when he first took office.
But try telling that to a Democrat and you'll hear how GWBush "wrecked" the economy, caused a long and deep recession which ended with no jobs being created, threw 4 gabzillion people out of work, created a 10 trillion dollar deficit, gave tax breaks to the rich, stole from the poor, poisoned children, starved old folks, did nothing to fight terrorism and caused "the worst economy since Herbert Hoover". (psst... and whatever you do, don't mention "Carter", "malaise" or "stagflation" to them - that'll just make their heads implode)
It's Not Just A Gun...It's My "HOMELAND DEFENSE RIFLE"!!
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To: The_Macallan
Thanks for compiling this great info into one neat and tidy little package! I'm printing it out and carrying it in my purse. (grin)
2 posted on
03/31/2004 4:20:54 PM PST by
LucyJo
To: The_Macallan
There you go using facts again. Don't you know that liberals can't compete against this?
3 posted on
03/31/2004 4:24:31 PM PST by
scarface367
(Military Intelligence: "The pointy end of the spoon")
To: The_Macallan
Homeownership rate is now higher than anytime in history. Uh, no. The home indebtness rate is higher than anytime in history. American home debtors have less equity in their homes than any other time in recorded history.
5. Inflation rate fell more under GWBush than Clinton and is now lower after GWBush's 3rd year than Clinton's 3rd year.
What a joke.
To: The_Macallan
Nice presentation.
Bottomline. Bill Clinton didn't face half the challenges that PresBush has faced during his first term in office. Clinton climbed on the economic gravy train and road it to reelection. Bush has faced recession, national emergency and war. So far, a job well done. Bush deserves reelection.
5 posted on
03/31/2004 4:26:18 PM PST by
Reagan Man
(The choice is clear. Reelect BUSH-CHENEY !)
To: The_Macallan
If enough stupid Democrats believe and repeat a lie. Then enough stupid Democrats in the media will continue to repeat it.
How much stupidity will this propogate? We'll find out in November.
6 posted on
03/31/2004 4:27:08 PM PST by
Tempest
(Don't blame me, I'm voting for Bush.)
To: The_Macallan
This is a very important issue to address in-depth. I've talked with many people on the street around here. They all think we are doing terribly.
9 posted on
03/31/2004 4:34:42 PM PST by
Arthur Wildfire! March
(Backhoe's latest links: http://www.freerepublic.com/focus/f-news/1104239/posts)
To: The_Macallan
Outstanding post.
10 posted on
03/31/2004 4:34:42 PM PST by
Mel Gibson
(Suffer from Allergies, Asthma or Adversely Affected by Foul Air ? See "About Me")
To: The_Macallan
Employment Numbers (Total US Civilian labor force )
According to the
BLS's site (pick the first series CES0000000001) the number of non-farm payroll jobs has decreased from 132.3M in 2001 to 130.1M.
That surprised me at first and so I went for another one, CES0500000001 "Total Private" and that went from 111.6M to 108.6M.
So now I'm desperately looking for a number that went up. And I did find one, series CES9000000001 "Total
Government Employees" that went up from 20.8M in the year 2000 to 21.5.
11 posted on
03/31/2004 4:35:52 PM PST by
lelio
To: The_Macallan
Homeownership rate is now higher than anytime in history.
That wouldn't have anything to do with the lowest interest rates in 50 years would it? You should put up another stat about personal bankruptcy rates too.
14 posted on
03/31/2004 4:39:53 PM PST by
lelio
To: The_Macallan
Bookmark Bump.
15 posted on
03/31/2004 4:40:02 PM PST by
DoctorMichael
(The Fourth Estate is a Fifth Column!!!!!!!!!!!!!!!)
To: The_Macallan
Ahhhh...crap!!! Something else I have to memorize. I'm getting too old for this stuff.
It was easier way back when to just comment on the liberal mindset moral meanderings.
Oh...yeah...that didn't work all too well......did it.
Ok!! I'm studying....dammit!!!
16 posted on
03/31/2004 4:43:39 PM PST by
Focault's Pendulum
(Stupid me! I always thought Flip Flops were beach wear)
To: The_Macallan
It's Bush's fault.
To: The_Macallan
Nice. Great layout of the facts.
I love 'bullet-ed' facts that hit the mark . . . dead-on.
20 posted on
03/31/2004 5:03:08 PM PST by
BluSky
(“Don’t make me come down there.”)
To: The_Macallan
7. The Federal Deficit As A Percentage Of GDP Comparing the Federal Deficit to GDP is an irrelevant and meaningless statistic. Worse, it is a misleading comparison in that it ignores other forms of debt that must be serviced by our nation's domestic economic activity. This includes not only our National debt, but also debt accrued by state and local governments as well as private debt incurred by businesses and individuals.
It is more appropriate to view federal deficit spending in the same manner as any other institution, organization or individual that is borrowing money to finance expenditures that exceed current income. In addition to revenue and expenses, one must consider the amount of debt already incurred and the proportion of revenue that must be allocated to service the interest on that debt.
For FY 2003, interest paid on the National Debt was $318 billion, or roughly 18% of federal revenue for that year. For the first 5 months of FY 2004, the Treasury has already spent over $143 billion in interest expense. These figures are not "irrelevant", and more responsibly challenge government's propensity to burden posterity with perpetual debt.
To: The_Macallan
bump
22 posted on
03/31/2004 5:30:11 PM PST by
satchmodog9
(it's coming and if you don't get off the tracks it will run you down)
To: The_Macallan
This is great info in the big fight. I'm forwarding to the people in my email address book plus keep a copy within hands reach.
23 posted on
03/31/2004 6:23:39 PM PST by
lilylangtree
(Veni, Vidi, Vici)
To: The_Macallan
Thanks for putting this together! It's nice to see all the facts in a nice tidy package.
25 posted on
03/31/2004 6:44:35 PM PST by
exDemMom
(Think like a liberal? Oxymoron!)
To: The_Macallan
26 posted on
03/31/2004 7:30:23 PM PST by
Tamzee
( It is useless to attempt to reason a man out of a thing he was never reasoned into. - J. Swift)
To: The_Macallan
6. National Debt per American Citizen - 1940-1950: Increased at 11.2% annual rate. (WWII and reconstruction) 1990-2000: Increased at 1.6% annual rate. (no lengthy military conflicts) 2000-2004: Increased at 2.5% annual rate. (Afghanistan, Iraq, reconstruction and war on terror) * The national debt per citizen is growing at a rate nearly equal to the "peace-time" rate of the 1990s.
2.5 is more than 50% greater than 1.6. You are really stretching things to call those nearly equal. Based on a $7 trillion debt, we're talking about $63 billion. Compounded over one presidential term, you are looking at 6.6% versus 10.4%. You have some points, but #6 is like the kind of spin we used to get from the democrats.
30 posted on
03/31/2004 8:14:12 PM PST by
sixmil
To: The_Macallan
Bump
31 posted on
03/31/2004 8:15:51 PM PST by
sport
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