[Eric Blair 2084]

The economy works in natural cycles of growth and contraction. During the presidential election of 04 my biggest fear was that if Lurch got elected he would take credit for the growth spawned by the tax cuts 3 years before.

Unfortunately, most Americans don’t understand the economy. To them a recession is when your neighbor is out of work and a depression is when they are out of work. Can’t say I blame them...all politics are local.

Hillary’s Communism has already been tried in North Korea, Cuba, USSR and NY...and it failed every time. Communism sounds good in theory when you read Marx and Engels. It just doesn’t work.

[stylin19a]

Clinton had the Dunkin Donut economy...if was light, fluffy and had a hole in the middle.

[chopperman]

If one bothers to remember, Clinton deserves none of the credit for the economy during his presidency. The Republican congress kept him and Hildebeast from screwing up what he inherited from Reagan/Bush. GWB on the other hand turned things around after 911 with his tax cuts. Of course, he does not get credit for that.

[Sleeping Beauty]

My personal wealth quadrupled during the Bush years. It’s hard to argue with that.

[Norman Bates]

This is a very interesting read. Thanks for posting it!

[george76]

Federal Budget Deficit as % of GDP:
1970s 2.1%
1980s 3.0%
1990s 2.2%
2006 1.9%

Federal Revenue as % of GDP:
1962 18.2%
2006 18.4%

Top Federal Tax Rate
1965 70%
1975 70%
1985 31%
1995 40%
2005 35%

Home Ownership Percentage
1965 63%
1975 68%
1985 64%
1995 65%
2005 69%

[AZRepublican]

>were a centrally planned dictatorship.

LOL! The United States is both a judicial and partisan dictatorship. Who is kidding who?

[RunningWolf]

The Clinton economy had nothing to do with Clinton. It was the surge at the end of the cold war, and later the whole WWW Dot.com boom.

[HawaiianGecko]

The dot com boom of the late '90s was the largest redistribution of wealth this country has ever seen.  Hundreds of billions of investor dollars flowed into tons of SomethingStupid.Com startup companies, who in turn hired every fry cook that headhunters could get their hands on, renamed them Web Designers, doubled their salaries and put them to work in companies that were not producing any products.  Just hype.

So the 22 million jobs that Clinton created were really just 22 million Mexicans coming across the border filling the French fry cooking jobs.  And they lost those jobs when the Web Designers lost theirs and returned as "experienced fry cooks."

The upshot of all of this was a massive fleecing of people with money and redistributing it to burger flippers.  And we are supposed to be impressed with this?

[anton]

Yea, I remember Etoys, Drugstore.com, enron, global crossing, etc.

[G-Man 1]

VOTE FOR HILLERY: just like the impeached serial rapist, she is going to be giving free blow jobs in the white house.For a campaign contribution of course.

[r-q-tek86]

ping