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Old 05-10-2016, 04:25 PM
 
1,683 posts, read 812,470 times
Reputation: 1613

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From conservative leaning US News and World Report...

GOP front-runner, real estate mogul and reality television star Donald Trump has vowed to be "the greatest jobs president that God ever created." To do so, he'd need to unseat former Democratic President Bill Clinton, who averaged nearly 242,000 monthly job gains during his eight years in the White House. Over the last six decades or so, history has tended to favor Democratic presidents in terms of economic performance. The country's unemployment rate has been lower at the end of every Democrat's tenure since Kennedy took office in 1961.

Which Presidents Have Been Best for the Economy? | US News
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Old 05-10-2016, 04:27 PM
 
69,368 posts, read 64,128,317 times
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Clinton said the budget bills he was "forced" to sign, was going to destroy the economy.. cause people to starve etc..
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Old 05-10-2016, 04:42 PM
 
Location: 500 miles from home
33,942 posts, read 22,537,022 times
Reputation: 25816
Quote:
Originally Posted by emanresu1 View Post
From conservative leaning US News and World Report...

GOP front-runner, real estate mogul and reality television star Donald Trump has vowed to be "the greatest jobs president that God ever created." To do so, he'd need to unseat former Democratic President Bill Clinton, who averaged nearly 242,000 monthly job gains during his eight years in the White House. Over the last six decades or so, history has tended to favor Democratic presidents in terms of economic performance. The country's unemployment rate has been lower at the end of every Democrat's tenure since Kennedy took office in 1961.

Which Presidents Have Been Best for the Economy? | US News
I have to agree. Employment was BOOMING! People would just go from one company to another - collecting raises along the way.


An average raise was 5-7%; a promotional raise was 8-10% . .


Definitely an employees' market


Sigh.
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Old 05-10-2016, 04:54 PM
 
Location: Pyongjang
5,701 posts, read 3,223,962 times
Reputation: 3925
His VP invented the internet so all credit due to him.
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Old 05-10-2016, 06:42 PM
 
788 posts, read 512,953 times
Reputation: 332
Quote:
Originally Posted by Ringo1 View Post
I have to agree. Employment was BOOMING! People would just go from one company to another - collecting raises along the way.


An average raise was 5-7%; a promotional raise was 8-10% . .


Definitely an employees' market


Sigh.
Yes, Newt Gingrich and his Contract for America did a great job - despite bubba.
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Old 05-10-2016, 07:03 PM
 
12,772 posts, read 7,980,917 times
Reputation: 4332
Quote:
Originally Posted by emanresu1 View Post
From conservative leaning US News and World Report...

GOP front-runner, real estate mogul and reality television star Donald Trump has vowed to be "the greatest jobs president that God ever created." To do so, he'd need to unseat former Democratic President Bill Clinton, who averaged nearly 242,000 monthly job gains during his eight years in the White House. Over the last six decades or so, history has tended to favor Democratic presidents in terms of economic performance. The country's unemployment rate has been lower at the end of every Democrat's tenure since Kennedy took office in 1961.

Which Presidents Have Been Best for the Economy? | US News
Quote:
Originally Posted by Ringo1 View Post
I have to agree. Employment was BOOMING! People would just go from one company to another - collecting raises along the way.


An average raise was 5-7%; a promotional raise was 8-10% . .


Definitely an employees' market


Sigh.
A little thing called the internet had a LOT to do with that, Presidents don't create jobs other than in federal offices.
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Old 05-10-2016, 07:14 PM
 
30,069 posts, read 18,674,911 times
Reputation: 20887
Quote:
Originally Posted by emanresu1 View Post
From conservative leaning US News and World Report...

GOP front-runner, real estate mogul and reality television star Donald Trump has vowed to be "the greatest jobs president that God ever created." To do so, he'd need to unseat former Democratic President Bill Clinton, who averaged nearly 242,000 monthly job gains during his eight years in the White House. Over the last six decades or so, history has tended to favor Democratic presidents in terms of economic performance. The country's unemployment rate has been lower at the end of every Democrat's tenure since Kennedy took office in 1961.

Which Presidents Have Been Best for the Economy? | US News
Yes-

Jobs for Mexicans and Chinese through NAFTA and China trade policies. Jobs for those who transferred military secrets to China. Jobs for the Wall Street gang who made billions off the repeal of Glass-Steagle.
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Old 05-10-2016, 07:21 PM
 
26,507 posts, read 15,084,039 times
Reputation: 14665
Quote:
Originally Posted by emanresu1 View Post
From conservative leaning US News and World Report...

GOP front-runner, real estate mogul and reality television star Donald Trump has vowed to be "the greatest jobs president that God ever created." To do so, he'd need to unseat former Democratic President Bill Clinton, who averaged nearly 242,000 monthly job gains during his eight years in the White House. Over the last six decades or so, history has tended to favor Democratic presidents in terms of economic performance.


I am not sure what Bill Clinton had to do with the internet. I know what he had to do with pushing China into the WTO and working out a permanent trade deal with them at the end of his term. It led to a huge spike in outsourcing and with our trade deficit. Bush and Obama have not enjoyed that parting gift.

Also
Quote:
“The decision in 2000 to shield the exotic financial instruments known as over-the-counter derivatives from regulation, made during the last year of President Bill Clinton’s term, is called ‘a key turning point’ in the march towards the financial crisis.”
Bill Clinton's True Legacy: Outsourcer-in-Chief

Also, the housing bubble...

Bill Clinton - 25 People to Blame for the Financial Crisis - TIME

Phil Gramm and Michael Solon: The Clinton-Era Roots of the Financial Crisis - WSJ

Quote:
Finally, the Clinton adminstration threatened to subject the mortgage companies to the CRA if they didn't comply voluntarily. They promptly agreed to increase their CRA-type lending in order to escape the kind of public scrutiny that comes with official CRA regulated status.

If the CRA was forcing all this lax lending, why weren't bankers objecting?
Are you really in the dark about why the leaders of large public corporations wouldn't publicly object to a piece of civil rights legislation? Fine. I'll be totally open with you: this would have been career suicide and an open invitation to bias litigation and increased scrutiny from regulators. In this case, silence is misleading.
Here's How The Community Reinvestment Act Led To The Housing Bubble's Lax Lending - Business Insider



Quote:
Originally Posted by emanresu1 View Post
The country's unemployment rate has been lower at the end of every Democrat's tenure since Kennedy took office in 1961.
In 1994 the Clinton Administration changed how they counted the unemployment, had they not changed that number and used the same method, your statement would not be true.

Unemployment 7.8% to 22% - Is There A Better Method? | Lance Roberts | FINANCIAL SENSE
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