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pghquest, How dare you post facts that go against the left. I bet they will accuse you of being a racist, that you follow rush, beck, or even worse watch fox news. I did rep you for your post.
There is a very good reason, why the stock market is not the leading economic indicator.
Its because to much of it is based on speculation. At best, its an risky investment opportunity, at worst, its just gambling.
GDP is the best indicator of our economic strength. That went up under Democrats, and down under Republicans.
2. The highest growth in jobs? clinton????
8. The largest reduction in the deficit? clinton????
largest growth in jobs....NOT....clinton 'created' 20 million low wage jobs....but LOST 15 million HIGH paying jobs (due to nafta)....net gain 5 million.......not the largest
reduction in defict...sure the REPUBLICAN CONGRESS ballanced the budget....but the DEBT nearly DOUBLED from 3.1 trillion when clinton took office to 5.87 trillion when he left office
Last edited by workingclasshero; 01-29-2010 at 07:15 AM..
1. The highest growth in the gross domestic product?
2. The highest growth in jobs?
3. The biggest increase in personal disposable income after taxes?
4. The highest growth in industrial production?
5. The highest growth in hourly wages?
6. The lowest Misery Index (inflation plus unemployment)?
7. The lowest inflation?
8. The largest reduction in the deficit?
The answers: 1. Harry Truman, 2. Bill Clinton, 3. Lyndon Johnson, 4. John F. Kennedy, 5. Johnson, 6. Truman, 7. Truman, 8. Clinton. In the Economic Sweepstakes, Democratic presidents trounce Republicans eight times out of eight!
If this isn’t enough to destroy the myth that the economy has performed better under Republicans, the stock market has also done better under the Democrats. The Dow Jones Industrial Average during the 20th century has risen 7.3 percent on average per year under Republican presidents. Under Democrats, it rose 10.3 percent – which means investors gained a whopping 41 percent more. And the stock market declined further during George W’s two terms. Moreover, since World War II, Democratic presidents have increased the national debt by an average of 3.7 percent per year and Republican presidents have increased it an average of 10.1 percent. During the same time period, Democratic presidents produced, on average, an unemployment rate of 4.8 percent; Republicans, 6.3 percent. That’s the historical record.
How has the Bush-Cheney team fared? In the past seven years, we have experienced the weakest post-recession job creation cycle since the Great Depression, record deficits, record household debt, a record bankruptcy rate and a substantial increase in poverty. We have gone from being the nation with the biggest budget surplus in history to becoming the nation with the largest deficit in history.
Now, I can understand if someone chooses to vote for a third party candidate (although, with the recent Supreme Court insane ruling, that might be unlikely) but to continie to support the people that have brough nothing to the table, accept for the special interests that is, is nuts. Vote these self-serving dogs out. There is greed and corruption in both parties, but c'mon. These guys have showed you their true colors time and time again.
Truman= WWII helped
Kennedy=Riding out what Eisenhower set up
Johnson=still Eisenhower
Clinton=Riding out what Bush did
There ya go. lol
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