MrRodgers -> RE: Bush Has a Good Economic Record (9/4/2008 7:10:51 AM)
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ORIGINAL: celticlord2112 quote:
Oh, and here's a good trivia question. Which president created more jobs: Bill Clinton, or George W. Bush, George Bush, and Ronald Reagan combined? Trivial question, trivial answer: none of them. Presidents do not create jobs. Even the saintly FDR never created a single job. I will rebutt your argument in this way. First... SLAVES had jobs when cotton was king and the economy of the south was BOOMING. Didn't do the slaves any good did it ? We have over 1 million MORE famlies under the povery level (census) Repubs create 'jobs' by BORROWING TRILLIONS...i.e. debt. Dems created jobs while creating a SURPLUS. GDP is a false measurement of economy as has been stipulated by economists for years by measuring goods and SERVICES...those services include every dime simply changing hands back and forth on Wall Street non-job producing money. When Bush took over they LOWERED tax rates on paper-trading ('capital gains' and 'carrier interests')...so more paper trades...and call it part of the GDP when it 'produces' nothing and did nothing for the overall economy except make Wall Street richer. Under Clinton, incomes went UP while the services created were technology based which is truly only where we lead the world. Reformed welfare, closed waistful military bases and REDUCED federal employment. (sounds like a small govt. fiscal conservative to me...whatever that is) Under BUSH and repubs, incomes for more than 50% of Americans have gone DOWN. The vast majority of NEW jobs created by BUSH and Repubs is in govt. defense and military. YES, govt. does create jobs. The jobs created under Clinton were private industry. When BUSH(s) Reagan and repubs create jobs is is govt. i.e. military and HSA, TSA When they and FDR spent govt. money (read WPA and others plus the Hoover Damn it was govt. spending and govt. policies that CREATED those jobs...NOT the marketplace. Jobs created under BUSH and repubs...employess watched their buying power go down. When Clinton created jobs employees buying power went up. A previous post is absolutely correct in that BUSHES 'average' employment is not higher because because they started with Clinton's low unemployment in 2000. I am sick and tired of the right in this country using Europe as an example for ANTHING when they refuse to consult the Europeans on why they are better off while unemployed than the bottom 1/3 of Americans WITH a job. They have universal medicine and it now starting to payoff. EUROPEANS are now living longer. So they could come to America...be poorer and die younger. American right wing economists refuse to include in measuring standard of living...medical care. Yes, where there is universal medical care you will have to wait...SOMETIMES. Here you wait...and wait...and wait for what...for the money and if you don;t get rhe money...you don;t get health care until it is an emergency and somebody else pays for it. Too bad if you die before you are rich enough. Some other factoids: In 2000 we had a trade surplus with most of the world...now we have the largest trade deficit in history. I.E. more of our money is leaving the country then ever before in our history. Since 2000 we have borrowed more money in any 8 years period in our history. We have gone from approx. $20 trillion dollars in TOTAL debt. 2008, we are $44 Trillion in debt. Overall the US is borrowing $6 Billion Per DAY or more...Wall street journal. celticlord...there are statistics and there are...damn statistics.
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