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American Patriot
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 Posted: Mon Jul 07, 2008 11:19 pm Post subject: Bill Clinton oversaw the return of the American economy afte |
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yes, the clinton years just kept getting better and better and
better.
even though the military was downscaled, those who left the military
during that time were able to get jobs, and at good wages.
republicans today try to say that were it not for the payroll of the
military servicepeople, the US economy would be even worse. heck, the
US economy has lost jobs for the past 6 months under GWBush!
also, the value of the US dollar has continued to decline since 2003
(not much of a concidence, the year the occupations of iraq and
afghanistan) against other world currency. not to mention that
gasoline was $1.40 a gallon back in 2002, and now has hit $4.10
because of the increased demands due to the occupations. and let no
one forget that dick cheney's halliburton, via the no-bid contract
awarded it by GWBush, gets a stipend off of every gallon the troops
use in the occupations of iraq and afghanistan.
leave it to republicans to mess up the US economy. they always do!
vote for fiscal sanity, as well as the poor and middle classes in
2008. vote for democrats! |
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BibsBro
Guest
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| Posted: Tue Jul 08, 2008 4:29 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
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....yet the inexperienced and unqualified Barrack Hussein Obama who has no
accomplishments beat Hillary Clinton in the DEMOCRAT primary? Why weren't
Democrats willing to return to Clintonomics?
Perhaps they blame Clinton for outsourcing their jobs to China and Mexico.
Why don't the 'tax the rich' Democrat millionaire politicians set the
example and send bonus checks to the IRS? But they won't because they are
planning to burden the middle-class like they always do.
Don't be fooled by these self-serving politicians again!
BibsBro
"American Patriot" <SincereQuestioner@gmail.com> wrote in message
news:ea1271c4-c0f4-42aa-9055-38e743160536@l42g2000hsc.googlegroups.com...
| Quote: |
yes, the clinton years just kept getting better and better and
better.
even though the military was downscaled, those who left the military
during that time were able to get jobs, and at good wages.
republicans today try to say that were it not for the payroll of the
military servicepeople, the US economy would be even worse. heck, the
US economy has lost jobs for the past 6 months under GWBush!
also, the value of the US dollar has continued to decline since 2003
(not much of a concidence, the year the occupations of iraq and
afghanistan) against other world currency. not to mention that
gasoline was $1.40 a gallon back in 2002, and now has hit $4.10
because of the increased demands due to the occupations. and let no
one forget that dick cheney's halliburton, via the no-bid contract
awarded it by GWBush, gets a stipend off of every gallon the troops
use in the occupations of iraq and afghanistan.
leave it to republicans to mess up the US economy. they always do!
vote for fiscal sanity, as well as the poor and middle classes in
2008. vote for democrats! |
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BibsBro
Guest
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| Posted: Tue Jul 08, 2008 4:46 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
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"American Patriot" <SincereQuestioner@gmail.com> wrote in message
news:ea1271c4-c0f4-42aa-9055-38e743160536@l42g2000hsc.googlegroups.com...
| Quote: |
yes, the clinton years just kept getting better and better and
better.
even though the military was downscaled, those who left the military
during that time were able to get jobs, and at good wages.
republicans today try to say that were it not for the payroll of the
military servicepeople, the US economy would be even worse. heck, the
US economy has lost jobs for the past 6 months under GWBush!
also, the value of the US dollar has continued to decline since 2003
(not much of a concidence, the year the occupations of iraq and
afghanistan) against other world currency. not to mention that
gasoline was $1.40 a gallon back in 2002, and now has hit $4.10
because of the increased demands due to the occupations. and let no
one forget that dick cheney's halliburton, via the no-bid contract
awarded it by GWBush, gets a stipend off of every gallon the troops
use in the occupations of iraq and afghanistan.
leave it to republicans to mess up the US economy. they always do!
vote for fiscal sanity, as well as the poor and middle classes in
2008. vote for democrats!
|
Does Hillary Clinton Hate the Middle Class? You Decide!
http://uk.youtube.com/watch?v=xoBciMIlIT0 |
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Neolibertarian
Guest
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| Posted: Tue Jul 08, 2008 4:48 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
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In article
<ea1271c4-c0f4-42aa-9055-38e743160536@l42g2000hsc.googlegroups.com>,
American Patriot <SincereQuestioner@gmail.com> wrote:
| Quote: |
yes, the clinton years just kept getting better and better and
better.
|
Clinton had to fight the GOP's for every penny of increases in Federal
spending. He even had to temporarily lay off a couple hundred thousand
federal workers at one point.
Obama won't have a GOP congress to fight.
Both he and the Dem leadership are chomping at the bit to wildly
increase federal spending.
You can't tax your way to prosperity. You can't even tax your way to
lower gas prices.
--
NeoLibertarian
http://www.elihu.envy.nu/NeoPics/UncleHood.jpg |
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Neolibertarian
Guest
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| Posted: Tue Jul 08, 2008 6:50 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
In article <g500f5$rm1$1@news.datemas.de>,
"Lamont Cranston" <Lamont.Cranston@intheshadows.com> wrote:
| Quote: |
Neolibertarian wrote:
In article
ea1271c4-c0f4-42aa-9055-38e743160536@l42g2000hsc.googlegroups.com>,
American Patriot <SincereQuestioner@gmail.com> wrote:
yes, the clinton years just kept getting better and
better and
better.
Clinton had to fight the GOP's for every penny of
increases in Federal
spending. He even had to temporarily lay off a couple
hundred thousand
federal workers at one point.
Obama won't have a GOP congress to fight.
Both he and the Dem leadership are chomping at the bit to
wildly
increase federal spending.
Really? Ending the war in Iraq will increase federal
spending?
Yes. The spending on the War on Terror is a very small part of the |
federal budget. Eliminate that spending, and you've actually ended only
a small part of military expendatures, and a tiny part of federal
spending, anyway.
However, you could then sell the idea to morons and illiterates that
you're well on the way to a surplus. Hence, you'll head off any protests
against your gigantic increases in entitlement spending.
| Quote: |
You can't tax your way to prosperity. You can't even tax
your way to
lower gas prices.
Yet, when Clinton increased taxes to ease the pressure on
the capital markets, prosperity occurred.
|
Which taxes "eased pressure on capital markets?"
I'd respectfully suggest you don't "go figure," but that you go learn
some basic economics--sans the marxism.
--
NeoLibertarian
http://www.elihu.envy.nu/NeoPics/UncleHood.jpg |
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Lamont Cranston
Guest
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| Posted: Tue Jul 08, 2008 7:55 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
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|
BibsBro wrote:
| Quote: |
...yet the inexperienced and unqualified Barrack Hussein
Obama who
has no accomplishments beat Hillary Clinton in the
DEMOCRAT primary?
Why weren't Democrats willing to return to Clintonomics?
|
They have. Clintonomics was nothing more than the same
economic policies that the Democratic Party has always
advocated. In selecting the experienced and qualified
Barack Obama, Democrats have taken the first step toward
restoring the American economy. |
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Lamont Cranston
Guest
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| Posted: Tue Jul 08, 2008 8:19 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
Neolibertarian wrote:
| Quote: |
In article
ea1271c4-c0f4-42aa-9055-38e743160536@l42g2000hsc.googlegroups.com>,
American Patriot <SincereQuestioner@gmail.com> wrote:
yes, the clinton years just kept getting better and
better and
better.
Clinton had to fight the GOP's for every penny of
increases in Federal
spending. He even had to temporarily lay off a couple
hundred thousand
federal workers at one point.
Obama won't have a GOP congress to fight.
Both he and the Dem leadership are chomping at the bit to
wildly
increase federal spending.
|
Really? Ending the war in Iraq will increase federal
spending?
| Quote: |
You can't tax your way to prosperity. You can't even tax
your way to
lower gas prices.
|
Yet, when Clinton increased taxes to ease the pressure on
the capital markets, prosperity occurred. Go figure, huh? |
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Neolibertarian
Guest
|
| Posted: Tue Jul 08, 2008 9:42 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
In article <g5064j$f4q$1@news.datemas.de>,
"Lamont Cranston" <Lamont.Cranston@intheshadows.com> wrote:
| Quote: |
Neolibertarian wrote:
In article <g500f5$rm1$1@news.datemas.de>,
"Lamont Cranston" <Lamont.Cranston@intheshadows.com
wrote:
Neolibertarian wrote:
In article
ea1271c4-c0f4-42aa-9055-38e743160536@l42g2000hsc.googlegroups.com>,
American Patriot <SincereQuestioner@gmail.com> wrote:
yes, the clinton years just kept getting better and
better and
better.
Clinton had to fight the GOP's for every penny of
increases in Federal
spending. He even had to temporarily lay off a couple
hundred thousand
federal workers at one point.
Obama won't have a GOP congress to fight.
Both he and the Dem leadership are chomping at the bit
to
wildly
increase federal spending.
Really? Ending the war in Iraq will increase federal
spending?
Yes. The spending on the War on Terror is a very small
part of the
federal budget. Eliminate that spending, and you've
actually ended
only a small part of military expendatures, and a tiny
part of federal
spending, anyway.
However, you could then sell the idea to morons and
illiterates that
you're well on the way to a surplus. Hence, you'll head
off any
protests against your gigantic increases in entitlement
spending.
You can't tax your way to prosperity. You can't even
tax
your way to
lower gas prices.
Yet, when Clinton increased taxes to ease the pressure on
the capital markets, prosperity occurred.
Which taxes "eased pressure on capital markets?"
The taxes that were enacted in the 1993 Deficit Reduction
Act.
|
Which didn't create the boom, but kept the debt from being managed by
monetary policy.
The benefits from the act would have been eclipsed by nationalizing the
American health care industry.
Arguments?
This was something that happened in reverse (sort of) during the W. Bush
administration--in other words, first came the passage of the ludicrous
Medicare Reform Act of 2003, and then came the boost in revenues (that
helped pay for it).
It's a neoconservative tenet that you need to give the populists some
raw steak once in a while, so they'll leave you alone to do what you
wanna do. In their case, it's a matter of growing the economy, and
therefore revenues, and then giving the masses some bread and
circuses--all so that you can increase military spending and use
military power to extend US influence abroad.
You know, like that neocon, Jack Kennedy, did it.
Neodeal Dems think you need to clean up government finances, so that you
can show to an illiterate electorate there's "extra" money for new
entitlements.
They like to clean up deficit spending by "taxing the rich."
Throughout the Clinton administration, from 1995 onwards, the GOP's were
accused of "slashing benefits" in entitlement budgets, when in reality,
the GOP's were merely proposing smaller increases in spending than
Clinton.
The spending equation is as important to a balanced budget as are the
tax revenues, of course.
Arguments?
The successes at attempting to balance the budget were from a
non-partisan-specific multi-tiered effort (painted as extremely partisan
and one dimensional in the press), as are the evils resulting from the
abrogation of those gains.
Now, the debt is being monetized anyway. This is still a
non-partisan-specific multi-tier issue.
It's still being painted as extremely partisan.
Whatever the real politics are, the GOP's were fired in 2006 at least in
part because of their fiscal irresponsibility. Something they now
clearly share with the history of the Democrat party.
Even so, a GOP or Dem candidate has yet to notice the
$10,000,000,000,000.00 Elephant in the Room. The election's only 4
months away, so we can rest assured that the Elephant will remain
unnoticed until after election day.
Why anyone would want to run for president this time around is
completely beyond me.
| Quote: |
Go figure, huh?
I'd respectfully suggest you don't "go figure," but that
you go learn
some basic economics--sans the marxism.
I have a degree in economics. You can stuff your "marxism"
comment up your ass.
|
Just because you claim a degree in economics doesn't exempt you from
being assumed a marxist. Just the opposite, I should think,
Especially if you studied economics in an American university.
If you, in fact, studied economics here in the United States, you'd
acknowledge the obvious, or laugh.
If you claim not to understand the assumption, then you're either lying
or you don't know how to define marxism.
--
NeoLibertarian
http://www.elihu.envy.nu/NeoPics/UncleHood.jpg |
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Lamont Cranston
Guest
|
| Posted: Tue Jul 08, 2008 9:56 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
Neolibertarian wrote:
| Quote: |
In article <g500f5$rm1$1@news.datemas.de>,
"Lamont Cranston" <Lamont.Cranston@intheshadows.com
wrote:
Neolibertarian wrote:
In article
ea1271c4-c0f4-42aa-9055-38e743160536@l42g2000hsc.googlegroups.com>,
American Patriot <SincereQuestioner@gmail.com> wrote:
yes, the clinton years just kept getting better and
better and
better.
Clinton had to fight the GOP's for every penny of
increases in Federal
spending. He even had to temporarily lay off a couple
hundred thousand
federal workers at one point.
Obama won't have a GOP congress to fight.
Both he and the Dem leadership are chomping at the bit
to
wildly
increase federal spending.
Really? Ending the war in Iraq will increase federal
spending?
Yes. The spending on the War on Terror is a very small
part of the
federal budget. Eliminate that spending, and you've
actually ended
only a small part of military expendatures, and a tiny
part of federal
spending, anyway.
However, you could then sell the idea to morons and
illiterates that
you're well on the way to a surplus. Hence, you'll head
off any
protests against your gigantic increases in entitlement
spending.
You can't tax your way to prosperity. You can't even
tax
your way to
lower gas prices.
Yet, when Clinton increased taxes to ease the pressure on
the capital markets, prosperity occurred.
Which taxes "eased pressure on capital markets?"
|
The taxes that were enacted in the 1993 Deficit Reduction
Act.
| Quote: |
Go figure, huh?
I'd respectfully suggest you don't "go figure," but that
you go learn
some basic economics--sans the marxism.
|
I have a degree in economics. You can stuff your "marxism"
comment up your ass. |
|
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fargo116
Guest
|
| Posted: Wed Jul 09, 2008 12:36 am Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
On Jul 7, 5:19 pm, American Patriot <SincereQuestio...@gmail.com>
wrote:
| Quote: |
...republicans today try to say that were it not for the payroll of the
military servicepeople, the US economy would be even worse....
|
Yes, there is a scientific name for this. It's called 'WHINING.'
S. Olson |
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fargo116
Guest
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| Posted: Wed Jul 09, 2008 1:02 am Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
On Jul 7, 9:51 pm, Miles Long <Mi...@Home.net> wrote:
| Quote: |
American Patriot wrote:
yes, the clinton years just kept getting better and better and
better.
even though the military was downscaled, those who left the military
during that time were able to get jobs, and at good wages.
republicans today try to say that were it not for the payroll of the
military servicepeople, the US economy would be even worse. heck, the
US economy has lost jobs for the past 6 months under GWBush!
also, the value of the US dollar has continued to decline since 2003
(not much of a concidence, the year the occupations of iraq and
afghanistan) against other world currency. not to mention that
gasoline was $1.40 a gallon back in 2002, and now has hit $4.10
because of the increased demands due to the occupations. and let no
one forget that dick cheney's halliburton, via the no-bid contract
awarded it by GWBush, gets a stipend off of every gallon the troops
use in the occupations of iraq and afghanistan.
leave it to republicans to mess up the US economy. they always do!
vote for fiscal sanity, as well as the poor and middle classes in
2008. vote for democrats!
Here's my contribution to your golden oldies...
http://home.att.net/~jrhsc/jobwelldone.html
A NATION TRANSFORMED
Clinton-Gore Administration Accomplishments: 1993 - 2000
For the past seven and a half years, President Clinton and Vice
President Gore have been guided by three core values: building a
community of all Americans; creating opportunity for all Americans; and
demanding responsibility from all Americans. Pursuing policies based on
these values has resulted in tremendous progress for our nation, and a
strong America at the dawn of the 21st Century. The President and Vice
President are committed to a "New Opportunity Agenda" to build on our
progress and expand our prosperity until it reaches every corner of the
nation.
Economy: the Strongest Economy in a Generation
Longest Economic Expansion in U.S. History. In February 2000, the United
States entered the 107th consecutive month of economic expansion -- the
longest economic expansion in history. [National Bureau of Economic
Research and Council of Economic Advisors]
Moving From Record Deficits to Record Surplus. In 1992, the Federal
budget deficit was $290 billion - the largest dollar deficit in American
history. In January 1993, the Congressional Budget Office projected that
the deficit would grow to $455 billion by 2000. The Office of Management
and Budget is now projecting a surplus of at least $230 billion for 2000
- the third consecutive surplus and the largest surplus ever, even after
adjusting for inflation. Compared with original projections, that is
over $685 billion less in government drain on the economy and over $685
billion more potentially available for private investment in this one
year alone. The 2000 surplus is projected to be 2.4 percent of GDP --
the largest surplus as a share of GDP since 1948. This is the first time
we have had three surpluses in a row in more than a half century, and it
is the second consecutive surplus excluding Social Security. [Office of
Management! and Budget; National Economic Council, 9/27/00]
Paying Off the National Debt. In July 2000, the Treasury Department
announced that the United States will pay off $221 billion of debt this
year -- the largest one-year debt pay down in American history. This
will be the third consecutive year of debt reduction, bringing the
three-year total to $360 billion. Public debt is on track to be $2.4
trillion lower in 2000 than was projected in 1993. Debt reduction brings
real benefits for the American people -- a family with a home mortgage
of $100,000 might expect to save roughly $2,000 per year in mortgage
payments. Reduced debt also means lower interest rates and reduced
payments on car loans and student loans. With the President's plan, we
are now on track to eliminate the nation's publicly held debt by at
least 2012. [Treasury Department, Office of Economic Policy, From
Widening Deficits to Paying Down the Debt: Benefits for the American
People, 8/4/99]
More Than 22 Million New Jobs. 22.2 million new jobs have been created
since 1993, the most jobs ever created under a single Administration --
and more new jobs than Presidents Reagan and Bush created during their
three terms. 92 percent (20 million) of the new jobs have been created
in the private sector, the highest percentage in 50 years. Under
President Clinton and Vice President Gore, the economy has added an
average of 248,000 jobs per month, the highest under any President. This
compares to 52,000 per month under President Bush and 167,000 per month
under President Reagan. [Bureau of Labor Statistics]
Fastest and Longest Real Wage Growth in Over Three Decades. In the last
12 months, average hourly earnings have increased 3.8 percent -- faster
than the rate of inflation. The United States has had five consecutive
years of real wage growth -- the longest consecutive increase since the
1960s. Since 1993, real wages are up 6.5 percent, after declining 4.3
percent during the Reagan and Bush years. [National Economic Council, 6/00]
Household Income Breaks $40,000 for First Time in History. Income for
median households rose $1,072, or 2.7 percent, from $39,744 in 1998 to
$40,816, marking an unprecedented fifth year of significant growth in
income. In 1999, the median income of African American households
increased from $25,911 in 1998 to $27,910 -- an increase of $1,999, or
7.7 percent, which is the largest one-year increase ever recorded. The
income of the median Hispanic household, adjusted for inflation,
increased from $28,956 in 1998 to $30,735 in 1999 -- an increase of
$1,779, or 6.1 percent, which is the largest one-year increase ever
recorded. [Census Bureau, Money Income in the United States: 1999, 9/26/00]
Unemployment is the Lowest in Over Three Decades. Unemployment is down
from 7.5 percent in 1992 to 3.9 percent in September, the lowest in more
than three decades. The unemployment rate has fallen for seven years in
a row, and has remained below 5 percent for 37 months in a row -- over
three full years. Unemployment for African-Americans fell to the lowest
level ever recorded, and for Hispanics it remains at historic lows.
[Bureau of Labor Statistics]
Highest Homeownership Rate in History. The homeownership rate reached
67.2 percent in the second quarter of 2000 -- the highest ever recorded.
Minority homeownership rates were also the highest ever recorded. In
contrast, the homeownership rate fell from 65.6 percent in the first
quarter of 1981 to 63.7 percent in the first quarter of 1993. There are
almost 9 million more homeowners than in 1993. [Bureau of the Census,
7/26/00]
Lowest Poverty Rate Since 1979. In 1999, the poverty rate dropped from
12.7 percent to 11.8 percent, the lowest rate in two decades. Since
President Clinton and Vice President Gore passed their Economic Plan in
1993, the poverty rate has declined from 15.1 percent in 1993 to 11.8
percent in 1999 - the largest six-year drop in poverty in nearly 30
years (1964-1970). There are now 7 million fewer people in poverty than
in 1993, and over 2.2 million, or over 30 percent, of this decline
occurred during the past year. [Census Bureau, Poverty in the United
States: 1999, 9/26/00]
Largest One-Year Drop in Child Poverty in More than Three Decades. Under
President Clinton and Vice President Gore child poverty has dropped by
25.6 percent -- from 22.7 percent in 1993 to 16.9 percent in 1999. While
this is still too high, it is the lowest child poverty rate since 1979
and includes the largest one-year decline since 1966, which occurred
from 1998 to 1999. The African American child poverty rate has fallen
28.2 percent since 1993, and dropped from 36.7 percent in 1998 to 33.1
percent in 1999 -- the largest one-year drop in history and the lowest
level on record (data collected since 1959). The Hispanic child poverty
rate has fallen by 26 percent since 1993, and dropped from 25.6 percent
in 1998 to 22.8 percent in 1999 -- the lowest level since 1979. [Census
Bureau, Poverty in the United States: 1999, 9/26/00]
Families and Communities: Strengthening America's Working Families
Tax Cuts for Working Families. 15 million additional working families
received additional tax relief because of the President's expansion of
the Earned Income Tax Credit. In 1999, the EITC lifted 4.1 million
people out of poverty - nearly double the number lifted out of poverty
by the EITC in 1993. This year, the President proposed expanding the
EITC to provide tax relief to an additional 6.8 million hard-pressed
working families. [Good News for Low Income Families: Expansions in the
EITC and Minimum Wage, CEA, 12/98; Census Bureau]
Helping Parents Balance Work and Family. The Family and Medical Leave
Act allows workers to take up to 12 weeks of unpaid leave to care for
seriously ill family members, new born or adoptive children, or their
own serious health problems without fear of losing their jobs. Nearly 91
million workers (71% of the labor force) are covered by the Family and
Medical Leave Act and millions of workers have benefited from FMLA since
its enactment. President Clinton has proposed expanding FMLA to allow
workers to take up to 24 unpaid hours off each year for school and early
childhood education activities, routine family medical care, and caring
for an elderly relative. [Five Years of Success: Report on FMLA,
Department of Labor, 8/98 (updated number provided 7/99)]
Improved Access to Affordable, Quality Child Care and Early Childhood
Programs. Under the Clinton-Gore Administration, federal funding for
child care has more than doubled, helping parents pay for the care of
about 1.5 million children in 1998, and the1996 welfare reform law
increased child care funding by $4 billion over six years to provide
child ...
|
Yeah but all the GOP cocksuckers can focus on is "Where's MY 21-year-
old?" The fact that Big Bill got a hummer and didn't have to pay for
it, drives them crazy with fury because they know they'd have to pay
their wives for one.
S. Olson |
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Don Ocean
Guest
|
| Posted: Wed Jul 09, 2008 6:31 am Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
fargo116 wrote:
| Quote: |
On Jul 7, 9:51 pm, Miles Long <Mi...@Home.net> wrote:
American Patriot wrote:
yes, the clinton years just kept getting better and better and
better.
even though the military was downscaled, those who left the military
during that time were able to get jobs, and at good wages.
republicans today try to say that were it not for the payroll of the
military servicepeople, the US economy would be even worse. heck, the
US economy has lost jobs for the past 6 months under GWBush!
also, the value of the US dollar has continued to decline since 2003
(not much of a concidence, the year the occupations of iraq and
afghanistan) against other world currency. not to mention that
gasoline was $1.40 a gallon back in 2002, and now has hit $4.10
because of the increased demands due to the occupations. and let no
one forget that dick cheney's halliburton, via the no-bid contract
awarded it by GWBush, gets a stipend off of every gallon the troops
use in the occupations of iraq and afghanistan.
leave it to republicans to mess up the US economy. they always do!
vote for fiscal sanity, as well as the poor and middle classes in
2008. vote for democrats!
Here's my contribution to your golden oldies...
http://home.att.net/~jrhsc/jobwelldone.html
A NATION TRANSFORMED
Clinton-Gore Administration Accomplishments: 1993 - 2000
For the past seven and a half years, President Clinton and Vice
President Gore have been guided by three core values: building a
community of all Americans; creating opportunity for all Americans; and
demanding responsibility from all Americans. Pursuing policies based on
these values has resulted in tremendous progress for our nation, and a
strong America at the dawn of the 21st Century. The President and Vice
President are committed to a "New Opportunity Agenda" to build on our
progress and expand our prosperity until it reaches every corner of the
nation.
Economy: the Strongest Economy in a Generation
Longest Economic Expansion in U.S. History. In February 2000, the United
States entered the 107th consecutive month of economic expansion -- the
longest economic expansion in history. [National Bureau of Economic
Research and Council of Economic Advisors]
Moving From Record Deficits to Record Surplus. In 1992, the Federal
budget deficit was $290 billion - the largest dollar deficit in American
history. In January 1993, the Congressional Budget Office projected that
the deficit would grow to $455 billion by 2000. The Office of Management
and Budget is now projecting a surplus of at least $230 billion for 2000
- the third consecutive surplus and the largest surplus ever, even after
adjusting for inflation. Compared with original projections, that is
over $685 billion less in government drain on the economy and over $685
billion more potentially available for private investment in this one
year alone. The 2000 surplus is projected to be 2.4 percent of GDP --
the largest surplus as a share of GDP since 1948. This is the first time
we have had three surpluses in a row in more than a half century, and it
is the second consecutive surplus excluding Social Security. [Office of
Management! and Budget; National Economic Council, 9/27/00]
Paying Off the National Debt. In July 2000, the Treasury Department
announced that the United States will pay off $221 billion of debt this
year -- the largest one-year debt pay down in American history. This
will be the third consecutive year of debt reduction, bringing the
three-year total to $360 billion. Public debt is on track to be $2.4
trillion lower in 2000 than was projected in 1993. Debt reduction brings
real benefits for the American people -- a family with a home mortgage
of $100,000 might expect to save roughly $2,000 per year in mortgage
payments. Reduced debt also means lower interest rates and reduced
payments on car loans and student loans. With the President's plan, we
are now on track to eliminate the nation's publicly held debt by at
least 2012. [Treasury Department, Office of Economic Policy, From
Widening Deficits to Paying Down the Debt: Benefits for the American
People, 8/4/99]
More Than 22 Million New Jobs. 22.2 million new jobs have been created
since 1993, the most jobs ever created under a single Administration --
and more new jobs than Presidents Reagan and Bush created during their
three terms. 92 percent (20 million) of the new jobs have been created
in the private sector, the highest percentage in 50 years. Under
President Clinton and Vice President Gore, the economy has added an
average of 248,000 jobs per month, the highest under any President. This
compares to 52,000 per month under President Bush and 167,000 per month
under President Reagan. [Bureau of Labor Statistics]
Fastest and Longest Real Wage Growth in Over Three Decades. In the last
12 months, average hourly earnings have increased 3.8 percent -- faster
than the rate of inflation. The United States has had five consecutive
years of real wage growth -- the longest consecutive increase since the
1960s. Since 1993, real wages are up 6.5 percent, after declining 4.3
percent during the Reagan and Bush years. [National Economic Council, 6/00]
Household Income Breaks $40,000 for First Time in History. Income for
median households rose $1,072, or 2.7 percent, from $39,744 in 1998 to
$40,816, marking an unprecedented fifth year of significant growth in
income. In 1999, the median income of African American households
increased from $25,911 in 1998 to $27,910 -- an increase of $1,999, or
7.7 percent, which is the largest one-year increase ever recorded. The
income of the median Hispanic household, adjusted for inflation,
increased from $28,956 in 1998 to $30,735 in 1999 -- an increase of
$1,779, or 6.1 percent, which is the largest one-year increase ever
recorded. [Census Bureau, Money Income in the United States: 1999, 9/26/00]
Unemployment is the Lowest in Over Three Decades. Unemployment is down
from 7.5 percent in 1992 to 3.9 percent in September, the lowest in more
than three decades. The unemployment rate has fallen for seven years in
a row, and has remained below 5 percent for 37 months in a row -- over
three full years. Unemployment for African-Americans fell to the lowest
level ever recorded, and for Hispanics it remains at historic lows.
[Bureau of Labor Statistics]
Highest Homeownership Rate in History. The homeownership rate reached
67.2 percent in the second quarter of 2000 -- the highest ever recorded.
Minority homeownership rates were also the highest ever recorded. In
contrast, the homeownership rate fell from 65.6 percent in the first
quarter of 1981 to 63.7 percent in the first quarter of 1993. There are
almost 9 million more homeowners than in 1993. [Bureau of the Census,
7/26/00]
Lowest Poverty Rate Since 1979. In 1999, the poverty rate dropped from
12.7 percent to 11.8 percent, the lowest rate in two decades. Since
President Clinton and Vice President Gore passed their Economic Plan in
1993, the poverty rate has declined from 15.1 percent in 1993 to 11.8
percent in 1999 - the largest six-year drop in poverty in nearly 30
years (1964-1970). There are now 7 million fewer people in poverty than
in 1993, and over 2.2 million, or over 30 percent, of this decline
occurred during the past year. [Census Bureau, Poverty in the United
States: 1999, 9/26/00]
Largest One-Year Drop in Child Poverty in More than Three Decades. Under
President Clinton and Vice President Gore child poverty has dropped by
25.6 percent -- from 22.7 percent in 1993 to 16.9 percent in 1999. While
this is still too high, it is the lowest child poverty rate since 1979
and includes the largest one-year decline since 1966, which occurred
from 1998 to 1999. The African American child poverty rate has fallen
28.2 percent since 1993, and dropped from 36.7 percent in 1998 to 33.1
percent in 1999 -- the largest one-year drop in history and the lowest
level on record (data collected since 1959). The Hispanic child poverty
rate has fallen by 26 percent since 1993, and dropped from 25.6 percent
in 1998 to 22.8 percent in 1999 -- the lowest level since 1979. [Census
Bureau, Poverty in the United States: 1999, 9/26/00]
Families and Communities: Strengthening America's Working Families
Tax Cuts for Working Families. 15 million additional working families
received additional tax relief because of the President's expansion of
the Earned Income Tax Credit. In 1999, the EITC lifted 4.1 million
people out of poverty - nearly double the number lifted out of poverty
by the EITC in 1993. This year, the President proposed expanding the
EITC to provide tax relief to an additional 6.8 million hard-pressed
working families. [Good News for Low Income Families: Expansions in the
EITC and Minimum Wage, CEA, 12/98; Census Bureau]
Helping Parents Balance Work and Family. The Family and Medical Leave
Act allows workers to take up to 12 weeks of unpaid leave to care for
seriously ill family members, new born or adoptive children, or their
own serious health problems without fear of losing their jobs. Nearly 91
million workers (71% of the labor force) are covered by the Family and
Medical Leave Act and millions of workers have benefited from FMLA since
its enactment. President Clinton has proposed expanding FMLA to allow
workers to take up to 24 unpaid hours off each year for school and early
childhood education activities, routine family medical care, and caring
for an elderly relative. [Five Years of Success: Report on FMLA,
Department of Labor, 8/98 (updated number provided 7/99)]
Improved Access to Affordable, Quality Child Care and Early Childhood
Programs. Under the Clinton-Gore Administration, federal funding for
child care has more than doubled, helping parents pay for the care of
about 1.5 million children in 1998, and the1996 welfare reform law
increased child care funding by $4 billion over six years to provide
child ...
Yeah but all the GOP cocksuckers can focus on is "Where's MY 21-year-
old?" The fact that Big Bill got a hummer and didn't have to pay for
it, drives them crazy with fury because they know they'd have to pay
their wives for one.
S. Olson
|
Immediately after that hummer, Billy-Bob went to Israel and handed them
$23 million from Presidential discretionary funds. A blatant misuse of
that fund and a very expensive payment for a Jew Blowjob. I bet you
would have given him the same service for $2.00. As for the great
economy...That was because Billy-Boi didn't mess with Reagenomics.
Neither did the first B ush.. It worked for Reagen, Bush Senior,
Billy-Bob, and The first term for Shrub. But Shrub was too stupid and
oil/Jew greedy to let that continue.
> |
|
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fargo116
Guest
|
| Posted: Wed Jul 09, 2008 2:30 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
On Jul 8, 7:31 pm, Don Ocean <oc...@hotmail.com> wrote:
| Quote: |
fargo116 wrote:
On Jul 7, 9:51 pm, Miles Long <Mi...@Home.net> wrote:
American Patriot wrote:
yes, the clinton years just kept getting better and better and
better.
even though the military was downscaled, those who left the military
during that time were able to get jobs, and at good wages.
republicans today try to say that were it not for the payroll of the
military servicepeople, the US economy would be even worse. heck, the
US economy has lost jobs for the past 6 months under GWBush!
also, the value of the US dollar has continued to decline since 2003
(not much of a concidence, the year the occupations of iraq and
afghanistan) against other world currency. not to mention that
gasoline was $1.40 a gallon back in 2002, and now has hit $4.10
because of the increased demands due to the occupations. and let no
one forget that dick cheney's halliburton, via the no-bid contract
awarded it by GWBush, gets a stipend off of every gallon the troops
use in the occupations of iraq and afghanistan.
leave it to republicans to mess up the US economy. they always do!
vote for fiscal sanity, as well as the poor and middle classes in
2008. vote for democrats!
Here's my contribution to your golden oldies...
http://home.att.net/~jrhsc/jobwelldone.html
A NATION TRANSFORMED
Clinton-Gore Administration Accomplishments: 1993 - 2000
For the past seven and a half years, President Clinton and Vice
President Gore have been guided by three core values: building a
community of all Americans; creating opportunity for all Americans; and
demanding responsibility from all Americans. Pursuing policies based on
these values has resulted in tremendous progress for our nation, and a
strong America at the dawn of the 21st Century. The President and Vice
President are committed to a "New Opportunity Agenda" to build on our
progress and expand our prosperity until it reaches every corner of the
nation.
Economy: the Strongest Economy in a Generation
Longest Economic Expansion in U.S. History. In February 2000, the United
States entered the 107th consecutive month of economic expansion -- the
longest economic expansion in history. [National Bureau of Economic
Research and Council of Economic Advisors]
Moving From Record Deficits to Record Surplus. In 1992, the Federal
budget deficit was $290 billion - the largest dollar deficit in American
history. In January 1993, the Congressional Budget Office projected that
the deficit would grow to $455 billion by 2000. The Office of Management
and Budget is now projecting a surplus of at least $230 billion for 2000
- the third consecutive surplus and the largest surplus ever, even after
adjusting for inflation. Compared with original projections, that is
over $685 billion less in government drain on the economy and over $685
billion more potentially available for private investment in this one
year alone. The 2000 surplus is projected to be 2.4 percent of GDP --
the largest surplus as a share of GDP since 1948. This is the first time
we have had three surpluses in a row in more than a half century, and it
is the second consecutive surplus excluding Social Security. [Office of
Management! and Budget; National Economic Council, 9/27/00]
Paying Off the National Debt. In July 2000, the Treasury Department
announced that the United States will pay off $221 billion of debt this
year -- the largest one-year debt pay down in American history. This
will be the third consecutive year of debt reduction, bringing the
three-year total to $360 billion. Public debt is on track to be $2.4
trillion lower in 2000 than was projected in 1993. Debt reduction brings
real benefits for the American people -- a family with a home mortgage
of $100,000 might expect to save roughly $2,000 per year in mortgage
payments. Reduced debt also means lower interest rates and reduced
payments on car loans and student loans. With the President's plan, we
are now on track to eliminate the nation's publicly held debt by at
least 2012. [Treasury Department, Office of Economic Policy, From
Widening Deficits to Paying Down the Debt: Benefits for the American
People, 8/4/99]
More Than 22 Million New Jobs. 22.2 million new jobs have been created
since 1993, the most jobs ever created under a single Administration --
and more new jobs than Presidents Reagan and Bush created during their
three terms. 92 percent (20 million) of the new jobs have been created
in the private sector, the highest percentage in 50 years. Under
President Clinton and Vice President Gore, the economy has added an
average of 248,000 jobs per month, the highest under any President. This
compares to 52,000 per month under President Bush and 167,000 per month
under President Reagan. [Bureau of Labor Statistics]
Fastest and Longest Real Wage Growth in Over Three Decades. In the last
12 months, average hourly earnings have increased 3.8 percent -- faster
than the rate of inflation. The United States has had five consecutive
years of real wage growth -- the longest consecutive increase since the
1960s. Since 1993, real wages are up 6.5 percent, after declining 4.3
percent during the Reagan and Bush years. [National Economic Council, 6/00]
Household Income Breaks $40,000 for First Time in History. Income for
median households rose $1,072, or 2.7 percent, from $39,744 in 1998 to
$40,816, marking an unprecedented fifth year of significant growth in
income. In 1999, the median income of African American households
increased from $25,911 in 1998 to $27,910 -- an increase of $1,999, or
7.7 percent, which is the largest one-year increase ever recorded. The
income of the median Hispanic household, adjusted for inflation,
increased from $28,956 in 1998 to $30,735 in 1999 -- an increase of
$1,779, or 6.1 percent, which is the largest one-year increase ever
recorded. [Census Bureau, Money Income in the United States: 1999, 9/26/00]
Unemployment is the Lowest in Over Three Decades. Unemployment is down
from 7.5 percent in 1992 to 3.9 percent in September, the lowest in more
than three decades. The unemployment rate has fallen for seven years in
a row, and has remained below 5 percent for 37 months in a row -- over
three full years. Unemployment for African-Americans fell to the lowest
level ever recorded, and for Hispanics it remains at historic lows.
[Bureau of Labor Statistics]
Highest Homeownership Rate in History. The homeownership rate reached
67.2 percent in the second quarter of 2000 -- the highest ever recorded.
Minority homeownership rates were also the highest ever recorded. In
contrast, the homeownership rate fell from 65.6 percent in the first
quarter of 1981 to 63.7 percent in the first quarter of 1993. There are
almost 9 million more homeowners than in 1993. [Bureau of the Census,
7/26/00]
Lowest Poverty Rate Since 1979. In 1999, the poverty rate dropped from
12.7 percent to 11.8 percent, the lowest rate in two decades. Since
President Clinton and Vice President Gore passed their Economic Plan in
1993, the poverty rate has declined from 15.1 percent in 1993 to 11.8
percent in 1999 - the largest six-year drop in poverty in nearly 30
years (1964-1970). There are now 7 million fewer people in poverty than
in 1993, and over 2.2 million, or over 30 percent, of this decline
occurred during the past year. [Census Bureau, Poverty in the United
States: 1999, 9/26/00]
Largest One-Year Drop in Child Poverty in More than Three Decades. Under
President Clinton and Vice President Gore child poverty has dropped by
25.6 percent -- from 22.7 percent in 1993 to 16.9 percent in 1999. While
this is still too high, it is the lowest child poverty rate since 1979
and includes the largest one-year decline since 1966, which occurred
from 1998 to 1999. The African American child poverty rate has fallen
28.2 percent since 1993, and dropped from 36.7 percent in 1998 to 33.1
percent in 1999 -- the largest one-year drop in history and the lowest
level on record (data collected since 1959). The Hispanic child poverty
rate has fallen by 26 percent since 1993, and dropped from 25.6 percent
in 1998 to 22.8 percent in 1999 -- the lowest level since 1979. [Census
Bureau, Poverty in the United States: 1999, 9/26/00]
Families and Communities: Strengthening America's Working Families
Tax Cuts for Working Families. 15 million additional working families
received additional tax relief because of the President's expansion of
the Earned Income Tax Credit. In 1999, the EITC lifted 4.1 million
people out of poverty - nearly double the number lifted out of poverty
by the EITC in 1993. This year, the President proposed expanding the
EITC to provide tax relief to an additional 6.8 million hard-pressed
working families. [Good News for Low Income Families: Expansions in the
EITC and Minimum Wage, CEA, 12/98; Census Bureau]
Helping Parents Balance Work and Family. The Family and Medical Leave
Act allows workers to take up to 12 weeks of unpaid leave to care for
seriously ill family members, new born or adoptive children, or their
own serious health problems without fear of losing their jobs. Nearly 91
million workers (71% of the labor force) are covered by the Family and
Medical Leave Act and millions of workers have benefited from FMLA since
its enactment. President Clinton has proposed expanding FMLA to allow
workers to take up to 24 unpaid hours off each year for school and early
childhood education activities, routine family medical care, and caring
for an elderly relative. [Five Years of Success: Report on FMLA,
Department of Labor, 8/98 (updated number provided 7/99)]
Improved Access to Affordable, Quality Child Care and Early Childhood
Programs. Under the Clinton-Gore Administration, federal funding for
child care has more than doubled, helping parents pay for the care of
about 1.5 million children in 1998, and the1996 welfare reform law
increased child care funding by $4 billion over six years to provide
child ...
Yeah but all the GOP cocksuckers can focus on is "Where's MY 21-year-
old?" The fact that Big Bill got a hummer and didn't have to pay for
it, drives them crazy with fury because they know they'd have to pay
their wives for one.
S. Olson
Immediately after that hummer, Billy-Bob went to Israel and handed them
$23 million from Presidential discretionary funds. A blatant misuse of
that fund and a very expensive payment for a Jew Blowjob. I bet you
would have given him the same service for $2.00. As for the great
economy...That was because Billy-Boi didn't mess with Reagenomics.
Neither did the first B ush.. It worked for Reagen, Bush Senior,
Billy-Bob, and The first term for Shrub. But Shrub was too stupid and
oil/Jew greedy to let that continue.
|
LOL....actually, he did no such thing, Donny. You're just FURIOUS with
helpless rage that Big Bill got something for free--from a fat Jewess,
no less--that you'd have to pay a young boy to get.
Big Bill 'messed' with Reaganomics from Day One. So did Bush the
Smarter, remember Bush the Smarter's "read my lips" thing? They knew
it was unworkable. Big Bill raised taxes on the rich to pay for
Reagan's deficits, which were huge. If Big BIll didn't 'mess with
Reaganomics' what are you so angry about? LOL.
Then he goes and hands the Drunken Frat Boy a $230 billion surplus,
which the Drunken Frat Boy proceeds to blow, along with another $400
billion amd the lives of more than 4,100 kids in a country that never
attacked us.
S. Olson |
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Guest
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| Posted: Wed Jul 09, 2008 10:30 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
On Jul 8, 11:19 am, "Lamont Cranston"
<Lamont.Crans...@intheshadows.com> wrote:
| Quote: |
Neolibertarian wrote:
In article
ea1271c4-c0f4-42aa-9055-38e743160...@l42g2000hsc.googlegroups.com>,
American Patriot <SincereQuestio...@gmail.com> wrote:
yes, the clinton years just kept getting better and
better and
better.
Clinton had to fight the GOP's for every penny of
increases in Federal
spending. He even had to temporarily lay off a couple
hundred thousand
federal workers at one point.
Obama won't have a GOP congress to fight.
Both he and the Dem leadership are chomping at the bit to
wildly
increase federal spending.
Really? Ending the war in Iraq will increase federal
spending?
You can't tax your way to prosperity. You can't even tax
your way to
lower gas prices.
Yet, when Clinton increased taxes to ease the pressure on
the capital markets, prosperity occurred. Go figure, huh?- Hide quoted text -
- Show quoted text -
|
well, if it is as you said, it worked! and that is all that matters |
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Guest
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| Posted: Wed Jul 09, 2008 10:31 pm Post subject: Re: Bill Clinton oversaw the return of the American economy |
|
|
On Jul 8, 8:36 pm, fargo116 <fargo...@yahoo.com> wrote:
| Quote: |
On Jul 7, 5:19 pm, American Patriot <SincereQuestio...@gmail.com
wrote:
...republicans today try to say that were it not for the payroll of the
military servicepeople, the US economy would be even worse....
Yes, there is a scientific name for this. It's called 'WHINING.'
S. Olson
|
yes, and we all wonder what cheese they would like with that whine! |
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