B757300 From United States of America, joined Dec 2000, 4114 posts, RR: 25 Posted (9 years 6 months 3 weeks 1 day 15 hours ago) and read 789 times:
Well, it looks like the economy is finally recovering from the recession that started under Clinton and was reinforced by jihadist-kamikazes on Sept. 11th. Thanks to President Bush’s tax cut, the economy is finally rebounding.
- The stock market is up
- Manufacturing is up
- GDP grew by 7.2% in the third quarter
- Construction spending is up
- Consumer confidence is up
- Unemployment is beginning to fall
(Job market is always the last to recover. That’s why it is called the lagging indicator.)
I can hear the gnashing of teeth @ the DNC all the way down here in Texas. The only thing left for the Democrats is to hope and pray for more Americans to die in Iraq since that is their last possible campaign issue. Sad that one must hope Americans die in order to regain power.
Mbmbos From United States of America, joined May 2000, 2561 posts, RR: 1 Reply 3, posted (9 years 6 months 3 weeks 1 day 15 hours ago) and read 770 times:
...recessions are caused by Democrats and recoveries are caused by Republicans.
Pretty transparent, B757300.
Oh, and by the way, the way GDP is calculated and the way unemployment is calculated has been radically revamped; and the most recently released economic numbers are a result of those smoke-and-mirror adjustments.
We may or may not been in the midst of an economic recovery. But we'll never know for sure because our present administration is comprised of a bunch of pathological liars.
Jaysit From , joined Dec 1969, posts, RR: Reply 6, posted (9 years 6 months 3 weeks 1 day 14 hours ago) and read 735 times:
We had a blip 18 months ago where the GDP growth was about 5.4 %, then it dropped to less than 1/2 a percent in the next quarter. It remains to be seen if this is an indicator of better things to come and if the stock market rallies with concurrent job increases. One can only hope so.
Until then 7.8% to the unemployed is just another number.
"The only thing left for the Democrats is to hope and pray for more Americans to die in Iraq since that is their last possible campaign issue."
You are one sick puppy, considering that it was Dubya, that big draft-dodger, who sent those boys to die in the first place. The last time I checked Dems never lobbied for dead soldiers to keep the Cheneys of the world in ideological splendor. Get a grip.
VectorVictor From United States of America, joined Feb 2005, 0 posts, RR: 0 Reply 7, posted (9 years 6 months 3 weeks 1 day 14 hours ago) and read 718 times:
...FINALLY slightly improving under power of that idiot, it is suddenly all Clinton's fault?
Well it may not directly be Clinton's fault, but the tech collapse started in 1999...over 15 months before President Bush took office. If one blames Bush economic difficulties, than Clinton must shoulder the accusations as well.
Which begs the question, why are you even responding to this thread? Its gets a little tiring seeing your daily drivel all over non-aviation denoucing Bush, conservatives, USA et al.
Perhaps you should concern yourself with Belgium's annual growth rate: predicted to be a paltry 1.2% (for the year).
Continental From United States of America, joined Jun 2000, 5476 posts, RR: 21 Reply 9, posted (9 years 6 months 3 weeks 1 day 11 hours ago) and read 690 times:
Haha, we'll see. I really doubt that Bush can do us anymore good, btw DEMOs 2004! So many poor decisions produced by him, it's becoming sick. I don't understand how people could like Bush. Not talking about the economy, but I remember not too long ago Bush made a speech about how we're kicking ass in Iraq (come on, winning the war in Iraq!? No duh, Poland could do it!) and suddenly his approval rating shot up a bit. People are so dumb, it's as if he brainwashed him!!!!!!!!!!!!!!!!
Lehpron From United States of America, joined Jul 2001, 7028 posts, RR: 22 Reply 10, posted (9 years 6 months 3 weeks 1 day 11 hours ago) and read 684 times:
Dude what is it with you and your issues with Democrats, huh, who cares?
Don't you get it that a majority of Democrats when they get into office act the same as Republicans? What does that tell you? It means they are all full of shit. They only act different outside Washington to get folkss like you all riled up. And for what, honestly?
Why don't you focus on the problem instead of the parties involved huh?
The meaning of life is curiosity; we were put on this planet to explore opportunities.
N79969 From , joined Dec 1969, posts, RR: Reply 16, posted (9 years 6 months 3 weeks 1 day 8 hours ago) and read 634 times:
To take it to its simplest form, Clinton handed over a shrinking economy to GWB and now maybe, just maybe the economy is growing again. If the 4Q of this year is also positive, then Bush can credibly argue that the inflection point occured under his watch and attempt to take credit.
Personally, I would not give GWB's policy too much credit for a rebound. Sure his tax cut helped but I think (without having built an econometric model) that most of any recovery will be attributed to the normal business cycle.
Given Tom Daschle's hysterics about the economy earlier this year, he should eat crow. (He won't). And so should Paul Krugman for his incessant whining in the NYTimes.
When firms do start hiring again, the democrats will almost surely point out that the jobs pay less than those jobs 'created' under Clinton's watch. The truth is that Clinton presided over an unsustainable bubble economy. Dot com startups were paying fresh-out-of school liberal arts graduate with no real skills $70K plus stock options for drooling on themselves. Those good ol' days thankfully will not be back anytime soon. The next time college grads are making $70K fresh out of school, they will actually be worth it.