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#1
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OT Righties, tell us again how well the economy is!
Here are some facts. Let's see how the right wingers spin these!!!
-- When Bush took office on Jan. 20, 2001, the Dow Jones industrial average was at 10,587.59. It closed Tuesday at 9,944.67. -- When Bush took office, the unemployment rate was 4.2 percent. It's now 5.5 percent, according to the Labor Department. -- When Bush took office, U.S. consumer debt totaled almost $1.7 trillion. It's now $2.038 trillion, according to the Federal Reserve. -- When Bush took office, bankruptcy filings during the previous year totaled almost 1.3 million, down 5 percent from a year before. By Dec. 31, 2003, bankruptcies had hit a record of nearly 1.7 million, up 5.2 percent from 2002, according to the American Bankruptcy Institute. -- When Bush took office, the federal budget had been balanced for three straight years and was, in the 2000 fiscal year, running a surplus of $236 billion -- the largest in U.S. history. The White House is projecting a record budget deficit this year of $445 billion. |
#2
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OT Righties, tell us again how well the economy is!
"basskisser" wrote in message . Here are some facts. Let's see how the right wingers spin these!!! God, bass, you're so easy. You find these factoids someplace else, and post them here as if everyone's supposed to be awed by your perspicacity. Fact is that statistical snapshots are meaningless without ancillary data relating to trends and outside mitigating factors. Example: 2 to 4 times in the past 24 hours you've held your own organ in your hand. Does this fact by itself have any meaning, positive or negative? No. Ancillary data is required to ascertain exactly what was going on. :-) |
#3
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OT Righties, tell us again how well the economy is!
"basskisser" wrote in message om... As suspected....it's all Clinton's fault!! I knew when given the facts you could not argue the point! Greg |
#4
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OT Righties, tell us again how well the economy is!
"Greg O" wrote in message ...
"basskisser" wrote in message om... As suspected....it's all Clinton's fault!! I knew when given the facts you could not argue the point! Greg You gave nothing but unsubstainiated opinion. Here are facts: -- When Bush took office on Jan. 20, 2001, the Dow Jones industrial average was at 10,587.59. It closed Tuesday at 9,944.67. -- When Bush took office, the unemployment rate was 4.2 percent. It's now 5.5 percent, according to the Labor Department. -- When Bush took office, U.S. consumer debt totaled almost $1.7 trillion. It's now $2.038 trillion, according to the Federal Reserve. -- When Bush took office, bankruptcy filings during the previous year totaled almost 1.3 million, down 5 percent from a year before. By Dec. 31, 2003, bankruptcies had hit a record of nearly 1.7 million, up 5.2 percent from 2002, according to the American Bankruptcy Institute. -- When Bush took office, the federal budget had been balanced for three straight years and was, in the 2000 fiscal year, running a surplus of $236 billion -- the largest in U.S. history. The White House is projecting a record budget deficit this year of $445 billion. |
#5
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OT Righties, tell us again how well the economy is!
"basskisser" wrote in message om... "Greg O" wrote in message ... "basskisser" wrote in message om... As suspected....it's all Clinton's fault!! I knew when given the facts you could not argue the point! Greg You gave nothing but unsubstainiated opinion. Here are facts: -- When Bush took office on Jan. 20, 2001, the Dow Jones industrial average was at 10,587.59. It closed Tuesday at 9,944.67. -- When Bush took office, the unemployment rate was 4.2 percent. It's now 5.5 percent, according to the Labor Department. -- When Bush took office, U.S. consumer debt totaled almost $1.7 trillion. It's now $2.038 trillion, according to the Federal Reserve. -- When Bush took office, bankruptcy filings during the previous year totaled almost 1.3 million, down 5 percent from a year before. By Dec. 31, 2003, bankruptcies had hit a record of nearly 1.7 million, up 5.2 percent from 2002, according to the American Bankruptcy Institute. -- When Bush took office, the federal budget had been balanced for three straight years and was, in the 2000 fiscal year, running a surplus of $236 billion -- the largest in U.S. history. The White House is projecting a record budget deficit this year of $445 billion. And I would have bet that no matter who was the next president after Clinton, things would not be very much differant, Dem or republican. Did you honestly expect the economy to keep running at the pace it was?? We were due for a slow down, the next president in office had nothing to do with it! Before the election I was moving my investments out of the stock market to bond funds. About one year ago I moved back into the stock market! Damn! I am smelling like a rose! Right now I am a bit befuddled on what to do, run and hide back in bond funds, or ride out the electin. It is a bit harder to tell what the market may do. I expect a dip, no matter who wins, but how much of a dip?! Greg |
#6
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"Greg O" wrote in message ...
"basskisser" wrote in message om... "Greg O" wrote in message ... "basskisser" wrote in message om... As suspected....it's all Clinton's fault!! I knew when given the facts you could not argue the point! Greg You gave nothing but unsubstainiated opinion. Here are facts: -- When Bush took office on Jan. 20, 2001, the Dow Jones industrial average was at 10,587.59. It closed Tuesday at 9,944.67. -- When Bush took office, the unemployment rate was 4.2 percent. It's now 5.5 percent, according to the Labor Department. -- When Bush took office, U.S. consumer debt totaled almost $1.7 trillion. It's now $2.038 trillion, according to the Federal Reserve. -- When Bush took office, bankruptcy filings during the previous year totaled almost 1.3 million, down 5 percent from a year before. By Dec. 31, 2003, bankruptcies had hit a record of nearly 1.7 million, up 5.2 percent from 2002, according to the American Bankruptcy Institute. -- When Bush took office, the federal budget had been balanced for three straight years and was, in the 2000 fiscal year, running a surplus of $236 billion -- the largest in U.S. history. The White House is projecting a record budget deficit this year of $445 billion. And I would have bet that no matter who was the next president after Clinton, things would not be very much differant, Dem or republican. Did you honestly expect the economy to keep running at the pace it was?? We were due for a slow down, the next president in office had nothing to do with it! Before the election I was moving my investments out of the stock market to bond funds. About one year ago I moved back into the stock market! Damn! I am smelling like a rose! Right now I am a bit befuddled on what to do, run and hide back in bond funds, or ride out the electin. It is a bit harder to tell what the market may do. I expect a dip, no matter who wins, but how much of a dip?! Greg The way BushCo is butchering the economy, there is no telling what will happen next. The trouble is, we (the government) are so far in debt now that it will take some drastic changes. |
#7
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"basskisser" wrote in message om... "Greg O" wrote in message ... "basskisser" wrote in message om... "Greg O" wrote in message ... "basskisser" wrote in message om... As suspected....it's all Clinton's fault!! I knew when given the facts you could not argue the point! Greg You gave nothing but unsubstainiated opinion. Here are facts: -- When Bush took office on Jan. 20, 2001, the Dow Jones industrial average was at 10,587.59. It closed Tuesday at 9,944.67. -- When Bush took office, the unemployment rate was 4.2 percent. It's now 5.5 percent, according to the Labor Department. -- When Bush took office, U.S. consumer debt totaled almost $1.7 trillion. It's now $2.038 trillion, according to the Federal Reserve. -- When Bush took office, bankruptcy filings during the previous year totaled almost 1.3 million, down 5 percent from a year before. By Dec. 31, 2003, bankruptcies had hit a record of nearly 1.7 million, up 5.2 percent from 2002, according to the American Bankruptcy Institute. -- When Bush took office, the federal budget had been balanced for three straight years and was, in the 2000 fiscal year, running a surplus of $236 billion -- the largest in U.S. history. The White House is projecting a record budget deficit this year of $445 billion. And I would have bet that no matter who was the next president after Clinton, things would not be very much differant, Dem or republican. Did you honestly expect the economy to keep running at the pace it was?? We were due for a slow down, the next president in office had nothing to do with it! Before the election I was moving my investments out of the stock market to bond funds. About one year ago I moved back into the stock market! Damn! I am smelling like a rose! Right now I am a bit befuddled on what to do, run and hide back in bond funds, or ride out the electin. It is a bit harder to tell what the market may do. I expect a dip, no matter who wins, but how much of a dip?! Greg The way BushCo is butchering the economy, there is no telling what will happen next. The trouble is, we (the government) are so far in debt now that it will take some drastic changes. So how is Bush "butchering" the economy bass? |
#8
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"jim--" wrote in message ...
"basskisser" wrote in message om... "Greg O" wrote in message ... "basskisser" wrote in message om... "Greg O" wrote in message ... "basskisser" wrote in message om... As suspected....it's all Clinton's fault!! I knew when given the facts you could not argue the point! Greg You gave nothing but unsubstainiated opinion. Here are facts: -- When Bush took office on Jan. 20, 2001, the Dow Jones industrial average was at 10,587.59. It closed Tuesday at 9,944.67. -- When Bush took office, the unemployment rate was 4.2 percent. It's now 5.5 percent, according to the Labor Department. -- When Bush took office, U.S. consumer debt totaled almost $1.7 trillion. It's now $2.038 trillion, according to the Federal Reserve. -- When Bush took office, bankruptcy filings during the previous year totaled almost 1.3 million, down 5 percent from a year before. By Dec. 31, 2003, bankruptcies had hit a record of nearly 1.7 million, up 5.2 percent from 2002, according to the American Bankruptcy Institute. -- When Bush took office, the federal budget had been balanced for three straight years and was, in the 2000 fiscal year, running a surplus of $236 billion -- the largest in U.S. history. The White House is projecting a record budget deficit this year of $445 billion. And I would have bet that no matter who was the next president after Clinton, things would not be very much differant, Dem or republican. Did you honestly expect the economy to keep running at the pace it was?? We were due for a slow down, the next president in office had nothing to do with it! Before the election I was moving my investments out of the stock market to bond funds. About one year ago I moved back into the stock market! Damn! I am smelling like a rose! Right now I am a bit befuddled on what to do, run and hide back in bond funds, or ride out the electin. It is a bit harder to tell what the market may do. I expect a dip, no matter who wins, but how much of a dip?! Greg The way BushCo is butchering the economy, there is no telling what will happen next. The trouble is, we (the government) are so far in debt now that it will take some drastic changes. So how is Bush "butchering" the economy bass? 1. Price of crude 2. Running the largest defecit we've ever had. 3. Even Federal Reserve Board Chairman Alan Greenspan has repeatedly said that a tax cut without reductions in federal spending would send our deficit into a tailspin, but Bush did it anyway. 4. Bush promised, while campaining, that if elected, there would be a "new era of responsibility. He's not been responsible at all, and even goes so far as to blame China for OUR butchered economy. 5. That's about it, blame someone else, don't take another look at his hideous tax cuts, no rethinking GATT or NAFTA, and certainly don't take any advice from someone who actually KNOWS how the economy works. 6. Insulting foreigners, the Chinese in particular, every time he has to give a speech, by saying inflammatory things, say tough-sounding things, like that "he wants to send a message overseas that Americans "expect there to be a fair playing field when it comes to trade." 7. He put approx. 3 million people out of work. 8. He sold America out to special interests. All in all, BushCo is painting a rosy picture, and you righties that are lemming-like, eat it hook, line and sinker. The rosy picture isn't there. The economy is still ****ed up. |
#9
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So how is Bush "butchering" the economy bass?
Basskisser charged: 1. Price of crude Hard to drop that one directly on Bush. There are always some political influences in the price of basic raw materials, but the underlying fact is that we've been steadfastly ignoring the shifting balance between crude oil supply and demand for several decades. 2. Running the largest defecit we've ever had. Got 'im fair and square on that one. The Republican congress writes the checks, but they aren't any good until Bush signs 'em. 3. 3. Even Federal Reserve Board Chairman Alan Greenspan has repeatedly said that a tax cut without reductions in federal spending would send our deficit into a tailspin, but Bush did it anyway. What does Greenspan know? He's an economist. Everybody knows that politicians make better economists than economists do. 4. Bush promised, while campaining, that if elected, there would be a "new era of responsibility. He's not been responsible at all, and even goes so far as to blame China for OUR butchered economy. He's kept that promise. Liberals and democrats are now "repsonsible" for everything the least bit wrong with this country. Where have you been? ................. 7. He put approx. 3 million people out of work. No he didn't. There are 1,2, or 3 million more unemployed people now that when Bush took office, (depending on how you want to measure the problem and define "unemployed"), but just like Clinton can't take credit for the employment boom that happened on his watch, you can't blame Bush directly for the decline since he's been in office. The Republican philosophy is less concerned with whether people are working than with whether capital investment is adequately rewarded, but that's not a personal failing of Bush. 8. He sold America out to special interests. Not hardly. Those same special interests own Bush too. It is imperative to get rid of Bush this fall, not because he's such a bad guy, but because his puppeteers operate with a complete disregard for all but a tiny fraction of our population. |
#10
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