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  #21 (permalink)  
Old 06-07-2008, 06:50 AM
WileE WileE is offline
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Arrow f0ca1:

I really don't get what your point is, as you didn't voice any opinion -- just posted a link to a say-nothing article. As for myself, I think we're doing pretty well, considering the escalating energy costs. As to the Bush-McCain recession-that-never-was...well, that's just so much media bias.
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  #22 (permalink)  
Old 06-07-2008, 07:05 AM
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Wow, Obama gets the nomination and the first thing that happens is unemployment goes up.

Just imagine how bad it's gonna be if he becomes President.
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Old 06-07-2008, 09:33 AM
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I love this part.


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I think Obama is going to do that. He talks about it all the time. I just hope he can stop it. But I am all for Obama getting congress out of the money culture
He GETS me, He REALLY REALLY GETS me!~

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Old 06-07-2008, 09:37 AM
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Originally Posted by WileE View Post
I really don't get what your point is, as you didn't voice any opinion -- just posted a link to a say-nothing article.
The point is, those who take economic optimism as a patriotic duty can only prop up a downward trend for a finite period.

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As for myself, I think we're doing pretty well, considering the escalating energy costs. As to the Bush-McCain recession-that-never-was...well, that's just so much media bias.
There wasn't technically a recession in 1992, either.
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Old 06-07-2008, 10:04 AM
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Originally Posted by f0ca1 View Post
The point is, those who take economic optimism as a patriotic duty can only prop up a downward trend for a finite period.



There wasn't technically a recession in 1992, either.

No, there was no Recession in 1992. There was however a very mild recession in late 1990 with the last qrtr of 90 and the first of 91 realizing negative growth.

1992 realized an excellent economy, which was being reported by the same mainstream media which talked down the outstanding economic performance of Bush fiscal and tax policy. But that was only fair considering they talked up the ruinous tax and fiscal policy of the Clinton regime.

"Its the Economy Stupid" which the Clinton campaign and its sycophants in the MSM media heralded in an hourly basis, falsely claiming that 1992 was "the worst economy in 50 Years!" In fact, 1992 realized nearly 6% growth in GDP which out performed four of the 8 years of the Clintonomy.

Ironically, the last year of the Clintonomy was outperformed by "The Worst Economy in 50 years by a full 2 percentage points and th last year in which its economic policy remained fully in effect "The Worst Economy in 50 Years" outperformed Clintonomy Policy by nearly 5 percentage points.

Now this is according ot the Bureau of Economic Analysis, but all they do is crunch economic data so they're objectivity is automatically suspect.
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Old 06-07-2008, 10:14 AM
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1992 realized an excellent economy, which was being reported by the same mainstream media which talked down the outstanding economic performance of Bush fiscal and tax policy..
You're talking about Clinton's Budget Surplus, and Bush's massive debts?

What about the other 4 years of "clintonomy,"? Forget about those? That was the strongest the economy has ever been. The country was flush.

Unemployment has steadily rose since 2000. Energy costs have gone up 400%. The country has returned to deficit spending. The dollar is weaker and weaker against every major currency.

And government revenues have slowed, while spending has increased.

You can note that this isn't technically a recession, because, we skated by with .05% growth last quarter.

But the housing crisis is far from over. Energy costs will only increase. And we're still going deeply into debt to pay for foreign wars of choice.
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Old 06-07-2008, 10:15 AM
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Quote:
Originally Posted by JeromeJohnson View Post
No, there was no Recession in 1992. There was however a very mild recession in late 1990 with the last qrtr of 90 and the first of 91 realizing negative growth.

1992 realized an excellent economy, which was being reported by the same mainstream media which talked down the outstanding economic performance of Bush fiscal and tax policy. But that was only fair considering they talked up the ruinous tax and fiscal policy of the Clinton regime.

"Its the Economy Stupid" which the Clinton campaign and its sycophants in the MSM media heralded in an hourly basis, falsely claiming that 1992 was "the worst economy in 50 Years!" In fact, 1992 realized nearly 6% growth in GDP which out performed four of the 8 years of the Clintonomy.

Ironically, the last year of the Clintonomy was outperformed by "The Worst Economy in 50 years by a full 2 percentage points and th last year in which its economic policy remained fully in effect "The Worst Economy in 50 Years" outperformed Clintonomy Policy by nearly 5 percentage points.

Now this is according ot the Bureau of Economic Analysis, but all they do is crunch economic data so they're objectivity is automatically suspect.
I'm guessing the falling dollar, the housing market, and the rise on of unemployment is due to Bush's great economic policies.


How is there objectivity question? They don't have any officially or unofficially allegiance to any political party. In fact most economist are about lowering taxes and proponents of free market.
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Old 06-07-2008, 12:19 PM
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Anybody notice how Bush's apologists tend to start their posts with, "I think we're doing very well considering ..." and then a trail of excuses follow?

I'm hearing lots of excuses for why this administration's economic policies have failed. But that's all they are. Excuses. Face facts: those policies were bad ideas, just like everybody said in the beginning.
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Old 06-07-2008, 12:22 PM
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Obama has never met a social program he didn't like. Thus, the bloat gets more bloated.
.....but neither has President Bush and you voted for him twice, so what is your point?


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  #30 (permalink)  
Old 06-07-2008, 01:04 PM
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Quote:
Originally Posted by superbadbrutha View Post
.....but neither has President Bush and you voted for him twice, so what is your point?


E.Pluribus Unum
I voted for him? That's supposing a little much, isn't it?

I'm not sure where you're going with this.
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