- Joined
- Jan 5, 2003
- Messages
- 1,788
Jimmie Carter left office with a $37,000,000,000 surplus. In less than six months, Reagan had tuned that into a $150,000,000,000 deficit.
Clinton turned Bush senior's deficit into a budget surplus. Clinton left office with a booming economy and growing budget surplus.
"Junior", true to form, (just like his "Daddykins" and Reagan), has ballooned that surplus into a projected $1,000,000,000,000 (one trillion dollar) deficit in five years.
*One Trillion = one thousand BILLIONs.
**One Billion = one thousand MILLION.
I'm doing the math and something stinks.
And don't give me "he was (or about to) fighting a war." Clinton went out of his way to "commit war" damn near anywhere he could.
Strange: Clinton cut taxes a couple of times and the economy took off. Baby Bush cut taxes a couple of times and the economy is sliding down the toilet. Make me understand why people continue to vote for Republicans who get us in so much economic trouble while they take good care of their friends?
Are you better off in 2003 with Junior than you were in (pick a year) with Clinton?
Is your retirement safe under Baby Bush or will it go the way of your dwindling 401K?
How much IS your 401K worth today? Two years ago? 1995?
You could buy more with Jimmie Carter's hugely inflated 1980 dollars than you can with Junior's 2003 post-Clinton money.
When new houses* stop selling so briskly, this economy would slide down the slippery slope of depression.
*The number of new housing starts is at a plateau. When we run out of people to buy new housing, the depression will start.
**New housing is selling briskly for one reason: no one trusts the stock market and real estate is always a good investment, even ina depressed stock market.
Clinton turned Bush senior's deficit into a budget surplus. Clinton left office with a booming economy and growing budget surplus.
"Junior", true to form, (just like his "Daddykins" and Reagan), has ballooned that surplus into a projected $1,000,000,000,000 (one trillion dollar) deficit in five years.
*One Trillion = one thousand BILLIONs.
**One Billion = one thousand MILLION.
I'm doing the math and something stinks.
And don't give me "he was (or about to) fighting a war." Clinton went out of his way to "commit war" damn near anywhere he could.
Strange: Clinton cut taxes a couple of times and the economy took off. Baby Bush cut taxes a couple of times and the economy is sliding down the toilet. Make me understand why people continue to vote for Republicans who get us in so much economic trouble while they take good care of their friends?
Are you better off in 2003 with Junior than you were in (pick a year) with Clinton?
Is your retirement safe under Baby Bush or will it go the way of your dwindling 401K?
How much IS your 401K worth today? Two years ago? 1995?
You could buy more with Jimmie Carter's hugely inflated 1980 dollars than you can with Junior's 2003 post-Clinton money.
When new houses* stop selling so briskly, this economy would slide down the slippery slope of depression.
*The number of new housing starts is at a plateau. When we run out of people to buy new housing, the depression will start.
**New housing is selling briskly for one reason: no one trusts the stock market and real estate is always a good investment, even ina depressed stock market.