PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Sedohr Nod who wrote (643630)	10/13/2004 8:55:12 AM
From: DuckTapeSunroof	Read Replies (1) of 769670

Actually... Carter's economy (with the one significant exception of inflation) looked far better then during this latest Bush.... Carter GDP growth rate --- just over 3% Bush II GDP growth rate --- just over 2% Carter Deficit as % of GDP --- just over 2% (& with more honest accounting, too.) Bush II Deficit --- over 3% (average), 4.5% current. DOW under BOTH Presidents --- just a smidge over or under 0%. Job growth (non-farm payrolls), Carter --- over 3% Bush II --- negative 0.5% Inflation, Carter --- 10% Bush II --- 1% Of course, Carter didn't CAUSE the inflation... it started in the mid sixties and grew all through the seventies with the oil shocks, and Nixon taking us off the gold standard. (Kinda like the situation right now, with rising energy and commodity prices....)

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