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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (272366)2/6/2006 10:55:01 AM
From: American Spirit  Read Replies (1) of 1577830
 
The unemployment rates are very misleading. About 10% of the nation have given up trying to find work and many of the jobs are part-time and without benefits. True there is economic growth, but much of it's based on deficit spending by the government. Bush also got huge help from Greenspan. Those ultra low interest rates spurred a real estate boom and account for many of the jobs on Bush's watch. That real estate boom is now a bubble in the process of bursting, hopefully not too quickly.

Still, Clinton created 22 million new jobs, many times what Bush has created, and Clinton made sure everything was paid for the the books were balanced. Huge difference.
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