Foreign Affairs Discussion Group Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mistermj who wrote (208159)	11/9/2006 10:41:29 PM
From: geode00	Read Replies (2) of 281500

Clinton inherited the crappola from Bush Sr. He improved the fiscal situation every year he was in office. Bush Jr is actually worse than his father which is an amazing admission. Are you 12? If you're going to make bizarre accusations then at least provide an analysis to back up your bizarre accusations. Get the numbers, explain the numbers and look at the slope of the graph. Your simplistic, and rather stupid, musings are really not worth replying to. You may have to wait until Sun comes back to get responses. Now I'm almost positive that you know nothing about anything. ----- The Administration may claim that a deficit of 2.3 is low by historical standards, implying that the deficit constitutes no problem or cause for complaint. This is not so. Over the course of U.S. history, deficits averaged 1.2 percent of GDP, and that average includes the large deficits during the Civil War, the First and Second World Wars, and the Great Depression.[2] Excluding those three wars and the Great Depression, deficits averaged only 0.3 percent of GDP. During the Clinton Administration, they averaged only 0.1 percent of GDP. The Deficit in Historical Context The Deficit As a Percentage of GDP During Specified Time Periods 2006 2.3% 2002-2006 Bush 2.7% 1994-2001 Clinton 0.1% 1982-1993 Reagan/Bush 4.3% 1797-2006 Washington-Bush 1.2% 1797-2006 Excluding 3 wars & Great Depression 0.3% cbpp.org ---------------- Is Debt Rising Or Falling? Increase or decrease in debt held by the public as a percentage of GDP during specified time periods 2001 - 2006 Bush +4.4% 1993 - 2001 Clinton -16.4% 1981 - 1993 Reagan/Bush +23.6% 1947 - 1981a from Truman through Carter -70.4%

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next