SI
SI
discoversearch

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 : The Obama - Clinton Disaster
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: joefromspringfield who wrote (67066)3/5/2012 10:15:07 PM
From: J_F_Shepard2 Recommendations  Read Replies (1) of 103300
 
"Average growth under both president's was very similar or 3.36% under Mr. Reagan and 3.74% under Mr. Clinton. The huge spike in growth in 1983 (year 3) under Mr. Reagan followed a severe drop in 1982 (year 2) from the recession. The severity of the recession however (-2%) gave us two years of very strong growth in years 3 and 4 as consumers began buying again after pent up demand. Without the huge spike following the recession, the growth rates under Mr. Reagan would have been even lower. In an oddity, the recession was actually better than not having a recession. After the recession the economy grew 7.3% in 1984, the fastest during the 16 years period studied (or the 24 years under Carter, Reagan, Bush and Clinton) after it contracted only -2% in 1982.

This category also puts to rest another conservative myth, that is that tax cuts stimulate the economy. In reality we have no idea what people will do with more money, they may spend, invest or save. But most Americans saw a major tax increase under Mr. Reagan as he increased social security taxes in an attempt to hide his growing deficit debacle.

The true success during the Clinton years must be placed in perspective. Mr. Reagan was able to created the illusion of growth by growing government and massive deficits. Mr. Clinton gave us real growth with falling deficits and the rise of the largest surpluses in US history.

One is real success, the other is not. "

This link will compare just about any parameter you want.......

zzpat.tripod.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News