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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Sedohr Nod who wrote (643630)	10/13/2004 8:40:05 AM
From: E. T.	Respond to of 769670

After the oil embargo of '72 things were rough until about '80, but they went to crap after '86, but especially suffered after '89, then boom boom boom in the 90s. The only decade of my adult life I didn't go bankrupt, excepting of course the current decade. But lucky for me, I didn't piss away the money I made in the 90s on new investments in the 2000s.

To: Sedohr Nod who wrote (643630)	10/13/2004 8:55:12 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to 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....)