Silicon Investor (SI) -- The First Internet Community

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 : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (42366)	8/28/2008 12:38:31 PM
From: longnshort	Respond to of 224729

Clinton's last quarter was negative growth, that's what he left for Bush. Bush had 52 months of job growth, an all time record

To: Kenneth E. Phillipps who wrote (42366)	8/28/2008 1:52:58 PM
From: Brumar89	Read Replies (1) \| Respond to of 224729

Bush unemployment numbers continue to best the Clinton Years: Recession On Hold-- Poverty & Unemployment Decline During Bush Years You won't hear this in Denver this week... Bush unemployment numbers continue to best the Clinton Years: (US Misery Index) And, it looks like the recession is once again on hold. The economy grew by a very respectable 3.3% in the second quarter of this year. Yahoo Finance reported: The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home. The Commerce Department reported Thursday that gross domestic product, or GDP, increased at a 3.3 percent annual rate in the April-June quarter. The revised reading was much better than the government's initial estimate of a 1.9 percent pace and exceeded economists' expectations for a 2.7 percent growth rate. Also, according to the US Census Bureau, the poverty rate today continues to remain below those Clinton years: America's North Shore Journal reported: The average poverty rate for all Americans for the first seven years of the Reagan terms was 14.2%. For the first seven years of Bill Clinton’s terms, it was 13.6%. Under George Bush, the average poverty rate for 2001-2007 is 12.4%. Bubba didn't mention this in his speech here in Denver last night. More... David Harsanyi explained today why it's no wonder Dems didn't want former President Bill Clinton to speak on the economy this week. The growth during the Clinton years was due to free market capitalism and not populism, or isolationism. POSTED BY GATEWAY PUNDIT gatewaypundit.blogspot.com