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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (560159)	4/11/2010 10:57:40 AM
From: longnshort	Respond to of 1578162

means nothing Clinton had the internet bubble and it popped right at the end on his term, he would have been lower. It was all timing being the Pres during the internet bubble, nothing to do with him. Bush had the DOW at 13000 then Pelosi and reid took over and it crashed I don't think you understand anything, since you are such a blind partisan hack

To: RetiredNow who wrote (560159)	4/11/2010 10:59:24 AM
From: Brumar89	Read Replies (1) \| Respond to of 1578162

That US debt pie chart - Obama is changing that as we speak. How about one showing which party controls Congress?

To: RetiredNow who wrote (560159)	4/11/2010 11:10:21 AM
From: longnshort	Respond to of 1578162

The CBO projects that Obama's policies would produce deficits averaging nearly $1 trillion for the next decade. The deficit would bottom out in 2014 at a level equal to 4.1 percent of gross domestic product, which is higher than the 3 percent level considered to be sustainable by the White House and independent economists. Deficits would again rise after 2014. The debt-to-GDP ratio would go from 63 percent this year to 90 percent by 2020, the CBO said. A “select group of countries,” including Greece, which is facing a fiscal crisis, have debt levels that high, which is “worrisome,” Elmendorf said. thehill.com

To: RetiredNow who wrote (560159)	4/11/2010 11:51:55 AM
From: jlallen	1 Recommendation Read Replies (1) \| Respond to of 1578162

Congress has the purse strings.

To: RetiredNow who wrote (560159)	4/11/2010 12:17:25 PM
From: TimF	Read Replies (1) \| Respond to of 1578162

The data you present. simply doesn't support your argument. 1 - A Negative stock market return is not "the destruction of our economy". 2 - The stock market is driven by many things besides government policy. 3 - Government policy is not only driven by the president 4 - and if you ignore those points you still have the fact that the majority of the Republicans listed have double digit annualized returns on the S&P (and positive returns by all the market indicators listed). As for the debt increase - Percentage debt increase is a silly measurement. Is it really worse to increase the debt from a dime to a dollar ten (1000% increase) than it is to increase the debt from $10tril to $11tril (10%)? By any reasonable measure Clinton's debt increase is the smallest of the president's listed, but Obama's will be the largest. Obviously in nominal dollars, but also in real dollars, or even by (what's probably the best measurement) percent of GDP. Going by the data provided in the embedded graphic in your post, shows that in nominal dollars Obama has already increased the debt almost as much as Reagan did. (Of course its not just Obama, rankings by presidents ignore congress, which they shouldn't but I'm just going along with the theme of your post).