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8 days ago.
by absolem
4Truth
#1

have Republican or Democratic Presidents done more to grow the economy?

What does the data tell us if we disaggregate GDP growth, changes in unemployment rate, and changes in the federal debt by sitting President's political party? Also - which party does a better job of helping the Poor and Middle Class (i.e. the VAST MAJORITY of the people in America and an eve greater proportion of the people living in this area?

 
 

Member Comments

absolem

OWO..IMO the producers and those WHO invest wisely stand to ultimately benefit financially. Unless of course the trend changes by virtue of legislative and currency manipulation.

Posted 8 days ago.

Ohwiseone

Yeah but whose economy ?

Posted 8 days ago.

absolem

borrowing has done more to grow the economy...unfortunately at what cost?

Posted 8 days ago.

moderation

Ha, now "Trollbeads" are being offered for sell in the ad on the top of this page.How convenient.

Posted 9 days ago.

Ohwiseone

That clocks still ticking and so far I have been proven correct , the republiduds must have forgotten how to get anything done !

Posted 9 days ago.

Ohwiseone

Also means he was 50% right ! And just what would you have us do ? Police countries that don't want us there ? All you're doing is giving them easy targets ! Isnt hindsight a marvelous thing ? It makes things easy to bit ch about without the risk of something going wrong ! How utterly republican ! We will now see just how well your republiduds will do now they have to finally do something ! The clock is ticking and in two years the gate may just swing the other way !

Posted 64 days ago.

Kunectdots

OMG!!!! That means Obama was supportive of one war that Bush started, Afghanistan, so that means Obama was 50% WRONG on 'wars started'.

Now, he's credited with effectively losing the other war, Iraq, and is proceeding toward losing the loss of Afghanistan as well. If he accomplishes that failure also, he will be chocked up in the 100% loss column for 'wars concluded'.

Posted 64 days ago.

Ohwiseone

GREEK !!! Two wars started on lies ! That's whats wrong ! Trillions wasted ! Deflect all you want but even the people who were in dubyas administration have admitted that they were LYING !

Posted 65 days ago.

Kunectdots

Nascar - So you're under the belief that occurrences including long-term developing ones, like national economic recessions, occur because of and during the time period of a sitting president?

I bet Ronald Reagan would have been surprised to have heard THAT ONE. LOL

Posted 65 days ago.

NasCarNut

Kunect, I read that link a few days ago and it doesn't change the fact that -every Republican President since Calvin Coolidge in 1923 has presided over a recession that started WHILE he was sitting in office.

Posted 65 days ago.

Ohwiseone

Wait! Government did cause the housing bubble.

The Christian Science Moniter

Congress's Community Reinvestment Act, aimed at helping the poor afford housing, did lead banks to make much riskier mortgage loans, a new study finds.

Posted 65 days ago.

Ohwiseone

You mean the one that Obama kept us out of ? You know , the one that Dubya's failed economic policies caused ?

Posted 65 days ago.

Kunectdots

FYI (not sourced from Fox, BTW) "The History of Recessions in the United States"

h ttp://useconomy.about.c om/od/grossdomesticproduct/a/recession_histo.h tm

Posted 65 days ago.

Ohwiseone

Now nascar , you'll upset the greek and his chums by telling the truth ! They only like the "truth" that Faux feeds them ! They don't have time for facts !

Posted 65 days ago.

NasCarNut

Considering the GOP likes to label itself, "The Party Of Growth," guess what GOP, recession is the exact opposite of growth!!!

Posted 65 days ago.

NasCarNut

 every Republican President since Calvin Coolidge in 1923 has presided over a recession that started WHILE he was sitting in office.     That is more than ninety years of Republican presidents with an unbroken record of bringing recession to the nation's economy. 

Posted 65 days ago.

NasCarNut

Bush came into office saying "this downturn is nothing, wait to you see what I leave my successor."

Bam!!!

Posted 65 days ago.

NasCarNut

Bush was handed a surplus. In fact, the surplus was so large, he gave this reasoning for suggesting cutting the taxes to wealthy and reducing revenue:   

""This surplus is not the government's money," he said in a characteristic line yesterday in Council Bluffs, Iowa. "It's the people's money. And I believe we ought to listen to the people of America and share that money with the people who pay the bills."    G.W. Bush

Posted 65 days ago.

NasCarNut

 Bush doubled the debt on idealogical zealousness and bad decisions; Obama will double the debt to resolve a crisis and save the economy from a far worse fate. This is the story beyond the numbers.

Posted 65 days ago.

NasCarNut

This claim is easily checked by plugging Obama’s inauguration date — Jan. 20, 2009 — into the Treasury Department’s handy “debt to the penny” calculator. It shows that the nation’s total debt stood at $10.6 trillion on the day Obama took office, and it was at $16.2 trillion on Oct. 8. That means total debt has increased $5.6 trillion so far under Obama. That’s a huge increase in the national debt — more than 50 percent. But $5.6 trillion is nowhere near “almost as much” as the $10.6 trillion in debt amassed under the first 43 presidents.

Posted 65 days ago.
 
 
 
 

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