Quote:
|
Originally Posted by aceventura3
Perhaps not everything, what about that Dot-com bubble bursting thingy?
Do you blame Clinton for that, like you would blame the sub-prime mortgage melt down on Bush?
Keep in mind that during the rise of the Dot-com bubble, government was the benefactor of abnormal tax receipts from speculators and day traders profiting from stocks with no economic value.
|
Lets compare the Clinton/Bush years: REAL GDP GROWTH
4.09% during Clinton's 8 Years
2.65% over Bush's first 7 years
NATIONAL DEBT
$5.7 trillion at end of Clinton term
$9.2 trillion at the start of Bush's last year
BUDGET DEFICIT/SURPLUS
$431 billion surplus in Clinton's last 3 budget years
$734 billion deficit over Bush's last 3 budget years
NEW PRIVATE SECTOR JOBS CREATED
1.76 million jobs/year during Clinton 8 years
369,000 jobs/year over Bush 7 years
MEDIAN HOUSEHOLD INCOME & CHANGE IN MEDIAN INCOME
$49,163 at end of Clinton's term, with a $6,000 Increase in 8 Years
$48,023 at start of Bush's last year, with $1,100 decrease in 6 Years
U.S. TRADE DEFICIT
$380 billion at end of Clinton's term
$759 billion at start of Bush's last year
STRENGTH OF U.S. DOLLAR
1.07 Euros per Dollar at end of Clinton's term
0.68 Euros Per Dollar at start of Bush's last year Are we better off as a nation than we were 8 years ago?
__________________
"The perfect is the enemy of the good."
~ Voltaire
Last edited by dc_dux; 01-27-2008 at 09:07 AM..
|