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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
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Originally Posted by dc_dux
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? |
I don't know about as a nation, but I can say as an individual/married couple. We're much better off now than 8 years ago. I'm much better off than I was almost 2 decades ago. All my friends lost their money and savings in the dot com investment and decline, and now the housing overpurchasing. I made modest investments in the 90s and only bought as much house as I could comfortably afford in the 00s.
I also agree with the idea of how much does the president influence the economy, I have since '91 increased my net worth steadily with disipline and constant work and vigilance.
I also think that the previous president has much more influence on the current president economy. Thus, Reagan/Bush I affected Clinton more than Clinton did anything for himself. Clinton impacted Bush II.
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I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not.
Last edited by Cynthetiq; 01-27-2008 at 02:10 PM..
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