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Sunday, September 07 2008 - 03:27 PM
Bush Has a Good Economic Record. By Keith Marsden
http://online.wsj.com/article/SB12203980722392873.html

Please read the article before commenting. Note it’s sources. Thanks.

09/07/08 - 03:48 PM
marino says...
Unemployment rate average during Bill Clinton years-5.2. During George Bush Years-4.7. Today-6.1
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09/07/08 - 03:57 PM
Coober Pedy says...
Ain’t these still the “Bush years”?
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09/07/08 - 04:05 PM
marino says...
Ofcourse. And the average rate is still lower than Clinton’s. Even when you incorporate today’s rate of 6.1.
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09/07/08 - 04:15 PM
Cagy Wolf says...
let’s see 6.1 unemployed, ok what about those whose employment has run out? This is what is misleading about statistics. How about the people on welfare they are also aren’t counted. The only one counted are those receiving unemployment checks. I looked into this years ago. But 6.1 is alot of americans out of work, this is what illegal aliens working in america is so wrong and it affects many americans not only loss of jobs but wage depression. Not to mention their children or themselves join gangs commit crimes and suck up welfare and other services for americans, then add in the schools filled to overflowing. Damn it this is my country so why should I have to put up with the rudeness and dirty looks from people that don’t even belong here.
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09/07/08 - 05:01 PM
ILUVAV says...
Most of the economic problems can be traced to the high price of fuel.Prices were raised so fast that we didn’t have time to adjust.The aviation,boat,&RV industries were hit hard,driving alot of them out of business.Everyone I know is affected by these prices.The Libs refuse to do anything to improve the situation.The worse it looks for Bush,the better chance Nobama has.
“If you’re under 30& Conservative,you have no heart-If you’re over 30& Liberal,you have no brains”. Winston Churchill
Palin-McCain
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09/08/08 - 09:13 PM
marino says...
Economic Growth:

U.S. output has expanded faster than in most advanced economies since 2000. The International Monetary Fund reports that real U.S. gross domestic product (GDP) grew at an average annual rate of 2.2% over the period 2001-2008.

President Bush will leave to his successor an economy 19% larger than the one he inherited from President Clinton. This U.S. expansion compares with 14% by France, 13% by Japan and 8% by Italy and Germany over the same period.
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09/09/08 - 10:54 AM
Randy Hall says...
This might be the best McCain endorsement ever.

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09/09/08 - 11:24 AM
RealSteve says...
Randy

Obviously someone that has been brainwashed by FOX news. Perhaps when this guy was injured there was some sort of conservative brain washing, or perhaps worse.

Where’s our Liberal friends telling him to shut up, he’s not smart enough to comment.
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09/09/08 - 11:41 AM
marino says...
“The cost of the wars in Iraq and Afghanastan has been largely absorbed in a relatively small increase in the defense budget (to 4.1% of GDP in 2006 from 3.8% in 1995). A much higher proportion of U.S. income was devoted to the military during WWll and the Korean War.” — International Monetary Fund
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09/09/08 - 12:01 PM
marino says...
Health Services:

The U.S. spends easily the highest amount per capita ($6,657 in 2005) on health, more than double that in Britain. But because of private funding (55% of the total) the burden on the taxpayer (9.1% of GDP) is kept to similar levels as France and Germany. The U.S. Census bureau reports that 84.7% of the U.S. pop. was covered by health insurance in 2007, an increase of 3.6 million over 2006. The uninsured can recieve treatment in hospitals at the expense of private insurance holders.

Income and Wealth Distribution:

The latest World Bank estimates show that the richest 20% of U.S. households had a 45.8% share of total income in 2000, similar to the levels in the U.K. (44%) and Israel (44.9%). In 65 other countries the richest quintile had a larger share than in the U.S.

Investment has been buoyant under President Bush. According to the ICP (International Comparison Program) outlays on additions to the fixed assets (machinery and buildings, etc.) of the U.S. economy amounted to $8,018 per capita in 2005 compared to $4,963 in Germany and $4,937 in the U.K. Higher taxes on the upper-income Americans, as proposed by Mr. Obama, are likely to result in lower saving and investment, less entrepreneurial activity and reduced availability of bank credit. Lower-income Americans would be among the losers.
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09/09/08 - 12:10 PM
marino says...
Household Consumption:

The ICP study found that the average per-capita consumption of the U.S. pop. (citizens and illegal immigrants combined) was second only to that of Luxembourg’s, out of 146 countries coverd in 2005. The U.S. average was $32,045. This was well above the levels in the UK, Canada, France and Germany.
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09/09/08 - 12:10 PM
No Spin says...
WOW!!

That is an Amazing video Randy..

Thanks..
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09/09/08 - 12:16 PM
Randy Hall says...
No Spin thank Joe Cook, it was his leg he gave for Country First.
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09/09/08 - 12:21 PM
marino says...
The evidence shows that much of the Democratic Party’s criticism of President Bush’s economic record is wide of the mark. True, the economic slowdown now affecting most advanced countries will likely result in rising unemployment over the comming months.

But thanks to the sensible policies pursued by the Bush Adminitration (not always with adequate support from a Democratic-controlled Congress), the U.S. economy is sufficiently flexible to keep unemployment below the 7.7% peak reached in the last post-recession year of 1992.

The main risk is that, if elected, Barack Obama will pursue a “social justice” stragety. This would encompass higher taxes on entrepreneurs, savers and investors, more direct government intervention in the economy, and protectionist policies (including revoking existing trade agreements) aimed at safeguarding the jobs of his union backers in “old” industries and public services.
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09/09/08 - 12:44 PM
marino says...
“The new $400 billion-plus deficit numbers represent about 3 percent of the economy, which is the deficit measure seen as most relevant by economists. That’s considerably smaller than the deficits of the 1980s and early 1990s.” (AP)

Take into account appropriations since 2001 to fight terrorism and for operations in Iraq and Afghanastan.
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