CLINTON ECONOMIC RECORD

[clarence swinney]

SHOW A BETTER RECORD

CLINTON PRAISE--WITH PLEASURE
GDP--rose from 6300 to11,600
NATIONAL INCOME-5,000 to 8,000 Billion--took 20 years to grow 2500B beforeClinton
JOBS CREATED--over 22 million--record by far
AVERAGE WEEKLY EARNINGS--$360 to $478
AVERAGE WEEKLY HOURS WORKED--never hit 35.0--hit that mark 4 times in 80's
UNEMPLOYMENT--from 7.2% down down down to 3.9%
MINIMUM WAGE--$4.25 to $5.15
MINORITIES--did exceedingly well
HOME OWNERSHIP--hit all time high
DEFICIT--290 Billion to whoopee a SURPLUS
DEBT----+28%---300% increase over prior12 years
FEDERAL SPENDING--+28%---80% under Reagan- who da true conservative?
DOW JONES AVERAGE--3,500 to 11,800 all it's history to get to 3500 and Clinton zooms it
NASDAQ--700 to 5,000---all of it's history to get to 700 and Clinton zooms it
VALUES INDEXES-- almost all bad went down--good went up in zoom zoom zoom
FOREIGN AFFAIRS--Peace on Earth good will toward each other---Mark of a true Christian--what has Bush done to Peace on Earth?
POPULARITY---highest poll ratings in history during peacetime in AFRICA, ASIA AND EUROPE even 98.5% in Moscow--left office with highest gallup rating since it was started in 1920's.
STAND UP FOR JUSTICE--evil conservatives spent $110,000,000 on hearings and investigations and caught one very evil man who took a few plane rides to events.
BOW YOUR HEADS--Thank you God for sending us a man of Bill Clinton's character, intelligence, knowledge of governance, ability to face up to crises without whimpering and a great leader of the world.
THANK YOU GOD FOR THE GOOD TIMES THE CLINTON YEARS.

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[quickesst]

1. Ha ha.....

..Some people yell all the time, "Clinton?? I don't want Obama to be ANYTHING like Clinton." The op just makes it sound even more bizarre. Thanks.
quickesst

[able1]

2. Those things did happen while he was president. But,

Clinton also cut COLA increases for SS recipients and signed legislation that repealed the Glass-Steagal laws which were
put in place to prevent the recent spate of financial crimes at large firms. Good things happened during Clinton's terms,
but some of the things that Clinton MADE happen weren't so good.

[snot]

3. Um, from what I've seen, Clinton gave up/sold out, pretty quickly.

[eridani]

4. Prison population exploded and homelessness and food bank usage went up

Bubbles aren't real production. Not Clinton tech bubbles or Bush real estate bubbles.

[IrateCitizen]

5. You forgot about a few things...

1. Repeal of Glass-Steagall, the measure that separated investment banking from commercial banking. This occurred with the full support of the Clinton WH and his economic team.

2. NAFTA and the neverending promotion of "free trade" and "open markets" that led to increased offshoring and the insanity of the "service economy".

3. Refusal to regulate derivatives. When Brooksley Born, a federal regulator, recommended rules regarding the regulation of financial derivatives, she was shoved aside by Larry Summers, Bob Rubin and Alan Greenspan. Rubin and Summers were Clinton's #1 and #2 men at Treasury.

4. The whittling away of the last vestiges of substance surrounding presidential politics, and replacing it with policy driven by single-issue polling. For an excellent description of this, I suggest watching Part 4 of Adam Curtis's excellent BBC documentary, "The Century of the Self". You can check it out at Google Video.

Anyone can throw out a bunch of statistics to support any idea they throw out there. The real test lies in a deeper qualitative analysis of his overall performance. Personally, I think that Clinton will be looked at little different from Reagan, Bush I and Bush II in fascilitating the financial services takeover of the economy and government.

[stevebreeze]

6. wealthy got larger tax cuts under Clinton then Bush II

reappointed Greenspan
Clinton is Wilson
just a less repulsive conservative in the middle of the Republican tide
the best thing about Clinton is he was a good administrator. He blew the chance he had for health care reform, and passed mo progressive reforms in 8 years.
I will add I voted for him twice, and would again since the other choice was far worse then Clinton.

[clarence swinney]

7. CLINTON TAXED TOP 1.2% OF RICHEST

BUSH GAVE 1700B IN TAX CUTS.

TOP 1.7% GOT 4 TIMES AS MUCH AS BOTTOM 80%.

CLINTON GAVE 15 MILLION LOW INCOME TAX CUT

CLINTON GAVE SMALL BUSINESSES TAX CUTS

REAGAN GAVE RICH 60% INCOME TAX CUT

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