Clinton and the Democrats balanced the budget for the first time in 30 years and left a surplus. It took eight years for the Republicans to tear that down and leave the country in a financial freefall.
Didn’t people hear Republican Mitch McConnell, Senate Minority Leader, announce early on that the GOP’s first priority would be to see that Obama did not get a second term? This at a time of great crisis, when both parties needed to work together to help get the economy going. I’m sure the president was very disappointed to see that the Republicans would rather let the country go down the drain financially, than to help in the recovery.
The CEOs of large companies are doing better in the recession — they laid off employees and the remaining ones are doing a double job for the same money. Donald Trump said recently on the PBS program “Frontline” that he does better when times are not good.
We will do well to remember which party is for the 99 percent and which one for the 1 percent who control most of the wealth in this country; which party is for the middle class, Social Security and affordable health care, Medicare and good stewardship of the earth and its resources, which is for war, and which for peace.
Why don't you enlighten us with empirical data on how Clinton trashed the economy?
Yes everyone wails about NAFTA but what data do you have that proves the GE plant closed specifically that reason?
I would like to see it.
NAFTA was not the best piece of legislation Clinton signed but it was not the job killing decimator you make it out to be.
From the Carnegie Endowment for International Peace:
"NAFTA’s net effect on jobs in the United States has been minuscule, given the size of the U.S. economy and the importance of other trading partners. The best models to date suggest that
NAFTA has caused either no net change in employment or a very small net gain of jobs".
Now if you have data that disproves that then bring it..Ands no FOX doesn't count.
BTW Why would you compare a person you probably do not know with Monica Lewinsky?
Who are you to make that kind of judgement and hurl that insult?
Rhuidean
Well
I see you have your Fox News talking points all cued up so lets review shall we.
You Wrote:Unemployment is HIGHER today than when Obama took office. 7.8% to 7.9%
I reply: You are correct that on January 2008 the unemployment rate was 7.9. However you omitted the part where it rose to a high of 10% in October 2009. You also left out the fact that in January 2009 the US economy was losing 800,000 jobs per month.
In the first 45 months of his administration President Obama has created 750,000 private sector jobs. President Bush lost more than a million in his first 45 months in office...
So Yeah President Obama has been an absolute failure.
You Wrote:Gas 1.83 a gallon to 3.55
I reply: You do know that NO President has the ability to control gas prices? It's a wingnut talking point designed for the low information person.
You Wrote:The deficit, 10 Trillion to 16..
I reply: Why do conservatives run around screeching about the deficit? None of them said a word as President Bush put two wars on the nations credit cars while enacting massive tax cuts...Nope...All we were told was what great times were coming because the "Job Creators" Would be free of governments crushing yoke.
Sure....We all see how that worked out.
But as point of fact the deficit the day President Obama took office was 1 trillion 413 Billion dollars.
The budget deficit for 2011 was 1 Trillion 300 Billion Dollars. The expected deficit budget for 2012 is 1 Trillion 89 Billion Dollars.
1st the whole 10 Trillion dollars to 16 is just a ludicrous talking point for the terminally low information sheep.
The CBO actually keeps data...Why does no one use it?
You Wrote:As to McConnell's comment-The President had two years of majorities in BOTH houses and passed absolutley NOTHING to produce jobs..
I reply: Except 32 straight months of lessening unemployment... As to McConnells statement I think it perfectly captures the current GOP/TP.
If you look at the records of the 111th congress and the 112th the difference is stark. One succeeded in making Americans lives better.
The second has beed judged to be the worst in our countries history.
So I am guessing you will not like what the American people are going to say Tuesday.
Obama will win reelection easily...The Democrats will keep the Senate and maybe just maybe win the house.
Yeah...That reality based world sure has a liberal bias.
Rhuidean
Good Letter...
Voter,
I agree with you that the GOP/TP is going to lose their minds Tuesday night.
Same old Same old.
Rhuidean