"No one said the economy would tank, however I point out that the econmy and the stock market (a key to it) has Doubled since Clinton, under Bush"
- con
http://answers.yahoo.com/question/index;_ylt=ApkJNyFfGVl7jyallevT3p_sy6IX;_ylv=3?qid=20071107143638AABqTzc
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First of all, Republicans in congress are on record saying it would tank.
NOW SOME FACTS
1) Here are the percent increase in inflation adjusted GDP for various presidents:
FDR 177.51% (from 32' to 45')
FDR 88.14% (from 32' to 41', without WWII)
JFK/LBJ 46.00%
CLINTON 33.81%
REAGAN 30.63%
BUSH JR 16.55% (from 00' to 06')
DOW JONES INDUSTRIAL AVERAGE:
Jan 4, 1993 = 3,309
Jan 4, 2001 = 10,912
Right Now = 13,300
http://finance.yahoo.com/q/hp?s=%5EDJI
I DON'T SEE HOW THE ECONOMY "DOUBLED" UNDER BUSH JR.
2007-11-07
10:02:22
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14 answers
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asked by
Anonymous