The dow has hit all time highs. The economy is doing better then at anytime under clinton.
2006-10-06
14:57:30
·
18 answers
·
asked by
dwh320
2
in
Politics & Government
➔ Politics
Jesi said it so well I just had to copy it here for you libe to read.
"The taxes pouring into the federal coffers has hit two consecutive high points in history, and that is adjusting for inflation. And this is after tax cuts.
Unemployment has been at the lowest level since the 60's.
The Dow is at the highest ever, the only time it was closer was when the Clinton SEC allowed the dot-com fraudsters to create companies whose mission statement was to pay back the initial investors (that's a form of MLM).
The Labor Department reports salaries raising faster than anytime since the 80's. More jobs have been created in the period of 2000 to 2005 than from 1990 to 1999.
The economy is doing very well. Proving for the second time in 18 years that supply side economics works. Cut taxes for the wealthy and they invest in the market making the economy stronger, creating more jobs, increasing salaries, and generating income that leads to more purchase power, which leads to taxes pouring in."
2006-10-06
15:52:09 ·
update #1
The taxes pouring into the federal coffers has hit two consecutive high points in history, and that is adjusting for inflation. And this is after tax cuts.
Unemployment has been at the lowest level since the 60's.
The Dow is at the highest ever, the only time it was closer was when the Clinton SEC allowed the dot-com fraudsters to create companies whose mission statement was to pay back the initial investors (that's a form of MLM).
The Labor Department reports salaries raising faster than anytime since the 80's. More jobs have been created in the period of 2000 to 2005 than from 1990 to 1999.
The economy is doing very well. Proving for the second time in 18 years that supply side economics works. Cut taxes for the wealthy and they invest in the market making the economy stronger, creating more jobs, increasing salaries, and generating income that leads to more purchase power, which leads to taxes pouring into the government's treasury.
2006-10-06 15:17:37
·
answer #1
·
answered by Anonymous
·
1⤊
3⤋
sorry but the dow only reflects how well the stock investors and speculators are doing. most of them are already rich and do not care about the economy.
just because the rich are getting richer does not mean that the regular guy is better off. yes its the economy.
ask yourself how well are you doing now and were you doing better with the dems at the helm? do you make more money now? is rent lower? Are houses more affordable? do you have health care? can you afford to go to college or put your kids in? do you have any savings? have your taxes gone down? can you afford a new car? are you secure in your job?
can you afford to retire someday. can you live on your pension?
can you care for your aging parents?
the congressmen and senators and judges have no problem with any of thiese things. They have good health care, high salaries, job security, 9 raises in 10 years, wonderful pensions etc etc. they onw stock ion oil companies so high gas prices does not faze them .
but what about the average guy? not just the rich investors and bankers.
the national debt is huge now and there was a surplus when the republicans took over 12 year sago. Where is the money? How did that happen? are we winning the war? why are we fighting iraqis anyway? they never hurt us or attacked us. is saddam dead? is Osama caught?
is crime lower? what about the drug problem and education and the infrastructure of our dams and roads and public buildings.
Anyone have good news about Cancer cures or AIDS?
These are all good things to ask yourself and consider. Yes Bush claims to be a patriot and is against abortions and gay marriage etc. WOW. big deal. But really, do these things really affect you like the other things? Are there fewer gays or abortions? do you really care about such silly stuff anyway. are you gay? are you planning on getting an abortion/? who cares . it is a distraction so you will not use your brain to think. check your pocketbook and your freedoms. are they looking better? Are you safer? are you happy now. your party has 100% control of the congress, the courts, the country and all they can do is loot the coffers. they have not helped anybody except themselves and their rich supporters. they need stupid voters to vote for them. try not to be one. wake up chump
2006-10-06 22:16:37
·
answer #2
·
answered by Anonymous
·
3⤊
1⤋
I remember Clinton saying that. Other than making something up out of your head, you have not made a point at all. Why are people like you so ignorant? People are in more debt than they have ever been in before and so is the government. Want to talk about record highs? Our national debt has hit record highs under Bush. Keep up the lame questions, you are helping the conservatives lose votes by proving how misinformed you really are. (See the more thumbs down than thumbs up? You have been elected the village special person.)
2006-10-06 22:24:38
·
answer #3
·
answered by Sketch 4
·
3⤊
1⤋
Hey who took the DUNCE cap off the retard and gave him a Computer?
Substituting one 100k a year job for ten 10k a year jobs is not a 10 % increase in employment. 6 years of stagnant "real wages" even though our GNP has grown at the same time does not impress me in the least. When a CEO salary is 500% of the guy doing the work--there is no justification. The Dow can set records all day long---It is not even close to being considered the main indicator of how our economy is doing. Why don't you go to Mish's Global Economic Trend Analysis and learn some facts!
2006-10-06 22:11:50
·
answer #4
·
answered by scottyurb 5
·
6⤊
2⤋
Real income for the middle and lower income population has been stagnant for six years now. However, income for the top 10% has increased dramatically.
Or, put more simply, Bush is making the super-rich richer, and ignoring the rest of us.
I don't know about you, but I actually earn my living from a paycheck, not from capital gains. Things aren't so rosy here in the bottom 90%.
2006-10-06 22:11:23
·
answer #5
·
answered by Steve 6
·
3⤊
1⤋
The Dow is merely one economic measure that is a reflection of high corporate earnings -- The corporations have made these earning by shipping jobs offshore, raising prices, keeping wages low in spite of the fact that workers have increased productivity, and reducing benefits to employees. Only 50% of the people in the US own stock -- so only 50% get the benefit of high stock prices. Bottom line is most people are not doing that great in this economy.
2006-10-06 22:09:41
·
answer #6
·
answered by Anonymous
·
4⤊
2⤋
... look at the improvement from when Clinton started to when he finished...
then look at the improvement from when Bush started to now...
IT'S A JOKE TO COMPARE THE TWO... Clinton CRUSHES him... in almost every economic indicator...
Jessi... I remember unemployment being under 4 near the end of Clinton's term... now it's like around 4.5... how is that the lowest since the 60s? are you looking at it by decade? nice way to twist the stats when Bush sr. was around 7 percent for the first few years of the 90s...
I'm assuming that the rest of your stats are equally as twisted...
2006-10-06 22:01:20
·
answer #7
·
answered by Anonymous
·
3⤊
2⤋
I am not sure how much is left to say, Schmendrik-seems the majority of answers here disagree with you, I guess by your analysis that makes you are one hundred i.e. 100% wrong! Eh? After all, its all for the RICH STOOOPID!"
2006-10-06 22:29:37
·
answer #8
·
answered by meldorhan 4
·
1⤊
1⤋
Why would they remember that. It does not fit the mold of Republicans ruin the country. Liberals in the media start with the story that they want to be true. They them look for stories that confirm it.
2006-10-06 22:10:36
·
answer #9
·
answered by Chainsaw 6
·
2⤊
2⤋
No dag nabbit! It's the islamonazis like Usadam Hin Salami!
2006-10-06 22:03:39
·
answer #10
·
answered by Baby Shiraz 1
·
2⤊
2⤋