How about that economy... :)

[Ozoned]

Originally posted by: Stunt


Am i contributing to the discussion at hand to observe points which if not expressed by me may be overlooked.
...

So, as a Canadian Bush Basher, You are more intelligent than the Us Bush Bashers??

 

[Stunt]

Originally posted by: Ozoned

Originally posted by: Stunt


Am i contributing to the discussion at hand to observe points which if not expressed by me may be overlooked.
...

So, as a Canadian Bush Basher, You are more intelligent than the Us Bush Bashers??

If you re-read my posts in this forum, you will see my contributions for the most part are mostly factual information or data that are used for conclusions, are the conclusions similar to presented opinions, probably. Is the information/data presented different, no...just re-enforcing, helping to prove certain points.

 

[charrison]

Originally posted by: Stunt

Originally posted by: Ozoned

Originally posted by: Stunt


Am i contributing to the discussion at hand to observe points which if not expressed by me may be overlooked.
...

So, as a Canadian Bush Basher, You are more intelligent than the Us Bush Bashers??

If you re-read my posts in this forum, you will see my contributions for the most part are mostly factual information or data that are used for conclusions, are the conclusions similar to presented opinions, probably. Is the information/data presented different, no...just re-enforcing, helping to prove certain points.

You have yet to post anything factual. But thanks for playing.

 

[Stunt]

You have yet to post anything factual. But thanks for playing.

Originally posted by: Stunt
My original point was to compare the economic outlook between when bush took the helm and now.

Jobs
from this chart we see that unemployment is up from 3.8% to 5.x%.
the next chart is pretty useless but bring your attention to the negative change in job numbers ONLY with bush in the last 12 years.
i'd also like to address the last chart which shows the unemployment claims down while unemployment doesn't move. Now either the bush admin are more efficient in distributing welfare, or they are kicking more people off it.

Hours
from this chart you can see the huge decline in work hours done by workers per week.
also not only were manufacturing jobs axed during his term, but between clinton and now they are working less hours and less overtime

Imports
Ah the import chart, every stong economy imports all their goods...oh wait no they dont, jeez that can't be a good thing.

Loans
It's ok because the US consumer is spending money!...oh wait, not their money, they spend on credit and loans!...look at that graph go, at least the companies have some sense to not go on spending spees on borrowed money. Shoot interest rate hikes are not going to be fun for you guys

Confidence
well it's all good as long as confidence is high, looking at this graph it has declined a lot since bush took over, but it is going up, see how that is as people get more in debt with interest rates rising.

Spending
one last graph, spending way more than you earn is good fiscal sense right? :S

Let me reiterate this POST FOR A 3RD TIME!
Nice to see people are paying attention and not talking before they read...oh wait you DIDN'T do that...my bad...THANK YOU FOR PLAYING

 

[charrison]

Originally posted by: Stunt

You have yet to post anything factual. But thanks for playing.

Originally posted by: Stunt
My original point was to compare the economic outlook between when bush took the helm and now.

Jobs
from this chart we see that unemployment is up from 3.8% to 5.x%.
the next chart is pretty useless but bring your attention to the negative change in job numbers ONLY with bush in the last 12 years.
i'd also like to address the last chart which shows the unemployment claims down while unemployment doesn't move. Now either the bush admin are more efficient in distributing welfare, or they are kicking more people off it.

Hours
from this chart you can see the huge decline in work hours done by workers per week.
also not only were manufacturing jobs axed during his term, but between clinton and now they are working less hours and less overtime

Imports
Ah the import chart, every stong economy imports all their goods...oh wait no they dont, jeez that can't be a good thing.

Loans
It's ok because the US consumer is spending money!...oh wait, not their money, they spend on credit and loans!...look at that graph go, at least the companies have some sense to not go on spending spees on borrowed money. Shoot interest rate hikes are not going to be fun for you guys

Confidence
well it's all good as long as confidence is high, looking at this graph it has declined a lot since bush took over, but it is going up, see how that is as people get more in debt with interest rates rising.

Spending
one last graph, spending way more than you earn is good fiscal sense right? :S

Let me reiterate this POST FOR A 3RD TIME!
Nice to see people are paying attention and not talking before they read...oh wait you DIDN'T do that...my bad...THANK YOU FOR PLAYING

And that is a very one sided view. It only tells part of the story. Most economic indicators are positive at this point. No one has yet explained how anyone would have stopped the dot com bubble from bursting.
But i doubt you are goig to take the time to explain the relationship between recessions and economic cycles.

There was a recession that no president could have stopped, but you are to partisan to recognize this.

 

[Stunt]

Yes there was a recession, was it preventable, yes. It is policy that determines an economy's continued growth and prosperity. There should have been no reason for the economy itself to go into recession with the policies created by the clinton administration. Population growth in the US has been steady, there is still a huge trade deficit.
The tech bubble bursting had very little to do with the recession. Most of the jobs lost we manufacturing witch has nothing to do with high tech jobs.
The nasdaq was hit heavily, but that was only because the stock prices were way overvalued relative to revenues and net profits. It was bound to happen, stock prices at those heights just aren't sustainable. The huge drop in stock prices in high tech were not indicative of the slumping US economy as a whole.

 

[charrison]

Originally posted by: Stunt
Yes there was a recession, was it preventable, yes. It is policy that determines an economy's continued growth and prosperity. There should have been no reason for the economy itself to go into recession with the policies created by the clinton administration. Population growth in the US has been steady, there is still a huge trade deficit.
The tech bubble bursting had very little to do with the recession. Most of the jobs lost we manufacturing witch has nothing to do with high tech jobs.
The nasdaq was hit heavily, but that was only because the stock prices were way overvalued relative to revenues and net profits. It was bound to happen, stock prices at those heights just aren't sustainable. The huge drop in stock prices in high tech were not indicative of the slumping US economy as a whole.

So tell me again how anyone can stop a recession? Please tell me what roll the goverment had in venture capital that fueled the dotcom bubble?


And just so you know, the contraction of growth started in clinton's final year, there was even a quarter of negative growth. It was already starting before he left. Note, I am not blaming clinton for the recession.

 

[ElFenix]

Originally posted by: Vic
Low interest rates are over. While almost no one was watching, record low interest rates disappeared last month, and the prospect of very high interest rates now looms for the near future. Combined with high (and rising) gas prices, that cannot be good news for the economy, I don't care how many jobs are created (because unemployment was never that high in the first place).
There is a reason the stock market is down today, people. Mortgage rates went up 0.25% on this employment report today alone. Investors are very nervous.

greenspan raising interest rates with increasing fuel costs is part of what got us into this mess. that would be two recessionary factors right there!