Re: Bill Clinton oversaw the return of the American economy after the

On Jul 8, 7:31=A0pm, Don Ocean <oc...@[EMAIL PROTECTED]
> wrote:
> fargo116 wrote:
> > On Jul 7, 9:51 pm, Miles Long <Mi...@[EMAIL PROTECTED]
> wrote:
> >> American Patriot wrote:
> >>> yes, the clinton years just kept getting =A0better and better and
> >>> better.
> >>> even though the military was downscaled, those who left the military
> >>> during that time were able to get jobs, and at good wages.
> >>> republicans today try to say that were it not for the payroll of the
> >>> military servicepeople, the US economy would be even worse. =A0heck,
=
the
> >>> US economy has lost jobs for the past 6 months under GWBush!
> >>> also, the value of the US dollar has continued to decline since 2003
> >>> (not much of a concidence, the year the occupations of iraq and
> >>> afghanistan) against other world currency. =A0not to mention that
> >>> gasoline was $1.40 a gallon back in 2002, and now has hit $4.10
> >>> because of the increased demands due to the occupations. =A0and let
n=
o
> >>> one forget that dick cheney's halliburton, via the no-bid contract
> >>> awarded it by GWBush, gets a stipend off of every gallon the troops
> >>> use in the occupations of iraq and afghanistan.
> >>> leave it to republicans to mess up the US economy. =A0they always
do!
> >>> vote for fiscal sanity, as well as the poor and middle cl***** in
> >>> 2008. =A0vote for democrats!
> >> Here's my contribution to your golden oldies...
>
> >>http://home.att.net/~jrhsc/jobwelldone.html
>
> >> A NATION TRANSFORMED
>
> >> Clinton-Gore Administration Accomplishments: 1993 - 2000
>
> >> For the past seven and a half years, President Clinton and Vice
> >> President Gore have been guided by three core values: building a
> >> community of all Americans; creating op****tunity for all Americans;
an=
d
> >> demanding responsibility from all Americans. Pursuing policies based
o=
n
> >> these values has resulted in tremendous progress for our nation, and
a
> >> strong America at the dawn of the 21st Century. The President and
Vice
> >> President are committed to a "New Op****tunity Agenda" to build on our
> >> progress and expand our prosperity until it reaches every corner of
th=
e
> >> nation.
>
> >> Economy: the Strongest Economy in a Generation
>
> >> Longest Economic Expansion in U.S. History. In February 2000, the
Unit=
ed
> >> States entered the 107th consecutive month of economic expansion --
th=
e
> >> longest economic expansion in history. [National Bureau of Economic
> >> Research and Council of Economic Advisors]
>
> >> Moving From Record Deficits to Record Surplus. In 1992, the Federal
> >> budget deficit was $290 billion - the largest dollar deficit in
Americ=
an
> >> history. In January 1993, the Congressional Budget Office projected
th=
at
> >> the deficit would grow to $455 billion by 2000. The Office of
Manageme=
nt
> >> and Budget is now projecting a surplus of at least $230 billion for
20=
00
> >> - the third consecutive surplus and the largest surplus ever, even
aft=
er
> >> adjusting for inflation. Compared with original projections, that is
> >> over $685 billion less in government drain on the economy and over
$68=
5
> >> billion more potentially available for private investment in this one
> >> year alone. The 2000 surplus is projected to be 2.4 percent of GDP --
> >> the largest surplus as a share of GDP since 1948. This is the first
ti=
me
> >> we have had three surpluses in a row in more than a half century, and
=
it
> >> is the second consecutive surplus excluding Social Security. [Office
o=
f
> >> Management! and Budget; National Economic Council, 9/27/00]
>
> >> Paying Off the National Debt. In July 2000, the Treasury Department
> >> announced that the United States will pay off $221 billion of debt
thi=
s
> >> year -- the largest one-year debt pay down in American history. This
> >> will be the third consecutive year of debt reduction, bringing the
> >> three-year total to $360 billion. Public debt is on track to be $2.4
> >> trillion lower in 2000 than was projected in 1993. Debt reduction
brin=
gs
> >> real benefits for the American people -- a family with a home
mortgage
> >> of $100,000 might expect to save roughly $2,000 per year in mortgage
> >> payments. Reduced debt also means lower interest rates and reduced
> >> payments on car loans and student loans. With the President's plan,
we
> >> are now on track to eliminate the nation's publicly held debt by at
> >> least 2012. [Treasury Department, Office of Economic Policy, From
> >> Widening Deficits to Paying Down the Debt: Benefits for the American
> >> People, 8/4/99]
>
> >> More Than 22 Million New Jobs. 22.2 million new jobs have been
created
> >> since 1993, the most jobs ever created under a single Administration
-=
-
> >> and more new jobs than Presidents Reagan and Bush created during
their
> >> three terms. 92 percent (20 million) of the new jobs have been
created
> >> in the private sector, the highest percentage in 50 years. Under
> >> President Clinton and Vice President Gore, the economy has added an
> >> average of 248,000 jobs per month, the highest under any President.
Th=
is
> >> compares to 52,000 per month under President Bush and 167,000 per
mont=
h
> >> under President Reagan. [Bureau of Labor Statistics]
>
> >> Fastest and Longest Real Wage Growth in Over Three Decades. In the
las=
t
> >> 12 months, average hourly earnings have increased 3.8 percent --
faste=
r
> >> than the rate of inflation. The United States has had five
consecutive
> >> years of real wage growth -- the longest consecutive increase since
th=
e
> >> 1960s. Since 1993, real wages are up 6.5 percent, after declining 4.3
> >> percent during the Reagan and Bush years. [National Economic Council,
=
6/00]
>
> >> Household Income Breaks $40,000 for First Time in History. Income for
> >> median households rose $1,072, or 2.7 percent, from $39,744 in 1998
to
> >> $40,816, marking an unprecedented fifth year of significant growth in
> >> income. In 1999, the median income of African American households
> >> increased from $25,911 in 1998 to $27,910 -- an increase of $1,999,
or
> >> 7.7 percent, which is the largest one-year increase ever recorded.
The
> >> income of the median Hispanic household, adjusted for inflation,
> >> increased from $28,956 in 1998 to $30,735 in 1999 -- an increase of
> >> $1,779, or 6.1 percent, which is the largest one-year increase ever
> >> recorded. [Census Bureau, Money Income in the United States: 1999,
9/2=
6/00]
>
> >> Unemployment is the Lowest in Over Three Decades. Unemployment is
down
> >> from 7.5 percent in 1992 to 3.9 percent in September, the lowest in
mo=
re
> >> than three decades. The unemployment rate has fallen for seven years
i=
n
> >> a row, and has remained below 5 percent for 37 months in a row --
over
> >> three full years. Unemployment for African-Americans fell to the
lowes=
t
> >> level ever recorded, and for Hispanics it remains at historic lows.
> >> [Bureau of Labor Statistics]
>
> >> Highest Homeowner****p Rate in History. The homeowner****p rate reached
> >> 67.2 percent in the second quarter of 2000 -- the highest ever
recorde=
d.
> >> Minority homeowner****p rates were also the highest ever recorded. In
> >> contrast, the homeowner****p rate fell from 65.6 percent in the first
> >> quarter of 1981 to 63.7 percent in the first quarter of 1993. There
ar=
e
> >> almost 9 million more homeowners than in 1993. [Bureau of the Census,
> >> 7/26/00]
>
> >> Lowest Poverty Rate Since 1979. In 1999, the poverty rate dropped
from
> >> 12.7 percent to 11.8 percent, the lowest rate in two decades. Since
> >> President Clinton and Vice President Gore passed their Economic Plan
i=
n
> >> 1993, the poverty rate has declined from 15.1 percent in 1993 to 11.8
> >> percent in 1999 - the largest six-year drop in poverty in nearly 30
> >> years (1964-1970). There are now 7 million fewer people in poverty
tha=
n
> >> in 1993, and over 2.2 million, or over 30 percent, of this decline
> >> occurred during the past year. [Census Bureau, Poverty in the United
> >> States: 1999, 9/26/00]
>
> >> Largest One-Year Drop in Child Poverty in More than Three Decades.
Und=
er
> >> President Clinton and Vice President Gore child poverty has dropped
by
> >> 25.6 percent -- from 22.7 percent in 1993 to 16.9 percent in 1999.
Whi=
le
> >> this is still too high, it is the lowest child poverty rate since
1979
> >> and includes the largest one-year decline since 1966, which occurred
> >> from 1998 to 1999. The African American child poverty rate has fallen
> >> 28.2 percent since 1993, and dropped from 36.7 percent in 1998 to
33.1
> >> percent in 1999 -- the largest one-year drop in history and the
lowest
> >> level on record (data collected since 1959). The Hispanic child
povert=
y
> >> rate has fallen by 26 percent since 1993, and dropped from 25.6
percen=
t
> >> in 1998 to 22.8 percent in 1999 -- the lowest level since 1979.
[Censu=
s
> >> Bureau, Poverty in the United States: 1999, 9/26/00]
>
> >> Families and Communities: Strengthening America's Working Families
>
> >> Tax Cuts for Working Families. 15 million additional working families
> >> received additional tax relief because of the President's expansion
of
> >> the Earned Income Tax Credit. In 1999, the EITC lifted 4.1 million
> >> people out of poverty - nearly double the number lifted out of
poverty
> >> by the EITC in 1993. This year, the President proposed expanding the
> >> EITC to provide tax relief to an additional 6.8 million hard-pressed
> >> working families. [Good News for Low Income Families: Expansions in
th=
e
> >> EITC and Minimum Wage, CEA, 12/98; Census Bureau]
>
> >> Helping Parents Balance Work and Family. The Family and Medical Leave
> >> Act allows workers to take up to 12 weeks of unpaid leave to care for
> >> seriously ill family members, new born or adoptive children, or their
> >> own serious health problems without fear of losing their jobs. Nearly
=
91
> >> million workers (71% of the labor force) are covered by the Family
and
> >> Medical Leave Act and millions of workers have benefited from FMLA
sin=
ce
> >> its enactment. President Clinton has proposed expanding FMLA to allow
> >> workers to take up to 24 unpaid hours off each year for school and
ear=
ly
> >> childhood education activities, routine family medical care, and
carin=
g
> >> for an elderly relative. [Five Years of Success: Re****t on FMLA,
> >> Department of Labor, 8/98 (updated number provided 7/99)]
>
> >> Improved Access to Affordable, Quality Child Care and Early Childhood
> >> Programs. Under the Clinton-Gore Administration, federal funding for
> >> child care has more than doubled, helping parents pay for the care of
> >> about 1.5 million children in 1998, and the1996 welfare reform law
> >> increased child care funding by $4 billion over six years to provide
> >> child ...
>
> > Yeah but all the GOP cocksuckers can focus on is "Where's MY 21-year-
> > old?" The fact that Big Bill got a hummer and didn't have to pay for
> > it, drives them crazy with fury because they know they'd have to pay
> > their wives for one.
>
> > S. Olson
>
> Immediately after that hummer, Billy-Bob went to Israel and handed them
> $23 million from Presidential discretionary funds. A blatant misuse of
> that fund and a very expensive payment for a Jew Blowjob. I bet you
> would have given him the same service for $2.00. As for the great
> economy...That was because Billy-Boi didn't mess with Reagenomics.
> Neither did the first B ush.. It worked for Reagen, Bush Senior,
> Billy-Bob, and The first term for Shrub. But Shrub was too stupid and
> oil/Jew greedy to let that continue.

LOL....actually, he did no such thing, Donny. You're just FURIOUS with
helpless rage that Big Bill got something for free--from a fat Jewess,
no less--that you'd have to pay a young boy to get.

Big Bill 'messed' with Reaganomics from Day One. So did Bush the
Smarter, remember Bush the Smarter's "read my lips" thing? They knew
it was unworkable. Big Bill raised taxes on the rich to pay for
Reagan's deficits, which were huge.  If Big BIll didn't 'mess with
Reaganomics' what are you so angry about? LOL.

Then he goes and hands the Drunken Frat Boy a $230 billion surplus,
which the Drunken Frat Boy proceeds to blow, along with another $400
billion amd the lives of more than 4,100 kids in a country that never
attacked us.

S. Olson