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Bush: Economy Down Because Of Home Building
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De
20/02/2008 13:34:08
 
 
À
20/02/2008 13:11:06
Information générale
Forum:
Politics
Catégorie:
Autre
Divers
Thread ID:
01294089
Message ID:
01294373
Vues:
18
>According to Bill. But not according to everyone else:
>
>Clinton unabashedly proclaimed the economy the best in 30 years while ignoring the previous five economic expansions which averaged a 4.4 percent annual growth. The Clinton economic recovery, by comparison, has produced an average growth rate of 2.4 percent, ranking as the worst economic recovery in more than a century.
>
>http://findarticles.com/p/articles/mi_m1571/is_n47_v12/ai_18956021
>
>But I will grant you this (and note the claim for 30 years does hold up for unemployment rates):
>
>http://clinton5.nara.gov/WH/Accomplishments/eightyears-03.html


I havn't researched Anthony's historical statements (the first link above), but he leaves something to be desired as a prognosticator;

"The onset of another recession will further affect wages and median family income. It also significantly will reduce tax revenues and add to a federal deficit which already will begin a steep upward trend in 1997. Four years after Clinton's historic retroactive tax increase, the epitaph of Clintonomics can be written: It was nothing more than a risky tax scheme that will blow a hole in the budget deficit."
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