Baldimo wrote:
You made the claim that Bush drove it up. I want to know how you claim this.
Simple. The president sets economic policy. He does not set the interest rate, but he can get his economic policies through Congress, usually. In addition, he can get passed various economic packages to stimulate or slow down the economy.
Baldimo wrote:If you don't know then it mustn't be true.
Baldimo, will you
please pay attention. I just gave you a beautiful analogy and you ignored it. Is it necessary to state the step by step procedures of anything to see if one practitioner is superior to another? No. Just as we see that Surgeon Jones is superior Surgeon Smith, because Surgeon Smith's liver transplant patients die at twice the rate of Surgeon Jones'. Do we have to know the ins and outs of liver transplant surgery to able to judge these two? No. We just look at the record, and make sure we get Surgeon Jones if we need a liver transplant.
Besides which, you righties spent eight long years telling us how great Reagan was compared to Carter. You showed employment charts, you showed all sorts of things. I didn't hear any gobbledygook about how step by step explanations were necessary back then. No sir. All you people said was "The record speaks for itself".
Well, guess what? The shoe is on the other foot now. Now
Clinton is the one who can say, "The record speaks for itself". And all of a sudden, the righties want involved explanations. They want details. They want step by step analyses. But all that wasn't necessary under Reagan. Oh no.
Baldimo wrote:I showed you some #'s did you ignore them?
You showed some numbers and I'm about to blow them out of the water in the next post.
Baldimo wrote:Clintons #'s only got good after the dot com boom.
Correction. Clinton's numbers got good as soon as he took office, as I have just illustrated in two charts, and more charts if you need them. Since you have difficulty actually reading or interpreting the two charts I posted, though, it looks like it's going to be slow going with you before I can post anything else.
Baldimo wrote:I can account for that. Times were good that can't be denied. Clinton didn't really have much to do with it, just happen to be in the right job at the right time.
Excuse me, you call
that an explanation? "Times were good"? Times were lousy until Clinton showed up, and times went lousy again after he left. And the deficit chart proves that Clinton had everything in the world to do with it. If that deficit was allowed to mount-and there was NOTHING Bush was going to do to stop it-the interest on the national debt would have financially crippled this country so it couldn't do a damn thing.
News flash-the national debt is the total of budget deficits plus interest. Let the deficits mount, and the more interest you must pay in your next budget before you even begin to pay for defense, social services, etc.
Did you realize that? Because by your postings, it seems likely you did not.
Baldimo wrote:While you're at it also explain how the same years also saw the worst cooking of the books in US history.
The companies that were "cooking the books" were a small percentage of the GDP. Despite some real personal tragedies, (Enron employees losing their pensions), the national figures were not much affected.
As for the "dot com boom"-what can I say? The bust was supposed to have happened back in 1999, but Clinton delivered more full time employees in both information processing and publishing, (including software) to Bush than ever before . The fact that Bush decided to follow his father, (doesn't he always?) into deficit spending is hardly Clinton's fault. Clinton's problem was saying no to chicks, not dealing with father conflicts.
Re the "dot com boom": Here's the number of full time employees in information technologies-the number goes up under Clinton, down under Bush.
Also re the "dot com boom": Here is the number of full time employees in publishing, including software-there was no separate category for software publishing. Once again, even though the "bust" was supposed to have happened in 1999, Clinton delivered more employees in the area than ever before to Bush, who proceeded to lessen the numbers. Again.