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How is that fair?
It's not the point of the thread.
Just how stupid is Michelle Bachmann?
OBAMA!!!!!!!!!!!!!!!!!!!!
some idiots think that making a mistake means you are stupid
She just said she won't get into a mud-wrestling fight with Palin.
I think she meant mud-slinging?
Under Clinton, the budget SURPLUS last four years -- longer than the internet bubble.
The below link has a graph showing budget surplus/deficit and it's pretty interesting. Note that the deficits Bush was running in some years occurred while the economy was strong.
http://factcheck.org/2008/02/the-budget-and-deficit-under-clinton/
"But even so, when the govt. ran surpluses and paid off all its debt that it could, the govt. was taking more than it needed and I see no point in that."
While I agree with that statement, I think it would be a huge luxury to be fighting over how we can make the budget surplus bigger. In fact, that would pretty much be a dream lol
D'oh! NASDAQ went up over 300% from 1995 to Sept 1999. That's a really long bubble.
D'oh! NASDAQ went up over 300% from 1995 to Sept 1999. That's a really long bubble.
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Doh!, except for the fact the first two years of the bubble you point to are at or below the level of the nasty, horrible economy that Bush supposedly had to endure when his presidency began. Depending on what you are arguing, you call it a bubble/strong economy for Clinton and a crash equivalent to the meltdown of the financial system for Bush? So which is it?
maybe i havent been paying attention, but what is this meant to show? that as soon as bush took over the nasdaq plummeted?
Sure looks like W was a lot better at running the economy after a bubble burst than Obama is.
Bush took office on January 21, 2001.
so like i said...when he took over the nasdaq plummeted?
not that i blame him though, that would be dumb as fuck
Sure looks like W was a lot better at running the economy after a bubble burst than Obama is.
Dang but I wish it was that simple. Our economy would be booming by now.
Again, your statement is true only if the facts and circumstances are the same. A bubble that bursts in a single sector is far different than severe problems to the financial system that sits under all sectors of the economy.
When the tech bubble burst, I worked in a tech focused firm that was on the frontlines of that dip and felt it far harder than most people. It's been clear to me that the recent problems were much, much more difficult.
9/11 happened a few months into his presidency and hit the travel industry - especially companies like Boeing and the airlines.
How did your real estate do in the 1990s? My house was underwater in 1992, but was worth 5x what I paid for it in 2000.
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Job creation boomed after 29 months of Bush. Compare to Obama.
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Job creation boomed after 29 months of Bush. Compare to Obama.
Look again. It fell from over 4343 to ~1593 before he took office, or before he was even a candidate.
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Job creation boomed after 29 months of Bush. Compare to Obama.


Like I said, starting two wars is a great way to give a temporary boost. That fool peace lovin' Obama needs to get more serious about picking fights. Libya, North Korea or maybe Iran -- he just needs to pick one.
Revised: hey, wait a minute. Take out the first three months of office when "Barry" was taking out Dubya's garbage and Bush doesn't look so kickass. That plot makes a weak argument for you, maybe a better one against you.
If red is Obama, look at how far down his start was, and how high the peak was compared to Bush's. Although his drop off around M18 was pretty bad.
Michele Bachmann is smarter than most posters in here and smarter than the current occupant of the Oval Office.
