Bush Econovomits

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Bush Econovomits
# 8 BUSHOVOMITS II

JOBS

NET NEW JOBS PER MONTH

Clinton—237,000

Carter—-218,000

Reagan—175,000

Bush II—-70,000 (He brags on this-wow)

TOTAL STOCK MARKET GROWTH

PERCENT INCREASE PER YEAR

Clinton—41%

Bush I—-21

Reagan—17

Carter——5

Bush II—–4 ( he calls this Zoom?)

How? Yes, much money has been made as the stocks climbed out of deep hole.

Example—Cisco zoomed from $75 to $15. Deep hole. Then, over six years it zoomed to $35.

S& P just recently reached it’s 2000 Level.

One-Half the Dow thousands just go back to 2000 level. Not Dow 30.

HOME COSTS

Average annual income to buy an average priced home

2000-3.2 years—-2006—5.4 years

An increase of 68% over six years.

The next noise you hear will be Foreclosure Boom

INFLATION

Ignore gasoline—home prices—education prices—heath care prices

Everything is beautiful if you can control the numbers.

MONEY SUPPLY

M-3

Increase in each decade

1970—1207 Billion

1980—2266

1990—2612

2000—3693 (6 years)

Increase per year for each decade

1970—120

1980—226

1990—261

2000—615 (6 years) will hit 800?

Life is grand when Chairman and all Federal Reserve Officials are “Conservative” Republicans

Ok! So the Europeans can buy our goods now—

In 2000 it took $.83 to buy a Euro. Now it takes $1.37

3 course-set lunch—London-$61.50—Nyc-$45

Four Seasons Room—London-$1,000—Nyc-$465

DEBT—

1980—Less than 1000 Billion (after 200 years)

1990—4,000 (12 years of Conservative Republicanism)

2000—5700

2007— 8881 (7-10-07) wow! More Spend and Borrow let Kids Pay Tomorrow Conservatism

SPENDING

Clinton last budget 1.84 Trillion. Bush up to 2.9 with one budget to go.

Reagan increased Total Sending by 80%. Bush may tie LBJ at 60%.

Note how Heritage-AEI and all Conservatives count only one-half of the budget as their presidents responsibility. Watch them on Revenues. They will cheat. They will use correlations where there is no connection.

SAVINGS

Total National Savings has gone negative for first time since Conservative Big Crash

PROFITS

Corporate profits at all time high

Buy overseas at $.50 cent per hour labor and sell to suckers as tho $10 per hour labor

Keep minimum wage as low as possible.

Use two part time instead one full time

Do not pay Insurance.

Maximize Profits like good Christians.

Ever hear of optimizing profits?

Buy Washington. It is cheap.

INTEREST RATES

Republican Federal Reserve let Clinton end with a 6.5 % rate then few months later gave Bush a 1% rate. If this Federal Reserve is non-partisan I will shoot a 61 tomorrow.

Greenspan gave Clinton 13 significant rate hikes during campaign years.

Everything is beautiful if you are Mega-Rich.

Clarence Swinney

Political Research Historian since 1991 on Reagan-Clinton-Bush II administrations

Burlington nc

[email protected]

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