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Thread: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by iguanaman View Post
    Here's a list of Presidents since Kennedy and the GDP growth in their terms. Carter did better than Reagan. Republicans since him have not managed to break 2%.


    Kennedy/Johnson 5.2%

    Clinton 3.7%

    Carter 3.4%

    Reagan 3.3%

    Nixon/Ford 2.7%

    Eisenhower 2.3%

    GHW Bush 1.9%

    Truman 1.8%

    GW Bush 1.7%
    1.7% of 13 trillion is more than 5.2% of 1 trillion. Heres the same list in inflation adj dollars

    Kennedy/Johson - 1.2 trillion increase
    Clinton - 2.5T increase
    Carter - 600B increase
    Reagan - 1.8T increase
    Nixon/Ford - 1.1T increase
    Eisenhower - 500B increase
    GHWBush - 600B increase
    Truman - 300B increase
    GWBush - 2T increase

    Since the 80s, weve been operating under supply side economic policy, low taxes, reduced regulation. Under both democrats and Republican presidents and congresses. Meanwhile, since the recession weve gone more towards Keynsian economics at least on spending and regulation. And the economy has stalled.

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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by jonny5 View Post
    1.7% of 13 trillion is more than 5.2% of 1 trillion. Heres the same list in inflation adj dollars

    Kennedy/Johson - 1.2 trillion increase
    Clinton - 2.5T increase
    Carter - 600B increase
    Reagan - 1.8T increase
    Nixon/Ford - 1.1T increase
    Eisenhower - 500B increase
    GHWBush - 600B increase
    Truman - 300B increase
    GWBush - 2T increase

    Since the 80s, weve been operating under supply side economic policy, low taxes, reduced regulation. Under both democrats and Republican presidents and congresses. Meanwhile, since the recession weve gone more towards Keynsian economics at least on spending and regulation. And the economy has stalled.
    I'm glad to hear that you consider Clinton's tax increases to be a supply side measure. We need more of that kind of supply, it's called REVENUE.
    Nice spin on the miserable growth during Bush 8 years. Even with the housing bubble. It is all about the % the total has nothing to do with growth.

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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by haymarket View Post
    Did we not already have this discussion with the millions of jobs, wings and playboy centerfolds throwing themselves at me?
    No, I'm afraid that's one of those dreams you had before you woke up and remembered that there were only 96,000 jobs, a cold, half-eaten order of Chicken McNuggets, and, well... your internet connection.

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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by Grim17 View Post
    Hey Pete, why don't you use ALL jobs created rather than cherry picking the catagory that best fits you agenda?
    You mean include government jobs too? I thought you didn't like big government.
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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by pbrauer View Post
    The GOP doesn't care what they do to win; it's the ends that justifies the means with them.

    That tactic was invented by Plato, and was used by both Machiavelli and Karl Marx.
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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by Helix View Post
    prosperity will trickle down any day now.
    We have to wait for the poverty to stop trickling up first.
    “Tyranny is defined as that which is legal for the government but illegal for the citizenry.”
    ― Thomas Jefferson

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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by danarhea View Post
    That tactic was invented by Plato, and was used by both Machiavelli and Karl Marx.
    Plato invented it but was used by Machiavelli, a political adviser and military strategist for Florence, and a German political philosopher and philosopher of history? Somehow, I think your scope is a little small, in addition to a misinterpretation of Machiavelli's thought, let alone Marx or Plato.
    Michael J Petrilli-"Is School Choice Enough?"-A response to the recent timidity of American conservatives toward education reform. https://nationalaffairs.com/publicat...-choice-enough

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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by iguanaman View Post
    I'm glad to hear that you consider Clinton's tax increases to be a supply side measure. We need more of that kind of supply, it's called REVENUE.
    Nice spin on the miserable growth during Bush 8 years. Even with the housing bubble. It is all about the % the total has nothing to do with growth.
    What spin? I posted the facts. The economy grew by 2 trillion under Bush, EVEN with a recession. Percentages are a way to spin real numbers, by making everything relative.

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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by Fiddytree View Post
    Plato invented it but was used by Machiavelli, a political adviser and military strategist for Florence, and a German political philosopher and philosopher of history? Somehow, I think your scope is a little small, in addition to a misinterpretation of Machiavelli's thought, let alone Marx or Plato.
    what amazes me is the utter banality of the claim that ends justifying means is somehow wrong. ends always justify means. that's why you take the means. the problem is when the ends don't justify the means.

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    Re: US economy adds 96K jobs, rate falls to 8.1 pct. [W:123]

    Quote Originally Posted by Aberration View Post
    We have to wait for the poverty to stop trickling up first.
    Poverty is what happens to the middle class after GOP policy sucks them dry.

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