I would tell you, but I doubt you would believe it since I already pointed this fact out earlier. You should be knowledgeable about what you speak of, else not be respected here.
The increases in revenue grew strong under Reagan. The economy was far better when he left, than what he had taken over.
Last edited by Lord of Planar; 10-03-13 at 01:15 PM.
The debt only grew by 134% under Reagan in his 8 years when you look at the fiscal years he signed budgets for instead of days in office. At the rate Obama's debt is increasing, it will be 116% greater under his budgets. That's pretty bad considering he has such low debt rats when Reagan's debt rates were multiple times greater. If I go back to calender time in office, at the rate Obama's debt is increasing, it will be about 158% more than when he took office.
These calculations are using table 1.1 and 7.1 of the OMB history.
Clinton had The Lord of Planar, and my buddies, helping him. The Y2K scare, and internet boom. The Y2K scare was over before Bush took office, but wow... the revenues from corporate profits poured in. The internet bubble popped earlier in Bush's first term, and there was 9/11 too. The recession came after democrats elected to congress promised to be the poor's Robin Hood against the rich.
CMP (Chemical Mechanical Planarization) was a new process in the early 90's It was the paradigm shift that allowed the semiconductor industry to break the 1 micron line widths on chips. I was instrumental in CMP in the 90's, and I know how it revolutionized the industry.
"We have met the enemy and they are ours..." -- Oliver Hazard Perry
"I don't want a piece of you... I want the whole thing!" -- Bob Barker
Bush tried to avert the recession caused by the I/T collapse by stoking the flames for a boom in housing market, which allowed people to supplement their incomes through borrowing while allowing banks to leverage at unheard of rates. He also threw a blind eye at all the fraud in the mortgage industry as worthless sub-prime portfolios were sold off to foreign investors. Oh, and on top of all that, there was also the whole war-thing, which buried new technologies in that Top Secret underworld again. In the end, all of that bit him in the ass.
We are all impressed.
Hopefully you'll turn your prodigious talents to the problem of Fusion, or a Universal Theory for Physics. Maybe if you have time in a couple weeks?
That being said...I'm pretty sure the Y2K scare didn't help the economy a whole lot, and the Internet boom was a stock market event rather than a GDP event...at least back in the 90s.
Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.