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| 5/17 |
| 2008/1/23-31 [Politics/Domestic/President/Clinton, Politics/Domestic/President/Reagan, Politics/Domestic/President/Bush] UID:48991 Activity:low |
1/22 Sweet, Bush's stimulus package is nearly *twice as large* as the
one Clinton proposed in 1993, but couldn't get passed. Go
Bushonomics!
\_ So who are you blasting? Is it a good idea that was unfairly spiked
in 1993, so....Bush is bad?
\_ Dunno about op, but I find it to be more evidence of how BushCo
is lacking in principles, even ones I don't support. Morally
bankrupt doesn't do it justice.
\_ Wait, wasn't congress a majority D in 1993? What does this
have to do with BushCo? Okay, now checking:
http://en.wikipedia.org/wiki/103rd_United_States_Congress
The D's had a majority in both houses and the presidency. How
does what they failed to pass mean anything wrt Bush?
\_ Clinton proposed a stimulus package that would have raised
the Deficit; har, har, snicker conservatives, typical Dem.
Bush proposes _twice as large_ stim package, yet pretends
to be fiscally conservative Rep in the tradition of Reagan.
The irony is enough to cure world-wide anemia.
\_ Reagan was never fiscally conservative.
Reagan == trickle down economics. High deficit spending
is not being fiscally conservative. Ron Paul is the
only current candidate promoting fiscal conservativism.
\_ Bush hasn't pretended to be fiscally conservative for a
long time. It's why he's lost a lot of his base. See
the thread from 1/18 on that very topic. -emarkp
\_ Now you're memorizing threads+date? Dang you're
a major motd-snob.
\_ more like a major motd-geek than a motd-snob.
\_ No, I'm not memorizing it, I just remember
mentioning it a few days ago. Checking the history
was easy. -emarkp
\_ Yes, you know that, I know that, lots of people
know that. He still keeps pretending.
\_ So the real story is that Clinton proposed an R idea, and a D
congress shot it down?
\_ The real story is that there are no conspiracies. It's all out
in the open.
\_ These economic stimulus packages are bogus and don't address the
fact that the economy is being hollowed out and the financial
system is out of control due to lack of any kind of regulation.
Out of control lending and speculation, twin deficits over a
trillion a year is setting up the system for collapse, all this
shit Bush and the Fed are doing is just delaying the inevitable.
\_ The important thing is delaying shit hitting the fan until
someone else takes over, then it's their problem.
\_ Yup -- the shit will hit the fan around 2010/2012 when
peak oil arrives so whatever party wins the election
will get one term and then get dumped (see Carter)
\_ You're totally nuts if you think Carter got kicked out
because of oil prices or economic events his
administration wasn't mostly responsible for. Maybe
you also heard of this little thing called The Iran
Hostage Crisis? Are you old enough to remember the
daily count-up on the news reminding us yet another
day had gone by while our people were held by a
foreign power while Carter stood around with two thumbs
up his ass telling us how America should get used to
being a third rate power? Sheesh. I could go on but
there's no point.
\_ I had forgotthen how Reagan solved the Iran hostage
crisis in the first 5 minutes of his Presidency ...
\_ I'm sure you forgot because it has nothing at all
to do with anything I said about Carter. Nice
try.
\_ PEEK OIL!!!!11!!
\_ Yeah, we got to this point for a reason. Cutting the rate
more and spending more is just digging the hole deeper. Maybe
it will prop up housing again for a while with more cheap credit.
\_ Isn't the economy more than twice as large today?
\_ Not even close. It's like ~9:13. 1:1.7 in real dollars.
(According to US budget tables.)
\_ Is Bush's budget stimulus twice as large in real dollars
or nominal dollars? In nominal dollars the economy is
almost exactly twice as big:
http://www.forecasts.org/data/data/GDP.htm
\_ For some reason I was comparing against 2000. You're
right about nominal dollars vs. 1993. But in real dollars
it's still only like 33% bigger. Hooray for inflation.
And that also assumes the government CPI shit is accurate.
(I'll let the op figure out whatever he was referring to.) |
| 5/17 |
|
| en.wikipedia.org/wiki/103rd_United_States_Congress Virgin Islands The names of members of the House of Representatives elected statewide at-large, are preceded by an "At-Large," and the names of those elected from districts, whether plural or single member, are preceded by their district numbers. Many of the congressional district numbers are linked to articles describing the district itself. Since the boundaries of the districts have changed often and substantially, the linked article may only describe the district as it exists today, and not as it was at the time of this Congress. |
| www.forecasts.org/data/data/GDP.htm Financial Forecast Center Home Page Title: Gross Domestic Product, 1 Decimal Series ID: GDP Source: US Department of Commerce: Bureau of Economic Analysis Release: Gross Domestic Product Seasonal Adjustment: Seasonally Adjusted Annual Rate Frequency: Quarterly Units: Billions of Dollars Date Range: 1947-01-01 to 2006-10-01 Last Updated: 2007-01-31 10:35 AM CT Notes: A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/bea/an/nipaguid.pdf) DATE VALUE 1947-01-01 237.2 1947-04-01 240.5 1947-07-01 244.6 1947-10-01 254.4 1948-01-01 260.4 1948-04-01 267.3 1948-07-01 273.9 1948-10-01 275.2 1949-01-01 270.0 1949-04-01 266.2 1949-07-01 267.7 1949-10-01 265.2 1950-01-01 275.2 1950-04-01 284.6 1950-07-01 302.0 1950-10-01 313.4 1951-01-01 329.0 1951-04-01 336.7 1951-07-01 343.6 1951-10-01 348.0 1952-01-01 351.3 1952-04-01 352.2 1952-07-01 358.5 1952-10-01 371.4 1953-01-01 378.4 1953-04-01 382.0 1953-07-01 381.1 1953-10-01 375.9 1954-01-01 375.3 1954-04-01 376.0 1954-07-01 380.8 1954-10-01 389.5 1955-01-01 402.6 1955-04-01 410.9 1955-07-01 419.5 1955-10-01 426.0 1956-01-01 428.3 1956-04-01 434.2 1956-07-01 439.3 1956-10-01 448.1 1957-01-01 457.2 1957-04-01 459.2 1957-07-01 466.4 1957-10-01 461.5 1958-01-01 454.0 1958-04-01 458.1 1958-07-01 471.7 1958-10-01 485.0 1959-01-01 495.4 1959-04-01 508.4 1959-07-01 509.3 1959-10-01 513.2 1960-01-01 526.9 1960-04-01 526.1 1960-07-01 528.9 1960-10-01 523.6 1961-01-01 527.9 1961-04-01 539.0 1961-07-01 549.4 1961-10-01 562.5 1962-01-01 576.0 1962-04-01 583.2 1962-07-01 590.0 1962-10-01 593.3 1963-01-01 602.4 1963-04-01 611.2 1963-07-01 623.9 1963-10-01 633.5 1964-01-01 649.6 1964-04-01 658.8 1964-07-01 670.5 1964-10-01 675.6 1965-01-01 695.7 1965-04-01 708.1 1965-07-01 725.2 1965-10-01 747.5 1966-01-01 770.8 1966-04-01 779.9 1966-07-01 793.4 1966-10-01 807.1 1967-01-01 817.9 1967-04-01 822.5 1967-07-01 837.1 1967-10-01 852.8 1968-01-01 879.9 1968-04-01 904.2 1968-07-01 919.4 1968-10-01 936.3 1969-01-01 961.0 1969-04-01 976.3 1969-07-01 996.5 1969-10-01 1004.6 1970-01-01 1017.3 1970-04-01 1033.2 1970-07-01 1050.7 1970-10-01 1052.9 1971-01-01 1098.3 1971-04-01 1119.1 1971-07-01 1139.3 1971-10-01 1151.7 1972-01-01 1190.6 1972-04-01 1225.9 1972-07-01 1249.7 1972-10-01 1287.0 1973-01-01 1335.5 1973-04-01 1371.9 1973-07-01 1391.2 1973-10-01 1432.3 1974-01-01 1447.0 1974-04-01 1485.3 1974-07-01 1514.2 1974-10-01 1553.4 1975-01-01 1570.0 1975-04-01 1605.6 1975-07-01 1663.1 1975-10-01 1714.6 1976-01-01 1772.6 1976-04-01 1804.9 1976-07-01 1838.3 1976-10-01 1885.3 1977-01-01 1939.3 1977-04-01 2006.0 1977-07-01 2066.8 1977-10-01 2111.6 1978-01-01 2150.0 1978-04-01 2275.6 1978-07-01 2336.2 1978-10-01 2417.0 1979-01-01 2464.4 1979-04-01 2527.6 1979-07-01 2600.7 1979-10-01 2660.5 1980-01-01 2725.3 1980-04-01 2729.3 1980-07-01 2786.6 1980-10-01 2916.9 1981-01-01 3052.7 1981-04-01 3085.9 1981-07-01 3178.7 1981-10-01 3196.4 1982-01-01 3186.8 1982-04-01 3242.7 1982-07-01 3276.2 1982-10-01 3314.4 1983-01-01 3382.9 1983-04-01 3484.1 1983-07-01 3589.3 1983-10-01 3690.4 1984-01-01 3809.6 1984-04-01 3908.6 1984-07-01 3978.2 1984-10-01 4036.3 1985-01-01 4119.5 1985-04-01 4178.4 1985-07-01 4261.3 1985-10-01 4321.8 1986-01-01 4385.6 1986-04-01 4425.7 1986-07-01 4493.9 1986-10-01 4546.1 1987-01-01 4613.8 1987-04-01 4690.0 1987-07-01 4767.8 1987-10-01 4886.3 1988-01-01 4951.9 1988-04-01 5062.8 1988-07-01 5146.6 1988-10-01 5253.7 1989-01-01 5367.1 1989-04-01 5454.1 1989-07-01 5531.9 1989-10-01 5584.3 1990-01-01 5716.4 1990-04-01 5797.7 1990-07-01 5849.4 1990-10-01 5848.8 1991-01-01 5888.0 1991-04-01 5964.3 1991-07-01 6035.6 1991-10-01 6095.8 1992-01-01 6196.1 1992-04-01 6290.1 1992-07-01 6380.5 1992-10-01 6484.3 1993-01-01 6542.7 1993-04-01 6612.1 1993-07-01 6674.6 1993-10-01 6800.2 1994-01-01 6911.0 1994-04-01 7030.6 1994-07-01 7115.1 1994-10-01 7232.2 1995-01-01 7298.3 1995-04-01 7337.7 1995-07-01 7432.1 1995-10-01 7522.5 1996-01-01 7624.1 1996-04-01 7776.6 1996-07-01 7866.2 1996-10-01 8000.4 1997-01-01 8113.8 1997-04-01 8250.4 1997-07-01 8381.9 1997-10-01 8471.2 1998-01-01 8586.7 1998-04-01 8657.9 1998-07-01 8789.5 1998-10-01 8953.8 1999-01-01 9066.6 1999-04-01 9174.1 1999-07-01 9313.5 1999-10-01 9519.5 2000-01-01 9629.4 2000-04-01 9822.8 2000-07-01 9862.1 2000-10-01 9953.6 2001-01-01 10021.5 2001-04-01 10128.9 2001-07-01 10135.1 2001-10-01 10226.3 2002-01-01 10333.3 2002-04-01 10426.6 2002-07-01 10527.4 2002-10-01 10591.1 2003-01-01 10705.6 2003-04-01 10831.8 2003-07-01 11086.1 2003-10-01 11219.5 2004-01-01 11430.9 2004-04-01 11649.3 2004-07-01 11799.4 2004-10-01 11970.3 2005-01-01 12173.2 2005-04-01 12346.1 2005-07-01 12573.5 2005-10-01 12730.5 2006-01-01 13008.4 2006-04-01 13197.3 2006-07-01 13322.6 2006-10-01 13487.2 Financial Forecast Center Home Page |