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Defiant
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WISCONSIN
Aug 1999 time: 05:36
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quote: Originally posted by Sava
Defiant... I'm talking about Real GDP figures... not the Dow Jones or Nasdaq. 
from Economic History Services: http://eh.net/hmit/gdp/gdp_answer.php
From 1993 to 2000 (the Clinton years) Real GDP grew from $7.532 trillion to $9.817 trillion. A growth of $2.285 trillion... the largest growth in an 8 year period of GDP in the history of mankind. The Reagan years, as you can see, saw about $1.5 trillion in Real GDP growth. Note that after 1981 (and the massive tax cuts) the GDP SHRUNK! Also note that GDP growth slowed after 2000. The first year of the Bush presidency (when the recession started in MARCH of 2001, so Bush didn't "inherit" a recession), saw slow, but not negative growth. So your "burst bubble" theory is more about the stock market. The GDP, not the stock market, is the number to look at when talking about the economy.
I'm available to educate you further if necessary. |
You can't used the dollars, you can use adjusted dollars for the time value of money. A better way to look at it is percents, Reagan grew the GDP by 31% and Clinton(based on Reaganomics ) grew it by 33%, big whoop de da. Stock market is a good basis for understanding what is happening in the economy, if the NASDAQ go from 5000 to 2000, somebody is going to lose their jobs and that is what happened. One could argue if there was a planned GDP, some could have said without the privledge of hindsight that the GDP should have been $11,800 trillion(2000), totally bogus but the plan since so many new jobs were being created through .com's until they folded like a deck of cards and reality sets in
and 2000 would be at 9,800. Like I said the expansion was too quick and without merit. Since Bush took office, yes it has been gradual increases but more stable.
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Defiant
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WISCONSIN
Aug 1999 time: 05:36
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quote: Originally posted by MRT144
i see. so not fighting a war results in more dead people and money spent. i would have never thought that! please educate me more in right wing ignorance oh great one. |
Well, genius level intelligence,
How many more 3,000 civilians do you want to lose in attacks like the WTC, one enough, how about two, three or four, maybe 5, 6, 7. Do you really think if we don't change the ME we will be safe, you are a fool if you think that, and no argument will convince you until they hit you or someone you love. It is a shame that's what it take to convince you.
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Defiant
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WISCONSIN
Aug 1999 time: 05:36
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quote: Originally posted by The Emperor Fabulous
But that's not the point I was making: my point was that when education is better funded, you get a better student and thus a better component of society. You said that education will always be there, and you don't need so much taxes going to education. I was simply making the point that it does make a difference.
I went to school in Delavan, in Walworth county. |
I am making the argument that just throwing cash at a problem is not the solution. I don't pretend to know the answer to a perfect educational program, but we have seen where blindly throwing money at the problem does not get results. As you probably know Wisconsin is becoming the haven for Hmong aliens and now in my district (SPASH), they have their own HS channel, they have their own language and to me this is a complete waste of money. If you are in the USA, espeically MID-Wisconsin, you better learn our language. When my grandfolks arrived here, they sure as hell didn't get the Polish channel or speak Polish in a community taxed program. This money could be spent more wisely or not spent at all. And there is alot of these super individual programs, that if you tried to support them all or anything some liberal can dream up, we will go broke.
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MRT144
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Seattle Washington
Oct 2002 time: 21:36
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iraq was not in any way shape or form responsible. and thats where the money is going. put your head back in the sand.
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All times are GMT. The time now is 05:36. Apolyton Time is 00:36. |
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