alt.politics.gw-bush

"Miles Long" wrote in message
news:pIidnZMWEpV6mHHbnZ2dnUVZ_o_inZ2d@ ...
> Woodsman wrote:
>> BUSH'S FEWER JOBS:
>>
>> June and July witnessed a stagnant job market, and August saw the first
>> job decline since 2003, "bringing average monthly job growth for the past
>> three months to less than a third of what's needed simply to absorb new
>> people entering the job market."
>>
>> Manufacturing employment suffered the largest monthly loss since 2003,
>> shedding 46,000 jobs, and construction employment fell by 22,000 jobs.
>> /dia/ ?v=2&c=Zo%2B0e6ZxBd5zCBuQ%2BdjHqJq2iQBoNbjL
>>
>> Even those Americans who are employed have suffered meager wages, with
>> middle-class incomes barely rising over the last 30 years.
>> /dia/ ?v=2&c=rVywRbDW7flzCBuQ%2BdjHqJq2iQBoNbjL
>>
>> During the same period, however, "households in the top income quintile
>> gained 84 percent and those in the top 1 percent gained 450 percent." As
>> one economist noted, "This is a recipe for an unjust economy.
>>
>> It's the reason why many of us remain unconvinced when policy elites
>> offer us their cheerleading routine about how great the economy is
>> doing." The inequality extends over racial lines as well. The median
>> household income for white families was nearly 64 percent higher than
>> that for black families in 2006, the most recent year for which data is
>> available.
>> /dia/ ?v=2&c=oaF6A9AkrpdzCBuQ%2BdjHqJq2iQBoNbjL
>>
>> Anyway you cut it, Bush and his beer hall putsch has only benefitted the
>> Rumsfelds & Cheneys & the LED CHINESE.
>> Enormously.
>> Bush's legacy? How do you give a legacy to a fuck-up?
>>
>>
>
> And when you compare the last seven years to Clinton/Gore, even the
> dumbest Republican has no intelligent response:
>
> /~jrhsc/
>
> Clinton-Gore Administration Accomplishments: 1993 - 2000
>
> Economy: the Strongest Economy in a Generation
>
> Longest Economic Expansion in . History. In February 2000, the United
> States entered the 107th consecutive month of economic expansion -- the
> longest economic expansion in history. [National Bureau of Economic
> Research and Council of Economic Advisors]
>
> Moving From Record Deficits to Record Surplus. In 1992, the Federal budget
> deficit was $290 billion - the largest dollar deficit in American history.
> In January 1993, the Congressional Budget Office projected that the
> deficit would grow to $455 billion by 2000. The Office of Management and
> Budget is now projecting a surplus of at least $230 billion for 2000 - the
> third consecutive surplus and the largest surplus ever, even after
> adjusting for inflation. Compared with original projections, that is over
> $685 billion less in government drain on the economy and over $685 billion
> more potentially available for private investment in this one year alone.
> The 2000 surplus is projected to be percent of GDP --
> the largest surplus as a share of GDP since 1948. This is the first time
> we have had three surpluses in a row in more than a half century, and it
> is the second consecutive surplus excluding Social Security. [Office of
> Management! and Budget; National Economic Council, 9/27/00]
>
> Paying Off the National Debt. In July 2000, the Treasury Department
> announced that the United States will pay off $221 billion of debt this
> year -- the largest one-year debt pay down in American history. This will
> be the third consecutive year of debt reduction, bringing the three-year
> total to $360 billion. Public debt is on track to be $ trillion lower
> in 2000 than was projected in 1993. Debt reduction brings real benefits
> for the American people -- a family with a home mortgage of $100,000 might
> expect to save roughly $2,000 per year in mortgage payments. Reduced debt
> also means lower interest rates and reduced payments on car loans and
> student loans. With the President's plan, we are now on track to eliminate
> the nation's publicly held debt by at least 2012. [Treasury Department,
> Office of Economic Policy, From Widening Deficits to Paying Down the Debt:
> Benefits for the American People, 8/4/99]
>
> More Than 22 Million New Jobs. million new jobs have been created
> since 1993, the most jobs ever created under a single Administration --
> and more new jobs than Presidents Reagan and Bush created during their
> three terms. 92 percent (20 million) of the new jobs have been created in
> the private sector, the highest percentage in 50 years. Under President
> Clinton and Vice President Gore, the economy has added an average of
> 248,000 jobs per month, the highest under any President. This compares to
> 52,000 per month under President Bush and 167,000 per month under
> President Reagan. [Bureau of Labor Statistics]
>
> Fastest and Longest Real Wage Growth in Over Three Decades. In the last 12
> months, average hourly earnings have increased percent -- faster than
> the rate of inflation. The United States has had five consecutive years of
> real wage growth -- the longest consecutive increase since the 1960s.
> Since 1993, real wages are up percent, after declining percent
> during the Reagan and Bush years. [National Economic Council, 6/00]
>
> Household Income Breaks $40,000 for First Time in History. Income for
> median households rose $1,072, or percent, from $39,744 in 1998 to
> $40,816, marking an unprecedented fifth year of significant growth in
> income. In 1999, the median income of African American households
> increased from $25,911 in 1998 to $27,910 -- an increase of $1,999, or
> percent, which is the largest one-year increase ever recorded. The income
> of the median Hispanic household, adjusted for inflation, increased from
> $28,956 in 1998 to $30,735 in 1999 -- an increase of $1,779, or
> percent, which is the largest one-year increase ever recorded. [Census
> Bureau, Money Income in the United States: 1999, 9/26/00]
>
> Unemployment is the Lowest in Over Three Decades. Unemployment is down
> from percent in 1992 to percent in September, the lowest in more
> than three decades. The unemployment rate has fallen for seven years in a
> row, and has remained below 5 percent for 37 months in a row -- over three
> full years. Unemployment for African-Americans fell to the lowest level
> ever recorded, and for Hispanics it remains at historic lows. [Bureau of
> Labor Statistics]
>
> Highest Homeownership Rate in History. The homeownership rate reached
> percent in the second quarter of 2000 -- the highest ever recorded.
> Minority homeownership rates were also the highest ever recorded. In
> contrast, the homeownership rate fell from percent in the first
> quarter of 1981 to percent in the first quarter of 1993. There are
> almost 9 million more homeowners than in 1993. [Bureau of the Census,
> 7/26/00]
>
> Lowest Poverty Rate Since 1979. In 1999, the poverty rate dropped from
> 1 percent to percent, the lowest rate in two decades. Since
> President Clinton and Vice President Gore passed their Economic Plan in
> 1993, the poverty rate has declined from percent in 1993 to
> percent in 1999 - the largest six-year drop in poverty in nearly 30 years
> (1964-1970). There are now 7 million fewer people in poverty than in 1993,
> and over million, or over 30 percent, of this decline occurred during
> the past year. [Census Bureau, Poverty in the United States: 1999,
> 9/26/00]
>
> Largest One-Year Drop in Child Poverty in More than Three Decades. Under
> President Clinton and Vice President Gore child poverty has dropped by
> percent -- from 2 percent in 1993 to percent in 1999. While
> this is still too high, it is the lowest child poverty rate since 1979 and
> includes the largest one-year decline since 1966, which occurred from 1998
> to 1999. The African American child poverty rate has fallen percent
> since 1993, and dropped from percent in 1998 to percent in
> 1999 -- the largest one-year drop in history and the lowest level on
> record (data collected since 1959). The Hispanic child poverty rate has
> fallen by 26 percent since 1993, and dropped from percent in 1998 to
> percent in 1999 -- the lowest level since 1979. [Census Bureau,
> Poverty in the United States: 1999, 9/26/00]
>
> ----------------------------------------------------------------------
>
> Miles "McJob" Long

Now THERE'S a Legacy folks but all the Fascist GOP can remember is a blow
job.
It must be starkly visable in GOP Land.