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Posted by: ybdogsct 1 year, 5 months ago
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ybdogsct1 year, 5 months ago
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Then why don't you and NOSPINDAVE provide your DOCUMENTED EVIDENCE. Without it, your speculation means ******.
http://people.ischool.berkeley.edu/~hal/people/...
"The stock market does far better under Democrats. During those 72 years the stock market returned about 11% more a year under Democratic presidents and 2% more under Republicans - a striking difference."
DOW JONES UNDER CLINTON
http://finance.yahoo.com/q/hp?s=^DJI&a=00&b=20&...
"The DJIA rose steadily during the Clinton Presidency from 3300 in Jan 1993, to 11,500 by December 1999, before settling back at 10,600 by the time Clinton left office--a 221% increase."
DOW JONES UNDER BUSH
http://finance.yahoo.com/q/hp?s=^DJI&a=00&b=20&...
"The Dow Jones closing averages under George W. Bush has been relatively stagnant from 10,600 to 11,000--a meager 4% increase."
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protoham1 year, 5 months ago
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If you look at who controlled congress during these times of greatness you would see that it was the Republican party. Clinton only had 2 years when the dems had control of congress, and in that two years he and them increased taxes considerably.
Keep in mind the Budget is controlled by Congress, not the President.
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ybdogsct1 year, 5 months ago
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Actually, in the last several decades, it has been the president who sets economic policy and proposes a budget. Congress simply approves it and distributes the checks.
Here is Bush defending HIS (not Congress') economic policies.
http://www.whitehouse.gov/infocus/economy/
http://www.cnn.com/2004/ALLPOLITICS/03/10/bush....
Nice try, but it'll take more than that to overturn an academic, pee-reviewed study conducted by UCLA.
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mesodude1 year, 5 months ago
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"If you look at who controlled congress during these times of greatness you would see that it was the Republican party."
--So which Party was in control of Congress and the White House when we were given the biggest government in history? It was Republicans, right, proto? Of course it was...
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CRYMTYPHON1 year, 5 months ago
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"Keep in mind the Budget is controlled by Congress, not the President."
This is false.
The president proposes how much money will be spent,
through the Office of Management and Budget (OMB) .
The president vetoes what spending he does not like.
All congress can do is overide a veto, or else negotiate what to spend the proposed amount on.
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