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Shang
01-13-2009, 03:57 PM
From the Press Conference:

"...In terms of the economy -- look, I inherited a recession," No, not true. President Clinton left office in 2001 with a federal budget surplus of $127 billion.

"I'm ending on a recession." True. George Bush's projected 2009 deficit is predicted to be $342 billion. http://www.cnn.com/2008/POLITICS/07/28/2009.deficit/

"In the meantime, there were fifty-two months of uninterrupted job growth." Not true. The Bush administration created about three million jobs (net) over its eight years, a fraction of the 23 million jobs created under President Clinton's administration." http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/

"And I defended tax cuts when I campaigned, I helped implement tax cuts when I was president" Far from acting as an economic tonic, the tax cuts "are neither sustainable nor beneficial" without massive cuts in government spending far beyond what Bush or any candidate to succeed him has proposed, said Alan D. Viard, a former economist in the BushWhite House who is a resident scholar at the American Enterprise Institute.

"Now, obviously these are very difficult economic times. That depends on where you stand. Exxon Mobil made history on Friday by reporting the highest quarterly and annual profits ever for a U.S. company, boosted in large part by soaring crude prices. http://money.cnn.com/2008/02/01/news/companies/exxon_earnings/

"It's a -- when people analyze the situation, there will be a -- this problem started before my presidency. It obviously took place during my presidency.The question facing the president is not when the problem started, but what did you do about it when you recognized the problem..."
The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient warnings that foretold the financial meltdown, according to an Associated Press review of regulatory documents.
http://www.msnbc.msn.com/id/28001417/

John of Phoenix
01-13-2009, 04:07 PM
President Clinton left office in 2001 with a federal budget surplus of $127 billion.

... 23 million jobs created under President Clinton's administration.

And reds bitch about putting Clinton people back in charge. :rolleyes:

Ian McColgin
01-13-2009, 04:11 PM
Just part of the feckless neo-con attempt to revise reality.

capt jake
01-13-2009, 04:32 PM
Put Newt back as Speaker and I'll simmer down a bit.
That'll be a long time, Milo. Better just simmer down anyway. ;) Go make some cookies or something. :)

John of Phoenix
01-13-2009, 05:51 PM
Put Newt back as Speaker and I'll simmer down a bit.

It's up to you guys to get him back in. He's waaaaay too conservative for the new republicans.
Now if he were more like Palin, he'd be back in a flash but he's too intelligent to fit the bill.

P.I. Stazzer-Newt
01-13-2009, 05:54 PM
Put Newt back as Speaker and I'll simmer down a bit.

Whadaya mean "Back" - If nominated I will not run, if elected...

Phillip Allen
01-13-2009, 05:56 PM
semantic fellas...Joe Stallin created jobs

htom
01-13-2009, 05:59 PM
Clinton left with a federal surplus and two consecutive down quarters. Don't confuse the two.

http://money.cnn.com/2002/08/07/news/economy/bush_cheney/

http://www.nationalreview.com/nrof_luskin/luskin200405050850.asp

Cuyahoga Chuck
01-13-2009, 06:19 PM
Clinton left with a federal surplus and two consecutive down quarters. Don't confuse the two.

http://money.cnn.com/2002/08/07/news/economy/bush_cheney/

http://www.nationalreview.com/nrof_luskin/luskin200405050850.asp

If that is so then there should have been enough bootie in the treasury for the government to intervene and get the economy back on an even keel to keep the tax dollars rolling in.
As I recall that never occured and the surplus disappeared. What happened?
The National Review is NOT a source of record unless one is an acolyte of "Smirkin Bill" Kristol. Got anything intellectually acceptible?

htom
01-13-2009, 06:23 PM
The link above that is CNN, from long before the current squabble started.

Peter Malcolm Jardine
01-13-2009, 06:26 PM
I listened to part of that press conference.... this guy still amazes me at his balls.... and total lack of brains. He got voted in... twice;)

LeeG
01-13-2009, 06:27 PM
Put Newt back as Speaker and I'll simmer down a bit.

you mean the guy who worked so hard for Ahmed Chalabi, family values, and pre-emptive war?

capt jake
01-13-2009, 06:27 PM
I listened to part of that press conference.... this guy still amazes me at his balls.... and total lack of brains. He got voted in... twice;)
Amazing, isn't it? ;)

Osborne Russell
01-13-2009, 08:15 PM
"I just can't envision myself, you know, with a big straw hat and Hawaiian shirt, sitting on some beach," he said "particularly since I quit drinking."

-- http://www.startribune.com/politics/national/37477094.html?elr=KArks:DCiUo3PD:3D_V_qD3L:c7cQKUi D3aPc:_Yyc:aUU


Indeed how will he silence his conscience from now on?

With a simian grin and a heh heh heh, "Not tryna be poplar with the elite part o'me."

Vince Brennan
01-13-2009, 08:47 PM
I listened to part of that press conference.... this guy still amazes me at his balls.... and total lack of brains. He got voted in... twice;)

Revisionist!:D

TimH
01-14-2009, 12:19 AM
Bill Clinton didnt treat the national treasury like a brat kid who just got permission to break open his piggy bank.