Bane? I'd say a dunderhead is more like it. Anyways Bush and company loved to throw around the phrase "Clinton recession", just another statement in a long line of Bushies' talking points.
America has become more a debt 'junkie' than ever before with total debt of $44 trillion with the highest debt ratio in history.
That's $147,312 per man, woman and child or $589,248 per family of 4, $44,312 more debt per family than last year.
Last year debt increased $3.5 Trillion, 5 times more than GDP. Household debt soared 12%.
And, the above does not include unfunded pensions and medical promises.
2 great questions bane of my nuts:
1. Can the production of debt forever replace the production of goods and savings?
2. Can Americans forever borrow their way to prosperity?
Easy Answer, butt boy.....NO WAY !!
2005 was a new, all-time record high in debt ratios of the household, business, and domestic financial sectors, also record debt ratios owed to trust funds. In the past year the debt record was even more scary, household debt increased 2 times faster than the economy and the federal government's bite out of trust funds set another record high.
In 2003, the average credit-card debt of US households with at least one card was $9,205, up from $2,966 in 1990, according to the research firm CardWeb.com, that's 310% higher. Even students are learning how to go into debt up to their necks. The federal General Accounting Office, according to AP's Martha Irvin in January 2002, says college students are graduating with an average of $19,400 in student loans. Additionally, average student credit card debt rose 46% from 1998 to 2000, according to the student loan agency Nellie Mae. Meanwhile, universities promote credit cards issued by agencies who kick-back to them.
So Butt Boy bane, choke on those numbers. And by the way, I didn't notice your name being Greenspan, so you can kiss my bane!
1st let me give you a little history lesson. When Clinton took office in 1993, he was embraced by some as a moderate change from the previous twelve years of tough on crime Republican administrations. Now after he left office, the criminal justice statistics showed that democratic President Bill Clinton had implemented arguably the most punitive platform on crime in the last two decades. In fact, "tough on crime" policies passed during the Clinton Administration's tenure resulted in the largest increases in federal and state prison inmates of any president in American history.
Throughout its tenure, the Clinton administration consistently supported increased penalties and additional prison construction. The Violent Crime Control and Law Enforcement Act of 1994 provided state and municipal governments with $30 billion to add 100,000 new police officers, to build more prisons, and to employ more prison guards, as well as funding for crime prevention programs.
So I felt safer, gas was cheaper, and I had a hell of alot more money during the Clinton years. So to use Reagan's quote, "Are you better off today, then you where when Bill Clinton left office in 2000?" I don't think so!
You are really grasping at straws Matt. Things getting desperate, no?
"Are you better off today, then you where when Bill Clinton left office in 2000?" I don't think so!
Dare I say it? Ditto to the above!
so... if Clinton's crime policies showed its effects during the Bush years, you'd have to concede that Clinton's economic policies also had some lag time to show their full effects... so I guess you're blaming the recession that happened at the beginning of bush's first term was because of Clinton.... finally ... some truth!
and i can definitely say i am better of today than i was after clinton.
What? KCJ please put the cookoo back in the clock. Gas is almost 3 dollars a gallon, wages are stagnate, and the deficit is beyond horrific. You call all this progress? Are you insane or just late on your Thorazine?
Can you source that "wages are stagnent" statement?
According to the Bureau of labor statistics, wages have increased in all categories since 2000, adjusted for inflation.
Gas prices have gone up while many other consumer products have gone down since 2000, according to the Consumer Price Index.
The deficit is transitory, I don’t believe you understand what a deficit is or you wouldn’t be making these unsubstantiated claims.
And your “history lesson” is flawed as well,
The Clinton Administration gave back to the States the money to add police in the form of block grants, the money ran out quickly and there was no more funds for the “100,000 police” you claim the States got. The money was used for equipment, retirements and a few police in selected States that had a State Police force.
Clinton’s “tough on crime” fakery resulted in wholesale pardons for democrat contributors and Friends of Bill.
Now, why don’t forget about the fantasies of the Clinton Administration and join the rest of us here in the 21st Century; George Bush is the President, not Bill Clinton, not Jimmy Carter, not Lyndon Johnson.
Nor Richard Nixon? Well close.
Wow you guys are really off topic. This thread is about the sharp decline of the death rate. Focus people, I know you can do it.
Bane? I'd say a dunderhead is more like it. Anyways Bush and company loved to throw around the phrase "Clinton recession", just another statement in a long line of Bushies' talking points.
America has become more a debt 'junkie' than ever before with total debt of $44 trillion with the highest debt ratio in history.
That's $147,312 per man, woman and child or $589,248 per family of 4, $44,312 more debt per family than last year.
Last year debt increased $3.5 Trillion, 5 times more than GDP. Household debt soared 12%.
And, the above does not include unfunded pensions and medical promises.
2 great questions bane of my nuts:
1. Can the production of debt forever replace the production of goods and savings?
2. Can Americans forever borrow their way to prosperity?
Easy Answer, butt boy.....NO WAY !!
2005 was a new, all-time record high in debt ratios of the household, business, and domestic financial sectors, also record debt ratios owed to trust funds. In the past year the debt record was even more scary, household debt increased 2 times faster than the economy and the federal government's bite out of trust funds set another record high.
In 2003, the average credit-card debt of US households with at least one card was $9,205, up from $2,966 in 1990, according to the research firm CardWeb.com, that's 310% higher. Even students are learning how to go into debt up to their necks. The federal General Accounting Office, according to AP's Martha Irvin in January 2002, says college students are graduating with an average of $19,400 in student loans. Additionally, average student credit card debt rose 46% from 1998 to 2000, according to the student loan agency Nellie Mae. Meanwhile, universities promote credit cards issued by agencies who kick-back to them.
So Butt Boy bane, choke on those numbers. And by the way, I didn't notice your name being Greenspan, so you can kiss my bane!
Uh,
Liberal jerk,
You posted this on the wrong thread.
"butt-boy"? I thought you liberals were the one's that were supposed to be tolerant of homosexuals. that's an offensive pejorative, but I guess you Buffoons are only tolerant when it suits your purpose.
"You liberals".
That's always an indication that what you're about to read is filled with objective, intelligent comments.
Oh wait, no it isn't. It's just an indication that you're about to hear more rhetoric talking-points that the writer or speaker copied from somewhere else from a person who thinks that there is actually much of a difference between the left and the right.
The truth is, you're both self-serving groups of asshats who want to screw the nation and the public in your own special ways. Some of you want to take all of our money. Others want to take all of our freedom. One wants to be the mommy-and-daddy-state that cares for me from cradle to grave at the expense of my taxes and freedom. The other wants to be the jesus-state that takes.. oh right.. my freedom.
So yes, you're accomplishing so much bickering amongst yourselves like retarded little children arguing over who's daddy is the toughest.
Morons.
I feel better, and hope that good news would also make everyone feel better.
But how the posts on this subject by moonbats can be negative is amazing. How can moonbats substain their negativity is beyond me. Their hatred will hurt their own health and no one elses.
Moonbats, pull back from your destructive thinking before it's too late. The life you save may be your own.
As steve says 'peace' find the peace within youselves.
Make a 'happy place' where Clinton is still president and having a good time in the halls.... Go there to that happy place and enjoy youselves.