Pacfanweb said:
IseWolf22 said:
Pacfanweb said:
IseWolf22 said:
jkpackfan said:
Me too. I'm guessing if Biden wins we won't hear too much more about COVID.
The media loves fear. They won't give this up
To be fair, I wouldn't be surprised if it's framed as Biden cleaning up Trumps mess, no matter how far past the election it is.
Well of course that's exactly how they're going to frame it. Obama blamed Bush for some things right up to his last day in office.
And Trump can't stop blaming Obama.
Round and round it goes. The BS never stops spinning
Bush inherited a recession from Clinton. I don't recall him blaming Clinton for that.
LMFAO..... my condo was selling for pre-opening $380,000 in 2003, in late 2005 when we purchased it was $510,000 and in late $2006 they were selling for $789,000 and in early-mid-2007 they were selling for $249,000 and 1/3 were in bankruptcy. Now they are at ~$350,000. Bush II
Bush I to Clinton
President Clinton's Record on the Economy: In 1992, 10 million Americans were unemployed, the country faced record deficits, and poverty and welfare rolls were growing. Family incomes were losing ground to inflation and jobs were being created at the slowest rate since the Great Depression.
Strong Economic Growth: Since President Clinton and Vice President Gore took office, economic growth has averaged 4.0 percent per year, compared to average growth of 2.8 percent during the Reagan-Bush years.
Most New Jobs Ever Created Under a Single Administration: The economy has created more than 22.5 million jobs in less than eight years
Unemployment at Its Lowest Level in More than 30 YearsLowest Inflation since the 1960s: Inflation is at the lowest rate since the Kennedy Administration, averaging 2.5 percent
Highest Homeownership Rate on Record: The homeownership rate reached 67.7 percent for the third quarter of 2000, the highest rate on record.
President Clinton's Record on Fiscal Discipline: Between 1981 and 1992, the national debt held by the public quadrupled. The annual budget deficit grew to $290 billion in 1992, the largest ever, and was projected to grow to more than $455 billion by Fiscal Year (FY) 2000. As a result of the tough and sometimes unpopular choices made by President Clinton, and major deficit reduction legislation passed in 1993 and 1997, we have seen eight consecutive years of fiscal improvement for the first time in America's history.
Largest Surplus Ever: The surplus in FY 2000 is $237 billionthe third consecutive surplus and the largest surplus ever.
Largest Three-Year Debt Pay-Down Ever: Between 1998-2000, the publicly held debt was reduced by $363 billionthe largest three-year pay-down in American history. Under Presidents Reagan and Bush, the debt held by the public quadrupled.
Lower Federal Government Spending: After increasing under the previous two administrations, federal government spending as a share of the economy has been cut from 22.2 percent in 1992 to 18 percent in 2000the lowest level since 1966.
Americans Benefit from Reduced Debt: Because of fiscal discipline and deficit and debt reduction, it is estimated that a family with a home mortgage of $100,000 might expect to save roughly $2,000 per year in mortgage payments, like a large tax cut.
Extended Medicare Solvency from 1999 to 2025. When President Clinton took office, Medicare was expected to become insolvent in 1999, then only six years away. The 1993 deficit reduction act dedicated some of the taxes paid by Social Security beneficiaries to the Medicare Trust Fund and extended the life of Medicare by three years to 2002. Thanks to additional provisions to combat waste, fraud and abuse and bipartisan cooperation in the 1997 balanced budget agreement, Medicare is now expected to remain solvent until 2025.
The Most U.S. Exports Ever. Between 1992 and 2000, U.S. exports of goods and services grew by 74 percent, or nearly $500 billion, to top $1 trillion for the first time.
1.4 Million More Jobs due to Exports: Jobs supported by American exports grew by 1.4 million between 1994 and 1998
Lowest Inflation since the 1960s: Inflation is at the lowest rate since the Kennedy Administration
Higher Incomes at All Levels: After years of stagnant income growth among average and lower-income families, all income brackets have experienced double-digit income growth since 1993. The bottom 20 percent saw the largest income growth at 16.3 percent