she gets to the point around the 1m mark. <iframe width="640" height="480" src="//www.youtube.com/embed/QgJrVhmQnj8" frameborder="0" allowfullscreen></iframe>
Not if you compare it to any similar period post WWII, but before the tax rates were lowered. The only era that had similar or worse economic performance than the 80s was the 70s (and that was after the first round of large cuts in the top tax rates, under Kennedy). Lower tax rates have led to massive deficits and the largest debt our country has ever seen. They have not resulted in better economic performance based on any metric I have ever seen. The only claims I have seen to the contrary are unsupported assertions by pundits and partisans.
Source? It was to my understanding that government cuts post-FDR (who prolonged the depression IMO with his social welfare policies), and lowered taxes along with the cutting of import taxes was the driving force behind the ending of the great depression. I'm not discrediting your post, just wondering if you could educate me on your point of view.
clearly. That's why the White House spokesman today couldn't even come up with a success story about her tenure
Keep kicking that dead bloated Benghazi corpse for the next two years and you will be cursing at the television watching HRC being sworn in as the next President.
You mean the corpses that HRC and Obama created by their inaction????? Yea, I will keep kicking it even if the main stream media will not.
Enjoy... Sure HRC and her supporters hope there are many others out there just like you... Maybe she will send you a Presidential ashtray if she is elected.
lol, I am quite sure you would take the same thought approach had Bush been in power when this travesty happened?????
I did have the same thought approach when Reagan was in power when a worse travesty happened. I also had the same thought approach when Bush was in power when several embassy attacks happened and 3000 Americans were killed on our own soil. You're the partisan here, stop projecting.
You and every other liberal on here have been kicking the Bush corpse for a decade or so. I figure we have a couple more years left in this one.
Only if what you mean by "kicking the Bush corpse" is "appropriately assigning blame for things for which Bush should be blamed."
In 1999, they bought a $1.7 million dollar house. In 2000 they bought a $2.85 million dollar house. So, if they came in with very little, they left with enough to make those large purchases.
Compare U.S.performance to other developed nation's performance during the same time period. Remember Carter and his malaise speech too.
Quick answer, going off the gold standard was expansionary monetary policy. Christina Romer (of the Obama admin) studied it closely. http://en.m.wikipedia.org/wiki/Christina_Romer Romer showed that fiscal policy played a relatively small role in the recovery from the depression in the US, because taxes were raised in the US almost as quickly as government spending increased during the New Deal. However, accidental monetary policy played a large role in the US recovery from depression. This monetary policy came first from the devaluation of the dollar in terms of gold in 1933–1934, and later from the flight of European capital to the relatively stable US as war in Europe became more likely.[7]
I think we were distracted by the 4,000 needlessly dead GIs and crappy weapons intel, at least until the unregulated mortgage industry imploded and destroyed the economy. "Approaching" thoughts requires a sneakiness and introspection that entails comprehensive focus.
Go ahead, keep kicking ... Just don't be shocked if she is the next President. Your myopic childlike ignorance is stunning... It isn't a matter of right or wrong or you did it first.. It is a matter of cutting off your nose to spite your face.
