As I said, Quoting CNN. The link is there so you can see the quotes. You could even read the article, if you can read.
Wake Up, America! Wake Up! PLEASE!!
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As I said, Quoting CNN. The link is there so you can see the quotes. You could even read the article, if you can read.
You're such a brainwashed halfwit that trump could have a go on your Mrs, burn your house down and take all the money from your back accounts and you'd still have your tongue up his arsehole.
You're such a belter. Comedy gold.
lack of leadership
The Lost Month: How a Failure to Test Blinded the U.S. to Covid-19
WASHINGTON — Early on, the dozen federal officials charged with defending America against the coronavirus gathered day after day in the White House Situation Room, consumed by crises. They grappled with how to evacuate the United States consulate in Wuhan, China, ban Chinese travelers and extract Americans from the Diamond Princess and other cruise ships
The members of the coronavirus task ******* typically devoted only five or 10 minutes, often at the end of contentious meetings, to talk about testing, several participants recalled. The Centers for Disease Control and Prevention, its leaders assured the others, had developed a diagnostic model that would be rolled out quickly as a first step.
But as the deadly virus from China spread with ferocity across the United States between late January and early March, large-scale testing of people who might have been infected did not happen — because of technical flaws, regulatory hurdles, business-as-usual bureaucracies and lack of leadership at multiple levels, according to interviews with more than 50 current and former public health officials, administration officials, senior scientists and company executives.
The result was a lost month, when the world’s richest country — armed with some of the most highly trained scientists and infectious disease specialists — squandered its best chance of containing the virus’s spread. Instead, Americans were left largely blind to the scale of a looming public health catastrophe.
The absence of robust screening until it was “far too late” revealed failures across the government, said Dr. Thomas Frieden, the former C.D.C. director. Jennifer Nuzzo, an epidemiologist at Johns Hopkins, said the Trump administration had “incredibly limited” views of the pathogen’s potential impact. Dr. Margaret Hamburg, the former commissioner of the Food and ******* Administration, said the lapse enabled “exponential growth of cases.”
And Dr. Anthony S. Fauci, a top government scientist involved in the fight against the virus, told members of Congress that the early inability to test was “a failing” of the administration’s response to a deadly, global pandemic. “Why,” he asked later in a magazine interview, “were we not able to mobilize on a broader scale?”
Across the government, they said, three agencies responsible for detecting and combating threats like the coronavirus failed to prepare quickly enough. Even as scientists looked at China and sounded alarms, none of the agencies’ directors conveyed the urgency required to spur a no-holds-barred defense.
The Lost Month: How a Failure to Test Blinded the U.S. to Covid-19
WASHINGTON — Early on, the dozen federal officials charged with defending America against the coronavirus gathered day after day in the White House Situation Room, consumed by crises. They grappled with how to evacuate the United States consulate in Wuhan, China, ban Chinese travelers and extract Americans from the Diamond Princess and other cruise ships
The members of the coronavirus task ******* typically devoted only five or 10 minutes, often at the end of contentious meetings, to talk about testing, several participants recalled. The Centers for Disease Control and Prevention, its leaders assured the others, had developed a diagnostic model that would be rolled out quickly as a first step.
But as the deadly virus from China spread with ferocity across the United States between late January and early March, large-scale testing of people who might have been infected did not happen — because of technical flaws, regulatory hurdles, business-as-usual bureaucracies and lack of leadership at multiple levels, according to interviews with more than 50 current and former public health officials, administration officials, senior scientists and company executives.
The result was a lost month, when the world’s richest country — armed with some of the most highly trained scientists and infectious disease specialists — squandered its best chance of containing the virus’s spread. Instead, Americans were left largely blind to the scale of a looming public health catastrophe.
The absence of robust screening until it was “far too late” revealed failures across the government, said Dr. Thomas Frieden, the former C.D.C. director. Jennifer Nuzzo, an epidemiologist at Johns Hopkins, said the Trump administration had “incredibly limited” views of the pathogen’s potential impact. Dr. Margaret Hamburg, the former commissioner of the Food and ******* Administration, said the lapse enabled “exponential growth of cases.”
And Dr. Anthony S. Fauci, a top government scientist involved in the fight against the virus, told members of Congress that the early inability to test was “a failing” of the administration’s response to a deadly, global pandemic. “Why,” he asked later in a magazine interview, “were we not able to mobilize on a broader scale?”
Across the government, they said, three agencies responsible for detecting and combating threats like the coronavirus failed to prepare quickly enough. Even as scientists looked at China and sounded alarms, none of the agencies’ directors conveyed the urgency required to spur a no-holds-barred defense.
lack of leadership
Senator says White House turned down emergency coronavirus funding in early February
WASHINGTON — Sen. Chris Murphy, a Connecticut Democrat, says that Trump administration officials declined an offer of early congressional funding assistance that he and other senators made on Feb. 5 during a meeting to discuss the coronavirus.
The officials, including Health and Human Services Secretary Alex Azar, said they “didn’t need emergency funding, that they would be able to handle it within existing appropriations,” Murphy recalled in an interview with Yahoo News’ “Skullduggery” podcast.
“What an awful, horrible catastrophic mistake that was,” Murphy said.
On Feb. 5, Murphy tweeted: “Just left the Administration briefing on Coronavirus. Bottom line: they aren't taking this seriously enough. Notably, no request for ANY emergency funding, which is a big mistake. Local health systems need supplies, training, screening staff etc. And they need it now.”
Murphy told Yahoo News that the funding he and other congressional leaders wanted to allocate nearly two months ago would have paid for essential preventative measures, including hiring local screening and testing staff, researching a vaccine and treatments and the stockpiling of needed medical supplies.
“The consequences of that in Connecticut is that we're going to test less people today than we tested yesterday,” Murphy told “Skullduggery” hosts Michael Isikoff and Daniel Klaidman. “And that means that there are lots of people who are positive who are not going to know it, who are then going to be in contact with other people, who are going to spread the disease.”
Senator says White House turned down emergency coronavirus funding in early February
WASHINGTON — Sen. Chris Murphy, a Connecticut Democrat, says that Trump administration officials declined an offer of early congressional funding assistance that he and other senators made on Feb. 5 during a meeting to discuss the coronavirus.
The officials, including Health and Human Services Secretary Alex Azar, said they “didn’t need emergency funding, that they would be able to handle it within existing appropriations,” Murphy recalled in an interview with Yahoo News’ “Skullduggery” podcast.
“What an awful, horrible catastrophic mistake that was,” Murphy said.
On Feb. 5, Murphy tweeted: “Just left the Administration briefing on Coronavirus. Bottom line: they aren't taking this seriously enough. Notably, no request for ANY emergency funding, which is a big mistake. Local health systems need supplies, training, screening staff etc. And they need it now.”
Murphy told Yahoo News that the funding he and other congressional leaders wanted to allocate nearly two months ago would have paid for essential preventative measures, including hiring local screening and testing staff, researching a vaccine and treatments and the stockpiling of needed medical supplies.
“The consequences of that in Connecticut is that we're going to test less people today than we tested yesterday,” Murphy told “Skullduggery” hosts Michael Isikoff and Daniel Klaidman. “And that means that there are lots of people who are positive who are not going to know it, who are then going to be in contact with other people, who are going to spread the disease.”
MSN
www.msn.com
wants people to THINK he gave them the money...help with his campaign
Trump Reportedly Wants His Signature on Coronavirus Stimulus Checks
President Donald Trump signed into law a record $2.2 trillion stimulus bill on Friday to help boost the economy and help push resources to health care providers amid the coronavirus crisis. The bill is the largest package to bring relief to business and individuals that has ever been approved in the country’s history and Trump seemed to be in awe of the final price tag when he was signing the bill. “I never signed anything with a T on it,” he said.
Even though the president thanked “Democrats and Republicans for coming together and putting America first,” it seems he wants Americans to thank him for any checks they receive. Trump has told people he wants his signature to appear on the direct payment checks, an administration official told the Wall Street Journal. A civil servant would normally sign the checks.
Trump Reportedly Wants His Signature on Coronavirus Stimulus Checks
President Donald Trump signed into law a record $2.2 trillion stimulus bill on Friday to help boost the economy and help push resources to health care providers amid the coronavirus crisis. The bill is the largest package to bring relief to business and individuals that has ever been approved in the country’s history and Trump seemed to be in awe of the final price tag when he was signing the bill. “I never signed anything with a T on it,” he said.
Even though the president thanked “Democrats and Republicans for coming together and putting America first,” it seems he wants Americans to thank him for any checks they receive. Trump has told people he wants his signature to appear on the direct payment checks, an administration official told the Wall Street Journal. A civil servant would normally sign the checks.
MSN
www.msn.com
I've read it twice, two times more than you. And have already posted your loss on this article. Go back and find it.
Wow more pollical claptrap based on a few quotes for a Democrat politician almost a full two months after the supposed conversation. Almost 8 weeks 24 hours of the left wing media propaganda saying Trump failed and all of sudden this Democrat put this out. and MSM writes an opinion piece. Then you put it out like a smoking gun of I gotcha. Epic Fail.
As you say this whole thing is opinion. And based on what you post this is lies. Why are you putting out opinion? Why are you supporting the division of the American People? Are you a fascist?
I have posted it and read it several times......the loss is the country.....to your/party/people
No body but Trump haters care. We know Orange Man Bad.
wow...more of your unbiased and factual opinions....back to no substance....or have we ever had any today?
Well if you read it so much you would ask- Where is the definitive evidentiary statements? Why does a good portion of it start or end with looks like, could be or likely might be sentences. It is nothing but statements or unconnected events with opinion trying to create linkage. It is a classic say it enough and low information Democrats will buy it as fact. It is all conjecture and opinion.
Yeah we did and you admitted you don't like learning and that three pages of text is too long.
The fact is there is no substance in your post. It is Bull ******* propaganda.
Again why did it take him 8 weeks to publish the made up story?
WITH LINKS....pay attention now
The Trump Kleptocracy
The presidency is officially a cash grab — and a pitstop on the way to autocracy
The convictions of Paul Manafort and Michael Cohen this August shined a light on the type of people Trump chooses to work with. He said he’d employ the “best people”; instead, he employed crooks.
Trump is Leading the Most Corrupt Administration in U.S ...
https://www.newsweek.com/2017/11/10/trump...
Trump is Leading the Most Corrupt Administration in U.S. History, One of First-Class Kleptocrats . By Alexander Nazaryan On 11/02/17 at 9:54 AM EDT . Republican presidential nominee Donald Trump …
Behind all the outrage, the Manafort and Cohen convictions show that Trump’s government is building an American kleptocracy. The Washington Post has described how kleptocracy, or “rule by thieves,” arises when a country’s elite begin to systematically steal from public funds on a vast scale.
This is where the United States is headed. Trump’s government is powered by people who want to see tax cuts for their own benefit, without a care for the cost to others. This runs from voters backing pro-tax-cut candidates to the upper echelons of the GOP that are complicit in what Fortune magazine is calling “the biggest wealth grab in modern history.”
Trump Tax Plan Benefits Wealthy, Including Trump - The New ...
https://www.nytimes.com/2017/09/27/us/politics/trump-tax-plan-wealthy-middle-class...
Sep 27, 2017 · The plan would also benefit Mr. Trump and other affluent Americans by eliminating the estate tax, which affects just a few thousand uber-wealthy families each year, and the alternative minimum tax …
It is far from the first time a person like Trump has run a country. History may determine it was inevitable that the United States would go the way of countries like Russia, Turkey, China, and many others, electing a leader who could facilitate transferring the country’s wealth to a small number of private individuals. The thing about kleptocracy is that it doesn’t need to break the law because those doing it are writing the law—but the outcome is the same.
How many republican lawyers in congress – Answers
www.answers.com republican_lawyers_in_congress
May 29, 2012 · Sixty percent of the U.S. Senate is lawyers. Enough said. 37.2% of the House of Representatives are lawyers. There are 81 Republican lawyers in Congress who list "lawyer…
Answers - The Most Trusted Place for Answering Life's Questions
Answers.com is the place to go to get the answers you need and to ask the questions you want
Trump was helped to power by a conspiracy of billionaires, including Vladimir Poroshenko and Robert Mercer. From this angle, you could argue that while the Russian attack on American democracy was partly political, it was mainly just about business. After all, the Russian government is a mafia gang for whom international politics is a business operation. By helping to power a man they helped make rich, they can weaken one of the main international obstacles to their own efforts to drain Russia of cash.
Unequal Russia: is anger stirring in the global capital of ...
https://www.theguardian.com/inequality/2017/apr/25/unequal-russia-is-anger-stirring-in...
This presidency is but a brief window to grab as much cash as possible before being inevitably booted back out.
The extent of Trump’s kleptocracy is becoming clear now, with his second proposed tax cut for the rich. The Trump government is ramping up the national debt by $1.5 trillion over 10 years while taking hundreds of billions of dollars out of the economy in tax cuts for the rich. In America, around two-thirds of all stocks and mutual funds are owned by just 5 percent of the people, and any tax-cut benefits for corporations will mainly just benefit that group. It is estimated that 34 percent of Trump’s December tax cuts benefit just the top 1 percent of the country’s rich.
US national debt rises $2 trillion under President Trump
fox43.com/2019/01/04/us-national-debt-rises-2-trillion-under-president-trump/
Yet as he cuts taxes for a rich minority, Trump is also freezing public sector pay because there’s not enough money. As Forbes magazine observed:
President Trump has cancelled the pay increases for public sector workers that were due to take effect in January 2019. His reason for doing so? The tax cuts that his administration has introduced are set to create the largest fiscal deficit since the Great Recession. Now this largesse has to be paid for.
In effect, his tax bills have taken money out of the economy and primarily redistributed it to corporations, CEOs, and the super rich.
This is not about Republican political ideology, and it is not mere economic incompetence. It is bare-faced kleptocracy. For Trump, his family, and the less principled crooks around him, this presidency is but a brief window to grab as much cash as possible before being inevitably booted back out of the White House. They’re like a bunch of ******* getting the keys to the world’s biggest candy store without any adults around to supervise them.
To understand the situation with more clarity, look at Russia, which is a more advanced version of what Trump seems to be building. In 2013, the Independent reported that just 110 people held one-third of Russia’s wealth.
The story of modern Russia is that of a massive transfer of wealth from the country to a small ruling elite. According to sociologist and expert on Russia, Elisabeth Schimpfossl, “When this first post-Soviet generation passes its wealth on… it will be the single biggest transfer of assets within the smallest group of people ever to have occurred.”
Beyond the human cost of kleptocracy is the danger that progressively draining the country of money creates the sort of inequality that leads to social and political unrest.
Russia’s kleptocracy has laundered hundreds of billions of dollars out of the country over the years. Meanwhile, Poroshenko’s latest attempt to increase the pension age means most Russian men will die before they are eligible for a state pension.
Most Russians, especially the elderly, are already living in a state of perpetual poverty. This reflects two stark realities: First, there is not enough money left in the Russian state coffers to pay pensions, and second, Russian men have a low life expectancy—arguably because the theft of its kleptocratic government means there is not enough money for health care, education, and the other things people need.
The average life expectancy in Russia is in the mid-sixties, but that’s an average many men fall short of. If all the money tied up in former state enterprises, and then in Russian oil and gas, had flowed back into a well-managed economy run by an honest and effective government, Russian life expectancy would have gone up, people would have adequate health care and education.
The same thing is now happening in the United States. Policies designed to protect the population—but which restrict businesses from making more money—are being abandoned.
Until now, the West was characterized by progress, which in a simple sense can be reflected in life expectancy. As countries become more efficient and effective, they generate more tax, and this is used to support better health care, education, and enforcement of laws that protect the population from harm.
Banning dangerous practices, such as the use of asbestos in building materials and lead in petrol, and introducing public health actions like immunization, universal health care, seatbelt laws, and smoking bans may negatively impact businesses, but it positively impacts people, which should be the point of government. People on their own cannot ******* rich and powerful corporations to stop harming them; they rely on the government to do that.
How the Trump Administration Pulled Back on Regulating ...
https://e360.yale.edu/features/how- trump-administration-has-pulled-back-on-regulating...
The Trump administration has halted bans on toxic chemicals that are known to cause serious health threats. These moves, led by an ex-industry group executive now at the EPA, have allowed the continued use of products found to cause cancer, birth defects, and other ailments.
One of the simplest functions of any government is to ensure the people are afforded some degree of protection against the excesses of corporations and criminals, at least to the extent those excesses do not negatively impact life expectancy.
But, alarmingly, life expectancy is going down in the United States, primarily because the government is putting commercial and personal financial interests ahead of the health and well-being of its citizens.
Beyond the human cost of kleptocracy is the danger that progressively draining the country of money creates the sort of inequality that leads to social and political unrest. This results in political instability and ever-increasing authoritarianism to keep order.
U.S. income inequality at highest level in 50 years ...
https://www.nbcnews.com/news/us-news/u-s-income-inequality-highest-level-50-years...
Sep 26, 2019 · — The gap between the haves and have-nots in the United States grew last year to its highest level in more than 50 years of tracking income inequality, according to Census Bureau figures.
Trump is increasingly undermining the media and law enforcement because those are the two main tools a state has to prevent kleptocracy.
The Trump Administration's Treatment Of Law Enforcement ...
https://www.huffpost.com/entry/the-current-administrations-treatment-of- law...
Jun 16, 2017 · Comey was not the first high ranking law enforcement official to be fired unexpectedly by the Trump administration. In March, Preet Bharara was fired from his position as United States Attorney for the Southern District of New York, even though President Trump had personally told him he would stay. Mr. Bharara oversaw a prosecutor’s office …
As Russia, Turkey, and Venezuela have shown, kleptocrats use nationalism and populism to keep their base because they cannot use economic progress to win votes. They blame foreign governments, conspiracies, and immigrants for the failures actually caused by their own wholesale theft of the country’s assets.
They blame a biased media, foreign propaganda, and “enemies of the people,” when the news explains what is happening. Meanwhile, they counter the truth with media they control—which either doesn’t say what is happening, tells lies, or distracts people from reality. Gradually, the economy unwinds and the social problems caused by these policies collide with the diminished public services that can no longer deal with them.
'Enemy of the People': Trump's hatred of the press is for ...
https://www.usatoday.com/story/opinion/2018/10/30/donald-trump-hatred-press-enemy...
Oct 30, 2018 · Donald Trump's hatred of the press, lies and bullying echoes dangerous regimes of the past Trump uses attacks on the media, totalitarian language, cartoonish conspiracy fictions and a …
This is how nationalism and populism become fascism.
Relaxing regulations on things that harm people puts added pressure on the health care system.
The increase in sickness reduces the performance of the economy. The resulting increase in social deprivation leads to an increase in crime. Conventional policing is underfunded and undermined by an increasingly corrupt and weakened judiciary, so laws become more draconian and policing becomes more militarized.
Trump has altered over 800 Obama-era regulations, Wilbur ...
https://www.washingtontimes.com/news/2017/oct/13/...
Oct 13, 2017 · Commerce Secretary Wilbur Ross said Friday that President Trump is “systematically” removing hundreds of regulations put in place by the Obama …
The kleptocratic policies continue to break things in a self-perpetuating cycle. The corrupt rich become even more rich, while the rest of the country becomes even more poor. The inequality leads to unrest, which is managed by ever more propaganda, less freedom, more control and censorship, and harsher policing.
Perpetually blaming others creates an ever-increasing need to find scapegoats, which spills over into outright attacks on minority groups or on foreign governments. We have seen this with Russia’s wars, used to distract people from local economic hardships. Turkey and Venezuela have blamed the United States, Hungary blames immigrants, and generally, every would-be dictator will blame anyone but themselves.
This is how a democracy becomes a kleptocracy, and then an autocracy, and then a dictatorship. This is how nationalism and populism become fascism.
Kleptocratic leaders become trapped in a cycle of their own making. The more wealth they amass, the worse things get for the poor, the harsher the steps they take to maintain order and power. They reach a point where they are so wealthy, and the people around them are so angry, that losing power would mean losing their wealth and, likely, their lives.
Although I doubt Trump could bring about a dictatorship like this, we are already looking at a situation where he could face criminal prosecution once he leaves office. This provides a powerful incentive for him to take more drastic measures to stay in power, weaken or corrupt the legal system that could later prosecute him, and muddy the media’s ability to report on his kleptocracy. He will probably fail, but not before he does immense damage to the United States.
Ah another educated coward.
and here is this just to further your lack of education...…….
Democrats Are Better Than Republicans
1. Historical data from up to 70 years
1. Debt and Deficit. In the past 17 Presidential terms , nine were GOP led and eight Democratic. Of nine GOP Presidents, six added to debt/GDP and deficit/GDP as a percent. The only three that did not, had a Democratic House and Senate. Of eight Democrats, each one, reduced deficit/GDP and debt/GDP as a percent. That is 66 years of rhetoric of fiscal responsibility with zero net results for GOP. What makes matters even worse, is the fact that the president who added a historical 20.7% to the debt has one unique aspect of his presidency – President G. W. Bush had a GOP majority House and Senate.
2. Spending. The Republican Party often talks about financial responsibility, but did you know that since 1978-2011, spending has gone up 9.9% under Democrats versus 12.1% under GOP .
3. Federal Debt. Republicans love to tell us how they will not close tax loopholes on millionaires and billionaires, yet never bring to our attention that from 1978-2011 debt went up 4.2% under Democrats versus 36.4% under the GOP.
4. GDP. The only thing that the Democrats have a higher numerical yield than the GOP led administrations, is the GDP. It’s a good thing to have it at 12.6% versus a GOP 10.7%. From 1960 to 2005 the gross domestic product measured in year-2000 dollars rose an average of $165 billion a year under Republican presidents and $212 billion a year under Democrats.
5. Big Government. Federal spending (aka “big government”): It has gone up an average of about $50 billion a year under presidents of both parties. But that breaks down as $35 billion a year under Democratic presidents and $60 billion under Republicans. If you assume that it takes a year for a president’s policies to take effect, Democrats have raised spending by $40 billion a year and Republicans by $55 billion.
6. Federal Deficit. Under Republican presidents since 1960, the federal deficit has averaged $131 billion a year. Under Democrats, that figure is $30 billion. In an average Republican year, the deficit has grown by $36 billion. In the average Democratic year it has shrunk by $25 billion.
7. National Debt. The national debt has gone up more than $200 billion a year under Republican presidents and less than $100 billion a year under Democrats.
8. Inflation and Unemployment. Democratic presidents have a better record on inflation (averaging 3.13 percent compared with 3.89 percent for Republicans) and on unemployment (5.33 percent versus 6.38 percent). Unemployment went down in the average Democratic year, up in the average Republican one.
Outcome: Based on the data, Democrats have had a much more successful run when it comes to economy, job creation, debt and deficit, and shockingly, even spending.
Plain facts, but what about the qualitative data. Let’s look at some of the best aspects of economy, and drill-down to specific presidencies to see which one added what to the economy. I look at the pivotal economic factors and researched which president added:
1. Greatest gross domestic product (GDP) growth?
2. Biggest jobs increase?
3. Best after-tax personal disposable income rise?
4. Highest industrial production growth?
5. The lowest Misery Index, which is inflation plus unemployment?
6. The lowest inflation?
7. The largest federal budget deficit reduction?
There answers are, if you are done guessing? Okay , here are the answers: 1. Clinton; 2. Truman; 3. Carter; 4. Johnson; 5. Kennedy; 6. Truman; 7. Truman; 8. Clinton.
Outcome: It is also a Democratic sweep.
So, now you are thinking two things. One, this does not mean too much because it takes time for a President’s policies to come into effect and two, what about Obama since this is all in the past?
To address our first question, I gathered this information: First, the analyses presented above took into account the transition time to for policies to kick-in and factored in relative adjustments. Plus, I find it hard to believe that it was just a fluke a that six of nine GOP Presidents failed in terms of GDP and Debt, and not even one of eight Democrats did. So I wanted to look at GOP Presidents that followed at least two GOP terms and Democratic Presidents that followed at least two Democratic terms. Here is the verdict: Truman, who followed two Democratic terms and still succeeded in all areas of economy, while Bush senior, who followed two Republican terms still added to debt and deficit through excessive spending.
Outcome: This highlights an interesting point that somehow Democrats who follow Democrats still outperform economically, and Republicans who followed GOP presidents somehow still failed to perform in absence of policies of the other party impacting them anymore.
Now, the second part, Obama. So, some people who supported him in 2008 are fed up a little. He shows no leadership in the face of stiff tea party politics. But here is the truth about the man who promised you to pass the health care reform, who promised you to repeal Don’t Ask Don’t Tell, who promised you that, while it will take time, he will slow down economic failure and he promised you that he will do everything to keep manufacturing jobs in the US. In his defense, he did all of that and then some.
He passed the Health Care Reform Act. He repealed the discriminatory DADT policy. Since he has become president, he has already created more net jobs in his first two years than Bush administration did in 8 years altogether. While GDP growth is slow, it has been positive now for 8 straight quarters since the stimulus was passed, which also worked. Not to mention, Obama inherited an economy in a wreck where the GDP had fallen to over 8.8 percent, the banking industry has just collapsed, two wars were going on for about seven years, and above all, he took over from a President who had raised the debt ceiling a historic, record six times while taking a 53% debt at the beginning of his first term and transforming it into an 84% by the end. According to my research, the Obama administration added more jobs to the economy than eight years of the former President Bush did. The GDP has now been positive for 8 straight quarters bouncing from a negative 8.8%.
Obama extended Bush bailouts and bailed out the auto industry because many US jobs were at risk and our auto industry was soon to become foreign at the hands of global buy outs. Well, this past May, Chrysler paid off its loans . The American auto industry is still American, those jobs in the Mid West still exist. Obama, despite the roughest opposition that any president has faced, still did all he promised. But, here is an eye-opening compilation on more: See what else Obama has done. Also, I must include the fact that we have half as many troops in Iraq, a 2014 plan to be out of Afghanistan, and Osama bin Laden is dead. You don’t need a hyperlink for that, do you? Oh, and he also became the first president ever to have to deal with a distraction of proving, through his birth certificate, that he is an American.
I would like to make one more really important point here because a lot of Republicans often cite their desire to vote for GOP candidates despite their stiff opposition to social and civil freedoms in exchange of offering small government. It is a fact that as Americans we are living in the time of the smallest government in half a century. We are paying the lowest taxes, some of the largest free-trade agreements, and a proposal to pay even lower corporate taxes, small business reliefs, and to lower income taxes down from 6.2% offered by President Bush to 3.2% proposed by Obama and the democrats. It is even mentioned in a post at FOX News.
Outcome: The Obama administration has done everything they promised to do when elected, socially and economically. Democrats have failed to improve the economy but have been very successful in creating jobs and avoiding further economic slip. Actually, this administration has now added over three million jobs in 23 straight months of positive employment gains. 2010 and 2011 also mark the first years since 1997 to see positive gains in manufacturing jobs, as shown in this interactive graph. Additionally, March 2012 marks the month in which the Nasdaq hit 3,000 mark for the first time since dot-com bubble. The Dow Jones hit 13,000 for the first time, growing at 63% under Obama which is the fifth best for any president, and the S&P 500 hit 1,400 for the first time since 2008 showing a remarkable economic recovery on the free-floating capital indexes.
Living standard review of GOP vs. Democratic states
Finally, it’s not fair to highlight just money issues. How about the living standards? None of us desire to live in poverty, food scarcity, without health insurance or earn below a minimum wage. Here is an eye-opening part of my analysis that truly shook me.
The worst standards of living are in states that have Republican legislatures. One can argue that it is just that the poor in the deep South that vote a GOP heavy legislature, but when coupled with all the economic statistics listed above, that argument starts to appear very vulnerable. These conservative states have highest poverty levels despite having all GOP fiscal policies in place, for example:
Poverty. Not even one liberal state has over an 18% poverty rate – six GOP states including Texas do.
Labor Abuse. Not even one liberal state has over 8% of its population being abused through earning lower than minimum wage, but nine GOP states do including Texas.
Food Insecurity. Not even one liberal state has over 17% of its population living “food insecure.” Four conservative states do, including Texas.
Healthcare Access. Not even one liberal state has over 20% of population living without health insurance but four GOP states do, again, including Texas.
This study highlights how a huge population of Texans live under an extreme poverty-stricken climate earning below minimum wage, without health insurance access, and without access to daily food while being abused as workers.
Outcome: While GOP policies seem exciting in rhetoric, when given full liberty to implement them through a Republican controlled legislature like the one in the southern states, they are very ineffective. When Democratic financial policies are given full freedom of being implemented, like in the liberal states, they have been much more effective.
I already explained the GOP vs Democrats on social issues in my other post , through which we understand some fundamental differences such as democrats wanting to legalize gay marriage while GOP candidates run clinics to cure gays, GOP candidates working on legislation to criminalize gays and ban gay marriage, GOP legislation to outlaw Islam, and so on and so forth. But, about economic report, here is a recap and conclusion.
1. GOP Presidents have failed, Democrats have not. Historically over last six decades, Democrats have been consistently successful economically, while six of nine Republicans have failed. Keeping in mind the argument that policies of previous administrations haunt the following, the Democrat Truman that followed two Democratic terms still reduced debt and deficit, the Republican, Bush senior, that followed two Republican terms, still added to both.
2. GOP States have lowest living standards, Democratic states do not.
3. Obama has done what he promised and the economy is getting better. It is just hard to climb out of a financial black hole overnight. He still created more jobs than lost, delivered eight straight positive GDP quarters, and the debt that was growing at $3.65 trillion over four years, is now slowed down to about $1.6 trillion. You were not expecting him to change the economy overnight; I know I was not.
4. The GOP offers rhetoric, Democrats offer plans. I will really back this one for you through solid examples. Remember the debt crisis? Democrats took into account an earlier GOP report in which the GOP stated that the most optimum for economic growth is a deficit reduction plan that has an 85-15 split between cuts and revenues. Democrats offered an 83-17 with $6 in cuts for just $1 in return in tax loophole expiration on millionaires and billionaires. It was a mammoth $4 trillion debt reduction offer. The GOP walked away from it, and failed to offer an alternative. Similarly, remember Heathcare reform? Democrats took a major step by offering a plan under which most Americans would be covered, people would be allowed to stay on parents’ insurance after college graduation, insurance companies will no longer be able to increase cost or drop people after an illness, neither will they be able to refuse insurance to people with a preexisting condition. The GOP is currently running on an agenda to repeal that. The GOP alternative? It does not exist.
5. Democrats are willing to sacrifice, the GOP has evolved into a party of “Always No”. The shared Retirement Sacrifice Act of 2011 , which would require lawmakers to wait until the age of 66 to collect their pensions and take a pay cut has been introduced by an Ohio Democrat. Her logic is that congress should also take a pay cut and delayed retirement like other Americans do. Do you know why her simple bill is not passing? The GOP has it blocked. Additionally, as the Democrats fight to raise the age and reduce benefits for themselves and their GOP peers, Rep. John Fleming (LA), a republican responded to a proposed tax loophole expiration on millionaires and billionaires by saying that “by the time I feed my family, I have maybe $400,000 left over.” Thus, fighting against another democratic plan.
6. Democrats reform, GOP wants to take a step back without reform. Last election Democrats offered ideas that would alter the future such as Healthcare reform, the repeal of don’t ask don’t tell, creation of anti-discriminatory laws, Postal Services Reform which is happening right now, lower taxes on small businesses, tax write-offs on first 104K paid in employee salary for large businesses, and increase education funding to keep America’s edge. Have you notices the GOP platform this year? It has been: Repeal Healthcare reform, repeal the end of Don’t Ask Don’t Tell, ban gay marriage, ban building of Islamic religious institutions, block tax reform on millionaires and billionaires, block the jobs act, block deficit reduction plans, abolish the Department of Education, and abolish the EPA. Do you notice a trend? It’s a step back through repeal without alternatives or abolishing of institutions without an alternative plan.
Certainly, I understand these are politics, and all GOP donations come from big businesses but to letting America’s credit rating fall to protect millionaires and billionaires just because the 2012 election is on the horizon is probably not the best approach for America. While a Democratic donation averages $69 and comes from every day Americans, GOP donations average large sums from huge lobby groups and in order to be competitive the GOP has to protect its interests. But at the end of the day, we hire politicians not to win but to make America succeed. I want you to take these facts into account, remember, you are the CEO and you have a choice to make. I exhort you to make that choice keeping our social freedoms and financial facts into account.
I exhort you to educate yourself. When the GOP tells you that they want to lower taxes on millionaires and billionaires and cut education funding and corporate regulations to help the economy grow, understand that capitalism is not pro-business, it is pro-consumer. Businesses thrive with regulation and demand it. Understand that the GOP wants to cut educational funding because we see a direct link between higher education and an increase in more liberal voting patterns. Please understand that tax cuts for millionaires and billionaires do not funnel into an economic spur, as one of the best investors Warren Buffet, who saved GE, Goldman Sachs, and now the Bank of America from a colossal collapse explains
I have presented you past data, current policies, poverty statistics, and current party agendas. I wanted to just ask myself one last litmus test question. What have GOP and Democratic states added to America to see what kind of societies GOP versus Democratic governments create? If GOP economics really work, then we should see them work in states where we vote GOP legislatures and vice versa for Democratic states.
From the entertainment industry based in California to IT in Silicon Valley, each one of the Ivy League schools to Health Care and Life Sciences industry based in Philadelphia-NJ area, from banking based in NYC to the services hub in Boston, and all the way down to high-tech in Seattle, almost all of America’s progress comes from liberal states. But what is even more shocking is that a lot of southern progress happened in places like Atlanta, with large telecommunications’ industry development post 1996 Olympics, where about majority of Atlanta’s population is liberal and ascends from the north east. The truth is, this alone is a litmus test. Democrats have financially outperformed GOP governments economically and are offering actual plans as opposed to simple repeal ideas. Republicans have carved societies that are drastically behind in economic, living standards, or academic progress.
Democrats Are Better Than Republicans
1. Historical data from up to 70 years
1. Debt and Deficit. In the past 17 Presidential terms , nine were GOP led and eight Democratic. Of nine GOP Presidents, six added to debt/GDP and deficit/GDP as a percent. The only three that did not, had a Democratic House and Senate. Of eight Democrats, each one, reduced deficit/GDP and debt/GDP as a percent. That is 66 years of rhetoric of fiscal responsibility with zero net results for GOP. What makes matters even worse, is the fact that the president who added a historical 20.7% to the debt has one unique aspect of his presidency – President G. W. Bush had a GOP majority House and Senate.
2. Spending. The Republican Party often talks about financial responsibility, but did you know that since 1978-2011, spending has gone up 9.9% under Democrats versus 12.1% under GOP .
3. Federal Debt. Republicans love to tell us how they will not close tax loopholes on millionaires and billionaires, yet never bring to our attention that from 1978-2011 debt went up 4.2% under Democrats versus 36.4% under the GOP.
4. GDP. The only thing that the Democrats have a higher numerical yield than the GOP led administrations, is the GDP. It’s a good thing to have it at 12.6% versus a GOP 10.7%. From 1960 to 2005 the gross domestic product measured in year-2000 dollars rose an average of $165 billion a year under Republican presidents and $212 billion a year under Democrats.
5. Big Government. Federal spending (aka “big government”): It has gone up an average of about $50 billion a year under presidents of both parties. But that breaks down as $35 billion a year under Democratic presidents and $60 billion under Republicans. If you assume that it takes a year for a president’s policies to take effect, Democrats have raised spending by $40 billion a year and Republicans by $55 billion.
6. Federal Deficit. Under Republican presidents since 1960, the federal deficit has averaged $131 billion a year. Under Democrats, that figure is $30 billion. In an average Republican year, the deficit has grown by $36 billion. In the average Democratic year it has shrunk by $25 billion.
7. National Debt. The national debt has gone up more than $200 billion a year under Republican presidents and less than $100 billion a year under Democrats.
8. Inflation and Unemployment. Democratic presidents have a better record on inflation (averaging 3.13 percent compared with 3.89 percent for Republicans) and on unemployment (5.33 percent versus 6.38 percent). Unemployment went down in the average Democratic year, up in the average Republican one.
Outcome: Based on the data, Democrats have had a much more successful run when it comes to economy, job creation, debt and deficit, and shockingly, even spending.
Plain facts, but what about the qualitative data. Let’s look at some of the best aspects of economy, and drill-down to specific presidencies to see which one added what to the economy. I look at the pivotal economic factors and researched which president added:
1. Greatest gross domestic product (GDP) growth?
2. Biggest jobs increase?
3. Best after-tax personal disposable income rise?
4. Highest industrial production growth?
5. The lowest Misery Index, which is inflation plus unemployment?
6. The lowest inflation?
7. The largest federal budget deficit reduction?
There answers are, if you are done guessing? Okay , here are the answers: 1. Clinton; 2. Truman; 3. Carter; 4. Johnson; 5. Kennedy; 6. Truman; 7. Truman; 8. Clinton.
Outcome: It is also a Democratic sweep.
So, now you are thinking two things. One, this does not mean too much because it takes time for a President’s policies to come into effect and two, what about Obama since this is all in the past?
To address our first question, I gathered this information: First, the analyses presented above took into account the transition time to for policies to kick-in and factored in relative adjustments. Plus, I find it hard to believe that it was just a fluke a that six of nine GOP Presidents failed in terms of GDP and Debt, and not even one of eight Democrats did. So I wanted to look at GOP Presidents that followed at least two GOP terms and Democratic Presidents that followed at least two Democratic terms. Here is the verdict: Truman, who followed two Democratic terms and still succeeded in all areas of economy, while Bush senior, who followed two Republican terms still added to debt and deficit through excessive spending.
Outcome: This highlights an interesting point that somehow Democrats who follow Democrats still outperform economically, and Republicans who followed GOP presidents somehow still failed to perform in absence of policies of the other party impacting them anymore.
Now, the second part, Obama. So, some people who supported him in 2008 are fed up a little. He shows no leadership in the face of stiff tea party politics. But here is the truth about the man who promised you to pass the health care reform, who promised you to repeal Don’t Ask Don’t Tell, who promised you that, while it will take time, he will slow down economic failure and he promised you that he will do everything to keep manufacturing jobs in the US. In his defense, he did all of that and then some.
He passed the Health Care Reform Act. He repealed the discriminatory DADT policy. Since he has become president, he has already created more net jobs in his first two years than Bush administration did in 8 years altogether. While GDP growth is slow, it has been positive now for 8 straight quarters since the stimulus was passed, which also worked. Not to mention, Obama inherited an economy in a wreck where the GDP had fallen to over 8.8 percent, the banking industry has just collapsed, two wars were going on for about seven years, and above all, he took over from a President who had raised the debt ceiling a historic, record six times while taking a 53% debt at the beginning of his first term and transforming it into an 84% by the end. According to my research, the Obama administration added more jobs to the economy than eight years of the former President Bush did. The GDP has now been positive for 8 straight quarters bouncing from a negative 8.8%.
Obama extended Bush bailouts and bailed out the auto industry because many US jobs were at risk and our auto industry was soon to become foreign at the hands of global buy outs. Well, this past May, Chrysler paid off its loans . The American auto industry is still American, those jobs in the Mid West still exist. Obama, despite the roughest opposition that any president has faced, still did all he promised. But, here is an eye-opening compilation on more: See what else Obama has done. Also, I must include the fact that we have half as many troops in Iraq, a 2014 plan to be out of Afghanistan, and Osama bin Laden is dead. You don’t need a hyperlink for that, do you? Oh, and he also became the first president ever to have to deal with a distraction of proving, through his birth certificate, that he is an American.
I would like to make one more really important point here because a lot of Republicans often cite their desire to vote for GOP candidates despite their stiff opposition to social and civil freedoms in exchange of offering small government. It is a fact that as Americans we are living in the time of the smallest government in half a century. We are paying the lowest taxes, some of the largest free-trade agreements, and a proposal to pay even lower corporate taxes, small business reliefs, and to lower income taxes down from 6.2% offered by President Bush to 3.2% proposed by Obama and the democrats. It is even mentioned in a post at FOX News.
Outcome: The Obama administration has done everything they promised to do when elected, socially and economically. Democrats have failed to improve the economy but have been very successful in creating jobs and avoiding further economic slip. Actually, this administration has now added over three million jobs in 23 straight months of positive employment gains. 2010 and 2011 also mark the first years since 1997 to see positive gains in manufacturing jobs, as shown in this interactive graph. Additionally, March 2012 marks the month in which the Nasdaq hit 3,000 mark for the first time since dot-com bubble. The Dow Jones hit 13,000 for the first time, growing at 63% under Obama which is the fifth best for any president, and the S&P 500 hit 1,400 for the first time since 2008 showing a remarkable economic recovery on the free-floating capital indexes.
Living standard review of GOP vs. Democratic states
Finally, it’s not fair to highlight just money issues. How about the living standards? None of us desire to live in poverty, food scarcity, without health insurance or earn below a minimum wage. Here is an eye-opening part of my analysis that truly shook me.
The worst standards of living are in states that have Republican legislatures. One can argue that it is just that the poor in the deep South that vote a GOP heavy legislature, but when coupled with all the economic statistics listed above, that argument starts to appear very vulnerable. These conservative states have highest poverty levels despite having all GOP fiscal policies in place, for example:
Poverty. Not even one liberal state has over an 18% poverty rate – six GOP states including Texas do. Labor Abuse. Not even one liberal state has over 8% of its population being abused through earning lower than minimum wage, but nine GOP states do including Texas. Food Insecurity. Not even one liberal state has over 17% of its population living “food insecure.” Four conservative states do, including Texas. Healthcare Access. Not even one liberal state has over 20% of population living without health insurance but four GOP states do, again, including Texas.This study highlights how a huge population of Texans live under an extreme poverty-stricken climate earning below minimum wage, without health insurance access, and without access to daily food while being abused as workers.
Outcome: While GOP policies seem exciting in rhetoric, when given full liberty to implement them through a Republican controlled legislature like the one in the southern states, they are very ineffective. When Democratic financial policies are given full freedom of being implemented, like in the liberal states, they have been much more effective.
I already explained the GOP vs Democrats on social issues in my other post , through which we understand some fundamental differences such as democrats wanting to legalize gay marriage while GOP candidates run clinics to cure gays, GOP candidates working on legislation to criminalize gays and ban gay marriage, GOP legislation to outlaw Islam, and so on and so forth. But, about economic report, here is a recap and conclusion.
1. GOP Presidents have failed, Democrats have not. Historically over last six decades, Democrats have been consistently successful economically, while six of nine Republicans have failed. Keeping in mind the argument that policies of previous administrations haunt the following, the Democrat Truman that followed two Democratic terms still reduced debt and deficit, the Republican, Bush senior, that followed two Republican terms, still added to both.
2. GOP States have lowest living standards, Democratic states do not.
3. Obama has done what he promised and the economy is getting better. It is just hard to climb out of a financial black hole overnight. He still created more jobs than lost, delivered eight straight positive GDP quarters, and the debt that was growing at $3.65 trillion over four years, is now slowed down to about $1.6 trillion. You were not expecting him to change the economy overnight; I know I was not.
4. The GOP offers rhetoric, Democrats offer plans. I will really back this one for you through solid examples. Remember the debt crisis? Democrats took into account an earlier GOP report in which the GOP stated that the most optimum for economic growth is a deficit reduction plan that has an 85-15 split between cuts and revenues. Democrats offered an 83-17 with $6 in cuts for just $1 in return in tax loophole expiration on millionaires and billionaires. It was a mammoth $4 trillion debt reduction offer. The GOP walked away from it, and failed to offer an alternative. Similarly, remember Heathcare reform? Democrats took a major step by offering a plan under which most Americans would be covered, people would be allowed to stay on parents’ insurance after college graduation, insurance companies will no longer be able to increase cost or drop people after an illness, neither will they be able to refuse insurance to people with a preexisting condition. The GOP is currently running on an agenda to repeal that. The GOP alternative? It does not exist.
5. Democrats are willing to sacrifice, the GOP has evolved into a party of “Always No”. The shared Retirement Sacrifice Act of 2011 , which would require lawmakers to wait until the age of 66 to collect their pensions and take a pay cut has been introduced by an Ohio Democrat. Her logic is that congress should also take a pay cut and delayed retirement like other Americans do. Do you know why her simple bill is not passing? The GOP has it blocked. Additionally, as the Democrats fight to raise the age and reduce benefits for themselves and their GOP peers, Rep. John Fleming (LA), a republican responded to a proposed tax loophole expiration on millionaires and billionaires by saying that “by the time I feed my family, I have maybe $400,000 left over.” Thus, fighting against another democratic plan.
6. Democrats reform, GOP wants to take a step back without reform. Last election Democrats offered ideas that would alter the future such as Healthcare reform, the repeal of don’t ask don’t tell, creation of anti-discriminatory laws, Postal Services Reform which is happening right now, lower taxes on small businesses, tax write-offs on first 104K paid in employee salary for large businesses, and increase education funding to keep America’s edge. Have you notices the GOP platform this year? It has been: Repeal Healthcare reform, repeal the end of Don’t Ask Don’t Tell, ban gay marriage, ban building of Islamic religious institutions, block tax reform on millionaires and billionaires, block the jobs act, block deficit reduction plans, abolish the Department of Education, and abolish the EPA. Do you notice a trend? It’s a step back through repeal without alternatives or abolishing of institutions without an alternative plan.
Certainly, I understand these are politics, and all GOP donations come from big businesses but to letting America’s credit rating fall to protect millionaires and billionaires just because the 2012 election is on the horizon is probably not the best approach for America. While a Democratic donation averages $69 and comes from every day Americans, GOP donations average large sums from huge lobby groups and in order to be competitive the GOP has to protect its interests. But at the end of the day, we hire politicians not to win but to make America succeed. I want you to take these facts into account, remember, you are the CEO and you have a choice to make. I exhort you to make that choice keeping our social freedoms and financial facts into account.
I exhort you to educate yourself. When the GOP tells you that they want to lower taxes on millionaires and billionaires and cut education funding and corporate regulations to help the economy grow, understand that capitalism is not pro-business, it is pro-consumer. Businesses thrive with regulation and demand it. Understand that the GOP wants to cut educational funding because we see a direct link between higher education and an increase in more liberal voting patterns. Please understand that tax cuts for millionaires and billionaires do not funnel into an economic spur, as one of the best investors Warren Buffet, who saved GE, Goldman Sachs, and now the Bank of America from a colossal collapse explains
I have presented you past data, current policies, poverty statistics, and current party agendas. I wanted to just ask myself one last litmus test question. What have GOP and Democratic states added to America to see what kind of societies GOP versus Democratic governments create? If GOP economics really work, then we should see them work in states where we vote GOP legislatures and vice versa for Democratic states.
From the entertainment industry based in California to IT in Silicon Valley, each one of the Ivy League schools to Health Care and Life Sciences industry based in Philadelphia-NJ area, from banking based in NYC to the services hub in Boston, and all the way down to high-tech in Seattle, almost all of America’s progress comes from liberal states. But what is even more shocking is that a lot of southern progress happened in places like Atlanta, with large telecommunications’ industry development post 1996 Olympics, where about majority of Atlanta’s population is liberal and ascends from the north east. The truth is, this alone is a litmus test. Democrats have financially outperformed GOP governments economically and are offering actual plans as opposed to simple repeal ideas. Republicans have carved societies that are drastically behind in economic, living standards, or academic progress.
you would be the opposite of that....uneducated...and borderline belligerent in your quest to prove your lack of smarts!
No evidence here. This is all opinion. He fired a corrupt FBI director. Even that dipshit says Trump had the right to fire him. Billion dollars wasted on "2" investigations and all you got is BS that didn't stand up to multiple hearings.
Move on or get some actual evidence.
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and here is this just to further your lack of education...…….
Democrats Are Better Than Republicans
1. Historical data from up to 70 years
1. Debt and Deficit. In the past 17 Presidential terms , nine were GOP led and eight Democratic. Of nine GOP Presidents, six added to debt/GDP and deficit/GDP as a percent. The only three that did not, had a Democratic House and Senate. Of eight Democrats, each one, reduced deficit/GDP and debt/GDP as a percent. That is 66 years of rhetoric of fiscal responsibility with zero net results for GOP. What makes matters even worse, is the fact that the president who added a historical 20.7% to the debt has one unique aspect of his presidency – President G. W. Bush had a GOP majority House and Senate.
2. Spending. The Republican Party often talks about financial responsibility, but did you know that since 1978-2011, spending has gone up 9.9% under Democrats versus 12.1% under GOP .
3. Federal Debt. Republicans love to tell us how they will not close tax loopholes on millionaires and billionaires, yet never bring to our attention that from 1978-2011 debt went up 4.2% under Democrats versus 36.4% under the GOP.
4. GDP. The only thing that the Democrats have a higher numerical yield than the GOP led administrations, is the GDP. It’s a good thing to have it at 12.6% versus a GOP 10.7%. From 1960 to 2005 the gross domestic product measured in year-2000 dollars rose an average of $165 billion a year under Republican presidents and $212 billion a year under Democrats.
5. Big Government. Federal spending (aka “big government”): It has gone up an average of about $50 billion a year under presidents of both parties. But that breaks down as $35 billion a year under Democratic presidents and $60 billion under Republicans. If you assume that it takes a year for a president’s policies to take effect, Democrats have raised spending by $40 billion a year and Republicans by $55 billion.
6. Federal Deficit. Under Republican presidents since 1960, the federal deficit has averaged $131 billion a year. Under Democrats, that figure is $30 billion. In an average Republican year, the deficit has grown by $36 billion. In the average Democratic year it has shrunk by $25 billion.
7. National Debt. The national debt has gone up more than $200 billion a year under Republican presidents and less than $100 billion a year under Democrats.
8. Inflation and Unemployment. Democratic presidents have a better record on inflation (averaging 3.13 percent compared with 3.89 percent for Republicans) and on unemployment (5.33 percent versus 6.38 percent). Unemployment went down in the average Democratic year, up in the average Republican one.
Outcome: Based on the data, Democrats have had a much more successful run when it comes to economy, job creation, debt and deficit, and shockingly, even spending.
Plain facts, but what about the qualitative data. Let’s look at some of the best aspects of economy, and drill-down to specific presidencies to see which one added what to the economy. I look at the pivotal economic factors and researched which president added:
1. Greatest gross domestic product (GDP) growth?
2. Biggest jobs increase?
3. Best after-tax personal disposable income rise?
4. Highest industrial production growth?
5. The lowest Misery Index, which is inflation plus unemployment?
6. The lowest inflation?
7. The largest federal budget deficit reduction?
There answers are, if you are done guessing? Okay , here are the answers: 1. Clinton; 2. Truman; 3. Carter; 4. Johnson; 5. Kennedy; 6. Truman; 7. Truman; 8. Clinton.
Outcome: It is also a Democratic sweep.
So, now you are thinking two things. One, this does not mean too much because it takes time for a President’s policies to come into effect and two, what about Obama since this is all in the past?
To address our first question, I gathered this information: First, the analyses presented above took into account the transition time to for policies to kick-in and factored in relative adjustments. Plus, I find it hard to believe that it was just a fluke a that six of nine GOP Presidents failed in terms of GDP and Debt, and not even one of eight Democrats did. So I wanted to look at GOP Presidents that followed at least two GOP terms and Democratic Presidents that followed at least two Democratic terms. Here is the verdict: Truman, who followed two Democratic terms and still succeeded in all areas of economy, while Bush senior, who followed two Republican terms still added to debt and deficit through excessive spending.
Outcome: This highlights an interesting point that somehow Democrats who follow Democrats still outperform economically, and Republicans who followed GOP presidents somehow still failed to perform in absence of policies of the other party impacting them anymore.
Now, the second part, Obama. So, some people who supported him in 2008 are fed up a little. He shows no leadership in the face of stiff tea party politics. But here is the truth about the man who promised you to pass the health care reform, who promised you to repeal Don’t Ask Don’t Tell, who promised you that, while it will take time, he will slow down economic failure and he promised you that he will do everything to keep manufacturing jobs in the US. In his defense, he did all of that and then some.
He passed the Health Care Reform Act. He repealed the discriminatory DADT policy. Since he has become president, he has already created more net jobs in his first two years than Bush administration did in 8 years altogether. While GDP growth is slow, it has been positive now for 8 straight quarters since the stimulus was passed, which also worked. Not to mention, Obama inherited an economy in a wreck where the GDP had fallen to over 8.8 percent, the banking industry has just collapsed, two wars were going on for about seven years, and above all, he took over from a President who had raised the debt ceiling a historic, record six times while taking a 53% debt at the beginning of his first term and transforming it into an 84% by the end. According to my research, the Obama administration added more jobs to the economy than eight years of the former President Bush did. The GDP has now been positive for 8 straight quarters bouncing from a negative 8.8%.
Obama extended Bush bailouts and bailed out the auto industry because many US jobs were at risk and our auto industry was soon to become foreign at the hands of global buy outs. Well, this past May, Chrysler paid off its loans . The American auto industry is still American, those jobs in the Mid West still exist. Obama, despite the roughest opposition that any president has faced, still did all he promised. But, here is an eye-opening compilation on more: See what else Obama has done. Also, I must include the fact that we have half as many troops in Iraq, a 2014 plan to be out of Afghanistan, and Osama bin Laden is dead. You don’t need a hyperlink for that, do you? Oh, and he also became the first president ever to have to deal with a distraction of proving, through his birth certificate, that he is an American.
I would like to make one more really important point here because a lot of Republicans often cite their desire to vote for GOP candidates despite their stiff opposition to social and civil freedoms in exchange of offering small government. It is a fact that as Americans we are living in the time of the smallest government in half a century. We are paying the lowest taxes, some of the largest free-trade agreements, and a proposal to pay even lower corporate taxes, small business reliefs, and to lower income taxes down from 6.2% offered by President Bush to 3.2% proposed by Obama and the democrats. It is even mentioned in a post at FOX News.
Outcome: The Obama administration has done everything they promised to do when elected, socially and economically. Democrats have failed to improve the economy but have been very successful in creating jobs and avoiding further economic slip. Actually, this administration has now added over three million jobs in 23 straight months of positive employment gains. 2010 and 2011 also mark the first years since 1997 to see positive gains in manufacturing jobs, as shown in this interactive graph. Additionally, March 2012 marks the month in which the Nasdaq hit 3,000 mark for the first time since dot-com bubble. The Dow Jones hit 13,000 for the first time, growing at 63% under Obama which is the fifth best for any president, and the S&P 500 hit 1,400 for the first time since 2008 showing a remarkable economic recovery on the free-floating capital indexes.
Living standard review of GOP vs. Democratic states
Finally, it’s not fair to highlight just money issues. How about the living standards? None of us desire to live in poverty, food scarcity, without health insurance or earn below a minimum wage. Here is an eye-opening part of my analysis that truly shook me.
The worst standards of living are in states that have Republican legislatures. One can argue that it is just that the poor in the deep South that vote a GOP heavy legislature, but when coupled with all the economic statistics listed above, that argument starts to appear very vulnerable. These conservative states have highest poverty levels despite having all GOP fiscal policies in place, for example:
This study highlights how a huge population of Texans live under an extreme poverty-stricken climate earning below minimum wage, without health insurance access, and without access to daily food while being abused as workers.
Outcome: While GOP policies seem exciting in rhetoric, when given full liberty to implement them through a Republican controlled legislature like the one in the southern states, they are very ineffective. When Democratic financial policies are given full freedom of being implemented, like in the liberal states, they have been much more effective.
I already explained the GOP vs Democrats on social issues in my other post , through which we understand some fundamental differences such as democrats wanting to legalize gay marriage while GOP candidates run clinics to cure gays, GOP candidates working on legislation to criminalize gays and ban gay marriage, GOP legislation to outlaw Islam, and so on and so forth. But, about economic report, here is a recap and conclusion.
1. GOP Presidents have failed, Democrats have not. Historically over last six decades, Democrats have been consistently successful economically, while six of nine Republicans have failed. Keeping in mind the argument that policies of previous administrations haunt the following, the Democrat Truman that followed two Democratic terms still reduced debt and deficit, the Republican, Bush senior, that followed two Republican terms, still added to both.
2. GOP States have lowest living standards, Democratic states do not.
3. Obama has done what he promised and the economy is getting better. It is just hard to climb out of a financial black hole overnight. He still created more jobs than lost, delivered eight straight positive GDP quarters, and the debt that was growing at $3.65 trillion over four years, is now slowed down to about $1.6 trillion. You were not expecting him to change the economy overnight; I know I was not.
4. The GOP offers rhetoric, Democrats offer plans. I will really back this one for you through solid examples. Remember the debt crisis? Democrats took into account an earlier GOP report in which the GOP stated that the most optimum for economic growth is a deficit reduction plan that has an 85-15 split between cuts and revenues. Democrats offered an 83-17 with $6 in cuts for just $1 in return in tax loophole expiration on millionaires and billionaires. It was a mammoth $4 trillion debt reduction offer. The GOP walked away from it, and failed to offer an alternative. Similarly, remember Heathcare reform? Democrats took a major step by offering a plan under which most Americans would be covered, people would be allowed to stay on parents’ insurance after college graduation, insurance companies will no longer be able to increase cost or drop people after an illness, neither will they be able to refuse insurance to people with a preexisting condition. The GOP is currently running on an agenda to repeal that. The GOP alternative? It does not exist.
5. Democrats are willing to sacrifice, the GOP has evolved into a party of “Always No”. The shared Retirement Sacrifice Act of 2011 , which would require lawmakers to wait until the age of 66 to collect their pensions and take a pay cut has been introduced by an Ohio Democrat. Her logic is that congress should also take a pay cut and delayed retirement like other Americans do. Do you know why her simple bill is not passing? The GOP has it blocked. Additionally, as the Democrats fight to raise the age and reduce benefits for themselves and their GOP peers, Rep. John Fleming (LA), a republican responded to a proposed tax loophole expiration on millionaires and billionaires by saying that “by the time I feed my family, I have maybe $400,000 left over.” Thus, fighting against another democratic plan.
6. Democrats reform, GOP wants to take a step back without reform. Last election Democrats offered ideas that would alter the future such as Healthcare reform, the repeal of don’t ask don’t tell, creation of anti-discriminatory laws, Postal Services Reform which is happening right now, lower taxes on small businesses, tax write-offs on first 104K paid in employee salary for large businesses, and increase education funding to keep America’s edge. Have you notices the GOP platform this year? It has been: Repeal Healthcare reform, repeal the end of Don’t Ask Don’t Tell, ban gay marriage, ban building of Islamic religious institutions, block tax reform on millionaires and billionaires, block the jobs act, block deficit reduction plans, abolish the Department of Education, and abolish the EPA. Do you notice a trend? It’s a step back through repeal without alternatives or abolishing of institutions without an alternative plan.
Certainly, I understand these are politics, and all GOP donations come from big businesses but to letting America’s credit rating fall to protect millionaires and billionaires just because the 2012 election is on the horizon is probably not the best approach for America. While a Democratic donation averages $69 and comes from every day Americans, GOP donations average large sums from huge lobby groups and in order to be competitive the GOP has to protect its interests. But at the end of the day, we hire politicians not to win but to make America succeed. I want you to take these facts into account, remember, you are the CEO and you have a choice to make. I exhort you to make that choice keeping our social freedoms and financial facts into account.
I exhort you to educate yourself. When the GOP tells you that they want to lower taxes on millionaires and billionaires and cut education funding and corporate regulations to help the economy grow, understand that capitalism is not pro-business, it is pro-consumer. Businesses thrive with regulation and demand it. Understand that the GOP wants to cut educational funding because we see a direct link between higher education and an increase in more liberal voting patterns. Please understand that tax cuts for millionaires and billionaires do not funnel into an economic spur, as one of the best investors Warren Buffet, who saved GE, Goldman Sachs, and now the Bank of America from a colossal collapse explains
I have presented you past data, current policies, poverty statistics, and current party agendas. I wanted to just ask myself one last litmus test question. What have GOP and Democratic states added to America to see what kind of societies GOP versus Democratic governments create? If GOP economics really work, then we should see them work in states where we vote GOP legislatures and vice versa for Democratic states.
From the entertainment industry based in California to IT in Silicon Valley, each one of the Ivy League schools to Health Care and Life Sciences industry based in Philadelphia-NJ area, from banking based in NYC to the services hub in Boston, and all the way down to high-tech in Seattle, almost all of America’s progress comes from liberal states. But what is even more shocking is that a lot of southern progress happened in places like Atlanta, with large telecommunications’ industry development post 1996 Olympics, where about majority of Atlanta’s population is liberal and ascends from the north east. The truth is, this alone is a litmus test. Democrats have financially outperformed GOP governments economically and are offering actual plans as opposed to simple repeal ideas. Republicans have carved societies that are drastically behind in economic, living standards, or academic progress.
Yet every democrat run state and city are bankrupt and the same Democrats have been in Congress the majority of that time. And the leadership in the Congress much of this time. Not to mention all the high crime cities are run by Democrats. And don't even try to point to San Fran. They have an app so you don't step in human *******, thats how bad it is there.
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