I think the following which I posted in April needs a repost now:
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DARUncle Galt wrote:Doug- if you think a [insert democrat] will make any difference in your life, you are a... [insult].
I think I will take a few moments to open [another] can of whoop ass on Galt.
If there is any question that a president can make a difference in the life of a person living in America, all one needs to do is look at the historical record. This information has been posted many times in this forum so there is no excuse for such ignorance.
I have money in the stockmarket. The stock market consistently does better under a democratic president. I posted extensive documentation of this only two months ago:
Market Performance: Clinton v. Bush
A visual clue for those who need pictures:
But that is just two presidents compared. Consider:
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"Historically, Democrats are much better for the stock market than Republicans. Slate magazine ran the numbers and found that since 1900, Democratic presidents have produced a 12.3 percent annual total return on the S&P 500, but Republicans only an 8 percent return. In 2000, the Stock Trader's Almanac,… came up with nearly the same numbers (13.4 percent versus 8.1 percent) by measuring Dow price appreciation.
Nor does having a Republican Congress help the market. A Democratic Senate showed returns of 10.5 percent (versus 9.4 percent for a GOP upper chamber), and a Democratic House returned 10.9 percent versus 8.1 percent for the Republicans.
Of course the stock market is not the whole economy but real GDP growth follows the same pattern. Since 1930 (the first year decent data is available), GDP growth was 5.4 percent for Democratic presidents and 1.6 percent for Republicans."
Excerpted from: Slate
NEXT:
High fiscal deficits increase my taxes and the debt which I and my children and grandchildren will be saddled with. Interest alone on the debt will soon be the third largest item on the budget. About 19% goes to pay interest on the $9.3 trillion debt [$5.6 net]. The record shows that Democrats are consistently much more fiscally responsible. This is good for the country and good for me. Consider:
"Republicans have traditionally identified themselves as the party of fiscal discipline, but over the last three-quarters of a century, Republican administrations have increased federal debt at a rate more than four times faster than have Democrats." --ibid
NEXT:
Strong job creation makes for a robust economy which effects everyone. The record couldn't be more clear.
"In the last fifty years, there have been ten Presidents--five Democrats and five Republicans--and the Democrats place first, second, third, fourth and fifth [in new job creation].... the chance of that occurring randomly is 1 in 252, which just happens to be almost the exact odds of being dealt a straight in a game of five-card stud."
--James Carville, We're Right, They're Wrong, pg. 13
NEXT:
Overall economic growth:
"During the period from Herbert Hoover's presidency onward, the American economy (GDP) has grown nearly three times as fast under Democrats as Republicans. (The annual mean growth in real GDP under Republican Presidents has been 1.8 percent; under Democrats, 5.1 percent.)"
NEXT:
Bush's idiotic policies have decimated the value of the dollar. When I travel to Europe, Canada etc., my buying power has effectively been cut in half.
SUMMARY:
According to the U.S. Bureau of Economic Analysis:
* Personal income grew 20% faster under Democratic Administrations.
* Employment averaged 30% more under Democratic Administrations.
... I'm not going to keep saying under Democratic Administrations unless the Republicans win a category...
* Unemployment was 30% less (makes sense).
* GDP grew 33% more from 1962 on (see lag factors too!)
* GDP growth since 1930 was a stunning 5.4% vs 1.6%
* Inflation was 15% less, 27% less with lag factors.
* Growth in Federal spending (now hold onto your hat) 7% under Democrats, 7.5% under Republicans through 2001 (Bush will blow this number up a mile).
* Growth in Defense spending 8.3% Dems, 10% Reps
* Rise in Federal employees -- Republicans hired 310,000 new ones vs. Dems just 59,000.
* Average annual budget deficit 1962-2001: Dems $36B, Reps $190B (another number Bush will increase substantially)
* Total debt increase 1962-2001: Dems $720B, Reps $6.3T (again, Bush will lead you to the $7T promised land -- 10x what the Dems have done!)
* Average annual stock market returns since since 1900: Dems 12%, Reps 8%
* With a Democratic Senate: 10.5%
* With a Republican Senate: 9.4%
* With a Democratic House: 10.9%
* With a Republican House: 8.1%
--ibid
DAR
Conclusion:
If you think a [insert democrat v. republican] will NOT make any difference in your life, you are profoundly ignorant of the American historical record.
D.
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“It's everyone's fault but theirs. 'The terrorists', domestic enemies, cultural declension, the French, perhaps tomorrow the decline of reading, the end of corporal punishment in the schools, permissive parenting, bad posture, rock 'n roll, space aliens. The administration is choking on its own lies and evasions. And we have to bail them out because the ship of state is our ship.” -- Josh Marshall, TomPaine.com