Lies about our national debt, W, Clinton and Reagan (its just accurate information)

I did
its called common sense
You ask for it

Income Inequality: How Census Data Misrepresent Income Distribution
Published on September 29, 1999 by Rea Hederman, Jr. and Robert Rector CENTER FOR DATA ANALYSIS REPORT #99-07

Edit by Moderator: Please remember the copyright rules. NO posting of entire articles or even a large part of them, (one or two paragraphs is good) and source must be linked. Thx.

My numbers aren't from the Census but from the Department of Labor.
And Heritage? I remember reading one of their pieces arguing that wages weren't stagnant, their reasoning was "because wages hadn't decreased".
Try a resource that isn't partisan please. Did I use a partisan resource? No!

bullshit?
bullshit?
more millionaires because they keep more of there wealth
De regulation in the banking industry was in 1998 "Mr Bull Shit"
Glass

Clinton repeal of Glass-Steagall faulty as seen today
Written on March 17th, 2008 in Government Positions


This is just one of our articles referencing the financial crisis, crash of the housing market, subprime, and more:


Even as the Fed helped to stabilize the situation over the weekend, the stock market is down again on Monday morning. What is alarming from our standpoint is that CIT, Lehman, and National City Corporation all are down – by 25 to 31 percent as we write this. Liquidity questions surround Lehman after what we learned from Bear Sterns. Even JPMorgan needed help and considerations from the Fed to buy Bear Sterns for a reported $2 a share.

This issue now goes far beyond the mortgage blues of some lenders. There is no way that crazy wild-eyed mortgage brokers with lax standards could cause worldwide problems like this. President Bill Clinton repealed the Glass-Steagall Act which had prevented the coupling of investment banking and lending. To be exact, on November 12, 1999, President Bill Clinton signed into law the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act of 1933. One of the effects of the repeal is it allowed commercial and investment banks to consolidate. Economists have criticized the action.

WHAT DE REGULATION DID GWB DO? IF YOUR GOING TO VOTE DO SOME FUCKING HOME WORK PLEASE

I did
its called common sense
You ask for it

Income Inequality: How Census Data Misrepresent Income Distribution
Published on September 29, 1999 by Rea Hederman, Jr. and Robert Rector CENTER FOR DATA ANALYSIS REPORT #99-07

Edit by Moderator: Please remember the copyright rules. NO posting of entire articles or even a large part of them, (one or two paragraphs is good) and source must be linked. Thx.

Inequality Statistics and Poverty Facts | The Foundry: Conservative Policy News.

One thing very few will acknowledge is the fact that they all stole from SS to make their budgets work. Even Clinton's surplus was only due to the fact that he also used excess SS funds to cover the budget. So in reality, even Clinton was running deficits.

One thing very few will acknowledge is the fact that they all stole from SS to make their budgets work. Even Clinton's surplus was only due to the fact that he also used excess SS funds to cover the budget. So in reality, even Clinton was running deficits.

What de regulation?
you mean The repeal of glass/sea gall?
Hmm that would be Clinton's de regulation, which i happen to agree with
The greedy caused the mess, the repeal of this legislation allowed the greed to have a place to go to cause it.

"Shortly after George W. Bush was elected president, Congress and President Clinton were trying to pass a $384 billion omnibus spending bill, and while the debates swirled around the passage of this bill, Senator Phil Gramm clandestinely slipped a 262-page amendment into the omnibus appropriations bill titled: Commodity Futures Modernization Act. It is likely that few senators read this bill, if any. The essence of the act was the deregulation of derivatives trading (financial instruments whose value changes in response to the changes in underlying variables; the main use of derivatives is to reduce risk for one party). The legislation contained a provision -- lobbied for by Enron, a major campaign contributor to Gramm -- that exempted energy trading from regulatory oversight. Basically, it gave way to the Enron debacle and ushered in the new era of unregulated securities. Interestingly enough, Gramm's wife, Wendy, had been part of the Enron board, and her salary and stock income brought in between $900,000 and $1.8 million to the Gramm household, prior to the passage of the Commodity Futures Modernization Act.

In 2003, Gramm left the Senate to join UBS, which had acquired investment house PaineWebber due to his deregulation bill. At UBS, Gramm lobbied Congress, the Fed and the Treasury Department."

My friend we have added 40 million jobs to our economy sense 1978
that information your using cannot be accurate
Jimmy Carter had an 18% inflation rate in 1978 and your claim is I would have made 10% more?
I would have to make 28% more
And if the value of the dollar is the reason then would not that one year be the biggest impact?

There is no way any-one can claim that the average Joe/Jane made 10% more as a middle class worker in 1977 than he did in 2004
no way

you have 40 million more people working in 2004 than you did in 1978

Women?
part time jobs?
Legal aliens?

Thats pure spam

There is no better example of the type of spam that got Obama elected and made GWB out to be what many see him as
Your table makes claim that the average pay in 1978 in a 40 hour week was $7.75 an hour and that in 2004 it was 6.92 an hour?
Cater had the 18% inflation?
so what ever this thing is trying to say then its Carters fault we are where we are?
Dude this is information that makes no sense
what was minimum wage in 2004?
a car in 2004 being bought with a 14,404 annual salary?
and why is it I am not a millionaire by making 310.00 a week the year I get out of high school?

so 400 billion dollars in added defict with 2 wars and 6 major hurricanes along with 9-11 is something to gloat about?
and let us not forget that was done with a republican congress
Oh-yea
that 400 billion that W had that was more than Clintons?
Tax rebates

Fiscal
Year Year
Ending National Debt Deficit
FY1993 09/30/1993 $4.411488 trillion
FY1994 09/30/1994 $4.692749 trillion $281.26 billion
FY1995 09/29/1995 $4.973982 trillion $281.23 billion
FY1996 09/30/1996 $5.224810 trillion $250.83 billion
FY1997 09/30/1997 $5.413146 trillion $188.34 billion
FY1998 09/30/1998 $5.526193 trillion $113.05 billion
FY1999 09/30/1999 $5.656270 trillion $130.08 billion
FY2000 09/29/2000 $5.674178 trillion $17.91 billion
FY2001 09/28/2001 $5.807463 trillion $133.29 billion


here would be Ws
http://diplomatdc.files.wordpress.co...pg?w=400&h=330

For eight years many liberals complained about the Bush deficit and praised the Clinton surplus. They had an excellent point, but overlooked many key factors. Bush created a Medicare drug entitle*ment which will cost an estimated $800 billion in its first decade. He increased federal education spending 58% faster than inflation. He was also the first President to spend 3% of GDP on federal anti-poverty programs. For some reason the left wing is no longer talking about the deficit.
The above graph does include spending on Iraq and Afghanistan during the Bush years. While Bush did fund the wars through emergency supplementals (not the regular budget process), that spending did not simply vanish. It is of course included in the numbers above.
The Bush deficit declined significantly until early September of 2008 when the global economic crisis began.

Yes
let me add that 1/2 truths are 1/2 truths every where you look
I agree that yu cannot just say that 1978 has anything to do with 2004
40 million jobs where added
that alone is a information that cannot be ignored
I agree heritage is 1/2 truth, but thats the 1/2 that makes that story a whole

Bull shit
I made 70,000 in 01 and in 03 and it made 4000 in difference
look you want to give the govt that much more go for it.

If it is so funny where is your historical data?