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Tuesday, January 10, 2023 7:04:26 PM
'Turned over', 'changed the dynamics', and yet the economic performance described below arguably benefited more of the middle and the working classes than did Clinton's GOP predecessors' and successors' 'dynamics'.
Ditto for Obama. So what are the 'dynamics' of the GOP? Have they not turned their Party over to election denying, nihilistic, junk science pushing, anti-intellectual nut jobs, with shit new job creation to show for it?
https://en.wikipedia.org/wiki/Jobs_created_during_U.S._presidential_terms#:~:text=Among%20the%20presidents%20from%20Jimmy,increase%20in%20jobs%20at%2015.6%25.
Among the presidents from Jimmy Carter to Donald Trump, Bill Clinton created the most jobs at 18.6 million, while Ronald Reagan had the largest cumulative percentage increase in jobs at 15.6%.
Below are the budgetary results for President Clinton's two terms in office:
He had budget surpluses for fiscal years 1998–2001, the only such years from 1970 to 2018. Clinton's final four budgets were balanced budgets with surpluses, beginning with the 1997 budget.
The ratio of debt held by the public to GDP, a primary measure of U.S. federal debt, fell from 47.8% in 1993 to 33.6% by 2000. Debt held by the public was actually paid down by $453 billion over the 1998-2001 periods, the only time this happened between 1970 and 2018.
Federal spending fell from 20.7% GDP in 1993 to 17.6% GDP in 2000, below the historical average (1966 to 2015) of 20.2% GDP.
Tax revenues rose steadily from 17.0% GDP in 1993 to 20.0% GDP in 2000, well above the historical average of 17.4% GDP.
https://www.thebalancemoney.com/job-creation-by-president-by-number-and-percent-3863218
President Obama created 8.9 million jobs by the end of December 2016, a 6.1% increase over the work force he took over after the end of the Bush administration.
But that doesn't give the total picture. The economy lost 8.7 million jobs as a result of the Great Recession, which took place from late-2007 through mid-2009. From June 2009 to December 2016, Obama created 12.2 million jobs, an 8.7% increase.
Obama attacked the Great Recession with the American Recovery and Reinvestment Act. It created jobs through public works. Many of those jobs were in construction.
And then there's Biden. Who did this record help? The dynamics of the Dem Party remain beneficial primarily to the middle and working classes. They NEVER dick around with SS, Medicare, Medicaid nor with 'infrastructure months'. Nor did they politicize the pandemic and the Covid vaxxes. What kind of party dynamic did, tried to do, exactly the opposite of any of that, to the fatal detriment of many of their supporters?
Ditto for Obama. So what are the 'dynamics' of the GOP? Have they not turned their Party over to election denying, nihilistic, junk science pushing, anti-intellectual nut jobs, with shit new job creation to show for it?
https://en.wikipedia.org/wiki/Jobs_created_during_U.S._presidential_terms#:~:text=Among%20the%20presidents%20from%20Jimmy,increase%20in%20jobs%20at%2015.6%25.
Among the presidents from Jimmy Carter to Donald Trump, Bill Clinton created the most jobs at 18.6 million, while Ronald Reagan had the largest cumulative percentage increase in jobs at 15.6%.
Below are the budgetary results for President Clinton's two terms in office:
He had budget surpluses for fiscal years 1998–2001, the only such years from 1970 to 2018. Clinton's final four budgets were balanced budgets with surpluses, beginning with the 1997 budget.
The ratio of debt held by the public to GDP, a primary measure of U.S. federal debt, fell from 47.8% in 1993 to 33.6% by 2000. Debt held by the public was actually paid down by $453 billion over the 1998-2001 periods, the only time this happened between 1970 and 2018.
Federal spending fell from 20.7% GDP in 1993 to 17.6% GDP in 2000, below the historical average (1966 to 2015) of 20.2% GDP.
Tax revenues rose steadily from 17.0% GDP in 1993 to 20.0% GDP in 2000, well above the historical average of 17.4% GDP.
https://www.thebalancemoney.com/job-creation-by-president-by-number-and-percent-3863218
President Obama created 8.9 million jobs by the end of December 2016, a 6.1% increase over the work force he took over after the end of the Bush administration.
But that doesn't give the total picture. The economy lost 8.7 million jobs as a result of the Great Recession, which took place from late-2007 through mid-2009. From June 2009 to December 2016, Obama created 12.2 million jobs, an 8.7% increase.
Obama attacked the Great Recession with the American Recovery and Reinvestment Act. It created jobs through public works. Many of those jobs were in construction.
And then there's Biden. Who did this record help? The dynamics of the Dem Party remain beneficial primarily to the middle and working classes. They NEVER dick around with SS, Medicare, Medicaid nor with 'infrastructure months'. Nor did they politicize the pandemic and the Covid vaxxes. What kind of party dynamic did, tried to do, exactly the opposite of any of that, to the fatal detriment of many of their supporters?
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