politics ah, i live in nj.and my average is 4.0 s.a.t
i work 6 hours a day and go to school im up by 4.30- every morning i have a newspaper route.
now about the democrats .
they have done more for the working man than the republicans
20 years rep 9 yrs dem reagan bush clinton bush obama.
reagan increased the debt from 1 billion to 1 trillion
the side supply economy he put into place failed at the end of his 2nd term.
his first 3 years in office he increased unemployment to over 10% lowered taxes but created 3 new taxes including the gasoline tax(60 cents per gallon today) on his 2nd term he brough unemployment down to 5%. he allowed the import of cocaine to this country and used the preceeding of cocaine sales to pay for his war in nicaragua (contras)
ollie north. his credit. the demise of russia
papa bush,under his leadership the debt had increased to $27.000 per person unemployment went to over 7% and raised taxes. we had the savings and loans fiasco and the same foreclousure problem we have today, 1500 banks shut down 150 billions lost. 3 to 4 banks a day were getting shut down by the fdic
clinton stabilized the economy on 2 nd term unemployment went below 4 % balanced the budget left a surplus
baby bush used the excuse of 9/11 to spy on the population and violate their rights allowed banks to lend to people home equity loans that could not be paid back but with those home equity loans people went on a shopping spree and created a false economy growth. also created 2 wars iraq was a revenge for an attempt on his papis life no w.o.m.d were found and wasted billions on a senseless war .a replica of the viet nam war . later in 2008 the shit hit the fan and he authorized t.a.r,p, gave out billions to aig ,fannie may. etc etc
now comes obama with the biggest headache since the depression 2 wars and a country broke . hes only there 9 months so nothing can be clearly said about his performance and both reagan and clinton inheratance of bad economies were not solved until their 2nd term .
SO GIVE OBAMA A BREAK, IS TOO EARLY TO KNOW WHAT RESULTS HIS ECONOMIC PLAN WILL BRING ABOUT.
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