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Originally Posted by Mippo  Oh, and just for the record it's not just Bush. Historically Democrat Presidents have always been better for the economy then Republican Presidents.
Here's an article that runs the numbers, More GOP Than the GOP - Los Angeles Times |
LOL nice fucking try, but the fact is that historically, LBJ, Nixon and Carter shared the same catastrophic Keynesian policies that saw the disastrous conditions of the the first economic crises, whilst Reagan, both Bushes and even Bill Clinton all revelled in the Chicago-School market economics that have liberated the WORLD. From China, to India, to Bolivia, Hayekian market economics have brought about REAL transformation and unprecedented prosperity to billions of human beings.
Bush's tax cuts yielded the
two highest federal revenues in American history. It also produced an UNPRECEDENTED level of federal revenues from EXACTLY the same wealth creation sectors that Obama plans to eviscerate, nearly double that of the CBO's projected gains:
The 2003 tax cuts remain on the record as producing the most dramatic economic expansions in the US economy and was poised to outperform Clinton's expansion until the French precipitated the collapse of our mortgage industry late in 2007:
In fact, even as recently as mid-2007, before France's largest bank, BNP Paribas zeroed out millions of US housing positions,
Bush's administration stood poised to realize the largest deficit reductions in 40 years.
But here you are trying to defend the REAL failed keynesian policies that Obama and Goolsbee are trying to revive with
PARTISAN POLITICS? Reagan and Clinton weren't in the same party but Clinton ENTHUSIASTICALLY pursued market solutions and deregulation to realize his economic performance. Maggy Thatcher and Tony Blair couldn't be more similar but blair also pursued market economic policies. That's because Blair and Clinton were neoliberals who embraced the Chicago School of economic thought (waaay too much in Clinton's example).
But here we are and you're trying to pretend that Obama/Goolsbee's keynesian regressionist policies, the likes of which we haven't seen since CARTER, is somehow sensible again while the rest of the world marches into a future paved with market liberalization?
Obama isn't a CLINTON, he's not even a NIXON, his preposterous econom closer to the New Deal entitlement demagoguery of FDR which, oddly enough, was more checked by Truman than Eisenhower. Obama's economic policies represent the sort of socialist burdens that impaired the world's prosperity that we ALL broke during Reagan and Clinton's years.
This isn't partisan, we saw the transformation that the whole world underwent when they allowed the bureaucratic, entitlement regimes slewed off the private sectors. Reagan saw it, Clinton saw it and the Bushes saw it. But Obama, DRUNK ON THE MYTH of socialist injustice, wants to bring about the same discredited economic conditions that culminated in stagflation, the creation of the fiat currency and the collapse of the American manufacturing sector.
And you THINK he knows what he's talking about?
