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Hi everyone!
11-13-2002, 06:57 AM,
#31
Auburnwine Offline
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Posts: 369
Threads: 67
Joined: Jun 2002
 
"Unemployment is always higher when democrats are in office"? Hardly.

You might want to look at the facts instead of listening to Christian Coalition propaganda. I'm surprised that the Bush administration hasn't shut down the Bureau of Labor Statistics web site as a threat to National Security.

Between 1960 and 2000, the unemployment rate under Democratic Presidents averaged 5.3%, compared to 6.6% under Republicans. It's only 5.7% now, so GW is doing brilliantly by Republican standards. Yeah, it was 4% when GW brought his economic vision to our great nation.

The GDP grew at an average 4.1% annual rate under Democrats, (2.9% for Republican presidents).

Inflation averaged 3.8% under Democrats, but 5.3% under Republicans. (Remember Ford's brilliant "Whip Inflation Now" campaign?).

The federal funds interest rate averaged 5.4% under Democrats, 7.9% under Republicans.

Labor productivity averaged 2.2% growth under Democrats, compared to 1.9% under Republicans.

Median family income grew at an average rate of 2.2% under Democrats, but only 0.6% under Republicans.

Fixed private investment grew at 7.1% under Democrats, triple the 2.7% rate under Republican Presidents.

Federal deficits totaled $506 billion under Democrats, but $2.5 trillion under Republicans, with the only balanced budgets coming under Democratic Presidents.

The trade deficit averaged 0.8% of our economy under Democrats, but 2.4% under Republicans.

[This message has been edited by Auburnwine (edited 11-13-2002).]
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