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RE: [RT] Off Topic: Bursting Bubbles and Myths



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If Southern Democrats had prevailed over Abe Lincoln’s Republican Party in the greatest and most tragic of all contests, African Americans would be property today. 

 

I see your spreading the highly misleading post below, you’re displaying the same compassion and bipartisanship as generously provided by Nancy Pelosi and Harry Reid.  You might consider that Congress has been ruled by Democrats for 50 years except for those few years in the ‘90s and ‘00s.  And during those years Clinton vetoed welfare reform 3 times before it was apparent his veto would fail and House Democrats filibustered virtually all Bush initiatives except for Iraq which they demanded the right to vote in favor of granting effective war powers.  But revisionist history would have it appear otherwise. 

 

 

From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of Ira
Sent: Wednesday, March 25, 2009 8:23 PM
To: Undisclosed-Recipient:;
Subject: [RT] Off Topic: Bursting Bubbles and Myths

 



Here are some interesting numbers.  I am assuming that they are correct. 

 

Sent: Wednesday, March 25, 2009 4:33 PM

Subject: Bursting Bubbles and Myths

 

Going back to 1929, if one had invested $10,000.00 in the S&P Index, one would have over $300,671.00 as of last fall, with their investment under Democrat presidents. The same investment under Republicans would have given you a balance of $11,733.00. The average annulaized return under Democrats would have been 8.9%. Under the Repubs, a whopping 0.4%.

 

1953-1960(Eisenhower Administration) Unemployment Percentage Rate went UP by 228%

1961-1968(Kennedy-Johnson Administration) Unemployment Percentage Rate went DOWN by 48%

1969-1976(Nixon-Ford Administration) Unemployment Percentage Rate went UP by 229%

1977-1980 (Carter Administration) Unemployment Percentage Rate went DOWN by 8%

1981-1992 (Reagan-Bush I Administration) Unemployment Percentage Rate went UP by 3%

1993-2000 (Clinton Administration) Unemployment Percentage Rate went DOWN by 47%

2001-2008 (Bush II Administration) Unemployment Percentage Rate went UP by 86%

 

Let me conclude by sharing with you some other factual data that can be gleaned from government data sources, and unless I note it the data doesn’t included the last four years of the Bush II presidency, because to do so would only exacerbate the reality of what has happened under Republican leadership over the last few decades.

 

(1968-2004) Increase in Average Annual Income/Inflation Adjusted..

Democrats—1.5%

Republican --- .5%

 

(1949-2004) 4 Year Average Growth in Gross Domestic Product (GDP)

Democrat – 18.0%

Republican – 11.7%

 

(1949-2004) Average Year over Year Increase in Real Corporate Profits

Democrats – 9.2%

Republican – 5.2%

 

(1949-2004) Average Increase in Dow Jones Industrial Average (DJIA)

Democrat – 31.4%

Republican – 15.2%

 

(1949-2008) Growth in Total Civilian EMPLOYMENT

Democrat -11.1%

Republican – 5.6%

 

(1949-2004) Increase in Minimum Wages (Inflation Adjusted)

Democrat – Plus 7.5%

Republican – Decrease of 5.2%

 

 

(1949-2004) Percentage Change in Medium Family Income/Adjusted for Inflation

Democrat – 9.8%

Republican – 4.8%

 

(1949-2004) Disposable Personal Income after Taxes

Democrat – 16.7%

Republican -13.3%

 

(1949-2004) Federal Deficits

Democrat – 3.8%

Republican – 9.1%

 

(1949-2004) Increase in Federal DEBT

Democrats – 4.9%

Republicans – 18.0%

 

 



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