From: "BUSH BUSTER" ,

Date: Tue, 26 Oct 2004 11:26:06 -0700 (PDT)
Subject:WHICH PARTY GIVES US A BETTER ECONOMY?

WHICH PARTY GIVES US A BETTER ECONOMY?


Republicans claim the economy. Democrats do not disagree. Instead they
accuse incumbent Republicans of mismanaging the economy. Democrats do
not seem to get it. They are not only masters of the economy but way
ahead of the Republicans.


1929 President Hoover R Depression Job losses

1958 President Eisenhower R Recession

1969 President Nixon R Recession*

1974 President Ford R Recession*

1980 President Carter D Recession*

1981 President Reagan R Recession*

1991 President G.H.Bush R Recession*

2001 President G.W.Bush R Recession** Job losses

(Since Hoover the list includes all Republican presidents)


*U.S.News Oct 9, 2000 p 12

**http://www.retrogrouch.net/MT/archives/000338.html

For those who spin this as Clinton's recession, it did not start till
March 2001. Indicators are up all the way to Oct 2000. After election
results business shifted to Republican mode and indicators flattened.
Bush took over and the slide started.


For the working class the entire Bush term resulted in a weak job
market: increased unemployment, uncertain job security, jobs hard to
find, oversupply of workers resulting in lower starting pays, reduced
benefits for all, few and small raises, demanding work conditions. All
these factors increased corporate profits. The Bush administration
promised it would lead to more employment. It did not. If the consumer
has less money why should corporations risk money expanding their
business? The profits were awarded as bonuses to the already rich
corporate officers.


Democrat policies favor the working class putting more money at their
disposal. This money is spent freely or fast out of necessity.
Businesses seek to sell to them, and expand their business increasing
employment. Both business and working people do well. This generates
more revenue for the Government, converting deficits into surpluses.
Remember Bush H (R) deficits turned into Clinton (D) surpluses and
reversed back to Bush W (R) deficits.


I found the article below. If anybody can attach sources to the
magnificent numbers, it would convince many who are undecided and many
of the Republican working class.


Please circulate.

From:
"Andy Johnson"

Date:
Mon, 20 Sep 2004 20:39:20 –0000

Subject:


[ImpeachGeorgeWBush] Who best handles economy, Dems or Repugs?

ECONOMY
Who's Better in the Driver's Seat?
Under Democratic presidents, the engine hums along

By Arthur I. Blaustein

BERKELEY — A businessman who voted for President Bush four years ago
and Bill Clinton in 1996 told me that John F. Kerry's social-program
goals "seem good, but I'm worried the Democrats can't manage the
economy as well [as Republicans], and they'll get into my wallet."
Many voters agree, according to pollsters. But are Republicans better
economic managers than Democrats?...

Here's the Economic Sweepstakes Quiz. The rules are simple. Guess
which president since World War II did best on these eight most
generally accepted measures of good management of the nation's
economy…

1. The highest growth in the gross domestic product?

2. The highest growth in jobs?

3. The biggest increase in personal disposable income after taxes?

4. The highest growth in industrial production?

5. The highest growth in hourly wages?

6. The lowest misery index (inflation plus unemployment)?

7. The lowest inflation?

8. The largest reduction in the deficit?

The answers are:

1-Truman; 2-Clinton; 3-Johnson; 4-Kennedy; 5-Johnson; 6-Truman; 7-
Truman; 8-Clinton.

In other words, Democratic presidents trounced Republicans eight out
of eight.

If this isn't enough to destroy the perception that the economy has
performed better under Republicans, then let's include stock market
performance under Democrats. The Dow Jones Industrial Average during
the 20th century rose an average of 7.3% a year under Republican
presidents. Under Democrats, it jumped 10.3%, a whopping 41% gain for
investors. During George W. Bush's first three years as president,
the stock market declined 4%.

Moreover, since World War II, the national debt increased on average
by 3.7% a year under Democratic administrations, compared with 9.1%
when Republicans occupied the Oval Office. During the same period,
Democratic presidents oversaw on average an unemployment rate of
4.8%. For Republicans, it was 6.3%.

You can add two more to the un-employment lines tues. bouche and cheney.

Spin....Spin....Spin!

FDR had to deal with a small conflict called WWII. Not many people where buying cars during the '40s. Victory lead to the biggest economic boom in American history.

Nixon had to deal with a small conflict called Vietnam and a mess at home. He opened up the China market which put a lot of people to work and drimatically lowered the prices of everyday consumer goods. Read as Wallmart.

Reagan had to deal with a small conflict called communism. Victory there caused the larges Global boom in history. That did not end until Sept. 11, 2001. This allowed Clinton to close half of the military bases and cut intelligence spending also by half. This is how Clinton and a Republican lead Congress where able to balance the budget.

I'm not sure how any Bush policies created the environment that did not allow Boeing to sell as many airplanes thus laying off 40,000. I think that having their product turned into weapons of mass distruction had a little something to do with it. By the way Boeing is now hiring!

A free economy is when free people sell things to free people who buy them. Please explain to me how a President (any party) can make me decide to buy a new car? The way I see it the only impact a President can have on the economy is the following. 1) A free and secure state where I am not afraid of death. 2) Equal justice under the law where I am not afried of false persacution. And 3) tax cuts thus putting more money in my pocket and less in that other Washington!

In two of the three above examples Kerry simply does not pass the stink test!

p.s. I'll sure be glad when Tuesday is over. I also hope that whoever loses concedes in a timely matter and leaves the lawyers at home!!! On Wednesday I hope all Americans rally behind the President during these critical and difficult times!!! I can dream can't I???

BB, It would be nice if after this election both parties acted like adults and did the right thing, not just about the election, but about everything that needs their attention here in this country, and you are not the only dreamer out there!.