Republicans Have No Plan to Fix Inflation

[Nostra]

Both Clinton and Obama left great economies behind them and Obama's economy was the reason Trump held things together for a while until Covid, supply blockages etc came along. And it was the mishandling of Covid that began the unraveling of the Obama economy that Trump inherited. If you look at the charts of Obama's economy it matches perfectly with what Trump claims for himself. In the Case of Clinton, his, not Trump's economy was the greatest in the modern era. But Trump comes in and claims what he was inheriting as a product of what he was doing. Obama was left a true mess by W. In fact there are more cases of Democrats fixing GOP economies than what you are claiming as the work of the GOP. What Trump left was an economy in decline and Covid raging. He also left a divided nation because of his hateful rhetoric, his racist rants his cruel foreign policies including immigration policies and his lies about the left. But you Trumpers bought the whole thing without question. And you are still spreading Trump's poison to this day. You'll have some explaining to do to your kids and yourself. Good luck with that.

Clinton left a recession behind.

 

[struth]

Both Clinton and Obama left great economies behind them and Obama's economy was the reason Trump held things together for a while until Covid, supply blockages etc came along. And it was the mishandling of Covid that began the unraveling of the Obama economy that Trump inherited. If you look at the charts of Obama's economy it matches perfectly with what Trump claims for himself. In the Case of Clinton, his, not Trump's economy was the greatest in the modern era. But Trump comes in and claims what he was inheriting as a product of what he was doing. Obama was left a true mess by W. In fact there are more cases of Democrats fixing GOP economies than what you are claiming as the work of the GOP. What Trump left was an economy in decline and Covid raging. He also left a divided nation because of his hateful rhetoric, his racist rants his cruel foreign policies including immigration policies and his lies about the left. But you Trumpers bought the whole thing without question. And you are still spreading Trump's poison to this day. You'll have some explaining to do to your kids and yourself. Good luck with that.

Clinton left in a recession and obama in stagnation…granted Bush and trump were lucky enough to have gop congresses

to help quickly get out of it and thankfully things were nearly as bad as when reagan took over

 

[whitehall]

Once more the left pretends that it lost the election. Democrats are in charge but the whiny left asks republicans what to do. It's 18 months too late for that.

 

[easyt65]

We read and hear all the disinformed talking crazy about Biden, but they have no plan to stop inflation. If they had one, they would have presented it to congress. Because if they had one and it worked, they would most certainly assure themselves the majority. Instead it's been about obstruction and the idiocy of Big Money Manchin and Corporate Slave Sinema.

I say they have no plan because spending by trump contributed to the inflation.

Facts First: While some economists say the stimulus packages passed in response to the Covid-19 pandemic are having an impact on inflation, it's misleading to suggest that's the only explanation for the recent rise in inflation. Blaming it exclusively on Democratic spending proposals misrepresents what's actually been passed, and ignores the trillions of dollars in spending passed last year supported by Republicans and signed by then-President Donald Trump which economists say have also contributed to inflation.

Last year, Congress passed two bills totaling around $3 trillion in Covid relief spending -- the $2 trillion Coronavirus Aid, Relief and Economic Security Act passed in March 2020, and the $900 billion pandemic relief bill passed in December 2020. Both were signed by Trump and supported by Republicans.

Fact-checking Republican attempts to blame inflation on Democrats

As the US economy gradually recovers from the coronavirus pandemic, prices are rising across the board with inflation exceeding the Federal Reserve's 2% target and reaching a 13-year high in June. Republicans have turned that jump in inflation into a political talking point, trying to place the...

www.cnn.com

And Rick Scotts tax increase for all is not the answer. So the Republican plan is to get the majority and start bogus investigations on Hunter Biden and attempt to impeach Biden, then Harris. If they appoint trump to speaker, understand that is the first move to the attempt to reinstall him as president. Sane Americans cannot continue falling for disinformation. Biden is not the reason that supply chains have been hampered, COVID is. And we were negatively affected by COVID due to the incompetence of a republican president. We cannot afford to have crazies running our government.

Who owns the WH, House, & Senate? Who created this shot? Who is too busy with 'Get Trump 3.0' and planning 'Get Trump 4.0' to be bothered with doing something about everything they have fucked up?

 

[Wickerthing]

Clinton left in a recession and obama in stagnation…granted Bush and trump were lucky enough to have gop congresses

to help quickly get out of it and thankfully things were nearly as bad as when reagan took over

How long have you been this full of shit?

 

[Batcat]

Whatabout! Whatabout! Get lost if you're not already there. BTW a lot of people believed Trump's nonsense which has become your nonsense for 4 years. But we are seeing how truthful that was every day that we watch the Jan 6 hearings. Lesson: Just because fools believe it, doesn't make it true and when Trump says it, it's a fuckin lie.

How about all the fools who believed Hillary Clinton's bought and paid for bullshit story about how Trump colluded with Putin to defeat her.

You were likely one of them.

Inside the Clinton dossier and the con behind the Russiagate scandal

The nation argued for years over the infamous Steele dossier, the document on which the FBI relied to probe Donald Trump’s 2016 campaign. It should have been dubbed the Clinton dossier, Kimberly A.…

nypost.com

The Jan 6th Hearings are just one side of the story. A song and dance routine to impress the sheeple in our nation and prevent Trump from running again.

If they succeed a better candidate, Governor DeSantis of the Free State of Florida will likely run and defeat whoever the Dems pick in a landslide of epic proportions.

 

[Wickerthing]

Clinton left in a recession and obama in stagnation…granted Bush and trump were lucky enough to have gop congresses

to help quickly get out of it and thankfully things were nearly as bad as when reagan took over

The Clinton Presidency:
Historic Economic Growth

---

In 1993, President Clinton and Vice President Gore launched their economic strategy: (1) establishing fiscal discipline, eliminating the budget deficit, keeping interest rates low, and spurring private-sector investment; (2) investing in people through education, training, science, and research; and (3) opening foreign markets so American workers can compete abroad. After eight years, the results of President Clinton's economic leadership are clear. Record budget deficits have become record surpluses, 22 million new jobs have been created, unemployment and core inflation are at their lowest levels in more than 30 years, and America is in the midst of the longest economic expansion in our history. President Clinton's Record on the Economy: In 1992, 10 million Americans were unemployed, the country faced record deficits, and poverty and welfare rolls were growing. Family incomes were losing ground to inflation and jobs were being created at the slowest rate since the Great Depression. Today, America enjoys what may be the strongest economy ever. Strong Economic Growth: Since President Clinton and Vice President Gore took office, economic growth has averaged 4.0 percent per year, compared to average growth of 2.8 percent during the Reagan-Bush years. The economy has grown for 116 consecutive months, the most in history. Most New Jobs Ever Created Under a Single Administration: The economy has created more than 22.5 million jobs in less than eight years—the most jobs ever created under a single administration, and more than were created in the previous 12 years. Of the total new jobs, 20.7 million, or 92 percent, are in the private sector. Median Family Income Up $6,000 since 1993: Economic gains have been made across the spectrum as family incomes increased for all Americans. Since 1993, real median family income has increased by $6,338, from $42,612 in 1993 to $48,950 in 1999 (in 1999 dollars). Unemployment at Its Lowest Level in More than 30 Years: Overall unemployment has dropped to the lowest level in more than 30 years, down from 6.9 percent in 1993 to just 4.0 percent in November 2000. The unemployment rate has been below 5 percent for 40 consecutive months. Unemployment for African Americans has fallen from 14.2 percent in 1992 to 7.3 percent in October 2000, the lowest rate on record. Unemployment for Hispanics has fallen from 11.8 percent in October 1992 to 5.0 percent in October 2000, also the lowest rate on record. Lowest Inflation since the 1960s: Inflation is at the lowest rate since the Kennedy Administration, averaging 2.5 percent, and it is down from 4.7 percent during the previous administration. Highest Homeownership Rate on Record: The homeownership rate reached 67.7 percent for the third quarter of 2000, the highest rate on record. In contrast, the homeownership rate fell from 65.6 percent in the first quarter of 1981 to 63.7 percent in the first quarter of 1993. 7 Million Fewer Americans Living in Poverty: The poverty rate has declined from 15.1 percent in 1993 to 11.8 percent last year, the largest six-year drop in poverty in nearly 30 years. There are now 7 million fewer people in poverty than there were in 1993. Establishing Fiscal Discipline and Paying off the National Debt President Clinton's Record on Fiscal Discipline: Between 1981 and 1992, the national debt held by the public quadrupled. The annual budget deficit grew to $290 billion in 1992, the largest ever, and was projected to grow to more than $455 billion by Fiscal Year (FY) 2000. As a result of the tough and sometimes unpopular choices made by President Clinton, and major deficit reduction legislation passed in 1993 and 1997, we have seen eight consecutive years of fiscal improvement for the first time in America's history. Largest Surplus Ever: The surplus in FY 2000 is $237 billion—the third consecutive surplus and the largest surplus ever. Largest Three-Year Debt Pay-Down Ever: Between 1998-2000, the publicly held debt was reduced by $363 billion—the largest three-year pay-down in American history. Under Presidents Reagan and Bush, the debt held by the public quadrupled. Under the Clinton-Gore budget, we are on track to pay off the entire publicly held debt on a net basis by 2009. Lower Federal Government Spending: After increasing under the previous two administrations, federal government spending as a share of the economy has been cut from 22.2 percent in 1992 to 18 percent in 2000—the lowest level since 1966. Reduced Interest Payments on the Debt: In 1993, the net interest payments on the debt held by the public were projected to grow to $348 billion in FY 2000. In 2000, interest payments on the debt were $125 billion lower than projected. Americans Benefit from Reduced Debt: Because of fiscal discipline and deficit and debt reduction, it is estimated that a family with a home mortgage of $100,000 might expect to save roughly $2,000 per year in mortgage payments, like a large tax cut. Double Digit Growth in Private Investment in Equipment and Software: Lower debt will help maintain strong economic growth and fuel private investments. With government no longer draining resources out of capital markets, private investment in equipment and software averaged 13.3 percent annual growth since 1993, compared to 4.7 percent during 1981 to 1992. To Establish Fiscal Discipline, President Clinton: Enacted the 1993 Deficit Reduction Plan without a Single Republican Vote. Prior to 1993, the debate over fiscal policy often revolved around a false choice between public investment and deficit reduction. The 1993 deficit reduction plan showed that deficit and debt reductions could be accomplished in a progressive way by slashing the deficit in half and making important investments in our future, including education, health care, and science and technology research. The plan included more than $500 billion in deficit reduction. It also cut taxes for 15 million of the hardest-pressed Americans by expanding the Earned Income Tax Credit; created the Direct Student Loan Program; created the first nine Empowerment Zones and first 95 Enterprise Communities; and passed tax cuts for small businesses and research and development. Negotiated the Balanced Budget Agreement of 1997. In his 1997 State of the Union address, President Clinton announced his plan to balance the budget for the first time in 27 years. Later that year, he signed the Balanced Budget Act of 1997, a major bipartisan agreement to eliminate the national budget deficit, create the conditions for economic growth, and invest in the education and health of our people. It provided middle-class tax relief with a $500 per child tax credit and the Hope Scholarship and Lifetime Learning tax credits for college. It also created the Children's Health Insurance Program to serve up to 5 million children and made landmark investments in education initiatives including educational technology, charter schools, Head Start, and Pell Grants. Finally, it added 20 more Empowerment Zones and 20 more rural Enterprise Communities, included the President's plan to revitalize the District of Columbia, and continued welfare reform though $3 billion in new resources to move welfare recipients to private-sector jobs. Dedicated the Surplus to Save Social Security and Reduce the National Debt. In his 1998 and 1999 State of the Union addresses, President Clinton called on the nation to save the surplus until the solvency of Social Security is assured. He also repeatedly vetoed large Republican tax cut bills that would have jeopardized our nation's fiscal discipline. The President's actions led to a bipartisan consensus on saving the surplus and paying down the debt. Extended Medicare Solvency from 1999 to 2025. When President Clinton took office, Medicare was expected to become insolvent in 1999, then only six years away. The 1993 deficit reduction act dedicated some of the taxes paid by Social Security beneficiaries to the Medicare Trust Fund and extended the life of Medicare by three years to 2002. Thanks to additional provisions to combat waste, fraud and abuse and bipartisan cooperation in the 1997 balanced budget agreement, Medicare is now expected to remain solvent until 2025. Clinton-Gore Economic Policy Has Dramatically Improved the Economy

 

[Wickerthing]

How about all the fools who believed Hillary Clinton's bought and paid for bullshit story about how Trump colluded with Putin to defeat her.

You were likely one of them.

Inside the Clinton dossier and the con behind the Russiagate scandal

The nation argued for years over the infamous Steele dossier, the document on which the FBI relied to probe Donald Trump’s 2016 campaign. It should have been dubbed the Clinton dossier, Kimberly A.…

nypost.com

The Jan 6th Hearings are just one side of the story. A song and dance routine to impress the sheeple in our nation and prevent Trump from running again.

If they succeed a better candidate, Governor DeSantis of the Free State of Florida will likely run and defeat whoever the Dems pick in a landslide of epic proportions.

Hey genius! Putin was asked if he helped Trump win when they met in Helsinki. The place where Trump was like a school girl in his adoration of his god, VLAD. Putin said YES I helped. On Camera and On worldwide TV

 

[Wickerthing]

How about all the fools who believed Hillary Clinton's bought and paid for bullshit story about how Trump colluded with Putin to defeat her.

You were likely one of them.

Inside the Clinton dossier and the con behind the Russiagate scandal

The nation argued for years over the infamous Steele dossier, the document on which the FBI relied to probe Donald Trump’s 2016 campaign. It should have been dubbed the Clinton dossier, Kimberly A.…

nypost.com

The Jan 6th Hearings are just one side of the story. A song and dance routine to impress the sheeple in our nation and prevent Trump from running again.

If they succeed a better candidate, Governor DeSantis of the Free State of Florida will likely run and defeat whoever the Dems pick in a landslide of epic proportions.

Not sure the country could survive Another scoundrel like Trump and DeSantis is a clone.

 

[Nostra]

The Clinton Presidency:
Historic Economic Growth

---

In 1993, President Clinton and Vice President Gore launched their economic strategy: (1) establishing fiscal discipline, eliminating the budget deficit, keeping interest rates low, and spurring private-sector investment; (2) investing in people through education, training, science, and research; and (3) opening foreign markets so American workers can compete abroad. After eight years, the results of President Clinton's economic leadership are clear. Record budget deficits have become record surpluses, 22 million new jobs have been created, unemployment and core inflation are at their lowest levels in more than 30 years, and America is in the midst of the longest economic expansion in our history. President Clinton's Record on the Economy: In 1992, 10 million Americans were unemployed, the country faced record deficits, and poverty and welfare rolls were growing. Family incomes were losing ground to inflation and jobs were being created at the slowest rate since the Great Depression. Today, America enjoys what may be the strongest economy ever. Strong Economic Growth: Since President Clinton and Vice President Gore took office, economic growth has averaged 4.0 percent per year, compared to average growth of 2.8 percent during the Reagan-Bush years. The economy has grown for 116 consecutive months, the most in history. Most New Jobs Ever Created Under a Single Administration: The economy has created more than 22.5 million jobs in less than eight years—the most jobs ever created under a single administration, and more than were created in the previous 12 years. Of the total new jobs, 20.7 million, or 92 percent, are in the private sector. Median Family Income Up $6,000 since 1993: Economic gains have been made across the spectrum as family incomes increased for all Americans. Since 1993, real median family income has increased by $6,338, from $42,612 in 1993 to $48,950 in 1999 (in 1999 dollars). Unemployment at Its Lowest Level in More than 30 Years: Overall unemployment has dropped to the lowest level in more than 30 years, down from 6.9 percent in 1993 to just 4.0 percent in November 2000. The unemployment rate has been below 5 percent for 40 consecutive months. Unemployment for African Americans has fallen from 14.2 percent in 1992 to 7.3 percent in October 2000, the lowest rate on record. Unemployment for Hispanics has fallen from 11.8 percent in October 1992 to 5.0 percent in October 2000, also the lowest rate on record. Lowest Inflation since the 1960s: Inflation is at the lowest rate since the Kennedy Administration, averaging 2.5 percent, and it is down from 4.7 percent during the previous administration. Highest Homeownership Rate on Record: The homeownership rate reached 67.7 percent for the third quarter of 2000, the highest rate on record. In contrast, the homeownership rate fell from 65.6 percent in the first quarter of 1981 to 63.7 percent in the first quarter of 1993. 7 Million Fewer Americans Living in Poverty: The poverty rate has declined from 15.1 percent in 1993 to 11.8 percent last year, the largest six-year drop in poverty in nearly 30 years. There are now 7 million fewer people in poverty than there were in 1993. Establishing Fiscal Discipline and Paying off the National Debt President Clinton's Record on Fiscal Discipline: Between 1981 and 1992, the national debt held by the public quadrupled. The annual budget deficit grew to $290 billion in 1992, the largest ever, and was projected to grow to more than $455 billion by Fiscal Year (FY) 2000. As a result of the tough and sometimes unpopular choices made by President Clinton, and major deficit reduction legislation passed in 1993 and 1997, we have seen eight consecutive years of fiscal improvement for the first time in America's history. Largest Surplus Ever: The surplus in FY 2000 is $237 billion—the third consecutive surplus and the largest surplus ever. Largest Three-Year Debt Pay-Down Ever: Between 1998-2000, the publicly held debt was reduced by $363 billion—the largest three-year pay-down in American history. Under Presidents Reagan and Bush, the debt held by the public quadrupled. Under the Clinton-Gore budget, we are on track to pay off the entire publicly held debt on a net basis by 2009. Lower Federal Government Spending: After increasing under the previous two administrations, federal government spending as a share of the economy has been cut from 22.2 percent in 1992 to 18 percent in 2000—the lowest level since 1966. Reduced Interest Payments on the Debt: In 1993, the net interest payments on the debt held by the public were projected to grow to $348 billion in FY 2000. In 2000, interest payments on the debt were $125 billion lower than projected. Americans Benefit from Reduced Debt: Because of fiscal discipline and deficit and debt reduction, it is estimated that a family with a home mortgage of $100,000 might expect to save roughly $2,000 per year in mortgage payments, like a large tax cut. Double Digit Growth in Private Investment in Equipment and Software: Lower debt will help maintain strong economic growth and fuel private investments. With government no longer draining resources out of capital markets, private investment in equipment and software averaged 13.3 percent annual growth since 1993, compared to 4.7 percent during 1981 to 1992. To Establish Fiscal Discipline, President Clinton: Enacted the 1993 Deficit Reduction Plan without a Single Republican Vote. Prior to 1993, the debate over fiscal policy often revolved around a false choice between public investment and deficit reduction. The 1993 deficit reduction plan showed that deficit and debt reductions could be accomplished in a progressive way by slashing the deficit in half and making important investments in our future, including education, health care, and science and technology research. The plan included more than $500 billion in deficit reduction. It also cut taxes for 15 million of the hardest-pressed Americans by expanding the Earned Income Tax Credit; created the Direct Student Loan Program; created the first nine Empowerment Zones and first 95 Enterprise Communities; and passed tax cuts for small businesses and research and development. Negotiated the Balanced Budget Agreement of 1997. In his 1997 State of the Union address, President Clinton announced his plan to balance the budget for the first time in 27 years. Later that year, he signed the Balanced Budget Act of 1997, a major bipartisan agreement to eliminate the national budget deficit, create the conditions for economic growth, and invest in the education and health of our people. It provided middle-class tax relief with a $500 per child tax credit and the Hope Scholarship and Lifetime Learning tax credits for college. It also created the Children's Health Insurance Program to serve up to 5 million children and made landmark investments in education initiatives including educational technology, charter schools, Head Start, and Pell Grants. Finally, it added 20 more Empowerment Zones and 20 more rural Enterprise Communities, included the President's plan to revitalize the District of Columbia, and continued welfare reform though $3 billion in new resources to move welfare recipients to private-sector jobs. Dedicated the Surplus to Save Social Security and Reduce the National Debt. In his 1998 and 1999 State of the Union addresses, President Clinton called on the nation to save the surplus until the solvency of Social Security is assured. He also repeatedly vetoed large Republican tax cut bills that would have jeopardized our nation's fiscal discipline. The President's actions led to a bipartisan consensus on saving the surplus and paying down the debt. Extended Medicare Solvency from 1999 to 2025. When President Clinton took office, Medicare was expected to become insolvent in 1999, then only six years away. The 1993 deficit reduction act dedicated some of the taxes paid by Social Security beneficiaries to the Medicare Trust Fund and extended the life of Medicare by three years to 2002. Thanks to additional provisions to combat waste, fraud and abuse and bipartisan cooperation in the 1997 balanced budget agreement, Medicare is now expected to remain solvent until 2025. Clinton-Gore Economic Policy Has Dramatically Improved the Economy

Fucking hilarious that your source touts Clinton "NEGOTIATED THE BALANCED BUDGET AGREEMENT OF 1997" when the Clown vetoed it twice going back to 1995. Only when faced with enough votes to override his veto did he reluctantly sign it.................THEN HE RAN OUT TO THE CAMERAS TO TAKE CREDIT FOR IT.

https://www.washingtonpost.com/archive/politics/1995/12/07/clinton-vetoes-gops-7-year-balanced-budget-plan/e7a56467-ea2d-467e-a818-790640a4f5d8/

 

[Clipper]

Biden and the Democrats have absolutely no plan to fix inflation or anything else. ....

The Trump Party does not give one shit about inflation or fuel prices. In fact, they 're love it because they have a reason to attack Biden.

It's laughable considering the Republican Party who screws the middle class every chance they get is now supposeddly so so concerned about the average person paying more for gas, food etc.

What a joke.

 

[lantern2814]

Clinton left a recession behind.

They tend to ignore that the dot com bubble burst on Clinton as he was headed out the door. Leaving Bush to be hit with the brunt of it.

 

[Wickerthing]

Fucking hilarious that your source touts Clinton "NEGOTIATED THE BALANCED BUDGET AGREEMENT OF 1997" when the Clown vetoed it twice going back to 1995. Only when faced with enough votes to override his veto did he reluctantly sign it.................THEN HE RAN OUT TO THE CAMERAS TO TAKE CREDIT FOR IT.

https://www.washingtonpost.com/archive/politics/1995/12/07/clinton-vetoes-gops-7-year-balanced-budget-plan/e7a56467-ea2d-467e-a818-790640a4f5d8/

Try again. Yeah, he vetoed the GOP bill a number of times because just like always has been the case, the GOP plan wanted to balance the budget on the backs of the working class and to make massive cuts to Medicare and Welfare. But you managed to find a webpage that ignored that fact. That's called Fake News! LOL Do some more research and look at both sides this time. But you won't because it doesn't fit with your narrative of Trumpian BS!

 

[Nostra]

Try again. Yeah, he vetoed the GOP bill a number of times because just like always has been the case, the GOP plan wanted to balance the budget on the backs of the working class and to make massive cuts to Medicare and Welfare. But you managed to find a webpage that ignored that fact. That's called Fake News! LOL Do some more research and look at both sides this time. But you won't because it doesn't fit with your narrative of Trumpian BS!

Nope. Pretty much the same bill all three times. You are a liar.

 

[struth]

The Clinton Presidency:
Historic Economic Growth

---

In 1993, President Clinton and Vice President Gore launched their economic strategy: (1) establishing fiscal discipline, eliminating the budget deficit, keeping interest rates low, and spurring private-sector investment; (2) investing in people through education, training, science, and research; and (3) opening foreign markets so American workers can compete abroad. After eight years, the results of President Clinton's economic leadership are clear. Record budget deficits have become record surpluses, 22 million new jobs have been created, unemployment and core inflation are at their lowest levels in more than 30 years, and America is in the midst of the longest economic expansion in our history. President Clinton's Record on the Economy: In 1992, 10 million Americans were unemployed, the country faced record deficits, and poverty and welfare rolls were growing. Family incomes were losing ground to inflation and jobs were being created at the slowest rate since the Great Depression. Today, America enjoys what may be the strongest economy ever. Strong Economic Growth: Since President Clinton and Vice President Gore took office, economic growth has averaged 4.0 percent per year, compared to average growth of 2.8 percent during the Reagan-Bush years. The economy has grown for 116 consecutive months, the most in history. Most New Jobs Ever Created Under a Single Administration: The economy has created more than 22.5 million jobs in less than eight years—the most jobs ever created under a single administration, and more than were created in the previous 12 years. Of the total new jobs, 20.7 million, or 92 percent, are in the private sector. Median Family Income Up $6,000 since 1993: Economic gains have been made across the spectrum as family incomes increased for all Americans. Since 1993, real median family income has increased by $6,338, from $42,612 in 1993 to $48,950 in 1999 (in 1999 dollars). Unemployment at Its Lowest Level in More than 30 Years: Overall unemployment has dropped to the lowest level in more than 30 years, down from 6.9 percent in 1993 to just 4.0 percent in November 2000. The unemployment rate has been below 5 percent for 40 consecutive months. Unemployment for African Americans has fallen from 14.2 percent in 1992 to 7.3 percent in October 2000, the lowest rate on record. Unemployment for Hispanics has fallen from 11.8 percent in October 1992 to 5.0 percent in October 2000, also the lowest rate on record. Lowest Inflation since the 1960s: Inflation is at the lowest rate since the Kennedy Administration, averaging 2.5 percent, and it is down from 4.7 percent during the previous administration. Highest Homeownership Rate on Record: The homeownership rate reached 67.7 percent for the third quarter of 2000, the highest rate on record. In contrast, the homeownership rate fell from 65.6 percent in the first quarter of 1981 to 63.7 percent in the first quarter of 1993. 7 Million Fewer Americans Living in Poverty: The poverty rate has declined from 15.1 percent in 1993 to 11.8 percent last year, the largest six-year drop in poverty in nearly 30 years. There are now 7 million fewer people in poverty than there were in 1993. Establishing Fiscal Discipline and Paying off the National Debt President Clinton's Record on Fiscal Discipline: Between 1981 and 1992, the national debt held by the public quadrupled. The annual budget deficit grew to $290 billion in 1992, the largest ever, and was projected to grow to more than $455 billion by Fiscal Year (FY) 2000. As a result of the tough and sometimes unpopular choices made by President Clinton, and major deficit reduction legislation passed in 1993 and 1997, we have seen eight consecutive years of fiscal improvement for the first time in America's history. Largest Surplus Ever: The surplus in FY 2000 is $237 billion—the third consecutive surplus and the largest surplus ever. Largest Three-Year Debt Pay-Down Ever: Between 1998-2000, the publicly held debt was reduced by $363 billion—the largest three-year pay-down in American history. Under Presidents Reagan and Bush, the debt held by the public quadrupled. Under the Clinton-Gore budget, we are on track to pay off the entire publicly held debt on a net basis by 2009. Lower Federal Government Spending: After increasing under the previous two administrations, federal government spending as a share of the economy has been cut from 22.2 percent in 1992 to 18 percent in 2000—the lowest level since 1966. Reduced Interest Payments on the Debt: In 1993, the net interest payments on the debt held by the public were projected to grow to $348 billion in FY 2000. In 2000, interest payments on the debt were $125 billion lower than projected. Americans Benefit from Reduced Debt: Because of fiscal discipline and deficit and debt reduction, it is estimated that a family with a home mortgage of $100,000 might expect to save roughly $2,000 per year in mortgage payments, like a large tax cut. Double Digit Growth in Private Investment in Equipment and Software: Lower debt will help maintain strong economic growth and fuel private investments. With government no longer draining resources out of capital markets, private investment in equipment and software averaged 13.3 percent annual growth since 1993, compared to 4.7 percent during 1981 to 1992. To Establish Fiscal Discipline, President Clinton: Enacted the 1993 Deficit Reduction Plan without a Single Republican Vote. Prior to 1993, the debate over fiscal policy often revolved around a false choice between public investment and deficit reduction. The 1993 deficit reduction plan showed that deficit and debt reductions could be accomplished in a progressive way by slashing the deficit in half and making important investments in our future, including education, health care, and science and technology research. The plan included more than $500 billion in deficit reduction. It also cut taxes for 15 million of the hardest-pressed Americans by expanding the Earned Income Tax Credit; created the Direct Student Loan Program; created the first nine Empowerment Zones and first 95 Enterprise Communities; and passed tax cuts for small businesses and research and development. Negotiated the Balanced Budget Agreement of 1997. In his 1997 State of the Union address, President Clinton announced his plan to balance the budget for the first time in 27 years. Later that year, he signed the Balanced Budget Act of 1997, a major bipartisan agreement to eliminate the national budget deficit, create the conditions for economic growth, and invest in the education and health of our people. It provided middle-class tax relief with a $500 per child tax credit and the Hope Scholarship and Lifetime Learning tax credits for college. It also created the Children's Health Insurance Program to serve up to 5 million children and made landmark investments in education initiatives including educational technology, charter schools, Head Start, and Pell Grants. Finally, it added 20 more Empowerment Zones and 20 more rural Enterprise Communities, included the President's plan to revitalize the District of Columbia, and continued welfare reform though $3 billion in new resources to move welfare recipients to private-sector jobs. Dedicated the Surplus to Save Social Security and Reduce the National Debt. In his 1998 and 1999 State of the Union addresses, President Clinton called on the nation to save the surplus until the solvency of Social Security is assured. He also repeatedly vetoed large Republican tax cut bills that would have jeopardized our nation's fiscal discipline. The President's actions led to a bipartisan consensus on saving the surplus and paying down the debt. Extended Medicare Solvency from 1999 to 2025. When President Clinton took office, Medicare was expected to become insolvent in 1999, then only six years away. The 1993 deficit reduction act dedicated some of the taxes paid by Social Security beneficiaries to the Medicare Trust Fund and extended the life of Medicare by three years to 2002. Thanks to additional provisions to combat waste, fraud and abuse and bipartisan cooperation in the 1997 balanced budget agreement, Medicare is now expected to remain solvent until 2025. Clinton-Gore Economic Policy Has Dramatically Improved the Economy

yep great stuff i was simply referring to the end

 

[struth]

How long have you been this full of shit?

what did i say that was incorrect?

 

[Batcat]

Not sure the country could survive Another scoundrel like Trump and DeSantis is a clone.

The country did rather well under Trump and Trump did not create COVID-19. He however developed 3 vaccines for COVID at warp speed.

This nation might not survive Joe Biden. Everything this fool touches turns to shit as he has the reverse Midas touch. Biden will likely get us into a nuclear war with Russia and NOBODY wins an all out nuclear war.

Even Democrats are afraid that WWIII Biden may Start a Nuclear War

Daily news from a Catholic perspective on issues relating to current events in the Catholic Church, world politics and pro-life issues.

www.thecatholicmonitor.com

Biden has firmly planted two feet into a Nuclear World War 3

Putin has 6257 nuclear weapons. Does anyone besides Biden and Blinken believe Putin is going to take a possible defeat silently? Op-ed.

www.israelnationalnews.com

 

[Flopper]

Biden was lying today about inflation. He said it was worse everyplace else and that is a blatant lie.

Why did he lie to the American people? Is it because he is just plain stupid or is he being dishonest to cover up for his failures?

He not only lied to the American people but he lied to the stupid Moon Bats that voted for him and then covered for stealing the election.

Biden falsely claims inflation 'worse everywhere but here,' but US rate higher than most developed countries

Biden claimed at Tuesday's AFL-CIO conference in Philadelphia that inflation is "worse everywhere but here," although the numbers tell a different story.

www.foxbusiness.com

Obviously he misspoke and meant most everywhere but here. Trump did this almost every time he opened his mouth. Remember Trump's false or misleading claims totaling 30573 over 4 years

"Look, the point is this: Under my plan for the economy, we’ve made extraordinary progress. And we put America in a position to tackle the wor- — worldwide problem that’s worse everywhere but here: inflation. It’s sapping the strength of a lot of families."

 

[struth]

Obviously he misspoke and meant most everywhere but here. Trump did this almost every time he opened his mouth. Remember Trump's false or misleading claims totaling 30573 over 4 years

"Look, the point is this: Under my plan for the economy, we’ve made extraordinary progress. And we put America in a position to tackle the wor- — worldwide problem that’s worse everywhere but here: inflation. It’s sapping the strength of a lot of families."

so how many false or misleading claims is this for xiden? and what does trump have to do with xiden doing it? remember when xiden has to bail out of running for president before because of all his lies and the fact that he plagerised his way through college? was that trumps fault too?

 

[beautress]

But there's no way to meet demand without moving into alternatives as fast as we can. Carter gets bad press, but we cut the hell outta oil consumption in his single term.

Carter was smarter than Biden. He lowered the speed limit to 55 mph that the auto industry said was where the motors got the best mileage. People who lived in that era frequently still drive 55 mph in 70 mile zones to keep their usage going more miles. It took engineering research to figure that one out. I don't know if automotive engine changes have improved gas mileage, but the lower limit likely saved lives and is still saving them for those who refuse to put the pedal to the metal and drive in the slow lane.