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Reply #13: The Republicans say the economy is good. But they've been saying that for seven straight years. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Perry Logan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-16-07 08:56 AM
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13. The Republicans say the economy is good. But they've been saying that for seven straight years.
Edited on Mon Jul-16-07 08:58 AM by Perry Logan
It's like "1984"--all the numbers are great, and have always been great.

Some stats:
Under Clinton we had the lowest poverty rate in 20 years: the poverty rate declined from 15.1 percent to 11.8 percent in 1999--the largest six-year drop in poverty in nearly 30 years

Under GWB: Since 1999 there's been a 22 percent increase in U.S. households in which there was hunger due to poverty during the year. --U.S. Department of Agriculture Economic Research Service

Corporate taxes have dropped 26%, while taxes for average Americans have increased 13%. In the 1950s, taxes from corporations made up 27% of the revenues of the federal government; today that number has dropped to less than 10%.

From 1979 until now, the richest 1% in the country have seen their wages increase by 150%, those of us in the bottom 20% are making $100 less per year (adjusted for inflation) than at the dawn of the Reagan era.

According to the General Accounting Office, those who earn less than $25,000 a year have seen their IRS audits double--while those earning over $100,000 have seen their audits drop by 25%.

2,365,000 jobs have been lost in the private sector since Bush took office (Bureau of Labor Statistics 1/10/03)

2.7 million jobs have been lost since Bush's first, $1.35 trillion tax cut in 2001.

;) Yea, we'll be sure not to mess any of this up when we take over.
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