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Bill Clinton lead the Longest Economic Expansion in US History!

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Tim4319 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-04 01:29 PM
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Bill Clinton lead the Longest Economic Expansion in US History!
What is Sean Hannity alway preaching the GWB is responsible to the largest economic expansion in the last 20 years. Hannity is a "liar"!

-Snip-

In February 2000, the United States entered the 107th consecutive month of economic expansion -- the longest economic expansion in history.
22.2 million new jobs have been created since 1993, the most jobs ever created under a single Administration -- and more new jobs than Presidents Reagan and Bush created during their three terms. 91 percent (19.9 million) of the new jobs have been created in the private sector, the highest percentage in 50 years.
Unemployment is down from 7.5 percent in 1992 to 4.0 percent in June 2000, and in April the unemployment rate was the lowest in over 30 years. The unemployment rate has fallen for seven years in a row, and has remained below 5 percent for 34 months in a row.
The poverty rate has fallen from 15.1 percent in 1993 to 12.7 percent in 1998. That’s the lowest poverty rate since 1979 and the largest five-year drop in poverty in nearly 30 years.




http://www.issues2000.org/Celeb/Bill_Clinton_Budget_+_Economy.htm
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Don_G Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-04 01:31 PM
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1. This Says It All
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trotsky Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-04 01:31 PM
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2. Bartcop has insight on this.
Edited on Thu Jul-15-04 01:31 PM by trotsky
After you run the car into the ditch, getting it back on the road can be viewed as quite an accomplishment! This is exactly what Bush is getting "credit" for. He wrecked the economy and as it recovers, it has a lot of ground to make up.

He deserves no more credit for that than I do.
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truthspeaker Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-04 01:44 PM
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3. Great post! (But you mean "led", not "lead")
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Tim4319 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-15-04 01:46 PM
Response to Reply #3
4. Thanks for catching that.
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