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Your BEST economic times... during which Pres, which term?

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greencharlie Donating Member (827 posts) Send PM | Profile | Ignore Mon May-10-10 11:59 AM
Original message
Your BEST economic times... during which Pres, which term?
Edited on Mon May-10-10 12:01 PM by greencharlie
For me... term #2, Bill Clinton. Those were some gooood times...

My parents did well during Reagan term 2, when I was a teen they bought houses, cars... etc.
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Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:01 PM
Response to Original message
1. Honestly, Bush Jr's 1st.
Got the student loans paid off, Sweetie's business did well and I was hired by the county.
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Still Sensible Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 01:00 PM
Response to Reply #1
18. Me too. Nothing to do with shrub
just happened the company I was with took off and I had a bunch of stock options.
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:02 PM
Response to Original message
2. None of the above
Guess it's always been average times for my family...or at least, little variation due to the outside world. We have always eaten, had shelter and clothing, and usually appropriate medical care.
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Fire1 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:05 PM
Response to Original message
3. William Jefferson Clinton!! BOTH terms!!! n/t
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greencharlie Donating Member (827 posts) Send PM | Profile | Ignore Mon May-10-10 12:05 PM
Response to Reply #3
4. the 90's were nice... really nice.
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:06 PM
Response to Original message
5. My best economic times are coming this summer...our expenses will be lower considerably,
and our modest retirement income will have much more squandering potential, something I dearly love and look forward to.
(I will buy a lot of US made products and services and thus employ Good American Workers!)



mark
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greencharlie Donating Member (827 posts) Send PM | Profile | Ignore Mon May-10-10 12:13 PM
Response to Reply #5
7. wow... lucky you.
Inflation... slow business climate... credit squeeze... tough times for others.
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:47 PM
Response to Reply #7
15. Retired about 3 years ago, put money into money markets and out of stocks -
still have some left. Retired at 59 after 2 heart attacks' pace maker and staff infection near my heart from the hospital - lucky just to be around at all.
Wife has been on disability with severe back problems and HepC for over 10 years...she has had both knees and a shoulder replcaced but there is nothing to do for the spine and neck but take pain meds. Her first liver doc said whe would die - 6 years ago...she has been in hepatic comas 5 times and recovered.

Don't envy us TOO much...

mark
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 05:07 PM
Response to Reply #15
24. Sorry, Charlie - you seemed to want whining about hard times -
I'm just telling you the truth. Some people have been doing very well over the last several years - we have been holding our own while getting more debt free, so have the same income but less debt.

mark
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:07 PM
Response to Original message
6. LBJ
I had a series of low paid, dead end jobs. BUT I was able to afford my own apartment, drive a jalopy, not dress in rags, and eat a good diet.

It's been downhill since 1969.
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Dappleganger Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:14 PM
Response to Original message
8. When I still lived at home with my parents...
worked two jobs and could do whatever with it.

After that, it was downhill all the way.
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harun Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:16 PM
Response to Original message
9. Clinton, the whole time.
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ipaint Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:22 PM
Response to Original message
10. 2 years during the run up of the housing bubble during Bush 2's term.
People were buying tons of my art to decorate their overpriced homes using their atm/equity money. Other than that it has been one long moderate to severe recession punctuated by depressions since the late 70's.
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jpljr77 Donating Member (580 posts) Send PM | Profile | Ignore Mon May-10-10 12:28 PM
Response to Original message
11. No to be too insensitive, but Obama's first term has been good for us so far.
Of course, the wife and I are pretty young, so we're climbing upward, career-wise. And we both have careers that have not been impacted (yet) by the recession.

Don't know if it will last, but the past 18 months have been pretty good to us.
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ceile Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:28 PM
Response to Original message
12. Clinton term 2
I was finishing up college and able to make ends meet on $10 an hour. Had my own apartment, could buy clothes whenever I wanted, always an extra $20 or so to go out with friends....
Now I live in a two income household, yet we're always broke. Can't remember the last time I went to buy cute shoes (at Payless)....
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Speck Tater Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:42 PM
Response to Original message
13. Ronald Reagan's first term. Sorry. It is what it is. nt
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NeedleCast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:43 PM
Response to Original message
14. My best economic times came under Bush 2.0
I was just starting my professional career outside the military though so he doesn't really get any credit for it.
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4lbs Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:50 PM
Response to Original message
16. During Clinton's second term as well.
Edited on Mon May-10-10 12:50 PM by 4lbs
However, I'm starting to do better now that the economy is improving under Obama's first term.

I estimate by the end of Obama's second term, it will be my best 8 years.


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sabbat hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 12:51 PM
Response to Original message
17. my best and worse
times were both under shrub. Lost my job in august 2001, was unemployed until march 2002. Found current, much better paying job in October 2004.

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NM_hemilover Donating Member (381 posts) Send PM | Profile | Ignore Mon May-10-10 01:08 PM
Response to Original message
19. I've been working construction for about 16 + years

Got my promotion to Project Manager 8-9 years ago, and have made more money every year, than the year before, better bonuses also.

I am truly blessed to work for the firm I do. Regardless of the presidency, our firm course corrects to be in a position to take advantage of the markets that are going to be, not "what is". Green construction practices in the commercial/industrial arena are VERY expensive and still without much competent competition here in NM. We blew our money a few years back learning the mistakes while construction was an all you can eat buffet (here in NM), now as times a pretty lean we are one of very few GC's that can operate large scale Leeds projects, we can get top dollar, and make top shelf profit in a land mine construction market.

regardless who is President, people and the wagon's they hitch themselves to, can be profitable, ........or not.

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Silent3 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 01:10 PM
Response to Original message
20. Right now with Obama...
...although I did well myself through the Bush years too. (The woman I now live with was better off, individually speaking, during the early Clinton years.)

On paper, I've suffered losses from my 401(k) and from the value of our house (I contracted to have the house built just before the market crash, so, with the price locked in when I signed the contract, I was definitely paying a bit over market value when the house was finished) to the tune of a few tens of thousands of dollars. Even taking those losses into account, however, it's not like I was ever in a better position before now or before Bush.

I've still got plenty of equity in our nice new house, a decent amount in my 401(k), enough money in savings to live on for over a year, fairly comfortably, if I were to lose my job, a good paying job that I'm not likely to lose because the particular division of the company I work for is doing very, VERY well (the company as a whole is at least holding ground), and my biggest budget concern is not how to pay the bills, but how quickly I can save more and pay off the remaining mortgage faster.
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mitchum Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 01:10 PM
Response to Original message
21. LBJ...of course, I was only 3-8 at the time, but LBJ's domestic policies allowed my parents...
to make a huuuuuge economic leap.
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The_Commonist Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 01:14 PM
Response to Original message
22. I went into the fulltime workforce...
...a couple of months before Reagan was elected the first time.
Best economic times for me?
The Clinton years, particularly his second term.
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sinkingfeeling Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 01:30 PM
Response to Original message
23. Bill Clinton, both terms.
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WinkyDink Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 05:13 PM
Response to Original message
25. Carter. Interest on Certificates of Dep. was sky-high.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-10 05:57 PM
Response to Original message
26. Nixon - I almost said Clinton, then I took inflation into consideration
And I realized I was a lot better off economically back when Nixon was President than I ever would be later. During the Clinton years all I did was amass debt in a sense - I owed more at the end of the decade than I did when it began and in truth I wasn't making any more money.
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