I shall spend 5 good minutes going
over why, the village idiot is the worst
president in American history.
Economically
This president will go down as one of the worst
economic president in history.
Remember one fact here, it takes the creation of 150,000
jobs per month, for the economy to be considered going
forward. That is from economic 101 I took in college.
I got this from the bureau of labor statics,
from 1991 to 2000, employment status of the civilian
non-institutional population in the United States
grew 19’175’000 (19 million 175 thousand)
That works out per month to 177’916 jobs
created in those 9 years.
Since 2001 to 2006 (so far) the job creation
has been 7’396’000, which works out
to 112’060 thousand job created per month
since 2001. This represents a gain of only 1.5%
which means the job rate is what we normally get
during recession months, occurred just before a recession,
or were during the “jobless recovery” of 1992 and early 93
and that is over the last 50 years. Bushes so called “recovery”
is what we get during a recession.
It is not just the crummy job creation during the village
idiot years, real wages have fallen since August 2003
to June 2006, twenty cents.
In just about every single category, bush has
fallen below clinton in economic issues.
Clinton had a 236 billion surplus in 2000,
archives.cnn.com/2000/ALLPOLITIC … on.surplus
today bush has an 8 trillion dollar deficit,
the worst deficit in American and world history.
The ratio of of debt to GDP went down an average of 3.89%
during the Clinton years but has gone up an average of 0.94%
during bush years.
The number of full time to part time jobs
clinton created more full time jobs
village has created more part time jobs.
this implies that a greater share of workers have less
stable work with fewer benefits. under clinton, the ratio of
full time to part time work rose by 0.11 but has decreased
under bush by an annual rate of 1.67.
the next stat is jobs with good wages. During the clinton
years job growth was in jobs that were higher paying
jobs. The score for clinton was 4.70 jobs creation
with good pay. The score for bush is -1.0 which means
bush job creation was in the low end pay.
And in health insurance,
under clinton the share of american covered
by health insurance went up 0.12 annually.
under bush there has been a 0.55% decrease in Americans
with health care.
Per ca pita GDP. which means how much output there is each year
relative to the total population. Per capita GDP rose 2.42%
during clinton years, under bush 1.62%, this is mostly because
fewer people are working under bush.
Poverty reduction the number of americans below the poverty
line fell 2.29% annually during clinton, and rose under bush
4.33% annually in the bush years.
Home ownership rose in clinton years 1.94% during
clinton years, and only increased 0.37 during the bush
years.
ppionline.org/ndol/print.cfm … tid=252964
this is the economic failure. I shall get to other failures
later.
Kropotkin