Re: Political stuff

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Take a look at this site for info on the Dow Jones averages.   http://averages.dowjones.com/home.html   Here they say such things as; "In the decade since it began -- on Oct. 11, 1990, by the reckoning of many  stock-market gurus -- the total value of all U.S. stocks has soared to $15 trillion from $3 trillion. Investors' appetite for stock has become so voracious that, despite the market's black eye this year, they have bought a record $72.3 billion in new stock  issues this year, compared with a trifling $4.5 billion in 1990. Today, for the first time ever, half of all American households own stock, compared with just one-third of  households in 1989".

While the natioal debt increased a whoping $4,383,000,000 from 1981 to 1993 (the Reagan Bush years), the increase from 1993 to 2001 was $1,263,000,000.  In the last fiscal year, the national debt has actually been reduced by a little over $100 Billion.   See this site for more info - http://www.publicdebt.treas.gov/opd/opdpenny.htm

I think the country will continue to enjoy performance like this--made possible by a Democratic President balanced by a Congress that has a very small Republican majority.  I personally like this balance and believe it is good for the country.   I believe you would find that NO Congressional representatives, or Senators, back the Bush tax reduction plan.  It is entirely too agreessive and we need to continue to pay down the national debt IF we are to stimulate the economy.    This is one reason that Al Gore won the popular vote and one reason that he is currently only 8 electoral votes shy of winning the electoral college vote.  Not because Al is that great of a candidate, but because the country likes having a Democrat in the President's office to help balance out the Congress.  The Gore plan was to pay off the national debt by 2012.  The Bush plan had no projected date.   Why?  Because he would rather give the money back to us so that we could go blow it on pizza...

One exciting part apart this conversation is that it will all be over by this time next week.  Then Viva la Hosta!!!

Andrew L.
 

Beth Arnold wrote:

I think you'll find a near doubling of total valuation of the DOW in the eight years under President Clinton  Sorry, you will never convince me that Clinton had anything to do with the doubling of the DOW.  This Clinton/Gore Administration also had nothing to do with the economy either.  Anyone and everyone should know that the economy has to do with the businesses and the people in this country, not any president.  A tax cut puts more money back into the pockets of the people to spend which makes business better.  The largest tax increase on the people in history came at the hands of the Clinton/Gore Adm. in 1992 or 1993, my memory on the year eludes me at the moment.  This is where the surplus came from and this was part of the plan.  People have short memories. I think you'll find a near doubling of total valuation of the DOW in the eight years under President Clinton THis has stuck in my brain and I must admit it does sound good but I must see if I can find more statistics pertaining to this matter. What and how many sources do you use for your information?Beth Arnold
Peoria Illinois  Zone 5

----- Original Message -----

From:a*@hostahaven.com

To: hosta-open@mallorn.com

Sent: Wednesday, November 15, 2000 10:41 AM

Subject: Re: Political stuff

 Hello again, Beth,
Wall Street seemed to love our having a Democrat for President with a slim majority of Republicans in Congress--I think you'll find a near doubling of total valuation of the DOW in the eight years under President Clinton.  I am MUCH more in favor of moderate deadlock than I am of letting EITHER side have control of both branches, simultaneously.  Under Reagan, our national debt went from 1 Trillion to close to 5 trillion, as I recall (if someone wants to point me to more accurate statistics, I'm all for it).  If the last eight years were given credit for nothing else (and the credit MUST go to both branches of the government), returning us to fiscal sanity and a budget surplus is worth some serious accolades.   I believe a bunch of the credit for a reduction of nearly 350,000 federal jobs needs to go to President Clinton and the Whitehouse Administration.  Wasn't it he that came to the Whitehouse and laid off a whole slew of folks in order to increase efficiency?  I do believe he was the first President in decades to have done so.

If it hadn't been for Kenneth Starr and that Goldxxxx woman wanting to tell me about private matters that I personally did not believe I needed to know about, I believe he would have had a pretty stellar performance.  Now, unfortunately, I know more about his personal sex life than I ever cared to know.  Certainly, if this had occurred to be, the public airing of my personal life, I would have been seeking asyllum in another country where the gestapo tactics of the Kenneth Starr team who have been quashed a long time before that squad got so out of control.   Watch the C-Span tapes on the House Hearing if you don't believe that we were being moved toward a gestapo type of political climate.   That vote for impeachment was 100% down party lines, even when it didn't make sense to pursue, as President Ford had told the House leadership at the onset.

I find it hard to believe that you don't see the longest sustained period of economic growth since we started keeping records as somewhat of an accomplishment...

Now, about those Hostas!

Andrew L.
 

Beth Arnold wrote:

<< Eight years of nothing actually gained,
 with everyone else getting the blame for Democrat failers, >>

Of course the Republican-controlled Congress had absolutely nothing to do
with this.  Right?

When a president continually threatens to veto everything sent to him for a
signature unless there is something in it for him is the reason I see why
nothing got done.  He is now threatening to veto the budget if he doesn't
get his way on lawbreaking illegal immigrants.  His provision only gives the
lawbreakers rights to live in America as citizens and not the ones who are
here lawfully.  Everyone is scratching their head over this one.
Beth Arnold
Peoria Illinois  Zone 5

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-- 
Andrew Lietzow, Plantsman            http://hostahaven.com
HostaHaven.com                       a*@hostahaven.com1250 41st Street                     515-274-0300 voice
Des Moines, IA 50311-2516

 

-- 
Andrew Lietzow, Plantsman            http://hostahaven.com
HostaHaven.com                       a*@hostahaven.com
1250 41st Street                     515-274-0300 voice
Des Moines, IA 50311-2516