Our server costs ~$56 per month to run. Please consider donating or becoming a Patron to help keep the site running. Help us gain new members by following us on Twitter and liking our page on Facebook!
Current time: July 22, 2025, 10:54 am

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Time To Stop Wasting Everyone's Time, Bernie
RE: Time To Stop Wasting Everyone's Time, Bernie
(May 29, 2016 at 4:42 am)downbeatplumb Wrote: From Wikipedia.

https://en.wikipedia.org/wiki/Economic_p...ll_Clinton

Quote:President Clinton oversaw a period of considerable economic growth and expansion during his tenure. In particular, real GDP per capita increased from about $38,000 in 1994 to about $45,000 in 2001 (in real 2011 dollars).[1] The U.S. national debt as a percent of GDP also declined from about 66% to about 56% during Clinton's government.

Quote:[The easiest way to look at the macroeconomic effects of Clinton’s presidency is to look at three main points: gross domestic product (GDP), inflation rates, and unemployment rates.

The national debt per capita rose from approximately $16,000 to $20,000 during Bill Clinton's presidency.[14] Clinton took the deficit of 4.7% of GDP in 1992 and turned it into a surplus of 2.4% of GDP in 2000[citation needed]. Federal spending fell to 18.4 percent of GDP. in 2000 from 22.2 percent in 1992[citation needed]. Although Clinton raised taxes in 1993, he cut them in 1997[citation needed].

Clinton also lowered inflation rates down to 2.3%[citation needed]. HOW DOES A PRESIDENT DO THIS? Democratic presidents had an average of about double that rate, and Republicans had even higher rates (Burns and Taylor 389). This lowering of interest rates contributed greatly to the good economic health exhibited during Clinton’s presidency.

The unemployment rate in the Unites States when Clinton was sworn into office was 6.9%. The lowest unemployment rate during his presidency was 4% in the year 2000. When he was sworn out of office in 2001, the unemployment rate was 4.7%.[15] More jobs were created per month during the Clinton presidency than during any other presidency in U.S. history.

So I got the facts from there.

Nowhere in there does it say that he reduced the debt by 10%.
[Image: dcep7c.jpg]
Reply



Messages In This Thread
RE: Time To Stop Wasting Everyone's Time, Bernie - by c172 - April 26, 2016 at 11:59 pm
RE: Time To Stop Wasting Everyone's Time, Bernie - by Heat - April 27, 2016 at 12:47 am
RE: Time To Stop Wasting Everyone's Time, Bernie - by Heat - April 27, 2016 at 12:42 am
RE: Time To Stop Wasting Everyone's Time, Bernie - by Heat - April 29, 2016 at 11:08 pm
RE: Time To Stop Wasting Everyone's Time, Bernie - by Heat - April 29, 2016 at 11:20 pm
RE: Time To Stop Wasting Everyone's Time, Bernie - by CapnAwesome - May 29, 2016 at 11:23 am

Possibly Related Threads...
Thread Author Replies Views Last Post
  Black People - Stop Blaming Racism, Take Responsibility Napoléon 227 38840 March 18, 2022 at 4:21 am
Last Post: arewethereyet
  Hit Pieces on Bernie Sanders Are Somehow DUMBER This Time Around Cepheus Ace 9 1939 February 23, 2019 at 12:28 pm
Last Post: Yonadav
  Stop Re litigating 2016 liberals /OP ED. Brian37 66 9154 February 21, 2019 at 7:59 am
Last Post: DLJ
  Stop trying to reason with Trump supporters GODZILLA 21 3708 January 20, 2019 at 7:21 pm
Last Post: Pat Mustard
  Bernie Sanders' "Medicare for All" plan is really expensive over a 10-year period.... Aegon 40 6880 September 22, 2018 at 7:35 pm
Last Post: bennyboy
  Norway is not a democratic socialist country. Bernie is lying KaiBerg02 51 8480 July 31, 2018 at 7:45 am
Last Post: The Industrial Atheist
  The Fucking Orange Shitgibbon Can't Stop Talking ABout Himself Minimalist 3 886 May 28, 2018 at 4:59 pm
Last Post: Edwardo Piet
  Bernie Sanders vs. Karl Marx Mechaghostman2 4 2366 September 1, 2017 at 7:05 pm
Last Post: Brian37
  Bernie Has A Plan Minimalist 16 5525 July 11, 2017 at 7:41 pm
Last Post: Minimalist
  Both Bernie and Hillary supporters pissing me off. Brian37 44 18128 June 24, 2017 at 4:50 pm
Last Post: NuclearEnergy



Users browsing this thread: 1 Guest(s)