The current unemployment rate of 5.4% is less then the rate of 6.2% in 1996 when Bill Clinton boasted about it in his re-election campaign
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The current unemployment rate of 5.4% is less then the rate of 6.2% in 1996 when Bill Clinton boasted about it in his re-election campaign.
yah, and that was good considering what it was when clinton first got into office because of what bush's dad made it, uneployment rate has went UP after clinton got out of office.
The inflation rate of 1.9% is lower then the rate of 2.6% in 1996.
uhhhh, 1996? why compare it that far back. do you have the one republican professor in the world???!?
Current mortgage rates are 5.86%. Lower then 7.81% in 1996. Also a higher percentage of americans own homes now then at any time in the past.
This is what greenspan does to try and stimulate the ecconomy. a high morgage rate means the economy is doing good...
Im just comparing the current situation to 1996, because in 1996 nobody complained about how horrible the economy was. In fact it was thought to be pretty good at that time. It did get even better in the years after 1996 no doubt, but im just attempting to show that even in the booming 90's we were really no better off then we are today but for a few short years at the end of the decade. Like I said, the economy is not that bad guys, cheer up.
but it went down. from 1992 to 2000 the economy and general welfare of the people skyrocketed, from 2000-2004, unemployment went up, the amount of people considered living in extreme poverty went way up, we have resorted to a 20th centery imperilism in the middle east, and disregarded all advice from the united nations (which do help remind me, who set it up). it may not be a horrible situation currently, but it is worse than before.
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The current unemployment rate of 5.4% is less then the rate of 6.2% in 1996 when Bill Clinton boasted about it in his re-election campaign.
yah, and that was good considering what it was when clinton first got into office because of what bush's dad made it, uneployment rate has went UP after clinton got out of office.
The inflation rate of 1.9% is lower then the rate of 2.6% in 1996.
uhhhh, 1996? why compare it that far back. do you have the one republican professor in the world???!?
Current mortgage rates are 5.86%. Lower then 7.81% in 1996. Also a higher percentage of americans own homes now then at any time in the past.
This is what greenspan does to try and stimulate the ecconomy. a high morgage rate means the economy is doing good...
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