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Posted to rec.crafts.metalworking,alt.machines.cnc,alt.home.repair
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10 cheapest BEST cities to live.... and to run a mfr'g bidniss??
"Allen Drake" wrote in message
...
On Fri, 21 Oct 2011 19:25:09 -0700, "PrecisionmachinisT"
wrote:
"Allen Drake" wrote in message
. ..
On Wed, 19 Oct 2011 06:16:03 -0700 (PDT), "
wrote:
On Oct 19, 3:55 am, Allen Drake wrote:
If you really paid attention you would already know. There is loife
without FOX.
According to Florida congresswoman Debbie Wasserman Schultz, President
Obama is on pace to create more jobs in 2010 than President Bush did
in his eight years of office.
"A republican President has never , never left the office with a
blanced Budget or a surplus.... Never "
I do not watch Fox. And do not pay any attention to economic news on
TV. Some of the newpapers are much better for in depth stories on the
economy.
As far as Debbie Schultz..........I hardly consider the Chair of the
Democratic National Committee to be a balanced source of news. Do you
really think I am stupid enough to believe any congress person is an
unbiased source of economic news?
Dan
I expect you will believe whatever you want to believe plain and
simple. If you blame the current administration for where the US is
now and not the ones that really are to blame then that has because
you are simply a fool.
http://www.gpoaccess.gov/usbudget/fy11/pdf/hist.pdf
"The traditional pattern of running large
deficits only in times of war or economic
downturns was broken during much of the
1980s. In 1982, large permanent tax cuts
were enacted. Moreover, these were accompanied
by substantial increases in defense
spending. Although reductions
were made
to nondefense spending, they were not of
sufficient size to offset the impact on the
deficit. As a result, deficits averaging $206
billion were incurred between 1983 and
1992. These unprecedented peacetime deficits
increased debt held by the public from
$789 billion in 1981 to $3.0 trillion (48.1
Reagan.
percent of GDP) in 1992.
After peaking at $290 billion in 1992,
deficits declined each year, dropping to a
level of $22 billion in 1997. In 1998, the
Nation recorded its first budget surplus
($69.3 billion) since 1969. As a percent of
GDP, the budget bottom line went from a
deficit of 4.7 percent in 1992 to a surplus
Clinton
of 0.8 percent in 1998, increasing to a 2.4
percent surplus in 2000."
Thank you.
Your welcome
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