Friday, July 8, 2011

Conservatives and Short Term Memory Loss (are they all a bunch of stoners?)

July 8, 2011, National Journal, Ronald Brownstein

During Bill Clinton’s two terms as president, the median family income increased by 14 percent, the number of Americans in poverty declined by nearly 17 percent, and the number of children in poverty fell by almost one-fourth.

Since he left office in 2001, the median income has declined by 5 percent, or more than $2,500. The number of Americans in poverty has increased by 38 percent, or about 12 million. The number of children in poverty has spiked by one-third, or nearly 4 million. Few decades in American history have produced such economic losses.

The Clinton-era gains derived, above all, from a dynamic labor market that produced nearly 23 million new jobs from February 1993 to February 2001. Conversely, the stagnation of America’s lost decade since then is rooted in a breakdown of job growth: Incredibly, nearly 1.5 million fewer Americans are working today than in the first full month after Clinton left office. The Great Recession that followed the financial meltdown of 2008 vastly compounded the problem but didn’t create it. Even while the economy grew from 2001 through 2007, it produced, on average, only about half as many jobs annually as it did during the 1990s.

____________________




Clinton was the man, I don't give a rat's ass if he lied about fucking an unattractive chick: it had nothing to do with how he did his job. The job of President is not to be a guiding light of perfect morals, it's to lead a country. The 90's were great, I had a bright outlook on the future, my career was going upward, and everyone was in a groovy mood. Then we allowed Bush / Cheney (Satan himself?) to steal / rig a Presidential election and the rest as they say, is history.

Our current predicament is NOT from the whopping 2.5 years Obama has been our (landslide elected) President. He inherited a record deficit, 2 wars and a fucked up economy, but he get's the blame for it. Talk about short term memory loss or selective memory, how ever you call it

Forward this to all your conservative friends to help refresh their memory a little bit. Or maybe it's too late and they all have Alzheimer's already.....

1 comment: