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Comment: Re:Article ignores politican context (Score 1, Funny) 507

by Dexter Alan Ux (#18187658) Attached to: Canada Rejects Anti-Terror Laws
The economy under Clinton sucked. First of all, we were running a bugetary surplus, which means we were not increasing the national debt. Increasing the national debt is a good thing because that's usually accomplished by selling savings bonds, which people can buy as safe investment tools. Secondly, we had the lowest unemployment rate in 25 years. This means that I had to pay a premium for high quality American labor, thereby driving up my company's costs. To top it all off, a gallon of gas cost only 99 cents. How much margin is an American oil company supposed to be able to make on that? Bush, on the other hand, has helped curtail inflation by keeping stock market growth (DJIA) limited to an average of 2.8% per year over the past 6 years. In contrast, under Clinton, the Dow ran amok from roughly 3500 when he took office to approximately 10,600 when he left. That's an increase of almost 15% per year for eight years! By the time he got through with the economy, stocks were too expensive for the average person to buy!!

Too much of everything is just enough. -- Bob Wier

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