Sorry Barack, The Recession Is On Hold…
Barack is talking a lot about the economy, but he is not using facts. It only serves Obama to make sure everyone believes that everyone is doing terribly.
You won’t hear this in Denver this tonight…
Bush unemployment numbers continue to best the Clinton Years:
And, it looks like the recession is once again on hold.
The economy grew by a very respectable 3.3% in the second quarter of this year.
Yahoo Finance reported:
The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home.
The Commerce Department reported Thursday that gross domestic product, or GDP, increased at a 3.3 percent annual rate in the April-June quarter. The revised reading was much better than the government’s initial estimate of a 1.9 percent pace and exceeded economists’ expectations for a 2.7 percent growth rate.
Also, according to the US Census Bureau, the poverty rate today continues to remain below those Clinton years:
The average poverty rate for all Americans for the first seven years of the Reagan terms was 14.2%. For the first seven years of Bill Clinton’s terms, it was 13.6%. Under George Bush, the average poverty rate for 2001-2007 is 12.4%.
Bubba didn’t mention this in his speech here in Denver last night.
More… David Harsanyi explained today why it’s no wonder Dems didn’t want former President Bill Clinton to speak on the economy this week. The growth during the Clinton years was due to free market capitalism and not populism, or isolationism.
A Cure for What Ails You…Ronald Reagan, July 1980
Ronald Reagan is an authentic American hero. His bedrock conservative philosophy, his determination to keep America as a Shining City on a Hill, and his genuine love of the United States of America are unmatched in today’s generation of American politicians. For anyone worn out from the pretension in Denver, just watch Reagan, and it will remind you why you care about politics in America.
Watching the charade in Denver this week makes me nostalgic for those glorious Reagan years. I would much rather watch a re-run of Ronald Reagan than watch any live moments of the disingenuous, elitist Barack Obama.
Hot Air, Michelle Malkin, Olbermann Watch, The Conservative Reader, Invincible Armor, MsUnderestimated, Stop the ACLU. Gateway Pundit,
Gore is Still a Sore-Loserman
Al Gore says that Obama=Lincoln…
I missed seeing Al Gore speak tonight aty Mile High Stadium. However, in reading some of his remarks, I have found that Gore is still bitter about 2000, and still trying to re-write history about that election that he tried to steal. Gore lies about several items including the state of the economy in late 2000-2001, and totally misrepresents almost every policy issue he attempts to address. Poor All Gore, he just won’t ever get over his loss in November 2000. He is also a lot like Bill Clinton…it’s all about All Gore.
DENVER, Colorado — Former Vice President Al Gore started his speech tonight by talking about how the world would be different had he ended up in the White House in 2000.
“Eight years ago, some said there was not much difference between the nominees of the two major parties and it didn’t really matter who became president,” Gore said. “Our nation was enjoying peace and prosperity. Some assumed we would continue both, no matter the outcome. But here we all are in 2008, and I doubt anyone would argue now that election didn’t matter.
“Take it from me,” Gore continued,” if it had ended differently, we would not be bogged down in Iraq, we would have pursued bin Laden until we captured him. We would not be facing a self-inflicted economic crisis; we would be fighting for middle-income families. We would not be showing contempt for the Constitution; we’d be protecting the rights of every American, regardless of race, religion, disability, gender or sexual orientation. And we would not be denying the climate crisis; we’d be solving it.” Read more »
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