Republicans think Forced Inflation is a booming Economy, Should Clinton bring his charts out again?
493617
Many followed Hitler blindly to their death. I never buy into the Propaganda machine TV news. Most working class people are no better now then when Hisbushyness was appointed by the Bias high court to his position of power. Any tax cut for average working people has been eaten alive by State and local taxes that have all went up under Republicans.  All tax cuts are also being eaten by higher fuel cost's. Most Americans will tell you that is fact. \nNow we have more Debt and bigger Government under Republicans, we also have over 2400 of Americas best dead and over 15,000 wounded because of Republicans that say yes to his Bushyness's every word.
864662
It will affect it very positively, over the long haul, provided the dems get their agenda pushed through at some point. Here is why; basic economics.\n\nFirst off, here is a fact; Despite the "pro-business" mantra of most republican administrations and congresses, and most corporations supporting republican candidates for this reason, the stock market actually does better on an annualized basis under a democratic president or congress.\n\nSecond; the war has been the most obscenely needless expense in the last 30 years. The republicans that were in control seemingly forgot one of the most important republican issue, and THE most important non-morality-issue Republicans stand for. Its the basis of the existence of the party; "Smaller government and lower spending." With the US going the way of Orwell's 1984, suddenly the Democrats were the more fiscally responsible choice to make for people who vote with financial reasoning in mind.\n\nLast; odds are good that the dollar will increase in value against foreign currencies  going forward, as people who have been betting in the dollars continued fall against the world basket of currencies because of bad fiscal policy and continued printing of useless fiat currency to finance the war, will likely cover their bets, bringing some value back as people grow more positive the reckless spending will stop. See, to finance the war, the government has been printing money as if that has no effect on the value of our currency, and they do this in the form of debt, (not actual "printing" of hard currency, but for the sake of argument, we'll call it "printing") effectively decreasing the value of a dollar for every dollar they "print". As the perception grows that the war will end sooner rather then later, and the Dems will reign in reckless spending and, even if necessary raise taxes to ensure we stop borrowing from ourselves, the value of the dollar will increase, as there will be less and less of them for every dollar that gets paid off, even if its just on paper.\n\nAnd because of market speculation, this will begin to happen well before any change in policy actually occurs. \n\nFinally, because of the increasing value of the dollar, it will be able to purchase more on the world market, bringing down commodity prices for oil, gold, and anythign else we buy from other countries to keep our country running. Cheaper commodities means more money in consumer and coproate pockets, which means more spending, and more purchasing, and less consumer debt, which in turn causes more wealth creation. A dollar can be spend a hundred times and taxed a hundred times, and still be a dollar. But that dollar brought in more revenue the more it was spendt. More revenue = stronger nation = better economy overall. Plus, if history holds true, people's retirement and investment portfolios will see better increases, creating more wealth and a better standard of living for retirees, as well.\n\n\n********Edited: On a side note, I must say I'm surprised that somebody gave my answer a thumbs down *and probably more to come now) --- y answer is derived from *actual* facts and historical data, along with a knowledgable explanation which, whether you like it or not, is not an outcome I predicted because I hate republicans, or love democrats, or both, (as those are all not true, I hate the concept of the political party altogether,) but rather assembled using an understanding of macroeconomic policy, with at least enough education behind my answer to explain why in the grand scheme of things, this change is more likely to be good then bad. You people are so partisan it absolutely makes me vomit.
954190
I think if that happens, we will have Republican Presidents from 2012 until 2048, maybe longer.  But I know a lot of rich people who miss the Carter years, T-Bills were paying 20% and mortgage rates were 16%.  Great if you have money to invest.
601748
It's stocks and big business, weapons manufacturers, Oil Companies, forced inflation. You see it's a lot easier to make more money by raising the prices up then hiring more people to increase your production. You have done nothing but raise the price and collect the money. That is what the Republicans are about. War is is they don't serve in the military, and fight the wars, they just profit from the outcomes of the wars like George Bush, and Cheney have. People mean nothing to them and their people will never be in harms way. George Bush wont even go to Iraq, He sent Tony Blair last week, He is a sissy.
861005
Most of those facts are incorrect. \n\nOil prices up until two months ago were the highest since the mid 1980s (relative to the dollar value). The price drop pre-election has already started to reverse, by +10cents in the past two days.\n\nSure, taxes are lower. But deficit spending has been at an all-time high, and the federal national debt has more than doubled in the past 6 years alone. In other words, we're gotten more in debt since Bush took office than in the past century before that.\n\nInflation is maintaining roughly the same rate as the past 15 years.\n\nYes, home values are double what they were five years ago. Which means that half as many people can afford to buy a house.\n\nForeign terrorist attacks on US soil occur on average every 7-9 years. So, the current regime doesn't get any credit for not blowing that by having one occur sooner.
1095731
No! At least on the Depression, the main worry of economists currently is that the growth in the US economy is so substantial that the value of our money is increasing, so the Fed is raising interest rates to hurt the economy and to devalue the dollar so that the dollar doesn't increase in value, which could lead to a small drop in the long term value of the dollar. Which is why we don't need the Fed, who should have to ride in short buses instead of limos.
1116586
If higher interest rates contribute to inflation then the Federal Reserve so have it wrong!!\n\nMost inflation is believed to come from an over active economy with too much money chasing too few goods. By  raising the cost of borrowing money, it reduces the amount of money people have to spend on more stuff. That slows down the economy. \n\nMost businesses don't rely on borrowed money to stay in business. They typically used borrowed money to expand their business or acquire other businesses.
779344
This is indeed a "booming economy".  I have heard the people of Haliburton say it a number of times.  Seriously, I am tired of people trying force feed us that the economy is doing so great.  It is not.  There are a number of problems with it.  Here are just a few.\n\n\n a one trillion dollar war\nout of control spending in government\nrecord numbers of foreclosures\ncollege tuition and health care costs doubling\n20% of Americans owning 80% of the stock\nrecord deficits in spending\nnational debt doubling\ntrade deficit every year for the past 30 years\nmillions more in poverty every year\nhalf a trillion dollars a year spent on interest this year on \nnational debt. yes, that was just the interest.\n"real income" down each of the last five years\npersonal savings at an all time low\n\n This doesn't sound like America.  Unfortunately it is.
1142058
Bush has nothing to really do with the economy as it is today....try looking at the Media's scare tactics....a bad report from Ted Tunners monkeys and the stock market goes down.\n Clinton is the gulity one..he gave our trade to China,who hates us & has one of our deep water ports under their control and he also gave them the Suez Canal....
568181
Why did you vote for a Republican that used triple digit inflation as a tax? So think about what your saying, $300.00 dollars in a tax break, was given back to them in a week. All of that theory is a joke, for people that pay their own way in this world.
959947
The republicans aren't going to blame the demo's for it, the republicans and the people will cause they will be the cause of it. Right now are economy is in better shape than it has been since 2003 and getting better. Until the demos take over.
927266
If the republicans would have won (7 Nov 06), I could safely say his would be a failed presidency; based on a failed neo-con ideology of preemption war, total environmental degradation, and that both fuel the economy (or at least make rich white guys richer). The next two years could prove positive for him if he works with the moderates. The only problem is, he has put us so far in debt, there is no monies left to work on any sustainable economic paradigms.
823581
Rich people are enjoying the relative good economy but the middle class is getting squeezed.  for conservatives the economy is nothing to crow about.  \n\nThe nation's gross domestic product, the value of all goods and services produced, expanded at a sluggish 1.6 percent annual rate in the third quarter, down from a moderate 2.6 percent pace in the second quarter,\n\nsoaring energy prices, rising interest rates and plunging home construction and sales.\n\nCongress has raised its own pay 10 times while the minimum wage stayed the same.\n\nAlthough the unemployment rate is very good, the nation needs 150,000 new jobs a month just to keep up with population growth.\n\nAnd please don't give Bush credit for the nice stock market.  The market is rising mainly because oil prices are dropping and the Fed has eased up.  \n\nBush failed to do his homework before the iraq war and it's costing us and more importantly innocent iraqis.  everyone tends to forget about them.  we've had poor leadership in the bush white house and i'm a disappointed american.
547853
Nope!\n\nUSA has a free economy.  There is a Federal Reserve Board with 13 presidents and a Chairman (the chairman used to be Alan Greenspan.  Now it is Bernackey).  It is their job to manipulate the money supply.  They raise and lower interest rates.  This is called Monetary policy. The president of the U.S. and Congress raise and lower taxes and this is called Fiscal policy. Together Monetary policy and fiscal policy get the economy moving faster or slower.  If taxes are high and interest rates are high, not as many people can afford to buy houses or borrow money and this slows economy down.  Bernacky would in this case, cut interest rates and then a house payment would be $500 not $575 for example.  More people could afford smaller house payment so they would buy house causing demand for more houses and demand for more wood and concrete...\n\nThere is not enough Gold in the world to back up all the dollars and euroes.  NYC's Trash Department has a budget bigger than some small countries.  USA's economy is HUGE.  China has bought billions of our dollars when they buy our U.S. Treasury bonds.  When Bernacky raises interest rates, he is also raising the amount of interest USA pays on U.S. Treasury bills.
1130342
The U.S. economy has been climbing since the 9-11 incident. The interest rates are rising again so it is apparent that the government is trying to slow down spending. This is to help prevent inflation and gets some good money into Uncle Sam's pocket. The economy will continue on it's current course so long as people keep spending. That's the fuel that runs the engine, it's not the money but the actual trasaction of the money from one person to another.
577838
No less, either.  Walmart, Alltel, and Tyson boomed.\n\n[ADDED] Hey, Pencilnbrush! Do your research.  Eat this:\n\nArkansas vote breakdown---\n- 1992:  Clinton, 53.21%; Bush, 35.48%; Perot, 10.43%\n- 1996:  Clinton, 53.74%; Dole, 36.80%; Perot,  7.90%\n\nNot only did Clinton WIN ARKANSAS BOTH TIMES, but his margin of victory EXCEEDED PEROT'S VOTE PERCENTAGE.\n\nTruth hurts when all you can do is twist it, doesn't it?
1037440
No telling who the front running candidates are, too soon to tell.\n\nYou're claim that the economy is "so good" that your roomie bought a truck on credit. You mean he *had* to buy a truck on credit because he has *no* job. \n\nIn fact the economy is sooo great, decent, educated, Americans are losing their jobs to 3rd world countries. \n\nThe economy is so great, interest rates, the cost of living, the cost of gasoline, the cost of goods, has sky rocketed, while wages have stayed the same or gotten smaller.\n\nYeah, terrific, thanks. Mean while I'm actually paying *more* in taxes so the rich can enjoy a tax cut. Outstanding!\n\nAnyway, just FYI, cause I can see you really haven't thought this all the way through ... Just because Dubya isn't running for president doesn't mean presidential candidates cannot point to the failed policies of the Bush Administration and link them to the GOP candidates who still support Bush. \n\nAlso note that a lot of conservative have distanced themselves from President Bush, only a handful still support him.\n\nI wonder why that is? Could it be that Dubya has screwed the pooch? Could it be that his policies have ... oh, what's the word? Damn my liberal public education. Oh! I know - FAILED.\n\n____\nTo the idiot who posted this question ... Your buddy's job proves *absolutely nothing*! Let that sink into your thick skull for a second ... If that is even possible.