Friday, September 26, 2008
The Economic Crisis...
TJ: "Richard, if having a father with negative cash flow as he begins a new career and funding my own college education through my own earned money and a scholarship is "rich," then I'd hate to be "middle class."
If that's the truth, then you might want to reconsider the consequences of another Bush term. Fortunately, for you and a lot of people who vote against your own interests while blinded by ideology, Democratic majorities in the House and Senate will protect you against the worst Republican abuses, if, in the worst case, McCain-Palin wins. If Obama wins then you and yours will likely do very well. But you have to realize the trashing of our economic system, and its stability, will take some time to repair.
Here's something you can find on the web: "Democratic presidents have produced a 12.3% annual return on the S&P 500, Republicans only 8%. GDP growth since 1930 is 5.4% for Democratic presidents and 1.6% for Republicans." You can find this on the web along with additional supporting information--provided your personal economic welfare is of any importance to you and your family.
For a better picture of the American economy, take a look at these IOUSA trailers.
If that's the truth, then you might want to reconsider the consequences of another Bush term. Fortunately, for you and a lot of people who vote against your own interests while blinded by ideology, Democratic majorities in the House and Senate will protect you against the worst Republican abuses, if, in the worst case, McCain-Palin wins. If Obama wins then you and yours will likely do very well. But you have to realize the trashing of our economic system, and its stability, will take some time to repair.
Here's something you can find on the web: "Democratic presidents have produced a 12.3% annual return on the S&P 500, Republicans only 8%. GDP growth since 1930 is 5.4% for Democratic presidents and 1.6% for Republicans." You can find this on the web along with additional supporting information--provided your personal economic welfare is of any importance to you and your family.
For a better picture of the American economy, take a look at these IOUSA trailers.
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