Re: Household Debt to GDP Ratio Explodes

From: Richard (rh310_at_hotmail.com)
Date: 06/10/04 

Date: Thu, 10 Jun 2004 16:41:04 GMT

root@localhost. wrote...

> I have a different reading regarding your chart. After Democrats screw
> things over, they are booted out of office. Republicans take control
> and enact unpopular market-oriented reforms while living with the
> screw ups the Democrats did. Then the Republicans are voted off
> because of the unpopular reforms but the Economy is now booming and
> the Democrats take advantage of it. The most recent example of this
> was the boom Reagan created and Clinton destroyed.

Except that Bush 41 was president in between Reagan and Clinton, and
he had a substantial recession during his 4-year term. Shouldn't
Bush 41 have enjoyed Reagan's boom, if there was such a thing?

Since the population votes its pocketbook, why would 'reforms' that
create booms be so unpopular as to vote Republicans out of office? 

-- 
Don't believe anything unless you have thought it through for 
yourself.                      (Anna Pell Wheeler, 1883-1966)

Relevant Pages

  • Re: Republicans to counter Dems U.S. financial reforms
    ... "...Instead, the Republicans call for creating a board of regulators and outside experts, chaired by the Treasury secretary, to study systemic risk and report quarterly. ... Republicans to counter Dems' U.S. financial reforms ... WASHINGTON - Congressional Republicans are close to offering financial regulation reforms that would rein in the Federal Reserve and expand the bankruptcy code, according to a draft staff document obtained by Reuters. ... On Fannie Mae and Freddie Mac, Republicans call for phasing out government support for the housing finance giants and converting them to private entities if they are still viable after the housing market stabilizes. ...
    (soc.retirement)
  • Re: House Republicans claim victory in earmark reform showdown
    ... backed down on their plan to hide earmarks in a series of multi-billion ... Republicans to challenge wasteful spending in appropriations bills on ... of the 2006 GOP reforms. ...
    (soc.retirement)
  • Re: Obama camp lets rip over McCain aides terror claim
    ... Republicans are unpopular due to them trying to take over the Democrats ... philosophy of buying votes with pork through earmarks. ... Republicans are also unpopular due to them buying votes with pork through ...
    (rec.sport.golf)
  • Re: Obama camp lets rip over McCain aides terror claim
    ... Republicans are unpopular due to them trying to take over the Democrats ... philosophy of buying votes with pork through earmarks. ... Republicans are also unpopular due to them buying votes with pork through ...
    (rec.sport.golf)
  • Re: Obama camp lets rip over McCain aides terror claim
    ... Republicans are unpopular due to them trying to take over the Democrats ... Republicans are also unpopular due to them buying votes with pork through earmarks. ...
    (rec.sport.golf)