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Forbes.com: President Obama's Trifecta - Democrats Continue Economically Trouncing Republicans
This week marks the 6th anniversary of the stock markets bull run, with the S&P up 206%. Only 3 other times since WWII have equities had such a prolonged, sustained growth series. Simultaneously, last week saw yet another month with over 200,000 non-farm jobs created, making the current rate of jobs growth the best in 15 years. And, in a move that has taken some by surprise, the U.S. dollar is hitting highs against foreign currencies that have not been seen in over 12 years.It is a rare economic trifecta, and demonstrates America is doing better than all other developed countries.
Read more:
http://www.forbes.com/sites/adamhartung/2015/03/10/obamas-trifecta-democrats-continue-economically-trouncing-republicans/
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Forbes.com: President Obama's Trifecta - Democrats Continue Economically Trouncing Republicans (Original Post)
ailsagirl
Mar 2015
OP
Turbineguy
(37,343 posts)1. Doesn't matter
wingnuts would consider it a patriotic sacrifice to live like cockroaches.
Beartracks
(12,816 posts)2. Gosh, whom to believe: Forbes or Limbaugh? Forbes or Hannity? Hmmm... n/t
ailsagirl
(22,897 posts)3. That's a tough one...
nxylas
(6,440 posts)4. Forbes saying something nice about Democrats?
It's the world turned upside-down.
FBaggins
(26,748 posts)5. Not really
People often add "Forbes" to their posting title (perhaps to lend credibility)...
... but anytime you see "sites" in the hyperlink right after the forbes.com, it's really a blog that just happens to be hosted on the Forbes website.
This is really Adam Hartung's position, not Forbes'
sorechasm
(631 posts)7. Maybe Adam Hartung's position
...but the evidence from Bob_Deitrick's book (Bulls, Bears, and the Ballot Box - updated to current economic conditions) is pretty clear: Democratic presidential policies outperform Republican presidential policies in most every category including 70% better annual rate on return on investment. As well as,
Both Democrats, Obama and Clinton, had big decreases in unemployment due to their policies. From peak to trough in this current administration unemployment has fallen by 5.5 percentage points, a decline of 81%. Clinton oversaw unemployment decline of 3.1 percentage points, or 73%.
Both Democrats followed Bush Republican presidencies which had seen unemployment increase. During Bush 41 unemployment rose by 2 percentage points (5.4% to 7.3%,) and during Bush 43 unemployment nearly doubled from 4.2% to 8.3%. Not even the Carter presidency had unemployment increases anywhere close to the 12 years of Bush presidencies.
As a result of Democratic policies, America re-invested in growth. Which allowed companies to invest in plant and equipment and create new jobs, while lowering the deficit. This happened simultaneously with opposite policies being implemented in Japan and Europe (so called Austerity) which has caused their economies to weaken. And slowed demand from Europe has reduced growth rates in China and India, all leading global investors to return to the U.S. dollar as a safe haven. It is because of our economic strength that the dollar is returning to rates we have not seen since the Clinton presidency.
Fred Sanders
(23,946 posts)6. The business world will not tolerate liars for long, no wonder Fox Business is total ratings failure.