Quote from Yannis:
That's one way to look at it. The other way is to look a little deeper and understand that when the Republicans take office they have to lower taxes and invest to jumpstart the economy that the Dems have almost ruined in the previous few years. For example, look at what kind of mess Reagan inherited from Carter.
Well the debt was massively lower under Carter, and inflation and unemployment were "fixed" under Reagan by "redefining" them. (The price index doesn't include energy and housing now, for example, two of the biggest sources of inflation.)
If you recalculate the misery index under Bush using the same methodology as Carter, it's significantly worse now.
Not to mention the stock market collapse of 2000, and accompanying near recession, that Bush had to repair after Clinton...
Collapse? Really? You're on an investment/trading board and you say that?
who had been very successful at hiding all sorts of terrible risks (like Al Qaeda's growth) under the rug and then Bush had to deal with the whole 9/11 disaster and then some. Still, under Bush, we were victorious, the Middle East is more free and more democratic, the economy boomed and millions of new jobs were created. The little pullback late last year and early this year? Natural, and gone. Look at the 2Q results: +3.3% growth, again. Oh well.
You're really overboard with this. Cherry picking one quarter (using the annualized number, in other words, the real number times four) and the rest of your paragraph is actually laughable. The ME is more democratic? Because Iraq has a government cowering behind our troops in a Green zone at the cost of $12 billion a month?
