Oh I never considered that. Let me go re-vote. Wow you just changed my mind.
Too late, you should have thought about that before you voted. Say hello to 4 more years of increase debt, increase taxes, increase tax payer funded health care, decrease stock market, decreased home values, and decreased education.
Change??? - That's his catch phrase b/c change (and not dollar bills yo!) is all you'll have left in your pockets when he's done with you.
And you are all still OK with this?
People who are unwilling to pay for the privilege of living in the best country on Earth don't deserve to live in it.
"A jump in the stock market and rising home prices are bringing Americans closer to regaining the wealth they lost in the recession.
U.S. household net worth dipped in the April-June quarter, according to a Federal Reserve report released Thursday. But gains in stock and home equity since the last quarter ended have likely raised total household wealth to within 5 percent of its peak before the Great Recession.
Millions of Americans still feeling the effects of the housing bust, or who don't own any stocks, haven't benefited as much."
http://www.cnbc.com/id/49105009
http://finance.yahoo.com/news/highe...ericans-regain-wealth-214428620--finance.html
Stock market returns (T. D. Ameritrade's "Enlightened Investor" magazine (fall 2008 edition), page 3):
Average Annual Returns:
- Democrat: 9.0%
- Republican: 5.8%
Cumulative Return on $10,000:
- Democrat: $315,449
- Republican: $73,536
Average Annual Returns (individual administrations):
- FDR 7.5%
- Truman 8.3%
- Eisenhower 10.9%
- Kennedy 6.5%
- LBJ 7.7%
- Nixon -3.9%
- Ford 10.8%
- Carter 6.9%
- Reagan 10.2%
- H. W. Bush 11.0%
- Clinton 15.2%
- George W Bush -0.8% (through 8/25/08)
(in reconciling average annual returns with the cumulative gain on $10,000 statistic above, I'm guessing that Republican administrations have represented giant boom and bust cycles where lots of money was made, lots of money was lost, but the net overall effect was simply transfer of wealth, rather than gains that hold significantly over time?)
Average Annual Cumulative Return:
http://www.bluevirginia.us/diary/73...our-wallet-dems-outperform-republicans-by-far
** Obviously you won't have 40 years of continuous Democratic (or Republican) rule, so the sequential compounding above is only hypothetical and most likely very grossly exaggerates the actual pot of money you would end up with in reality ** (second chart, which looks like lump sum investing, and third chart, which is dollar cost averaging and probably what most people with 401k would relate to, then extrapolating cumulative return over time by using average annual return over 40 years of Republican rule (5.8% average annual return) vs. 40 years of Democratic rule (9.6% average annual return)
I use welfare moneys lawl
I don't need money I got like 5 cell phones from the government.
So you agree with Mitt Romney? We should kick the 47% out?
...
The International Monetary Fund is projecting 3% annual growth for the U.S. Thats better than most developed nations including Germany, France and Canada. By nearly every metric from consumer spending and confidence, housing, corporate profits and debt-to-GDP ratio the U.S. has not only turned the corner but is outpacing other recovering economies. Republicans can cherry pick numbers to pretend Americans are worse off under Obama but the real debate has to be about how much better off they are now than they would have been under right-wing voodoo economics and unregulated financial flim-flammery.
For his part Mitt Romney offers an opaque tax plan that hinges on a disproved theory that tax cuts for the rich create wealth for everyone and that they pay for themselves. Never have. Never will. His running-mate is a man who draws his financial wisdom from a cultish crank who regards selfishness as the greatest human virtue.
But what about the debt? wail Republicans. That as Bill Clinton would say takes brass. No one has worked harder than the GOP to accumulate debt since 1981. Setting aside the stimulus, the current deficit situation is entirely the product of the previous administrations profligacy and the current Congresss agenda of thwarting Obama at any cost.
...
Say hello to 4 more years of increase debt,
increase taxes
increase tax payer funded health care
decrease stock market
decreased home values,
and decreased education.
Change??? - That's his catch phrase b/c change (and not dollar bills yo!) is all you'll have left in your pockets when he's done with you.