Quote:
Originally Posted by sortie
Never happened. What happened was a recession in the following Bush#1 term where
America saw the extension of unemployment benefits like never before.
There in lies the secret to young people as to why Bill Clinton is seen as a good
president. The recession ended under Bill Clinton and return again for Bush#2.
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Reagan presided over the largest and longest peacetime economic growth in US history ... and yes there was a mild recession under George H. W. Bush but it only lasted about 6 months and the uneployment rate only reached 7.8% not even close to the 10.8% that was in effect when Reagan took over.
Quote:
Originally Posted by sortie
It's called history......(dumb motherfuckers should read it).
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And as for minimum wage ... I am no economist but where I work we had 24 people barely making enough to survive because they only made $5.15 per hour. Now after the new minimum wage we only have 13. The other 11 lost their jobs.