Boy Cutten, Most of your posts are so intelligent they are a pleasure to read, but this one is a complete departure from reason and balance. You sound like you write for Daily Kos. So just how did Bush shred the Constitution? How was he responsible for 9/11? What innocents did he torture? Who gives a f---- if the rest of the world feel alienated? How was he responsible for the tech and housing bubbles? Now I agree that steel tariffs and nation building are stupid ideas, but how many "grotesque dictatorships" did Bush's policies put an end to? And who care what Carter did after office?
You assume that "intelligence" (whatever that means to you) is more important than principles. Putin is no doubt very intelligent by whatever measure you want; would you want him to be the protector of your personal and economic freedom?
Obama is the most left in an already leftist Congress. Why would you assume his socialist policies would be tempered by the Congress? The US fairs best with animosity between the executive and the legislature. Nothing gets done.
Fool. The US is hanging by a treshold thanks to the mercy of foreign lenders willing to prop up the dollar and the US economy. Show some respect cause god knows they should have cut life support a long time ago, the nationwide body mass index would have been a lot better I can tell you that. lol
People in other countries buy US assets because they want US assets. It is not "mercy" nor is it charity. If they want to sell those assets, that is their decision as well.
In reality the people who will vote for Barak Hussein Obama are broke ass muslim sympathisers who are hoping to get $500 welfare enhancement . There is no any other reason. Oh wait if you are a gay and want to get married vote for Hussein also. LOL People with assets will get screwed by Hussein Obama for sure and it is funny how many "big traders" on ET wants to give away their" capital gains" to welfare recipients.
Hey! I resent that remark...i`m 36 and bring in lunch to my desk 4 days a week. The funny thing is I make more than the other 5 dopes on my desk...they spend 20 a day easy. I am voting for myself. Cause i`m the only one who jerks me off and gets away with it...and the wife hates politics.
First, you misunderstand. I brought up the misery index as a measurement of how bad things were during a particular period. I'm OK with whatever it says for any particular period. However, what you have done is to apply a series of numbers calculated by a private website evidently to make a point. That's OK too. I'm too busy to try to analyze this guys data, and compare it with todays data. I can tell you that alot has changed since the Carter era. For instance, no one had a computer. LOL. One thing for sure though....if you were in the workforce during that time, as I was, things were quite a bit worse than today in terms of inflation and unemployment. And by the way, interest rates ultimately went to 20+%...compared to today's very low rates. So evidently the market saw something in the numbers that the so-called "shawow index" did not replicate. OldTrader
Sounds fair. It says that Bush is far worse than Carter. Fair enough, but in order to compare numbers as you did the same methodology must be used. Otherwise you're comparing apples to oranges. As for the private citizen thing, you can dig in there, get his methodology (the same one that the government used to use) and compare. It's a very good site. Actually Interest rates went above 20% under Reagan, not Carter: http://www.wsjprimerate.us/wall_street_journal_prime_rate_history.htm
Reagan became president 1/20/81. Using your data rates (the prime rate) touched 20% under both Reagan and Carter. I'm too involved to scroll through my historical charts right now but I'm pretty sure Treasury rates topped in 3/01. Using rates as an inflation barometer or metric then GWB is the best economic President ever.