-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 On 04/11/08 21:01, Paul Johnson wrote: > On Friday 11 April 2008 01:33:00 pm Damon L. Chesser wrote: > >> It does? News to me. Again, study your history, longest un-interrupted >> economic growth in the history of the US. > > Reagan was still starring in movies or acting as the president of the labor > union he was a member of during much of the boom of which you speak > (1945-1975). Looking at all the GDP data for the US I could find poking > around BEA's website, GDP grew slower post 1981. Total US exports levelled
Growth would have slowed no matter who was President, since it took a generation for Europe and Asia to recover, and for the US to get fat and complacent with our post-war economic dominance. > off entirely during the Reagan years while imports continued to grow. > Private domestic investments declined while personal consumption expenditures > continued to grow. The Dollar is now managing to hit record lows against > foreign currencies, breaking the lows we set in the Reagan years. This is > all public record over at bea.gov. > > So if you're going to pin the longest uninterrupted period of economic growth > in American history on Ronald Reagan, you should attribute it to him as Host > of General Electric Theater, not to him as President of the USA. > - -- Ron Johnson, Jr. Jefferson LA USA We want... a Shrubbery!! -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.6 (GNU/Linux) iD8DBQFIABuvS9HxQb37XmcRApnlAJ9ir0YG4EDF4YcWaRT9dCvuY/vwawCfXkUa FHQjtodjWLUGvVvuh6htsJI= =Gy94 -----END PGP SIGNATURE----- -- To UNSUBSCRIBE, email to [EMAIL PROTECTED] with a subject of "unsubscribe". Trouble? Contact [EMAIL PROTECTED]
