Wednesday, February 24, 2010

Passed Time for a Change

Recently I read an article comparing the results of the Clinton administration with the results with Bush43's administration. During the Clinton years, for whatever reasons, jobs grew from 90.8 billion to 111.6 billion. During W's years jobs reduced from the 111.6 billion to 110.9 billion. The number of private sector jobs created in the Clinton years were more than the Reagan and Bush41 lumped together. Clinton inherited a $290 billion budget deficit and by the end of his administration we had a$236 billion surplus. He also had 2 balanced federal budgets the first in 40 years. Bush43 inherited the $236 billion surplus and when he left office he left the country with a $1.4 trillion deficit. When Clinton left office China held $73 billion in U.S. debt. When Bush43 left office China's holdings had increased to $746 billion.

Times have changed. Neither the Democrats nor the Republicans are friends of the people.

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