1960 Kennedy D
1964 Johnson D
1968 Nixon R
1972 Nixon R
1976 Carter D
1980 Reagan R
1984 Reagan R
1988 Bush Sr. R
1992 Clinton D
Balanced Budget
1996 Clinton D
Balanced Budget
2000 Bush Jr. R
2004 Bush Jr. R
2008 Obama D
2012 ????????????????
Democrats have been elected 6 times for 24 years
Republicans have been elected 7 times for 28 years
Senate
|
House
| |||
Congress
|
Dem
|
Rep
|
Dem
|
Rep
|
86th
|
64
|
34
|
283
|
152
|
87th
|
64
|
36
|
262
|
175
|
88th
|
67
|
33
|
258
|
176
|
89th
|
68
|
32
|
295
|
140
|
90th
|
64
|
36
|
248
|
187
|
91st
|
58
|
42
|
243
|
192
|
92nd
|
54
|
44
|
255
|
180
|
93rd
|
56
|
42
|
242
|
192
|
94th
|
61
|
37
|
291
|
144
|
95th
|
61
|
38
|
292
|
143
|
96th
|
58
|
41
|
277
|
158
|
97th
|
46
|
53
|
242
|
192
|
98th
|
46
|
54
|
269
|
166
|
99th
|
47
|
53
|
253
|
182
|
100th
|
55
|
45
|
258
|
177
|
101st
|
55
|
45
|
260
|
175
|
102nd
|
56
|
44
|
267
|
167
|
103rd
|
57
|
43
|
258
|
176
|
104th
|
48
|
52
|
204
|
230
|
105th
|
45
|
55
|
207
|
266
|
106th
|
45
|
55
|
211
|
223
|
107th
|
50
|
50
|
205
|
229
|
108th
|
48
|
51
|
205
|
229
|
109th
|
44
|
55
|
202
|
231
|
110th
|
49
|
49
|
233
|
198
|
111th
|
57
|
41
|
256
|
178
|
112th
|
51
|
47
|
193
|
242
|
97th though 99th Congress (1981-1987) Senate controlled by Republicans during the Reagan administration when we first began to enter the Global Marketplace at the urging of Great Britain’s Prime Minister Thatcher.
104th through 109th Congress (1995-2007) both Senate and House were controlled by Republicans, during the Clinton (D) and Bush (R) administrations which was really amazing since Clinton managed to balance the budget.
110th through 112th Congress had 2 Independent Senators causing the Democrats a lot of backlash during 2011 and 2012 and especially the months leading up to the 2012 Presidential election.
Leading Indicators
An economic indicator that changes before the economy has changed. Examples of leading indicators include production workweek, building permits, unemployment insurance claims, money supply, inventory changes, and stock prices. The Fed watches many of these indicators as it decides what to do about interest rates. Read more:
Economists will explain that these leading indicators can be anywhere from 3 to 9 month ahead of the predicted change, with the understanding that there are numerous mitigating circumstances and outside influences that could occur during the first 90 days that would delay the change into the future, so it is an educated guess at best.
So, let’s take this educated guess and speculate how long into the future after President Kennedy opened the door to Vietnam (1960) as we still experiencing the effects of that Presidential decision? I would venture to say that it went well beyond the end of the Johnson administration (1968).
So, let’s take our educated guessing again and speculate how long into the future after President Reagan opened the door to globalization (1980) as we still experiencing the effects of that Presidential decision? I would venture to say that we never have stopped experiencing those side effects.
So, let’s test our educating guessing one more time and speculate how long into the future after President Bush opened the door to our Middle East Invasions (2001) are we still experiencing the effects of that Presidential decision? This too is one that we are still experiencing.
A Republican President and a Republican controlled Congress set into motion unprecedented spending that created such a large deficit that forced us to borrow money from our arch enemy and rival China whose economy will be larger than ours in few brief years. This situation as you well know was exacerbated by GREEDY Bankers, Real Estate Moguls, and Wall Street Investors sending our country into an economic downward spiral that has not been experienced since the Great Depression. If we mix into this economic soup outsourcing, globalization, and America’s lack of basic math, science, and English skills, we have an historical opportunity for the United States to fall even further down this slippery economic slope.
No comments:
Post a Comment