Tuesday, October 28, 2008

ATR: Some Food For Though

Ok, this subject is completely off topic from music, but its election time. Im not the political type but ive noticed a pattern among past presidents during economic crisis'/recessions.

Major American recessions of the 20th/21st century:
  • 1929-1939: The Great Depression
    Who was in office? Herbert Hoover (Republican)
  • 1953-1958: The Recessions of 1953 and 1957
    Who was in office? Dwight D. Eisenhower (Republican)
  • 1973-1975: The 1973 Oil Crisis
    Who was in office? Richard Nixon (Republican) & Gerald Ford (Republican)
  • 1980-1982: The Early 1980's Recession
    Who was in office? Jimmy Carter (Democrat) & Ronald Reagan (Republican)
  • 1990-1991: The Early 1990's Recession
    Who was in office? George H. W. Bush (Republican)
  • 2001-2003: The Early 2000's Recession
    Who was in office? George W. Bush (Republican)
  • 2008- : The Economic Crisis of 2008?
    Who was in office? George W. Bush (Republican)
Here are some more facts to put this all into perspective:
  • Herbert Hoover (Republican) plunged the country into its worst economic crisis with interventions and policies such as the Smoot-Hawley Tariff Act, which exacerbated the threats of the Great Depression.
  • Franklin D. Roosevelt (Democrat) got the United States out of the Great Depression thanks in large part to The New Deal.
  • Bill Clinton (Democrat) attained a federal budget surplus for the first time since the late 1960's.
  • Under George W. Bush (Republican), the U.S. economy has dropped to new lows unseen since The Great Depression.
Notice the pattern. Just some food for thought...
Obama's got my vote!!!!!!

Friday, September 19, 2008

NEWS

UNDER CONSTRUCTION!!!!!!!!!!!!!!!!!

Will be returning soon.


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