Saturday, November 1, 2008

Which is more fiscally responsible, Rep or Democrat?

If you want fiscal responsibility, there is only 1 party to vote for. See the 3 Reasons below.


REASON 1:
http://www.nytimes.com/interactive/2008/10/14/opinion/20081014_OPCHART.html?ei=5070&emc

$10,000 invested in 1929, if you only invested during the time when either a Republican or Democrat was in office, this is what it would be worth today:

Republican = $11,733 (?% who cares, it sucks in 40 yrs I make $1k?)
Democrat = $300,671 (8.9% growth)


As of Friday, a $10,000 investment in the S.& P. stock market index* would have grown to $11,733 if invested under Republican presidents only, although that would be $51,211 if we exclude Herbert Hoover’s presidency during the Great Depression. Invested under Democratic presidents only, $10,000 would have grown to $300,671 at a compound rate of 8.9 percent over nearly 40 years

REASON 2:
http://www.cedarcomm.com/~stevelm1/usdebt.htm

Since 1946, the parties increased the national debt at an average of:

Republican = 9.2% / year
Democrat = 3.2% / year

Republican Presidents out borrowed and spent Democratic presidents by a three to one ratio. Putting that in very real terms; for every dollar a Democratic president has raised the national debt in the past 63 years Republican presidents have raised the debt by $2.84

Prior to the Neo-Conservative takeover of the Republican Party there was not much difference between the two parties’ debt philosophy. They both worked together to minimize it. However the debt has been on a steady incline ever since the Reagan presidency. The only exception to the steep increase over the last 30 years was during the Clinton presidency, when he brought spending under control and the debt growth down to almost zero.


REASON 3:
Warren Buffet = democrat.

He was born & bred from Omaha Nebraska, a red state. I follow him when I am unsure.
Often called the "Oracle of Omaha",[4] Buffett is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth.


............ if you are still convinced to vote Republican, then please also send me a check for the total amount in your 401k, since you'll be losing it anyway. You may want to start networking, since you are more likely to lose your job. Make sure to educate your kids though, because they are going to need to make more money due to your poor decisions; enough to pay for your retirement, the added Gov Debt you gave them, and still have enough for their retirement. Wow you are pretty cold, heartless SOB.