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	Happy Days Are Here Again
	Clinton Didn’t Make the 90s

	MaryEllen Tribby Publisher
	Jedd Canty Business Director
	Jon Lewis Managing Editor
	Nicole Reynolds Marketing
	Jon Herring Editor

	Charles Delvalle
	Andrew M. Gordon
	Dr. Russell McDougal D.D.S.
	Rick Pendergraft
	Chris Johnson

Thursday, February 7, 2008

Happy Days Are Here Again


	Andy Carpenter

Man, there was a ton going on this week. The Super Bowl and Super Tuesday both revealed the same thing.

Americans hate elitists. And, at least with Mitt Romney, they got it right.

But more than anything, Super Tuesday proved something that most TV, radio, and web bloggers – in their utter self-absorption – fail to understand about the United States and its people.

That is… Americans simply want to be happy.

Proof: Americans were equally happy under both Reagan (whose flaccid trickle-down economy was hollow at its core) and Clinton (whose draconian budget balancing created a thriving economy).

Super Tuesday reveled that Americans have a sudden urge to reconnect with happiness.

That, despite what the conservative media may tell you, the economy doesn’t make people happy.

Nor does the mass of mean-spirited talk radio and talk TV make them unhappy, no matter what liberals might claim. After all, ratings prove that more than 299 million Americans never bother to tune into talk-radio or talk-TV shows.

No, it’s war that makes Americans unhappy.

It’s been that way throughout U.S. history with but two exceptions - the American Revolution and WWII. Those wars were fought over ideals… to create or defend a way of life.

Every other war or “war” the U.S. entered was based on fear, lies, or land grabs. Fear of the red horde … fear that our oil supply would get choked off… fear that 5,000 or 6,000 terrorists spread across the globe could actually be a threat to the U.S. democracy.

Today, Americans want to feel better. They don’t want to get rich or die trying. They don’t really care about a recession… they just want to be happy again.

In both parties, on both the right and left, Super Tuesday found that Americans rejected the politics of fear, which has worn them out.

On top of that, they also rejected those who spread the message of fear.

This is a seismic shift in American sentiment… long overdue… and the best news the economy has received this century.

Respectfully,

Andy Carpenter

P.S. To let me know what you thought of today's article, send an e-mail to: feedback@investorsdailyedge.com.

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Clinton Didn’t Make the 90s


Charles Delvalle

Dear Reader,

Last week was a doozy.

I wrote an article (well, a few really) on Hillary Clinton and her impact on the economy. Well, if there’s one thing I’ve figured out, it’s that most of you really hate Hillary.

But there were a few of you who prefer the Clinton years. One of our readers, Art D., sent in this response:

Hillary's husband sure straightened out the mess Reagan and Bush created. Bill Clinton achieved the best economic results of any other president in history and I'm almost certain the best president of all in all other categories including George Washington.

Dear Art,

Thanks for your response. But I have to wonder, do you really think that the only reason we had great economic numbers was because of Clinton?

Clinton didn’t cause Chinese imports that would keep inflation low. And he certainly didn’t cause the Internet to be one of the biggest drivers to economic growth that we’ve ever seen.

And Bill Clinton certainly didn’t achieve the best economic results in history. Consider …

From 1942 to 1966, average GDP growth in the U.S. was 4.5 percent. Average GDP growth during the Clinton years was about 3.1 percent.

From 1948 to 1966, capacity utilization (at factories) peaked at 91.5 percent. During the Clinton years that peak was in 1995, at 84.4 percent.

Annual corporate profit growth fell from 10.8 to 8.8 percent in the 90s. That’s nearly a 20-percent drop off.

You might think that Clinton had the best economic results, but the numbers show that Roosevelt, Truman, Eisenhower, and Kennedy did much better.

There’s no doubt that the 90s were remarkable. And after what we’ve been through for the past eight years, the 90s must seem like a magical universe most people only dream about.

But in the end, that success wasn’t because of Clinton.

Should Hillary Clinton come into office, she won’t be able to fix everything overnight. In fact, she’s going to have one hell of a time trying to patch everything up. The road ahead is going to be very hard.

In the end we just need to pay attention to what the future holds so that we’re able to make the most money from it.

To your success,

Charles

P.S. I just started up a new blog and would love for you to check it out. Just go to http://stockcharlie.blogspot.com/. I’ll be giving you my unrestricted opinion on economic developments and the effect politics can have on the markets. Make sure to comment and let me know what you think!

P.P.S. To let me know what you thought of today's article, send an e-mail to: feedback@investorsdailyedge.com.

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