Auto bailout

On Tue, 16 Dec 2008 06:00:22 -0800, "John R. Carroll"
<snip>


<snip> ===============When the 10 post ww2 recessions are examine the following is discovered:
Recession                                President    party November 1948 October 1949    Truman            D July 1953 August 1954*            Eisenhower        R July 1957 April 1958*                Eisenhower        R May 1960 February 1961*            Eisenhower        R Nov 1969 Nov 1970                    Nixon                R Nov 1973 March 1975                Ford                R January 1980 July 1980            Carter            D July 1981 Nov 1982                    Reagan            R July 1990 March 1991                GBush                R December 2007 ?                     WBush            R --------------------------------------------------------------- *collectively know as the Eisenhower prosperity years" :-<                                             # of Rs -- 8                                             # of Ds -- 2
source: http://www.unitedlitho.com/PDFs/Recessions.pdf and http://www.infoplease.com/ce6/history/A0840075.html
Does anyone else see a pattern here?
Unka' George [George McDuffee] ------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?
Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).
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On Tue, 16 Dec 2008 12:47:32 -0600, F. George McDuffee

-------- If anyone is interested I did a quick regression on the party of the president and the existence of a recession. There is a *SMALL* positive statistical correlation r^2 = 0.05 but not as large as the R=8, D= 2 data indicates. Partially because of the different amount of time of each party in office and also because of the difference in the lengths of the recession. I did not consider the depth.
There were a total of 756 months of data There were 121 months of recessions. Republicans were president for 431 of these months.
for a copy of the analysis and data file in xls format click on http://mcduffee-associates.us/PE/byprez.xls This is by month for the period Jan 1950 - Dec 2008
Unka' George [George McDuffee] ------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?
Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).
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business
a
I'm
Only pissed because there's nothing in it for the transplants...
Ironic when considering that were it not for of the legacy automakers with their competative pay, health care plans , retirements etc the transplants likely would never have been able to even gain a foothold.
It's been a race to the bottom, now all that's left is a handfull of Wall Street High-Rollers most of whom are now quite busily betting odds amongst themselves...
And why not?--Beings the taxpayers re-float the losers anyways...
--


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