17 months is all it took

Discussion in 'Politics' started by naturegirl, Sep 6, 2012.

  1. naturegirl
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    naturegirl Silver Member

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    It took Reagan 17 months to straighten out Jimmy Carter's mess he left. Unemployment actually rose during the first months of his presidency to over 10% (sound familiar?) Inflation jumped to 13.5%

    Bill Clinton lied last night saying no other president faced what Obama was facing. Reagan's was just as bad if not worse.

    Ronald Reagan Presidential Library, National Archives and Records Administration

    Reaganomics - Wikipedia, the free encyclopedia
     
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    Last edited: Sep 6, 2012
  2. naturegirl
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    naturegirl Silver Member

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    More from another link.

    Reagan Succeeded Where Obama Failed
     
  3. blastoff
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    blastoff Undocumented Reg. User

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    Bill Clinton lied (again)? How come? There weren't any babes involved this time as far as I know.
     
  4. naturegirl
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    naturegirl Silver Member

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    Sandra Fluke was there and Hillary was out of the country. :)
     
  5. rightwinger
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    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

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    Reagan was allowed to triple the debt to force a recovery. He did not have to contend with massive layoffs in the public sector while he was trying to cut the unemployment rate
     
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  6. Saigon
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    Saigon Gold Member

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    And here was me thinking Reagan never submitted a balanced budget....
     
  7. Meister
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    Meister Platinum Member Supporting Member

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    Would you give a monetary amount (including inflation) that Reagan spent over his 8 years and compare that to what Obama has spent in 3+ years?
    I'll be waiting, Leftwinger. :eusa_whistle:
     
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  8. Dick Tuck
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    Dick Tuck Board Troll

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    For fucks sake, are you really this ignorant of the 1980 recession? It was a planned recession. Carter appointed Volker to impose monetary policy to bring down inflation. Volker did just that. He tightened up money to the point that no corporation could borrow its way out of the inflation spiral.

    Reagan, blamed Carter for the problem, but actually kept Volker's policy in place, and even reappointed him.

    Carter did what was right for America, and took the political hits for it. Reagan kept the policy and blamed others. Carter showed leadership. He put our Nation above his personal political ambition.
     
  9. naturegirl
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    naturegirl Silver Member

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    Ummm unemployment was 7.8% when Reagan took office, it balooned to 10.8%, higher than Obama's. He also had to deal with a 13% inflation rate. Obama's was zero.

    Obama had no clue what to do, he still doesn't. Oh and didn't Obama alos increase the debt by a bunch???

    Obama's policies have failed.
     
  10. naturegirl
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    naturegirl Silver Member

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    Link??
     

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