CDZ Coolidge and Reagan 20th Century's Number 1 & 2 Greatest Presidents

CrusaderFrank

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May 20, 2009
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Clearly Coolidge had the best economic record in the 20th Century and, having the benefit of a Conservative Congress, was most faithful to the Constitution. He cut taxes and ordered REAL spending cuts. Harding and Coolidge inherited a terrible economy and turned it around in record time.

Reagan, did not have a Republican Congress, but he loved America. He declared the USSR an "Evil Empire" and vowed to defeat them and with the Pope and other principled, freedom loving leaders. He liberated Eastern Europe from the crushing, dehumanizing oppression of Soviet Communism

Coolidge and Reagan were the 20th Century's Number 1 & 2 Greatest Presidents
 
Gorbechev did that- we're lucky all Reagan's grandstanding and bluster didn't bring back the hardliners. Coolidge gave us the Great World Depression.
 
I rank Ronald Reagan number 1 President of the 20th century. He brought down the Soviet Empire single-handedly, in spite of the Democrats doing everything they could to undermine his efforts. He accomplished what others would not have even attempted. He should be on Mt. Rushmore.
 
Reaganism voodoo has wrecked the nonrich and the country- not to mention allowing a BS propaganda machine that turns out hater zombies like you people. Changed the silent majority into loudmouth haters...

The Demise of the American Middle Class In Numbers.

Over the past 30 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg image
2 – Congratulations to Emmanuel Saez The White House
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = U.S. Bureau of Economic Analysis BEA
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = FRB Z.1 Release--Financial Accounts of the United States--September 18 2014
5/6 = Wealth And Inequality In America - Business Insider

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts
 
Coolidge was riding high on the post war economy, but even at the end of his presidency the cracks of the great depression were forming..
Coolidge took over the scandal ridden presidency of Harding after he died...

Calvin Coolidge (1872-1933), the 30th U.S. president, led the nation through most of the Roaring Twenties, a decade of dynamic social and cultural change, materialism and excess. He took office on August 3, 1923, following the sudden death of President Warren G. Harding (1865-1923), whose administration was riddled with scandal. Nicknamed “Silent Cal” for his quiet, steadfast and frugal nature, Coolidge, a former Republican governor of Massachusetts,CLEANED UP the rampant corruption of the Harding administration and provided a model of stability and respectability for the American people in an era of fast-paced modernization. He was a pro-business conservative who favored tax cuts and limited government spending. Yet some of his laissez-faire policies also contributed to the economic problems that erupted into the Great Depression.
Calvin Coolidge - U.S. Presidents - HISTORY.com
 
These guys don't know squat about Coolidge, but Reagan still drives them bonkers. The Gipper lives on!
This makes them even more bonkers.

reagan-mondale-1984-electoral-college-map.jpg
 

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