grunt11b
VIP Member
Obama got 1/2 of tarp also
people keep trying to compare Obama to Reagan and Jr
You cannot
GWB had a stimulus also, he gave it back to the tax payer and for close to 100% of his 8 years UE was below 6%, some below 5
Reagan's did get over 10, but he created close to 20 million jobs before it was over and did it with a deficit that had 2 recessions and re building the military, that was also about the same in 8 years BHO is for1
The Reagan Information Page:Job Creation
One of the strongest features of the Reagan expansion was the job creation numbers. Almost 20 million jobs were created in just seven years. And contrary to popular mythology, most of those jobs paid at least $10/hour. Part of that myth is that service sector jobs equal low paying jobs. However, that is not the case, as even critics of Reagan are now admitting. In fact, the overall job statistics show the Reagan expansion to be one of the best ever.
tarp:
TARP Vote: Obama Wins, Senate Effectively Approves $350 Billion
Michael J. Boskin: Why the Spending Stimulus Failed - WSJ.com
Reagans was over 10 because that is what jimmy carter left for him.