daveman
Diamond Member
Reagan isn't President, idiot. Nor is he running again.Just the fact's ma'amJust as I thought.
Gallup, which unlike the BLS, does not fudge, Birth/Die, or seasonally adjust its data, has just released its most recent (un)employment data.
Underemployment, a measure that combines the percentage of workers who are unemployed with the percentage working part time but wanting full-time work, is 18.4% in mid-December, as measured by Gallup without seasonal adjustment. This is up slightly from 18.1% at the end of November and similar to the 18.5% of a year ago.
Gallup Finds Unemployment Rises For Fourth Week In A Row, Cautions On BLS Data | ZeroHedge
You guys still playing with your own facts?
Economy
The U.S. economy entered an economic downturn in the summer of 1981 following the passage of the president's tax and budget proposals. Bond traders began unloading U.S. Treasuries in August 2001 and the collapse of bond prices was quickly followed by a decline in stock prices. Unemployment swelled to more than 10 percent of the workforce. Over the eight years of the Reagan administration unemployment averaged more than 7.5 percent - a full percentage point above the average of the previous administration.
The public debt increased by 178 percent between fiscal 1981 and fiscal 1989
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Memories Unemployment During the Reagan Years
Posted by PGL | 3/24/2006 03:54:00 PM
This thread is about Obama's economic failure.