- Banned
- #101
4 million jobs is laughable!! thats it? Sarah Jessica Parker,,,,are u that dumbfounded? and did u forget the mention Obama's debt and defecit in your ad?
Actually, 4 million jobs is exactly the same amount as Reagan saw in his first 3 years of office...
Food for thought.
The difference being...Reagan was in the process of bringing us out of the Stagflation he inherited from Jimmy Carter. The Fed tightened up the money supply drastically and that led to higher levels of unemployment. Now contrast that with what Obama has done since HE took office. He's had the Fed keep interest rates as low as possible trying to stimulate economic growth and lower unemployment...yet both have remained stagnant. By the end of Reagan's 3rd year the economy took off and started growing in a big way because he'd done the hard work to turn it around. Anyone here think that's about to happen now?
Reagan didn't inherit 2 wars, a collapsed stock market, and a bubble collapse that made tens of trillions of dollars disappear overnight.
And Reagan created a whole bunch of public sector jobs, mainly in defense, which helped his numbers immensely.
The situation inherited by Obama was more like that inherited by Roosevelt than Reagan. And yet, the number of jobs created is just about the same.