You'd have to wonder if who wrote that was even born yet during Reagan.
wait a minuet? we thought Obambam was going to swoop down and SAVE US from the Reagan and Bush's . so you're admitting he's been one big ass failure. a lot of us thinks that, so good job.
oh and I guess you're also saying Billy Boy Clinton was also a failure. so why would you keep electing Democrats to run our lives?
Let's see...president Obama inherited a total mess. The stock market had dropped about 30%, the economy was on the brink of collapse, Bush handed $780 billion to the biggest banks in the world, unemployment was at more than 7% and bleeding 750,000 jobs a month, the interest on the newly doubled national debt almost as much as the defense budget, two wars hot to trot, one totally unnecessary, etc.
Now the unemployment rate is 5.1%, we've had 66 months of consecutive job growth, the stock market has more than doubled, no U S troop is dying every day in some god-forsaken desert, etc. etc. etc. You god dammed neocons make my ass hole crave lime juice. Why don't you just go ahead and admit that you're jealous because the president's tan is better than John Boehner's?
One more thing...I'm 81 years old. In the 1980's my wife and I both worked and had good jobs. When Reagan presented his Trickle Down, tax cutting fiasco a millionaire saved enough each year to buy a new Mercedes and average Americans saved enough to buy a muffler for one.....that's the truth, there was an ad in the papers which showed examples. Since we weren't interested in a Mercedes we saved enough to buy a six pack of beer each week.
Reagan screwed up the whole deal when he slashed tax rates to 50 year lows, continued to spend like a drunk sailor and borrowed $3 trillion from foreign banks to cover the cost of the tax cuts.
He fired the PATCO union and that began the end of labor unions for the middle class:
.................................Total U S Debt.......................................
09/30/2009 $11,909,829,003,511.75
(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)
09/30/2008 $10,024,724,896,912.49
(Times Square Debt Clock Modified To Accommodate Tens of Trillions)
09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32
09/30/2003 $6,783,231,062,743.62
(Second Bush Tax Cuts Enacted Using Reconciliation)
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06
(First Bush Tax Cuts Enacted Using Reconciliation)
09/30/2000 $5,674,178,209,886.86
(Administration And Congress Arguing About How To Use Surplus)
09/30/1999 $5,656,270,901,615.43
(First Surplus Generated...On Track To Pay Off Debt By 2012)
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38
( Debt Quadrupled By Reagan/Bush41)(President Clinton raised tax rates while he still had a Democrat congress)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00
09/30/1982 $1,142,034,000,000.00
(Total Debt Passes $1 Trillion)((Reagan Slashed Tax Rates To Pre Depression Levels)
09/30/1981 $997,855,000,000.00