10 years after Reagan’s death: How does Obama's record compare to Reagan's?

[iguanaman]

I believe the American people were more concerned about depression like symptoms and very poor economic performance, creating dependence, and preferred getting jobs and economic growth but could be wrong.

One thing they definitely were not concerned with was debt. I wonder why that is now so important?

 

[Cardinal]

Individuals have the opportunity to create new and better jobs. Your Party is responsible for jobs moving overseas and quite frankly that isn't a very huge number. Individuals who expect things to be handed to them and rely on the social system will never be successful except that it keeps liberals employed administering programs

The facts are incentive, risk taking, hard work are replaced by the PC crowd who wants equal outcome not just equal opportunity.

When Reagan took power a dominant corporate culture took over, and both parties have been complicit since. Which is why Bush signed NAFTA, Clinton implemented it, and nobody's done squat to reverse this trend. The result is we have our first generation who understands they will never own their own home.

 

[Conservative]

When Reagan took power a dominant corporate culture took over, and both parties have been complicit since. Which is why Bush signed NAFTA, Clinton implemented it, and nobody's done squat to reverse this trend. The result is we have our first generation who understands they will never own their own home.

The economy and results are what you want it to be, how hard you work, what risk you take, how you invest your money. I have been successful regardless of the President because I took responsibility for my actions. The opportunities are still there but not enough people are working to achieve success but rather waiting for someone to do it for them.

 

[Conservative]

One thing they definitely were not concerned with was debt. I wonder why that is now so important?

Yep, 2.6 trillion debt on a 5.6 trillion dollar economy is much worse than an 18.2 trillion dollar debt on a 17.2 trillion dollar economy. What is it about liberalism that creates people like you

You think it is the Government's role to create income equality? where does personal responsibility rest in your world?

 

[Cardinal]

The economy and results are what you want it to be, how hard you work, what risk you take, how you invest your money. I have been successful regardless of the President because I took responsibility for my actions. The opportunities are still there but not enough people are working to achieve success but rather waiting for someone to do it for them.

And how might you accomplish that upon graduation from a university only to find that the industrial base you relied on for saving and investment for the future is no longer there? Please give me details, not platitudes.

 

[Cardinal]

Yep, 2.6 trillion debt on a 5.6 trillion dollar economy is much worse than an 18.2 trillion dollar debt on a 17.2 trillion dollar economy. What is it about liberalism that creates people like you

You think it is the Government's role to create income equality? where does personal responsibility rest in your world?

Do you think it is the government's role to exacerbate income inequality? Back when you believed that NAFTA was Clinton's idea you certainly didn't seem to think so.

 

[distraff]

And democrats cause both...

How did democrats cause the 2008 recession? I thought that had something to do with the housing bubble and risky investments on wall street.

 

[Cardinal]

How did democrats cause the 2008 recession? I thought that had something to do with the housing bubble and risky investments on wall street.

Obama is a time traveler.

 

[distraff]

How old were you when Reagan was President? You have no idea, that recession affected every American because it was complicated by high inflation. You buy the liberal rhetoric and ignore that TARP is what was credited with preventing a depression and TARP was signed by Bush. I didn't agree with TARP but the reality is, it is what it is.

You cannot name for me the economic policy that Obama implemented that led to the results you want to give him credit for but do want to ignore the reality of those results as they weren't what we paid for nor deserved except in the liberal world where low expectations are the norm.

Things were bad back then but at least the economy was not crumbling. In 1980 the banking system and our automotive industry were not about to collapse. FYI if the banking system collapses we basically have a 1932 situation on our hands. In the 2008 recession 16 trillion dollars disappeared. Did that happen in 1980?
America's lost trillions in household wealth - Jun. 9, 2011

 

[Conservative]

And how might you accomplish that upon graduation from a university only to find that the industrial base you relied on for saving and investment for the future is no longer there? Please give me details, not platitudes.

Taking responsibility seems very difficult for some people as they make choices and never want consequences for those choices. Choosing the right major is the first step but not the only step. I majored in personnel management but went into marketing when the doors weren't open for personnel management. People like Gates didn't seem to have a problem. It is all about hard work, positive attitude, and looking for opportunities. I moved 4 times in my career and some people aren't willing to do that. There are opportunities galore in TX for those who want to work for them.

 

[Conservative]

Do you think it is the government's role to exacerbate income inequality? Back when you believed that NAFTA was Clinton's idea you certainly didn't seem to think so.

Here is the story on Clinton

After much consideration and emotional discussion, the House of Representatives passed the North American Free Trade Agreement Implementation Act on November 17, 1993, 234-200. The agreement's supporters included 132 Republicans and 102 Democrats. The bill passed the Senate on November 20, 1993, 61-38.[6] Senate supporters were 34 Republicans and 27 Democrats. Clinton signed it into law on December 8, 1993; the agreement went into effect on January 1, 1994.[7][8] Clinton, while signing the NAFTA bill, stated that "NAFTA means jobs. American jobs, and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement

I strongly believe in personal responsibility and consequences for poor choices. Anyone that works for minimum wage for a career and complains about it isn't going to get any sympathy from me.

 

[Cardinal]

Taking responsibility seems very difficult for some people as they make choices and never want consequences for those choices.
Choosing the right major is the first step but not the only step. I majored in personnel management but went into marketing when the doors weren't open for personnel management. People like Gates didn't seem to have a problem. It is all about hard work, positive attitude, and looking for opportunities. I moved 4 times in my career and some people aren't willing to do that. There are opportunities galore in TX for those who want to work for them.

Complete and utter blather. Again, please provide a road map for today's university graduates for thriving in an economy in which there are vastly more applicants than job openings because the industrial base has moved overseas.

Again, spare me the platitudes.

 

[Cardinal]

Here is the story on Clinton



I strongly believe in personal responsibility and consequences for poor choices. Anyone that works for minimum wage for a career and complains about it isn't going to get any sympathy from me.

*Sigh.* Bush worked for and ultimately signed NAFTA. I quoted that fact and linked to it. What's your point in denying it?

Do you need me to quote and link to it again?

 

[Conservative]

Things were bad back then but at least the economy was not crumbling. In 1980 the banking system and our automotive industry were not about to collapse. FYI if the banking system collapses we basically have a 1932 situation on our hands. In the 2008 recession 16 trillion dollars disappeared. Did that happen in 1980?
America's lost trillions in household wealth - Jun. 9, 2011

Again stop reading the bs, the banking system wasn't going to collapse. Many banks were forced to take TARP and repaid their loans in 2009 something you would never know because Obama recycled the payments and didn't apply them to the deficits knowing people like you would blame Bush

Investments will always go up and down, if you don't sell when they are down you don't take a loss. Paper losses are a lot different than actual cash loss which is why the 07-09 recession wasn't nearly as bad as portrayed

GM was about to collapse not the auto industry and there is quite a difference. All Obama did was reward bad behavior and GM may still collapse.

 

[Conservative]

*Sigh.* Bush worked for and ultimately signed NAFTA. I quoted that fact and linked to it. What's your point in denying it?

Do you need me to quote and link to it again?

I gave you the information on NAFTA, it was ratified by a Democrat Controlled Congress and signed by Clinton. There is a Clinton quote in that statement I posted.

 

[Conservative]

Complete and utter blather. Again, please provide a road map for today's university graduates for thriving in an economy in which there are vastly more applicants than job openings because the industrial base has moved overseas.

Again, spare me the platitudes.

And what individual base would that be? I want specific numbers, how many jobs are overseas in an economy with 148 million working Americans

 

[distraff]

Obama is a time traveler.

Bush is a wizard.

 

[iguanaman]

Yep, 2.6 trillion debt on a 5.6 trillion dollar economy is much worse than an 18.2 trillion dollar debt on a 17.2 trillion dollar economy. What is it about liberalism that creates people like you

You think it is the Government's role to create income equality? where does personal responsibility rest in your world?

 

[distraff]

Again stop reading the bs, the banking system wasn't going to collapse. Many banks were forced to take TARP and repaid their loans in 2009 something you would never know because Obama recycled the payments and didn't apply them to the deficits knowing people like you would blame Bush

Investments will always go up and down, if you don't sell when they are down you don't take a loss. Paper losses are a lot different than actual cash loss which is why the 07-09 recession wasn't nearly as bad as portrayed

GM was about to collapse not the auto industry and there is quite a difference. All Obama did was reward bad behavior and GM may still collapse.

So why do you think the wealth lost were paper losses and not actual losses?

 

[Conservative]

So sorry that you couldn't make it in the Reagan economy. I never did better.

 

[Cardinal]

And what individual base would that be? I want specific numbers, how many jobs are overseas in an economy with 148 million working Americans

What's the point of your question, Conservative? Are you suggesting that industry moving its jobs overseas is a myth? I suspect you're just attempting to distract me. Again, please provide a road map for today's university graduates for thriving in an economy in which there are vastly more applicants than job openings because the industrial base has moved overseas.

 

[Conservative]

So why do you think the wealth lost were paper losses and not actual losses?

Because if you didn't sell you didn't lose a dime. Just like with investments, there are short term losses that lead to long term gains. In a country of 312 million very few lost their investment because they had to sell. And those who did have to sell at a loss probably bought more than they could afford in the first place.

 

[Conservative]

What's the point of your question, Conservative? Are you suggesting that industry moving its jobs overseas is a myth?

No, I asked you how many have moved overseas, what industry has left this country? Think liberalism is going to prevent that from happening by increasing taxes and redistributing wealth?

 

[Cardinal]

No, I asked you how many have moved overseas, what industry has left this country? Think liberalism is going to prevent that from happening by increasing taxes and redistributing wealth?

We're playing "quid pro quo," not "Conservative gets to demand answers from Cardinal while ignoring his questions." So answer my question and I'll answer yours. Please provide a road map for today's university graduates for thriving in an economy in which there are vastly more applicants than job openings because the industrial base has moved overseas.

 

[iguanaman]

So sorry that you couldn't make it in the Reagan economy. I never did better.

1% of us did . I can't believe you call that a success. But Conservatives are very self-centered folk. It's why they can't get any traction in national elections. The jig is up. We gave trickle down a chance and it failed miserably for 99% of us.