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It really is a shame, doubt that the 25 million unemployed and under employed Americans are laughing.
How did I show my "inability go do research?" when I post numbers, I give people verifiable links instead of "(bls.gov)"
I keep going back to the Reagan FIT as it proves you are a liar.
My point had nothing to do with laughing about unemployed or underemployed people anywhere. I was laughing at the tit for tat. But if you couldn't see that, well then you are blind. Thanks for taking my comment out of context.
Then read what you post before hitting the enter key. How will your words be interpreted by others?
Since you weren't around during the Reagan term or were too young guess that is what I would expect from the liberal education you are receiving today. Recession began in July 1981 so what economic policy did Reagan have in place and passed by Congress to generate those numbers? Reagan economic policy wasn't passed until the fourth qtr of 1981 so of course he is responsible for everything prior to that right? That seems to be liberal logic. I know this is hard for you to understand but the recession ended in November 1982 which is the first quarter of fiscal year 1983. Hard for a liberal to understand so take notes
Fiscal year of the United States runs from October 1 to September 30. See if you can put those results into proper context.
The international array of unemployment rates underwent some major changes in rankings in the late 1970's to early 1980's
The teenage-to-adult unemployment ratio also narrowed steadily between 1980 and 1983 in all countries studied except Italy and Sweden .
In the United States, the number of persons working part time for economic reasons (persons on reduced hours as well as persons employed in part-time jobs who want fulltime work) rose between 1980 and 1983 .
Joblessness in the United States rose steadily from 1980 through the end of 1982 . The unemployment rate peaked in the fourth quarter of 1982 at 10 .6 percent, the highest quarterly rate recorded in the post-World War II era. At the beginning of 1983, joblessness began moving downward
It's not even the same type of recession! Look at those unemployment numbers! They aren't even close. Also:
http://www.bls.gov/opub/mlr/1985/08/art2full.pdf
That's a positive trend that started before he became president.
That's a positive trend that started before he became president.
Oh, look, the rate rose from 1980 - not mid 1981 - until the fourth quarter of 1982. That's from 1980 until October of 1982.
And wouldn't you know, unemployment really began to rise in this recession in Jan 2008 and hit its peak in Nov of 2010. Wow, Obama took one extra month in a decidedly worse recession.
Nice spin and again out of context. Try thinking about the economic conditions would have affected you had you been living during that period of time, inflation, interest rates, and rising unemployment. The misery index was 19.33 when Obama took office and rose due to the fact that the Reagan economic plan wasn't implemented until the first qtr of fiscal year 1982 something you want to ignore. How would you like paying 17.5% home interest rates? How would you like paying high inflation rates for everything you bought? The American people were hurt a lot more by the economy that Reagan inherited than the economy that Obama helped create and the results are quite different as well. Reagan ended up creating 17 million jobs and had a net job growth two years after the recession ended. Obama has a net job loss two years after the end of the recession
That is reality
The Iranian Revolution sharply increased the
price of oil around the world in 1979, causing
the 1979 energy crisis. This was caused by the
new regime in power in Iran, which exported oil
at inconsistent intervals and at a lower volume,
forcing prices to go up. Tight monetary policy
in the United States to control inflation led to
another recession. The changes were made
largely because of inflation that was carried
over from the previous decade due to the 1973
oil crisis and the 1979 energy crisis
Blah, blah blah. By the way:
http://www.innlightmarketing.com/recessionary_marketing/pdf/List%20of%20US%20Recessions.pdf
Early 1980s recession 1980–1982 2 year
Please explain how that crisis is similar to what Obama faced, and what policies Reagan put into place, why he put them into place, what they did to help the economy, and what Obama should have done as well.
Oh, look, the rate rose from 1980 - not mid 1981 - until the fourth quarter of 1982. That's from 1980 until October of 1982.
And wouldn't you know, unemployment really began to rise in this recession in Jan 2008 and hit its peak in Nov of 2010. Wow, Obama took one extra month in a decidedly worse recession.
65636 | 65931 | 66341 | 66655 | 66957 | 67281 | 67537 | 67746 | 68129 | 68331 | 68658 | 68870 | |
68984 | 69277 | 69730 | 70366 | 70675 | 71099 | 71304 | 71590 | 71799 | 72096 | 72497 | 72763 | |
72874 | 73107 | 73524 | 73441 | 73800 | 74063 | 74064 | 74067 | 74195 | 74344 | 74401 | 74489 | |
74599 | 74653 | 74695 | 74263 | 73961 | 73654 | 73414 | 73682 | 73875 | 74099 | 74350 | 74563 | |
74671 | 74752 | 74910 | 75016 | 75088 | 75323 | 75419 | 75448 | 75440 | 75302 | 75084 | 74811 | |
Obama is blaming the Arab Spring and other world events as a reason his economic policies haven't produced the results promised. Reagan took charge and changed the attitude of the American people. That is leadership, something liberals don't understand.
Obama is blaming the Arab Spring and other world events as a reason his economic policies haven't produced the results promised. Reagan took charge and changed the attitude of the American people. That is leadership, something liberals don't understand.
Regan traded arms with a terrorist nation.
Since you weren't around during the Reagan term or were too young guess that is what I would expect from the liberal education you are receiving today. Recession began in July 1981 so what economic policy did Reagan have in place and passed by Congress to generate those numbers? Reagan economic policy wasn't passed until the fourth qtr of 1981 so of course he is responsible for everything prior to that right? That seems to be liberal logic. I know this is hard for you to understand but the recession ended in November 1982 which is the first quarter of fiscal year 1983. Hard for a liberal to understand so take notes
That didn't answer ****. Look, if you are going to compare Reagan's policies and his recession to Obama's policies and our recession, then you need to show some correlation. In what ways were they similar? In what ways did Reagan implement policies that positively affected the economy? In what ways would those policies have affected this economy? Why does the time Reagan took to curb unemployment positive for you, but when it took the same under Obama it is spin?
You left out the fact that Reagan had do get his economic policy passed in a Democratically held Congress. BHO had the benefit of a Congress that was held by his party, and a filibuster-proof Senate until Ted passed.
The correlation is in the growth in jobs during the Reagan administration and the reduction of jobs in the Obama Administration for the same period of time. Leadership, leadership, leadership!! Obama doesn't even know how to spell the word.
You left out the fact that Reagan had to get his economic policy passed in a Democratically held Congress. BHO had the benefit of a Congress that was held by his party, and a filibuster-proof Senate until Ted passed.
Your fixation on Reagan and Bush is interesting but won't divert from the Obama record
Obama had half of fiscal year 2009 to implement his policies which his Administration would keep unemployment from exceeding 8%
This is like talking with a child. Can I assume you have no idea then? I don't know any other conclusion to draw from someone who says, "If this guy had done what that guy did the economy would be fine right now", and then asked what that is you can't even provide a straight answer. Do 30 minutes of research and come back with a canned response, and then I'll dismantle it when I get home, just like I do with all of your other rhetoric.
If it was filibuster proof, then why did he get filibustered on multiple occasions? Here is a google search of "Obama Filibuster 2009". Also, what policies are you referring to that Reagan passed that aided the economy that Obama did not?
Why? Because he couldn't sell his own party and had to have some democrats support the Republicans. When did Reagan or Bush have the overwhelming numbers that Obama had?
What amazes me is that you seem too support the Obama record yet ignore the costs to generate that record
I thought they did implement a policy. Spend 1 trillion dollars and ram health care down our throats. I just don't think the policy worked.
If it was filibuster proof, then why did he get filibustered on multiple occasions? Here is a google search of "Obama Filibuster 2009". Also, what policies are you referring to that Reagan passed that aided the economy that Obama did not?
What amazes me is that you if Obama was like Reagan we'd be out of this recession, but you can't name one policy that Reagan implemented that helped.
If Obama had any private sector or leadership skills, yes we would be growing today and out of the recession. The Reagan economic policy was centered around the tax rate cuts of 25% over three years. That showed the American people he believed in them and the results speak for themselves.
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