Why FDR Was the Best President We Ever Had

[cawacko]

Ok, so more home builders and more brokers in competition are a bad thing? The liar loans hurt those who couldn't afford them. But all this still doesn't address that we have a higher percentage of home ownership today and we did in 1960. I'm not trying to be obtuse but I do not understand what point you are trying to argue. You want to say it's harder to own a home yet the numbers show otherwise.

Jet, I'm a real estate guy so that's why your comments here interest me. I'm bumping this because I'm curious to hear your response.

 

[Truth Detector]

(chuckle)

Revisionist?

Thruth dude.

Yes; do you make up your own versions or do you get them fed to you by leftist blogs?

Unemployment rates during the Reagan Presidency; source BLS:

1981 7.6%
1982 9.7%
1983 9.6%
1984 7.5%
1985 7.2%
1986 7.0%
1987 6.2%
1988 5.5%

I can't find anything OVER 10% as you falsely claimed; so where do you get your information and data?

 

[Truth Detector]

The National Motor Carier Act of 1980. Read up.

What about it? How does it support your fabricated claims?

 

[evince]

"Is that math you do just to make republican feel better"

 

[cawacko]

Yes; do you make up your own versions or do you get them fed to you by leftist blogs?

Unemployment rates during the Reagan Presidency; source BLS:

1981 7.6%
1982 9.7%
1983 9.6%
1984 7.5%
1985 7.2%
1986 7.0%
1987 6.2%
1988 5.5%

I can't find anything OVER 10% as you falsely claimed; so where do you get your information and data?

Unemployment peaked at 10.8% at the end of 1982.

 

[Cancel 2016.2]

Reagan ran it up to over 10% for three years.

wrong... it was over 10% for less than a year. It was a result of Volcker enacting the policies that Carter was too afraid to do in order to kill inflation. Reagan let him do it and the recession was a result. But the double digit inflation of Carter was killed as a result. By the time Reagan's first term was over it was down 7.2 and by the time he left office it was down to 5.2%

http://data.bls.gov/pdq/SurveyOutputServlet

 

[Cancel 2016.2]

Yes; do you make up your own versions or do you get them fed to you by leftist blogs?

Unemployment rates during the Reagan Presidency; source BLS:

1981 7.6%
1982 9.7%
1983 9.6%
1984 7.5%
1985 7.2%
1986 7.0%
1987 6.2%
1988 5.5%

I can't find anything OVER 10% as you falsely claimed; so where do you get your information and data?

you are looking at annual numbers... and you are right, it never averaged that for a calendar year. However in late 82-mid 83 it was over 10%

http://data.bls.gov/pdq/SurveyOutputServlet

 

[PostmodernProphet]

Reagan ran it up to over 10% for three years.

which was clever of him, since he started while Carter was still president.....

 

[PostmodernProphet]

The National Motor Carier Act of 1980. Read up.

is that the law that made Ted Kennedy president?......

 

[evince]

http://theweek.com/article/index/247806/how-obamas-economic-recovery-stacks-up-against-reagans


How Obama's economic recovery stacks up against Reagan's

Yes, it's a competition


By Jon Terbush | August 2, 2013

 

[Truth Detector]

Unemployment peaked at 10.8% at the end of 1982.

No; according to CEPR: In 1982, the United States experienced the highest annual unemployment rate since the Great
Depression – 9.7 percent.

Do you have a better source? BLS data also supports the 9.7% rate.

 

[Truth Detector]

you are looking at annual numbers... and you are right, it never averaged that for a calendar year. However in late 82-mid 83 it was over 10%

http://data.bls.gov/pdq/SurveyOutputServlet

Wednesday, March 19, 2014 2:03 PM

The database is currently unavailable.

Your request was invalid for this Data Access Service. Please attempt other data requests. Thank you for using LABSTAT.

 

[cawacko]

""The labor force participation rate—which measures the proportion of the population at work or looking—had been rising throughout the 1970s, but it took a drop down, to 63.5%, as the latter recession came. Unemployment, at 7.5% when Reagan took office, shot all the way up to 10.8% within a year and a half.""

http://www.forbes.com/sites/briando...reation-obama-doesnt-hold-a-candle-to-reagan/


Just Google it. There are plenty of articles about it.

 

[cawacko]

No; according to CEPR: In 1982, the United States experienced the highest annual unemployment rate since the Great
Depression – 9.7 percent.

Do you have a better source? BLS data also supports the 9.7% rate.

That's annual. It hit 10.8% for two months I believe in 1982.

 

[jet57]

Citation please.

http://thinkprogress.org/politics/2011/02/05/142288/reagan-centennial/

3. Unemployment soared after Reagan’s 1981 tax cuts. Unemployment jumped to 10.8 percent after Reagan enacted his much-touted tax cut, and it took years for the rate to get back down to its previous level. Meanwhile, income inequality exploded. Despite the myth that Reagan presided over an era of unmatched economic boom for all Americans, Reagan disproportionately taxed the poor and middle class, but the economic growth of the 1980′s did little help them. “Since 1980, median household income has risen only 30 percent, adjusted for inflation, while average incomes at the top have tripled or quadrupled,” the New York Times’ David Leonhardt noted.

http://thinkprogress.org/politics/2011/02/05/142288/reagan-centennial/

3. Unemployment soared after Reagan’s 1981 tax cuts. Unemployment jumped to 10.8 percent after Reagan enacted his much-touted tax cut, and it took years for the rate to get back down to its previous level. Meanwhile, income inequality exploded. Despite the myth that Reagan presided over an era of unmatched economic boom for all Americans, Reagan disproportionately taxed the poor and middle class, but the economic growth of the 1980′s did little help them. “Since 1980, median household income has risen only 30 percent, adjusted for inflation, while average incomes at the top have tripled or quadrupled,” the New York Times’ David Leonhardt noted.

http://www.forbes.com/sites/peterferrara/2011/05/05/reaganomics-vs-obamanomics-facts-and-figures/

Three worsening recessions starting in 1969 were about to culminate in the worst of all in 1981-1982, with unemployment soaring into double digits at a peak of 10.8%.

This chart gives a great picture of the unemployment rates from 1948 – 2014. Ronald Regan ran the highest rates since the depression.

http://research.stlouisfed.org/fred2/data/UNRATE.txt

1981-11-01 8.3
1981-12-01 8.5
1982-01-01 8.6
1982-02-01 8.9
1982-03-01 9.0
1982-04-01 9.3
1982-05-01 9.4
1982-06-01 9.6
1982-07-01 9.8
1982-08-01 9.8
1982-09-01 10.1
1982-10-01 10.4
1982-11-01 10.8
1982-12-01 10.8
1983-01-01 10.4
1983-02-01 10.4
1983-03-01 10.3
1983-04-01 10.2
1983-05-01 10.1
1983-06-01 10.1
1983-07-01 9.4
1983-08-01 9.5
1983-09-01 9.2

As the chart shows, under Obama the rate has dropped back to a 1974 rate. So clearly Obama’s policies are working. The rate immediately after Reagan takes office begins to climb. From 1948 until the Oil embargo of 1974, the unemployment rate goes to only moderately high, from 3.2% to 7.2% in 1974. This validates FDR’s genius in domestic policy as through the American labor movement employees were much better equipped to take charge of their own work with very minimal help from the government. Ronald Reagan destroyed all of that when his unwritten policies of financializing the American economy through Wall Street has of course led to nothing but disaster and all of the rights that FDR called for have been stripped away.

 

[Truth Detector]

http://theweek.com/article/index/247806/how-obamas-economic-recovery-stacks-up-against-reagans

How Obama's economic recovery stacks up against Reagan's

Yes, it's a competition

By Jon Terbush | August 2, 2013

You really are an economics dunce as well as a vulgar brain dead luantic.

Job creation Reagan 1981-1985 = 5.322 million
Job creation Reagan 1985-1989 = 10.780 million

Job creation Obama 2009-2013 = 1.208 million.

Average per capita GDP growth:

Reagan = 2.65%
Obama = -.42%

Under Ronald Reagan’s watch, businesses expanded operations by enough to boost GDP per capita by about $5,400 per capita, about a 25% improvement over the Jimmy Carter experience.

So far, business expansion under Barack Obama’s watch has been poor, expanding by about $1,600 over the past four years. The average of about $400 per person through the first four years of a presidency is second worst in recent history, ahead of only Bush I’s first four years.

http://www.valuewalk.com/2012/10/gdp-growth-by-president-how-does-barack-obama-compare/

 

[Truth Detector]

Reagan ran it up to over 10% for three years.

there's a good reason for leaving it out.....it isn't true.....when Reagan took office unemployment was on the way up due to Jimmy.....Reagan brought it back DOWN to 5%.....

http://www.washingtonpost.com/wp-srv/special/business/us-unemployment-rate-history/

wrong... it was over 10% for less than a year. It was a result of Volcker enacting the policies that Carter was too afraid to do in order to kill inflation. Reagan let him do it and the recession was a result. But the double digit inflation of Carter was killed as a result. By the time Reagan's first term was over it was down 7.2 and by the time he left office it was down to 5.2%

http://data.bls.gov/pdq/SurveyOutputServlet

You're missing his original lie with the semantics common when debating a Liberal; his claim: Reagan ran it up to over 10% for three years

 

[Truth Detector]

http://thinkprogress.org/politics/2011/02/05/142288/reagan-centennial/

http://thinkprogress.org/politics/2011/02/05/142288/reagan-centennial/

http://www.forbes.com/sites/peterferrara/2011/05/05/reaganomics-vs-obamanomics-facts-and-figures/

This chart gives a great picture of the unemployment rates from 1948 – 2014. Ronald Regan ran the highest rates since the depression.

http://research.stlouisfed.org/fred2/data/UNRATE.txt

1981-11-01 8.3
1981-12-01 8.5
1982-01-01 8.6
1982-02-01 8.9
1982-03-01 9.0
1982-04-01 9.3
1982-05-01 9.4
1982-06-01 9.6
1982-07-01 9.8
1982-08-01 9.8
1982-09-01 10.1
1982-10-01 10.4
1982-11-01 10.8
1982-12-01 10.8
1983-01-01 10.4
1983-02-01 10.4
1983-03-01 10.3
1983-04-01 10.2
1983-05-01 10.1
1983-06-01 10.1
1983-07-01 9.4
1983-08-01 9.5
1983-09-01 9.2

Dear dunce; here was your claim: Reagan ran it up to over 10% for three years

How does the data above support your bullshit?

As the chart shows, under Obama the rate has dropped back to a 1974 rate. So clearly Obama’s policies are working.

One can only make such a claim in a vacuum of reality and the facts. It never occurs to you that the job participation rate is the lowest it has been since 1978. What this means for economic dunces who get fed their talking point is that the ONLY reason the rate isn't above 13% right now is because so many have given up even trying to find a job and no longer looking.

This was NOT the case during the economic recovery during the Reagan Presidency where labor participation rates increased for his entire Presidency and he had to deal with a Democrat Controlled Congress which declared ALL of his budgets DOA.

The rate immediately after Reagan takes office begins to climb.

The rate was climbing when he came into office dunce. If you read your own source from Forbes; he inherited a WORSE economic situation than Obama AND, unlike Obama, had a hostile Democratic controlled Congress to deal with.

From 1948 until the Oil embargo of 1974, the unemployment rate goes to only moderately high, from 3.2% to 7.2% in 1974. This validates FDR’s genius in domestic policy as through the American labor movement employees were much better equipped to take charge of their own work with very minimal help from the government.

This is pure unadulterated bullshit.

Ronald Reagan destroyed all of that when his unwritten policies of financializing the American economy through Wall Street has of course led to nothing but disaster and all of the rights that FDR called for have been stripped away.

More unadulterated bullshit; you just can't help but erupt with such nonsense can you?

 

[christiefan915]

we have a winner. ideology isn't important, matching the right policies to the contemporary problems are.
Partisanship is just looking at the world thru a biased mind. It's a good way to dumb down one's thoughts

Hi annatal! Good to see you again.

 

[Truth Detector]

That's annual. It hit 10.8% for two months I believe in 1982.

You're once again forgetting the original false claim; Reagan ran it up to over 10% for three years

I called the bullshit and used averages because they make a better picture than looking at month to month. When someone says "for three years", I look at annual averages.