Ronald Reagan Documentary

DamnYankee said:
No, what I say about the Civil War is that when you look at the facts the perceived notion of many is incorrect. Same with Carter. Look at the facts and sentient beings come to the conclusion that he was the worst president in my lifetime.
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If you think either Carter or Obama was worse then Nixon then your a moron of the first order. Hell even Dubya wasn't as bad as Nixon.
 
Mott the Hoople said:
No, I just appreciate the truth and the facts and not some lame assed mythology. BTW.....I voted for Reagan twice. I don't regret voting for him the first time but I regreted voting for him on his second term when he broke the law and lied to the nation about it. He was damned lucky he wasn't impeached for that.
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ROFLMAO... yet you IGNORE the FACTS and cling to your MYTH about Carter inheriting stagflation.
 
Superfreak said:
Seriously? That is how you wish to defend Carter, by pointing out one of his biggest errors? fighting inflation was the top priority. High inflation is the death knell to any economy. 7.5% unemployment was certainly not good nor where anyone wanted it to be. But he should have continued hammering at inflation. It was at 5.2% when he took office in January of 1981. As your 'cliff notes' stated, he reversed Ford's policy of dealing with inflation and what happened?

Inflation rates in 1978 began creeping ever higher, despite a relatively stagnant price of oil (inflation adjusted it actually dropped a couple bucks per barrel, but not enough to make a difference). Add in the energy policy of Carter and the OPEC oil increases in 1979 and you had a recipe for disaster... which is precisely what we got. Double digit inflation and unemployment running back up to 7.5% by the time he left office. So in the end... Carter left with the same unemployment rate as when he took office, yet instead of 5.2% inflation, he left us at a 11.8% rate of inflation.
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Carter took office in 1977 not 1981 but you know that.

I am making the point that there was stagflation in the system when Carter took over, Ford had managed to reduce inflation somewhat but the underlying causes were still very much there. There was huge pressure on Carter to reduce unemployment as indeed there is for Obama now.

Another factor that you haven't mentioned is the boost that Reagan received from the oil glut caused by the lessening demand and conservation measures which happened under Carter.
 
Aoxomoxoa said:
Carter took office in 1977 not 1981 but you know that.
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Yes, I know that. Just a typing error.

I am making the point that there was stagflation in the system when Carter took over, Ford had managed to reduce inflation somewhat but the underlying causes were still very much there. There was huge pressure on Carter to reduce unemployment as indeed there is for Obama now.
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So 4% plus GDP growth for the first couple of years of Carters term and the year prior to his term somehow equates to stagflation to you?

Ford reduced it 'somewhat'? He cut it in half. Not to bad for someone that had to clean up after Nixon. I don't disagree that there was pressure on Carter. In fact, I think it highlights my point of him being a horrible President. He, like Obama does today, caved. He, like Obama today, had NO idea what to do. He, like Obama today, failed as a President.

Another factor that you haven't mentioned is the boost that Reagan received from the oil glut caused by the lessening demand and conservation measures which happened under Carter.
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LMAO... yeah, as with any recession, demand drops. But it was hardly due to conservation measures. In 1979 Carter signed an order removing price controls on oil effective in October of 1981 (funny how he pushed that beyond the election and well into what might have been his second term.... sounds quite familiar to what our current President keeps doing) When Reagan took office, he removed it immediately rather than waiting until October. He also lowered the windfall profit tax on oil companies (sound familiar?) which helped remove disincentives to investing in domestic production. He also benefited from ANWR coming into peak production (though if Carter hadn't restricted ANWR, it could have been greater)
 
DamnYankee said:
Don't blame the keyboard. Just admit you fucked up. No big deal.
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Thank you poet for your nonsensical reply. Here is a bit of education for you. When I say I made a typing error, it means I typed the wrong thing. It does not mean the keyboard magically took over my computer and created the error on its own. but thanks for proving my point on how similar you and poet are.
 
Superfreak said:
Thank you poet for your nonsensical reply. Here is a bit of education for you. When I say I made a typing error, it means I typed the wrong thing. It does not mean the keyboard magically took over my computer and created the error on its own. but thanks for proving my point on how similar you and poet are.
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Except it wasn't a typing error, because, although the 8 is next to the 7, the 1 is very far away. Stop being like Poet and just admit when you fucked up.
 
DamnYankee said:
Apparently not clear enough to impeach.
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The law he broke, in illegally selling arms to Iran, certainly did not arise to the level of high crimes and misdemeanors and thus was not an impeachable offense. However, had evidence been found that Reagan was aware of or other wise knew that the profits from the Iranian arms sale were being funneled to the Contras then he would have certainly been impeached. So he certainly skated on thin ice.
 
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