George W. Bush is a 'God'

[PostmodernProphet]

1) NO HE DID NOT YOU IDIOT, The recession Reagan was dealing with was nothing like the one President Obama was dealing with.

2) Look at the numbers, it took Reagan a little over three years to get any signifigant signs of recovery!.

/shrugs....the majority of voters in 49 states disagreed with you..........

 

[PostmodernProphet]

lol, Anorexia groaned the results of the 1984 election.....I can sympathize.....if I was a liberal I'd be groaning every time I looked at it....

here's a clue for Jarod.....people didn't vote this way because Reagan failed to fix the Carter economy in three years......

 

[cancel2 2022]

lol, Anorexia groaned the results of the 1984 election.....I can sympathize.....if I was a liberal I'd be groaning every time I looked at it....

here's a clue for Jarod.....people didn't vote this way because Reagan failed to fix the Carter economy in three years......

I groaned the fact that you are so stupid as to think that was some kind of killer answer to Jarod's post.

 

[zappasguitar]

No, he was just on a mission from God. Said so himself.

So much for Yurt's pious whining about just "watning to debate"...

He starts a thread with a flame baiting OP filled with nonsense...and then when someone responds and attempts to clarify the OP's misconception, he runs away once again...typical.

 

[PostmodernProphet]

I groaned the fact that you are so stupid as to think that was some kind of killer answer to Jarod's post.

it was the "Egg McMuffin" of killer answers......

 

[Cancel 2016.2]

Obviously you need to be reminded of the Enron scandal, although I will give him his due for passing the Sarbanes-Oxley act albeit well after after the horse had bolted. However it proved to be pretty toothless in stopping the banks vastly profiting from sub prime paper and junk derivatives.

http://www.guardian.co.uk/world/2002/jan/13/usa.edvulliamy

The Enron Scandal? You mean the fraud that occurred in the late 90's and into 2001... then was blown out of the water by a whistle-blower? The fraud that occurred primarily under Clinton?

 

[Cancel 2016.2]

I am old enough to remember how Reagan and his gang blamed the terrable economy during his first three years on President Carter!

It takes three to four years to turn a regular recession around, this was no regular recession!

I guess they thought Carter was a God!

LMAO...

you might want to take a look at past recessions Jarod. They do NOT take 3-4 years to turn around.

The economic conditions inherited by Reagan were actually WORSE than that Obama faced. The difference between Reagan and Obama is that Reagan took the pain in the first two years of his Presidency while allowing Volcker's plan to kill inflation to work. Obama keeps trying to push the problem into the future so he doesn't have to deal with it.

 

[Cancel 2016.2]

Of course the rate of unemployment has slowed.
So many people have run the length of their available benefits, that they're no longer listed as receiving unemployment and thereofore aren't counted.

Kind of like the number of people losing their jobs has decreased. There aren't that many left to lay off or fire, without the businesses closing their doors.

FOR THE MILLIONTH TIME.... UNEMPLOYMENT BENEFITS HAVE NOTHING TO DO WITH HOW THE UNEMPLOYMENT RATE IS CALCULATED.

PERIOD.

 

[Cancel 2016.2]

1) NO HE DID NOT YOU IDIOT, The recession Reagan was dealing with was nothing like the one President Obama was dealing with.

You are correct. The economy was far worse when Reagan took office than when Obama did. That said, you are also wrong. Reagan DID turn the economy around in his first term and we saw substantial growth by his landslide re-election.

2) Look at the numbers, it took Reagan a little over three years to get any signifigant signs of recovery!.

Please Jarod.... post the numbers you are referencing.

 

[Cancel 2018. 3]

So much for Yurt's pious whining about just "watning to debate"...

He starts a thread with a flame baiting OP filled with nonsense...and then when someone responds and attempts to clarify the OP's misconception, he runs away once again...typical.

and once again zappa just bitches and moans

like i said....you want to debate? pick the topic, i'll start the thread. no insults, just pure debate. put up or shut up.

 

[Cancel 2018. 3]

It's clear that a single president is. Never fully responsae for the entire economy but the longer he serves the more effect he has on it, especially counting time when he is not being obstructed by the other party. Reagan had a Demorcatic congress, but they worked with him.

If you look at almost any chart of economic data you will see steady turning around for at least the last two years. At first the rate unemployment increased slowed, then it started decreasing and continues to do so!

we're mostly in agreement. thanks for the response.

 

[zappasguitar]

and once again zappa just bitches and moans

like i said....you want to debate? pick the topic, i'll start the thread. no insults, just pure debate. put up or shut up.

I DID pick the topic...

Is 10.1% unemployment WORSE than 8.6% unemployment.

For some reason though neither you nor PMP wants to discuss that very salient question.

 

[Cancel 2016.2]

1) NO HE DID NOT YOU IDIOT, The recession Reagan was dealing with was nothing like the one President Obama was dealing with.

2) Look at the numbers, it took Reagan a little over three years to get any signifigant signs of recovery!.

1981q1 20.0 8.6
1981q2 4.4 -3.2
1981q3 12.6 4.9
1981q4 2.2 -4.9
1982q1 -1.2 -6.4
1982q2 7.2 2.2
1982q3 4.2 -1.5
1982q4 4.7 0.3
1983q1 8.5 5.1
1983q2 12.5 9.3
1983q3 12.6 8.1
1983q4 11.8 8.5
1984q1 13.6 8.0
1984q2 10.8 7.1
1984q3 7.3 3.9

The second column Jarod is GDP growth by quarter (in 2005 dollars). Take a good hard look at Reagan's third year in office Jarod. Then go on telling us about how it took over three years for recovery in the economy. That GDP growth in 1983 led to the dropping unemployment rate that really picked up in 1984 that got Reagan re-elected in a landslide. (data from bea.gov)

 

[Cancel 2018. 3]

I DID pick the topic...

Is 10.1% unemployment WORSE than 8.6% unemployment.

For some reason though neither you nor PMP wants to discuss that very salient question.

that is the topic you want to debate? funny....because you sure want to run away from your claim that PMP is a liar for saying the UE is higher now than when obama took office.

however, since you chose the topic, i will respond in the other thread

 

[zappasguitar]

we're mostly in agreement. thanks for the response.

So you admit you're just siding with PMP because you're a hateful douchebag.

You disagree with PMP's statement that Obama has done nothing but make things worse

We might be able to have some productive discussions once you get past your obvious hatred of me.

 

[Cancel 2016.2]

1981 7.4 7.4 7.2 7.5 7.5 7.2 7.4 7.6 7.9 8.3 8.5
1982 8.6 8.9 9.0 9.3 9.4 9.6 9.8 9.8 10.1 10.4 10.8 10.8
1983 10.4 10.4 10.3 10.2 10.1 10.1 9.4 9.5 9.2 8.8 8.5 8.3
1984 8.0 7.8 7.8 7.7 7.4 7.2 7.5 7.5 7.3 7.4 7.2 7.3
1985 7.3 7.2 7.2 7.3 7.2 7.4 7.4 7.1 7.1 7.1 7.0 7.0
1986 6.7 7.2 7.2 7.1 7.2 7.2 7.0 6.9 7.0 7.0 6.9 6.6
1987 6.6 6.6 6.6 6.3 6.3 6.2 6.1 6.0 5.9 6.0 5.8 5.7
1988 5.7 5.7 5.7 5.4 5.6 5.4 5.4 5.6 5.4 5.4 5.3 5.3
1989 5.4

The above Jarod is the unemployment rate under Reagan.

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

The below is Obama...

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2009 7.8 8.3 8.7 8.9 9.4 9.5 9.5 9.6 9.8 10.0 9.9 9.9
2010 9.7 9.8 9.8 9.9 9.6 9.4 9.5 9.6 9.5 9.5 9.8 9.4
2011 9.1 9.0 8.9 9.0 9.0 9.1 9.1 9.1 9.0 8.9 8.7 8.5

 

[Cancel 2018. 3]

So you admit you're just siding with PMP because you're a hateful douchebag.

You disagree with PMP's statement that Obama has done nothing but make things worse

We might be able to have some productive discussions once you get past your obvious hatred of me.

why are you so dishonest? i replied to JAROD'S post, not PMP.

good lord.

 

[zappasguitar]

that is the topic you want to debate? funny....because you sure want to run away from your claim that PMP is a liar for saying the UE is higher now than when obama took office.

however, since you chose the topic, i will respond in the other thread

I never claimed PMP was a liar for saying unemployment is higher now than when Obama took office.

I said PMP was a liar for claiming that Obama had done nothing but make things worse.

 

[Jarod]

You are correct. The economy was far worse when Reagan took office than when Obama did. That said, you are also wrong. Reagan DID turn the economy around in his first term and we saw substantial growth by his landslide re-election.



Please Jarod.... post the numbers you are referencing.

I dont feel like finding the cites right now, I am tired, maybe tomorrow... But are you kidding, the economy was worse in 1980 than it was in 09'? The recession of the late 70's was worse than what we are just now comming out of?

 

[Cancel 2016.2]

I never claimed PMP was a liar for saying unemployment is higher now than when Obama took office.

I said PMP was a liar for claiming that Obama had done nothing but make things worse.

To look at the WORST month and then proclaim that because we are lower today means Obama hasn't made things worse is false. Reagan started with a 7.4 and at re-election it was back down to 7.4%. That is staying the same, though obviously at time expectations were for further improvement, hence the landslide.

Obama started at 8.3%. Unemployment is currently back down to 8.5%, while it is an improvement from the worst report, he still has a little bit to go to get back to even.