Why did we also have economic problems under Bush I?
I recall him asking people to buy stuff on credit to boost the economy.
That sure worked out well in the long run didn't it?
LOL
I don't seem to remember Reagan spending trillions of dollars in 1982 to get out of that recession, unlike Obama is doing now. But you keep going back in history and you will find no one that has fucked this country up more than Obama has in such a short period of time.
Well, it took Bush 8 years to get us into this mess, you are blaming President Obama for not getting us out in 6 months!
No disrespect Jarod but that's just a lame argument. Show what Reagan inherited and his proposed remedies etc. If you want do the same for Obama and then compare the two. I can make just as lame an argument, for those of you who yelled at Reagan '81 how come you are aren't yelling at Obama now? It takes no intellectual ability to make such simplistic arguments.
Why was unemployment 11% in 1982, Regan (the master at economics to hear Republicans speak) had been president for two years already?????
Probably all those government workers that he fired.I think Jarod's point is that unemployment spiked two years after reagan took office, and obama's only been in office for six months.
If unemployment spikes two years into obama's term, he's going to be in trouble. But, I wonder why reagan presided over record unemployment two years into his term, but republicans don't blame him?
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Conservatives / republicans know no history, they live in a glenn beckian world of inane reactionary rhetoric. And ironically Reagan who was the worst president in modern times is their only hero. Notice even now they have no leaders. Greed and incompetence are unable to create leaders but that goes without saying.
http://www.opednews.com/articles/Ronald-Reagan-Worst-Presi-by-Robert-Parry-090605-584.html
http://firedoglake.com/2009/02/01/newsflash-ronald-reagan-raised-taxes-you-idiots/
that shit is getting weaker every month, ask 1 of the 2,000,000 that lost their jobs since Obama took office if they give a shit about Reagan first 6months.
My point, for those pretending not to understand, is that to judge the effect of President Obama's policies, you must give it some time. Those of you dying to jump on him now show a real desire to not have the economy get better and to hate the president no matter what.
If the economy were great now, you would be saying... well, see Bush was not that bad! You are loosing creditability!
Well no kidding ultimately he will be judged on his entire time in office but the nature of the beast is people want immediate results (not saying that's fair of course because it isn't). Obama also made comments to the effect of the stimulus is going to show immediate effects and therefore reasonable people can make judgements on its immediate results that Obama referenced.