APP - The Bush Recession... Much worse than the Carter Recession was!

Jarod

Jarod

Well-known member
Contributor
Wow, all those Republicans who blamed Carter for the poor economic times just after he left office.... are in a pickle now arnt they?


If what they have been shouting for years about Carter is true... Its 10x's worse for Bush, right?


See what Conservatism will do the the economy?
 
Jarod said:
Wow, all those Republicans who blamed Carter for the poor economic times just after he left office.... are in a pickle now arnt they?


If what they have been shouting for years about Carter is true... Its 10x's worse for Bush, right?


See what Conservatism will do the the economy?
Click to expand...

I blame the Federal Reserve
 
Jarod said:
Wow, all those Republicans who blamed Carter for the poor economic times just after he left office.... are in a pickle now arnt they?


If what they have been shouting for years about Carter is true... Its 10x's worse for Bush, right?


See what Conservatism will do the the economy?
Click to expand...

From 2001 to 2009 all private sector job growth in the previous ten years had all but disappeared from 25% in the previous period to 2% at the start of 2009 - Bureau of Labor Statistics
 
Jarod said:
Wow, all those Republicans who blamed Carter for the poor economic times just after he left office.... are in a pickle now arnt they?


If what they have been shouting for years about Carter is true... Its 10x's worse for Bush, right?


See what Conservatism will do the the economy?
Click to expand...
Maybe you're too young to remember Carter's economy, with interest rates at 21%, gas lines around the block, inflation and unemployed rampant, and US diplomats held hostage for over 400 days. Or maybe you're so old you forgot. LOL

Bush was hardly fiscally conservative. *shrug*
 
belme1201 said:
From 2001 to 2009 all private sector job growth in the previous ten years had all but disappeared from 25% in the previous period to 2% at the start of 2009 - Bureau of Labor Statistics
Click to expand...

So any job growth was pretty much because of govt spending?
 
Jarod said:
Wow, all those Republicans who blamed Carter for the poor economic times just after he left office.... are in a pickle now arnt they?


If what they have been shouting for years about Carter is true... Its 10x's worse for Bush, right?


See what Conservatism will do the the economy?
Click to expand...

From 2001 to 2009 private sector job growth in the previous ten years had all but disappeared from 25% in the previous period to 2% at the start of 2009 - Bureau of Labor Statistics
By the way, for comparison, the number was about 25% when Carter left office, down to 17% during Reagan's first term, rising to 30% in 85 then declining to 24% to begin bush I. Though Reagan had reached 30% during his tenure, he left office with job creation at appr. the same rate as when Carter left office
 
Southern Man said:
Maybe you're too young to remember Carter's economy, with interest rates at 21%, gas lines around the block, inflation and unemployed rampant, and US diplomats held hostage for over 400 days. Or maybe you're so old you forgot. LOL

Bush was hardly fiscally conservative. *shrug*
Click to expand...

Unemeplyment not as rampant as now.
And artificially low interest rates helped this recession to happen.
 
Carter stated that no man responsible for giving a country a misery index that high had a right to even ask to be President. Carter won the 1976 election. However, by 1980, when President Carter was running for re-election against Ronald Reagan, the Misery Index had reached an all-time high of 21.98%. Carter lost the election to Reagan.
 
Southern Man said:
Maybe you're too young to remember Carter's economy, with interest rates at 21%, gas lines around the block, inflation and unemployed rampant, and US diplomats held hostage for over 400 days. Or maybe you're so old you forgot. LOL

Bush was hardly fiscally conservative. *shrug*
Click to expand...

Nobody's forgetting anything, time distorts, but numbers don't lie. Check the employment numbers, e.g.
Whatever bush was, he was yours.
 
Southern Man said:
Maybe you're too young to remember Carter's economy, with interest rates at 21%, gas lines around the block, inflation and unemployed rampant, and US diplomats held hostage for over 400 days. Or maybe you're so old you forgot. LOL

Bush was hardly fiscally conservative. *shrug*
Click to expand...

I love how now they try to disavow Bush!
 
Topspin said:
Carter stated that no man responsible for giving a country a misery index that high had a right to even ask to be President. Carter won the 1976 election. However, by 1980, when President Carter was running for re-election against Ronald Reagan, the Misery Index had reached an all-time high of 21.98%. Carter lost the election to Reagan.
Click to expand...
Perhaps Obama will lose to Palin with the same magnitude. :)
 
belme1201 said:
Nobody's forgetting anything, time distorts, but numbers don't lie. Check the employment numbers, e.g.
Whatever bush was, he was yours.
Click to expand...
I'm a conservative first, Republican distant second. I'm on record as far back as 2000 that Bush was a better politician than a conservative.
 
Southern Man said:
I'm a conservative first, Republican distant second. I'm on record as far back as 2000 that Bush was a better politician than a conservative.
Click to expand...

I love how they are trying to say that America's most conservative president ever was not a real conservative not that the conservative agenda failed miserably!


Ha...... Love it!
 
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