Unemployment: Obama vs REAGAN (OMG!!)

"There you go again" (Quoting your hero.) When out of facts you revert to the above crap. I never said or thought Carter's economy was better than Reagan's, I merely brought forth the myth of Reagan/Laffer 'Supply Side' Economics and its history of failure.
I don't have a limo any more.

only in your own little world
How does the longest expansion ever; not=great success
And how do you explain Reagan top 5 presidential listing?
 
Supply side was never implemented....we got the tax cuts but Tip O'Neil wouldn't come through with the spending cuts.....


Sorry, more myth, the facts are that Reagan never introduced a balanced budget, and those he submitted were reduced by Congress. He refused to raise taxes to balance his own budgets due to his adherence to Supply Side Economics exactly as did bushII.
 

I gave you the numbers and you came back with the Carter example

Carter is considered as one of the worst economic bust presidents of the last 50yrs and Reagan near the top.
Don't take my word check any list not by limosineliberalsareus.com
 
good lord, that's a pile of crap if I ever heard it......Tip O'Neil reduced nothing, unless it was a defense measure that he countered by doubling a domestic expenditure.....

The myth continues, you bought the line. Reagan never submitted a balanced budget. The amounts requested were reduced by Congress.
 
I gave you the numbers and you came back with the Carter example

Carter is considered as one of the worst economic bust presidents of the last 50yrs and Reagan near the top.
Don't take my word check any list not by limosineliberalsareus.com

My only mention of Carter was in correcting you on GDP numbers and even in that, I showed Carter's average increase was lower than Reagan's. I questioned your assessment of the years subsequent to Carter under 'Supply Side'. What I got was emotional childish gobbledegook. Worst or best is a subjective assessment unverified by facts. I made no comparison of Carter to Reagan as better or worse, you seem to fixate on it probably because it is Reagan's lowest common denominator. You made the claims about his economic policies, but you will not, cannot substantiate it with fact, and, of course, who cares if it led to a decline in the National Median Income? I know NAFTA fast track came under bushI and was signed by Clinton, but under whom and when was it initiated? And let's not forget about the recessions and depression that took place under the Supply Siders.
 
My only mention of Carter was in correcting you on GDP numbers and even in that, I showed Carter's average increase was lower than Reagan's. I questioned your assessment of the years subsequent to Carter under 'Supply Side'. What I got was emotional childish gobbledegook. Worst or best is a subjective assessment unverified by facts. I made no comparison of Carter to Reagan as better or worse, you seem to fixate on it probably because it is Reagan's lowest common denominator. You made the claims about his economic policies, but you will not, cannot substantiate it with fact, and, of course, who cares if it led to a decline in the National Median Income? I know NAFTA fast track came under bushI and was signed by Clinton, but under whom and when was it initiated? And let's not forget about the recessions and depression that took place under the Supply Siders.

I put the GDP numbers up and the fact that it's the longest expansion ever. your an emotional hack.
 
I put the GDP numbers up and the fact that it's the longest expansion ever. your an emotional hack.

You referring to another's emotion and hackery after you have exhibited yours is comical. One need only to read back in this thread to see the comedy.
The GDP numbers you put up were wrong according to the Dept of Commerce as well as being but a snapshot. You also ignored the recessions and near depression that accompanied the 'Supply Side' voodoo, nor do you consider its negative effect on the country and people to be important. You claim the success of 'Supply Side' without substantiation, and you fail to define what you call "the longest expansion ever" the credit for which you give entirely to Reagan. Talk about hack!
 
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not unless it was a cut in defense....

Whatever the cuts, they were from deficit budgets(all of them) presented by Reagan, which, by the way, were accompanied by some very creative numbers to try to minimize the true amounts of deficits of hundreds of billions.
Also hidden were underground, unaccounted for Ollie North dollars.
 
You referring to another's emotion and hackery after you have exhibited yours is comical. One need only to read back in this thread to see the comedy.
The GDP numbers you put up were wrong according to the Dept of Commerce as well as being but a snapshot. You also ignored the recessions and near depression that accompanied the 'Supply Side' voodoo, nor do you consider its negative effect on the country and people to be important. You claim the success of 'Supply Side' without substantiation, and you fail to define what you call "the longest expansion ever" the credit for which you give entirely to Reagan. Talk about hack!

your an ass incapable of understanding the numbers.
Reagan was a social wreck for the country, he was great for the economy.
If you don't get it, my guess is your a young guy blinded by liberal professors. I lived through it, the numbers are not disputable.
 
I don't give a rip what the unemployment rate was under Reagan. I don't care what it was under Bush I, Clinton, or Bush II. None of them are President. None of them swore that the unemployment rate would stay below 8% if their stimulus package were passed. Obama did. This is on him. Welcome to the Obama economy.
 
I don't give a rip what the unemployment rate was under Reagan. I don't care what it was under Bush I, Clinton, or Bush II. None of them are President. None of them swore that the unemployment rate would stay below 8% if their stimulus package were passed. Obama did. This is on him. Welcome to the Obama economy.

Not only that, I think those idiots had like 4.5% growth (not sure of the exact number) from like mid year on.
Smoke and mirrors in his budget.
 
I don't give a rip what the unemployment rate was under Reagan. I don't care what it was under Bush I, Clinton, or Bush II. None of them are President. None of them swore that the unemployment rate would stay below 8% if their stimulus package were passed. Obama did. This is on him. Welcome to the Obama economy.

excellent point
 
lol

"The Obama economy." Saying that Obama owns the unemployment that started dropping off hugely under Bush (and is now slowing WAAAAY down) is a sure sign that you can stop listening to anything else that person says, ever.

If unemployment isn't back to Bush levels by the end of his 4 years, I'll be with you. But give me a fucking break.
 
lol

"The Obama economy." Saying that Obama owns the unemployment that started dropping off hugely under Bush (and is now slowing WAAAAY down) is a sure sign that you can stop listening to anything else that person says, ever.

If unemployment isn't back to Bush levels by the end of his 4 years, I'll be with you. But give me a fucking break.

You must be on crack.
 
lol

"The Obama economy." Saying that Obama owns the unemployment that started dropping off hugely under Bush (and is now slowing WAAAAY down) is a sure sign that you can stop listening to anything else that person says, ever.

If unemployment isn't back to Bush levels by the end of his 4 years, I'll be with you. But give me a fucking break.
LOL, yet Obama promised that unemployment wouldn't go above 8%, and now it's well over 10 and getting worse every month.

When will the Obots take responsibility?
 
LOL, yet Obama promised that unemployment wouldn't go above 8%, and now it's well over 10 and getting worse every month.

When will the Obots take responsibility?

How strange it is that the right wing of America believe Obama to be a magician.
Too stupid, I suppose, to understand that there is no such thing as magic.
 
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