jc100
join:2002-04-10
1 edit | reply to ib50MbSoon
Re: And in a year they'll be wishing they hadn't
Actually, Regan ran things in 1982. Wikipedia isn't a source. Regan took office in 1982 and if you so look at bls.gov, it goes to show that Reganomics were a failure, and all years under Regan saw MASSIVE unemployment.
January 20, 1977 – January 20, 1981 - Carter's term
January 20, 1981 – January 20, 1989 - Regan's term
Now go here and type in the years 1970-1989
»data.bls.gov/PDQ/servlet/SurveyOutputServlet
Now only will you see Carter inherited similar numbers when he took office, but they began to fall significantly during his administration. Towards the end, numbers resettled back at pre Carter figures. However, it wasn't until the second and third year of Regan Administration late 1982 / 1983 we saw double digits. Reganomics sucked. Star wars, and his whole plan was a failure. Carter is not to blame for this one. |
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Alpine
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Atlanta, GA | Wow... Can't remember the last time someone actually defended the Carter administration. There's a reason for that. |
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wifi4milez
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said by jc100  :Now only will you see Carter inherited similar numbers when he took office, but they began to fall significantly during his administration. Towards the end, numbers resettled back at pre Carter figures. However, it wasn't until the second and third year of Regan Administration late 1982 / 1983 we saw double digits. Reganomics sucked. Star wars, and his whole plan was a failure. Carter is not to blame for this one. HA! Thanks for the mid morning laugh. I hope you really dont believe everything you just wrote....
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viperlmw
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said by jc100 :Actually, Regan ran things in 1982. Wikipedia isn't a source. Regan took office in 1982 and if you so look at bls.gov, it goes to show that Reganomics were a failure, and all years under Regan saw MASSIVE unemployment. January 20, 1977 – January 20, 1981 - Carter's term January 20, 1981 – January 20, 1989 - Regan's term Now go here and type in the years 1970-1989 » data.bls.gov/PDQ/servlet/SurveyOutputServletNow only will you see Carter inherited similar numbers when he took office, but they began to fall significantly during his administration. Towards the end, numbers resettled back at pre Carter figures. However, it wasn't until the second and third year of Regan Administration late 1982 / 1983 we saw double digits. Reganomics sucked. Star wars, and his whole plan was a failure. Carter is not to blame for this one. QFT! |
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footballdude
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said by jc100 :Reganomics sucked. Star wars, and his whole plan was a failure. Carter is not to blame for this one. As someone that wasn't a baby in 1982 and lived through the times in question, I can tell you that you don't have a clue. The nation SUFFERED under Ford and Carter and recovered greatly under Reagan. It wasn't until George Bush the elder foolishly raised taxes that we started draining the economy again.
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jc100
join:2002-04-10 | reply to Alpine
Well facts speak for themselves, now don't they. |
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jc100
join:2002-04-10
| reply to wifi4milez
Numbers don't lie, now do they. Obviously, the numbers speak volumes here. Nixon and Ford did a Horrible job. Carter inherited that bad job, as you look at the numbers. Towards the end of his administration, things reverted back to pre Carter Numbers. Yet, when regan took office, those numbers SOARED. Proof is in the pudding. |
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jc100
join:2002-04-10
1 edit | reply to footballdude
Wonderful. Yet, the numbers don't lie. It wasn't until Late 1982 / Mid 1983.. That was almost 2+ Full years into Regans Term, did the economy hit double digits. Whose fault is that? Obviously not Carters. Look at the trend and numbers for yourself. They are the proof int he pudding. Regan was a failure. No matter how you slice it. Regan had star wars. Regan had the Iran Contra Crisis. Regan Had Oliver North who sold weapons to Iran. Regan had the CIA selling drugs in South America to Fund the Sandistas. Worst of all, HE GAVE US our first trillion dollar deficit and record unemployment. I see failure and a precursor to George Bush Jr in Regan. As for Sr. Failure transcends down the blood line. Like father Like son. However, at least Sr. didnt botch things nearly as bad as Jr. |
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wifi4milez
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said by jc100 :Numbers don't lie, now do they. Obviously, the numbers speak volumes here. Nixon and Ford did a Horrible job. Carter inherited that bad job, as you look at the numbers. Towards the end of his administration, things reverted back to pre Carter Numbers. Yet, when regan took office, those numbers SOARED. Proof is in the pudding. Alternatively, one could look at the thousands of other studies out there that prove you have no idea what you are talking about. Furthermore, anyone who was not in diapers during the time period in question will laugh in your face at those assertions.
Real economic growth averaged 3.2 percent during the Reagan years versus 2.8 percent during the Ford-Carter years and 2.1 percent during the Bush-Clinton years.
Real median family income grew by $4,000 during the Reagan period after experiencing no growth in the pre-Reagan years; it experienced a loss of almost $1,500 in the post-Reagan years.
Interest rates, inflation, and unemployment fell faster under Reagan than they did immediately before or after his presidency.
»www.cato.org/pub_display.php?pub_id=1120
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Dogfather
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3 edits | reply to jc100
Nice bit of revisionist history. Reaganomics is what got out out of Carter's mess. It just took a couple of years to get the tax code changes necessary to fix it. Soon after we had a growth explosion, unfortunately it was surpassed by a Democratic controlled Congressional spending atomic bomb.
Carter trashed the economy. Reagan cut taxes, the economy grew rapidly (because people don't get jobs from poor people, that's trickle-down) and revenues to the Treasury SOARED. Congress just spent it all and then some. Those are the facts.
If Obama would slash gov't spending and cut taxes across the board we would be out of our current economic mess in no time followed by another huge economic expansion which ultimately leads to increased Treasury revenues. Unfortunately Pelosi's politburo controlling spending has about the same chances as a snowball in hell. |
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Dogfather
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join:2007-12-26
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1 edit | reply to jc100
More like your OMISSION of facts like the ERTA speak for themselves. |
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Dogfather
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You ignore what was going on those first two years. Reagan faced an uphill battle against the Democratic controlled Congress getting our tax code changed...about 2 years (late into 1981). And of course it took another year or so for those changes to fix the Carter disaster.
You should probably actually learn the whole story instead of picking some selective numbers to copy and paste.
Google is your friend, specifically the ERTA. |
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neil0311
join:2005-07-24
Marietta, GA
| reply to jc100
said by jc100 :Actually, Regan ran things in 1982. Wikipedia isn't a source. Regan took office in 1982 and if you so look at bls.gov, it goes to show that Reganomics were a failure, and all years under Regan saw MASSIVE unemployment. HUH? This isn't a political forum, but I can tell you that I was a voting, tax paying, college student and working adult during Reagan's two terms, and you have no clue what you're talking about. By your own admission you were a baby.
Volker was cleaning up Carter's mess by raising interest rates...the result was unemployment. The Reagan tax cuts passed in 1981 were key to bringing the economy back, and it expanded until the next recession in 1991-2. The 80's were a pretty good time. |
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wifi4milez
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said by Dogfather :You ignore what was going on those first two years. Reagan faced an uphill battle against the Democratic controlled Congress getting our tax code changed...about 2 years (late into 1981). And of course it took another year or so for those changes to fix the Carter disaster. You should probably actually learn the whole story instead of picking some selective numbers to copy and paste. Google is your friend, specifically the ERTA. Dont even waste the effort arguing with him. The simple fact that he is attempting to spout the "benefits" of the Carter era (especially when compared to Reagan's terms) immediately dashes whatever limited credibility he had to begin with. There is a reason that Reagan is almost universally admired (among all parties), whereas finding a person who still supports Carter is like finding a needle in a haystack.
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jc100
join:2002-04-10
4 edits | reply to wifi4milez
Re: And in a year they'll be wishing they hadn't
Regan is universally admired? Really?
- Iran Contra Crisis with Oliver North
- Cia Selling Drugs in South America to fund the Sandistas
- Star Wars
- First Trillion Dollar Debt in U.S. History
- Reganomics
Please.. Enlighten me how such failures promote admiration. There's no needle in a haystack. There's a lot of mess, and not a big enough mop... HARD NUMBERS from BLS.GOV paint a picture, and you just can't face that head on.
As for blame, funny. Clinton had a Republican Congress and got plenty done. Seems to me if Regan was such a man to inspire awe and admiration, he could have pulled the flock together. Instead, he sank this country into a crisis.
P.S. People liked Regan as he was a Charmer and for his past Acting Jobs. Just as American's liked Bush. He struck them as a guy who they could drink a beer with. Doesn't mean Regan or Bush were good leaders. Just they had charming skills. Plenty of Dictators and Mass Murderers in history were charmers, too. Want to sell me on how they were good people, since they won favor of many?
Try again. |
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jc100
join:2002-04-10 | reply to Dogfather
See reply below. BLS.GOV > Google. Facts in hard data trump personal tales of "Woh Me" and bias. Ouch. |
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wifi4milez
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said by jc100 :People liked Regan as he was a Charmer and for his past Acting. Right. It had nothing to do with fixing the economy, resolving the Iran hostage crisis, or setting in motion the collapse of the Soviet Union. 
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jc100
join:2002-04-10
1 edit | Fixing the economy? How? By sinking us in OUR FIRST trillion dollar deficit? Wasting Money on Star Wars? Selling Drugs in South America while we Funded the Sandistas? So on and So forth. He fixed nothing. Matter of fact, prior to regan, PEOPLE OWED US MONEY. Regan sank us in debt to others.
As for collapsing the soviet union, that's been a catch 22. On one hand, we brought down the soviet empire. On the other, we probably would have been better off letting it stand. Many of those countries are far from free, are breeding grounds for fundamentalists, and live under worse dictatorships than the USSR served. Let's face it, we didnt have those "Stans" training terrorists when the USSR ran them. |
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Dogfather
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4 edits | reply to jc100
quote:
- Iran Contra Crisis with Oliver North
- Cia Selling Drugs in South America to fund the Sandistas
- Star Wars
- First Trillion Dollar Debt in U.S. History
- Reganomics
More liberal revisionist history.
Contras were fighting Soviet socialist expansionism as were we. Of course the Democrats in Congress loved socialists so they wrote the unconstitutional Boland Amendment to try and stop Reagan from combating the Soviets. To circumvent this we sold obsolete HAWK missiles to Iran who then in turn funneled the money to the Contras. The Boland Amendment was later repealed rather than Congress allowing the embarrassment of it getting to the Supreme Court where it would have been bitch slapped hard. Simply put, it ultimately was not within the Constitutional authority of Congress who have stopped the Iran-Contra transaction and all the secret BS wouldn't have been necessary had Congress understood separation of powers.
CIA didn't fund the Sandinistas, they "allowed" the Contras, who were rebels against the Marxist Sandinistas to drug traffic. The CIA has done this stuff since WWII, starting in 1947 and continuing through the CLINTON administration (go google Eugenio Molina Osorio or Gen. Ramon Gullien Davila).
Star Wars is what broke the back of the Soviet Union. The Soviets spent so much on military spending trying to fight advanced US technology like ABM and Star Wars research that their social side was left in ruins leading to the rise of Gorbachev and other reformers who saw no way to "beat" the U.S. militarily and basically "surrendered" to Reagan, ending the Cold War.
Trillion dollar debt? Guess you forgot who was running Congress. Let's not forget that Reagan's tax cuts resulted in INCREASED revenues to the U.S. Treasury. The Democratic controlled Congress just spent it all and more, like a bunch of drunken sailors. You don't remember the 80's but the Democrats did in the 80's what the Republican Congress did in the 2000's...spend spend spend.
Reaganomics was a HUGE success that got us out of the Carter disaster...lower taxes, more jobs AND increased Treasury revenues. As much as liberals want to deny the simple fact of life, trickle-down economics works. People don't get jobs from poor people.
You should actually open a history book instead of spouting socialist talking points. |
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