| | | The numbers are irrefutable. Easily brought up on any search engine.
You seem to have the common disease known as Dorothyitus. Clicking your heels together and repeating your belief only makes it so in the movies.
As far as what W left... you also are blind to the fact W buckled to all that Pelosi and Reid hoisted on him.
The banking/financial debacle W attempted to fix and Pelosi and Reid refused to pass it.
Lastly, 0bama knew what he was running for and has managed to make the entire deal worse.
If you can't find all these basic facts there is no cure for choosing to remain uninformed.
This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
BY MICHAEL HAUSAM (1 YEAR AGO) | ELECTIONS
When Ronald Reagan took over from Jimmy Carter in ’81, things were actually worse economically compared to when Obama took over from George W. Bush in ’08.
Consider these three important comparisons of economic indicators, then and now:
– Unemployment was at 10.8% versus 7.7%
– Inflation (Consumer Price Index) was at 13.5% versus 2.7%
– Interest rates (prime rate) was at 21.5% versus 3.25%
In other words, Reagan inherited a bigger mess. Yet, there’s this chart of job growth:
Net job growth has declined under Obama. And by the end of the second year of their terms as President, economic growth under Reagan averaged 7.1% , under Obama an anemic 2.8%.
So, how did Reagan manage it? Across-the-board tax cuts, non-defense spending cuts, a restrained monetary supply, and deregulation.
What’s Obama done? Tax increases, spending increases, a massive money-supply increase through “quantitative easing,” and an explosive increase in regulations.
Game, set, and match to Ronald Reagan- and a sound, conservative economic policy. |
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