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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (45110)8/24/2010 9:22:59 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
Re: "I haven't made the effort of trying to measure off portions of the lines...."

It's easy to do.

(Or one could simply go to the original source material - the NBC polls to get each data point... but the chart seems clear enough to get you within a percentage point or two. :-)

PS --- many other similarities may exist between the first two years of the Reagan administration and the first two years of the Obama administration, aside from the obvious doppelganger Presidential popularity numbers in polls from the same polling company, and asking the same polling questions.

One other similarity that stands out is the extreme SERIOUSNESS of the Recessions from both periods.

Another one (that I heard about just yesterday from a Challenger executive, the employment placement and consulting firm) was the trends in employment.

He pointed out that the trend switch from losing jobs (downward plunge in employment) to the point-in-time where jobs begin to be added (net) to the economy has happened *faster* this time then it did back in the early 'eighties in the Recession during Reagan's first two years.

The Challenger guy noted that (from the bottom of the macro economic data posted during the Recession) there is a lag time before employment begins to increase again. (This is why employment is perhaps the most famous of the "lagging indicators".)

He noted that it was a 12 month lag this time...but during the Reagan era Recession it was fully *18 months* before that turning point was reached in employment.

(Perhaps meaning nothing... perhaps just an artifact of a different, slower-moving period in our history, or perhaps a positive sign that better days are just ahead of us.)

Either way I'll take whatever encouragement is offered. :-)