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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (168386)8/8/2011 5:36:57 PM
From: Dale Baker  Respond to of 544064
 
It strikes me as quite peculiar how people attribute what happened under Clinton to Reagan, but what happened after January 21 2009 had nothing to do with Bush and everything to do with Obama.

Ain't that the truth, LOL. It is so obvious when they do it over and over and over.



To: Sam who wrote (168386)8/8/2011 6:44:56 PM
From: mistermj  Respond to of 544064
 
I think you are taking much out of context.

For example if the government was efficient at allocating resources to market, we wouldn't have had to wait until the mid to late 90's to exploit the internet.

Packet switched networks such as ARPANET, Mark I at NPL in the UK, CYCLADES, Merit Network, Tymnet, and Telenet, were developed in the late 1960s and early 1970s using a variety of protocols. The ARPANET in particular led to the development of protocols for internetworking, where multiple separate networks could be joined together into a network of networks.

en.wikipedia.org

As for Reagan... to simply right off the power of the Reagan Revolution to various incidents of "luck" is not something history will be very kind to.

Reagan's leadership unleashed and leveraged many of the things you attribute to "luck". The world doesn't run in a vacuum. Business looks forward. Expanding markets require investment...investment isn't made unless there is a reasonable assumption of return on that investment.

Obama is the anti-Reagan and his leadership or lack thereof is now leveraging for a contraction in economic activity. Fear becomes contagious and leverages upon itself in reverse during a contraction/recession/depression.

This is the most anti-business President in our history at precisely the time when we need the opposite...it is beyond me how you can blame that on Bush.



To: Sam who wrote (168386)8/8/2011 9:56:18 PM
From: Cogito  Read Replies (1) | Respond to of 544064
 
And of course we mustn't forget that Reagan did, indeed, raise taxes. Several times. Yet the economy didn't collapse. How odd.