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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (821110)12/5/2014 10:20:58 PM
From: i-node  Respond to of 1584766
 
>> The low point was in 1982 where total federal employment was at 4.972 million. In 1983, it was up to 5.039 million, or an increase of 68k jobs. Of that, there was an increase of 16,000 uniformed military. And it increased every year after that. Oddly enough, it was in 1983 that the economy started to improve.

So, by "oddly enough", are you making a backhanded suggestion that adding 68k government jobs actually had some effect on the economy?

>> Now, I am not claiming that this was the only thing done

Right. There was that round of tax cuts, and importantly, the general perception that Reagan knew WTF he was doing. Unlike his predecessor and unlike Barack Obama who has managed to drag out what should have been a minor blip into six years of jobless recovery.