Quote:
Originally Posted by deacon blues
Oh, you got me. Wow, I can't get it past you. Hey everybody, I copied and pasted stats from wiki about Reaganomics.
There. The truth is out. I've been outed.
Do you really believe I was thinking people thought I had all these stats in my head and I'm like a walking, living, breathing book of statistics? Sheesh.
DM you should address the historical fact that Reagan's policies turned this country around from a time of dismal "stagflation" into a strong, healthy, jobs producing economy that created 21 million jobs. Reagan was handed a terrible economy high unemployment, high interest rates, high gas prices, high inflation and instead of blaming the previous administration, he took immediate steps to turn the economy around.
Obama was handed a tough situation and made it worse
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i wasn't even in high school when reagan was president, so i have no experience. i know that reagan exploded the national debt, poverty rates remained the same and 2 reasons for the recovery are here:
Much of the credit for the resolution of the stagflation is given to two causes: a three year contraction of the money supply by the
Federal Reserve Board under
Paul Volcker, initiated in the last year of Carter's presidency,
[3] and long term easing of supply and pricing in oil during the
1980s oil glut. full article:
http://en.wikipedia.org/wiki/Reaganomics
as you can see, federal reserve policy and the arabs caused the recovery. from the same article you plagiarized. job numbers under obama have gone up every month for 2 years. can you explain how things have gotten worse, not counting the first 6 months of obama which was the downside of bush jr? we are in recovery. you should watch the ed show to get some balance, i watch hannity sometimes. it's clear reagan had a deal with the arabs, getting the hostages realeased and iran contra.
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