As far as the economy when Reagan was president -- it wasn't broken like the economy Bush handed Obama. Reagan had tools at his disposal to combat a weak ecomony which were not available to Obama.
Last edited by Sheik Yerbuti; 04-15-13 at 12:48 AM.
It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
"Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911
"Never fear. Him is here" - Captain Chaos (Dom DeLuise), Cannonball Run
Mace Windu: Then our worst fears have been realized. We must move quickly if the Jedi Order is to survive.
And secondly, he applied that theory only to Obama and not to Bush. Apply that same equation to Bush and we find that Bush left Obama with a U3 rate at 10%. So the unemployment rate is still lower than what Obama started with.
But give them credit. They are always looking for new ways to make the economy worse than it really is.
RealClearPolitics - Election Other - President Obama Job Approval
Obama's approval numbers are back below 50 and trending down. Obama's re-election means he now owns economic policy. He cannot continue to blame Bush. His polling numbers will now, more realistically, reflect that.