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Thread: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Conservative View Post
    Debt is only good if you generate a positive return on that debt. I have to believe that even you would believe that the 1.7 trillion Reagan debt that doubled GDP, created 17 million jobs, and created a peace dividend was a good return on that debt. What do we have to show for it with Obama?
    We didn't continue careening into an economic canyon, for starters.

    As far as the rest, we don't know. That "peace dividend" of which you speak didn't exist until after Reagan was out of office.
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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Conservative View Post
    Debt is only good if you generate a positive return on that debt. I have to believe that even you would believe that the 1.7 trillion Reagan debt that doubled GDP, created 17 million jobs, and created a peace dividend was a good return on that debt. What do we have to show for it with Obama?
    Nonsense. The debt Reagan took on handcuffed this nation for decades. We're still mired in Reagan's debt.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    If Conservative isn't working for the FreedomWorks, and he really believes this stuff, then...well, then I just gotta chuckle.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Kobie View Post
    We didn't continue careening into an economic canyon, for starters.

    As far as the rest, we don't know. That "peace dividend" of which you speak didn't exist until after Reagan was out of office.
    So where do you think that peace dividend came from?

    You really seem to have a problem understanding leadership and the responsibilities of leadership. The canyon we were in in 81-82 was much worse than the one the media told you about in 2007-2009 for you see it was compounded by high inflation and a high misery index, something the kids of today don't understand. Please show me where anything I have posted is wrong?

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176:468]

    Quote Originally Posted by calamity View Post
    If Conservative isn't working for the FreedomWorks, and he really believes this stuff, then...well, then I just gotta chuckle.
    Hey, kid, chuckle away but the laugh is on you. You have been given the opportunity to prove me wrong but you continue to cite your own personal opinions backed up by nothing. I spent 35 years in the business world and am retired. I can beat you up all day with actual economic data but what is the use, you don't understand any of it.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by calamity View Post
    Nonsense. The debt Reagan took on handcuffed this nation for decades. We're still mired in Reagan's debt.
    Oh, really? 17 million jobs, doubling of GDP, and the peace dividend handcuffed this nation? Have to shake my head with that liberal logic

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Conservative View Post
    So where do you think that peace dividend came from?

    You really seem to have a problem understanding leadership and the responsibilities of leadership. The canyon we were in in 81-82 was much worse than the one the media told you about in 2007-2009 for you see it was compounded by high inflation and a high misery index, something the kids of today don't understand. Please show me where anything I have posted is wrong?
    No, it wasn't. It wasn't remotely close. Inflation is relatively easy to get under control. Hemorrhaging jobs is not.

    "Misery index" is about as reliable an indicator of anything real as "unicorn rarity."
    Freedom of speech is not freedom from criticism.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by calamity View Post
    The recession of 2007 was the deepest recession since the Great Depression. The one in the 80's was mild.


    Your boy Bush nearly took the country over the edge. Obama and teh D's saved the nation. If we had followed GOP strategy in 2009, Unemployment would have reached 25%.
    I gave you the BLS numbers which you probably don't understand. Your chart doesn't refute anything I posted and goes all the way to 2007. I don't even think you understand what your chart shows or what you are talking about. Obviously you have no idea what leadership responsibilities are.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Kobie View Post
    No, it wasn't. It wasn't remotely close. Inflation is relatively easy to get under control. Hemorrhaging jobs is not.

    "Misery index" is about as reliable an indicator of anything real as "unicorn rarity."
    Oh, really? do you know what the misery index was then? By all economic standards the 81-82 recession hurt Americans much worse than this one, I lived and worked during both, what is your experience? You see, you are comparing results of this recession to the results of the 81-82 recession ignoring the vacuum of leadership displayed by Obama and the leadership exhibited by Reagan.

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    Re: CNN Poll: GOP would bear the brunt of shutdown blame [W:176]

    Quote Originally Posted by Conservative View Post
    Oh, really? do you know what the misery index was then?
    I know what the "misery index" was; I just think the "misery index" is a stupid statistic based on adding together two arbitrary, often unrelated figures.

    Quote Originally Posted by Conservative View Post
    By all economic standards the 81-82 recession hurt Americans much worse than this one, I lived and worked during both, what is your experience?
    By ALL economic standards? That's a pantload if I ever saw one. We lost exponentially more jobs from the 2008-09 recession than the 81-82 one. As in, not even remotely comparable. Real GDP saw a bigger hit. Of course, then there's the entire foreclosure problem, since the cause of the 2008 recession was the bursting of the housing bubble (and all the accounting shenanigans that came with), which wasn't what caused the early 80s recession. The entire cause of that recession was overly contractionary Fed policy designed to combat inflation. I don't give a rat's ass what you lived and worked through; you don't know what you're talking about.

    Quote Originally Posted by Conservative View Post
    You see, you are comparing results of this recession to the results of the 81-82 recession ignoring the vacuum of leadership displayed by Obama and the leadership exhibited by Reagan.
    Yes, Reagan flew in on his golden pegasus and singlehandedly pulled us back from ... an economic hiccup that was insignificant enough to be self-correctable. I'm certainly not saying his policies had NOTHING to do with the recovery; however, to claim that the early-80s recession was worse is asinine.
    Freedom of speech is not freedom from criticism.

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