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Thread: Ronald Reagan was a disastrous president

  1. #21
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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by SmartCat View Post
    During the Carter presidency an average of 2,600,000 jobs were created every year. Under Reagan that declined to 2,000,000.

    Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ

    Bush On Jobs: The Worst Track Record On Record - Democratic Underground

    During the Carter presidency there was a brief, shallow recession lasting six months. During the Reagan presidency there was a deep sixteen month long recession.

    https://www.nber.org/cycles.html

    During the Carter presidency the national debt as a percentage of gross domestic product (GDP) declined from 33% in 1977 to 32% in 1980. During the Reagan presidency the increase was from 31% in 1981 to 49% in 1988.

    National Debt by Year Compared to GDP and Major Events

    The inflation that began in 1979 and which ended after 1982 was caused by fluctuations in the world price of petroleum neither Carter nor Reagan had much control over.

    Historical Crude Oil Prices (Table)

    The economic recovery that is supposed to have happened under Reagan was as superficial and shallow as he was.
    During the Carter presidency an average of 2,600,000 jobs were created every year. Under Reagan that declined to 2,000,000.
    Then why do you suppose Carter lost so bad to Reagan?
    Last edited by Luther; 07-14-19 at 06:55 AM.
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  2. #22
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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by Luther View Post
    Then why do you suppose Carter lost so bad to Reagan?
    Whites blamed Carter for a bad economy that was not his fault. They also blamed Carter for the Iranian Revolution of 1979. That was not Carter's fault either.

    Christian conservatives thought that Reagan would reverse the social changes of the 1960's.

    Of course, the rich wanted tax cuts. They are the only people who benefited economically from the Reagan presidency.

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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by SmartCat View Post
    Whites blamed Carter for a bad economy that was not his fault. They also blamed Carter for the Iranian Revolution of 1979. That was not Carter's fault either.

    Christian conservatives thought that Reagan would reverse the social changes of the 1960's.

    Of course, the rich wanted tax cuts. They are the only people who benefited economically from the Reagan presidency.

    Whites blamed Carter for a bad economy that was not his fault. They also blamed Carter for the Iranian Revolution of 1979. That was not Carter's fault either.

    And who fault was it then?


    Of course, the rich wanted tax cuts
    So why do you suppose they pay still the majority of the Fed income tax even then?


    They are the only people who benefited economically from the Reagan presidency.
    well, my parents who were middle class back then did fine(LOL)
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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by Luther View Post
    Then why do you suppose Carter lost so bad to Reagan?
    Because Reagan prevented the release of the Iran hostages. Treason.
    /

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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by Craig234 View Post
    This wasn't Godwin's, there wasn't a comparison. I actually do not think Bush 43 was well-meaning much at all - just a little, more than trump or Cheney. He was a rather nasty and selfish guy who took what he could get from privilege, uncaring about right and wrong. He said in 1999 he wanted to be a war president for political capitial to get his unpopular money-for-the-rich economics passed...
    He also argued against nation building, which turned out to be the exact opposite of his eventual position.

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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by Helix View Post
    He also argued against nation building, which turned out to be the exact opposite of his eventual position.
    Yes, he attacked Clinton for an 'arrogant' foreign policy - incredible irony and hypocrisy. Just like trump's 'drain the swamp'.

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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by DaveFagan View Post
    Because Reagan prevented the release of the Iran hostages. Treason./
    To be fair, my impression is that the Reagan campaign contacted Iran requesting them to not release the hostages, but I've seen reports that the Iranians already wanted to wait because they hated Carter for letting the Shah get medical treatment (ridiculous position). I'm sure how much effect the Reagan campaign had. Still treasonous.

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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by Luther View Post
    And who fault was it then?
    It was the fault of the Eisenhower administration who put the Shah in power, and the Shah who was a terrible dictator and was bankrupting his country corruptly, creating a revolutionary fury.

    So why do you suppose they pay still the majority of the Fed income tax even then
    Because they take such a huge share of the income.

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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by Luther View Post
    Then why do you suppose Carter lost so bad to Reagan?
    Because the country was misguided and did not understand Carter's qualities, they did not understand the plutocracy Reagan would bring, because Reagan's communication skills were effective, the high inflation rate from problems Carter inherited and was fixing, the media's constant hyping of the hostages, and possibly some effect from Carter's debate book being stolen by a bitter Ted Kennedy aide and given to the Reagan campaign.

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    Re: Ronald Reagan was a disastrous president

    Quote Originally Posted by SmartCat View Post
    During the Carter presidency an average of 2,600,000 jobs were created every year. Under Reagan that declined to 2,000,000.

    Bush On Jobs: The Worst Track Record On Record - Real Time Economics - WSJ

    Bush On Jobs: The Worst Track Record On Record - Democratic Underground

    During the Carter presidency there was a brief, shallow recession lasting six months. During the Reagan presidency there was a deep sixteen month long recession.

    https://www.nber.org/cycles.html

    During the Carter presidency the national debt as a percentage of gross domestic product (GDP) declined from 33% in 1977 to 32% in 1980. During the Reagan presidency the increase was from 31% in 1981 to 49% in 1988.

    National Debt by Year Compared to GDP and Major Events

    The inflation that began in 1979 and which ended after 1982 was caused by fluctuations in the world price of petroleum neither Carter nor Reagan had much control over.

    Historical Crude Oil Prices (Table)

    The economic recovery that is supposed to have happened under Reagan was as superficial and shallow as he was.
    Historically I've never understood the dislike of Carter as President.

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