Canadian middle class passes American- Thanks Reaganism...

[Iceweasel]

This stuff is obviously being spread throughout the leftwing blogisphere. Suddenly Reagan is back in their crosshairs. Obviously the broken Bushdidit record isn't playing well these days so they need a new villain and an old one will do. And the younger libs have no clue about the era.

I think they realize the inevitable comparison of Obama will be made to Carter so the top libs decided they need to destroy anyone that would resemble Reagan and use his arguments. Especially since they've been proven true.

 

[Stephanie]

oh darn I just ran across this
links and graphs at site

SNIP:
This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’

This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’

Also at the site
Six Kinds Of Awesome: Obama’s Latest Budget Would Tax You More Than Ever In U.S. History

Six Kinds Of Awesome: Obama’s Latest Budget Would Tax You More Than Ever In U.S. History

You mean this graph?

Numbers don't lie.

dimocraps lie, but numbers don't

yes to all you said..
I haven't figured out how to bring the graphs and tweets over yet...
thanks it nice to see it over here

 

[Anders]

While lower and middle class Republicans and Democrats spend all their time blaming one another for the stagnant middle class the 1 Percent laugh all the way to the bank. You are doing just what wallstreet/banks want you to do. Keep it up and pretty soon all of us will be begging for a roof over our head and food.

 

[francoHFW]

The greedy rich are those you all vote for in the Democrat party

and see how we all so much RICHER under your dear Leader and their policies of no jobs, spending trillions of taxpayers monies on more government entitlements by making up a NEW GOVERNMENT program to suck more of your monies into, more taxes, gas and food prices THROUGH the roof his whole time in office

Obamanomics is, trickle up poverty while he and the rest of your master's get richer

talk about duped

Obviuosly to all but Pub hater dupes, the greedy idiot rich want to lower their own taxes, continue to screw the non-rich, workers, environmental regulations, etc, and continue to not invest in the country and its citizens- that's Reaganism, a bs failure from the beginning. His "success" was due to debt spending and the corrupt S+L bubble/bust/scandal, and conning the poor schmucks that are its victims. See sig pp1.

Obamanomics hasn't existed since the tax cuts for the non-rich/jobs act stimulus averted a depression but ran out in 2010. Spending for UE and welfare for victims of the corrupt Pub meltdown are not new policy, dingbat dupes. What we need is the recovery Pubs have wrecked with mindless obstruction and phony crises, but at least he hasn't started another typical corrupt Pub bubble, and our slow comeback is on solid ground. Thanks for the stupidest, longest wars ever, too. How dumb can the dupes get?

 

[bendog]

The story that I read this a.m. attributed much of the candian middle class wealth gain to a real estate bubble that hasn't yet popped.

 

[francoHFW]

RW drivel? They don't have Pubs up there...

 

[chikenwing]

How long ago was Ron president?,who was running the house and senate at the time?

 

[Stephanie]

I guess they figured they done Used up Bush so they had to move onto dead Republican presidents from 20 some years ago and hope people fall for it .because in their world you can't blame a Democrat for ANYTHING

 

[Rozman]

Looks like the Libs have put Ronnie back in the rotation to take a whipping...
When they get tired of blaming Bush the younger they drag Ronnie out to take a few licks...

But it's never Obama or the Democrats fault for anything...

These guys crack me the fuck up.

 

[buckeye45_73]

Umm, Reagan died in 2004 and his last day in office was 1/20/89. Nobody ever accused George H. Bush of being a Reaganite but the economy stayed stable for twenty freaking years until democrats got the bright idea that they would force banks to make bad loans. Democrat Barney Frank had the responsibility for Fannie Mae which was top heavy with left wing political appointees like Jamie Garelick but the economy was still stable until Frank lied to America and Fannie collapsed. Barry Hussein has been in office for about six years. When is the radical left going to give him credit for the mess?

What a pile of crappe lol. F+F went from 75 to 25% of the real estate market in 2003 and Boooshie regulators allowed junk mortgages to be rated A+, bundled, insured and sold around the world, Rush/Fox/Beckbot. Everything you know is Pubcrappe...

As long as the wealth of the richest at least triples while the rest and the country goes to hell under voodoo, nothing will change...

Stop troll....it wqs people like you that forced banks to do,affirmative action loans. Ask andrew cuomo, your govenor of new york.

 

[Rozman]

Two people the left mocked for being basically imbecilles.One an actor and the other a fool
were able to be so powerful so as to single handedly destroy the country.
And the Democrat party just stood by helplessly.

I find it hard to believe that Tip O'Neal stood by and didn't say anything while Reagan was in office.

 

[buckeye45_73]

RW drivel? They don't have Pubs up there...

pubbcrappe

 

[Iceweasel]

Two people the left mocked for being basically imbecilles.One an actor and the other a fool
were able to be so powerful so as to single handedly destroy the country.
And the Democrat party just stood by helplessly.

I find it hard to believe that Tip O'Neal stood by and didn't say anything while Reagan was in office.

Thinking is hard. It ain't for everybody.

 

[blackhawk]

And at the same time you still think Obama is taking from the rich and giving to the poor..

Lord help these people

The ones who need help are the ones who blame everyone but Obama for what happens under his presidency.

Yeah if you were the boss of blame...Since you arent take blame for pretending Obama is funneling money to the poor while believing Obama is exclusively helping the rich.

You can ignore the contradiction all you want but that doesnt make it go away

You don't have very good reading skills do you? I didn't say Obama was doing any of that I said the rich have gotten richer during his presidency which they have and the gap between rich and poor which is one of the left's major things to bitch about which it is has increased and that the left instead of blaming past presidents and anyone else they can think over this which they do should focus there blame on the current President and his policies which they don't. Your ignoring these facts will not change them.

 

[buckeye45_73]

The greedy rich are those you all vote for in the Democrat party

and see how we all so much RICHER under your dear Leader and their policies of no jobs, spending trillions of taxpayers monies on more government entitlements by making up a NEW GOVERNMENT program to suck more of your monies into, more taxes, gas and food prices THROUGH the roof his whole time in office

Obamanomics is, trickle up poverty while he and the rest of your master's get richer

talk about duped

Obviuosly to all but Pub hater dupes, the greedy idiot rich want to lower their own taxes, continue to screw the non-rich, workers, environmental regulations, etc, and continue to not invest in the country and its citizens- that's Reaganism, a bs failure from the beginning. His "success" was due to debt spending and the corrupt S+L bubble/bust/scandal, and conning the poor schmucks that are its victims. See sig pp1.

Obamanomics hasn't existed since the tax cuts for the non-rich/jobs act stimulus averted a depression but ran out in 2010. Spending for UE and welfare for victims of the corrupt Pub meltdown are not new policy, dingbat dupes. What we need is the recovery Pubs have wrecked with mindless obstruction and phony crises, but at least he hasn't started another typical corrupt Pub bubble, and our slow comeback is on solid ground. Thanks for the stupidest, longest wars ever, too. How dumb can the dupes get?

yeah all those rich that control all those environmental organizations, yeah you tell em Franco. They do want to screw the non rich but idiots like you think Soros is on your side, you're a moron.

 

[initforme]

The system is not designed for the middle class to get ahead. It never has been. There are those idiots who say "if you are willing to work hard enough you can be rich" and that my friends is the biggest lie ever told. Facts are facts, so complaining about it isn't going to do any good. The wealth is concentrated in the hands of a very few. This was the fact long before Reagan took office.; Things have always been skewed towards those holding the most wealth because money talks. It has taken people this long to figure out the system is skewed NOT in their favor? Holy cow. That is slow. If you are in the middle class, enjoy it while it lasts. Those controlling the wealth have the power and the money to do anything they want to keep it as it is But that's ok. Find your own happiness.

 

[Londoner]

Reagan's goal was to reduce the labor costs and taxes of the wealthy. The result was the death of the middle class.

 

[Stephanie]

Reagan's goal was to reduce the labor costs and taxes of the wealthy. The result was the death of the middle class.

yeah right and I suppose it's roaring right back under this regime,trickle up poverty...He's raised taxes on anything and everything and the only ones it hurts, is the middle class.. and the poor especially, it sure as hell doesn't hurt the wealthy, like him and his comrades in arms

 

[francoHFW]

The greedy rich are those you all vote for in the Democrat party

and see how we all so much RICHER under your dear Leader and their policies of no jobs, spending trillions of taxpayers monies on more government entitlements by making up a NEW GOVERNMENT program to suck more of your monies into, more taxes, gas and food prices THROUGH the roof his whole time in office

Obamanomics is, trickle up poverty while he and the rest of your master's get richer

talk about duped

Obviuosly to all but Pub hater dupes, the greedy idiot rich want to lower their own taxes, continue to screw the non-rich, workers, environmental regulations, etc, and continue to not invest in the country and its citizens- that's Reaganism, a bs failure from the beginning. His "success" was due to debt spending and the corrupt S+L bubble/bust/scandal, and conning the poor schmucks that are its victims. See sig pp1.

Obamanomics hasn't existed since the tax cuts for the non-rich/jobs act stimulus averted a depression but ran out in 2010. Spending for UE and welfare for victims of the corrupt Pub meltdown are not new policy, dingbat dupes. What we need is the recovery Pubs have wrecked with mindless obstruction and phony crises, but at least he hasn't started another typical corrupt Pub bubble, and our slow comeback is on solid ground. Thanks for the stupidest, longest wars ever, too. How dumb can the dupes get?

yeah all those rich that control all those environmental organizations, yeah you tell em Franco. They do want to screw the non rich but idiots like you think Soros is on your side, you're a moron.

Protecting the environment and alternative energy don't hurt the non-rich, and the fact checkers Soros helps are the only places where you can find out the truth and what lying hypocrites the Pub propaganda machine are...our rich are for the country, mega rich idiot Pubs are for themselves...Yes, the truth is repetitious.

 

[thereisnospoon]

Franco you have hit a new low. You are not worthy to polish Reagan's spit can.

Next week you will be posting how Republicans can't win elections. How since Bush SR. Democrats have held the presidency for 13 of the 21 years. How the democrats control the Senate. But with democrats controlling the government for the last 7 years you wish to blame the man whose policies ushered in the greatest peacetime expansion of the economy in history. Yet you fail to mention the utter damage that Clinton did with his "free" trade agreements. It was predicted and is coming true. And you obviously can't realize or ignore the fact that you can't flood the country with low educated poor people just to get votes and not have it effect the economy. No you ignore all of that and blame the last president that made a person feel good to be an American. A man that put America first all the while ignoring the damage the Kenyan in the WH has done to the country.

You are a sad little man franco.

Reagan was a demented disaster- tripled the debt and set the country on the road to ruin. Pubs forgot to invest in training, the other half of free trade- Everyone knew the labor intensive manufacturing would leave...



''The Demise of the American Middle Class In Numbers.

Over the past 60 years the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez | The White House
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb...able=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = http://www.prudentbear.com/index.php/household-sector-debt-of-gdp
4 = FRB: Z.1 Release--Financial Accounts of the United States--March 6, 2014
5/6 = Wealth And Inequality In America - Business Insider

Overview = http://www.ourfuture.org/blog-entry/2010062415/reagan-revolution-home-roost-charts''
''

Although productivity per employee has gone up, individual employees are not appreciably more productive than they were in the 60's
Let's take an auto manufacturer for example. Back 50 years ago, tires would be delivered to Ford by the trailer load. 2 guys would unload the trailer, 2 more would sort and rack them. 2 more would take them from the warehouse racks and send them by conveyor to be mounted and balanced by 4 more guys. 1 more guy would deliver them to the assembly line where 2 more guys would mount them on the car.
These days, the truck backs in and tires are sorted and loaded by machines that inspect and mount them on the right wheels. The tires then run through a balancer that puts a color coded dot where each balancing weight should be applied. The tires are then roboticly placed in another carrier that magically delivers them to the assembly line at the right moment and installs them on the car. At that point, a worker checks the tires for the colored dots and places wheel weights. Another QC worker checks the torque randomly.
Yup those 2 guys install as many tires as 12 did 50 years ago, but they certainly don't work any harder OR smarter than their predecessors did.
The increased "productivity" is not the result of labor working harder or gaining skill, but a result of capital investment by Ford.

That's just the way it is.
Try telling the pro union believers in labor intensive production that.
I was making a delivery at Lufthansa Cargo at JFK airport once.
What I saw was union work rules at their least efficient.
Long story short it took 15 people to do the work unloading and braking down the cargo containers where in estimation maybe 4 could get the job done and get it done quicker.
That was in 1985. I wonder if the unions still have the same stranglehold on that shop as they did then.
Productivity is much higher because work now gets done faster with far fewer workers required to do the job.