How Obamas economic recovery stacks up against Reagans

How Obama's economic recovery stacks up against Reagan's - The Week

Reagan also had a more favorable climate for bringing down the unemployment rate, as CNN's Charles Riley pointed out:

Reagan had an advantage over Obama: The recession of the early 1980s was caused by runaway inflation, which the Federal Reserve countered by hiking interest rates. When inflation dropped, the Fed lowered rates and a massive economic boom resulted.
The major causes of the recent recession were a banking crisis and housing bubble that exploded during President George W. Bush's final months in office.
Another difference: With comparatively small debt loads, Reagan was able to push through a 23 percent across-the-board cut of individual income tax rates. Obama, meanwhile, entered the presidency with substantial budget deficits and an economy contracting at a rate of 6.7 percent

And who controlled Congress in Bush's final months? :lmao: Thanks for putting me in a good mood. Getting ready to hit the Subways. Needed the laugh. :)

Bush had a Congress who was willing to work with him to resolve an economic crisis. Unlike Obama who had Republicans in Congress trying to block a recovery

One term president anyone?
 
How Obama's economic recovery stacks up against Reagan's - The Week

Reagan also had a more favorable climate for bringing down the unemployment rate, as CNN's Charles Riley pointed out:

Reagan had an advantage over Obama: The recession of the early 1980s was caused by runaway inflation, which the Federal Reserve countered by hiking interest rates. When inflation dropped, the Fed lowered rates and a massive economic boom resulted.
The major causes of the recent recession were a banking crisis and housing bubble that exploded during President George W. Bush's final months in office.
Another difference: With comparatively small debt loads, Reagan was able to push through a 23 percent across-the-board cut of individual income tax rates. Obama, meanwhile, entered the presidency with substantial budget deficits and an economy contracting at a rate of 6.7 percent

And who controlled Congress in Bush's final months? :lmao: Thanks for putting me in a good mood. Getting ready to hit the Subways. Needed the laugh. :)

Bush had a Congress who was willing to work with him to resolve an economic crisis. Unlike Obama who had Republicans in Congress trying to block a recovery

One term president anyone?

bullshit...not agreeing with everything the president wants is not blocking a recovery
 
Unlike Reagan, Obama was not expected to cut Government Spending and balanace the budget while attemting to revive the economy

Of course, Reagan also had a Congress that was not trying to cut his legs out from him

What did Obama do the first 2 years when he had a Democrat controlled congress? Why didn't he do anything then?

Thanks for bringing that up

Reagan did not have to deal with a Senate that filibustered EVERY bill

Wait

Failed Stimulus Passed

ObamaCare Passed

Dodd Frank Passed

Right?
 
Bush had a Congress who was willing to work with him to resolve an economic crisis. Unlike Obama who had Republicans in Congress trying to block a recovery

One term president anyone?

Tip O'Neill worked with Reagan? What are you smoking?

:smoke:
 
Right, when you rob people at the point of a gun and they don't want to give you their money ... they ... are greedy. This just in, your post has been rejected as the crap that it is.

Right, the poor wealthy who have 4x the wealth under pander to the rich voodoo, while the nonrich and the country go to hell, perfect chump of the greedy idiot rich GOP...

Right now the top 1% of earners pay 20% of all federal taxes and the top 5% pay 60%. If we're their chumps then they aren't getting much for it...

Are those "income" taxes?

Why would they pay so much "income" taxes vs everyone else

Maybe because they have so much income?
 
Unlike Reagan, Obama was not expected to cut Government Spending and balanace the budget while attemting to revive the economy

Of course, Reagan also had a Congress that was not trying to cut his legs out from him

Exactly.

Reagan had a clear political and economic advantage.

Reagan and Tip O'Neil had their public squabbles but could go into a back room and work out a deal.

This group of Republicans would not make a deal if their childrens life depended on it

what a sticking load of counter factual manure...

first obama had it all year one, supra majority in the senate and a majority in the house, he had both chambers, second- there after till jan 2011, he had the power to budget as he pleased as he still had over 50 in the senate and a house majority.

theres is a huge difference between having to compromise and not, obama didn't and he didn't. Reagan never ever had that advantage and now that Obama has to, he simply can't, hes not unequipped to or refuses too, making demands and beating the snot out of the people you need to work with is counter productive.



Reagan dealt with O'Neil and vice versa and went on to make deals ala Clinton and Gingrich becasue they each knew how to compromise, but o'neil always had the whip hand, to make it appear he rolled over over is horse-shit, plain and simple.

As to the 90's, when it came to nut cutting time and becasue Clinton as a former gov. knew how to negotiate and legislate, he did, he knew what to do to get his piece of the pie and Gingrich naturally took everything he could too and they solved it, it was a back and forth and they would both claim they got what they wanted and both claimed they won, which can be judged as partially true in almost all counts.

.......Obama lacks those qualities, he doesn't know how to legislate, he doesn't know how to compromise and he doesn't understand like bill did how to craft a even a minimal win win when nothing else is/was available..... in fact even the Times has admitted he simply doesn't understand what it takes or does and doesn't care, he hates calling, schmoozing and trying to twist arms, which Ronnie and Bill each excelled at.
 
Bush had a Congress who was willing to work with him to resolve an economic crisis. Unlike Obama who had Republicans in Congress trying to block a recovery

One term president anyone?

Tip O'Neill worked with Reagan? What are you smoking?

:smoke:

Even Reagan admitted that he was able to get things done with Tip O'Neil behind the scenes. They were actually friends
 
Exactly.

Reagan had a clear political and economic advantage.

Reagan and Tip O'Neil had their public squabbles but could go into a back room and work out a deal.

This group of Republicans would not make a deal if their childrens life depended on it

what a sticking load of counter factual manure...

first obama had it all year one, supra majority in the senate and a majority in the house, he had both chambers, second- there after till jan 2011, he had the power to budget as he pleased as he still had over 50 in the senate and a house majority.

theres is a huge difference between having to compromise and not, obama didn't and he didn't. Reagan never ever had that advantage and now that Obama has to, he simply can't, hes not unequipped to or refuses too, making demands and beating the snot out of the people you need to work with is counter productive.



Reagan dealt with O'Neil and vice versa and went on to make deals ala Clinton and Gingrich becasue they each knew how to compromise, but o'neil always had the whip hand, to make it appear he rolled over over is horse-shit, plain and simple.

As to the 90's, when it came to nut cutting time and becasue Clinton as a former gov. knew how to negotiate and legislate, he did, he knew what to do to get his piece of the pie and Gingrich naturally took everything he could too and they solved it, it was a back and forth and they would both claim they got what they wanted and both claimed they won, which can be judged as partially true in almost all counts.

.......Obama lacks those qualities, he doesn't know how to legislate, he doesn't know how to compromise and he doesn't understand like bill did how to craft a even a minimal win win when nothing else is/was available..... in fact even the Times has admitted he simply doesn't understand what it takes or does and doesn't care, he hates calling, schmoozing and trying to twist arms, which Ronnie and Bill each excelled at.

When did Obama have a supra majority?

Was it after Republicans stopped blocking Al Frankens seat and before Scott Brown took over Kennedy's seat?

Five months
 
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Bush had a Congress who was willing to work with him to resolve an economic crisis. Unlike Obama who had Republicans in Congress trying to block a recovery

One term president anyone?

Tip O'Neill worked with Reagan? What are you smoking?

:smoke:

Even Reagan admitted that he was able to get things done with Tip O'Neil behind the scenes. They were actually friends

right and of course you'll now tell us its bohener who's the jerk and obama who's all sweetness and light:rolleyes: tell me I am wrong....
 
Exactly.

Reagan had a clear political and economic advantage.

Reagan and Tip O'Neil had their public squabbles but could go into a back room and work out a deal.

This group of Republicans would not make a deal if their childrens life depended on it

what a sticking load of counter factual manure...

first obama had it all year one, supra majority in the senate and a majority in the house, he had both chambers, second- there after till jan 2011, he had the power to budget as he pleased as he still had over 50 in the senate and a house majority.

theres is a huge difference between having to compromise and not, obama didn't and he didn't. Reagan never ever had that advantage and now that Obama has to, he simply can't, hes not unequipped to or refuses too, making demands and beating the snot out of the people you need to work with is counter productive.



Reagan dealt with O'Neil and vice versa and went on to make deals ala Clinton and Gingrich becasue they each knew how to compromise, but o'neil always had the whip hand, to make it appear he rolled over over is horse-shit, plain and simple.

As to the 90's, when it came to nut cutting time and becasue Clinton as a former gov. knew how to negotiate and legislate, he did, he knew what to do to get his piece of the pie and Gingrich naturally took everything he could too and they solved it, it was a back and forth and they would both claim they got what they wanted and both claimed they won, which can be judged as partially true in almost all counts.

.......Obama lacks those qualities, he doesn't know how to legislate, he doesn't know how to compromise and he doesn't understand like bill did how to craft a even a minimal win win when nothing else is/was available..... in fact even the Times has admitted he simply doesn't understand what it takes or does and doesn't care, he hates calling, schmoozing and trying to twist arms, which Ronnie and Bill each excelled at.


:clap2::clap2::clap2::clap2::clap2:


The ONLY things Obama knows how to do are community organize, campaign, and play golf.
 
Reagan and Tip O'Neil had their public squabbles but could go into a back room and work out a deal.

This group of Republicans would not make a deal if their childrens life depended on it

what a sticking load of counter factual manure...

first obama had it all year one, supra majority in the senate and a majority in the house, he had both chambers, second- there after till jan 2011, he had the power to budget as he pleased as he still had over 50 in the senate and a house majority.

theres is a huge difference between having to compromise and not, obama didn't and he didn't. Reagan never ever had that advantage and now that Obama has to, he simply can't, hes not unequipped to or refuses too, making demands and beating the snot out of the people you need to work with is counter productive.



Reagan dealt with O'Neil and vice versa and went on to make deals ala Clinton and Gingrich becasue they each knew how to compromise, but o'neil always had the whip hand, to make it appear he rolled over over is horse-shit, plain and simple.

As to the 90's, when it came to nut cutting time and becasue Clinton as a former gov. knew how to negotiate and legislate, he did, he knew what to do to get his piece of the pie and Gingrich naturally took everything he could too and they solved it, it was a back and forth and they would both claim they got what they wanted and both claimed they won, which can be judged as partially true in almost all counts.

.......Obama lacks those qualities, he doesn't know how to legislate, he doesn't know how to compromise and he doesn't understand like bill did how to craft a even a minimal win win when nothing else is/was available..... in fact even the Times has admitted he simply doesn't understand what it takes or does and doesn't care, he hates calling, schmoozing and trying to twist arms, which Ronnie and Bill each excelled at.

When did Obama have a supra majority?

Was it after Republicans stopped blocking Al Frankens seat and before Scott Brown took over Kennedy's seat?

Five months

so you ask me when, then tell me when:lol: ...gee thx...from July 7th till Browns swearing in on Feb 4th....they had their 3/5ths....
 
How Obama's economic recovery stacks up against Reagan's - The Week

Reagan also had a more favorable climate for bringing down the unemployment rate, as CNN's Charles Riley pointed out:

Reagan had an advantage over Obama: The recession of the early 1980s was caused by runaway inflation, which the Federal Reserve countered by hiking interest rates. When inflation dropped, the Fed lowered rates and a massive economic boom resulted.
The major causes of the recent recession were a banking crisis and housing bubble that exploded during President George W. Bush's final months in office.
Another difference: With comparatively small debt loads, Reagan was able to push through a 23 percent across-the-board cut of individual income tax rates. Obama, meanwhile, entered the presidency with substantial budget deficits and an economy contracting at a rate of 6.7 percent

And who controlled Congress in Bush's final months? :lmao: Thanks for putting me in a good mood. Getting ready to hit the Subways. Needed the laugh. :)

Bush had a Congress who was willing to work with him to resolve an economic crisis. Unlike Obama who had Republicans in Congress trying to block a recovery

One term president anyone?

Bush got a Dem congress that ran on cutting Bush era spending and wars but expanded spending and wars once they got elected.

You're actually fucking stupid RW, like no, really dude, you've gone "full retard."

It's not that Obama has the worst congress to work with, it's that congress as bad as both Reps and Dems in congress are, have the worst President to deal with.

History will show Obama for the train wreck he has been, Obama is so bad it has raised the question in average people as to if FDR was really a good President. Think about that.,
 
what a sticking load of counter factual manure...

first obama had it all year one, supra majority in the senate and a majority in the house, he had both chambers, second- there after till jan 2011, he had the power to budget as he pleased as he still had over 50 in the senate and a house majority.

theres is a huge difference between having to compromise and not, obama didn't and he didn't. Reagan never ever had that advantage and now that Obama has to, he simply can't, hes not unequipped to or refuses too, making demands and beating the snot out of the people you need to work with is counter productive.



Reagan dealt with O'Neil and vice versa and went on to make deals ala Clinton and Gingrich becasue they each knew how to compromise, but o'neil always had the whip hand, to make it appear he rolled over over is horse-shit, plain and simple.

As to the 90's, when it came to nut cutting time and becasue Clinton as a former gov. knew how to negotiate and legislate, he did, he knew what to do to get his piece of the pie and Gingrich naturally took everything he could too and they solved it, it was a back and forth and they would both claim they got what they wanted and both claimed they won, which can be judged as partially true in almost all counts.

.......Obama lacks those qualities, he doesn't know how to legislate, he doesn't know how to compromise and he doesn't understand like bill did how to craft a even a minimal win win when nothing else is/was available..... in fact even the Times has admitted he simply doesn't understand what it takes or does and doesn't care, he hates calling, schmoozing and trying to twist arms, which Ronnie and Bill each excelled at.

When did Obama have a supra majority?

Was it after Republicans stopped blocking Al Frankens seat and before Scott Brown took over Kennedy's seat?

Five months

so you ask me when, then tell me when:lol: ...gee thx...from July 7th till Browns swearing in on Feb 4th....they had their 3/5ths....

RW, is mad because even with a super majority Obama was incapable of working with his own congress.
 
How Obama's economic recovery stacks up against Reagan's - The Week

Reagan also had a more favorable climate for bringing down the unemployment rate, as CNN's Charles Riley pointed out:

Reagan had an advantage over Obama: The recession of the early 1980s was caused by runaway inflation, which the Federal Reserve countered by hiking interest rates. When inflation dropped, the Fed lowered rates and a massive economic boom resulted.
The major causes of the recent recession were a banking crisis and housing bubble that exploded during President George W. Bush's final months in office.
Another difference: With comparatively small debt loads, Reagan was able to push through a 23 percent across-the-board cut of individual income tax rates. Obama, meanwhile, entered the presidency with substantial budget deficits and an economy contracting at a rate of 6.7 percent

And who controlled Congress in Bush's final months? :lmao: Thanks for putting me in a good mood. Getting ready to hit the Subways. Needed the laugh. :)

Bush had a Congress who was willing to work with him to resolve an economic crisis. Unlike Obama who had Republicans in Congress trying to block a recovery

One term president anyone?

I am sorry what? Oh so aside from o'neil that laid down for reagan, pelosi and reid laid down for bush? :lol: wow, keep going I am having quite the laugh here to.....oh and yea they laid down for delay and hastert too, for god sakes they call them the opposition party for a reason.....
 
When did Obama have a supra majority?

Was it after Republicans stopped blocking Al Frankens seat and before Scott Brown took over Kennedy's seat?

Five months

so you ask me when, then tell me when:lol: ...gee thx...from July 7th till Browns swearing in on Feb 4th....they had their 3/5ths....

RW, is mad because even with a super majority Obama was incapable of working with his own congress.



Oh, just leave Obama alone so he can eat his waffle. It's So Hard To Not Be King.
 
What gets me about the Obama-bot crowd is that on one hand they claim BY ACCIDENT Obama saved the US from a depression. Now it's accident because noone in Obama's admin, nor Obama himself even knew a depression was possible until after the stimulus and bail-outs failed to meet a single benchmark they had set. Yet here we are, years later and a President who by ACCIDENT saved the us from a depression can't get the economy moving forward....

85 billion a month guys, that's extra, we still run an annual deficit of 1 trillion.. That means that every year, near 2 trillion+ is spent that the Government never pays for, all to "stimulate" the economy.
 
Right, the poor wealthy who have 4x the wealth under pander to the rich voodoo, while the nonrich and the country go to hell, perfect chump of the greedy idiot rich GOP...

Right now the top 1% of earners pay 20% of all federal taxes and the top 5% pay 60%. If we're their chumps then they aren't getting much for it...

Are those "income" taxes?

Why would they pay so much "income" taxes vs everyone else

Maybe because they have so much income?

My bad on the stats, the 1% I said pay 20% of taxes actually pay 40%, they earn 20% of the income. Fact are not a liberal's friend...
 
Unlike Reagan, Obama was not expected to cut Government Spending and balanace the budget while attemting to revive the economy

Of course, Reagan also had a Congress that was not trying to cut his legs out from him

He should have veto Obama care and come up with a bipartisan health care law, Than we would prolly have a 5% unemploment rate by now and no tea party to speak of.....worse mistake of his presidency. I never could understood why he couldnt have figured it out back then.
 
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