Interesting Chart on US Debt history

[Rshermr]

Employment in the public sector failed to provide the
stability it has historically shown during periods of economic
downturn. Government employment dropped by
more than 175,000 in 1982, continuing the declines that
began in mid-1980. The decrease was primarily in State
and local government, stemming largely from severe
budgetary problems and smaller school enrollments.

I guess your idiot friend will explain how the Reagan tax cuts reduced revenue for state and local government.

"how the Reagan tax cuts reduced revenue for state and local government"

By the end of Reagan’s term in office federal assistance to local governments was cut 60 percent. Reagan eliminated general revenue sharing to cities, slashed funding for public service jobs and job training, almost dismantled federally funded legal services for the poor, cut the anti-poverty Community Development Block Grant program and reduced funds for public transit. The only “urban” program that survived the cuts was federal aid for highways – which primarily benefited suburbs, not cities.

These cutbacks had a disastrous effect on cities with high levels of poverty and limited property tax bases, many of which depended on federal aid. In 1980 federal dollars accounted for 22 percent of big city budgets. By the end of Reagan’s second term, federal aid was only 6 percent.

Reagan's Legacy: Homelessness in America

Anything else you need, just ask Bubba

By the end of Reagan’s term in office federal assistance to local governments was cut 60 percent.

Hey, snapperhead, we're talking about 1981. Stay focused.

Are you ONLY interested in 1981. Cuts were in all years. You were asking about 1982 last I heard. But it is nice to know you now admit that much of state and local revenues are Federal Grants. See how nice we are to you, educating you as we do. Free of charge.


http://www.cbo.gov/publication/43967
(Yes, I know you prefer your bat shit crazy con sites to the cbo.)
Notice, me boy, how MOST of the reduction in state revenue happened by 1982.
Your welcome.

 

[Toddsterpatriot]

Sure, I think Volker killing Nixon's/Fords price and wage controls that created the inflation (mainly), helped create the Reagan recession, just like his gutting Gov't workers did, and weird how unemployment spiked AS he cut taxes, the opposite of what GOPers said would happen right?

Glad you FINALLY agree, Reagan's tax cuts for the rich cost the US treasury revenues as he tripled US debt


The Myths of Reaganomics


It's true that tax rates for higher-income brackets were cut; but for the average person, taxes rose, rather than declined.


The Myths of Reaganomics - Murray N. Rothbard - Mises Daily

weird how unemployment spiked AS he cut taxes, the opposite of what GOPers said would happen right?

Weird how unemployment spiked as Volcker hiked Fed Funds to 19%.
As mortgage rates topped 18%.
And how quickly employment and revenues recovered once rates could come back down.

Sorry, me boy. That had happened under the prior administration.

 

[Toddsterpatriot]

"how the Reagan tax cuts reduced revenue for state and local government"

By the end of Reagan’s term in office federal assistance to local governments was cut 60 percent. Reagan eliminated general revenue sharing to cities, slashed funding for public service jobs and job training, almost dismantled federally funded legal services for the poor, cut the anti-poverty Community Development Block Grant program and reduced funds for public transit. The only “urban” program that survived the cuts was federal aid for highways – which primarily benefited suburbs, not cities.

These cutbacks had a disastrous effect on cities with high levels of poverty and limited property tax bases, many of which depended on federal aid. In 1980 federal dollars accounted for 22 percent of big city budgets. By the end of Reagan’s second term, federal aid was only 6 percent.

Reagan's Legacy: Homelessness in America

Anything else you need, just ask Bubba

By the end of Reagan’s term in office federal assistance to local governments was cut 60 percent.

Hey, snapperhead, we're talking about 1981. Stay focused.

Are you ONLY interested in 1981. Cuts were in all years. You were asking about 1982 last I heard. But it is nice to know you now admit that much of state and local revenues are Federal Grants. See how nice we are to you, educating you as we do. Free of charge.

View attachment 30579
Federal Grants to State and Local Governments - CBO
(Yes, I know you prefer your bat shit crazy con sites to the cbo.)
Notice, me boy, how MOST of the reduction in state revenue happened by 1982.
Your welcome.

Are you ONLY interested in 1981.

Yes, because of your silly claim about the 1981 tax cuts causing the recession.

Federal Grants to State and Local Governments - CBO

OMG! A cut of less than $6.6 billion is your favored cause of the recession?
That's hilarious!

MOST of the reduction in state revenue happened by 1982.

Yes, deep recessions tend to reduce state tax receipts. Idiot.

 

[Rshermr]

By the end of Reagan’s term in office federal assistance to local governments was cut 60 percent.

Hey, snapperhead, we're talking about 1981. Stay focused.

Are you ONLY interested in 1981. Cuts were in all years. You were asking about 1982 last I heard. But it is nice to know you now admit that much of state and local revenues are Federal Grants. See how nice we are to you, educating you as we do. Free of charge.

View attachment 30579
Federal Grants to State and Local Governments - CBO
(Yes, I know you prefer your bat shit crazy con sites to the cbo.)
Notice, me boy, how MOST of the reduction in state revenue happened by 1982.
Your welcome.

Are you ONLY interested in 1981.

Yes, because of your silly claim about the 1981 tax cuts causing the recession.

Federal Grants to State and Local Governments - CBO

OMG! A cut of less than $6.6 billion is your favored cause of the recession?
That's hilarious!

MOST of the reduction in state revenue happened by 1982.

Yes, deep recessions tend to reduce state tax receipts. Idiot.

First, me poor ignorant con tool, it is good to see that you now understand that state and local receipts do come from federal receipts, among other sources. See, you ARE learning something from my teachings. And no me boy, it was not just local and state receipts that decreased. And also, my poor ignorant con tool, yes indeed, there is this thing called INFLATION. A few billion in 1981 was indeed a big deal. And no, it was Not just 1981, dipshit. It was several years, most notably 1982 that was most affected by tax receipt decreases.
Your great concern over a couple of points higher federal funds rate is funny. A very short lived increase indeed over the already high rates of the prior administration. Thanks for proving my point.

At any rate, talking with you with your head up your ass is getting boring. I have some salmon fishing to do, with no possibility or interest in dealing with you till I get back. In the interim, I am sure that others that will be happy to show you your errant ways.

 

[Dad2three]

The problem was, of course, in the time just after the great reagan tax decrease, which happened in early 1981. Simple answer was that not just gov jobs were lost. The loss in gov jobs created a recession that caused private jobs also to be lost.

Hilarious!

Ignore the spike in interest rates Volcker created to kill inflation. Idiot.

Economic Recovery Tax Act of 1981............... Year 1 -1.21 Year 2 -2.60 Year 3 -3.58 Year 4 -4.15 Average first 2 years -1.91 Average 4 years -2.89

You mean by the 4th year, Americans were keeping an additional 4.15% of GDP?
No wonder why the economy did so well.

Sure, I think Volker killing Nixon's/Fords price and wage controls that created the inflation (mainly), helped create the Reagan recession, just like his gutting Gov't workers did, and weird how unemployment spiked AS he cut taxes, the opposite of what GOPers said would happen right?

Glad you FINALLY agree, Reagan's tax cuts for the rich cost the US treasury revenues as he tripled US debt


The Myths of Reaganomics


It's true that tax rates for higher-income brackets were cut; but for the average person, taxes rose, rather than declined.


The Myths of Reaganomics - Murray N. Rothbard - Mises Daily

weird how unemployment spiked AS he cut taxes, the opposite of what GOPers said would happen right?

Weird how unemployment spiked as Volcker hiked Fed Funds to 19%.
As mortgage rates topped 18%.
And how quickly employment and revenues recovered once rates could come back down.

Weird. Pretty high in 1979-1980? Hmm

You saying Volker fixed it though? Not Reagan policies? Thanks




01/1981 - Unemployme*nt rate 7.5% …. Reagan sworn in.
02/1981 - 7.4%
03/1981 - 7.4%
04/1981 - 7.2%
05/1981 - 7.5%
06/1981 - 7.5%
07/1981 - 7.2%
08/1981 - 7.4% * Reagan CUTS taxes for top 1% and says unemployment will DROP to 6.9%.
09/1981 - 7.6%
10/1981 - 7.9%
11/1981 - 8.3%
12/1981 - 8.5%

01/1982 - 8.6%
02/1982 - 8.9%
03/1982 - 9.0%
04/1982 - 9.3%
05/1982 - 9.4%
06/1982 - 9.6%
07/1982 - 9.8%
08/1982 - 9.8%
09/1982 - 10.1%
10/1982 - 10.4%
11/1982 - 10.8% * Unemployment HITS a post WW2 RECORD of 10.8%.
12/1982 - 10.8%

01/1983 - 10.4%
02/1983 - 10.4%
03/1983 - 10.3%
04/1983 - 10.3%
05/1983 - 10.1%
06/1983 - 10.1%
07/1983 - 9.4%
06/1983 - 9.5%
07/1983 - 9.4%
08/1983 - 9.5%
09/1983 - 9.2%
10/1983 - 8.8%
11/1983 - 8.5%
12/1983 - 8.3%

01/1984 - 8.0%
02/1984 - 7.8%


It took Reagan 28 MONTHS to get unemployment rate back down below 8 percent.

Bureau of Labor Statistics Data



June marks 52 straight months of private sector job growth, the longest ever on record, beating out Bill Clinton's record of 51 continuous months of private sector job growth from February 1996 to April 2000

 

[Dad2three]

weird how unemployment spiked AS he cut taxes, the opposite of what GOPers said would happen right?

Weird how unemployment spiked as Volcker hiked Fed Funds to 19%.
As mortgage rates topped 18%.
And how quickly employment and revenues recovered once rates could come back down.

Sorry, me boy. That had happened under the prior administration.

Wow look how high the fed funds rate went up under Carter in Jan 1980. HMM

Carter

1979
Jan 5.9
Feb 5.9
Mar 5.8
Apr 5.8
May 5.6
Jun 5.7
Jul 5.7
Aug 6.0
Sept 5.9
Oct 6.0
Nov 5.9
Dec 6.0

1980
Jan 6.3
Feb 6.3
Mar 6.3
Apr 6.9
May 7.5
Jun 7.6
Jul 7.8
Aug 7.7
Sept 7.5
Oct 7.5
Nov 7.5
Dec 7.2


RONNIE BOY

01/1981 - Unemployme*nt rate 7.5% …. Reagan sworn in.
02/1981 - 7.4%
03/1981 - 7.4%
04/1981 - 7.2%
05/1981 - 7.5%
06/1981 - 7.5%
07/1981 - 7.2%
08/1981 - 7.4% * Reagan CUTS taxes for top 1% and says unemployment will DROP to 6.9%.
09/1981 - 7.6%
10/1981 - 7.9%
11/1981 - 8.3%
12/1981 - 8.5%

01/1982 - 8.6%
02/1982 - 8.9%
03/1982 - 9.0%
04/1982 - 9.3%
05/1982 - 9.4%
06/1982 - 9.6%
07/1982 - 9.8%
08/1982 - 9.8%
09/1982 - 10.1%
10/1982 - 10.4%
11/1982 - 10.8% * Unemployment HITS a post WW2 RECORD of 10.8%.
12/1982 - 10.8%

01/1983 - 10.4%
02/1983 - 10.4%
03/1983 - 10.3%
04/1983 - 10.3%
05/1983 - 10.1%
06/1983 - 10.1%
07/1983 - 9.4%
06/1983 - 9.5%
07/1983 - 9.4%
08/1983 - 9.5%
09/1983 - 9.2%
10/1983 - 8.8%
11/1983 - 8.5%
12/1983 - 8.3%

01/1984 - 8.0%
02/1984 - 7.8%


It took Reagan 28 MONTHS to get unemployment rate back down below 8 percent.

Bureau of Labor Statistics Data

 

[Toddsterpatriot]

Sure, I think Volker killing Nixon's/Fords price and wage controls that created the inflation (mainly), helped create the Reagan recession, just like his gutting Gov't workers did, and weird how unemployment spiked AS he cut taxes, the opposite of what GOPers said would happen right?

Glad you FINALLY agree, Reagan's tax cuts for the rich cost the US treasury revenues as he tripled US debt


The Myths of Reaganomics


It's true that tax rates for higher-income brackets were cut; but for the average person, taxes rose, rather than declined.


The Myths of Reaganomics - Murray N. Rothbard - Mises Daily

weird how unemployment spiked AS he cut taxes, the opposite of what GOPers said would happen right?

Weird how unemployment spiked as Volcker hiked Fed Funds to 19%.
As mortgage rates topped 18%.
And how quickly employment and revenues recovered once rates could come back down.

Weird. Pretty high in 1979-1980? Hmm

You saying Volker fixed it though? Not Reagan policies? Thanks




01/1981 - Unemployme*nt rate 7.5% …. Reagan sworn in.
02/1981 - 7.4%
03/1981 - 7.4%
04/1981 - 7.2%
05/1981 - 7.5%
06/1981 - 7.5%
07/1981 - 7.2%
08/1981 - 7.4% * Reagan CUTS taxes for top 1% and says unemployment will DROP to 6.9%.
09/1981 - 7.6%
10/1981 - 7.9%
11/1981 - 8.3%
12/1981 - 8.5%

01/1982 - 8.6%
02/1982 - 8.9%
03/1982 - 9.0%
04/1982 - 9.3%
05/1982 - 9.4%
06/1982 - 9.6%
07/1982 - 9.8%
08/1982 - 9.8%
09/1982 - 10.1%
10/1982 - 10.4%
11/1982 - 10.8% * Unemployment HITS a post WW2 RECORD of 10.8%.
12/1982 - 10.8%

01/1983 - 10.4%
02/1983 - 10.4%
03/1983 - 10.3%
04/1983 - 10.3%
05/1983 - 10.1%
06/1983 - 10.1%
07/1983 - 9.4%
06/1983 - 9.5%
07/1983 - 9.4%
08/1983 - 9.5%
09/1983 - 9.2%
10/1983 - 8.8%
11/1983 - 8.5%
12/1983 - 8.3%

01/1984 - 8.0%
02/1984 - 7.8%


It took Reagan 28 MONTHS to get unemployment rate back down below 8 percent.

Bureau of Labor Statistics Data



June marks 52 straight months of private sector job growth, the longest ever on record, beating out Bill Clinton's record of 51 continuous months of private sector job growth from February 1996 to April 2000

Weird. Pretty high in 1979-1980? Hmm

Weird. Record high in 1981. Hmm

You saying Volker fixed it though?

Volcker fixed inflation.

Not Reagan policies?

Reagan fixed the economy. You're welcome.

08/1981 - 7.4% * Reagan CUTS taxes for top 1% and says unemployment will DROP to 6.9%.

You should do the same thing for Obama's stimulus promise.

 

[Toddsterpatriot]

Sorry, me boy. That had happened under the prior administration.

Wow look how high the fed funds rate went up under Carter in Jan 1980. HMM

Yeah, and look at that recession.

 

[Toddsterpatriot]

Are you ONLY interested in 1981. Cuts were in all years. You were asking about 1982 last I heard. But it is nice to know you now admit that much of state and local revenues are Federal Grants. See how nice we are to you, educating you as we do. Free of charge.

View attachment 30579
Federal Grants to State and Local Governments - CBO
(Yes, I know you prefer your bat shit crazy con sites to the cbo.)
Notice, me boy, how MOST of the reduction in state revenue happened by 1982.
Your welcome.

Are you ONLY interested in 1981.

Yes, because of your silly claim about the 1981 tax cuts causing the recession.

Federal Grants to State and Local Governments - CBO

OMG! A cut of less than $6.6 billion is your favored cause of the recession?
That's hilarious!

MOST of the reduction in state revenue happened by 1982.

Yes, deep recessions tend to reduce state tax receipts. Idiot.

First, me poor ignorant con tool, it is good to see that you now understand that state and local receipts do come from federal receipts, among other sources. See, you ARE learning something from my teachings. And no me boy, it was not just local and state receipts that decreased. And also, my poor ignorant con tool, yes indeed, there is this thing called INFLATION. A few billion in 1981 was indeed a big deal. And no, it was Not just 1981, dipshit. It was several years, most notably 1982 that was most affected by tax receipt decreases.
Your great concern over a couple of points higher federal funds rate is funny. A very short lived increase indeed over the already high rates of the prior administration. Thanks for proving my point.

At any rate, talking with you with your head up your ass is getting boring. I have some salmon fishing to do, with no possibility or interest in dealing with you till I get back. In the interim, I am sure that others that will be happy to show you your errant ways.

Yeah, tell me again how the Reagan tax cuts caused government employment to drop which caused a recession. That one never gets old!!

Your great concern over a couple of points higher federal funds rate is funny.

A couple of points? Imagine Obama's unemployment numbers if the Fed Funds rate was double digits today.

Even morons like you would stop defending him.

 

[Dad2three]

weird how unemployment spiked AS he cut taxes, the opposite of what GOPers said would happen right?

Weird how unemployment spiked as Volcker hiked Fed Funds to 19%.
As mortgage rates topped 18%.
And how quickly employment and revenues recovered once rates could come back down.

Weird. Pretty high in 1979-1980? Hmm

You saying Volker fixed it though? Not Reagan policies? Thanks




01/1981 - Unemployme*nt rate 7.5% …. Reagan sworn in.
02/1981 - 7.4%
03/1981 - 7.4%
04/1981 - 7.2%
05/1981 - 7.5%
06/1981 - 7.5%
07/1981 - 7.2%
08/1981 - 7.4% * Reagan CUTS taxes for top 1% and says unemployment will DROP to 6.9%.
09/1981 - 7.6%
10/1981 - 7.9%
11/1981 - 8.3%
12/1981 - 8.5%

01/1982 - 8.6%
02/1982 - 8.9%
03/1982 - 9.0%
04/1982 - 9.3%
05/1982 - 9.4%
06/1982 - 9.6%
07/1982 - 9.8%
08/1982 - 9.8%
09/1982 - 10.1%
10/1982 - 10.4%
11/1982 - 10.8% * Unemployment HITS a post WW2 RECORD of 10.8%.
12/1982 - 10.8%

01/1983 - 10.4%
02/1983 - 10.4%
03/1983 - 10.3%
04/1983 - 10.3%
05/1983 - 10.1%
06/1983 - 10.1%
07/1983 - 9.4%
06/1983 - 9.5%
07/1983 - 9.4%
08/1983 - 9.5%
09/1983 - 9.2%
10/1983 - 8.8%
11/1983 - 8.5%
12/1983 - 8.3%

01/1984 - 8.0%
02/1984 - 7.8%


It took Reagan 28 MONTHS to get unemployment rate back down below 8 percent.

Bureau of Labor Statistics Data



June marks 52 straight months of private sector job growth, the longest ever on record, beating out Bill Clinton's record of 51 continuous months of private sector job growth from February 1996 to April 2000

Weird. Pretty high in 1979-1980? Hmm

Weird. Record high in 1981. Hmm

You saying Volker fixed it though?

Volcker fixed inflation.

Not Reagan policies?

Reagan fixed the economy. You're welcome.

08/1981 - 7.4% * Reagan CUTS taxes for top 1% and says unemployment will DROP to 6.9%.

You should do the same thing for Obama's stimulus promise.

So 'record' high means 40% higher unemployment AFTER the admin said tax cuts would bring down unemployment? lol

Obama promise? Oh you mean PREDICTION coming out the 7th of January 2009, before we knew the extent of Dubya's damage where the economy tanked 9%+ the last quarter of 2008!

If Ronnie 'fixed' the economy, how did he triple debt and then hand off his S&L ponzi scheme to Dubya's daddy?

 

[Dad2three]

Are you ONLY interested in 1981.

Yes, because of your silly claim about the 1981 tax cuts causing the recession.

Federal Grants to State and Local Governments - CBO

OMG! A cut of less than $6.6 billion is your favored cause of the recession?
That's hilarious!

MOST of the reduction in state revenue happened by 1982.

Yes, deep recessions tend to reduce state tax receipts. Idiot.

First, me poor ignorant con tool, it is good to see that you now understand that state and local receipts do come from federal receipts, among other sources. See, you ARE learning something from my teachings. And no me boy, it was not just local and state receipts that decreased. And also, my poor ignorant con tool, yes indeed, there is this thing called INFLATION. A few billion in 1981 was indeed a big deal. And no, it was Not just 1981, dipshit. It was several years, most notably 1982 that was most affected by tax receipt decreases.
Your great concern over a couple of points higher federal funds rate is funny. A very short lived increase indeed over the already high rates of the prior administration. Thanks for proving my point.

At any rate, talking with you with your head up your ass is getting boring. I have some salmon fishing to do, with no possibility or interest in dealing with you till I get back. In the interim, I am sure that others that will be happy to show you your errant ways.

Yeah, tell me again how the Reagan tax cuts caused government employment to drop which caused a recession. That one never gets old!!

Your great concern over a couple of points higher federal funds rate is funny.

A couple of points? Imagine Obama's unemployment numbers if the Fed Funds rate was double digits today.

Even morons like you would stop defending him.

Now you want to go the imaginary route? I thought your disinformation and lies were bad enough...

 

[Dad2three]

Wow look how high the fed funds rate went up under Carter in Jan 1980. HMM

Yeah, and look at that recession.

Yeah, Ronnie did that. And?

 

[Toddsterpatriot]

Wow look how high the fed funds rate went up under Carter in Jan 1980. HMM

Yeah, and look at that recession.

Yeah, Ronnie did that. And?

The Carter recession, dimwit.

 

[Toddsterpatriot]

Weird. Pretty high in 1979-1980? Hmm

You saying Volker fixed it though? Not Reagan policies? Thanks




01/1981 - Unemployme*nt rate 7.5% …. Reagan sworn in.
02/1981 - 7.4%
03/1981 - 7.4%
04/1981 - 7.2%
05/1981 - 7.5%
06/1981 - 7.5%
07/1981 - 7.2%
08/1981 - 7.4% * Reagan CUTS taxes for top 1% and says unemployment will DROP to 6.9%.
09/1981 - 7.6%
10/1981 - 7.9%
11/1981 - 8.3%
12/1981 - 8.5%

01/1982 - 8.6%
02/1982 - 8.9%
03/1982 - 9.0%
04/1982 - 9.3%
05/1982 - 9.4%
06/1982 - 9.6%
07/1982 - 9.8%
08/1982 - 9.8%
09/1982 - 10.1%
10/1982 - 10.4%
11/1982 - 10.8% * Unemployment HITS a post WW2 RECORD of 10.8%.
12/1982 - 10.8%

01/1983 - 10.4%
02/1983 - 10.4%
03/1983 - 10.3%
04/1983 - 10.3%
05/1983 - 10.1%
06/1983 - 10.1%
07/1983 - 9.4%
06/1983 - 9.5%
07/1983 - 9.4%
08/1983 - 9.5%
09/1983 - 9.2%
10/1983 - 8.8%
11/1983 - 8.5%
12/1983 - 8.3%

01/1984 - 8.0%
02/1984 - 7.8%


It took Reagan 28 MONTHS to get unemployment rate back down below 8 percent.

Bureau of Labor Statistics Data



June marks 52 straight months of private sector job growth, the longest ever on record, beating out Bill Clinton's record of 51 continuous months of private sector job growth from February 1996 to April 2000

Weird. Pretty high in 1979-1980? Hmm

Weird. Record high in 1981. Hmm

You saying Volker fixed it though?

Volcker fixed inflation.

Not Reagan policies?

Reagan fixed the economy. You're welcome.

08/1981 - 7.4% * Reagan CUTS taxes for top 1% and says unemployment will DROP to 6.9%.

You should do the same thing for Obama's stimulus promise.

So 'record' high means 40% higher unemployment AFTER the admin said tax cuts would bring down unemployment? lol

Obama promise? Oh you mean PREDICTION coming out the 7th of January 2009, before we knew the extent of Dubya's damage where the economy tanked 9%+ the last quarter of 2008!

If Ronnie 'fixed' the economy, how did he triple debt and then hand off his S&L ponzi scheme to Dubya's daddy?

08/1981 - 7.4% * Reagan CUTS taxes for top 1% and says unemployment will DROP to 6.9%.

No wonder why you're so confused.

 

[Dad2three]

Yeah, and look at that recession.

Yeah, Ronnie did that. And?

The Carter recession, dimwit.

Weird, you blaming the recession started under Reagan, after he cut taxes that were supposed to lower unemployment, on Carter when the 1970's were a result of Nixon/Fords wage and price controls and OPEC?

 

[Toddsterpatriot]

Yeah, Ronnie did that. And?

The Carter recession, dimwit.

Weird, you blaming the recession started under Reagan, after he cut taxes that were supposed to lower unemployment, on Carter when the 1970's were a result of Nixon/Fords wage and price controls and OPEC?

Learn to read a chart.
There are 2 recessions.
One, while Carter was President, one while Reagan was President.

 

[Dad2three]

The Carter recession, dimwit.

Weird, you blaming the recession started under Reagan, after he cut taxes that were supposed to lower unemployment, on Carter when the 1970's were a result of Nixon/Fords wage and price controls and OPEC?

Learn to read a chart.
There are 2 recessions.
One, while Carter was President, one while Reagan was President.

Sure Bubba, give me the chart that shows that? The charts posted were mortgage rates and federal funds dummy

HERE THERE, SHOW ME

 

[Toddsterpatriot]

Weird, you blaming the recession started under Reagan, after he cut taxes that were supposed to lower unemployment, on Carter when the 1970's were a result of Nixon/Fords wage and price controls and OPEC?

Learn to read a chart.
There are 2 recessions.
One, while Carter was President, one while Reagan was President.

Sure Bubba, give me the chart that shows that? The charts posted were mortgage rates and federal funds dummy

HERE THERE, SHOW ME

Umm.....the SHADED AREAS INDICATE US RECESSIONS.

Start dates 1/80 and 7/81 on your chart. Idiot.

 

[Dad2three]

Learn to read a chart.
There are 2 recessions.
One, while Carter was President, one while Reagan was President.

Sure Bubba, give me the chart that shows that? The charts posted were mortgage rates and federal funds dummy

HERE THERE, SHOW ME

Umm.....the SHADED AREAS INDICATE US RECESSIONS.

Start dates 1/80 and 7/81 on your chart. Idiot.

Why the fuck would I be looking for recessions in a mortgage or fed funds rate dumbass?

 

[Toddsterpatriot]

Sure Bubba, give me the chart that shows that? The charts posted were mortgage rates and federal funds dummy

HERE THERE, SHOW ME

Umm.....the SHADED AREAS INDICATE US RECESSIONS.

Start dates 1/80 and 7/81 on your chart. Idiot.

Why the fuck would I be looking for recessions in a mortgage or fed funds rate dumbass?

Learn how to read a chart, you won't sound so stupid.