Moonglow
Diamond Member
- Jun 27, 2011
- 220,112
- 52,134
The deregulation era started in 1968, the 1970's saw more deregulation until the 1980's was the last decade of the deregulation legislation and regulatory committee evaluated the end results for future Congressional consideration...Except that the Democrat pushed through Ronald Reagan's economic plans. They lowered taxes big time (this was before they became the unhinged, radical marxists that they are now). Reagan also cut regulations on business. He implemented true conservative free-market policy and as always, it worked flawlessly. It created wealth and prosperity.The Democratic Congress.Typical liberal....decides that the innaguration numbers (which were the reason for the post and which can't changHow many years outdated is that chart?Oops....I already nailed you on those same lies, so what do you do as a worthless lying scum POS CON$ervoFascist, you just parrot the same lies over again.
The U-3 was 7.8% and skyrocketing and the U-6 was 14.2% and skyrocketing when Bush left.
View attachment 71388![]()
Bwahahahaha!!!! Um....how does that work exactly?!? How does an economy make a drastic recovery in spite of the economic policies that you claim don't work?!?When Carter left office there was no recession, Reagan's policies created one of the worst since the Great Republican Depression. The economy recovered in spite of Reagan, not because of St Ronnie!!!Um....junior? When Jimmy Carter was in office - there was a major energy crisis. People would wait in line for hours when a gas station finally received a delivery and then some would end up leaving without gas anyway. Interest rates were insane - like 20% or something. The reason Carter was a one pump chump was because the economy was such a train wreck. That's why the American people ousted a sitting president (a very rare occurrence) and turned to Ronald Reagan. And he delivered in a huge way. By the time he left office in 1988, the economy was booming.Reagan took office Jan 1981, the Reagan Recession began at the end of 1982, so Carter had nothing to do with the Reagan Recession, which at the time was the worst since the Great Republican Depression.
UE was 7.8% and skyrocketing when Bush left, or if we are using the "more like" rate 14.2%. The stimulus was $787 billion, NOT over a trillion, 1/3 of which was tax cuts, and the skyrocketing Bush unemployment was already over 8% by the time the stimulus was signed, and nearly 16% on the "more like" scale.
Would you like to try again?
![]()
And as always, the implementation of left-wing policy by Obama has created more poverty and more misery.