buckeye45_73
Lakhota's my *****
- Jun 4, 2011
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Yeah we didnt have affirmative action housingGuy, I was around then. THings were actually pretty shitty in the early 1980's. And I supported reagan back then in my jaded youth as a young republican.
And again, this is what teh government did to itself...
I've blown you away with facts and figures, and you want to talk about "Cyclical measures"? Really?
How about addressing the points I brought up and backed up with facts and figures first?
"The Reagan recovery had one of the fastest rates of growth we ever saw," said Barry Bosworth, an economist at the Brookings Institution. "If anything it was too strong. It was spectacular."
Just take a look at the numbers:
The economy grew at 4.5% in 1983, with a few quarters of growth north of 8%. In 2011, meanwhile, the economy grew just 1.7%.
In just one month -- September 1983 -- the economy added more than a million jobs. For the full year, the economy added almost 3.5 million jobs, a trend that continued into 1984, an election year in which Reagan captured 49 states in a landslide victory.
Obama can claim job growth of 1.8 million in 2011. A welcome comeback, but still tepid by comparison.
Looking ahead to 2012, Obama could replicate the 243,000 jobs created in January over each of the next 11 months and still not approach Reagan's total for 1984 of 3.9 million.
Obama and Reagan: A tale of two recoveries - Feb. 6, 2012
You've blwon nobody away with anything sweetcheeks...and I was there too
Bammy can't even APPROACH what REagan did...
Now as to your last question, YOU tout Keynesian economics and you don't even know what it is...if you can't tell me what he meant by counter cyclical meant in his system it makes you no more than a parrot...I can duel with you with sources and citations all day long...what it comes down to is you believe what you want to...and it changes nothing, you don't know what the Keynesian systwm teaches.
You are dismissed.
I don't suppose it matters to you that we had a very different economy 30 years ago when Reagan was president.