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

 
Anonymous Coward
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05/07/2014 09:02 PM
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This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
[link to www.ijreview.com]


Job growth has declined under Obama. And by the end of the second year of their terms as President, economic growth under Reagan averaged 7.1% , under Obama an anemic 2.8%.

So, how did Reagan manage it? Across-the-board tax cuts, non-defense spending cuts, a restrained monetary supply, and deregulation.

What’s Obama done? Tax increases, spending increases, a massive money-supply increase through “quantitative easing,” and an explosive increase in regulations.
Anonymous Coward
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05/07/2014 09:08 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Wow.
Anonymous Coward (OP)
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05/07/2014 09:10 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Wow.
 Quoting: Anonymous Coward 39595739


That was my reaction to it too!

and thanks for pinning mods ... I come here a lot but I don't usually post anything the last few days I've found things that interest me and hadn't been posted here yet so it's my way of giving back a little!

hf
Anonymous Coward
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05/07/2014 09:12 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
bump
Copperhead

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05/07/2014 09:17 PM

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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Obama is the Anti-Reagan, sent to create division and destroy the United States.
Anonymous Coward
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05/07/2014 09:17 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
glassesoff
ISO

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05/07/2014 09:19 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
So what? The Democratic candidate is going to win the presidency over and over and over for ever more.

No conservative can survive the character assassination waiting for them by the media during the next presidential election cycle.
Anonymous Coward
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05/07/2014 09:22 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
So what? The Democratic candidate is going to win the presidency over and over and over for ever more.

No conservative can survive the character assassination waiting for them by the media during the next presidential election cycle.
 Quoting: ISO


stfu
ScrumpTheTexanModerator
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05/07/2014 09:32 PM

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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Obama is the Anti-Reagan, sent to create division and destroy the United States.
 Quoting: Copperhead


indeed
I am a Christian.

Christian does not equal doormat or pushover

"I Have Sworn upon the Altar of God... Eternal Hostility against every form of Tyranny over the mind of man." -Thomas Jefferson, Sep. 23, 1800

MedinaD

The Election of Donald John Trump: [link to www.godlikeproductions.com]

For previous Newsletters, click 'Scrump's News Letters' @ [link to www.godlikeproductions.com]
Engonoceras

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05/07/2014 09:38 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
The dichotomy could not be more obvious.

Yet, Liberals will continue the hate on Reagan while their own Messiah has presided over a "lost generation" and pushing median incomes DOWN.

All the "Hope and Change" is pretty damn useless when your own policies has contracted employment to such a degree that nobody can climb the economic ladder and the bottom rungs have been snapped off.

We are all suffering under this Tyranny of Academicians while Obama and the Left and their minions continues to politically masturbate.

Last Edited by RegalBeast on 05/07/2014 09:43 PM
Copperhead

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05/07/2014 09:40 PM

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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Check out the other story linked in the original;

"Warning: This contains a bunch of mind-bogglingly gigantic numbers that we’ll try to make understandable!

The non-partisan Congressional Budget Office just released its analysis of the budget proposal that President Obama presented last month. The result: it would yield the highest level of sustained taxation in the history of the country. Over the next 10 years, taxes would grow from 17.6% of gross domestic product to 18.7%. As current GDP is just under $17 trillion, that means annual taxes would be $3.1 trillion, or $9,804 for every American."

Here’s a graph showing taxes as a percentage of GDP since 1930:

[link to www.ijreview.com]
ACG
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05/07/2014 09:41 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Recovery is correct. Recover the wealth from the people to the corporations.
TheTruthMonger

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05/07/2014 09:43 PM

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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Well, in this "opposite" world in which we live, "recovery" is the perfect description
Anonymous Coward
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05/07/2014 09:44 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
The difference is, Shitt Romney hadn't shipped all the American jobs and factories to China yet as part of his "creative destruction" bullshit.

You should have hung every one of those free trader motherfuckers, Reagan included, when you had the chance.
Engonoceras

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05/07/2014 09:46 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Recovery is correct. Recover the wealth from the people to the corporations.
 Quoting: ACG 57789611


This is true, and all on Obama's watch also.
Miss H.  (OP)

User ID: 53687914
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05/07/2014 09:47 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Check out the other story linked in the original;

"Warning: This contains a bunch of mind-bogglingly gigantic numbers that we’ll try to make understandable!

The non-partisan Congressional Budget Office just released its analysis of the budget proposal that President Obama presented last month. The result: it would yield the highest level of sustained taxation in the history of the country. Over the next 10 years, taxes would grow from 17.6% of gross domestic product to 18.7%. As current GDP is just under $17 trillion, that means annual taxes would be $3.1 trillion, or $9,804 for every American."

Here’s a graph showing taxes as a percentage of GDP since 1930:

[link to www.ijreview.com]
 Quoting: Copperhead


I was almost afraid to look .. but I did anyway and wow just wow
I don't even know what to say

gaah
~humans are such strange creatures some are capable of kindness beyond that of angels ... others commit acts that would put a demon to shame~
Anonymous Coward
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05/07/2014 09:50 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
What....you expected a community organizing fraud would be able to run the largest economy in the world?

Nothing shocking here....its just sad that we let this clown anywhere near the Oval Office.

Import poverty, export jobs. Welcome to the OWEbama-nation.
scottfree

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05/07/2014 09:50 PM

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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
So what? The Democratic candidate is going to win the presidency over and over and over for ever more.

No conservative can survive the character assassination waiting for them by the media during the next presidential election cycle.
 Quoting: ISO


stfu
 Quoting: Anonymous Coward 57614684


So you disagree with ISO, huh? fool!
J 17:15: "I pray not that Thou shouldst take them out of the world, but that Thou shouldst keep them from the evil. vs20: Neither pray I for these alone, but for them also which shall believe on me through their word."

"The first time I saw Billy, he came walking out of a cloud." McMurtry
Anonymous Coward
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05/07/2014 09:52 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
Wow.
 Quoting: Anonymous Coward 39595739


That is a Communist Recovery. Welfare bums love it.
scottfree

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05/07/2014 09:53 PM

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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
The difference is, Shitt Romney hadn't shipped all the American jobs and factories to China yet as part of his "creative destruction" bullshit.

You should have hung every one of those free trader motherfuckers, Reagan included, when you had the chance.
 Quoting: Anonymous Coward 46604335


I get dibs on Dole!
J 17:15: "I pray not that Thou shouldst take them out of the world, but that Thou shouldst keep them from the evil. vs20: Neither pray I for these alone, but for them also which shall believe on me through their word."

"The first time I saw Billy, he came walking out of a cloud." McMurtry
Anonymous Coward
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05/07/2014 09:53 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
During Reagan's time the Federal Reserve issued everyone credit, during Obama's time the Federal Reserve shut the door.
Simple.
Anonymous Coward
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05/07/2014 09:54 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
You just made every liberals head explode.
Professional Amateur
Cancelling Tomorrow

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05/07/2014 09:55 PM

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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
bottlebump
Copperhead

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05/07/2014 09:57 PM

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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
During Reagan's time the Federal Reserve issued everyone credit, during Obama's time the Federal Reserve shut the door.
Simple.
 Quoting: Anonymous Coward 52197375


The Central Bank has been digitizing (Printing) money as fast as they can and shoving it into the system to keep it afloat. What the hell are you talking about?

During the Reagan years interest rates were not 0 and I was not getting credit offers in the mail every day.
Anonymous Coward
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05/07/2014 09:59 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
During Reagan's time the Federal Reserve issued everyone credit, during Obama's time the Federal Reserve shut the door.
Simple.
 Quoting: Anonymous Coward 52197375


The Central Bank has been digitizing (Printing) money as fast as they can and shoving it into the system to keep it afloat. What the hell are you talking about?

During the Reagan years interest rates were not 0 and I was not getting credit offers in the mail every day.
 Quoting: Copperhead


That money has not reached the average person. It's called money velocity.
Miss H.  (OP)

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05/07/2014 09:59 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
You just made every liberals head explode.
 Quoting: Astral Goat


It would be nice then stupid people wouldn't be able to vote ... but then again seems they don't use that much to begin with!
hf
~humans are such strange creatures some are capable of kindness beyond that of angels ... others commit acts that would put a demon to shame~
Copperhead

User ID: 57200962
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05/07/2014 10:02 PM

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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
During Reagan's time the Federal Reserve issued everyone credit, during Obama's time the Federal Reserve shut the door.
Simple.
 Quoting: Anonymous Coward 52197375


The Central Bank has been digitizing (Printing) money as fast as they can and shoving it into the system to keep it afloat. What the hell are you talking about?

During the Reagan years interest rates were not 0 and I was not getting credit offers in the mail every day.
 Quoting: Copperhead


That money has not reached the average person. It's called money velocity.
 Quoting: Anonymous Coward 52197375


The average person has access to cheap money if they want right now with the historically low interest rates, unless they are maxed out with borrowed money already.

I lived through the '70s and '80s and can tell you the money spigots were not open like they are now.
Anonymous Coward
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05/07/2014 10:02 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
There is no money velocity. Period. If you are a hedge fund you get money, if you are John Q Public you get shit. Reagan's time money was made available to everyone, to remodel, purchase homes, buy cars, start businesses etc. You can print all you want and have interest rates close to zero, but if people can't access the money there will be no "recovery".
Sorry.
Anonymous Coward
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05/07/2014 10:03 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
During Reagan's time the Federal Reserve issued everyone credit, during Obama's time the Federal Reserve shut the door.
Simple.
 Quoting: Anonymous Coward 52197375


The Central Bank has been digitizing (Printing) money as fast as they can and shoving it into the system to keep it afloat. What the hell are you talking about?

During the Reagan years interest rates were not 0 and I was not getting credit offers in the mail every day.
 Quoting: Copperhead


That money has not reached the average person. It's called money velocity.
 Quoting: Anonymous Coward 52197375


The average person has access to cheap money if they want right now with the historically low interest rates, unless they are maxed out with borrowed money already.

I lived through the '70s and '80s and can tell you the money spigots were not open like they are now.
 Quoting: Copperhead


bsflag
Copperhead

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05/07/2014 10:08 PM

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


The Central Bank has been digitizing (Printing) money as fast as they can and shoving it into the system to keep it afloat. What the hell are you talking about?

During the Reagan years interest rates were not 0 and I was not getting credit offers in the mail every day.
 Quoting: Copperhead


That money has not reached the average person. It's called money velocity.
 Quoting: Anonymous Coward 52197375


The average person has access to cheap money if they want right now with the historically low interest rates, unless they are maxed out with borrowed money already.

I lived through the '70s and '80s and can tell you the money spigots were not open like they are now.
 Quoting: Copperhead


bsflag
 Quoting: Anonymous Coward 52197375


We bought our acreage in 1985, needed 25% down and no bank wanted to loan us the cash for it. If it was today I could purchase it with little down and get a loan just about anywhere. At the same time all the farmers in the Midwest were struggling and going bust because they could not get the operating capital they needed from the banks.

I lived it, and I remember. Access to money is easier today than in Reagans time.

Last Edited by Copperhead on 05/07/2014 10:11 PM
Anonymous Coward
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05/07/2014 10:14 PM
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Re: This Simple Graph Compares Reagan’s and Obama’s ‘Recoveries’
...


That money has not reached the average person. It's called money velocity.
 Quoting: Anonymous Coward 52197375


The average person has access to cheap money if they want right now with the historically low interest rates, unless they are maxed out with borrowed money already.

I lived through the '70s and '80s and can tell you the money spigots were not open like they are now.
 Quoting: Copperhead


bsflag
 Quoting: Anonymous Coward 52197375


We bought our acreage in 1985, needed 25% down and no bank wanted to loan us the cash for it. If it was today I could purchase it with little down and get a loan just about anywhere. At the same time all the farmers in the Midwest were struggling and going bust because they could not get the operating capital they needed from the banks.

I lived it, and I remember. Access to money is easier today than in Reagans time.
 Quoting: Copperhead

Also please remember there is a bigger world than just your experience. A REALLY BIG WORLD. Mortgage companies are laying of 10's of thousands of people. If money was being given away they would be hiring not firing. Think about it.





GLP