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Reply #9: The recession of the early 80's was just as [View All]

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Home » Discuss » General Discussion: Presidency Donate to DU
doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-16-09 06:25 PM
Response to Reply #6
9. The recession of the early 80's was just as
bad IMO. I was laid off back then for over a year and never returned to my former job for 3 1/2 years. Don't they say the unemployment is the worst we have had in 26 years? Yes we almost had a total collapse of the entire financial system and I think we were damn lucky it isn't much worse.
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  -These Two Economic Stimulus Plans Could Pull Us Out Of "The Great Recession" Better Believe It  Nov-16-09 01:54 PM   #0 
  - The economy is improving, the jobs will follow  doc03   Nov-16-09 02:03 PM   #1 
  - Right .... the economy is improving by leaps and bounds .... just ask anyone on Wall Street  Better Believe It   Nov-16-09 02:08 PM   #2 
  - You can't pass another stimulus plan  doc03   Nov-16-09 02:15 PM   #3 
  - I agree you probably can't pass another bill  Sinti   Nov-16-09 02:21 PM   #4 
  - It's a recession, that's what happens people loose jobs  doc03   Nov-16-09 02:34 PM   #5 
     - This is not your "normal" recession. You've never seen or experienced this before.  Better Believe It   Nov-16-09 02:47 PM   #6 
     - The recession of the early 80's was just as  doc03   Nov-16-09 06:25 PM   #9 
        - The Reagan recession was deliberately caused in order to "wring" inflation out of the economy.  Better Believe It   Nov-16-09 10:25 PM   #14 
           - The heck it didn't crash I was a victim of it  doc03   Nov-17-09 09:35 AM   #15 
           - You didn't live in New York during the Reagan era did you?  vaberella   Nov-17-09 10:44 AM   #16 
              - All credible economists recognize that the recession was planned and deliberate ....  Better Believe It   Nov-17-09 03:54 PM   #17 
     - "4 or 5% permanent unemployment to keep wages down"  Sinti   Nov-16-09 02:52 PM   #8 
        - The 4 or 5% unemployment figure is not  doc03   Nov-16-09 06:33 PM   #10 
           - **grin** and he admitted it in front of everyone just once.  Sinti   Nov-16-09 07:11 PM   #13 
  - Perhaps you've been watching and paying attention to the talking heads on CNBC too much.  Better Believe It   Nov-16-09 02:49 PM   #7 
  - the first stimulous is largely unspent. give it time.  dionysus   Nov-18-09 11:39 AM   #20 
  - hahahahahaha . . . hahahahahaha!  branders seine   Nov-16-09 06:34 PM   #11 
  - I see that some still have their heads in the sand  depakid   Nov-16-09 06:36 PM   #12 
  - "Obama lacks the political capital." How about him just using some!!  valleywine   Nov-17-09 04:25 PM   #18 
  - $500 Billion stimulus plan to upgrade railroads, mass transit, highways hits federal pothole  Better Believe It   Nov-17-09 10:18 PM   #19 
 

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