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Unemployment hit 10.8% by August of 1983 under "Saint" Ronnie Reagan.

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dumpdabaggers Donating Member (275 posts) Send PM | Profile | Ignore Fri May-07-10 10:27 PM
Original message
Unemployment hit 10.8% by August of 1983 under "Saint" Ronnie Reagan.
When Reagan took office in January 1981 unemployment was 7.7%. By August of 1983, his third year, it had soared to 10.8%. By November of 1984 when he won 49 states, it was still 7.7%. Yet, he ran in 84 claiming we had made this "dramatic turn around." It was "Morning in America."

When you mention this to right wingers they just get silent. They do not know what to say.

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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Fri May-07-10 10:30 PM
Response to Original message
1. Deleted message
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:34 PM
Response to Reply #1
3. It's a good point, and an obvious one.
Unemployment was higher under Saint Ronnie than it is now under Obama.
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dumpdabaggers Donating Member (275 posts) Send PM | Profile | Ignore Fri May-07-10 10:51 PM
Response to Reply #3
10. Yes Lasher, is this not obvious?
NT
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:38 PM
Response to Reply #1
4. Here's my point: Reagan sold that shit and people believed it. Obama needs to do the same
Reagan said it was morning in American again and people believed it. Obama needs to take credit for turning the economy around.

Every single Republican in the house voted against the recovery act. Every single one!

"We were right and they were wrong."

Let's hear it, Dems. Grow a spine and shove the recovery back in the Republicans faces.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:45 PM
Response to Reply #4
8. Reagan sold that shit and some Democrats believed it.
The RW isn't going to believe a damn thing positive about Obama.

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Forkboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-10 02:02 PM
Response to Reply #1
12. He should learn to cut and paste and use blue links.
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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:33 PM
Response to Original message
2. That's different you see, that was Carter's fault
the unemployment now is Obama's fault. Republicans take credit for the good stuff all the bad stuff is the Democrat's fault, hey it seems to work pretty well for them.
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:40 PM
Response to Reply #2
5. Hey, we could have done the same thing...
Edited on Fri May-07-10 10:40 PM by DrToast
At Reagans first state of the Union address, he dumped on the Democrats for the economy. He constantly made sure the people never forgot about when the troubles with the economy started.

We could have done the same--and it actually would have been true--but instead we let the Republicans blame the economy on "socialism."
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doc03 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:46 PM
Response to Reply #5
9. I said that from the start every f----g time the economy was
mentioned it should have been called the Bush Depression.
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HughMoran Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:42 PM
Response to Original message
6. Show this plot to the ever pessimistic who keep kicking Obama in the balls here


Look what happened after Reagan passed his "stimulus" package!

:rofl:
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-07-10 10:43 PM
Response to Original message
7. IMO, Hart would have won in 84 but the Dem establishment chose to back a sure loser in Mondale
Edited on Fri May-07-10 10:43 PM by depakid
Sometimes, one has to just shake their head when they see how little has changed.
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harkadog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-10 01:19 PM
Response to Original message
11. Why are our economic and employment standards
always measured against Reagan or Bush? Are we really satisfied if we are not as bad as them?
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dumpdabaggers Donating Member (275 posts) Send PM | Profile | Ignore Sat May-08-10 02:13 PM
Response to Reply #11
13. Because righties claim that was the "golden era" of prosperity.
NT
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harkadog Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-10 02:53 PM
Response to Reply #13
14. I guess I don't spend a lot of time worrying about what righties claim.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Sat May-08-10 03:31 PM
Response to Original message
15. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
Forkboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-10 03:56 PM
Response to Reply #15
16. "Speaker Boehner has a nice ring to it and Majority Leader McConnell sounds just as nice."
Edited on Sat May-08-10 03:57 PM by Forkboy
Bet you rooted against Newman in Cool Hand Luke, didn't you? :rofl:



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JoePhilly Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-10 03:57 PM
Response to Reply #15
17. You may want to check YOUR facts ....
You bring out the "Obama promised 8%" meme. Of course no such "promise" was every made ... and the fact you call it a "promise" suggests you have only partisan motives. That becomes clear in how your post closes. But I'll skip that.

The 8% projection was based on an ESTIMATE of the Jan 2009 unemployment rate. The ESTIMATE had unemployment for Jan 2009 at 6.5%. In reality, we now know it was already at 7.7% by the end of Jan 2009.

We also now know that he ACTUAL unemployment rate at the end of February 2009 was already 8.2%. As you may recall, the stimulus did not even pass until late Feb 2009. By the end of March, still far too soon for any stimulus impact, the ACTUAL unemployment rate was 8.6%.

So as you can see (link below) the "promise" you refer to (which was not actually a promise) could never have been kept. The ACTUAL unemployment rate was already past 8% when the stimulus passed. Funny you don't know that.

It is also clear to anyone paying attention that the free fall is OVER.

http://www.tradingeconomics.com/Economics/Unemployment-Rate.aspx?Symbol=USD
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Forkboy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-08-10 03:59 PM
Response to Original message
18. Extra points for drawing out a troll!
Raygun threads get 'em everytime!
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