Reagan's Inherited Mess vs. Obama's Inherited Mess
whygohome
Posts: 2,305
Very different circumstances (apples and oranges if you ask me) but let's have at it anyway!!!
http://www.dailykos.com/story/2012/04/2 ... an-You-Did
Sorry President Obama, "Ronald Reagan Inherited a Much Worse Mess Than You Did".
Gov. Mitch Daniels, who continues to attract GOP VP speculation, appeared on Fox News Sunday with Chris Wallace. He was asked, very bluntly by Wallace, (except of course he frames it as 'the Obama argument') how going back to George Bush's trickle down, tax cuts for the rich policies could result in anything but more of the same, i.e. really bad news.
The answer is hardly surprising coming from a Republican. Sure, President Obama got a pretty raw deal but you know who had a worse mess when they entered office? If you guessed Ronald Reagan, you would be right of course.
The all purpose answer to anything and everything GOP. Ronald Reagan!
From the interview on Fox News Sunday with Gov. Mitch Daniels:
WALLACE: Well, let me pick up on that, though. What about the Obama argument that he inherited a mess from George W. Bush, and that if Romney gets in to office and enacts the policies he's espousing, that he will simply return us to that mess?
Governor Romney has endorsed Paul Ryan's budget. In principle, Ryan cuts tax rates for the rich without specifying which loopholes he would close. Ryan cuts nondefense discretionary spending by 19 percent in 2014, which the Obama campaign says would mean major cuts in Head Start, medical research and healthcare for the poor.
So, how about the Obama argument, what Romney will do is give tax cuts to the rich and spending cuts to the poor and the middle class?
DANIELS: First of all, the president did inherit a mess but it's not the first time it's ever happened. He's done less with the mess than anyone else ever did. Ronald Reagan inherited a bigger one and had a roaring economy already by this stage.
Whoa, let's stop right there. What a full of fail, full of lies package in two little sentences. It's not the 'first time' it's ever happened. True. There was that Great Depression thing. Which was created under a Republican administration and the country crawled out of with a Democratic president. So it's only been about 70 years or so since it happened before.
Ronald Reagan inherited a 'bigger mess'? Really? That's the new GOP talking point? Even if that were remotely true, that hardly discounts everything President Obama has done to get the economy going. Not to mention against historic intransigence from the opposition party. And the economy was 'roaring three years into his presidency?
How bad was the recession Reagan inherited?
The early 1980s recession was a severe recession in the United States which began in July 1981 and ended in November 1982
It didn't start until months into Reagan's first term.
According to Bloomberg News, who know a thing or two about the economy, the recession of 2009 is the worst on record since WWII.
Aug. 1 (Bloomberg) -- The first 12 months of the U.S. recession saw the economy shrink more than twice as much as previously estimated, reflecting even bigger declines in consumer spending and housing, revised figures showed.
The world’s largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, compared with the 0.8 percent drop previously on the books, the Commerce Department said yesterday in Washington. Gross domestic product has shrunk 3.9 percent in the past year, the report said, indicating the worst slump since the Great Depression.
“The current downturn beginning in 2008 is more pronounced,” Steven Landefeld, director of the Commerce Department’s Bureau of Economic Analysis, said in a press briefing this week. The revisions were in line with past experience in which initial figures tended to underestimate the severity of contractions during their early stages, he said.
And what about those terrible unemployment rates Reagan inherited, and how the economy was 'roaring' by year three. What was the unemployment rate when Reagan took office in January 1981? It was 7.5 percent. During the course of his first term the unemployment rate continued to climb, to double digits - 10.4 in January 1984. And by the end of his first term, December 1984, he had gotten it back down - all the way 7.3%, where he essentially started.
And Daniels continues on with his lies:
This is the weakest recovery, at least in the post-war period, if not ever, given the depth of the recession that we were in. With regard to how we get out of it, you can start by saying we couldn't do worse than the policy mix of this president -- gigantic new spending, gigantic new taxes, a takeover of 18 percent or 19 percent of the economy in the Obamacare bill. Anything would be better than that.
Wait, what? 'Given the depth of the recession that we were in' ? So, it was a really bad recession? Sure, 'gigantic' new spending. That is how you stimulate the economy, and it wasn't the trillion plus that really would have made a difference. Gigantic nex taxes? Really? Please see the 17 new small business tax cuts President Obama signed into law, including the JOBS Act just two weeks ago. Takeover of 18 percent of the economy, sure, whatever. As if the government participating in the economy is somehow detrimental to the economy.
DANIELS: But you know, the president -- apparently, nothing in his life has acquainted him with where jobs and wealth come from. He has no ear at all for the small business of this country. They're the ones on the receiving end of all of his new taxes. And, you know, frankly, I guess he never is going to get it.
You know, our state happens to be one where the workforce is growing, but all around us there are states, Chris, where people have simply given up looking for work. Everyone now knows if we had the same size workforce we had when this all started, unemployment as reported would be 11 percent. Not 8.x.
So, you know, this is still a very tough slog in most of America. And honestly, I can't name one thing that this administration has done that hasn't leaned against jobs and against growth. So, to that extent -- to the extent national policy has an affect, it's not really a surprise.
Of course you can't.
Noun verb Ronald Reagan.
.
http://www.dailykos.com/story/2012/04/2 ... an-You-Did
Sorry President Obama, "Ronald Reagan Inherited a Much Worse Mess Than You Did".
Gov. Mitch Daniels, who continues to attract GOP VP speculation, appeared on Fox News Sunday with Chris Wallace. He was asked, very bluntly by Wallace, (except of course he frames it as 'the Obama argument') how going back to George Bush's trickle down, tax cuts for the rich policies could result in anything but more of the same, i.e. really bad news.
The answer is hardly surprising coming from a Republican. Sure, President Obama got a pretty raw deal but you know who had a worse mess when they entered office? If you guessed Ronald Reagan, you would be right of course.
The all purpose answer to anything and everything GOP. Ronald Reagan!
From the interview on Fox News Sunday with Gov. Mitch Daniels:
WALLACE: Well, let me pick up on that, though. What about the Obama argument that he inherited a mess from George W. Bush, and that if Romney gets in to office and enacts the policies he's espousing, that he will simply return us to that mess?
Governor Romney has endorsed Paul Ryan's budget. In principle, Ryan cuts tax rates for the rich without specifying which loopholes he would close. Ryan cuts nondefense discretionary spending by 19 percent in 2014, which the Obama campaign says would mean major cuts in Head Start, medical research and healthcare for the poor.
So, how about the Obama argument, what Romney will do is give tax cuts to the rich and spending cuts to the poor and the middle class?
DANIELS: First of all, the president did inherit a mess but it's not the first time it's ever happened. He's done less with the mess than anyone else ever did. Ronald Reagan inherited a bigger one and had a roaring economy already by this stage.
Whoa, let's stop right there. What a full of fail, full of lies package in two little sentences. It's not the 'first time' it's ever happened. True. There was that Great Depression thing. Which was created under a Republican administration and the country crawled out of with a Democratic president. So it's only been about 70 years or so since it happened before.
Ronald Reagan inherited a 'bigger mess'? Really? That's the new GOP talking point? Even if that were remotely true, that hardly discounts everything President Obama has done to get the economy going. Not to mention against historic intransigence from the opposition party. And the economy was 'roaring three years into his presidency?
How bad was the recession Reagan inherited?
The early 1980s recession was a severe recession in the United States which began in July 1981 and ended in November 1982
It didn't start until months into Reagan's first term.
According to Bloomberg News, who know a thing or two about the economy, the recession of 2009 is the worst on record since WWII.
Aug. 1 (Bloomberg) -- The first 12 months of the U.S. recession saw the economy shrink more than twice as much as previously estimated, reflecting even bigger declines in consumer spending and housing, revised figures showed.
The world’s largest economy contracted 1.9 percent from the fourth quarter of 2007 to the last three months of 2008, compared with the 0.8 percent drop previously on the books, the Commerce Department said yesterday in Washington. Gross domestic product has shrunk 3.9 percent in the past year, the report said, indicating the worst slump since the Great Depression.
“The current downturn beginning in 2008 is more pronounced,” Steven Landefeld, director of the Commerce Department’s Bureau of Economic Analysis, said in a press briefing this week. The revisions were in line with past experience in which initial figures tended to underestimate the severity of contractions during their early stages, he said.
And what about those terrible unemployment rates Reagan inherited, and how the economy was 'roaring' by year three. What was the unemployment rate when Reagan took office in January 1981? It was 7.5 percent. During the course of his first term the unemployment rate continued to climb, to double digits - 10.4 in January 1984. And by the end of his first term, December 1984, he had gotten it back down - all the way 7.3%, where he essentially started.
And Daniels continues on with his lies:
This is the weakest recovery, at least in the post-war period, if not ever, given the depth of the recession that we were in. With regard to how we get out of it, you can start by saying we couldn't do worse than the policy mix of this president -- gigantic new spending, gigantic new taxes, a takeover of 18 percent or 19 percent of the economy in the Obamacare bill. Anything would be better than that.
Wait, what? 'Given the depth of the recession that we were in' ? So, it was a really bad recession? Sure, 'gigantic' new spending. That is how you stimulate the economy, and it wasn't the trillion plus that really would have made a difference. Gigantic nex taxes? Really? Please see the 17 new small business tax cuts President Obama signed into law, including the JOBS Act just two weeks ago. Takeover of 18 percent of the economy, sure, whatever. As if the government participating in the economy is somehow detrimental to the economy.
DANIELS: But you know, the president -- apparently, nothing in his life has acquainted him with where jobs and wealth come from. He has no ear at all for the small business of this country. They're the ones on the receiving end of all of his new taxes. And, you know, frankly, I guess he never is going to get it.
You know, our state happens to be one where the workforce is growing, but all around us there are states, Chris, where people have simply given up looking for work. Everyone now knows if we had the same size workforce we had when this all started, unemployment as reported would be 11 percent. Not 8.x.
So, you know, this is still a very tough slog in most of America. And honestly, I can't name one thing that this administration has done that hasn't leaned against jobs and against growth. So, to that extent -- to the extent national policy has an affect, it's not really a surprise.
Of course you can't.
Noun verb Ronald Reagan.
.
Post edited by Unknown User on
0
Comments
"Well, you tell him that I don't talk to suckas."
...or perhaps Reagan was willing to work with the opposing party? :think:
"Well, you tell him that I don't talk to suckas."
Beat me to it.
"The single most important thing we want to achieve is for President Obama to be a one-term president."
-Senate Minority Leader Mitch McConnell, 10/25/10
another FOX NEWS LIE... fox said that obama had a filibuster-proof majority for over 2 years....
reality- it only lasted for 133 days...
http://www.examiner.com/article/fox-new ... -two-years
"Well, you tell him that I don't talk to suckas."
On the upside, our debt hit $16T today!
facts not welcome in political debates. :nono:
If you believe that then :fp:
Zero wrong with that. If the Republicans so no daylight with this guy why give him an inch? Makes no sense. :?
Bottom line is Obama delivered on zero of his promises during his term and is now trying to live off of Bill Clinton's legacy. Good luck.
but yeah, let's not let facts get in the way of a good debate, right :roll:
do yourself a favor and read news from a source other than fox news. you might learn something and you might stop embarrassing yourself.
"Well, you tell him that I don't talk to suckas."
spend a little time on this site and you might re-evaluate that statement.
http://obamaachievements.org/list
"Well, you tell him that I don't talk to suckas."
IM not voting for Romney or Obama in large part because of this silly discussion. I'd like to see every single person involved in the orchestration and carrying out of the iraq war in prison. Any senator or congressperson who knew about torture and said nothing, should be in prison. But those are just tiny steps. The real work is DOING SOMETHING. like I dont know, oh...closing down all torture facilities, ending the war, putting people to work, ending the drug war, saving the environment.
Im not interested in anything else
Embarrasing myself. Love it.
:corn:
"Well, you tell him that I don't talk to suckas."
sabotage, refuse to compromise, it's the reason nothing gets done for fear
the party in power will stay in power if they do a dynamite job. Dumb.
And the country suffers.
I wonder if this was considered when we got the two teams system
if so is it too late to just get a king and queen instead?
purple is a royal color
"Well, you tell him that I don't talk to suckas."
That its okay for a boss to abuse his power and prey on interns. If that happened at my work, someone would be out of a job, and it wouldn't be the intern!!!
its pretty shitty that that is what people remember most about clinton.
"Well, you tell him that I don't talk to suckas."
It's his fault that he fucked his intern at work and then lied about it to a grand jury....that's pretty memorable. That dude was bulletproof though...I still can't believe how you remain president after that and have 50%+ of the people in the country not care!
What amazes me is that his legacy has made him the left's Reagan. Dems are always bringing up the great economy he left Bush, and how great things were under him....Rep's are always bringing up his cigars....
But not many people talk about the Dixie Mafia deaths in his days as Governor (some people tie 150+ murders, suicides, accidental or medical deaths to people under his sphere of influence), Whitewater, Waco, Yugoslavia....The guy was as much a criminal/cog in the machine as any other president. Well maybe not ANY...but he's no angel.
edit: oh! just saw the slick willie thread....maybe some people do talk about some of this stuff...gotta read thru that thread.
Filibusters are a great tactic when what is being presented is ridiculous.
Talking points. Spoken like a true Dem. Avoid the big picture. Distarct the public. Flash your picture at a Jay Z concert.
It's the best Obama has right now.
:corn:
"Well, you tell him that I don't talk to suckas."
"Well, you tell him that I don't talk to suckas."
:corn:[/quote]
I've put forth my discussion. Obama failed. And when you fail why be rewarded with a re-election? Not anything that Obama promised in 08 has come true. Nothing. It's actually gotten worse. Perhaps Big Bill can save him though.