You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #16: I see it differently.....although I see your point [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
yardwork Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Aug-08-04 09:37 PM
Response to Reply #12
16. I see it differently.....although I see your point
Instead of unstable, though, I see it as a chart of the true impact of Reagan economics, which has been sh*t.

The myth is that the Great Society under LBJ was enormously expensive, and then Jimmy Carter wrecked the economy even worse until Reagan came along and saved it. The facts show the opposite.

The Great Society and Vietnam War cost the U.S., but not that badly. Costs rose as Nixon escalated the war and inflation and high oil costs in the 1970s caused a recession. Things were not as bad under Carter as they were advertised by the opposition.

Things took a major dive under Reagan but started to recover a little toward the end of his second term, until Poppy got a hold of the country and drove the deficit to record lows. Waaaaaay worse than anything LBJ or Carter ever did! We never hear that from the talking heads!

The remarkable thing is what Clinton did for the U.S. economy. We see this amazing turn-around: record deficits turned into a wonderful surplus.

Until shrub got a hold of the country and outdid his daddy by breaking the previous record for the basement.

If we can wake up the country, get them to put down the kool-aid, and recognize that the U.S. economy does well under Democrats, maybe we could live in that nice blue spike forever. Well I can dream....
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC