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tharock220
18 Feb 2014 03:56 pm
tharock220
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We're not talking about Reagan's fiscal policies, military, or anything else. Your strawman was your attempting to address the simple point I made about Carter never having inflation lower than GDP growth with those things. As for income, it actually decreased during the Peanut Farmer's Presidency...
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golfboy
18 Feb 2014 03:53 pm
golfboy
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Sounds like you better get your memory checked because your source in the OP says he handed off a -0.2 GDP. http://useconomy.about.com/od/GDP-by-Year/a/US-GDP-History.htmAnnual GDP: 1977 4.6 1978 5.6 1979 3.2 1980 -0.2 (4.6 + 5.6 + 3.2 + -0.2) / 4 = 3.4 Which you supported with this chart: I kn...
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Cannonpointer
18 Feb 2014 03:51 pm
Cannonpointer
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Your chart makes Carter look pretty damned good for working families, as regards inflation-adjusted dollars. Thanks for that. Which part of my post was a straw man? Was it where I said Reagan took over a 3.2 trillion dollar economy and borrowed 1.8 trillion against it? Was it where I complained ...
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RichClem
18 Feb 2014 03:50 pm
RichClem
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Clearly this gentleman has a clue....
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RichClem
18 Feb 2014 03:49 pm
RichClem
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I cited data, troll, and you've ignored all of it. Any other bulls*** you'd like to pass off as reality? Say, where are your stats on job creation under Reagan? Isn't that more pertinent than bleating stupidly about ketchup as a vegetable?...
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Silverfox
18 Feb 2014 03:48 pm
Silverfox
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In that one post you talk about the brink of recession and about stagflation. How was stagflation broken? The Fed hiked interest rates to the point where borrowing was impossible for many segments of the economy, and the country fell into recession. It was necessary. It was started under Carter (th...
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RichClem
18 Feb 2014 03:47 pm
RichClem
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And let's not forget how the Vast Right Wing Conspiracy spread lies to fool Americans! On 8 of the 10 key economic variables examined, the American economy performed better during the Reagan years than during the pre- and post-Reagan years. Real economic growth averaged 3.2 percent during th...
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tharock220
18 Feb 2014 03:44 pm
tharock220
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Nice strawman. Reagan growth outpaced inflation, people went to work, and inflation adjusted income increased. None of those happened for Carter. http://www.davemanuel.com/median-household-income.php We're not talking about Reagan's other policies. We're talking about which one was better economi...
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Cannonpointer
18 Feb 2014 03:43 pm
Cannonpointer
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Oh, goodie. Talking points. Rhetoric instead of data....
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RichClem
18 Feb 2014 03:42 pm
RichClem
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Gosh, I hate to get in the way of your ignorance and psychosis again with actual reality. Let's go back to 1982, in many ways the bleakest year since the Depression. The economy had emerged severely damaged by the stagflation of the 1970s. Americans' confidence, both in government and in the ec...
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