Obama's Economic Plan Fails Where Reagan's Succeeded

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I love the way Roff bends and twists and smears the truth . He's better than Beck. He knows the peabrained wing-nuts who read his garbage don't have the wherewithal to critically evaluate dog-chit. Just slather on as much Obama invective and smears as you can . He'll, Tell them he was born in Kenya. They will cream in their pants. I have sat in with a lot of the fellows who make Roff's audience, so l have seen first hand the powers of their ratiocination. The word "limited" doesn't do it justice. Maybe "microscopic". Or better yet"nil". Most of them couldn't reason their way out of a paper bag. So Roff's pretty much got an open playing field. I guess there are advantages to being a right-wing hack.

DNA of CO 11:30PM August 27, 2011

"Krugman's analysis of the Reagan recovery -- a deep recession equals sharp recovery -- tells us that the economy should be storming ahead, especially given Obama's enlightened leadership. But in the seven quarters following the end of this recession, gross domestic product growth has averaged 2.8 percent. In the seven quarters following the Reagan recession, GDP growth averaged 7.1 percent."
"Forecasters are now lowering expectations for economic growth. Ominously, "core inflation," which excludes "volatile" categories of food and fuel, is up. Unemployment, after dipping below 9 percent, is now back to 9.1 percent."
"So how does the left explain this?"
"This was a (SET ITAL) financial (END ITAL) (emphasis added) crisis," explains Robert Shapiro, a Clinton administration economist, "and these take longer to recover from." Does this explain why last spring the Obama administration confidently predicted a "Recovery Summer"? Does this explain why the Obama economic team predicted that the 2009 passage of "stimulus" would prevent unemployment, then at 7 percent, from reaching 8 percent? Krugman, of course, in refusing to credit Reagan policies for the Reagan Recovery, made no distinction between a "financial" and a regular old crisis."
"It's flat-out tough to explain how anti-Reagan policies are supposed to produce Reagan-like growth."
"Here's the real explanation. The top priority of the left isn't "jobs, jobs, jobs." Andy Stern, the former head of the Service Employees International Union and hero to the left, makes this clear: "Western Europe, as much as we used to make fun of it, has made different trade-offs which may have ended with a little more unemployment but a lot more equality."
"The goal of the leftist is social justice -- using government to close the gap between the have and the have-nots, to secure the "right" to health care. Obama's policies are therefore an acceptable trade-off even though they kill jobs -- as long as it's somebody else's job that gets killed."
http://townhall.com/columnists/larryelder/2011/06/30/economy_reagan_gets_no_credit,_obama_gets_no_blame/page/2

Bill Hedges of MO 5:44PM August 27, 2011

Obama's "plan" is working well for him, all right .....the economy has gone right into the toilet just like he "planned"!
Everyone please vote this steer manure out in 2012!

Havahavanna of CA 12:25PM August 27, 2011

To break up "commie scum", as you say...

Bill Hedges of MO 8:08PM August 26, 2011

Reagan has a legacy so distorted by the Conservative idolization of him that we may never have a clear picture of the real man behind the television. Did he rid the world of commie scum? Check out my portrait of The Gipper in commemoration of his 100th birthday at http://dregstudiosart.blogspot.com/2011/02/happy-100th-gipper.html

Brandt Hardin of TN 7:52PM August 26, 2011

By the end of the summer of Reagan's third year in office, the GDP growth rate was 5% and racing toward 7%, even 8% growth. In 1983 and '84 output was growing so fast the biggest worry was that the economy would "overheat," as Stephen Moore put it in the WSJ this morning.

P. 6:28PM August 26, 2011

Jeff D of IN _ Where is your link for Reagan's debt ? Reagan's tax cuts increased governments revenue. As alway, debt comes from out spending revenue:
"Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation)."
"The share of income taxes paid by the top 10 percent of earners jumped significantly, climbing from 48.0 percent in 1981 to 57.2 percent in 1988. The top 1 percent saw their share of the income tax bill climb even more dramatically, from 17.6 percent in 1981 to 27.5 percent in 1988."
http://www.heritage.org/research/reports/2003/08/the-historical-lessons-of-lower-tax-rates

Bill Hedges of MO 6:25PM August 26, 2011

Well Haberdashery look at the flip side.
How can the teapartyers hate America so much that they would gladly see us all go down in flames then see a liberal black man succeed or :gasp: pay back society for the good life you have lived by paying modest taxes?

Annie of WI 4:42PM August 26, 2011

Wow Mr Roff how did you get into this business yet skip all those American history classes in college? Heck how did you miss all the massive debt panic in the news for most of the 80's? S&L ring a bell?
How long did it take the US to recover from the Great Depression? I got news for you, it was longer then 3 years! Speaking of depression, I think there is allot of traction to the idea that if it were not for Obama's policies we would be in the depths of the Second Great Depression. And your forgetting that Reagan's primary way of ending that financial quagmire was to "borrow and spend" I ask you, with today's teaparty terrorists how the heck is Obama suppose to do that? Reagan was a great man but he didn't operate in a vacuum. If the Dems back in the 80's acted like the teaparty does today (I refuse to refer to them as Republicans) The Berlin wall would have come down in a Very different fashion.
"economy not only rebounded it had taken off like a rocket" WTF kool aid are you drinking son? 1983 was your idea of the economy taking off like a rocket!?!
Give Reagan the props he deserves but don't make crap up. Google Reagan quotes, there is a good one about facts, read it and live it.
Fact is Mr "FactsarestubbornthingsReagan" could be sent down by Jesus himself to inhabit Obama's body and the teaparty would stop at nothing to stop him cold in his tracks.

Swiftright of PA 4:37PM August 26, 2011

On other forums, every other liberal/progressive and pro-Obama Democrat says the economy is, just wonderful!
i wonder what it's like to be "willfully ignorant"??
(...or is it, "jJust make sure my "entitlement checks" keep coming"!)

Haberdashery of ID 2:56PM August 26, 2011