Ronald Reagan vs Bill Clinton

[Enayze]

See that's just not true Carter actually had a high job growth rate than Reagan did and also there were two market crashes during his time in office including largest single day loss of wealth in history

It is well know that Carter is largely regarded as one of the worst Presidents USA has ever had the misfortune of having. Whatever job growth he created was meaningless when compared to the likes of Reagan.

Here is what the American public thought of Carter when he vs Reagan in 1980.



As for the stock market crashing under Reagans watch, so what? Everything rebounded incredibly fast, and didn't effect George Bush Sr. chances of getting elected.

[Phenom]

It is well know that Carter is largely regarded as one of the worst Presidents USA has ever had the misfortune of having. Whatever job growth he created was meaningless when compared to the likes of Reagan.

Here is what the American public thought of Carter when he vs Reagan in 1980.



As for the stock market crashing under Reagans watch, so what? Everything rebounded incredibly fast, and didn't effect George Bush Sr. chances of getting elected.

Carter created more jobs per year than both Reagan and Bush Sr

You can't rewrite history

[Enayze]

Carter created more jobs per year than both Reagan and Bush Sr

You can't rewrite history

Jimmy Carters job creation was irrelevant due to the fact that his policies wrecked the economy, squeezed people with taxes, and portrayed a weak image of America highlighted most with Iran hostage crisis. When he left office the inflation rate was something like 13%, when Reagan came into office he reduced it to 3%. In fact a potato could've ran against Carter in 1980 and won the Presidency. Only other president who could be attributed with such a comparably bad record of presidency is George Bush Jr.

[One_Tycoon]

Ronald Reagan:

-Started the war on Drugs
- developed the trickle down economy
- black Monday was under his administration
- Iran-contra affair

Bill Clinton
- only the 2nd president to be impeached
- signed the 1994 crime bill
- Monica Lewinsky

There is no such thing as "trickle down economy". That is a low information leftist buzzword that doesn't mean anything. Now if you're talking about Supply side economics...then that's a different thing.

And supply side still works, has worked and always will work if you define it in proper context...which is letting individuals and businesses keep more of their own money/resources, which is something that should be done anyway regardless of whether they create more jobs with it, spend it as a consumer or just put it in a savings account.

[One_Tycoon]

Unemployment went up to almost 11% in his second year, after that it only saw decline. At the same, inflation decreased, and the economy began to grow at an extremely healthy rate. By the time Reagan left office unemployment was 5.4%.

The national debt was doubled under Reagan because the Fed throughout the 70's jacked up their interest rate to about 20% to hold off inflation and stall the crappy economy. By the time the 80's rolled around it was time to pay back the incredibly high interest rate on the government bonds.

Clinton on the other hand had the luxury of inheriting a healthy economy where he didn't have to pay back on a 20% interest rate from the previous decade. Largely because of this reason he left office with a surplus, if you give Reagan the same cards to work with as Clinton had, Reagan too would've left office with even a larger surplus.

Also, you might wanna point out that despite the surpluses/balanced budgets...the national debt also went up from 4.4 trillion to 5.8 Trillion during Bill Clinton's 8 years as president.

[krazyn8tive]

Ronald Reagan:

-Started the war on Drugs
- developed the trickle down economy
- black Monday was under his administration
- Iran-contra affair

Bill Clinton
- only the 2nd president to be impeached
- signed the 1994 crime bill
- Monica Lewinsky

Repealed glass-steagall under Clinton. The subprime mortgage crisis is the result of clintonomics and his repealing of this. Banks ran rampant

[One_Tycoon]

Carter created more jobs per year than both Reagan and Bush Sr

You can't rewrite history

So you have a graph fetish like most leftists without looking behind the curtain of the numbers you present. In which case just another simpleton. Okay I will play...here is a graph of mine.

Net New jobs by president:



http://www.forbes.com/sites/mikepatt.../#2c026cda5374

[Phenom]

There is no such thing as "trickle down economy". That is a low information leftist buzzword that doesn't mean anything. Now if you're talking about Supply side economics...then that's a different thing.

And supply side still works, has worked and always will work if you define it in proper context...which is letting individuals and businesses keep more of their own money/resources, which is something that should be done anyway regardless of whether they create more jobs with it, spend it as a consumer or just put it in a savings account.

It works for China and Mexico you know other countries that can produce goods and services at a lower cost than we ever could that's why you speak with service rep from India and everything you own is made in China

So you have a graph fetish like most leftists without looking behind the curtain of the numbers you present. In which case just another simpleton. Okay I will play...here is a graph of mine.

Net New jobs by president:



http://www.forbes.com/sites/mikepatt.../#2c026cda5374

What's there to look at behind the curtains it's very straight forward even with the chart you provided not that complicated to read

Carter created more jobs per year than both Reagan and Bush Sr

[One_Tycoon]

It works for China and Mexico you know other countries that can produce goods and services at a lower cost than we ever could that's why you speak with service rep from India and everything you own is made in China





What's there to look at behind the curtains it's very straight forward even with the chart you provided not that complicated to read

Carter created more jobs per year than both Reagan and Bush Sr

More total net jobs were created during Reagan's tenure. This is without even looking at correlation-causation...which is what I'm really interested in.

Also any Govt/Public sector jobs that were created under either president does not count as a real job. It's a net drain to the economy and the private sector which finances it. This is important to keep in mind as Leftists conflate real jobs [private sector] with parasitical public/govt jobs.

Anything good that happened during Carter's presidency economically happened in spite of his policies, not because of them.

[One_Tycoon]

I'm also not a big fan of this tit-for-tat, my president Vs your president debates. I'm not a Reagan shill.

He had the right intentions and ideology...but obviously wasn't pure enough for my taste. He also was too compromising which cost him some points. He agreed to a tax increase for spending reductions deal and the end result was that the tax increases went into effect immediately and the spending cuts never happened in real terms since agreeing to gradual spending reductions are not real cuts in spending. They just decrease the rate of growth...which is like saying that a Fat person weighing 200 pounds was gonna blow up to 300 pounds with his/her current diet, but instead they only blew up to 250.