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Graph of Economic Recovery Under Reagan vs. Obama

Original post made by compare on Apr 23, 2014

This is a very revealing graph comparing the economic recovery under Reagan vs. Obama from when they were first elected. Note that Reagan actually began under worse economic conditions than Obama, as well.

This graph will tell you that Reagan's policies of across the board tax cuts, non-defense spending cuts, a restrained money supply, and deregulation worked.

And what has Obama done? Just the opposite of Reagan.

View graph...
Web Link

Comments (7)

Posted by jimfol, a resident of Another Pleasanton neighborhood
on Apr 23, 2014 at 1:44 pm

It's still Bush's fault

Posted by Cholo, a resident of Livermore
on Apr 23, 2014 at 2:57 pm

President Reagan has been dead for years and years. Let him RIP. Even if so many folks didn't like him I say let him Rest In Peace.

Posted by Right, a resident of Another Pleasanton neighborhood
on Apr 23, 2014 at 5:15 pm

Our kids will be paying for this 'recovery' for the rest of their lives (and their kids lives, etc, etc.)
8 trillion in debt since 2008 and what do we have to show for it....double the amount of people on food stamps, dwindling middle class and the poor are even poorer. So much for the progress taunted by the campaigner in chief......amateur.

Posted by john, a resident of Another Pleasanton neighborhood
on Apr 23, 2014 at 7:35 pm

It is interesting how the problems of 2008 were really different from the problems of 1980. Inflation was largely absent, big financial companies like AIG, unrestrained by regulation, were make huge reckless bets with derivatives and getting bailed out by the taxpayers.

Posted by Blame the Dems, a resident of Another Pleasanton neighborhood
on Apr 23, 2014 at 8:14 pm

As a member of the shrinking middle class, I'm grateful to Reagan and the 'Reagan Recovery'. Now, today, I work harder and have less security than ever before, while my salary/wage has remained stagnant since 1988. Yes, it makes me feel good to be an American knowing that the upper 10% of the population has seen its earnings more than double, while mine have remained stagnant. Thank you Ronald Reagan. Oh, and thanks to George Bush, too, for without Afghanistan and Iraq wars, combined with two-time tax cuts for the rich, we'd be in really bad shape right now. And, finally, thanks ever so much to today's Republicans for blocking virtually every jobs-stimulus program initiated by Obama and Dems. Yes, Republicans, thank you ever so much for helping with this current recovery. Fewer jobs, at lower wages, but higher profits for owners, and higher investment earnings for the wealthy. What's not to love? Now ... let's get back to the important stuff, like complaining about our public school teachers' outrageous salaries/pensions.

Posted by Right, a resident of Another Pleasanton neighborhood
on Apr 24, 2014 at 6:43 pm

Blame the dems, sounds like you need one of obamas shovel ready jobs that he touted over an over again. Good thing he had two years of total control from 2008 to 2010 to enact any damaging program he could dream up.
If your wages are stagnant, maybe it's time you get a bigger shovel. At least then you could dig yourself a bigger hole.

Posted by Blame the Dems, a resident of Another Pleasanton neighborhood
on Apr 24, 2014 at 11:09 pm

There aren't enough shovels on this planet to dig us out of the crappola Bush and his cronies piled upon us. Can we say 'More tax cuts for the rich everyone'? After all, that Republican strategy worked so well for Obama's predecessor. What's even funnier is that the moron Republicans are still singing the same refrain while they withhold unemployment comp from the long-term unemployed and smile with glee as families stand begging on every exit ramp in the country. I can think of a number of things Right/Jimfol and other members of the scrambled egg crew might do with a shovel.

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