[Hoot Gibson]

From Reagan: The American Experience

"The rising economic tide of the 1980's did not lift all boats. By 1984, 13 million children lived below the poverty line. Conditions in the inner cities grew more desperate as relief services were cut off. While corporate executives enjoyed record profits, legions of blue collar workers saw their jobs shipped to other countries where wages were lower. Observers used the term "Social Darwinism" to describe an economy where the strong survived." Also, "Black Monday," October 19, 1987, the stock market dropped 500 points, debatedly owing to a lot of Reagan era deregulation of the financial services area...and we ought to know, circa 2010, something about that... Poor children, inner city minorities, blue collar workers... now, why, is the Republican Party known as the party for corporate fat cats? Reagan gave a lot of Americans a renewed sense of pride in the country, and that's a good thing, but, Hoot, don't sugercoat reality to serve your worldview needs.

More liberal talking points...this time from PBS. Why choose 1984 for your first statistic? Reagan's second term ended in Jan. 1989. What was the Dow Jones average on the day Reagan left office, as compared to the day that he took office? What were interest rates at the end of Reagan's term vs. the end of Carter's term? How about the rate of inflation at the same points in history>

The fact that liberals continue to lie so much about Reagan's impact on the economy during his to terms is a testament to how effective he was at relieving the misery that Jimmy Carter inflicted on this nation. American's faith in government and our economy did not drastically improve during the 1980s simply because Reagan was a likable sort and a great communicator. The overwhelming majority of Americans knew that by 1984 they were much better off than in 1980, which resulted in his landslide reelection.

Reagan took a train wreck economy and turned it around in only four years, yet you liberals claim that it is only "fair" that 0bama get a full two terms before being judged on his performance. I can already hear the excuses being made for 0bama. Americans just did not give his policies time to work.... :eyeroll: