[TheRealVille]

How did construction do during the 80's? Don't lie, now. LOL

^I saw this nation heal itself before Reagan was out of office. Reagan lowered growth in federal spending from 4% under Carter, to 2.5%. An average of 2 million new jobs were created every year of Reagan's two term presidency, totalling sixteen million new jobs. While inflation dropped from the abysmal 12.5% during the Carter administration, to 4.4%. Federal Income Tax revenues increased during the Reagan years, from $308.7 billion to $549 billion.

A comparison of my W2's from the two administrations shows there were two lean years during the Carter presidency, while variable interest rates climbed from 7% in 1975 to a stratospheric 19% in late 1980, with an inflation rate of 12.5%. There were two lean years during the two terms Reagan served but by the end of his second term mortgage rates had fallen to just under 10%, with an interest rate of 4.4%

ARTICLE EXCERPT---
It has been claimed that Reagan's policies brought about the second longest peacetime economic expansion in U.S. history, surpassed in duration only by the 1990s expansion that began with George H.W. Bush in 1991 and ended with George W. Bush in 2001. This economic expansion continued through the Clinton administration with unemployment rates steadily decreasing throughout his presidency (7.3% at the start of his presidency and 4.2% at the culmination, with the lowest rate reaching 3.9% in 2000). During the Reagan administration, the American economy went from a GDP growth of -0.3% in 1980 to 4.1% in 1988 (in constant 2005 dollars), which reduced the unemployment rate by 1.6%, from 7.1% in 1980 to 5.5% in 1988, but with peaks of around 10.8% in 1983. A net job increase of about 21 million also occurred through mid-1990.
END EXCERPT---

There were some issues to overcome in the 80's as America's financial ship of state, righted herself. Not everyone had a job but, many did and I was one of the fortunate ones. The good times lasted up until recently, with the Obysmal administration making things much worse with their war on coal, and fossil fuels in general. As I have made mention of before, the green energy industry is in no way ready to meet the needs of man whether globally, nationally or individually. Shutting down coal fired electricity generating stations was stupid.

I'm waiting to see if the BHO administration will run over top of the Supreme Court again when the ruling striking down ObamaCare is read. They didn't have any touble thumbing their nose at the nation's highest court when they upheld the Arizona immigration law. In that case, and announced mere minutes after the reading, Obama officials announced that the ICE data base would be closed to Arizona law enforcement officials attempting to ascertain the immigrations status of those breaking the law. While on the other hand, establishing a hot line for these felons to implicate said law enforcement officers who have arrested them for comitting a crime. In other words, if an illegal immigrant in Arizona gets busted going 100 mph in a school zone, without a driver's license or other documentation, and the police run a check on them or try to hold them to determine their immigration status so they can at least determine their real identity to be duly charged, the police will be the ones who find themselves in hot water. This, in spite of the fact that the SUPREME COURT upheld most of the Arizona law.