Pensacola Discussion Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.

This is a forum based out of Pensacola Florida.


You are not connected. Please login or register

Reagan vs Obama

Go down  Message [Page 1 of 1]

1Reagan vs Obama Empty Reagan vs Obama on 7/9/2012, 9:37 pm

Hospital Bob

Hospital Bob
this motley fool article was published last summer.

_____________________________________________________



I decided to pull up some numbers to put this topic into context. Obama is 2.5 years into office. Compare that to a few economic numbers 2.5 years after Reagan entered office.

Real GDP Growth:

Jan. 1981-June 1983: 1.1%

Jan. 2009-June 2011: 4.7%

Unemployment Rate:

June 1983: 10.1%

June 2011: 9.1%

Jobs created (lost)

Jan. 1981-June 1983: (1.86 million)

Jan. 2009-June 2011: (3.3 million)

Stock market:

Jan. 1981-June 1983: +24%

Jan. 2009-June 2011: +50%

Corporate profit margins

1981: 6%

2011: 13.3%

Federal taxes as a percentage of GDP

1983: 17.5%

2011: 14.4%

Federal spending as a percentage of GDP

1983: 23.5%

2011: 25.3% (23.8% in 2010)

Top marginal tax rate (personal income)

1983: 50%

2011: 35%

Top marginal tax rate (corporate income)

1983: 46%

2011: 35%

Discuss.


http://caps.fool.com/Blogs/reagan-vs-obama/603985

2Reagan vs Obama Empty Re: Reagan vs Obama on 7/9/2012, 9:41 pm

Hospital Bob

Hospital Bob

By the Numbers
How Soon We Forget: The Economy Under Reagan vs. Obama

http://hypervocal.com/politics/2012/reagan-vs-obama-economy-market-numbers/

3Reagan vs Obama Empty Re: Reagan vs Obama on 7/9/2012, 9:43 pm

Hospital Bob

Hospital Bob
Taxes Are Lower Under Obama Than Reagan

http://thinkprogress.org/economy/2011/06/01/233526/taxes-lower-reagan/?mobile=nc

4Reagan vs Obama Empty Re: Reagan vs Obama on 7/9/2012, 9:44 pm

Hospital Bob

Hospital Bob
Fed. Spending Lower Under Obama Than Reagan

http://freethoughtblogs.com/dispatches/2012/03/23/fed-spending-lower-under-obama-than-reagan/

5Reagan vs Obama Empty Re: Reagan vs Obama on 7/9/2012, 10:13 pm

TEOTWAWKI

TEOTWAWKI
Reagan had carter to dig out from under...

6Reagan vs Obama Empty Re: Reagan vs Obama on 7/10/2012, 5:01 pm

othershoe1030

othershoe1030
Can you factor Reagan's sainthood into the numbers? Will that make them look better?
Remember perception is everything and the Karl Rove's of the world have done a bang up job or rewriting history.
I think this should be posted on the front page of the PNJ! It would cause heart attacks amongst the GOP faithful!!!!

Reagan vs Obama 42307311

7Reagan vs Obama Empty Re: Reagan vs Obama on 7/10/2012, 5:18 pm

gulfbeachbandit

gulfbeachbandit
It's all about their wives.

Nancy reagan said "just say no" to drugs. A very powerful message.

sasquach michell obama said "take the fries and toys out of happy meals".

I'll never forgive her for that as long as I live(probably longer now that happy meals have less fries and more apple slices) but I still hate her.

8Reagan vs Obama Empty Re: Reagan vs Obama on 7/10/2012, 5:39 pm

Hospital Bob

Hospital Bob
ghandi wrote:

Nancy reagan said "just say no" to drugs. A very powerful message.

Those were powerful words. They convinced folk to stop using drugs. Without those words we mighta had to do a "war on drugs". Thank god that never happened.

9Reagan vs Obama Empty Re: Reagan vs Obama on 7/12/2012, 10:38 am

othershoe1030

othershoe1030
ButtMan wrote:this motley fool article was published last summer.

_____________________________________________________



I decided to pull up some numbers to put this topic into context. Obama is 2.5 years into office. Compare that to a few economic numbers 2.5 years after Reagan entered office.

Real GDP Growth:

Jan. 1981-June 1983: 1.1%

Jan. 2009-June 2011: 4.7%

Unemployment Rate:

June 1983: 10.1%

June 2011: 9.1%

Jobs created (lost)

Jan. 1981-June 1983: (1.86 million)

Jan. 2009-June 2011: (3.3 million)

Stock market:

Jan. 1981-June 1983: +24%

Jan. 2009-June 2011: +50%

Corporate profit margins

1981: 6%

2011: 13.3%

Federal taxes as a percentage of GDP

1983: 17.5%

2011: 14.4%

Federal spending as a percentage of GDP

1983: 23.5%

2011: 25.3% (23.8% in 2010)

Top marginal tax rate (personal income)

1983: 50%

2011: 35%

Top marginal tax rate (corporate income)

1983: 46%

2011: 35%

Discuss.


http://caps.fool.com/Blogs/reagan-vs-obama/603985
Taxes are down and profits are up. Job creation up and even the unemployment rate is lower.

But what are the numbers for income of the middle class, homelessness, bankruptcy, etc.? The huge income gap and continued concentration of wealth for the 1% may be just "interesting" but it is undermining our democracy with the potential of turning America into just another banana republic.

Is that what we now hold dear as "the American Dream"? I sure hope not. Here's a piece based on real statistics that show what's happening with income and profit. If you go to the article there is a chart illustrating this income distribution.


NEW statistics show an ever-more-startling divergence between the fortunes of the wealthy and everybody else — and the desperate need to address this wrenching problem. Even in a country that sometimes seems inured to income inequality, these takeaways are truly stunning.
In 2010, as the nation continued to recover from the recession, a dizzying 93 percent of the additional income created in the country that year, compared to 2009 — $288 billion — went to the top 1 percent of taxpayers, those with at least $352,000 in income. That delivered an average single-year pay increase of 11.6 percent to each of these households.

Still more astonishing was the extent to which the super rich got rich faster than the merely rich. In 2010, 37 percent of these additional earnings went to just the top 0.01 percent, a teaspoon-size collection of about 15,000 households with average incomes of $23.8 million. These fortunate few saw their incomes rise by 21.5 percent.
http://www.nytimes.com/2012/03/26/opinion/the-rich-get-even-richer.html

10Reagan vs Obama Empty Re: Reagan vs Obama on 7/12/2012, 5:57 pm

Yella

Yella
ButtMan wrote:this motley fool article was published last summer.

_____________________________________________________



I decided to pull up some numbers to put this topic into context. Obama is 2.5 years into office. Compare that to a few economic numbers 2.5 years after Reagan entered office.

Real GDP Growth:

Jan. 1981-June 1983: 1.1%

Jan. 2009-June 2011: 4.7%

Unemployment Rate:

June 1983: 10.1%

June 2011: 9.1%

Jobs created (lost)

Jan. 1981-June 1983: (1.86 million)

Jan. 2009-June 2011: (3.3 million)

Stock market:

Jan. 1981-June 1983: +24%

Jan. 2009-June 2011: +50%

Corporate profit margins

1981: 6%

2011: 13.3%

Federal taxes as a percentage of GDP

1983: 17.5%

2011: 14.4%

Federal spending as a percentage of GDP

1983: 23.5%

2011: 25.3% (23.8% in 2010)

Top marginal tax rate (personal income)

1983: 50%

2011: 35%

Top marginal tax rate (corporate income)

1983: 46%

2011: 35%

Discuss.


http://caps.fool.com/Blogs/reagan-vs-obama/603985

Excellent post, Bob, very well done.

http://warpedinblue,blogspot.com/

11Reagan vs Obama Empty Re: Reagan vs Obama on 7/12/2012, 6:02 pm

Yella

Yella
ghandi wrote:It's all about their wives.

Nancy reagan said "just say no" to drugs. A very powerful message.

sasquach michell obama said "take the fries and toys out of happy meals".

I'll never forgive her for that as long as I live(probably longer now that happy meals have less fries and more apple slices) but I still hate her.


I'll never forgive her for that as long as I live(probably longer now that happy meals have less fries and more apple slices) but I still hate her.

So typical of you, ghandi, hate is the key word for you.
I think I can speak for most people here when I say give us something constructive from the Republican party, something other than Obama this and Obama that. Can you do it?

http://warpedinblue,blogspot.com/

12Reagan vs Obama Empty Re: Reagan vs Obama on 7/12/2012, 6:36 pm

Markle

Markle
ButtMan wrote:this motley fool article was published last summer.

_____________________________________________________



I decided to pull up some numbers to put this topic into context. Obama is 2.5 years into office. Compare that to a few economic numbers 2.5 years after Reagan entered office.

Real GDP Growth:

Jan. 1981-June 1983: 1.1%

Jan. 2009-June 2011: 4.7%

Unemployment Rate:

June 1983: 10.1%

June 2011: 9.1%

Jobs created (lost)

Jan. 1981-June 1983: (1.86 million)

Jan. 2009-June 2011: (3.3 million)

Stock market:

Jan. 1981-June 1983: +24%

Jan. 2009-June 2011: +50%

Corporate profit margins

1981: 6%

2011: 13.3%

Federal taxes as a percentage of GDP

1983: 17.5%

2011: 14.4%

Federal spending as a percentage of GDP

1983: 23.5%

2011: 25.3% (23.8% in 2010)

Top marginal tax rate (personal income)

1983: 50%

2011: 35%

Top marginal tax rate (corporate income)

1983: 46%

2011: 35%

Discuss.


http://caps.fool.com/Blogs/reagan-vs-obama/603985

It does explain a LOT about your problem.

Please run those numbers with THREE AND A HALF years into the Reagan Presidency as we are with the failed administration of President Barack Hussein Obama.

13Reagan vs Obama Empty Re: Reagan vs Obama on 7/12/2012, 10:09 pm

othershoe1030

othershoe1030
You REALLY think it would change the numbers much?

14Reagan vs Obama Empty Re: Reagan vs Obama on 7/14/2012, 12:52 am

Markle

Markle
othershoe1030 wrote:You REALLY think it would change the numbers much?

Buttman knows it makes a huge difference. He tucked tail and ran.

15Reagan vs Obama Empty Re: Reagan vs Obama on 7/14/2012, 12:41 pm

no stress

no stress
Markle wrote:
othershoe1030 wrote:You REALLY think it would change the numbers much?

Buttman knows it makes a huge difference. He tucked tail and ran.

Thats because those numbers would screw up the misleading thread that he has ran with. lol

Markle

Markle
othershoe1030 wrote:You REALLY think it would change the numbers much?

Obviously there is a huge difference. As I said, Buttman tucked tail and run for cover.

17Reagan vs Obama Empty Re: Reagan vs Obama on 7/16/2012, 8:16 pm

Hospital Bob

Hospital Bob
Buttman never tucks tail and runs. Buttman just hasn't revisited this thread till now.

Buttman has only one response. Buttman neither knows nor cares if Obama and Reagan are alike or different. Buttman just started this thread because it was something to talk about. Buttman is of the opinion that both Obama and Reagan can jump up his butt because they're both just a couple of blood sucking parasite celebrities riding on the backs of people like you and me.

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum