Posted on 04/29/2015 2:41:54 PM PDT by grundle
Trickle Down Economics versus Trickle Down Socialism
Ronald Reagan’s economic plan saw GDP surge at a 3.5% clip – 4.9% after the recession. That’s a 32% bump.
During the Obama years, thanks to his big government policies, the US economy has stalled. Today the quarterly GDP was announced. The GDP for the first quarter of 2015 braked more sharply than expected at only a .2% pace. The US economy has grown an anemic 9.6% during the Obama years (excluding today’s dismal number).
Of course, Obama’s record on job growth is also much worse than President Reagan’s record.
Net job growth has declined under Obama. By the end of the second year of their terms as president, economic growth under Reagan averaged 7.1% , under Obama an anemic 2.8%. (IJ Review)
And today, more than five years into the tepid recovery, labor-force participation remains at its lowest level since 1978 during the Carter years.
(Excerpt) Read more at thegatewaypundit.com ...
Diversity is our strength......
Next question: cui bono?
0.2% GDP growth, again? But wait: if you can't believe their unemployment numbers, can you believe their GDP numbers?Look at the pictures of Janet Yellen. She looks like she's standing in front of an approaching freight train. Is it inflation or deflation she sees bearing down on her?
What to think? No rate hikes until Obama says so. He's not going piss off his Wall Street buds, not yet. He doesn't want a stock market crash, either, because then the white people might riot. Ha ha, just kidding.
Poor dear, Madame Chair. The plane is nosediving, but cockpit door is locked.
That's the only sense we can make of this disjointed and ephemeral stimuli, at least as of this writing.
Get this story to the major news networks pronto. They’ll want to lead with it tonight.
LOL. As long what doesn't kill us makes us stronger.
Delusion is out Stregnth
It’s like the Chicago Bulls of the 90s against a girls Jr. high basketball team.
You don’t think NAFTA et al has anything to do with do you? Nah.
And all these years, I thought UNITY of purpose was our strength, not diversity. I’m still dodging that Left Wing Indoctrination Camp..........
Slavery is Freedom!
Well stated.
bkmk
I watched the supposed expert pundits discussthis on Bret Baer’s Special Report tonight
Not one of the geniuses mentioned the real culprit. I called this two years ago. Said then spring and summer of 15 economy will tank.
Why? Because people have now been forced to waste their exspendable income on mandatory Healthcare Insurance. Those that signed up last year and scrimped by are now being forced to pay back wrongly calculated subsidies, those that just signed up are faced with monthly payments they can barely make.
You can’t spend what the government has already confiscated.
His plan had 5 pillars:
1) cut taxes
2) cut regulations
3) control welfare state spending
4) increase government spending for defense
5) control inflation by controlling the increase in the money supply
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