It bugs the heck out of me too. Interest rates, inflation, gas lines, unemployment . . . MUCH WORSE than what Obama “inherited” from Pelosi and Reid.
GOP should have countered this LOUD & LONG.
And yes, Reagan turned it around contrary to what Bill Clinton said nobody could have turned this one around which wasn’t nearly as bad.
Must be a Democrat thing, Clinton used the same excuse when he took office.
I’m right with you on that. It was worse then...not that it is great now! Both times due to freakin’ Keynesian liberal idiots.
It's the same Mantra Clinton used, "It's the Economy Stupid".
Only I, like you, remember double digit inflation, double digit mortgage rates and double digit unemployment in 1980, the reign of Jimmy Carter.
Reagan corrected that!
Think of trying to respond to the exhaust nozzle of a jet engine.
The good thing is that Romney has a wealth of material left to use in the debates. He's like a kid picking up candy after a pinata is smashed every time Obama/Biden open their mouths.
"That was our line in 1992!" Carville reminded us.
This web site is known for its accuracy, we do not lower ourselves to our opponents level of sloppiness.
The unemployment rate when Reagan took office was 7.2%, not 10%. The rate rose while Reagan allowed Volcker to continue his policy of wringing inflation out of the economy. Reagan sacrificed the first two years of his term to do what was right for the long run of the country. And he paid a price in the ‘82 congressional races.
Thank G*d for his two terms but let’s be accurate. The Reagan legacy lives on because he did the right thing, not the expedient thing. Something this loser in the White House never understood, and never will.
I remember those days also. Bought my first house at a 17% interest rate. Gas stations were all closed or had long lines. Getting a job was nearly impossible then if you didn’t already have one.
I remember that was when my father got laid off from a defense contractor after 20 years (Martin Marietta). He didn’t collect unemployment or get food-stamps and welfare. He worked at a still-open gas station cleaning toilets.
Oh, btw, I’m getting laid off from a defense contractor for the 3rd time in a year next Thursday (L-3 Communications). That is after being employed for 33 years at Northcrap Grumman up until last October. But I’ll take being wacked again if it means Obama gets his pink slip too. Gas station here i come!
Because, politically, it’s not a good idea for a guy with $200+ million to utter to the electorate the equivalent of “it’s not that bad” if he needs their votes.
Politically it’s a bit wiser to suggest this is a time to think critically and abandon the guy who’s been unable for four years to fix things.
Just my take
excellent question
the big lies about Bush’s record continue to go unchallenged as Mitt “apologizes” for citing heroes and any other stupid rope-a-dope crises David the Red-Axelrod orchestrates to keep him on the defensive
I remember qualifying for a 14% VA interest rate Jimmy Carter mortgage and feeling grateful I got one at all because conventional mortgages were 17%
The worst part of this lie is that they’ve now taken to calling it the Great Recession.
I think Paul Ryan is chomping at the bit to hear Biden bring that up tonight - Ryan will crush that one out of the park........
Romney only needs to point out the facts, that the problems began when the RATs took control of congress in January ‘07. By his inauguration in January ‘09, Obama found himself presiding over a major decline and subsequently worsened it with his policies.