Sounds like history is reating itself. If so, Keep Hope Alive!.
Posted on 08/05/2011 5:35:20 AM PDT by reaganaut1
Inflation was above 10% when Reagan took office, and the Federal Reserve tightened monetary policy under Volcker to bring it down. That's what caused the recession early in Reagan's term, and it was unavoidable.
A classic example of Stein’s whining about his good life, from the same column:
“Frankly, I am getting old and tired and cannot handle all of the homes I have much longer. Maybe I will sell them all and just live with my big wifey in the one in Malibu. No swimming pool, but we can get one put in. Then it would be perfect.”
This is beyond parody.
So Ben Stein is a “Tax You(not me) More” Hollywood liberal
who knew
Bueller-Bueller-Bueller-Bueller-Bueller-Bueller...
The recession started in 1980. Reagan was not President for even one day in 1980, and his tax cuts did not take effect until 1983.
.....haven’t seen him on FOX as often as he has been in the past....a clear sign he’s been brought.
brought bought
Ben needs to get the red out.
Ben needs to get the red out.
The great Ronaldus Magnus inherited a FAR worse economy from Mr. Peanut Carter than Comrade Ozero did from Bush43:
Carter economy:
-Double digit unemployment
-Double digit inflation
-Prime interest > 20%
-Mortgage 30yr interest > 18%
After 1 year of passing his tax rate cuts, Reagan’s GDP was soaring @ 8.5%
Comrade’s BIG GOVT Porkulus results:
-GDP in 1Q/11 = 0.4%
-Unemployment (U6) = 16%
Why doesn’t Ben stick to the topics he knows something about, like his dogs and his meds and his neuroses and his rich pals’ hospitality and his fear of growing old and his guilt about being rich himself, and etc..........
Now, in 1978 he wrote an absolutely first rate book about venality and leftwing hypocrisy in Hollywood called “The View from Sunset Boulevard”. Of course, that was an update IMO of Eugene Lyon’s classic “The Red Decade” (1940).
Ben was a superb muckraker once, but wealth and ease have left him a changed man. His idelogy changed, too, like so many who attain affluence and think it was just pure luck and they don’t really deserve it and skew leftward to assuage their guilt.
Ben Stein is a progressive in conservative clothing. Beware.
Ronald Reagan wasn’t inaugurated until Jan, 1981. The recession started in 1980. How can this clown blame Rreagan for a recession that was already in progress because of the progressive politics of Carter and his administration and a Democratic congress? Carter lost re-election because the economy sucked wind for his entire four years.
During Jimmy Carter’s last year in office (1980), inflation averaged 12.5%, compared to 4.4% during Reagan’s last year in office (1988). Over those eight years, the unemployment rate declined from 7.1% to 5.5%, hitting annual rate highs of 9.7% (1982) and 9.6% (1983) and averaging 7.5% during Reagan’s administration.
http://en.wikipedia.org/wiki/Ronald_Reagan
Next thing you know the RATS will be blaming GW or Reagan for the Crucifixion of Jesus.
That’s “ideology”. Geez...........
I guess “idelogy” would be the study of events which occur around the middle of March.
His father was in charge of "Wage and Price Controls" for Nixon.
The apple doesn't fall far from the tree.
Sounds like history is reating itself. If so, Keep Hope Alive!.
“RATS will be blaming GW or Reagan for the Crucifixion of Jesus.”
I’m sure that in Reverend Wright’s church, it is taught that Jesus died preemptively for Reagan’s “sin” of showing progressives how wrong-headed their views about domestic and foreign policy were, again, and again, and again.
Jews are almost always dimocrats.
Lol, nicely put.
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