Jimmy. The great white hunter.While it's true the middle class is being devastated by Obamanomics, Carter's claim that the causes of that devastation are insufficient government expenditures on "affordable housing" and economic regulation like the minimum wage, the truth is that socialist, central planning grinds down the middle class. He is completely oblivious to the tragic irony.
Not surprised that Jimmy doesn’t link the worsening position of the middle class to failed Progressive attempts to manage our economy. We need pro-growth policies and a less intrusive federal government, not greater “investment” by an all-powerful, central government in housing for our middle class families.
It’s called “Marxism”.
Karl Marx HATED the middle class. He wanted their blood running in the streets.
So here we are in 2013 attempting to use Marx’s ideas to make life better for the middle class.
And it’s the middle class pushing these Marxist policies.
So what do you want me to say?
Carter should be proud of his role in helping democrats drag America down to third-world status.
I think Jimmy is happy to no longer be the worst president in living memory.
Anyone that is worried about an “income gap” or “wealth gap” doesn’t care about the poor at all. In fact, they would be just fine if the poor were poorer, so long as the rich was less rich!
Old jimmuh wants more communism.
LLS
That was at the end of Carter’s term not at the beginning.
Their solution is everybody should have two apples. And they really consider it a "win" for society if they succeed.
I remember when trying to buy a house during "Jimma's" reign, the interest rate was double digit, yeah like 10 to 13% or more.
That was pretty much like using your VISA card to buy a house.
I also remember that towards the end of his four year reign, regular people could not afford to wear nice clothes - the Carter "uniform" was worn out tee shirts and jeans and broken down tennis shoes. And haircuts. Who got haircuts? Who could afford a haircut?
And then, there were the gas lines.
So, his personal experience is bonafide crap.
Yep, Jimmah. Obama has passed you as the worst president in US history.
Of course, he got 2 terms to do it in. His first term was a disaster. After a few tweeks, however, his second term is even worse — and Obamacare hasn’t really kicked in yet. Give that 2 more years, and more cities may resemble Detriot 2013.
Carter’s new legacy: My presidency was better than Obama’s.
Today's “poor” have shelter, cars, TVs, microwaves, and many things the “middle class” went without, 50 years ago.
It is precisely because they have more that mere “necessities”, that they remain unmotivated to improve their situation.
carter should know, he created a lot of poor during his term. people that were missle class, many of them farmers. his grain embargo did a lot of damage to the economy and the country.
He got one thing right. Even if he got it right for the wrong reasons. The democrat dominated gerrymandered districts that have secured the elimination of the middle class with no chance for this to change.
Jimmy. The great white hunter.Misery index as of August 2013 is 8.82
Last year Jimmy Peanut was in office 21.98 June 1980
FYI:
The misery index was initiated by economist Arthur Okun, an adviser to President Lyndon Johnson in the 1960’s. It is simply the unemployment rate added to the inflation rate. It is assumed that both a higher rate of unemployment and a worsening of inflation both create economic and social costs for a country. A combination of rising inflation and more people out of work implies a deterioration in economic performance and a rise in the misery index.
I move the name be changed to the Obama index. do I hear a second???
He isn’t right! He has lost it! Todays “poor” have phones, big screens, cable, newer cars than a lot of us, plenty of food, shelter. There are some destitute, but many because of choice.
The Middle Class were poverty stricken during his administration with high inflation, high interest rates, and high unemployment.
Mortgage rates today are at 4.5%. In his day 21%.
An average home today costs a total of $1,200 including payment, interest, taxes, and insurance. In Peanut head’s administration with their high mortgage rates that would be $3,300.
That’s right. Today we pay $1,200 but under Carter it would have been $3,300.
What does he know about the middle class anyway???
Good ol Jimma, gets everything backwards.
Today’s poor live like the middle class of
years ago. Color TVs, Cell phones, big cars,
welfare,Wic,Snap, head start.
When will we be done with the old fool.