Reagan-Bush Era scores top 11 quarterly jumps in Real Per-Capita Disposable Personal Income

South Western College ^ | 2000 | Commerce Department

[GraniteStateConservative]

Quarter	Income	Quarterly Gain
Q1-84	17415	2.12%
Q3-81	16400	1.89%
Q4-83	17053	1.83%
Q2-84	17716	1.73%
Q3-87	18924	1.70%
Q2-85	18342	1.67%
Q4-92	20551	1.59%
Q3-83	16746	1.59%
Q3-84	17996	1.58%
Q4-80	16196	1.54%
Q1-92	20207	1.45%
Q2-94	20676	1.43%
Q1-98	22412	1.40%
Q2-93	20403	1.25%
Q1-90	20092	1.25%

[GraniteStateConservative]

Reagan-Bush also got 12 of the top 15 quarterly jumps in Real Per-Capita Disposable Personal Income.

Boy, those 12 years were sure the pits!

[InterceptPoint]

Boy, those 12 years were sure the pits!

Yes, those were pretty good times.

But don' forget it was all a bit artificial since the Congress (with the Reagan veto pen stuck in his desk) that was running up a huge national debt that we are now taxed to pay the interest on. Someone should make the calculation that shows the growth in real disposable personal income for those years if we had paid enough in federal taxes to balance the budget.

I am NOT suggesting higher taxes should have been collected during Reagan-BushSr but when the people spend money and the Congress spends the same money then we are kidding ourselves just a bit when we talk about real income.

All of this points up my primary criticism of Reagan: He failed to control a runaway Congress. He should have and he didn't and we, our children and our grandchildren and their children and grandchildren will pay and pay for that failure far into the future.

[T. Jefferson]

Large portion of the increase in spending was a one time rebuild of defense which Carter decimated. Since it ended the cold war threat, it was worth it.

[Vladiator]

Yes! And now we're Standing Tall Again! America Number One!!

[savedbygrace]

Add to that the fact that Q2 1993 was still under a Bush budget, and Q2 1994 was still feeling the effects of the previous Reagan/Bush budgets, because the US economy is more like an ocean liner than a speedboat, it's even more solid.