Quote of Decade

Read the article and do some research before commenting next time you senile old SOB...


"In 1984, Reagan was still blaming Jimmy Carter and it worked," says a Democratic leadership aide. "We'll not just blame [Bush] but point out that the best indication of what they'll do is what they've done." Originally Posted by WTF

Yeah. The Democratic leadership aide said that. That is true, but the aide was lying.

Chew on these numbers........ WTF

Yeah. The Democratic leadership aide said that. That is true, but the aide was lying. Originally Posted by CuteOldGuy

Well a Democratic aide didn't say this...

"The problems we inherited were far worse than most inside and out of government had expected; the recession was deeper than most inside and out of government had predicted. Curing those problems has taken more time and a higher toll than any of us wanted."


Reagan's 1983 State of the Union: Originally Posted by WTF

Chew on these numbers........ WTF

Originally Posted by tttalinky

Do you understand that that was 34 years ago? Apples to navy beans.

Obama could not inflate his way out of this recession. The Fed went a different direction. Maybe they should have. Maybe they should have had 25% rates and folks could have paid off their house with funny money. Then we would all have more disposable income. If we really got lucky like Reagan oil prices would drop to say 20 dollars barrel and folks would even more disposable income. Now folks in texas might not like that, not sure if you remember those days...

Like I said apples to navy beans.

The investment bankers sucked this huge amount of money from us in the form of the housing bubble. We have stuck all that bad debt onto the government books, that is going to take a long time to decouple.

Originally Posted by WTF
"The problems we inherited were far worse than most inside and out of government had expected; the recession was deeper than most inside and out of government had predicted. Curing those problems has taken more time and a higher toll than any of us wanted."

Reagan's 1983 State of the Union:

Well, I'll be damned. I didn't remember that. However, Reagan did not continue to blame Carter, he went to work to try to fix the problem. He instituted tax cuts, and tax reform and other policies which resulted in one of the longest peacetime business expansions in history.

Obama is doing just the opposite. He is exacerbating the problem, and digging us in deeper.

However, Reagan was not perfect. He had trouble standing up to Congress when it came to spending, and "invented" the mega-deficit. Now the deficit and national debt are so huge, the house of cards will crumble in the near future. Obama is only making things worse.

But you are right, WPF. On at least one occasion Reagan did blame Carter. I stand corrected.

Originally Posted by tttalinky

Reagan blamed Carter for a little while. Fixed Carter's fuck ups and in the long run became a much better president than Carter ever could have hoped to be. Obama on the other hand really isn't sure what he's suppose to do or how to do it. So he just settles on blaming Bush.

Reagan blamed Carter for a little while. Yea like for four years! Fixed Carter's fuck ups and in the long run became a much better president than Carter ever could have hoped to be. Obama on the other hand really isn't sure what he's suppose to do or how to do it. So he just settles on blaming Bush. Originally Posted by acp5762

What you dumb SOB's fail to realize is that high oil prices killed Carter. Reagan shipped Iran some arms and hello.....low oil prices. He turned tail and ran out of the Middle East after the Marine barracks bombing. You need any more history lessons?

Maybe Obama should make a deal with Iran! Would our righties get on board with that?

Had Obama's trouble only been high oil prices we would be outta the woods like we were back then what with all the oil we have found here. Our problem is all this home debt You want to wash that away with double digit inflation again?

What you dumb SOB's fail to realize is that high oil prices killed Carter. Reagan shipped Iran some arms and hello.....low oil prices. He turned tail and ran out of the Middle East after the Marine barracks bombing. You need any more history lessons?

Maybe Obama should make a deal with Iran! Would our righties get on board with that?

Had Obama's trouble only been high oil prices we would be outta the woods like we were back then what with all the oil we have found here. Our problem is all this home debt You want to wash that away with double digit inflation again? Originally Posted by WTF

High Oil prices was not the reason for Carter's demise. It was the Iranian Hostage Crisis.From the moment the Embassy in Tehran was overrun by Islamic extremist to the moment Reagan was sworn in as president over a year had past. No doubt Carter inherited an impossible situation and he and his advisors made the worst of it.

High Oil prices was not the reason for Carter's demise. It was the Iranian Hostage Crisis.From the moment the Embassy in Tehran was overrun by Islamic extremist to the moment Reagan was sworn in as president over a year had past. No doubt Carter inherited an impossible situation and he and his advisors made the worst of it. Originally Posted by acp5762

You do realize we got all the hostages back unharmed?

Had gas prices not been so high , Carter would have won reelection IMHO


http://www.theatlantic.com/business/...-obama/253899/

No. 1: The U.S. isn't in a fight to the death with inflation
If there's a single graph that captures the misery of America's economy in the 1970s and early 1980s, it's the one below. That blue line? It's the non-core inflation rate, which includes the cost of goods like food and energy which get left out of other measures. Notice that in late 1978, when the Iranian revolution helped send oil prices soaring, prices were already rising at more than 7 percent a year. U.S. policy makers had been trying and failing to slay inflation for most of the decade, and the sudden shock of high oil prices helped set the rate completely out of control. Expensive crude made gas, as well as consumer goods, more expensive. That sent workers bargaining for higher wages, which made prices to rise further. Presto chango: an inflationary spiral.

"You and I have a rendezvous with destiny. We will preserve for our children this, the last best hope of man on earth, or we will sentence them to take the first step into a thousand years of darkness. If we fail, at least let our children and our children's children say of us we justified our brief moment here. We did all that could be done."

I don't think President Obama got the memo

Had gas prices not been so high , Carter would have won reelection IMHO
Originally Posted by WTF

OMG!.................. Shut your whore mouth!

Every time I think you couldn't say anything more stupid you always come back and out do yourself.

You do realize we got all the hostages back unharmed?

Had gas prices not been so high , Carter would have won reelection IMHO


http://www.theatlantic.com/business/...-obama/253899/

No. 1: The U.S. isn't in a fight to the death with inflation
If there's a single graph that captures the misery of America's economy in the 1970s and early 1980s, it's the one below. That blue line? It's the non-core inflation rate, which includes the cost of goods like food and energy which get left out of other measures. Notice that in late 1978, when the Iranian revolution helped send oil prices soaring, prices were already rising at more than 7 percent a year. U.S. policy makers had been trying and failing to slay inflation for most of the decade, and the sudden shock of high oil prices helped set the rate completely out of control. Expensive crude made gas, as well as consumer goods, more expensive. That sent workers bargaining for higher wages, which made prices to rise further. Presto chango: an inflationary spiral. Originally Posted by WTF

I seem to remember being THRILLED about getting a 15 percent loan to buy a new car, and giving our men bi-annual raises just to keep up with inflation.

You do realize we got all the hostages back unharmed?

Had gas prices not been so high , Carter would have won reelection IMHO Originally Posted by WTF

We got the hostages back on the same day Carter was out and Reagan was inaugurated January 20, 1981, at the moment Reagan completed his 20‑minute inaugural address after being sworn in as President, the 52 American hostages were released by Iran into U.S. custody, having spent 444 days in captivity

Carter was doomed with the Iranian hostage crisis. If Operation Eagle Claw had been successful Carter would have been a hero and easily won reelection. Gas prices may have had something to do with his downfall, but the Iranians and Carters weak response sealed that deal.

Here is my nomination for Quote of the Decade

You do realize we got all the hostages back unharmed?

Had gas prices not been so high , Carter would have won reelection IMHO


http://www.theatlantic.com/business/...-obama/253899/

No. 1: The U.S. isn't in a fight to the death with inflation
If there's a single graph that captures the misery of America's economy in the 1970s and early 1980s, it's the one below. That blue line? It's the non-core inflation rate, which includes the cost of goods like food and energy which get left out of other measures. Notice that in late 1978, when the Iranian revolution helped send oil prices soaring, prices were already rising at more than 7 percent a year. U.S. policy makers had been trying and failing to slay inflation for most of the decade, and the sudden shock of high oil prices helped set the rate completely out of control. Expensive crude made gas, as well as consumer goods, more expensive. That sent workers bargaining for higher wages, which made prices to rise further. Presto chango: an inflationary spiral. Originally Posted by WTF

Yeah, but what does that have to do with the price of Tea in china. My whole point was The Hostage Crisis took place during carter's Administration and lasted for over a year. Gas prices were not the reason for the capture of our people. Carter could not mitigate the crisis affectively for the release of the Hostages thats unacceptable. In fact gas prices back in 1980 were on an average of 1.22/gal which is equivalent to 2.60 in the year 2000. So I don't think Gas prices can be a major factor for Carter's problems. Carter was not very good at mitigating crisis. We live in exciting times with new technology, overall life is really an adventure. But we also live in a world that is sometimes a mean and ugly place. An American President can easilly find himself in a crisis of unsurmounting proportions. Bengahzi is the most recent. When the shit hits the fan a President has to act and act fast, otherwise lives can be lost. In the case of those Hostages maybe they didn't lose their lives but can you imagine the trauma they bear from that experience, 444 days of captivity, must have seemed like a decade. We will have more crisis over the course of the next four years believe me. I hope Obama is up for the challenges ahead. Cause he may not get a full eight hours of sleep every night.