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Thursday, April 30, 2015

Obama vs. Reagan on Economic Growth: Not Even Close

Trickle Down Economics vs. Trickle Down Socialism

Ronald Reagan’s economic plan saw GDP surge at a 3.5% clip – 4.9% after the recession. That’s a 32% bump.

During the Obama years, thanks to his big government policies, the US economy has stalled. Today the quarterly GDP was announced. The GDP for the first quarter of 2015 braked more sharply than expected at only a .2% pace. The US economy has grown an anemic 9.6% during the Obama years (excluding today’s dismal number).

Of course, Obama’s record on job growth is also much worse that President Reagan’s record.



Anonymous said...

Reagan's record on taxes is abysmal, as was the growth of the yearly budget deficit on his watch.

Anonymous said...

1:45,obviously your a Jimmy Carter liberal.Reagan took over what amounts to what Obama has done to the economy.

Anonymous said...

Sorry, 3:32, 1:45 is right. The Gipper talked fiscal, but increased the deficit more than all previous presidents combined. Complained about not getting a line item veto and how we needed a balanced budget...never once submitted a balanced budget.

Damn good national cheerleader, though. Carter was great at the environment and women's progress, but pretty much sucked at everything else. Reagan wouldn't have had to do anything to look better.