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Tale of Two VERY Different Recoveries:
Reaganite Republican ^
| October 17, 2012
| Reaganite Republican
Posted on 10/17/2012 3:06:03 PM PDT by Reaganite Republican
Obama loves to tell you how long we've been in 'recovery' and how many jobs he's 'saved or created'- please.
Yet Ronald Reagan actually created more than twenty million jobs over his two presidential terms- growing the countrys real GDP by nearly 30% in the process:
Those kind of results make one wonder how Obamas multi-trillion-dollar spending orgy could have impressed anybody: he had pledged an unemployment rate in the fives by now, driven by 3.5M new and 'saved' jobs -whatever those are- still, a paltry figure 16.5M jobs shy of The Gippers towering accomplishment.
We now know that -in the event- Dear Leader didn't produce much wealth nor demand for labor with a pork-laden 'Stimulus' that amounted to little more than a left-wing raid on the Treasury, and actually set us back more than the entire cost of the Iraq war.
TOPICS: Business/Economy; Government; History; Politics
KEYWORDS: jobs; obamanomics; reaganomics; recovery
To: AdvisorB; ken5050; sten
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