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Obama's 'Worst of the '70s' Show
Investor's Business Daily ^ | 06/17/2014 | IBD Staff

Posted on 06/18/2014 5:13:40 AM PDT by IBD editorial writer

Deja Vu: If the Reagan era was the "decade of greed," what would you call the Obama era? How about a rerun of the Seventies?

Someone who lapsed into a coma in the '70s and woke up today might wonder if time had passed at all. Sure, the cars are sleeker and the technology cooler, but the rest — in large part thanks to President Obama — is starting to look vaguely and uncomfortably like the worst of that awful decade.

A few parallels worth noting:

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: economy; iraq; obama; russia

1 posted on 06/18/2014 5:13:40 AM PDT by IBD editorial writer
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To: IBD editorial writer
The high (low) points:

• Economic stagnation

• Keynesianism run amok

• Gas prices

• Russia on the march

• Iraq/Vietnam

• Attacks on press freedom

• IRS abuse

• Lawless president

2 posted on 06/18/2014 5:22:04 AM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: IBD editorial writer

Having suffered a broken 5th metatarsal in Feb and being under doctor’s orders to stay off my feet, I took my first walk around the neighborhood yesterday.

I was a nonplussed to see how hard the recession has been on my neighborhood. Houses people were proud to maintain needing yards cleaned up, driveways disintegrated into rubble, weeds taking over, no flowers in front, old beaters in the driveways,.............what was beautiful and lovely place to raise kids has become tired and sad.

I could hardly wait to get back inside.


3 posted on 06/18/2014 5:22:58 AM PDT by yldstrk ( My heroes have always been cowboys)
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To: IBD editorial writer

It should be pointed out that many (if not most) of the people who got filthy rich during Reagan’s “decade of greed” were flaming liberals. Michael Milkin and Michael Eisner come to mind, but there are many, many others.


4 posted on 06/18/2014 5:25:17 AM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: Rummyfan

Just about everything except inflation, polyester leisure suits and bad disco.


5 posted on 06/18/2014 5:47:05 AM PDT by canuck_conservative (Congrats Spurs, #5 !!)
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To: IBD editorial writer

I do awake each morning with this strange sense of deja-vu that I’m a teenager again reliving the whole Carter Administration.


6 posted on 06/18/2014 5:54:57 AM PDT by Buckeye McFrog
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To: IBD editorial writer

I still cringe when I hear that the 80’s were the “decade of greed”...

THIS, here TODAY, is the decade of greed. EVERYTHING our elected leaders do is simply to line their OWN pockets from EVERY possible source! It’s ALL they spend their time doing! Figuring out every possible angle to extract money from somebody; somewhere.

At least in the 80’s, we had SOME principled men in office who actually worked to BETTER this nation for no other reason than they loved it.


7 posted on 06/18/2014 6:06:18 AM PDT by joethedrummer
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To: IBD editorial writer

I can’t remember where I read it or who said it, but before Obie was inaugurated it was said that there were 2 kinds of people. those that remember what the 1970s were like and those that were going to find out.


8 posted on 06/18/2014 6:15:51 AM PDT by wny
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To: wny

I was only a kid but remember the 70s esp. the peanut years very well.


9 posted on 06/18/2014 6:28:05 AM PDT by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.q)
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To: joethedrummer
I don't call the '80's the Decade of Greed. Along with economist Robert Bartley, I call them the Seven Fat Years.
10 posted on 06/18/2014 6:35:34 AM PDT by Fiji Hill
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To: Buckeye McFrog

“I do awake each morning with this strange sense of deja-vu that I’m a teenager again reliving the whole Carter Administration.”

Up next, the abomination known as Disco!


11 posted on 06/18/2014 6:44:29 AM PDT by Valin (I'm not completely worthless. I can be used as a bad example.)
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To: IBD editorial writer

Obama = Carter on steroids, lacking the love of country.


12 posted on 06/18/2014 6:46:34 AM PDT by JimRed (Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
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To: joethedrummer
At least in the 80’s, we had SOME principled men in office who actually worked to BETTER this nation for no other reason than they loved it.

No more Hubert Humphreys, Scoop Jacksons or Zell Millers in the RAT party, with whom you could disagree but still respect because they loved America too.

13 posted on 06/18/2014 6:50:26 AM PDT by JimRed (Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
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To: Valin
Up next, the abomination known as Disco!

Replaced by rap/gangsta rap.

14 posted on 06/18/2014 6:51:41 AM PDT by JimRed (Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
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To: IBD editorial writer

Coming this fall on NBC: The updated version of “What’s Happening!”, starring Barack Obama as “Raj”, Eric Holder as “Dwayne”, and Al Shapton as “Rerun.”


15 posted on 06/18/2014 6:51:43 AM PDT by GreenHornet
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To: canuck_conservative

“Just about everything except inflation, polyester leisure suits and bad disco.”
////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

Food prices are rocketing higher, leisure suits were positively gorgeous compared to idiots running around with their pants falling off and their drawers showing, and “bad disco” was much better than most of the crap people are calling music now. Would you rather listen to this https://www.youtube.com/watch?v=n3rEzI0PtPAor this https://www.youtube.com/watch?v=LrUvu1mlWco&list=PLd42-BQxb8RZFFnp_2gP9IxBGWehP40eX? As for Ol’ Rip I think Donna is an absolute angel and the epitome of talent compared to Miley even though I would not have crossed the street to see Donna Summer in the seventies and I think we would have to climb a long, long, long hill to get back UP to where we were in the seventies. I would pay a fair sum to NEVER HEAR OF Miley Cyrus again. I would think it heaven to see all the danged fools with their pants falling off dress up in polyester leisure suits. But, what the hey, I’m just a grouchy old man whose idea of a great singer is Roy Orbison. What do I know?


16 posted on 06/18/2014 7:57:13 AM PDT by RipSawyer (May the force be with you against the farce.)
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To: IBD editorial writer
Hey, I said the same thing many months ago! Can I get some royalties? B-)

I said, "I feel like I woke up in 1979. We have a bad economy, gas, and other, prices are up, trouble in the Middle East, The Russians invading their neighbors, high unemployment and Jerry Brown is governor of California."
17 posted on 06/18/2014 8:20:34 AM PDT by Nowhere Man (Mom I miss you! (8-20-1938 to 11-18-2013) Cancer sucks)
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To: wally_bert
I was only a kid but remember the 70s esp. the peanut years very well.

I was born in 1966 so I remember those times very well.
18 posted on 06/18/2014 8:22:24 AM PDT by Nowhere Man (Mom I miss you! (8-20-1938 to 11-18-2013) Cancer sucks)
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To: IBD editorial writer
Michelle Obama certainly demonstrates a return to ugly fashion.
19 posted on 06/18/2014 8:31:28 AM PDT by Conservative4Ever (waiting for my Magic 8 ball to give me an answer)
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To: RipSawyer

Agreed, Mr. Sawyer, and may I say it now, because I may not be available to say it when the inevitable happens (and NO WISH that it may happen soon)...R.I.P., Rip.


20 posted on 06/18/2014 10:18:07 AM PDT by gnickgnack2 (QUESTION obama's AUTHORITY)
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To: GreenHornet

Hey hey hey...


21 posted on 06/18/2014 10:22:07 AM PDT by shotgun
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