0nelilreb
Don’t ask if you don’t want the truth .
- Joined
- Jun 29, 2010
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It’s actually really good . One was regular the other peanut butter . Neither made it past the twenty mile marker after I got back in the Truck . Lol
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So lemme guess. You are cool with voting delegates that have zero accountability to any constituents.I know but people really did concern troll as if Bernie had been wronged.
What was the economy like under Carter?
What was the economy like under Carter?
On assuming office in 1977, President Carter inherited an economy that was slowly emerging from a recession. He had severely criticized former President Ford for his failures to control inflation and relieve unemployment, but after four years of the Carter presidency, both inflation and unemployment were considerably worse than at the time of his inauguration. The annual inflation rate rose from 4.8% in 1976 to 6.8% in 1977, 9% in 1978, 11% in 1979, and hovered around 12% at the time of the 1980 election campaign. Although Carter had pledged to eliminate federal deficits, the deficit for the fiscal year 1979 totaled $27.7 billion, and that for 1980 was nearly $59 billion. With approximately 8 million people out of work, the unemployment rate had leveled off to a nationwide average of about 7.7% by the time of the election campaign, but it was considerably higher in some industrial states.
Jimmy Carter on Budget & Economy
spin, spin, spin. Carter made a bad problem worse, that's his legacy. No way even you can spin out of that one.Carter inherited a mess and made some poor decisions but his deregulation of several different key industries is probably the biggest reason the 80's and 90's were so booming. He also appointed Volcker to the fed, and by almost all accounts, he was the GOAT fed chair
You gotta get it out of your head that the economy at the moment is an accurate reflection of that president's economic legacy.
spin, spin, spin. Carter made a bad problem worse, that's his legacy. No way even you can spin out of that one.
Let's see, blame Bush, take credit for Trump. Is that the Obama legacy you're spinning for here? Or when it started to turn around for Obama, credit Bush and take credit for Trump? Or was it the 0% interest rates with the Fed monetizing the debt? Maybe Trump deregulating a lot of Obama's policies and getting a tax cut might explain today's economy? It's so confusing when you don't want to believe the reason for what's happening now, isn't it?
Spin for me some more Huff. Go on, entertain me.
No tax cut? The corporate tax rate went way down and bumped the economy bigly. Lots of $$$ coming back to America, creating jobs, higher wages for those who had none under the previous administration.I give credit to Trump for his deregulatory measures. However, what he did is nowhere near as impactful as what Carter did.
There is no "tax cut". Income tax went down. Tariff taxes and others went up.
I can give credit and fault to them both but here you are trying to give credit to Trump while trashing Carter when Trump is hurting the future for the sake of good numbers now while Carter secured our future doing something every conservative pretends he will do in office.
Can you give credit where it's due?
I was a teenager and early 20's guy when Carter was president. By the time he was done taking a shotgun to the economy nobody could get a job and this is from someone that actually voted for him. I never voted for a democrat after him.I give credit to Trump for his deregulatory measures. However, what he did is nowhere near as impactful as what Carter did.
There is no "tax cut". Income tax went down. Tariff taxes and others went up.
I can give credit and fault to them both but here you are trying to give credit to Trump while refusing to credit Carter. Trump is hurting the future for the sake of good numbers now while Carter secured our future doing something every conservative pretends he will do in office.
Can you give credit where it's due?
Reagan's reputation benefited bigly from Volcker's program to reign in inflationCarter inherited a mess and made some poor decisions but his deregulation of several different key industries is probably the biggest reason the 80's and 90's were so booming. He also appointed Volcker to the fed chair, and by almost all accounts, he was the GOAT
You gotta get it out of your head that the economy at that moment is an accurate reflection of that president's economic legacy.