Jobless Rate Over 10%

GRR Spartan · 11-06-2009, 01:23 PM

Bully likes to forget Reagan increased spending, decreased taxes and job growth was paced by the growth in public jobs, even Federal government jobs.

So the guy conservatives love increased the size of government and used deficit spending.

Right now if the price of gasoline and other fuels would drop to 0.99 to $1.25 per gallon like they did when Iran and Iraq had to fund their war so the market was flooded with oil exports the current recession would end nearly as fast as it did under Reagan. The big difference is Reagan (and MI) had a manufacturing sector to help cure the economic ills. Not there this time.

11-06-2009, 01:23 PM	#21 (permalink)
GRR Spartan Walk-On 25,000+ posts Join Date: Sep 2001 Location: West MI Posts: 29,935 #53 Greg Jones	Bully likes to forget Reagan increased spending, decreased taxes and job growth was paced by the growth in public jobs, even Federal government jobs. So the guy conservatives love increased the size of government and used deficit spending. Right now if the price of gasoline and other fuels would drop to 0.99 to $1.25 per gallon like they did when Iran and Iraq had to fund their war so the market was flooded with oil exports the current recession would end nearly as fast as it did under Reagan. The big difference is Reagan (and MI) had a manufacturing sector to help cure the economic ills. Not there this time. __________________ : One National Championship, 5 trips to the Final Four, Eight Sweet Sixteens, 12 consecutive trips to NCAA Tournament, 6 Big Ten Championships. Yeah, we'll keep him.