Emerald Coast Tea Party Rally and President Reagan Tribute
- Thread starter Navy Retired Chief
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Why do I keep getting criticized for chart coloring? Is that the only response democrats can come up with?
It's BS because you are projecting based on info we don't yet have. This chart is more factual:
http://z.about.com/d/uspolitics/1/7/n/G/095.png
If you blow this one up and focus on 1980 to present you get a graph that shows debt rising with Republicans and falling with democrats.
That graph isn't based on current CBO data, and doesn't project out based on CBO estimates. Aside from that, I'd be happy to turn my graph upside down to make you happy.
I would however appreciate you pointing me to historical data pre 68, if you know where it is. I couldn't find it.
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Orange-- the color of Crocs.
What about the war in Afghanistan that bankrupted the Soviet Union? Many historians believe that was the single most important factor in the downfall of the Soviets. The only thing the Reagan administration did to precipitate that was to fund a Saudi citizen who wanted to start a jihad fight to keep the Soviet infidels out of the Muslim world. Training and funding Osama bin Laden wasn't a great moment in U,S, foreign policy.
I am so tired of the divisiveness, the blameless heroes and evil villians. I am tired of oversimplified punditry.
I'd love to hear what solution-based policies this rally is going to be supporting.
The data goes all the way back to 1940. I don't know where you're looking. And no it doesn't project out because it's not based on fiction.
Prior to the Great Depression there was a recession that was pretty bad. Around 1920, I think. No government intervention and we pulled out of it faster than any other recession/depression with social Presidents and their respective social spending.
Start Wikipedia
The post-World War I recession was an [ame="http://en.wikipedia.org/wiki/Economic"]economic[/ame] [ame="http://en.wikipedia.org/wiki/Recession"]recession[/ame] that hit much of the world after [ame="http://en.wikipedia.org/wiki/World_War_I"]World War I[/ame].
The decade before the war had seen some of the fastest economic growth in history. In many nations, especially in [ame="http://en.wikipedia.org/wiki/North_America"]North America[/ame], this growth continued during the war as nations mobilized their economies to fight the war in [ame="http://en.wikipedia.org/wiki/Europe"]Europe[/ame]. After the war ended, however, the global economy began to decline. 1918-1919 saw a modest economic retreat, but the next year saw a mild recovery. The worst year of the [ame="http://en.wikipedia.org/wiki/1921_recession"]recession was 1921[/ame] when the global economy fell very sharply.
The recession was caused by the end of wartime production, along with an influx of labour from returning troops causing high unemployment. The war also had a lasting effect on global trade. The industries of continental Europe had been badly damaged by the war and the [ame="http://en.wikipedia.org/wiki/Russian_Revolution_of_1917"]Russian Revolution[/ame] had removed that nation from the world economy. [ame="http://en.wikipedia.org/wiki/Monetarist"]Monetarists[/ame] argue the most important cause was wartime [ame="http://en.wikipedia.org/wiki/Inflation"]inflation[/ame] caused by the borrowing and printing of money to fund the war effort. [ame="http://en.wikipedia.org/wiki/Free_market"]Free-market[/ame] economists also believe the recession was necessary. The rapid growth and increase in production had been largely due to the partial [ame="http://en.wikipedia.org/wiki/Command_economy"]command economy[/ame] imposed during the war. Free marketers believe that any such growth is illusory and must later be paid for in the form of a recession.
[edit] North America
The economy shrank by a considerably larger percentage than it did in the [ame="http://en.wikipedia.org/wiki/Great_Depression"]Great Depression[/ame]. However, the recession was very short lived. Factories soon retooled and adapted to producing consumer goods. The new factories began producing products such as [ame="http://en.wikipedia.org/wiki/Radio"]radios[/ame] and [ame="http://en.wikipedia.org/wiki/Automobile"]automobiles[/ame]. Women, who had entered the work force in large numbers during the war, mostly left the fields and factories, opening jobs for returning soldiers. The glut of labour also caused wages to fall dramatically. Some economists argue that this rapid decline restored economic equilibrium (source?), but it was only possible due to weak [ame="http://en.wikipedia.org/wiki/Labour_union"]unions[/ame] and little government protection of workers (source?). From 1922 until 1929, the North American economy showed consistent growth (source?).
In North America, the downturn was short-lived enough to have only limited social and political effects. It did almost certainly contribute to the American election in 1920 of the Republicans (source?) and a move by that nation towards political and economic [ame="http://en.wikipedia.org/wiki/Isolationism"]isolationism[/ame] (source?), which had no bearing in [ame="http://en.wikipedia.org/wiki/Australia"]Australia[/ame], [ame="http://en.wikipedia.org/wiki/Mexico"]Mexico[/ame] or the [ame="http://en.wikipedia.org/wiki/Caribbean"]West Indies[/ame] at that point.
End Wikipedia
I don't have a problem with social programs. However, I don't think the value of the dollar has shrunk so much in the last 6-8 mos. that our budget could be so out of line that we are looking at close to $2TR this year alone. And, don't forget, we just 'forgave' $8B to Chrysler. This isn't a good start for anything except inflation.
How many jobs have been created?
Start Wikipedia
The post-World War I recession was an [ame="http://en.wikipedia.org/wiki/Economic"]economic[/ame] [ame="http://en.wikipedia.org/wiki/Recession"]recession[/ame] that hit much of the world after [ame="http://en.wikipedia.org/wiki/World_War_I"]World War I[/ame].
The decade before the war had seen some of the fastest economic growth in history. In many nations, especially in [ame="http://en.wikipedia.org/wiki/North_America"]North America[/ame], this growth continued during the war as nations mobilized their economies to fight the war in [ame="http://en.wikipedia.org/wiki/Europe"]Europe[/ame]. After the war ended, however, the global economy began to decline. 1918-1919 saw a modest economic retreat, but the next year saw a mild recovery. The worst year of the [ame="http://en.wikipedia.org/wiki/1921_recession"]recession was 1921[/ame] when the global economy fell very sharply.
The recession was caused by the end of wartime production, along with an influx of labour from returning troops causing high unemployment. The war also had a lasting effect on global trade. The industries of continental Europe had been badly damaged by the war and the [ame="http://en.wikipedia.org/wiki/Russian_Revolution_of_1917"]Russian Revolution[/ame] had removed that nation from the world economy. [ame="http://en.wikipedia.org/wiki/Monetarist"]Monetarists[/ame] argue the most important cause was wartime [ame="http://en.wikipedia.org/wiki/Inflation"]inflation[/ame] caused by the borrowing and printing of money to fund the war effort. [ame="http://en.wikipedia.org/wiki/Free_market"]Free-market[/ame] economists also believe the recession was necessary. The rapid growth and increase in production had been largely due to the partial [ame="http://en.wikipedia.org/wiki/Command_economy"]command economy[/ame] imposed during the war. Free marketers believe that any such growth is illusory and must later be paid for in the form of a recession.
[edit] North America
The economy shrank by a considerably larger percentage than it did in the [ame="http://en.wikipedia.org/wiki/Great_Depression"]Great Depression[/ame]. However, the recession was very short lived. Factories soon retooled and adapted to producing consumer goods. The new factories began producing products such as [ame="http://en.wikipedia.org/wiki/Radio"]radios[/ame] and [ame="http://en.wikipedia.org/wiki/Automobile"]automobiles[/ame]. Women, who had entered the work force in large numbers during the war, mostly left the fields and factories, opening jobs for returning soldiers. The glut of labour also caused wages to fall dramatically. Some economists argue that this rapid decline restored economic equilibrium (source?), but it was only possible due to weak [ame="http://en.wikipedia.org/wiki/Labour_union"]unions[/ame] and little government protection of workers (source?). From 1922 until 1929, the North American economy showed consistent growth (source?).
In North America, the downturn was short-lived enough to have only limited social and political effects. It did almost certainly contribute to the American election in 1920 of the Republicans (source?) and a move by that nation towards political and economic [ame="http://en.wikipedia.org/wiki/Isolationism"]isolationism[/ame] (source?), which had no bearing in [ame="http://en.wikipedia.org/wiki/Australia"]Australia[/ame], [ame="http://en.wikipedia.org/wiki/Mexico"]Mexico[/ame] or the [ame="http://en.wikipedia.org/wiki/Caribbean"]West Indies[/ame] at that point.
End Wikipedia
I don't have a problem with social programs. However, I don't think the value of the dollar has shrunk so much in the last 6-8 mos. that our budget could be so out of line that we are looking at close to $2TR this year alone. And, don't forget, we just 'forgave' $8B to Chrysler. This isn't a good start for anything except inflation.
How many jobs have been created?
How many jobs were saved when the Chrysler loan was forgiven? How much heavy American industry that could be utilized in a time of war? How much is that worth?
I don't know how many jobs were saved. My guess is that as they reorg, there will be jobs lost nonetheless. I don't understand the next question. Could you please clarify?
Again, I don't have a problem with social programs. I have a problem with $2TR in budget spending with another $1TR promised overseas and $8B forgiven to a corporation faltering anyway; and, the $8B was 'given' to banks to lend, which will have to be shown on their books as a write off, placing them in a tenuous situation at best......perhaps curtail and further slow their lending capabilities?
There's an interesting film about that called Charlie Wilson's War, you might check that out as it's both entertaining and in some Reagen era official circles its agreed that it well represents some of our work in bringing down the Soviet Empire. It also hits on some of the reasons why Bin Laden was able to florish in post soviet invasion Afghanistan. (Hint, it had nothing to do with our funding and training of the freedom fighters during the invasion.)
There's a good article on the Reagan Doctrine on Wikipedia as well for some background.
Charlie Wilson's War - Wikipedia, the free encyclopedia
[ame="http://en.wikipedia.org/wiki/Reagan_Doctrine"]Reagan Doctrine - Wikipedia, the free encyclopedia[/ame]
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