a malcontent
rant�
03.08.2009
AP Willfully Ignores
the Fact that Reagan Fixed Carter's Broken Economy
By
tha malcontent
ap/afp
Editor in Chief
Mar 8,
03:55 AM MST
http://www.msnbc.msn.com/id/29582828/
AP: "It wasn't the Great Depression. It
was the 1981-82 recession, widely considered America's worst since the
depression.
That painful time during Ronald Reagan's presidency is a grim marker of how bad
things can get. Yet the current recession could slice deeper into the U.S.
economy."
(ap) - It's been obvious for a very
long time that the AP is batting for the DemocRATS, and were all but the
Propaganda Wing of the Barry Campaign last year, so I will do what the AP
refuses to... School you on some history in context.
Unemployment began growing in mid 1979 under Jimmy Carter, while the American
people were subject to the worst "Misery Index" in this REPUBLIC's history.
The Misery Index peaked at it's ALL TIME HIGH under Jimmy Carter @ 21.98%, but
you'd think by the "Free Presses" avoidance of even mentioning Carter's name,
that the worst times in History have been Hoover and Reagan's... Conveniently
both REPUBLICans.
Ignore the nearly 20% Unemployment rate under FDR 6 years into his Presidency,
and almost 10 years after the 1929 crash, but I digress.
The Recession "officially" started shortly after Carter left office, but no
honest person would deny that it was in the making years prior to it's official
call.
Unemployment went from 5.6% in May of 1979 to 7.5% in January of 1981, Jimmy
Carter's final month in office.
That was a 2% increase in a year and a half, and it continued to grow into
Reagan's first term another 3% before Reagan turned it around, yet the AP Fails
to mention Jimmy Carter's "Miserable" years, or the Fact that Reagan's policies,
if any of this can be attributed to a President, saw a lowered unemployment
rate, and inflation rate.
Unemployment went from it's high of 10.8 in November of 1982, consistently down
to a LOW of 5.2% when he left office in 1989. It had dropped over 3 1/2% from
it's peak in 1982 to the re-election of Reagan in 1984.
Another rarely observed Fact about the Carter years was that he was handed a
decreasing unemployment rate.
The unemployment rate peaked in May of 1975 under Ford at 9%... By the time
Carter took the Oath of Office, the unemployment rate had shrunk to 7.5% and
continued the trend downward for 2 years until Carter's policies had time to
stop the improvement he inherited.
If we were Serious about reversing the effects of this Recession, we'd look to
what Reagan did to fix the problem he was handed, not try and attribute that
Recession to him for obviously politically motivated reasons, as the AP is so
clearly doing.
If the AP, and it's Candidate/Messiah, wanted to be open about a Solution today,
they would look to the things that assisted this Nation out of that Recession,
instead of trying to compare only the negative aspects of it, continuing the
negativity that is pushing this Recession even deeper.
I have to be Honest, I am surprised that the "Free Press" and the DemocRATS are
continuing this obsessive negativity. I didn't think it would last this long
into 3/3 control by the DemocRATS.
The American people are only going to be told to blame Bush for this for so
long... At some point in time, they will tire of the increasing unemployment and
bad economy and hold those in Power responsible.
And if one of Barry's goals continues to be artificially increasing energy
prices, then 2010 is looking more and more like 1994 regarding a "Change" in
Power the closer it gets, and 2012 is suddenly looking like 1980 for the
DemocRATS.
Damn, and just when the DemocRATS were talking about reversing the 22nd
Amendment.
~ Have an Opinion?... Then e-mail me @ malcontent@associalistpress.com
and Sound off like ya got a Pair!
peace,
tha malcontent
(All commentary included on this website is the opinion of tha malcontent and is
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tha malcontent)
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tha malcontent... The Original
Gangster of the Pajamahidin
The
ap�
&
The
afp�
- the
Liberty
Project�
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'Si
vis pacem
Para Bellum'
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