Quote:
Originally Posted by Vendzilla
Under Reagan the unemployment rate peaked then when down, under Barry, it peaked and stayed there, kinda a big difference
But then you think that the cold war was coming to an end before Reagan took office, the warsaw pact didn't happen till 91.
Oh and I love that you go on and on on how Obama stopped the it from getting worse, something that can't be proved, remember he said without the stimulus the unemployment rate would go as high as 8%, when the last time it was that good?
|
Umm... That would mean Obama has hit his peak and is on his way down, and AGAIN, if you actually looked at the numbers you would see Reagan took a bit as well.
As I said, they are almost the same - IF - you would actually go look.
I don't think anything, historians are the ones that think this, I simply repeated what they said. You thinking one man ended it or even started the end, proves this point over and over and over again.
To continue on with the slaughter here.... Obama never said the rate wouldn't go above or below 8% (
proof) or anything related to what you said. You, are taking a talking point that is complete bullshit and repeating it as fact, because you've never looked it up.
What you're referring to is a "projection" in a report, not words... it comes from
this - which also says, many reports say it will go as high as 11% - and it also says this isn't an easy thing to predict thus expect errors.
You can
start here to learn more about the stimulus... that did work, that many economics show that worked that also say not parts worked, exactly what Obama said as well.
Again... you have no idea wtf Obama has done, or the results of what he has done, or truly... any factor outside of a talking point, educate yourself - stop being a sheep.