How Reagan Fixed Carter’s Mess

September/03/2012 16:31PM
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Jimmy Carter followed Obama’s plan to destroy the US economy in four years. He grew government, increased government spending, added regulations,  increased taxes, and initiated a timid foreign policy. Those of us who remember watched the rise of pessimism about the future of America.

Here’s the comparison. Only twice since WW II has unemployment gone over 10%. In 1982, under Carter, and in 2009, under Obama. In just over 4 years, the Reagan recovery added 7.8 million jobs. In just under 4 years,  Obama has lost 4 million jobs. Under Reagan, household income grew by $3,380; under Obama it has dropped by $4,000.. Under Reagan, people on food stamps dropped by 3 million. Under Obama that number has grown by  20 million.. Under Reagan, Medicaid grew by 535,000. Under Obama it has grown by 11 million.

How did Reagan turn it around. He just undid what Carter had done. He lowered taxes, reduced regulations, cut government spending(except military where he added a trillion dollars), and sent a foreign policy message that America was once again serious.

Based on this  comparison, can you even envision what four more years of Obama’s policies would do to this country?

Does it matter if Romney put his dog on the car or cut another kid’s hair in prep school? Does it matter that he’s rich or a few people were laid off at Bain? Or that he’s a little stiff?

All that matters is very,very clear. Romney will follow the Reagan road that fixed the Carter economy. Obama will continue the Carter/Obama path that destroys the economy. We only gave Carter 4 years to break everything. If we give Obama 8 years it may be broken beyond repair.

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