For many years I’ve heard and believed that the Republicans are better at managing the economy than the Democrats. I believed it because people I spoke with believed it. As I grew more informed, I realized this was not the case at all. We need to expose this other big lie.
The GDP under Reagan was 3.6% vs 2.7% under Carter (Democrat). The inflation rate dropped under Reagan from Carter’s massive 13.5% to 4.1%. Inflation during Busch 41 Sr. continued at a low pace but a short but highly publicized recession took place with Clinton under the guidance of Dick Morris took full advantage. The economy rebounded when Clinton and New Gingrich (worked together on the Contract with America). Under Busch 43 the GDP continued to boom at 19%. The economy under Obama continued at a steady but slower pace. Under Trump the economy soared to a new 70 year record and inflation was nonexistent. At the end of Trump’s term the COVID hysteria adopted by the Democratic Congress and governors shut down a very prosperous economy and threw us into chaos.
Today under Biden we now have runaway inflation of over 8%, a massive national debt due to uncontrolled spending and now the Biden administration is depleting our strategic national oil reserves in desperation to try and salvage the upcoming election. I would hardly consider Democrats with the exception of Jack Kennedy to be good stewards of our economic health.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
(1) comment
The GDP under Reagan was 3.6% vs 2.7% under Carter (Democrat). The inflation rate dropped under Reagan from Carter’s massive 13.5% to 4.1%. Inflation during Busch 41 Sr. continued at a low pace but a short but highly publicized recession took place with Clinton under the guidance of Dick Morris took full advantage. The economy rebounded when Clinton and New Gingrich (worked together on the Contract with America). Under Busch 43 the GDP continued to boom at 19%. The economy under Obama continued at a steady but slower pace. Under Trump the economy soared to a new 70 year record and inflation was nonexistent. At the end of Trump’s term the COVID hysteria adopted by the Democratic Congress and governors shut down a very prosperous economy and threw us into chaos.
Today under Biden we now have runaway inflation of over 8%, a massive national debt due to uncontrolled spending and now the Biden administration is depleting our strategic national oil reserves in desperation to try and salvage the upcoming election. I would hardly consider Democrats with the exception of Jack Kennedy to be good stewards of our economic health.
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.