Originally Posted by Ardy
Originally Posted by Ma_Republican
Try as I may, I just don't see the "massive problems" you tell us we have, 1979 was at least as bad a



During the crash of 2008, people rated it as the most severe economic crisis since the great depression... And, I have to say that my memory of the 1979 ere is that there was no concern that the entire world economic system would collapse. No big banks on the verge of failure, no imminent collapse of GM and Chrysler. No Failure of the worlds largest insurance company. And, importantly, we still had a manufacturing base... so that when demand did pick up, there would be jobs making products here in the USA.


But still, taking 1979 as a baseline for comparison with 2009 ....Here is the subsequent performance from 1979....

Quote
Unemployment
1979 5.9
1980 7.2
1981 7.6
1982 9.7
1983 9.6

GNP growth
1979 2.5
1980 -0.5
1981 1.8
1982 -2.2
1983 3.9
link

And your point is that this is so much more admirable than Obama has achieved in 18 months?

It just seems to me that people's expectations have shifted for Obama.... not to mention the rose colored glasses used to view past performances

NO! My point is that I am sick of people telling me what we cannot do. Tell me what can be done to slow or reverse the trend, but judt do keep telling me that all hope is lost.

1979 SUCKED! Jimmy Carter was the most demotivating person I can imagine. His fireside chats were the sponsored by Sominex and bottled by them to induce sleep. Reagan came into office and used the bully pulpit and turned public attitude around from we can't to we can almost overnight. He used every trick he could to do it, and got lucky along the way, but nothing will turn around until attitudes turn around.

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