On Sunday, April 26, 2015 at 11:04:53 AM UTC-4, Oliver Douglas wrote:
On 04/26/2015 10:14 AM, trader_4 wrote:
From stagflation to the longest peace time expansion in history
300K - 400K a month job creation
Unemployment cut in half
Inflation went from double digits, to cut in half
Long term interest rates, mortgage rates, cut in half
Short term interest rates, business borrowing rates, cut more than half
America's standing/respect in the world restored
America's military might restored and respected again
Soviet Union defeated and collapsing, without ever firing a shot
Largest nuclear arms deal in history, elimination of an entire
class of nukes, medium range missles, that substantially reduced
the nuclear arsenals. (And it was done on Reagan's terms, not Russia's)
So, now we wait for our fair minded Democrat friend to explain
what exactly was so bad......
http://en.wikipedia.org/wiki/Misery_...28economics%29
http://en.wikipedia.org/wiki/Misery_index_(economics)
Yes, you're right, under Reagan the misery index was cut
in half. Which was reflected in what I posted. I did forget
to add cutting taxes to the list. Funny, Philo is complaining
about taxes, yet he didn't like Reagan, who cut taxes for most
Americans. I guess you just can't please some folks.