Overwhelmingly, respondents in the Allstate-National Journal Heartland poll said that Bill Clinton and Ronald Reagan were the best economic managers in the late 20th century. Bill takes gold by a hair:
Can someone tell me which of Bill Clinton's plans brought about such "robust" economic growth???
Clinton and Cuomo are the true bandits who lit the fuse to this economic crisis we're now in. All in the name of getting more minorities in houses: http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=12554
Slick Willie was coasting on the Gipper's fumes. Hillary's husband was too busy running for re-election throughout his first term, including selling military technology to China to worry much about the economy. Little Willy, part Deux was pure legacy building.
Well, [war's] got to do something for attention, his multiple personalities aren't speaking to him any more, and his imaginary friends keep finding excuses not to come over. (Murron)
Putting aside the fact that there was a recession in 1990 and a war in 1991, all of you Ditto Sphincts declared the era of Reagan over when Clinton got his budget passed in 1993.
He did a great job for those of us who owned "S" Corps...accounting rules were changed that allowed us quicker depreciation on equipment, and, IIRC, there was a tax credit for new hires.
Our tax liability in both 1993 and 1994, was much, much lower than it was in 1992. The republican Congress did something in 1995 or 96, I can't remember which, that undid one of the things that Clinton did in 1993. Regardless of the year, we sold that particular business in ;ate 1996.
Despite your liberal 'gravitas' talking points, Reagan's economic recovery lasted throughout the best efforts of three administrations to derail its effects by undoing Reagan's legislation that paved the way. Your boy, Barry Soetorro is doing his best to see to it there will never be a economic resurgence in this country ever again. That's what communism does, Lycra-spandex boy.
Well, [war's] got to do something for attention, his multiple personalities aren't speaking to him any more, and his imaginary friends keep finding excuses not to come over. (Murron)
No economy grows without correction. The fact remains the Reagan recovery from the failed policies of Nixon and Carter is the longest sustained growth in our history. You argue and hate this fact because it puts paid to your tree-hugging communism is the wave of the future worldview.
Well, [war's] got to do something for attention, his multiple personalities aren't speaking to him any more, and his imaginary friends keep finding excuses not to come over. (Murron)
The fact remains the Reagan recovery from the failed policies of Nixon and Carter is the longest sustained growth in our history.
It was all on borrowed money and the 1990 recession was caused because his policies bankrupted the Savings and Loan industry and nearly did the same to the banking system.
The problem is government itself. Like the accounting scandals of the early part of this decade and the banking crisis today, deregulation eased restrictions so much that S&L owners could lend themselves money.
True power rests with congress, not the occupant of the White House at any given moment. Who owned congress in the 80'? The Republicans are not blameless in the ensuing Clinton years or in curbing Bush's excess in the 2000's
Well, [war's] got to do something for attention, his multiple personalities aren't speaking to him any more, and his imaginary friends keep finding excuses not to come over. (Murron)
The problem is government itself. Like the accounting scandals of the early part of this decade and the banking crisis today, deregulation eased restrictions so much that S&L owners could lend themselves money.
Ummm - that isn't a problem with government itself.
Oh no! Here comes the scathing analysis of lucysmom! Had to call in the fellow trolls to swamp me with posts? Weak.
Well, [war's] got to do something for attention, his multiple personalities aren't speaking to him any more, and his imaginary friends keep finding excuses not to come over. (Murron)
Yes, Eric Sevareid, it is. When government starts deregulating something, its because it plans to loot. You as a supposed concerned citizen who looks past party loyalty to the good of the nation (ha ha) let this and accounting regulations be lessened. Because your own party was in power. That's all that matters to you, war, douche-bag Mike and Skippy. And the government knows that as long as they have drones who put party above country they can rob, loot and enslave the nation. You and your friends will stand by shouting 'change we can believe in!'
Well, [war's] got to do something for attention, his multiple personalities aren't speaking to him any more, and his imaginary friends keep finding excuses not to come over. (Murron)
"Wasn't there also some hanky panky going on with Reagan's administration and HUD?"
I wouldn't call it 'hanky panky', but if that cutesy label pleases you, go for it.
It was "Department of HUD Grant Rigging", and those involved were identified, charged, tried, and sentenced for their involvement (btw, Reagan was not among those charged). Justice was meted out, which is more than I can say for the Obama administration, which is yet to be exposed, charged, tried and convicted of their crimes.
1.James Watt, Reagan's Secretary of the Interior was indicted on 24 felony counts and pleaded guilty to a single misdemeanor. He was sentenced to five years probation, and ordered to pay a $5000 fine.
2.Phillip D. Winn - Assistant HUD Secretary. Pleaded guilty to one count of scheming to give illegal gratuities. pardoned by President Bill Clinton, Nov., 2000
3.Thomas Demery - Assistant HUD Secretary - pleaded guilty to steering HUD subsidies to politically connected donors. Found guilty of bribery and obstruction of justice
4.Deborah Gore Dean - executive assistant to Secretary Pierce - indicted on thirteen counts, three counts of conspiracy, one count of accepting an illegal gratuity, four counts of perjury, and five counts of concealing articles. She was convicted on twelve. She appealed and prevailed on several counts but the convictions for conspiracy remained.
5.Joseph A. Strauss, (R) Special Assistant to the Secretary of HUD, convicted for accepting payments to favor Puerto Rican land developers in receiving HUD funding.
6.Silvio D. DeBartolomeis convicted of perjury and bribery.
7.Catalina Vasquez Villalpando, the Treasurer of the United States from 1989 to 1993
Pierce, the Secretary, though the "central person" in the scandal, was not charged because he made "full and public written acceptance of responsibility."
Justice was meted out, which is more than I can say for the Obama administration, which is yet to be exposed, charged, tried and convicted of their crimes.
Thank you for the link.
The last chapter of the Obama administration hasn't been written yet - give it time.
From your link:
Department of Housing and Urban Development Secretary Samuel Pierce and his associates rigging low income housing bids to favor Republican contributors to Reagan's campaign as well as rewarding Republican lobbyists such as James G. Watt a former Secretary of the Interior. [11] Sixteen convictions were eventually handed down...
Sixteen convictions plus Pierce, the song bird - no wonder Reagan said Government was the problem.