I did not duplicate any news items; each of the cuts in the graphic below represents a different event. When I googled “Obama blames”, I got multiple hits on each time he blamed somebody. I only used one per. And I only got through the first 14 pages on the Google search results before I ran out of room. The hits themselves went on and on and on.
Americans who seriously care need to look beyond tired old Democrat slogans and learn how the economy actually works. Otherwise, we’re headed into another Great Depression.
Below: Cato Institute report on the real impact of Reaganomics. Cato is a Libertarian organization; they are NOT apologists for either party.
October 22, 1996 – By William A. Niskanen, Stephen Moore, Fiscal Policy Studies, Cato Institute
Summary
This study assesses the Reagan supply-side policies by comparing the nation’s economic performance in the Reagan years (1981-89) with its performance in the immediately preceding Ford-Carter years(1974-81) and in the Bush-Clinton years that followed (1989-95).
On 8 of the 10 key economic variables examined, the American economy performed better during the Reagan years than during the pre- and post-Reagan years.
This study also exposes 12 fables of Reaganomics, such as that the rich got richer and the poor got poorer, the Reagan tax cuts caused the deficit to explode, and Bill Clinton’s economic record has been better than Reagan’s.
I woke up at 1:00 AM and rushed to my computer to check the results of yesterday’s recall elections.It was gratifying to see that republicans held four of six senate seats,given the unions pumped over thirty million dollars into the races while the establishment GOP did next to nothing.It was left to tea partiers and ordinary people to defeat the massed socialist thugs.There are two democrat flee-baggers up for a recall next week.I don’t know any of the particulars,but I think they might be getting nervous.The reported turnout was higher than expected,considering it was a special election.This tells me that normally complacent citizens are getting engaged in the process.This is a good thing.
Despite the BS CNN polls they throw in our faces claiming both sides are to blame for the country’s woes,people are seeing the Kenyan for what we all knew he was all along.They would never say it publically,but a lot of dems are hearing an ominous rumble that’s only going to get louder with the passing months.There are better days coming.I can feel it.
The market soared after the fed announced this.They claimed they would not raise interest rates until at least mid-2013.What I took that to mean was a signal the feds would keep printing money to prop up the market and buy toxic assets until after next year’s election.
