As Ramirez describes, the comparison is "utter nonsense" because,
Obama believes government is the solution. He supports a hyper-regulated, crony socialism, distibution of wealth, anti-business Keynesian disaster. Reagan cut taxes across the board by 25%. The Economic Recovery Tax Act that Reagan signed into law in 1981 was the engine for economic growth for over two decades. The Obama Eonomic Stimulus Plan spent over a TRILLION dollars and got very little in return for the investment. In September of last year, President Obama proposed another government based jobs plan. In the same time period during Reagan's first term, Reagan's economy was roaring back to life and created 1.1 million jobs in September alone, the biggest one-month job gain since the BLS began tracking employment statistics in 1939. Even though the Obama recovery began just five months after he took office, his policies have created the slowest economic recovery since the Great depression.
No comments:
Post a Comment