Damn Carter gets the haters mad!

Reagan fan

Yeah people had money back then

It was awful

Is there a way to check how many posts you have in a forum? I'm pretty sure I haven't hit 100 yet either, but I don't know for sure.

A better question is are the votes the other ways Carter fans or Regan haters? I would guess that there probably aren't a lot of Carter fans outside of his immediate family.

and it wasn't too long for the impressive consequence to hit either. When I say not too long, meaning in recent history. The debt racked up from Ronnies buying spree sure made for an eventfull 2007.

So this bubble:



was caused by the guy who left office in 1989?

Would like to know this as well

I was on a Flight out of GA with Carter once and he shook everyone on the planes hand...... took foreva, if i could vote i would vote Ronny just for that delay

the spin can be made to show anything you want. The underlying explosive problem was that of credit, and then the use of credit to pay off credit. Arsenio Hall back in his talk show days had a section of the audience he referred to each night. Once it was Those are the people that paid off their AMEX with their VISA card.

Its the same crap RMoney is spewing about his platform to save the economy, as if the housing industry should just return to skyrocketting appraisals so that sellers can get out. Its called a pyramid scheme for a reason, once the saturation point hits, there aren't enough players to maintain a static position. then the fall.

I like Jimmah. Nice guy imo.

Agreed that the problem was credit. How can Reagan be blamed for that? People who bought homes in 1988 weren't the cause of the housing bubble.

The problem is to identify the entire problem with homes. They went from where you lived to an investment item. The former is a depreciable commodity while the latter is meant to appreciate. Very hard to correlate the two.

The roaring 80's were primed by an expense account, that never got paid off. So all those who became adults in the 80's (I was one of them) saw an acceleration of instant gratification. While parents started small, in modest surroundings, the 20somethings followed the government lead in accumulate accumulate accumulate.

It was the need to exit that catalyzed the steep part of the curve. And as in all good bubbles, those that got out early were the cause and benefactors of the collapse.

If Reagan had of not set the protocol of free money supported by always expanded credit limits, the false heights are not achieved. That was the culture established in the 80's that took a generation to reach implosion status. And its currently still ensconced pretty hard. Look at all the people calling for a one or two year return to the heights of the economy. Even a slightly educated person knows it takes years to build a company and days to destroy it. Once destroyed the odds to rebuild are 1:100, and the timeframe is far longer than a year or 2.

Ronnie Reagan, the king of the free pony

Remember when Clinton went on the Arsinio Hall show? So great.

f it im voting

im hoping i had posts on the old server

You have the highest post count on this site. They can make an exception!

Due to the shutdown, I'll give people 48 hours more to vote.

Lol

The poll is closed.

If the poll was open, I wouldn't make that post, DUCY?

Vote by post.

carter was the worst president in my lifetime. how anybody could actually vote for that guy
is beyond me.

regan in as big a landslide as it gets.

Reagans deficit spending was horrible, but LOL Carter.

love some jimmy carter but we never even voted, but slum is still slum so you best believe we told it

Reagan, I suppose?

Not really thrilled about either of these choices, tbh.

Carter fo sho

I cannot believe this is close

I guess liberals must really hate Reagan

Carter might be the worst president ever

double digit inflation and unemployment at the same time

good stuff

Yes.

No.

It's important to distinguish between the things that happened during his administration and the things he was directly responsible for.