Quote:
Originally Posted by swinginglory
Reagan cultist here. On election day 11/80 vs 11/88:
inflation:
11/80 = 12.65%
11/88 = 4.25%
unemployment:
11/80 = 7.5%
11/88 = 5.3%
30 yr mortgage rates:
11/80 = 15.47%
11/88 = 9.11%
[/THREAD]
Looks like old ronnie did a pretty good job!
Did any of you guys actually live through the late 70's and 80's? I'm guessing your statist "educators" left out a few salient factoids like these, eh?
Ever try to qualify for a mortgage with the rates >15% ? Facts are damn nasty things.
Yeah, Reagan spent a bunch of money to prop up the economy. Well done, I guess.
Just let me know when the current GOP starts approving Reagan's actual actions and policies instead of just the man.