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Strategist says

Carter also screwed up the economy with stagflation

Wtf ?

Nixon actually tried to freeze wages and prices. Ford coined the term Whip inflation now. THe problem was deep and was not caused in any way by Carter.

Carter appointed Volker who solved the problem, but not without causing a recession first, which started while Carter was still President - it may have been the reason he lost to Reagan.

marcus says

Quigley says

Remember that more white people voted for Obama than every other ethnic group put together.

This has nothing to do with the number of racist assholes that always hated that uppity negro for having the audacity to become President while being black. We're talking people that would have voted against him just for being a democrat. But being a black democrat made it so much worse for them when he won.

All those assholes voting against Obama just for being Black, and he still wins. Wow. Seems to me, we are not a racist country anymore.
If you think 100% of the population must have no prejudice, you are in the wrong place. This is Earth, not Heaven.

Strategist says

Jimmy Carter laid the foundations for war and destabilizing the Middle East by not supporting the Shah of Iran, and allowing that barbarian Khomeini to come to power. Nothing good has happened in the Mid East since. Sometimes, doing nothing is the worst thing you can do.

You don't know very much about history do you?

Strategist says

Carter also screwed up the economy with stagflation. Reagan fixed it once and for all.

More nonsense. The fed's policies starting the the i1960's and opec oil crises caused stagflation. Volker, appointed by Carter, got it under control starting in 1979.

marcus says

Strategist says

Carter also screwed up the economy with stagflation

Wtf ?

Nixon actually tried to freeze wages and prices. Ford coined the term Whip inflation now. THe problem was deep and was not caused in any way by Carter.

Carter appointed Volker who solved the problem, but not without causing a recession first, which started while Carter was still President - it may have been the reason he lost to Reagan.

Carter did not solve the problem. Reagan solved the problem once and for all. It was well after Reagan's election that the policy to take the bitter economic medicine came into force. Interest rates were raised sky high to squeeze out inflation once and for all, so as to allow healthy growth for the economy. It worked.

bob2356 says

Strategist says

Jimmy Carter laid the foundations for war and destabilizing the Middle East by not supporting the Shah of Iran, and allowing that barbarian Khomeini to come to power. Nothing good has happened in the Mid East since. Sometimes, doing nothing is the worst thing you can do.

You don't know very much about history do you?

No elaboration? Come on Bob, not even BS?


bob2356 says

Strategist says

Carter also screwed up the economy with stagflation. Reagan fixed it once and for all.

More nonsense. The fed's policies starting the the i1960's and opec oil crises caused stagflation. Volker, appointed by Carter, got it under control starting in 1979.

Oh really? The only credit you and Marcus give Carter is appointing Volcker. LOL. You guys think it was that simple? What did Volcker do in 1979 that set the trend for a better economy? Raising interest rates to squeeze out inflation was the key. A very bitter pill that Reagan was willing to take. The bitter pill of very high interest rates was taken well after Reagan was President.
Reagan also defeated the evil Soviet Empire without firing a shot. Wow, what a guy. Think Carter would have been able to do that? No one in East Germany, Poland, Czech Republic, Slovenia, Latvia, Ukraine thanks Carter. They all thank Reagan.

Strategist says

Carter did not solve the problem. Reagan solved the problem once and for all. It was well after Reagan's election that the policy to take the bitter economic medicine came into force. Interest rates were raised sky high to squeeze out inflation once and for all, so as to allow healthy growth for the economy. It worked.

Strategist says

Oh really? The only credit you and Marcus give Carter is appointing Volcker. LOL. You guys think it was that simple? What did Volcker do in 1979 that set the trend for a better economy? Raising interest rates to squeeze out inflation was the key. A very bitter pill that Reagan was willing to take. The bitter pill of very high interest rates was taken well after Reagan was President.

Nice job with total straw men and misdirection. Seriously, nothing like totally reframing the argument. You said
Strategist says

Carter also screwed up the economy with stagflation.

Remember that? Since the inflation rate was 15% with almost zero growth as early as 1974 and hit 19% at the peak after opec quadrupled oil prices how exactly did Carter cause stagflation? You do remember he was elected in 1976 right? Volker raised the interest rate to 20%, the highest, March 1980. You do remember Reagan wasn't inaugurated until Jan 1981 right? Volker dropped the interest rates in early May 1981 3 months after Reagan took office. Want to talk about Reagan's bitter pill well after taking office still? What is your definition of well after? Absurd. Nixon dropping the gold standard, 15 years of bad fed policy, and oil price shock caused stagflation. All happened before carter took office.

I lived through it. Try again with real history this time.

Strategist says

Reagan also defeated the evil Soviet Empire without firing a shot. Wow, what a guy.

He hastened the fall of the soviet empire which was bankrupt and would have fallen no matter what. Read The Rebellion of Ronald Reagan: A History of the End of the Cold War by James Mann and/or The Cold War: A New History by John Lewis Gaddis. By standing up to the hard core conservatives to embrace glasnost Reagan cut anywhere from 2 to 10 years off of the fall. He didn't defeat anything.

Carter deregulation made a hell of a lot more financial impact in America. There was no end of the cold war bonus. We simply took cold war spending and turned it into military adventurism that has been a disaster.

Strategist says

All those assholes voting against Obama just for being Black, and he still wins.

The OP of this thread is implying that if 33% of the population thinks Obama is the worst President since WWII, that it means something more than that 33% of Americans really hated (and still hate) Obama, for some reason. IT couldn't be that their messiah hates Obama and is undoing every bit of Obama legacy he can. And it couldn't be the Brietbart, Fox News and talk radio affect. No, no, it's the thought out reasoned opinions of the most intelligent and politically neutral portion of the population. LOL.

Keep in mind, something like 40% of the American population doesn't believe in evolution. There is a lot of money spent on influencing the opinions of most of those folks, and other "like minded" folks. .

Strategist says

bob2356 says

Strategist says

Jimmy Carter laid the foundations for war and destabilizing the Middle East by not supporting the Shah of Iran, and allowing that barbarian Khomeini to come to power. Nothing good has happened in the Mid East since. Sometimes, doing nothing is the worst thing you can do.

You don't know very much about history do you?

No elaboration? Come on Bob, not even BS?

The Shah was a throughly despised autocratic despot dying of cancer who barely made it out of Iran without being killed by his own people. What would your grand strategy have been to keep him in power the last year of his life?

If dullus hadn't been on a nation building kick interfering in governments around the world the shah wouldn't have been in power in the first place and there would have been no revolution. Using your "logic" Eisenhower was responsible for the revolution and allowing the barbarian Khomeini to come to power.

Strategist says

Interest rates were raised sky high to squeeze out inflation once and for all, so as to allow healthy growth for the economy. It worked.

Yes. And Volker was appointed by Carter.

What you think Volkers plan wasn't initiated before Reagan was President ? OR you think that it was Reagan's doing ? Nobody is that uninformed about what really happened (well except maybe one guy posting below).

Strategist says

Raising interest rates to squeeze out inflation was the key. A very bitter pill that Reagan was willing to take.

IT was a process. Prime rate doesn't go from 10% to 21% all at once.

Still, it doesn't happen without Volker, appointed by Carter, and the pain, the recession kicked in big time in 1979

One year bonds went from 5% to 10% between 1975 and 1979. That was the feds doing in reaction to forces that had built for a long time. DO you really think any President is going to look good in that environment ? Even without "DAY 167 OF THE HOSTAGE CRISIS !!" on the news every night ?

THe peak happened very shortly after Reagan became President, leaving him with a wonderful environment of falling interest rates most of the rest of his Presidency. Any monkey, even BOnzo is going to look fantastic in that economic environment.

The one year bond hits 16% two months after REagan was innaugurated. Gosh, I sure am glad Reagan engineered that (sarcasm)



http://www.businessinsider.com/every-interest-rate-cycle-since-1970s-2015-12#late-july-1974-to-early-june-1975-3

Carter was also pretty clueless.

Ike and Reagan were great men.