Boom - Over 6 million lost insurance under Obamacare

more info :

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Reagan's Economic Formula vs. The Tea Party's

1. Reagan Spent Heavily To Create Public Sector Jobs. During the 1981 Reagan recession, the government increased spending 7.5 times more than the current recession, even though the current recession is more than twice as bad.

Increase in Government Spending During Recessions.

1981 = 15.8%
1990 = 0.4%
2001 = 10.2%
2007 = 2.1%

2. Even Though This Recession Is Much Worse Than Reagans.

Comparative Depth of Recessions: Employment Drop:

1981 = -3.1%
1990 = -1.3%
2001 = -2.0%
2007 = -6.3%

Comparative Depth of Recessions: Industrial Output Drop:

1981 = -2.7%
1990 = -1.3%
2001 = 0.3%
2007 = -5.1%

3. Public Sector Jobs Lost. Because government spending during the recession was so much lower than during the Reagan recession, we've lost public sector jobs even while private sector jobs grew.

Jobs created since the end of the recession:

Private Jobs: 8.8 million
Public Jobs: -846,000.

4. Reagan Created More Public Sector Jobs. When Reagan increased spending 7.5 times more in 1981, he saved millions of Public Sector Jobs and created even more:

Public Sector Jobs created under Reagan:

3.6 million.

Percent Increase in Public Sector jobs 31 months after the end of the Recession:

1981 = 3.4%
1990 = 2.9%
2001 = 1.3%
2007 = -3.1%

5. The Loss Of Public Jobs Slows The Recovery From A Recession. Reagan's economists understood that if you you are losing large numbers of public jobs even while the private sector is creating them, you unnecessarily slow recovery. That's why he spent so heavily.

6. Every President And Congress Increased Government Jobs. For the last 75 years, every President and every Congress has increase the number of public sector jobs

Truman = 8.8%
Eisenhower = 24.0%
Kennedy/Johnson = 41.3%
Nixon/Ford = 24.1%
Carter = 8.6%
Reagan = 8.3%
Bush-I = 6.4%
Clinton = 10.2%
Bush-II = 8.4%
Obama = -3.1%

7. If We Had Followed Reagan's Lead, Unemployment Would Be 4.3%. For every 1.5 million new jobs created, the Unemployment percentage drops about 1%. That means that if had followed Reagan's policy of spending heavily on public sector jobs, we'd have 3.6 million more public sector jobs. That translates into 2.4% lower unemployment or a current unemployment rate of 4.3%

http://www.epi.org/publication/public-sector-job-l...
http://www.epi.org/blog/ronald-reagan-recession-re...
http://www.minneapolisfed.org/publications_papers/...
http://research.stlouisfed.org/fred2/data/USGOVT.t...
http://www.bls.gov/webapps/legacy/cpsatab1.htm
 
Spike Trader said:
more info :

--------------------------------------------------------------------------------------------


Reagan's Economic Formula vs. The Tea Party's

1. Reagan Spent Heavily To Create Public Sector Jobs. During the 1981 Reagan recession, the government increased spending 7.5 times more than the current recession, even though the current recession is more than twice as bad.

Increase in Government Spending During Recessions.

1981 = 15.8%
1990 = 0.4%
2001 = 10.2%
2007 = 2.1%

2. Even Though This Recession Is Much Worse Than Reagans.

Comparative Depth of Recessions: Employment Drop:

1981 = -3.1%
1990 = -1.3%
2001 = -2.0%
2007 = -6.3%

Comparative Depth of Recessions: Industrial Output Drop:

1981 = -2.7%
1990 = -1.3%
2001 = 0.3%
2007 = -5.1%

3. Public Sector Jobs Lost. Because government spending during the recession was so much lower than during the Reagan recession, we've lost public sector jobs even while private sector jobs grew.

Jobs created since the end of the recession:

Private Jobs: 8.8 million
Public Jobs: -846,000.

4. Reagan Created More Public Sector Jobs. When Reagan increased spending 7.5 times more in 1981, he saved millions of Public Sector Jobs and created even more:

Public Sector Jobs created under Reagan:

3.6 million.

Percent Increase in Public Sector jobs 31 months after the end of the Recession:

1981 = 3.4%
1990 = 2.9%
2001 = 1.3%
2007 = -3.1%

5. The Loss Of Public Jobs Slows The Recovery From A Recession. Reagan's economists understood that if you you are losing large numbers of public jobs even while the private sector is creating them, you unnecessarily slow recovery. That's why he spent so heavily.

6. Every President And Congress Increased Government Jobs. For the last 75 years, every President and every Congress has increase the number of public sector jobs

Truman = 8.8%
Eisenhower = 24.0%
Kennedy/Johnson = 41.3%
Nixon/Ford = 24.1%
Carter = 8.6%
Reagan = 8.3%
Bush-I = 6.4%
Clinton = 10.2%
Bush-II = 8.4%
Obama = -3.1%

7. If We Had Followed Reagan's Lead, Unemployment Would Be 4.3%. For every 1.5 million new jobs created, the Unemployment percentage drops about 1%. That means that if had followed Reagan's policy of spending heavily on public sector jobs, we'd have 3.6 million more public sector jobs. That translates into 2.4% lower unemployment or a current unemployment rate of 4.3%

http://www.epi.org/publication/public-sector-job-l...
http://www.epi.org/blog/ronald-reagan-recession-re...
http://www.minneapolisfed.org/publications_papers/...
http://research.stlouisfed.org/fred2/data/USGOVT.t...
http://www.bls.gov/webapps/legacy/cpsatab1.htm
More...

2007? That's the year the study uses to trick people into believing there was hardly any spending?

LOL

shake head and ignore from now on
 
Spike Trader said:
more info :

--------------------------------------------------------------------------------------------


Reagan's Economic Formula vs. The Tea Party's

1. Reagan Spent Heavily To Create Public Sector Jobs. During the 1981 Reagan recession, the government increased spending 7.5 times more than the current recession, even though the current recession is more than twice as bad.

Increase in Government Spending During Recessions.

1981 = 15.8%
1990 = 0.4%
2001 = 10.2%
2007 = 2.1%

2. Even Though This Recession Is Much Worse Than Reagans.

Comparative Depth of Recessions: Employment Drop:

1981 = -3.1%
1990 = -1.3%
2001 = -2.0%
2007 = -6.3%

Comparative Depth of Recessions: Industrial Output Drop:

1981 = -2.7%
1990 = -1.3%
2001 = 0.3%
2007 = -5.1%

3. Public Sector Jobs Lost. Because government spending during the recession was so much lower than during the Reagan recession, we've lost public sector jobs even while private sector jobs grew.

Jobs created since the end of the recession:

Private Jobs: 8.8 million
Public Jobs: -846,000.

4. Reagan Created More Public Sector Jobs. When Reagan increased spending 7.5 times more in 1981, he saved millions of Public Sector Jobs and created even more:

Public Sector Jobs created under Reagan:

3.6 million.

Percent Increase in Public Sector jobs 31 months after the end of the Recession:

1981 = 3.4%
1990 = 2.9%
2001 = 1.3%
2007 = -3.1%

5. The Loss Of Public Jobs Slows The Recovery From A Recession. Reagan's economists understood that if you you are losing large numbers of public jobs even while the private sector is creating them, you unnecessarily slow recovery. That's why he spent so heavily.

6. Every President And Congress Increased Government Jobs. For the last 75 years, every President and every Congress has increase the number of public sector jobs

Truman = 8.8%
Eisenhower = 24.0%
Kennedy/Johnson = 41.3%
Nixon/Ford = 24.1%
Carter = 8.6%
Reagan = 8.3%
Bush-I = 6.4%
Clinton = 10.2%
Bush-II = 8.4%
Obama = -3.1%

7. If We Had Followed Reagan's Lead, Unemployment Would Be 4.3%. For every 1.5 million new jobs created, the Unemployment percentage drops about 1%. That means that if had followed Reagan's policy of spending heavily on public sector jobs, we'd have 3.6 million more public sector jobs. That translates into 2.4% lower unemployment or a current unemployment rate of 4.3%

http://www.epi.org/publication/public-sector-job-l...
http://www.epi.org/blog/ronald-reagan-recession-re...
http://www.minneapolisfed.org/publications_papers/...
http://research.stlouisfed.org/fred2/data/USGOVT.t...
http://www.bls.gov/webapps/legacy/cpsatab1.htm
More...

It's all there in the data, and yet so very different from the popular perception of the man.
 
where did this original article come from... I would like to read the whole story.
It makes us suspicious that some of the data was cut off at 2007.


Spike Trader said:
more info :

--------------------------------------------------------------------------------------------


Reagan's Economic Formula vs. The Tea Party's

1. Reagan Spent Heavily To Create Public Sector Jobs. During the 1981 Reagan recession, the government increased spending 7.5 times more than the current recession, even though the current recession is more than twice as bad.

Increase in Government Spending During Recessions.

1981 = 15.8%
1990 = 0.4%
2001 = 10.2%
2007 = 2.1%

2. Even Though This Recession Is Much Worse Than Reagans.

Comparative Depth of Recessions: Employment Drop:

1981 = -3.1%
1990 = -1.3%
2001 = -2.0%
2007 = -6.3%

Comparative Depth of Recessions: Industrial Output Drop:

1981 = -2.7%
1990 = -1.3%
2001 = 0.3%
2007 = -5.1%

3. Public Sector Jobs Lost. Because government spending during the recession was so much lower than during the Reagan recession, we've lost public sector jobs even while private sector jobs grew.

Jobs created since the end of the recession:

Private Jobs: 8.8 million
Public Jobs: -846,000.

4. Reagan Created More Public Sector Jobs. When Reagan increased spending 7.5 times more in 1981, he saved millions of Public Sector Jobs and created even more:

Public Sector Jobs created under Reagan:

3.6 million.

Percent Increase in Public Sector jobs 31 months after the end of the Recession:

1981 = 3.4%
1990 = 2.9%
2001 = 1.3%
2007 = -3.1%

5. The Loss Of Public Jobs Slows The Recovery From A Recession. Reagan's economists understood that if you you are losing large numbers of public jobs even while the private sector is creating them, you unnecessarily slow recovery. That's why he spent so heavily.

6. Every President And Congress Increased Government Jobs. For the last 75 years, every President and every Congress has increase the number of public sector jobs

Truman = 8.8%
Eisenhower = 24.0%
Kennedy/Johnson = 41.3%
Nixon/Ford = 24.1%
Carter = 8.6%
Reagan = 8.3%
Bush-I = 6.4%
Clinton = 10.2%
Bush-II = 8.4%
Obama = -3.1%

7. If We Had Followed Reagan's Lead, Unemployment Would Be 4.3%. For every 1.5 million new jobs created, the Unemployment percentage drops about 1%. That means that if had followed Reagan's policy of spending heavily on public sector jobs, we'd have 3.6 million more public sector jobs. That translates into 2.4% lower unemployment or a current unemployment rate of 4.3%

http://www.epi.org/publication/public-sector-job-l...
http://www.epi.org/blog/ronald-reagan-recession-re...
http://www.minneapolisfed.org/publications_papers/...
http://research.stlouisfed.org/fred2/data/USGOVT.t...
http://www.bls.gov/webapps/legacy/cpsatab1.htm
More...
 
The trillion dollar stimulus/bailout/slushfund was voted on at the end of 2008.

There's just becoming less and less reason to waste time looking at anything put forth.
 
fhl said:
The trillion dollar stimulus/bailout/slushfund was voted on at the end of 2008.

There's just becoming less and less reason to waste time looking at anything put forth.
More...
you gotta consider the source bud. i skipped right past this initially, but commend you on the good catch. 07 data bwahaha.. the sad thing is spike believes this BLATANT LIE.
 
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