17 Feb 2014 11:09 pm
It's really common sense Cannon. Here are the numbers.Cannonpointer » 16 Feb 2014 1:00 pm » wrote:
There's a remedy for that sideswipe to the OP. Present alternative numbers or an alternative explanation for those numbers. Just remember to incorporate Post # 4 in your critique, since it goes on to break down raw debt vs. debt to GDP ratio - reagan loses either way, of course - but the second way accounts for reagan's failure to keep the dollar sound (inflation).
The numbers speak against the conservative MSM narrative. I have clearly demonstrated that. If you can save the narrative, then by all means, do get busy. Hold your end, son.
http://useconomy.about.com/od/GDP-by-Ye ... istory.htm
http://www.multpl.com/inflation/table
Under the usual economic calculations, inflation is included in GDP. If prices go up then the value of what we produce goes up, even if nothing additional is produced. There wasn't a single year during Carter's administration where inflation didn't outpace growth. This is why Reagan is remembered more fondly than the the Peanut Farmer. People's account balances grew faster than the **** they were were buying.