Liberal Forum

roadkill » 21 Oct 2017 3:14 pm » wrote: "The prime rate outstripped the Federal funds rate, reaching 20% in March 1980. Carter then enacted an austerity program by executive order, justifying these measures by observing that inflation had reached a "crisis stage"; both inflation and short-term interest rates reached 18 percent in February and March 1980."

Here's another little something clemtard gave me. Forgive me that it isn't just a couple of cherry picked data points from an entire administration - your preferred quality of evidence. I can only share what clemjob gave me, and sadly, it covers carter's ENTIRE performance - not just some cherry picked moments.



As you can see, the economy performed well above average for most of his presidency, then went into some trauma, briefly, toward the end (just as you noted, out of context, like a gay). Then, as you noted, HE TOOK CORRECTIVE MEASURES, and the economy climbed back up to average, where reagan maintained it for the next eight years.

Let's look at their respective jobs numbers, shall we?

Carter accomplished in four years the kind of jobs numbers it took nixon and ford EIGHT years to accomplish. Reagan only surpassed his numbers by 60%, though he had TWICE THE TIME to do it in. Observe: