The economic boom occurred during Reagan's presidency which continues to this day.
2006-09-08 20:33:07 · 11 answers · asked by Ned B 1 in Politics & Government ➔ Politics
Yeah money was a factor in the 80s after Jimmy Carter's recession and 20% interest rates. he should of stuck to peanuts.
2006-09-08 20:43:34 · update #1
Andrew my wages have increased over the last 6 years and i own stock now and life is good. I suppose you could be correct, but not in my case-and I am not in the top 5%.
2006-09-08 20:47:05 · update #2
Andrew Bush Sr had a recession following the gulf war which motivated George Sr, to lower interest rates ect. In the '92 debate Ross Perot stated if we leave everything alone the budget would balnace by 2001 (it actually did by 1998). Clinton gets all the credit though.
2006-09-08 20:50:40 · update #3
Jimmy Carter is undoubtedly the worst president in the past hundred years. He may be a good person but as a leader he was awful. This is more obvious by the election results from 1980. Reagan won 49 out of 50 states. When has America ever agreed so completely?
2006-09-08 20:39:28 · answer #1 · answered by Jon H 5 · 0⤊ 0⤋
You answered your own question, people think that Jimmy Carter was a silly buffoon who nearly destroyed the US economy, he was more than that I believe his ineffectiveness created the Middle East situation we are in now. I could go on about Carters failures but I have limited time. He now occupies his time bolstering the communist dictatorship in oil rich Venezuela and criticizing the US to grab a Nobel prize.
I am surprised that a Democrat ever won again, Bill Clinton's had a heck of a mountain to climb to refute Jimmy. You never saw him during the campaigns, Jimmy's antics were a pain to Clinton as much as any Republican
2006-09-08 21:45:02 · answer #2 · answered by Anonymous · 0⤊ 0⤋
There was no economic boom. In fact, there was a brief recession in the middle of Reagon's presidency. Another one killed Bush Sr's political career four years early. There was the big one for W's presidency that was exasperrated by 9/11. Reagonomics is fancy way of saying let the rich get richer and that will stimulate our economy which is BS. We live in a service economy. That means that regular everyday joe's are the ones who actually drive our economy forward.
BTW, latest numbers say the economy is growing modestly, not great but fair. Productivity is up. Household income is up, but wages are down for everyone, but the top five percent of the income brackets. That means that normal people are either working more or tapping into the their investment incomes to make up their lost wages. Which part of this equation do you fall into.
2006-09-08 20:42:48 · answer #3 · answered by Atheist81 2 · 0⤊ 1⤋
Jimmy Carter is the most naive person on earth. I loved it when he went and met Kim Jong Il and basically hailed him as a loving person accepting of Christianity!
"..concede the regime seems to have kept its promises so far regarding nuclear weapons and missile tests"
"He was vigorous, alert, intelligent, and remarkably familiar with the issues"
"..he was very friendly toward Christianity"
-- Jimmy Carter on Kim Jong, leader of North Korea before the crisis was exposed
Jimmy Carter loves crow!
2006-09-09 04:53:59 · answer #4 · answered by John Skerry II 2 · 0⤊ 1⤋
Stagflation does not help an incumbent president. (high unemployment and high inflation = stagnant economy).
Carter's failure to support our Iranian ally Shah Reza Pahlavi give us the Iran situation we enjoy today. And his meddling gave North Korea and nutfudge Kim Jong Ill the bomb. Gotta hand it to the guy. He has a knack.
2006-09-08 22:04:24 · answer #5 · answered by Mad Roy 6 · 0⤊ 0⤋
not only carter but Clinton as well. I still want answers to the mark rich pardon. but as they say birds of a feather flock together
2006-09-09 05:14:32 · answer #6 · answered by Work In Progress 3 · 0⤊ 0⤋
yes, and carter is also the reason in the rise of terrorism. I don't see why anybody can be a damnocrat after what that idiot did to our country. He is a sissy who would rather "talk" than take care of business. Thank God he is done!!!!!!!!!
2006-09-09 00:44:20 · answer #7 · answered by Anonymous · 0⤊ 0⤋
the different Presidents have some classification and flavor...i might wager the different presidents pulled the old..."hiya Jimmy...what's that over there"...and whilst he regarded over, they stepped away actual promptly.
2016-10-14 12:08:30 · answer #8 · answered by bridgman 4 · 0⤊ 0⤋
No, I don't think it had anything to do with that. I think Americans had a change in values. Money became much more of a focus in the eighties.
2006-09-08 20:41:18 · answer #9 · answered by starrynight1 7 · 1⤊ 0⤋
I'm thinking that no much a failure, just the lack of democratic leaders to step up.
2006-09-08 20:39:18 · answer #10 · answered by myothernewname 6 · 1⤊ 0⤋