Comparing The Great Communicators: Reagan And Obama After Their First Year In Office
Frank Etch
High Point of 1st Year
Reagan: 68%
Obama: 68%
End of 1st Year
Reagan: 49%
Obama: 50% (as of 12/27)
Dow Jones Industrial Average
Beginning of Presidency
Reagan: 951
Obama: 7,949
Low of 1st Year
Reagan: 831
Obama: 6,547
End of 1st Year
Reagan: 875
Obama: 10,520 (as of 12/27)
Total DJIA Growth in 1st Year.
Reagan: - 76
Obama: + 2,571
While Reagan came in 2.8% less than Obama in Unemployment rate
increase during his first year(using November 2009 figures since
December #s are not in yet) the rate began to decline last month for
Obama, while unemployment continued to grow for Reagan all the way
through 1982 (peaking at 10.8).
What this likely means is that, while Reagan endured increasingly bad
economic conditions through 1982 (resulting in erosion of house and
Senate Seats for the GOP in the mid-term elections), Obama's pain has
largely already been endured.
If unemployment demonstrates to again have decreased in December for
Obama, the GOP's dreams of making big gains in the mid-terms are
toast.
This will be compounded by the growth in his poll numbers once health
care reform is finally signed into law (as the biggest erosion of
support has come from his own party out of frustration for a lack of
action).
The hysterical shrieking that can be heard on the right is due to
their own realization that this is likely going to be the case.
If "where's the birth cirtificate?" is all Repub's will have to run on
in November, they will be almost as dead as Sarah Palin's candidacy
will be in 2012.
Frank Etch
update, Obama at 51% approval as of 12/28
oz
Etch is a dumb shit that searched the land for
The Messiah Obama that he's longed for
But what gets in his way
Is that his brain is made of hay
Which is why he doesn't know what Obama stands for
Bret Cahill
As the Gipper would say, "stay the course!"
Bret Cahill
Frank Etch
update, Obama at 51% approval again as of 12/29. Looks like he's, not
surprisingly, on track to beat Reagan's first year approval ratings.
This has proven a crushing blow to proven Fraud and Disgrace "Col.
Bill Kilgore" and his fellow socks, who have gone on an unread posting
frenzy in response to the statement of these crushing facts.
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Frank Etch
> As the Gipper would say, "stay the course!"
>
> Bret Cahill
Yes, especially as even the most pessimistic of economists now have
unemployment being 9% at highest by the end of 2010(probably vastly
lower) which would be just under 2% less than what it was by the end
of Reagan's second year in office.
The recovery Reagan had to wait until his third year in office to
enjoy will likely arrive in time for the mid-term elections of Obama's
first term...as Sarah Palin Republicans will be left looking on
stupidly with their "where's the birth cirtificate" signs.
Oz's sign will be demanding a recount of the 2008 vote since he
believes Sarah Palin was actually elected President in that year.
Frank Etch
Funny how you always appear after mention of proven fraud and disgrace
Col. Bill Kilgore
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