SIDE NOTE: Jimmy Carter was a nice guy, sure, but he made the economy and life here in America as hard as it could be. With high interest rates, hostage crisis, (which he took no action to) high unemployment, high amounts of inflation, downsized military, etc. The only good thing he did was create a peace treaty between Israel and Egypt. But the inflation and the horrible interest rates ran the country into the ground most of all. We were all screwed after he got into office, and when he lost his job as president and Reagan came into office, things started to look a whole lot brighter.
Reagan made this country on shining star after Jimmy Carter got out of office. Interest rates went down significantly, with tax breaks for everyone, inflation dropping out of site, and wouldn’t you know it, but the hostage situation was resolved after the terrorists released the hostages the day of his inauguration. You see, Reagan doesn’t take anything like that from anyone, and for sure he would have gone there within the week to get them. He resized the military back its former glory, and unemployment dropped to a minimum. Not to mention the economy rose by a third, and it was the greatest peace-time prosperity that the country had seen in a long time, which is why they call the time the “Reagan Era.”
Not to mention that small incident with Castro in Cuba, where the psycho terrorized Africa, Grenada, and Central America from Cuba. Carter didn’t give heads or tails about it, thinking if he was nice to Castro, Castro would be nice back. Didn’t happen. Reagan decided he could explore a diplomatic solution and met with the man himself in Mexico City, along with the Vice Prez. Castro didn’t even budge. So, Reagan said, “Suit yourself” and then within the year, Castro’s troops were stomped and booted out of Grenada and Africa. And so, the embargo on Cuba was placed, and it was mainly because Castro stole, (that’s STOLE, as in THEFT) 1.8 billion dollars from America, so we just cut him off. So, now he’s stiffing Russia for 50 billion, Europe for 4 billion, and all of its unioners. America is the only one who didn’t get stiffed by a madman because Reagan was holding the job steady.
If Carter was such a “great” and “prosperous” president, then why did Reagan win by a MASSIVE landslide, with a 489-49 electoral vote and 45 states to Carter’s 5. Sound coincidental? No. Carter just sucked. Reagan was left to clean up Carter’s mess and did an outstanding job. While raising national debt to fix up a torn and ravaged economy and paying for domestic programs to get the poor back on their feet, it goes to show that a Socialist would see this man proud, seeing as how HE cared for the lower income portion of America, that Carter to heartily oppressed. A criticism of Reagan's policies is that they created a situation in which the rich got richer while the poor got poorer. However, a 1990 Bureau of the Census study revealed that all income groups realized gains from 1980 to 1989. Average real income rose by 15%. Average household income for the lowest fifth was $6,836 in 1980 and $7,372 in 1989. The gains of those in the upper levels were greater, however -- in 1980 the average household income for the highest fifth was $73,752, and that rose to $90,150 in 1989. A Treasury Department study showed that there was great mobility within the levels, with 86 percent of those who were in the lowest fifth in 1979 moving into higher income categories by 1989. In fact, more people moved up than down in every income group except the top 1% -- in that group, 53% went down. The poverty rate did, however, rise from 11.7% in 1979 to 13.5% in 1990, according to Business Week. Provocateurs like Mitch Snyder used grossly exaggerated and misleading numbers to claim that an epidemic of homelessness reflected the government's callous attitude toward the less fortunate. (Snyder claimed there were 2-3 million homeless when, in fact, as a thorough study by HUD indicated, there were but 250,000 to 350,000; in 1989 Snyder admitted his figures were bogus.)
A little something I wrote a bit ago.