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 Posted: Sat Feb 12, 2011 12:51 am Post subject: Reagan at NYSE |
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PeakTrader said...
Can anyone imagine Obama at the NYSE?:
President Reagan—amid a roaring ovation—addressed the Exchange community from the bell podium...“We’re bullish on the American Economy. The American Economy is like a race horse that’s begun to gallop in front of the field.” Aiming to drive “the bears back into hibernation,” he said, “that’s our economic program for the next four years—we’re going to turn the bull loose.”
Palin received a lot of criticism just for using the phrase "drill, baby, drill."
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David Gallion said...
"During his eight years in office, Reagan increased federal spending by 53 percent, added a quarter of a million new civilian government employees, escalated the War on Drugs, created the "drug czar's office," and lowered the value of your 1980 dollar to 73 cents."
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PeakTrader said...
David, what about the steep rises in U.S. living standards, the greatest period of economic prosperity in history from 1982-07 (with only two mild recessions), the U.S. leading the rest of the world combined in the Information and Biotech revolutions (in both revenues and profits), winning the Cold War, more countries becoming democracies, etc. |
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