Quote:
Originally Posted by u crank
Nixon resigned to escape impeachment.
During Reagan's eight years in office the national debt more than doubled, from $907 billion in 1980 to $2.6 trillion in 1988, and consumer prices rose by more than 50%.
Bush Jr. started two wars which have cost in the neighborhood of 3 to 4 trillion dollars.
And that's just from memory. I'm not saying that they were bad Presidents but those are the facts.
Careful, your slip is showing. Again.
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Nixon did resign to avoid the show trial by the Democrats and his enemies in the Republican party.Did some things he should not have done, the watergate mess as well as others(removed from gold standard, created the DEA, EPA) but overall was a good President.
Yes, but Reagan had a good reason, we were "fighting" the cold war, he spent money, rebuilt our military, made us stronger and accelerated the end of the cold war.Really, no coincidence Soviet Union collapsed not long after he left office.Instead of screwing around with them as every President had done since 45, he chose to "fight" them.This saved us in long run from spending trillions more over another 20 or 30 years or more screwing around, so occurring debt was is excusable if it helps in long run. Difference is, obama with his relatively short time in office, has accounted for close to or at 40% of the total US debt and we have nothing to show for it but that debt and weakness and he has no plans to stop, he will just spend, spend, spend.Economy is still weak, unemployment high. Don't go there, you have no argument.Reagan left office with a 64% approval rating and is remembered as one of the best by most for a reason, he was just that.
GW Bush was right to go into Afghanistan and it was going well, but he made a mistake going into Iraq, letting Cheney and other neocons lead him astray.However, the economy was fine under him until the end of his term, when many long term, institutional problems(housing bubble burst, caused by the government forcing lower lending standards long before bush was in office) , extreme deregulation that i believe Billy Boy Clinton implemented? , there things were set in motion long before he was President, he had the bad luck of them blowing up before he left office.The spending under Bush was obscene and fault him for that but overall for most of his term, the economy was fine.
Carter? I was not alive then lol but from what I have read, it was a disaster that got worse each day.
Obama? 5 years in, economy is still weak, unemployment high(real unemployment is probably around 14%), world sees us as weak thanks to his naive approach with Putin, constitution has been shredded repeatedly and he is not finished yet.Economy will probably blow up in next couple of years as obamacare causes more harm.Debt continues to explode, no signs of him changing course because he is too ignorant to do so.
I will say that overall Bill Clinton was a good President, he was fortunate to inherit a healthy economy(despite a minor recession that was over before he even took office) and after his liberal excess in first two years, he was rebuked in the mid terms, he changed course in policy to stay in office.Appeared not so radical as he actually is but hey, at least he could do that.