The Mudcat Café TM
Thread #132588   Message #3007008
Posted By: Sawzaw
14-Oct-10 - 02:33 PM
Thread Name: BS: Tea Party = Flawed Economic Model
Subject: RE: BS: Tea Party = Flawed Economic Model
Reagan inherited the mess that Carter created out of thin air. The hangover from the Carter administration.

Carters approval rating was the lowest of any prez except Trueman.

Anyway it is a pendulum swing. Bad times lead to good times that lead to bad times.

Now these folks that got nowhere during the Reagan administration, did they start and end in the same percentile? Did some of them move up and were replaced by others just starting out working? did this possibly happen in all percentiles including the top?

Is that figured into the big bad proof of everything indexed stats?

I know as I proceeded through life, my income rose faster than inflation.