Why Obama can't match the Reagan recovery
May 4th, 2012
01:15 PM ET
2 years ago

Why Obama can't match the Reagan recovery

New York (CNNMoney) - April's jobs report was, in a word, disappointing. The economy added only 115,000 jobs. Hiring slowed. More than 340,000 workers dropped out of the labor force.

April's report, which follows lackluster numbers for March, is particularly bad news for President Obama's campaign staff in Chicago.

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Filed under: President Obama • Ronald Reagan
soundoff (61 Responses)
  1. Anonymous

    Unemployment was 7.5% when Reagan was re-elected. Nothing great.

    May 4, 2012 01:16 pm at 1:16 pm |
  2. Fair is Fair

    Is this a trick question?

    IT'S BECAUSE OBAMA IS AN ECONOMIC SIMPLETON.

    That was easy.

    May 4, 2012 01:23 pm at 1:23 pm |
  3. Sandy

    An no mentioned of Reagan raising taxes!

    May 4, 2012 01:33 pm at 1:33 pm |
  4. mcskadittle

    Its because ronnie got some support from congress.

    May 4, 2012 01:34 pm at 1:34 pm |
  5. OBAMAROCKS

    It's NOT that he can't match it...it's they WON'T allow him to exceed it! ~Let's be honest, there are a lot of white men in Congress that is terrified of the "black man" outdoing them! So what they do, obstruct! Everything that Pres. Obama does, they either knock it down or criticize it. This is JEALOUSY at its best! ...That's okay Mr.President, we are gonna vote you back in, in spite of the GOP/TP, and give you a Congress that you can work with! ~GOD BLESS!

    May 4, 2012 01:35 pm at 1:35 pm |
  6. vic , nashville ,tn

    Big differences
    Reagan took the white house from democrats (they don’t make mess) Obama took from republicans( always make big mess)
    That time congress democrats now republicans ( do nothing)

    May 4, 2012 01:38 pm at 1:38 pm |
  7. gg

    10 million jobs were created in america under jimmy carter.you could walk into any store in america and buy anything from cloths to tv sets, cars ,washing machines,and the lable would say MADE IN AMERICA. now too fined MADE IN AMERICA, YOU HAVE TO GO TO A MUSEUM. maybe the republicans should ask reagan, bush one ,clinton and bush two where the jobs are

    May 4, 2012 01:40 pm at 1:40 pm |
  8. Democrat Class Warfare - Destroying the economy, destroying the country

    Why Obama can't match the Reagan recovery
    ====================================
    Oh seriously CNN! Comparisons of Obama to REAGAN?!!! Is this some sort of JOKE??!! Are you seriously wondering why Obama, who has done exactly the OPPOSITE of Reagan, is not having Reagan's success??? Are you seriously wondering why a far left socialist that believes in demonizing businesses and redistributing wealth cannot turn around a free market capitalist economy??? Would you bring a Ferrarri to a plumber to fix an engine problem??? Obama is the clueless plumber with a poorly running Ferrarri in front of him. My apologizes to all the plumbers bt associating them to the clueless idiot in the Whitehouse.

    May 4, 2012 01:40 pm at 1:40 pm |
  9. Howard

    You Liba will go to any length to make excuses for Obama. Face the facts, hes a LOOSER !!!

    May 4, 2012 01:41 pm at 1:41 pm |
  10. Wire Palladin, S. F.

    A lot of things can be accomplished when elected officials honor their oath to America, and not their oath to Grover Norquist.

    May 4, 2012 01:41 pm at 1:41 pm |
  11. Devon

    Team Doom & Gloom & EVERYTHING SUCKS & BLOWS talk a lotta smack, however the Mittster NEVER says what HE is going to do Specificly. Willard LOSE THE SKIRT & have apress Confrence & Stop Runnig & Hiding.

    May 4, 2012 01:42 pm at 1:42 pm |
  12. Mikey

    Wait. Unemployment was 7.5% in January 1981, when Reagan took office. 39 months later, it was 7.7%, 0.2% higher than when he took office. Unemployment was 7.8% in January 2009 and 39 months later is 8.1%, an increase of 0.3%. The recession Reagan inherited was not nearly as deep as the current one. We did not have a near collapse of the real estate market and financial system, like we did in 2008. We have also had the BP oil spill, Fukushima, the European debt crisis, record tornado and flooding activity, and perhaps the most obstructive congress in the history of the U.S. (who's stated goal is to make Obama fail). Based on those facts, the Obama Administration is doing much better than Reagan did.

    May 4, 2012 01:42 pm at 1:42 pm |
  13. Mikey

    Oh, I forgot to mention the two wars and, threat of terrorism, Iran, and North Korea. No comparison. Hands down, Obama is doing a better job.

    May 4, 2012 01:44 pm at 1:44 pm |
  14. Wire Palladin, S. F.

    It is amazing that an ignorant right wingnut idiot like Lady Fair has not learned from the 1920's great republican depression and the current European economic mess that you do not cut government spending.

    May 4, 2012 01:44 pm at 1:44 pm |
  15. GROVER NORQUIST IS A ENEMY OF THE STATE/Dutch, Bad Newz, VA

    Reagan had a recession. Obama was dealt a depression.

    May 4, 2012 01:46 pm at 1:46 pm |
  16. Tired of republican lies

    @ Obamarocks.....You are so right, and they make it soooo obvious. Good post.

    May 4, 2012 01:51 pm at 1:51 pm |
  17. Thomas

    @ Fair is Fair
    Is this a trick question?

    IT'S BECAUSE OBAMA IS AN ECONOMIC SIMPLETON.

    That was easy.

    @ I'm sure you feel the same about the decision to go to war in Iraq and Afghanistan.

    How many Trillions of dalliers later dose it take to keep it simple stupid !

    The world economy is much different then is was during the Reagan years , OPEN YOUR EYES , see what the rest of the world is going through.

    Until you understand the truth , you could never understand the meaning of fairness.

    May 4, 2012 01:52 pm at 1:52 pm |
  18. SOUTHERN HOTTIE

    @Fair is Fair
    Is this a trick question?

    IT'S BECAUSE OBAMA IS AN ECONOMIC SIMPLETON.

    That was easy.

    *********************************************************************************
    What's easiest is recognizing a poster with an intelligence quotient of 80% or lower. Have a nice day. :)

    May 4, 2012 01:57 pm at 1:57 pm |
  19. Mikey

    @Class Warfare – "Oh seriously CNN! Comparisons of Obama to REAGAN?!!!"
    ****************************************************************
    We agree on something, it is totally insulting to President Obama to have to be compared against a guy who tripled the national debt and began the period of income and wealth disparity that has led us to this very dangerous point in our history.

    May 4, 2012 01:57 pm at 1:57 pm |
  20. Myviewis

    Get real people, stop the excuses and the blame game, people are not buying it anymore. Reagan had experience as a Governor while Obama had no experience, Obama worked as a Professor, community organizer and was a junior Senator. Obama had never made decisions nor was responsible for budgets, taxes, crime, infrastructure, debt, businesses, insurance, tourism, parks, water, police dept, fire dept, schools, catastrophes, jobs. Obama had no experience when he make president, he's been getting on the job training which is why we are in the mess that we are in. Obama never even ran a business, was never even a manager of a business, Obama's jobs were easy jobs, seriously, what serious decisions did he make as a Professor? Community Organizer? Junior Senator?

    May 4, 2012 01:57 pm at 1:57 pm |
  21. SOUTHERN HOTTIE

    @Democrat Class Warfare – Destroying the economy, destroying the country

    Got tired of using Truth an Nothing but The Truth user name? LOL. The GOP crowd is so opaque.

    May 4, 2012 01:58 pm at 1:58 pm |
  22. Democrat Class Warfare - Destroying the economy, destroying the country

    If you want to explain Obama's failure then you need an apples to apples comparison. Obama to Jimmy Carter.

    May 4, 2012 01:59 pm at 1:59 pm |
  23. Wake up people

    Since the rethuglicans thought Ray-gun pooped roses, they did anything in their power to help him as did many dems. We have never ever had an obstructionist congress like we have now. What is going on now can't be compared to anything in our history. Like I keep saying, these rethugs ought to be brought up on charges of high treason. Anytime you would rather see our country go down the tubes instead of supporting the POTUS when it's your job, you should be fired.

    OBAMA 2012!

    May 4, 2012 02:00 pm at 2:00 pm |
  24. Myviewis

    @gg – Jobs were already going overseas when Carter was president which is why people were already complaining back then and it was mainly due to the Unions and high taxes. Businesses had to go overseas in order to survive all the Unions' demands and all the high taxes and red tape. Unions can ruin a business profits in 2 seconds.

    May 4, 2012 02:02 pm at 2:02 pm |
  25. Texas Dude

    Go ahead and rant about President Obama. At the very least, Reagan didn't have an intransigent congress like the congress of today. Reagan's success is also the dem's success from that era that showed that bipartisanship works. However, today it is all different b/c the GOP made up its mind to put politics above the country in an attempt to "take the country back". But they'll fail as American have seen thru their hypocrisy.

    May 4, 2012 02:02 pm at 2:02 pm |
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