Why Obama can't match the Reagan recovery
May 4th, 2012
01:15 PM ET
8 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.


Filed under: President Obama • Ronald Reagan
soundoff (61 Responses)
  1. Wire Palladin, S. F.

    demwit – Who are you giving the cost of TARP to? I thought that was another unfunded Bush program.

    May 4, 2012 02:39 pm at 2:39 pm |
  2. Mikey

    @Bren – "Oh, also.........Gas was $1.79/gallon when Obama took office. Gas has gone up OVER 100% since Obama took office."
    Bren, Bren, Bren – Gas prices were about $4/gallon a few months before the 2008 election. They only went down because the recession cut demand very significantly very quickly. They are lower now than in the summer of 2008.

    Oh, and Bush's reelection? Not so easy. It was the smallest percentage margin of victory for a reelected president in the history of the united states. For someone who talks about FACTS, you sure are loose with yours. However, when people say things like "Obama is a JOKE, and his policies are a JOKE!! Obama is not a qualified, competent, leader–he is an unqualified, incompetent FAILURE and a bad joke on our country.", it is not hard to figure out where they are coming from – and it's not a place of rational logic.

    May 4, 2012 02:39 pm at 2:39 pm |
  3. Myviewis

    @Hammerer- I agree Obama needs knowledge of economics, unfortunately, he never worked in any job that required him to have knowledge of economics or knowledge of management nor did he ever study it and the only little leadership he acquired was from being a community organizer which is miles far from the big leadership job he now has. The guy with the least experience became our president and people wonder why unemployment is so bad, gas prices are skyrocketing and savings are gone.

    May 4, 2012 02:40 pm at 2:40 pm |
  4. The REAL Truth.. (not the imposter)

    @Bren/Sue – or whatever your handle is.. .
    Perhaps you should do some fact checking. The party of "No" had not platform, no candidate and no chance in Nov. The voters don't need to wake up... we see what we don't want to go back to, and that's more of the same old Grand Obstructionist Party's amnesiac revisionist history of how we got where we are today.

    May 4, 2012 02:41 pm at 2:41 pm |
  5. Dominican mama 4 Obama (the real one)


    @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.
    Mentally opaque and intellectually transparent!! LOL!
    You're rocking today Hottie!!!

    May 4, 2012 02:44 pm at 2:44 pm |
  6. Mikey

    Obama has not had nearly as many members of his administration indicted or resign under threat of indictment as Reagan. Not even close.

    May 4, 2012 02:45 pm at 2:45 pm |
  7. obama victim

    Barry can't math The Gipper....because....well...he is an idiot

    May 4, 2012 02:48 pm at 2:48 pm |
  8. Wake up people

    Ray gun who the rethugs think ished roses NEVER had to deal with the things President Obama has had to deal with. This country was on the brink of disaster when President Obama took office. Millions lost jobs, homes, and cars. Also Ray gun didn't have a Congress whose sole purpose was to see him be a one term POTUS. Please stop with the stupid comparisons and put the truth out there. The rich old white men that run the rethuglican party can barely sleep at night because one of"them" is the POTUS. President Obama could cure cancer, end all wars, balance the budget, and cure every disease known to man and these fossils will still disrespect him.

    OBAMA 2012!

    May 4, 2012 02:50 pm at 2:50 pm |
  9. Bren


    Go and do a search for this article--–"Gasoline Up 100% Under Obama", Washington Times, March 30, 2011.

    The article states........Gas was $1.79/gallon when Obama took office. Gas has gone up OVER 100% since Obama took office.

    It appears that you need to WAKE UP!!

    May 4, 2012 02:57 pm at 2:57 pm |
  10. Pham

    They ran the country completely differently and we are getting different results. Obama is not good a President and any cmparisons are an insult to Reagan. Obama wants hand to mouth government and Reagan believed in personal responsability and the fallacy of government involvment.

    May 4, 2012 02:58 pm at 2:58 pm |
  11. Thomas

    No wonder Obama and the liberals were milking the Bin Laden situation.

    Bin Laden being killed does nothing for people who cannot pay their bills, buy food, buy gas and live decent lives.

    As Romney said........."It is the economy, and we are not stupid"!!

    Were where you when GW Bush was reading the book "My Pet Goat" to children. when planes hit the world trade center ?

    Can you tell me the total cost we have spent on the wars , can you tell me what effect that has had on our economy.

    You are a perfect example of of somebody who knows the meaning of sacrifice . Similar to Mitt Romney's five sons who avoided voluntary military service so they could to there part at home helping keep our economy strong .

    As long as you are financially secure and not effected , nothing else maters.

    You want to take us back to the Bush years , the world has already changed !

    We don't need the uncertain transition of change that will happen if Romney is elected , it will set our economy back two years . Right now it's about growth and restructure.

    Romney will owe too many ,too many PARTY FAVORS to accomplish anything !

    May 4, 2012 02:58 pm at 2:58 pm |
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