Wednesday, May 28, 2014
"Obama Should Study the History of Reaganomics"
Reagan vs. Obama.
Read the facts the liberal media ignores before you decide...
Read the facts the liberal media ignores before you decide...
At Townhall.com, Paul Kengor wrote about this a short time ago. There also much more in his article:
"Contrary to liberal demonology, African Americans and other minorities did extremely well during the Reagan years. Real income for a median African American family had dropped 11 percent from 1977-82. But from 1982-89, coming out of the recession, it rose by 17 percent. In the 1980s, there was a 40 percent jump in African American households earning over $50,000.
African American unemployment (which has increased significantly under President Obama) fell faster than white unemployment in the 1980s. The number of African American-owned businesses increased by almost 40 percent while the number of African Americans enrolled in college increased by almost 30 percent (white college enrollment increased only 6 percent)."
