George W Bush - HIGH Approval Ratings

[rgcraig]

Reports are saying Roberts messed up and BO knew it and that's why he paused.

[Sherri]

I'm surprised at Reagan's ratings; I would have thought they would have been higher.

[pelathais]

Originally Posted by Sherri

I'm surprised at Reagan's ratings; I would have thought they would have been higher.

He had that Recession that he inherited at the start - plus simultaneous inflation - that dreaded "Staglation."

First thing he had to do was let Volker throttle the Fed to stop inflation. Nobody wanted to save in those days because there was no way to get any return that inflation did eat right up. With no savings, private banks had little to lend so growth was stifled. Those were the rough days of "Stay the Course!" His first couple of years were tough economically.

That second dip Reagan suffered coincided with the Stock Market crash in October 1986. This was due to the huge bubble (over valuation) that had built up due to "Wall Street greed" and the trillions of dollars that were coming in from average Americans who could now invest in the new Money Market Funds, mutual funds and other funds that had never existed before Reagan's tax cuts gave people money that they could afford to save and invest.

[pelathais]

Originally Posted by rgcraig

Reports are saying Roberts messed up and BO knew it and that's why he paused.

He spoke over BO at the start. Probably couldn't hear him. Standing there in the wind with the amps pushing all the sound outward plus being a bit nervous no doubt affected them both.

I just kind of sat up when the President said, "execute" and then stopped. It was like - No! There's more to the job than just executing!