On this day in 1984

On June 1, 1984 ... President Ronald Reagan, then running for re-election, announced that the May unemployment rate had dropped to 7.4 percent (from a high of 10.8 percent a year and a half earlier).

He was on his way -not to six fundraisers- but "to Western Europe, to promote peace and democracy in the Cold War era."

Full story at CNS News.

 

Fast forward to the present. Jonah Goldberg writes:

.... This morning when the jobs numbers came out and were greeted with all of the enthusiasm of a five-year-old discovering his surprise Christmas pony had choked to death on a Lego Luke Skywalker, I tweeted "When you're marching down the wrong road, making 'Forward' your slogan is less than entirely helpful."

Later, by which I mean about five minutes ago, I remembered that this was an idea better expressed by C. S. Lewis, who said: 

 We all want progress, but if you're on the wrong road, progress means doing an about-turn and walking back to the right road; in that case, the man who turns back soonest is the most progressive."

 

 

Comments

[scp]

Obama's 8.2% vs. Reagan's 7.4%? Well heck then, "Uncle Bawack sounds just as good as Ronald Reagan." One thing that really irritates me is that these numbers--obama's 8.2% and REAGAN's 7.4%--are like "apples and oranges." Today's "news media", being the propoganda organ for the democrat party that it is, merely repeats the administration's official, manipulated, unemployment figures verbatim. The fact is that the official methods for calculating the unemployment rate were changed in 1994 DURING THE CLINTON ADMINISTRATION. http://www.wnd.com/2012/02/real-unemployment-rate-22-5/ and featuring Allen West: http://newmediajournal.us/indx.php/item/4447