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BumRushDaShow

(164,322 posts)
29. "BTW, how many times has a Democratic President followed to fix the Republican failures in economy."
Fri Nov 28, 2025, 12:48 PM
Nov 28
FDR after Hoover
Clinton after George HW Bush
Obama after George W Bush
Biden after Trump
etc.


You can add JFK after Dwight Eisenhower too. I know my mom used to occasionally mention that little recession that happened in the '50s (1957 - 1958).



(from here - The Forgotten 1957 Pandemic and Recession)

And get a load of this shit - NYT from 67 years ago -


PRESIDENT SAYS DEMOCRATS SELL 'DOUBT AND FEAR'
___________

In Chicago Address, He Calls Them the Champions of Inflation and Spending
___________

AGAIN SCORES 'RADICALS'
___________

Eisenhower Details Record of Expanding Economy in Urging G.O.P. Victory Eisenhower Charges Democrats With Selling 'Doubt and Fear'



By Felix Belair Jr. special To the New York Times.
Oct. 23, 1958


CHICAGO, Oct. 22-President Eisenhower made another ungloved attack on the Democratic party and its candidates tonight. In an address to Republican precinct workers at the International Amphitheatre here, the President sought to identify the Democratic party as the champion of inflation, "frantically merchandising doubt and fear.". The speech was televised nationally and broadcast to the Midwest area by the Columbia Broadcasting System. To a dinner audience of 4,500 party workers, swollen by standees, the President gave his Administration credit for having prevented an economic recession from becoming a major depression. This was done, he said, while staving off "an avalanche of Federal spending" sponsored by Democrats in Congress.

Democrats Called 'Radicals'

The President charged that the "dominant wing" of the Democratic party was composed of “radicals" and "those of little faith." He said: "The most deceptive notion taught by self-styled liberals is that when the economy starts] to slow up, only a vast outpouring of your tax dollars will pump us out of the trouble."

President Eisenhower read the record of his Administration in: its management of the domestic economy, keeping the nation's defenses strong and keeping it at peace. He then said this was the reason voters would return Republican candidates to state and Congressional offices in next month's elections. The President was interrupted repeatedly by applause during his address. The most prolonged show of approval came when he remarked that spending public funds to finance the nation out of a business recession was like "trying to live on new debts." Another prolonged applause came when, in describing Republican goals in domestic policy, he said that the party's intention was "to help our working men and women drive racketeers and hoodlums out of American labor."

Earlier in the day the President told a meeting of Republican women voters and workers in the Blackstone Hotel here that the country's best chance of remaining at peace and avoiding a major war was to "stay firm and strong and always ready to conciliate." But his chief emphasis in his address tonight was on the need to keep the economy strong. It appeared from the President's talk that his main purpose was to combat a major charge of Democratic candidates that his Administration had brought on the "Eisenhower recession," which began in the summer of 1957.

(snip)


See... that ain't the "Eisenhower" that gets presented today. It's more distilled into his "MIC" remarks and not the rest of what is still a loon GOP type of thinking.

Why does this Oct. 23, 1958 front page of the NYT look like something you'd see today in 2025?



ETA - if you look at that St. Louis Fed BEA graph, there was a recession during the latter part of the Nixon 2nd term/Ford term, before 1976, where Watergate apparently ruled the day but it all still lead to Carter.

Recommendations

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Waiting to hear bucolic_frolic Nov 28 #1
But . . . . no_hypocrisy Nov 28 #2
this is just ONE popsdenver Nov 28 #20
The only benefit is we might get to play Running Man with the ultra wealthy for when it crashes. cstanleytech Nov 28 #25
So in other words,a new tax to eliminate payroll taxes eh?? In the end your still taxed. Bengus81 Nov 28 #3
Stupid, simple thinking. marble falls Nov 28 #4
His forte. nt eppur_se_muova Nov 28 #36
That was Trump's plan all along: return to the Gilded Age by replacing the federal income tax with tariff revenue. sop Nov 28 #5
Bingo Picaro Nov 28 #35
maybe cutting out income tax, completely........ Escape Nov 28 #6
if you believe the conservative premise that reducing taxes increases revenue rampartd Nov 28 #7
Even one of the original promoters of that - David Stockman - admitted that it was wrong BumRushDaShow Nov 28 #9
stockman wrote one of the finest descriptions of reaganomics - "the triumph of politics" rampartd Nov 28 #10
In that clip BumRushDaShow Nov 28 #12
"deficits do not matter. reagan proved that." cheney rampartd Nov 28 #13
They don't mind the deficits BumRushDaShow Nov 28 #16
Do you have to tap your heels three times and wear ruby slippers as well? travelingthrulife Nov 28 #19
IOW how to kill our government and let rich turn us back to feudalism. GreenWave Nov 28 #8
Rampant desperation on display, here. Paladin Nov 28 #11
Trump and Republicans popsdenver Nov 28 #22
I've said the same thing since it started AZJonnie Nov 28 #30
This may be the single most idiotic thing he has ever said Wiz Imp Nov 28 #14
the Republicans have wanted popsdenver Nov 28 #23
"cutting income tax, which he said could be achieved thanks to the effects of his trade policies." mdbl Nov 28 #15
"To replace ALL federal taxes would require tariff revenue to increase by 16 to 17 times..." J_William_Ryan Nov 28 #17
Perfect storm. Fire everybody and then eliminate public funding for services travelingthrulife Nov 28 #18
The Simpsons bmichaelh Nov 28 #21
"BTW, how many times has a Democratic President followed to fix the Republican failures in economy." BumRushDaShow Nov 28 #29
What COULD replace it?? nitpicked Nov 28 #24
I guess that wiped the epstein files off the thanksgiving discussion list PSPS Nov 28 #26
He'll do anything to get the wee brains of his magas revved up. ificandream Nov 28 #27
Throwing cake to the MAGAt masses, Bayard Nov 28 #28
trump is delusional LetMyPeopleVote Nov 28 #31
Yeah sure... LudwigPastorius Nov 28 #32
Donnie don't do numbers so good. rsdsharp Nov 28 #33
Just spitballing here BWdem4life Nov 28 #34
Trump's use of tariffs is unconstitutional thought crime Nov 28 #37
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