Barack Obama versus Ronald Reagan - A Brief Comparison of Their First Three Years in the Oval Office
80Food for Thought
In an interview conducted by 60 minutes in December 2011, American President Barack Obama stated to Host Steve Kroft that the accomplishments of his administration in its first two years would stack up to nearly any other president before him. The only exceptions would perhaps be Abraham Lincoln, FDR, and Lyndon B. Johnson. Not surprisingly, right wing ideologues began to bang away at their keyboards and post complaints on their blogs lambasting the absurdity of President Obama's words. This hub discusses the situations inherited by each of the figures raised by Obama before concluding with a brief and limited comparison of Obama and Ronald Reagan during their first three years in the Oval Office. Interestingly Obama's record fairs closely to Reagan's in the comparative time periods; yet, Reagan was respected much more than Obama. No doubt there are many more factors to consider than those presented here. Still, let the debate begin...
Abraham Lincoln, FDR, Lyndon Johnson, and Barack Obama
At the outset of their respective presidential administrations, Abraham Lincoln, FDR, Lyndon Johnson, and Barack Obama all faced harrowing situations.
Abraham Lincoln's administration began with the secession from the union by the Southern states. When they heard that Lincoln had won the presidency, the Southern states beginning with South Carolina seceded from federal union. During his first two years of office, Lincoln had to navigate the civil war and in January 1863 through the Emanicipation Proclamation he declared all slaves free. Even though many consider Abraham Lincoln the United States' greatest president, he was widely unpopular and often criticized for his policies during his time in the White House.
Franklin Delano Roosevelt (FDR) inherited all the problems of the Great Depression. During his first 100 days, FDR installed the major components of his New Deal in order to lift the people of the country out of unprecendented economic misery.
Lyndon B. Johnson found himself president in the wake of the unfortunate death of a very popular president. During his early days as president, he found himself in the throes of the civil rights movement as well as the prospects of war in Vietnam. Johnson instigated measures for what he called "the Great Society" by which he extended social welfare programs for the underprivileged and passed the Civil Rights Act of 1964. One commentator wrote of him: "Johnson developed an extraordinary ability to get things done. He could plead, cajole or threaten as necessary to achieve his ends. As president, he wanted to use his power aggressively to eliminate poverty and spread the benefits of prosperity to all."
Barack Obama and Ronald Reagan
Ronald Reagan is touted by Right Wing Conservatives as the image of a successful president. Reagan's mantra was reduce the size of government, cut taxes, and maintain a strong military. Interestingly during his first three years of office, government spending actually went up. Even more interesting are the similarities of some of the most important economic indicators between Reagan in his first three years and that of current president Barack Obama.
Economic Comparison
The three tables shown below indicate that the US economic conditions during Obama's first three years of office faired equally with the Reagan administration during his first three years of office. In terms of real GDP growth, the US economy notched up nearly 5 percentage points in both administrations from inauguration to November of their third year. Under Reagan, the real GDP growth increased from 1.6% in the 1st quarter of 1981 to 5.6% in the third quarter of 1983. Obama inherited much worse conditions and still the real GDP growth lifted from -4.5% in the first quarter of 2009 to an estimated 1.5% in the 3rd quarter on 2011. In terms of the federal deficit, gross public debt increased in both respective administrations by around 51% in their first three years. The debt increased from US $910 billion at the end of the Carter administration to US $1,372 billion in the third quarter 1983. It lifted from US $9,986 billion at the end of the Bush administration to an estimated US $15,144 billion at the end of the third quarter 2011. Finally, under the Reagan administration, unemployment soared from 7.4% at the outset of his presidency to over 10% for nearly one full year before settling at 8.5% in November of his third year. Under Obama, unemployment began at 8.2% at the outset, hovered over 9% for most of his first three years before settling at 8.6% in November of his third year.
Foreign Policy Record
Obama's record, it would seem, is much more impressive during his initial years than Reagan's. No doubt, Reagan's greatest foreign policy accomplishment was his hardline stance towards the Soviet Union and Communist China. The eventual fall of the Soviet Union under successor George H. W. Bush was mostly due to Reagan's approach to the Kremlin during his administration. However, during his first three years, Reagan's only accomplishment of record was the invasion of tiny Grenada in the Caribbean Sea. During his first three years in office, the US military under Obama has taken down Osama Bin Laden, two or more other major al-Qaida operatives, and the indirect elimination of Libyan dictator Muammar Khaddafi. It could be argued that conditions grew worse in Afghanistan, but historically Afghanistan has been a difficult military target.
Obama-Reagan Comparison Real GDP Growth
Obama-Reagan Comparison Increase of Public Debt
Obama-Reagan Unemployment Comparison
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I agree. It didn't seem like the end was near then. Let me make something clear. I'm not an economics expert. I'm a business man and have maybe my fair share of common sense. That's it. I know what creates profit, and what leads to bankruptsy. The same principals of business apply to the economy. I DO have an analysts who kicks everybody you see on TV's ass who is an expert. George also sits up all night going through all these 500 page bills that the guys voting on them don't read. He's also a friend and hubs here on the pages. I'm anxious to get his take on this, and told him to come over. Getting back to what I was saying, the big difference I see is a 15 trillion dollar debt. George Bush spent way too much money, and our current president has accelerated that spending. I'm not an Obama hater. I believe he has more potential than anyone since Lincoln. I just honestly feel he has surrounded himself with the worst people out there through out his career. We have to cut the spending. We don't have a choice. I know the left want to raise taxes on the rich, but there's two problems with that. It starts with the guys at 250k or above. These are the guys with the jobs, and raising the taxes WILL stop growth and stop jobs. The second problem is that the increase in taxes is a drop in the bucket when you run the numbers. What no one's talking about outside my organization, is the one trillion dollars a year that goes to waste and abuse out of a 3.6 trillion dollar budget. Any housewife running a house hold budget knows that you have to stop the loss before you borrow more money. (raise taxes and/or take things away from people)
Well, I'll go on for ever, but this is what I left business to do. It's good meeting you guy. Keep it rolling!
jim
This is really a good comparison. I am going to reference it from a hub I am working on where I mentioned Obama annd Reagan. I hope people will take the time to study it out.Great job. Thanks!
What happened to the USSR, they went broke trying to fight us by proxy. We didn't lose Viet Nam. We accomplished our objective of stopping communist expansiion.
This is great info and a great comparison. Many of the people in my generation are so blindsided by the media however that they won't take the time to analyze this type of information. They will run with one aspect of it and that will be that to them. They are democrats or they are republicans, and there is no common ground to them. I fear for when my generation takes the reigns. Sorry for that little tangent there, but honestly, a great read.











TheManWithNoPants Level 7 Commenter 5 months ago
Very well put together hub. Voted this up useful,and interesting. Yes, we're proud of old Ronald Reagan. Some of my extreme right brothers and sisters maybe too much so. Even my brothers and sisters center left give him credit for being pretty decent though. Me? I think he was cool, and did good job, especially considering his starting point. Here's why I feel that way ..
To make those figures really come to life we have to first point out the circumstances that existed when the two men took office. Obama did inherit a some what ugly mess, but lets compare where the two started from, and you get a different picture. When Carter turned over the key to the White House to Reagan, the interests rates were at 21.5% Unemployment was at 10% and over 11% in many parts of the country. Inflation was 14%, so of course GDP was next to nothing. I'm not taking anything away from this well put together hub, I just want to point out that they began with entirely different numbers. Reagan dug us out of a much deeper hole. I've got to go eat dinner, so I'm rushing my point, but I DO keep a very open mind, so I'm interested in your take my friend! This is the first we met, so I want to be clear. I've founded a grass roots organization called The Housefire Project. We're new, but we're focused on corrupt leadership, and we don't care which brand of under wear they put on. I won't use this hub to soap box, but I just want you to understand that I don't defend bad managers just because they call themselves conservative. Basicly, I want to fire the whole bunch and start over with some folks that know how to work toether and get some serious crap done. We've got a congress with a 9% approval rating and there ain't no supermen either in the Oval Office or in the running for the job. We've got some serious work to do bro.
jim