Stupid Right-Wing Tweets: James Pethokoukis Edition


Taking a page from fellow GOP propagandist Grover Norquist, James Pethokoukis of AEI and CNBC wants everyone to forget about the calamitous economic record of the Republican administration that left office a mere 180 weeks ago, and focus instead on one that's nearly 30 years old.

Just how long ago was the "Reagan Recovery"?

In 1984, the USSR was boycotting the Los Angeles Olympics, Sarah Palin was named "Miss Wasilla," Nelson Mandela was in jail, only 15% of American children had access to a computer, the Dow was hovering around 1100, minimum wage paid $3.35/hour and adjusted for inflation, the 128K Apple Macintosh sold for around $5200.

Oh, and most inconvenient for James -- the top marginal tax rate was 50%.

2012 isn't 1984, wingnuts. Move on.


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