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Hotspring 44
01-18-2015, 01:59 PM
The Truth About September 1983, The Month Ronald Reagan Supposedly Created 1.1 Million Jobs (https://www.businessinsider.com/ronald-reagans-million-jobs-month-2015-1)



Have you heard the one about how the Reagan economy produced over one million jobs in one month (September 1983)?

The story goes something like this, chronologically, as best I can ascertain:
David Winston (September 2011) (https://www.nationalreview.com/articles/277656/obama-reagan-no-comparison-david-winston): Extra credit for Mr. Winston for driving the lie home with a reference to the inception of record keeping in 1939: “At this same moment in 1983, Ronald Reagan’s policies were about to create 1.1 million jobs in the month of September alone, the biggest one-month job gain since the Bureau of Labor Statistics officially began keeping track back in February 1939.”...
The list of examples goes on in the article, (not copied here).

An explanation as to why and how the actual number of supposedly newly employed people in September 1983 was a "fluke" ({and} misrepresents what actually was going on at the time) which wasn't at all what the the pro-“Reaganomics (https://en.wikipedia.org/wiki/Reaganomics#Overview)” pundits, politicians, “Free Market” enthusiasts, and Republicans etc. continue to make (false) claim to, as “evidence” that the “Trickle-Down Economics (https://en.wikipedia.org/wiki/Trickle-down_economics)” (“Reaganomics (https://en.wikipedia.org/wiki/Reaganomics#Overview)”) actually worked and somehow anything else was lies and conjecture of the “Communists” and “Radical Liberal Left Wing” etc.
Never mind the actual fact of the fluke as described in the article.


So, exactly what happened during that period in 1983? Well, the story is actually remarkably simple, and no reputable journalist would be caught dead espousing nonsense like that which appears above.
The story begins and ends with a strike of communications workers, as detailed by the NY Times, August 7, 1983:

The complete article is @:
https://www.businessinsider.com/ronald-reagans-million-jobs-month-2015-1