Correcting the Reagan Myth

OH boy, this is bad.

I lived through that. I remember what caused that collapse in oil prices. I remember getting the benefit of those tax cuts. The spending dindn't help much, as it was concentrated in SoCal and the NE, and the NE still suffered huge job loses back then as the economy was changing so much.

This is one of the very bothersome parts of liberalism, the changing of history to suit their needs.
What I remember was that the government spending was a drag and the tax cuts helped everybody.

From your post, it sounds like you have this view because you didn't live in a 'military' area. Take it from someone who did, Reagan's defense buildup was a really great jobs program.

Too bad he didnt do things that would have helped the country in the long run with this stimulus.
 

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