thereisnospoon
Gold Member
national defense is an essential function of the US government as prescribed in the Constitution. Carter had decimated the US Military. Carter was as weak kneed and yellow spined leader as Neville Chamberlain. He was an appeaser who loathed the military.Afraid not......Reagans tax cuts brought huge deficits. It was the spending that caused the economic upturn. We never paid back the money Reagan borrowed.
Trickle down does not work...never has
Really? Then how do you explain the economic recovery on Reagan's watch during the mid to late 80's?
You can be afraid all you like.
Reagan was willing to short change the goverment ( they should have reduced spending) in order to give back the people THEIR money so they could spend and invest.
The result was a long period of recovery from the Carter and Nixon years and of course growth in the 80's. And that spending that you mentioned above was CONSUMER spending. Government spending slows economic activity. Because in order for government to spend more, it must take from the producers to have it to spend.
Ok genius, if trickle down doesn't work, what does? See you don't get to post a statement and then not get called on it.
The fastest and best way to grow an economy is to have the earners keep as much of their earnings as possible while taxing them enough to maintain a stable government that is funded for essential services only.
Taxes are never too low. Neither are revenues. Politicians always have the choice to spend less.
I will ask you .....Why is it you support high taxes?
Mega Defense spending. He did not reduce the size of the Federal Government, he expanded it significantly...especially the DoD
Reagan quadrupled the deficit to pay for his tax cuts and defense spending
Reagan destroyed the Soviet Union and ended the cold war.
So , are you going to answer my question about high taxes? Please do.