Wyatt earp
Diamond Member
- Apr 21, 2012
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Yup. Sure was. Young guy then, and voted for him in 1980.[/QUOTE]He made a deal with the Democrats who controlled Congress. They agreed to cut spending by $3 for every $1 in tax increases if Reagan would let them raise taxes. Uh, that makes no sense, me boy. Because the tax increases were Reagans ideas. Reagan took them at their word and guess what? They didn't keep their word. No surprise there. The result? The debt increased. Wow. That weak minded reagan was quite the nut case, eh. The reason you do not provide a link is that only nut case agenda driven sources would ever back up your ideas. The rational and impartial sources say you are a con troll. The fact is, the tax cut had neither a bad not good result. What had a bad result was canceling programs that employed people. What had a good result was spending, which created programs that employed people.Reagan’s RecessionBullshit. The recession was a result of Carter's 17% inflation rate BEFORE Reagan was elected. The tax cuts helped END the recession. Fact is, the inflation rate was never 17%, and in truth never was even 12% before or after the presidency was taken over by Reagan. You should at some point look at facts instead of con talking points.
Fact is, the tax cuts created the recession, and spending ended it. The fact that the unemployment rate went up like a rocket after the tax cuts should tell you something. Again, stop relying on con talking points.
Can you then explain why Reagan raised taxes and spent like a drunken sailor after the Recession started? Those, me boy, were not supply side ideas at all.
Did anyone that his 10.9% unemployment was the second worst recession in the history of the US?
Again, Bullshit. High unemployment was a result of Carter's inflation, which caused interest rates to rise to 21%. Construction stopped and businesses stopped expanding because money was too expensive to borrow. Again, the tax cuts put money back in the hands of the people, which stimulated the economy.. Uh, problem with your little rant is that the ue rate never got beyond 7.3% under Carter, but spiked upward under Reagan after his tax decrease. I notice that you have no proof of your statements. Problem is, the studies out there say that Voodo Economics, as Reagan's VP called Supply Side Economics caused the recession, which is why Reagan decided to increase taxes and borrow like crazy to fund stimulus spending was used by the Reagan Economic team. And this began before the rally bad part of the Reagan Recession.
Did anyone notice that he tripled the national debt?
Here. Consider an impartial source:
"The unemployment rate hovered between 7% and 8% from the summer of 1980 to the fall of 1981, when it began to rise quickly. By March 1982 it had reached 9%, and in December of that year the unemployment rate stood at its recession peak of 10.8%. The jobless rate slowly receded over the next few years, falling to 8.3% by the end of 1983 and to 7.2% by the 1984 presidential election. The unemployment rate did not fall below 6%, however, until September 1987".
Reagan’s Recession
So, under the Carter presidency, inflation and the unemployment rate were fairly stable. At about 7.3% when reagan took office. And still at that point when Reagan cut taxes. But afterward, revenues slowed and programs were cut, causing unemployment. Neither the unemployemnt rate nor the inflation rate were any different during the Carter years and up until the tax cut by Reagan, then the ue rates went crazy.
You weren't around back then, were you?
So what the fuck you expect asshat that it was going to change overnight?
Well, me well spoken con troll, I would not expect it to change over night. It took a year to see the ue rate go up like a rocket. And it took over a year to see the ue rate drop after he started spending like a drunken sailor. Next.
Reagan's polices turned this nation around, his attitude alone set the stage for the next 20 year's..
Uh, the opinion of a person with no credentials. Did you think anyone would believe you, me boy?
Russia kept to themselves, didn't stray much, but your God Damn obama
Again, the opinion of a con troll. Thanks for that, me boy.
Gave the green light for Russia to use Iran military bases..
Are you so stupid that you believe that has anything to do with the subject. Yeah, of course you are.
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So dumb ass do you ever see me ripping apart JFK or LBJ?
No
So again what's your problem with Reagan?
You can't stand a strong leader and a guy that could compromise?
A guy who tore down unions, a guy who tore down the U.S.S.R.?
What is it with you pussy?