The Myths of Reaganomics

Discussion in 'Economy' started by Flaylo, Jun 27, 2010.

  1. Flaylo
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    Flaylo Handsome Devil

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    Todays Republicans hold Ronald Reagan and his economic policies up as some kind of blueprint for fiscal responsibility for reducing deficits and and reducing the role of government, well see the facts for yourselves.

    The Myths of Reaganomics - Murray N. Rothbard - Mises Daily


    Why don't the Republicans let Reaganomics just dieinstead of trying to revive it?
     
  2. JBeukema
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    JBeukema BANNED

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    Reaganomics is fiscal Jesus
     
  3. Flaylo
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    Flaylo Handsome Devil

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    Reaganomics was fiscal bullshit, its the blueprint for fiscal disaster and the template that conservatives follow which makes Reagan responsible for why the country has a fucked up deficit, all traces of Reaganomics needs to be eliminated from American economic policy.
     
  4. JBeukema
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    JBeukema BANNED

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    You can't kill it. It is given by the Prophet and shall rise again, above reproach and beyond the comprehension of mere men.


    Reaganomics is fiscal Jesus
     
  5. Flaylo
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    Flaylo Handsome Devil

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    It can be killed, Bill Clinton did, Bush younger revived it, Obama must kill it again. Reaganomics put the country in a 1.1 trillion dollar deficit before Obama took office, Republicans need to let it go.
     
  6. editec
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    editec Mr. Forgot-it-All

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    Who is going to kill it?

    The DEMS?

    WAKE UP.

    There are no heros in this nightmare, folks.

    Anybody inclined to heroism on behalf of the people was vetted from power long before they could do any damage to the cleptocracy that has ruled this nation since before your grandfather was born.
     
  7. CrusaderFrank
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    CrusaderFrank Diamond Member

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    You need an entire Reagan BUDGET to match Obama's deficit!

    A whole Reagan BUGDET!
     
  8. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Another article by a writer suffering the delusion that Reagan ran Congress.

    Also, what we bought with the deficits from the military build-up was the collapse of the Democrat hometeam: the USSR.

    Finally, Reagan deficit were peanuts compared to what Democrats are doing today, and all we have to show for it is creeping Fascism as the Democrat National Socialist Federal Gubbamint gobbles down one whole industry after another.
     
  9. editec
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    editec Mr. Forgot-it-All

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    Poeple speak about Regan as a tax cutter.

    Now go check out how much the social security tax and medicade tax went up during his reign.

    Still think he CUT taxes?

    Well he did if you're a wealthy person, but if you're a working stiff he did EXACTLY the opposite of cutting YOUR taxes.

    Of course, in his defence, had he NOT increased SS taxes, that system would be bankrupted.

    My complaint therefore, isn't that he increase dSS taxes, but instead that he decreased Income taxes on the already wealthy enough.

    Not that I hate the already wealthy enough, merely that by decreasing their taxes he drastically set us up for the increase in national debts.

    And as many of you so correctly point out, it is CONGRESS who writes the laws that spend too much money.

    And here's a clue for you OBAMAhaters.

    The exact same thing can be said for Obama.

    He can PROPOSE but it takes CONGRESS to dispose.
     
  10. Gremlin-USA
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    Gremlin-USA <<< Me in 1970

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    And BO Nomics is working for you?

    Glad it is working for someone


    .
     

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