While not taking anything away from Reagan's successes, kids were still doing duck and cover drills in the school due to escalation of the cold war and there was no consistent policy evident from the White House which was noted by a much more friendly press for Reagan than Trump had as Trump had 98% negative press.
Yes we were. However this is part of the reason I say that Reagan is our nations finest all time president. He caused us to stop ducking and covering. The Soviets were essentially coming up our way first from South America and into Mexico. The Soviet Union was a gigantic hostile place. Reagan freed up a large part of Earth. And he did not need to do it using guns and bombs.
Just as Trump got Kim to stop firing provocative missiles over South Korea and Japan, the war in Syria ended, the war in Afghanistan was being wound down responsibly and safely with the Taliban firmly in check, China/Russia/Iran all stopped saber rattling, other than a very few minor quick border skirmishes no new hostilities started up, and four Arab nations made trade/peace treaties with Israel. And we were enjoying world peace at a level none of us had ever experienced.
You destroyed NOTHING, but a few more of your brain cells.
That's because at the time that Kennedy cut taxes, the economy was booming and could afford to make the cuts. Top tax rates were too high, and hadn't been cut since the Great Depression. Roosevelt, Truman and Eisenhauer built the transportation and infrastructure of the nation.
From a 2017 article on the Kennedy Tax Cuts:
"The economy also boomed after the tax cut, but the cause and effect is disputed. When the Congressional Budget Office examined the question in 1978, it concluded that “most of this rise [in revenues] was due to economic growth that would have taken place even without the tax cut.” The tax cut reduced revenues by $12 billion on an annual basis, but CBO models indicated that only between $3 billion and $9 billion was recaptured through additional revenue."
The current corporate tax rate is 22% and Trump wants to cut it further. It was 52% when Kennedy was in office - more than double today's rate. The top personal rate was 91%, again more than double today's rate of 35%,
The revenue boom after Trump cut corporate taxes related to another section of the tax cut bill, which allowed corporations to pay a one-time 10% repatriation tax on corporate revenues held in offshore accounts. Corporations like Apple, Walmart, and other large multinationals with substantial foreign reserves, quickly repatriated these profits, and used them to aid in stock buy-backs.
What is the TCJA repatriation tax and how does it work?
taxpolicycenter.org
Corporations have been awash with cash since W was in office, and really didn't need the tax cuts. Workers needed higher wages, which Trump promised them would happen from the tax cuts, but the workers are still waiting.
You excuse previous verifiable PROOF as Jokes or Sarcasm.
Assuming that is an actual photo and not photoshopped, it certainly doesn't indicate narcissism for somebody campaigning to be President. Due to the poor definition of the photo though, my vote is photoshopped. Especially since the only place Google can find it is on a TDS troll post on X.
Why does EVERYTHING have to be a denial.
I caught you. Say, why when President Kennedy slashed taxes a super high amount, why didn't he wreck the economy? I don't believe any Republican slashed them down as JFK did.
When Obama slashed taxes, under your theory, the economy went bust.
He's one of those fools who thinks if he holds his breath and passes out I would give a damn.
