R.I.P. ; Reaganomics

[skookerasbil]

 

[skookerasbil]

 

[there4eyeM]

The fascination with twin - cylinders!

 

[skookerasbil]

 

[skookerasbil]

The fascination with twin - cylinders!

And tell me..........do you know anybody who is going to be more miserable fuck after November 7th???


I love coming in here on a Saturday am and finding this dolt posting up his gay drivel.

 

[Rozman]

August 2, 2012

Stick A Fork In It​

"We’ve given “trickle-down” about thirty years to prove itself, which is enough time to expose the whole thing as a fraud. Far from floating all boats, it’s worked in reverse. We’re more of a banana republic now, in terms of wealth distribution, than we’ve been in anyone’s memory.

Those politicians who so faithfully parrot the “trickle-down” line have been completely bought and paid for by the class they serve."

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heh heh hheh Obamanomics is so much better.

“If you've got a business, you didn't build that. Somebody else made that happen”

Barack Hussein Obama

 

[skookerasbil]

19K posts in 2 years...........well on the way to breaking the record of the other OCD internet nut on here, Truthmatters. Always did wonder if both were feminist bulldogs???

 

[Mr. Shaman]

Funny how republicans are now trying to disown what used to be their most cherished central agenda, free trade agreements, certainly democrats helped but things like NAFTA were born in republican think tanks and pumped by an almost religious belief that removing trade boundaries were a wonderful thing and for some it has been a historic windfall, such as the highly republican members of the US (china) chamber of commerce.

It's even funnier watching your lame asses squirm.

After so many years of blaming Reagan for everything from acne to zippers, it must sting to hear Obama idolize Reagan.

No doubt, it does.....but.......

.....that's POLITICS.....

.....when trying to persuade White Wingers their paranoid-fear o' Blacks is unnecessary.​

 

[editec]

Tickle down never worked.

It works even less well than ever given that the extra money the wealthy now have is not going back in the THIS economy but instead is going into foreigh investments and finanical instruments that do NOT actually DO anything except gamble on debt.

 

[Freewill]

Tickle down never worked.

It works even less well than ever given that the extra money the wealthy now have is not going back in the THIS economy but instead is going into foreigh investments and finanical instruments that do NOT actually DO anything except gamble on debt.

As can, or should, be easily seen by the following chart Reagan ushered in the greatest economic growth in peacetime history. So yes his policies worked very well.

Now as can be seen by this chart which is just during the Obama years it is clear what he has done has not worked it has made things worse, as was predicted.

 

[Truthseeker420]

August 2, 2012

Stick A Fork In It​

"We’ve given “trickle-down” about thirty years to prove itself, which is enough time to expose the whole thing as a fraud. Far from floating all boats, it’s worked in reverse. We’re more of a banana republic now, in terms of wealth distribution, than we’ve been in anyone’s memory.

Those politicians who so faithfully parrot the “trickle-down” line have been completely bought and paid for by the class they serve."

​

no rational person ever believed in trickle down economics but that was not the intention of the policy.

 

[CrusaderFrank]

With an economy this bad Reagan might not get reelected.

Oh, wait!

 

[CrusaderFrank]

Obama represents the final failure of the New Deal/Great Society

 

[hortysir]

With an economy this bad Reagan might not get reelected.

Oh, wait!

 

[Navy1960]

Reagan significantly increased public expenditures, primarily the Department of Defense, which rose (in constant 2000 dollars) from $267.1 billion in 1980 (4.9% of GDP and 22.7% of public expenditure) to $393.1 billion in 1988 (5.8% of GDP and 27.3% of public expenditure); most of those years military spending was about 6% of GDP, exceeding this number in 4 different years. All these numbers had not been seen since the end of U.S. involvement in the Vietnam War in 1973.[12] In 1981, Reagan significantly reduced the maximum tax rate, which affected the highest income earners, and lowered the top marginal tax rate from 70% to 50%; in 1986 he further reduced the rate to 28%.[13] The federal deficit fell from 6% of GDP in 1983 to 3.2% of GDP in 1987.[14] The Federal deficit in Reagan's final budget fell to 2.9% of GDP.[2] The rate of growth in Federal spending fell from 4% under Jimmy Carter to 2.5% under Ronald Reagan.[2] As a short-run strategy to reduce inflation and lower nominal interest rates, the U.S. borrowed both domestically and abroad to cover the Federal budget deficits, raising the national debt from $997 billion to $2.85 trillion.[15] This led to the U.S. moving from the world's largest international creditor to the world's largest debtor nation.[16] Reagan described the new debt as the "greatest disappointment" of his presidency
Reaganomics - Wikipedia, the free encyclopedia

Many economists have stated that Reagan's policies were an important part of bringing about the second longest peacetime economic expansion in U.S. history, and followed by an even longer 1990s expansion that began under George H.W. Bush in 1991.[23][24] This economic expansion continued through the Clinton administration with unemployment rates steadily decreasing throughout his presidency (7.3% at the start of his presidency and 4.2% at the culmination, with the lowest rate reaching 3.9% in 2000).[25] During the Reagan administration, the American economy went from a GDP growth of -0.3% in 1980 to 4.1% in 1988 (in constant 2005 dollars),

Just a thought here, President Reagan and President Clinton both had a much better economy than the one we have today. It is often overlooked that President Reagan not only cut taxes he also raised them on payroll taxes and Social Security taxes on higher income earners amongst other tax increases. However the overall Reagan tax cuts actually resulted in more revenue to the Federal Govt. not less as a result of a broader tax base. The issue with President Reagan was not so much his tax cutting policy which did result in a long period of economic growth , it was massive spending that outpaced revenue. If you could take a both Presidents Reagan and Clinton and form a policy from both of those Presidents, I would submit you would really have something there. Having said all this though, I would submit that our current President, and our last both went completly overboard in the spending department and at the same time paid little if any attention to revenue while our nation was in the process of fighting two wars. So to compare the current President with President Reagan or President Clinton is a bit of a stretch .

 

[Mr. Shaman]

August 2, 2012

Stick A Fork In It​

"We’ve given “trickle-down” about thirty years to prove itself, which is enough time to expose the whole thing as a fraud. Far from floating all boats, it’s worked in reverse. We’re more of a banana republic now, in terms of wealth distribution, than we’ve been in anyone’s memory.

Those politicians who so faithfully parrot the “trickle-down” line have been completely bought and paid for by the class they serve."

​

heh heh hheh Obamanomics is so much better.

“If you've got a business, you didn't build that. Somebody else made that happen”

Barack Hussein Obama​

Stand-bye......

We're watching.....

....1996.....

.....all-over, AGAIN!!!

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[Mr. Shaman]

Tickle down never worked.

It works even less well than ever given that the extra money the wealthy now have is not going back in the THIS economy but instead is going into foreigh investments and finanical instruments that do NOT actually DO anything except gamble on debt.

As can, or should, be easily seen by the following chart Reagan ushered in the greatest economic growth in peacetime history. So yes his policies worked very well.

Now as can be seen by this chart which is just during the Obama years it is clear what he has done has not worked it has made things worse, as was predicted.

Seriously???

Jr. High School projects??!!!

Amazing.....​

 

[Mr. Shaman]

August 2, 2012

Tax-Cut Fairy-Du$t!!​

"President Obama on Thursday once again slammed Mitt Romney for his budget proposal, telling supporters at an Orlando, Fla., campaign event that Republicans "have tried to sell us this trickle-down, tax cut fairy dust before."

"Guess what," the president said, "it didn't work then; it will not work now."

[ame=http://www.youtube.com/watch?v=dIiZka27SR4]Obama slams Romney 'fairy dust' tax cuts - YouTube[/ame]

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[CrusaderFrank]

Obama is a cult.

 

[Mr. Shaman]

Obama is a cult.

[ame=http://www.youtube.com/watch?v=mKKKgua7wQk]SARAH PALIN BOOK SIGNING - Interviews with Supporters - YouTube[/ame]


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