REAGAN the movie

[Robert W]

Ronald Reagan gave the united states it's very best president with every other president correctly examined.

I watched Reagan this past week on my own TV. It cost me $9.99.
I already understood the Reagan as Governor and as President so it took me some time to agree to pay for the movie. So my only disappointment with the movie is they had Reagan apologizing for helping the Contras. All in all it presents Reagan as our best all time President primarily because of his war on the Communists. Communist lovers will hate the movie.

 

[Robert W]

I am in favor of steep tax increases for the rich.

They are already super steep. And due to the rich, this country thrives due to the rich providing almost all of the jobs to Americans.

 

[Robert W]

kind of wrong, such as his anti-union stance,

Reagan was not anti union at all. He had presided over a union as their president prior to him being governor that led to him being our nation,s most revered president ever.

I was a pilot when he fired the air traffic controllers though a lot of the traffic controllers went back to work as they were not who got fired. First they had a no strike agreement in effect. They were highly paid as I learned when being the agent of one of them who did not lose his job. Reagan was in favor of safety so when the violated their own agreement, they had to be fired by Reagan. But he did warn them first.

 

[Robert W]

Yea, I remember when the far left extremist Democrats were trying to help the blood thirsty marxist dictators in central america.

I also remember that clearly. It was after I had quit the Democrats and voted for Reagan. Reagan is this nation's finest of all presidents.

 

[Hector12]

They are already super steep. And due to the rich, this country thrives due to the rich providing almost all of the jobs to Americans.

When the Second World War ended in 1945 the national debt as a percentage of gross domestic product (GDP) was 114%.

President Jimmy Carter's last year in office was 1980. by then the national debt as a percentage of GDP had declined to 32%. It had declined during most of the years during the War in Korea and the War in Vietnam.

During this time the top marginal tax rate never got below 70%, and was often as high as 92.0%.

U.S. National Debt by Year

The U.S. national debt grew to a record $34 trillion by the end of 2023. It was just $16 billion in 1930.

www.thebalancemoney.com

https://www.irs.gov/pub/irs-soi/02inpetr.pdf

President Reagan reduced the top tax rate to 28%. By 1988, which was his last year in office, the national debt as a percentage of GDP grew to 50%.

The following graph shows that most Americans did not benefit from Reagan's tax cuts for the rich.

The following graph demonstrates that the number of factory jobs, which reached their highest level when Carter was president, declined during the Reagan administration.

The top tax rate has fluctuated since 1988. It has never reached the 70% it was under President Carter.

President Bill Clinton did raise the top tax rate slightly. As a result, there was a decline in yearly deficits.

The national debt increased dramatically under President Trump, as it always does when Republicans cut taxes for the rich.

During the last year of Trump's presidency the national debt as a percentage of GDP grew to 129%. After two years of Biden's presidency this declined to 123%.

 

[Hector12]

Reagan was not anti union at all. He had presided over a union as their president prior to him being governor that led to him being our nation,s most revered president ever.

I was a pilot when he fired the air traffic controllers though a lot of the traffic controllers went back to work as they were not who got fired. First they had a no strike agreement in effect. They were highly paid as I learned when being the agent of one of them who did not lose his job. Reagan was in favor of safety so when the violated their own agreement, they had to be fired by Reagan. But he did warn them first.

President Reagan's offenses consisted of reducing the top tax rate from 70% to 28% and not increasing the minimum wage.

 

[Robert W]

President Reagan's offenses consisted of reducing the top tax rate from 70% to 28% and not increasing the minimum wage.

Reagan actually collected more revenue than had Carter. Why do you suppose Carter converted me, then a Democrat to being a Republican?

 

[Hector12]

Reagan actually collected more revenue than had Carter. Why do you suppose Carter converted me, then a Democrat to being a Republican?

Then why did the national debt rise from $908 billion in 1980 to $2,602 billion in 1988?

U.S. National Debt by Year

Anyone with an accurate memory of the Reagan administration knows that it was not a time for bold new initiatives in domestic spending. it certainly was not a time for renewed efforts to end poverty and racial inequality.

 

[Robert W]

Then why did the national debt rise from $908 billion in 1980 to $2,602 billion in 1988?

U.S. National Debt by Year

Anyone with an accurate memory of the Reagan administration knows that it was not a time for bold new initiatives in domestic spending. it certainly was not a time for renewed efforts to end poverty and racial inequality.

Biden hiked the Debt a lot more.

How did Reagan boost the economy?


The pillars of Reagan's economic policy included increasing defense spending, balancing the federal budget and slowing the growth of government spending, reducing the federal income tax and capital gains tax, reducing government regulation, and tightening the money supply in order to reduce inflation.

Reaganomics - Wikipedia​

Wikipedia
https://en.wikipedia.org › wiki › Reaganomics

In 1980, the year before Reagan became president, the Congressional Budget Office reported: “During much of the past decade, many taxpayers have found themselves paying larger fractions of their incomes to the federal government in income taxes.” Double-digit inflation in the late 1970s pushed American families into ever-higher tax brackets (there were 15 at the time). This process, called “bracket creep,” drove up taxes almost 50% faster than inflation, enriching the government while impoverishing workers.

Thus even though the 1970s were the postwar era’s weakest decade of economic growth up to that point, federal revenue doubled between 1976 and 1981. Inflation averaged 9.7% during the economic malaise of 1977-80, while government revenue grew by an astonishing 14.8% a year, even as economic growth rates fell steadily and turned negative in 1980.

That same year the CBO estimated that inflation and bracket creep would automatically increase revenue by 2.7% of gross national product by 1985. Today, that would translate into some $500 billion a year—almost eight times as large as President Obama’s 2013 tax increase. But the CBO warned that this would push the tax burden to “an unprecedented level, constituting a significant fiscal drag on the economy.” The CBO humanized the problem by reporting that with the 1980 inflation rate of 13.3%, the tax liability on families of four with incomes between $15,000 and $50,000 (equivalent to roughly $50,000 to $150,000 today) increased by an average of 23%. The poverty rate surged and average family income after inflation dropped by a whopping 8.9%. Just as the CBO predicted, the unprecedented tax burden choked off economic growth, pushing the U.S. into the double-dip recession of 1980-82.

Critics of the Reagan tax cuts today compare the 11.6% growth in federal revenue in 1980, the last year of the Carter administration, with the decline in revenue in 1983. They then declare that the Reagan tax cuts slashed federal revenue. Conveniently missing in that comparison is that the 1980-82 recession, with 10.8% unemployment, reduced federal revenue twice as much as the Joint Committee on Taxation estimated the Reagan tax cuts would in 1982 and 15% more than its estimate for 1983.

What’s more, the expectations of rising revenue during the early Reagan years were based on the assumption that inflation and bracket creep would not let up. In 1981, all public and private economic forecasts predicted continued high inflation. The opposite occurred. As inflation plummeted from the CBO’s projected average annual rate of 8.3% for 1982-86 to an average of 3.8%, revenue compared with projections tumbled $22 billion in 1982 and $70.4 billion in 1983 solely because of reduced inflation and bracket creep. The Joint Committee on Taxation’s static cost estimate of the Reagan tax cuts was $37.6 billion in 1982 and $92.7 billion in 1983. In other words, the collapse of inflation and bracket creep and the double-dip recession caused revenue losses more than twice as big as the projected static cost of the Reagan tax cuts.

The Reagan tax cuts were implemented in three installments, with the top marginal rate falling to 50% from 70%. When the reductions were fully in effect in 1983, the economy snapped out of the recession, and real growth averaged 4.6% for the remainder of the Reagan presidency—more than his much-maligned “rosy scenario” ever promised. In 1984, a final good-government tax provision—indexing individual brackets for inflation and thereby eliminating bracket creep—was implemented. Although indexing reduced revenue, it was overpowered by surging economic growth. Then the 1986 tax reform cut subsidies and special-interest provisions, lowered the top individual tax rate to 28%, dropped the top corporate tax rate to 34% from 46%, and provided additional incentives to work, save and invest.

When Reagan left office, real federal revenue was more than 19% higher than it was the day of his first inauguration. A major recession had been overcome, inflation had been broken, the tax code had been indexed to eliminate bracket creep, and the largest tax cut of the postwar era had been implemented. The Reagan tax cuts and the boom they created stand as the most successful policy initiative and recovery of the postwar era—the polar opposite of Mr. Obama’s program and economy.

 

[Hector12]

Biden hiked the Debt a lot more.

How did Reagan boost the economy?


The pillars of Reagan's economic policy included increasing defense spending, balancing the federal budget and slowing the growth of government spending, reducing the federal income tax and capital gains tax, reducing government regulation, and tightening the money supply in order to reduce inflation.

​

Reagan did not balance the Federal budget. The economic growth that happened during his administration only benefitted the best paid 20% of the population.

The number of factory jobs declined when Reagan was president.

 

[Robert W]

Reagan did not balance the Federal budget. The economic growth that happened during his administration only benefitted the best paid 20% of the population.

So long as Democrats are elected, we might as well forget having a balanced budget. Clinton gets credit for one but had you studied his proposed budget, he never predicted he would ever have one. It was the now forgotten Dot.com boom that gave Clinton a lot more revenue in taxes and not his policies working. The public went wild over Dot.coms and buying and selling that stock forced a lot more taxes to be sent to the boys in DC.

What Reagan did for the USA is yank us out of what Carter called a Malaise economy he never was able to fix and Carter pulled me away from him to Reagan and thank god Carter also did that for millions of Americans and gave us President Reagan, this nations best of all presidents.

Though Reagan as did Kennedy ahead of him slash income taxes, as Reagan forecast the feds actually collected hundreds of millions more revenue and at the same time Reagan caused the grace commission to come to him with proven ways to save taxpayers money spent on Government. The reductions gained by Reagan are still with us in fact.

 

[Hector12]

So long as Democrats are elected, we might as well forget having a balanced budget. Clinton gets credit for one but had you studied his proposed budget, he never predicted he would ever have one. It was the now forgotten Dot.com boom that gave Clinton a lot more revenue in taxes and not his policies working. The public went wild over Dot.coms and buying and selling that stock forced a lot more taxes to be sent to the boys in DC.

What Reagan did for the USA is yank us out of what Carter called a Malaise economy he never was able to fix and Carter pulled me away from him to Reagan and thank god Carter also did that for millions of Americans and gave us President Reagan, this nations best of all presidents.

Though Reagan as did Kennedy ahead of him slash income taxes, as Reagan forecast the feds actually collected hundreds of millions more revenue and at the same time Reagan caused the grace commission to come to him with proven ways to save taxpayers money spent on Government. The reductions gained by Reagan are still with us in fact.

 

[Robert W]

View attachment 1037683

You will notice I seldom if ever use Memes as any evidence.

 

[Cellblock2429]

Edited content of an email I've sent out.
......

This sort of slipped in under my radar and it might have done the same for you.
Ronald Reagan is considered by many as one of our best Presidents and this biopic looks to do a fairly good job of portraying the man who played a major role shaping our world today.
I'm not certain when, which showing I'm going to at the Barkley theaters, but the extra warm weather gives added incentive to an afternoon in AC, catching what looks to be an enjoyable and informative movie.
Some links to the trailer and reviews, etc. Note that while the critics aren't rating this well, to be expected by their predictable political leanings, the audience reviews are in the 4-5 star range mostly.

Reagan (2024) 6.2 | Biography, Drama, History

	Reagan (2024) Reagan: Directed by Sean McNamara. With Dennis Quaid, Mena Suvari, C. Thomas Howell, Penelope Ann Miller. A drama based on the life of Ronald Reagan, from his childhood to his time in the oval office. www.imdb.com

Reagan (2024) Movie Tickets & Showtimes Near You

Reagan (2024) Movie Tickets & Showtimes Near You Buy Reagan (2024) tickets and view showtimes at a theater near you. Earn double rewards when you purchase a ticket with Fandango today. www.fandango.com

Reagan (2024) 6.2 | Biography, Drama, History

	Reagan (2024) Reagan: Directed by Sean McNamara. With Dennis Quaid, Mena Suvari, C. Thomas Howell, Penelope Ann Miller. A drama based on the life of Ronald Reagan, from his childhood to his time in the oval office. www.imdb.com

'Rotten Tomates predicatable;
Critics Consensus
While Reagan the movie undoubtedly admires Reagan the man, its cloying and glossy rendering of history flattens the 40th U.S. President into caricature.
yet also in the link this;

Synopsis

From dusty small-town roots, to the glitter of Hollywood, and then on to commanding the world stage, REAGAN is a cinematic journey of overcoming the odds. Told through the voice of Viktor Petrovich, a former KGB agent whose life becomes inextricably linked with Ronald Reagan's when Reagan first caught the Soviets' attention as an actor in Hollywood, this film offers a perspective as unique as it is captivating. Dennis Quaid brings to life a story that transcends the boundaries of a traditional biopic, offering a profound exploration of the enduring impact of the power of one man who overcame the odds, sustained by the love of a woman who supported him in his journey.
Reagan (2024) | Rotten Tomatoes
Everything You Need to Know About Reagan Movie (2024): Jul. 8, 2024 - changed the status of Ralph Winter to Current - Movie Insider

Everything You Need to Know About Reagan Movie (2024): Jul. 8, 2024 - changed the status of Ralph Winter to Current - Movie Insider Reagan in US theaters August 30, 2024 starring Jon Voight, Dennis Quaid, David Henrie, Penelope Ann Miller. From dusty small-town roots, to the glitter of Hollywood, and then on to commanding the world stage, REAGAN is a cinematic journey of overco

Given it's from the LA Times, predictable Leftist twist, but worth a read to see what sensitive issues the move touchs from the other side of the political divide.
Review: A worshipful biopic of the 40th president, 'Reagan' is historical hooey — and a slog too

Review: A worshipful biopic of the 40th president, 'Reagan' is historical hooey — and a slog too There’s political idolatry, and then there’s the canonization in movie's clothing that is Sean McNamara’s faith-tinged bio-epic “Reagan,” starring Dennis Quaid as the 40th president. www.latimes.com

Anyway, I've most often enjoyed the films the critics don't, but then don't have their slanted view of reality.

So, submitted for your consideration and I'd encourage share this opportunity with you friends and contacts list. It appears to have a short timeline/limited engagement at the theaters.
......
I'll likely go tomorrow to see it. Back with a personal view afterwards.

/---/ I saw it, and it was sympathetic towards Reagan. I expected a hit piece. I guess they were targeting the audience who had broad support for Reagan.

 

[Robert W]

/---/ I saw it, and it was sympathetic towards Reagan. I expected a hit piece. I guess they were targeting the audience who had broad support for Reagan.

Here is what democrats crave. A very active powerful Federal Government that runs all over the public and their states. Super high taxes is it's primary aim. I swear to god they have no clue what a great president is. Ronald Reagan rates number 1 for me and millions of his fans.

 

[Cellblock2429]

Here is what democrats crave. A very active powerful Federal Government that runs all over the public and their states. Super high taxes is it's primary aim. I swear to god they have no clue what a great president is. Ronald Reagan rates number 1 for me and millions of his fans.

/---/ Reagan was a such a great president, even RINOs hated him.