Reagan Unumployment rate was 10.8% at the End of 82

[The Rabbi]

YouTube - Rachel Maddow Show: Paul Krugman on the Failure of Reagonomics

1. Ronald Reagan attained the presidency following the most inept President in my lifetime, James Carter. 6

Now wait a minute. I will neg rep you for this post. Not because your description of Reagan's policies and their effects are wrong (they aren't) but because you think Carter was the most inept president in your lifetime. And yet here you are living under Obama. He is certainly far more inept. Carter never contemplated anything as stupid as "cash for clunkers".

 

[Wry Catcher]

The best you can do to support your argument is a video by that guy Mr. Maddow? He's a shining example of how people can get educated out of their common sense.

Reading this post provides clear evidence you're an asshole, a bigot and too stupid to offer any evidence to write a counter argument.

 

[The Rabbi]

Shocking, the first responses can only attack the source.

Translation: I cannot support the OP. So I will attack other posters.

 

[The Rabbi]

The best you can do to support your argument is a video by that guy Mr. Maddow? He's a shining example of how people can get educated out of their common sense.

Reading this post provides clear evidence you're an asshole, a bigot and too stupid to offer any evidence to write a counter argument.

And you are????

 

[Truthseeker420]

The best you can do to support your argument is a video by that guy Mr. Maddow? He's a shining example of how people can get educated out of their common sense.

lol Wether you jerk off to her or not Paul Krugman is on the money.

 

[bripat9643]

.......

Referring to the biggest imbecile in economics doesn't help your credibility. Krugman is nothing more than a government lickspittle. Furthermore, "trickle down" is simply a derogatory term for the free market. Anyone using the term is a communist.

 

[Oddball]

The best you can do to support your argument is a video by that guy Mr. Maddow? He's a shining example of how people can get educated out of their common sense.

Reading this post provides clear evidence you're an asshole, a bigot and too stupid to offer any evidence to write a counter argument.

Mirror, mirror, on the wall....

 

[The Rabbi]

The best you can do to support your argument is a video by that guy Mr. Maddow? He's a shining example of how people can get educated out of their common sense.

lol Wether you jerk off to her or not Paul Krugman is on the money.

Paul Krugman? The guy who said a $500B stimulus would be needed to end the recession?? RLY??

 

[asterism]

YouTube - Rachel Maddow Show: Paul Krugman on the Failure of Reagonomics

The results of the implementation? Yes. Spending cuts were supposed to be part of the deal. The same problem exists in Obama's Trickle Up Unemployment, except it was known that there would be no spending cuts.

 

[Truthseeker420]

Debunking the Reagan Myth

Historical narratives matter. That’s why conservatives are still writing books denouncing F.D.R. and the New Deal; they understand that the way Americans perceive bygone eras, even eras from the seemingly distant past, affects politics today.


And it’s also why the furor over Barack Obama’s praise for Ronald Reagan is not, as some think, overblown. The fact is that how we talk about the Reagan era still matters immensely for American politics

Bill Clinton knew that in 1991, when he began his presidential campaign. “The Reagan-Bush years,” he declared, “have exalted private gain over public obligation, special interests over the common good, wealth and fame over work and family. The 1980s ushered in a Gilded Age of greed and selfishness, of irresponsibility and excess, and of neglect.”

Contrast that with Mr. Obama’s recent statement, in an interview with a Nevada newspaper, that Reagan offered a “sense of dynamism and entrepreneurship that had been missing.”

Maybe Mr. Obama was, as his supporters insist, simply praising Reagan’s political skills. (I think he was trying to curry favor with a conservative editorial board, which did in fact endorse him.) But where in his remarks was the clear declaration that Reaganomics failed?

Debunking the Reagan Myth - New York Times

Forum policy concerning copyright, to be found HERE, prohibits the posting of copyrighted material in its entirety.

~Oddball

 

[Oddball]

Of course, the rodential NY Slimes op-ed fifth columnist conveniently omits that spending reduction was part of the Reagan formula.

Then again, little details like this are oh-so inconvenient to cheap propagandists of his ilk.

 

[confussed]

Reaganomics worked very well until the 90's, that's when the great migration of American light manufactoring and lumber industries jobs were moved overseas, by wall st and our elected officials.
So in theory reaganomics can work if you have the jobs to support it. But we don't have that anymore right now do we. And the argument that the rich create jobs is pure B/S. They are investing overseas like everyone else with money. The more you shrink the middle class the more you screw up this nation.
Take your statistics and wipe your nose with them, Clinton coudn't balance the budget without the republican tax hikes in the 80's and 90's. That's only part of the problem we face today.

 

[Wry Catcher]

YouTube - Rachel Maddow Show: Paul Krugman on the Failure of Reagonomics

1. Ronald Reagan attained the presidency following the most inept President in my lifetime, James Carter. Confronting real problems in the areas of foreign and domestic policy, and possibly the most palpable, the economic situation. “Reaganomics” was his plan to fight slow growth and high inflation. The four elements of the plan:
a. A restrictive monetary policy to stabilize the dollar and end inflation.
b. A 25% tax cut to all income levels.
c. A promise to cut domestic spending to balance the budget.
d. An easing of government regulation.

2. He was successful in the first two of the four. Volcker doubled the fed funds rate in one year, reaching 20% in 1981. Historical Changes of the Target Federal Funds and Discount Rates - Federal Reserve Bank of New York
And the tax cuts of the Economic Recovery Act of 1981 stimulated economic growth. “As a 1982 JEC study pointed out,[1] similar across-the-board tax cuts had been implemented in the 1920s as the Mellon tax cuts, and in the 1960s as the Kennedy tax cuts. In both cases the reduction of high marginal tax rates actually increased tax payments by "the rich," also increasing their share of total individual income taxes paid.” The Reagan Tax Cuts: Lessons for Tax Reform

“As inflation came down and as more and more of the tax cuts from the 1981 Act went into effect, the economic began a strong and sustained pattern of growth.” US Department of the Treasury

2. The benefits from Reaganomics:

a. The economy grew at a 3.4% average rate…compared with 2.9% for the previous eight years, and 2.7% for the next eight.(Table B-4)

b. Inflation rate dropped from 12.5% to 4.4%. (Table B-63)

c. Unemployment fell to 5.5% from 7.1% (Table B-35)

d. Prime interest rate fell by one-third.(Table B-73)

e. The S & P 500 jumped 124% (Table B-95) Economic Report of the President: 2010 Report Spreadsheet Tables

f. Charitable contributions rose 57% faster than inflation. Dinesh D’Souza, “Ronald Reagan: How an Ordinary May Became an Extraordinary Leader,” p. 116

Half-truths x ( - cause and effect evidence) = - propaganda.

Does a man make history, or does history make the man?
(an essay question from a lower division history course)

PC argues the former, without evidence or documentation.

Leaving out the economic situaton faced by Carter (Stagflation, see Ford & WIN program); the oil embargo and the Iran Revolution/Embassy takeover she fully ignores the massive debt created by Reagan's support for the war machine, his attack on unions, failure to take a growing drug and AIDS epidemic serously and the crash of 1987, PC provides a good story. As usual one not very honest.

 

[PoliticalChic]

YouTube - Rachel Maddow Show: Paul Krugman on the Failure of Reagonomics

1. Ronald Reagan attained the presidency following the most inept President in my lifetime, James Carter. 6

Now wait a minute. I will neg rep you for this post. Not because your description of Reagan's policies and their effects are wrong (they aren't) but because you think Carter was the most inept president in your lifetime. And yet here you are living under Obama. He is certainly far more inept. Carter never contemplated anything as stupid as "cash for clunkers".

You've got one dang good point there, Rab....

What was I thinking?????

 

[PoliticalChic]

The best you can do to support your argument is a video by that guy Mr. Maddow? He's a shining example of how people can get educated out of their common sense.

lol Wether you jerk off to her or not Paul Krugman is on the money.

1. "I have to say, when I look at [Paul] Krugman and Jonathan Alter, with his advice and the president. Don't let this go to waste --let's make it like Oklahoma City, and Krugman who is just a flat-out asshole, I'm sorry, these people what they did," Democratic pollster Pat Caddell said on FOX News' "Red Eye."
John Lott's Website

2. From reviews of “The Conscience of a Liberal,” by Paul Krugman:

a. The whole premise of the New Deal being the solution to the Great Depression ignores the fact that the New Deal was a failure, and that the economy did not rebound until after the massive government spending of WW2 and the foreign demand created by the damaged infrastructure overseas.


b. Collectivism - he takes it for granted. If you're looking for strong arguments in support of totalitarian collectivism, you won't find them here. He assumes he has the right to impose his morality on the nation, and bases his entirely dishonest picture of liberalism on a false dichotomy.


c. This book didnt help me win a single argument against a conservative. Every time I tried to ignore a fact or change the subject (recommended tactics), it only made me look uninformed. I still cant believe conservatives dont believe in hope and change, (awesome sounding words). They actually resolve to use logic and reality, (outdated and over rated), and it really is infuriating.
Hopefully we can start to ban conservative thoughts and ideals with the fairness doctrine, and eventually we can win the intelectual battles.

 

[signelect]

Regan does continues to do more good dean than POTUS does alive. What is wrong with us.

 

[Oddball]

The best you can do to support your argument is a video by that guy Mr. Maddow? He's a shining example of how people can get educated out of their common sense.

lol Wether you jerk off to her or not Paul Krugman is on the money.

1. "I have to say, when I look at [Paul] Krugman and Jonathan Alter, with his advice and the president. Don't let this go to waste --let's make it like Oklahoma City, and Krugman who is just a flat-out asshole, I'm sorry, these people what they did," Democratic pollster Pat Caddell said on FOX News' "Red Eye."
John Lott's Website

2. From reviews of “The Conscience of a Liberal,” by Paul Krugman:

a. The whole premise of the New Deal being the solution to the Great Depression ignores the fact that the New Deal was a failure, and that the economy did not rebound until after the massive government spending of WW2 and the foreign demand created by the damaged infrastructure overseas.


b. Collectivism - he takes it for granted. If you're looking for strong arguments in support of totalitarian collectivism, you won't find them here. He assumes he has the right to impose his morality on the nation, and bases his entirely dishonest picture of liberalism on a false dichotomy.


c. This book didnt help me win a single argument against a conservative. Every time I tried to ignore a fact or change the subject (recommended tactics), it only made me look uninformed. I still cant believe conservatives dont believe in hope and change, (awesome sounding words). They actually resolve to use logic and reality, (outdated and over rated), and it really is infuriating.
Hopefully we can start to ban conservative thoughts and ideals with the fairness doctrine, and eventually we can win the intelectual battles.

The book is a total lie from its very title.

Libroidals like Krugman have no conscience whatsoever.

 

[PoliticalChic]

YouTube - Rachel Maddow Show: Paul Krugman on the Failure of Reagonomics

1. Ronald Reagan attained the presidency following the most inept President in my lifetime, James Carter. Confronting real problems in the areas of foreign and domestic policy, and possibly the most palpable, the economic situation. “Reaganomics” was his plan to fight slow growth and high inflation. The four elements of the plan:
a. A restrictive monetary policy to stabilize the dollar and end inflation.
b. A 25% tax cut to all income levels.
c. A promise to cut domestic spending to balance the budget.
d. An easing of government regulation.

2. He was successful in the first two of the four. Volcker doubled the fed funds rate in one year, reaching 20% in 1981. Historical Changes of the Target Federal Funds and Discount Rates - Federal Reserve Bank of New York
And the tax cuts of the Economic Recovery Act of 1981 stimulated economic growth. “As a 1982 JEC study pointed out,[1] similar across-the-board tax cuts had been implemented in the 1920s as the Mellon tax cuts, and in the 1960s as the Kennedy tax cuts. In both cases the reduction of high marginal tax rates actually increased tax payments by "the rich," also increasing their share of total individual income taxes paid.” The Reagan Tax Cuts: Lessons for Tax Reform

“As inflation came down and as more and more of the tax cuts from the 1981 Act went into effect, the economic began a strong and sustained pattern of growth.” US Department of the Treasury

2. The benefits from Reaganomics:

a. The economy grew at a 3.4% average rate…compared with 2.9% for the previous eight years, and 2.7% for the next eight.(Table B-4)

b. Inflation rate dropped from 12.5% to 4.4%. (Table B-63)

c. Unemployment fell to 5.5% from 7.1% (Table B-35)

d. Prime interest rate fell by one-third.(Table B-73)

e. The S & P 500 jumped 124% (Table B-95) Economic Report of the President: 2010 Report Spreadsheet Tables

f. Charitable contributions rose 57% faster than inflation. Dinesh D’Souza, “Ronald Reagan: How an Ordinary May Became an Extraordinary Leader,” p. 116

Half-truths x ( - cause and effect evidence) = - propaganda.

Does a man make history, or does history make the man?
(an essay question from a lower division history course)

PC argues the former, without evidence or documentation.

Leaving out the economic situaton faced by Carter (Stagflation, see Ford & WIN program); the oil embargo and the Iran Revolution/Embassy takeover she fully ignores the massive debt created by Reagan's support for the war machine, his attack on unions, failure to take a growing drug and AIDS epidemic serously and the crash of 1987, PC provides a good story. As usual one not very honest.

Very foolish attempt to support your left-wing fantasies, Wry.

1. "...without evidence or documentation..."
Did you fail to notice the links in my post?
Clean off those specs.

2. "...without evidence or documentation..."
And yours is ......where?

3. A great President has vision, and that of President Reagan saved not only the United States, but the entire world, including the oppressed people of Eastern Europe. This is what he purchased with the increased spending for defense.

You, and Jimmy Carter should go out and get the game of "Clue" and play it a few time.

Did you notice that I didn't claim that you were dishonest? That is the hallmark of the Left.

 

[Truthseeker420]

YouTube - Rachel Maddow Show: Paul Krugman on the Failure of Reagonomics

The results of the implementation? Yes. Spending cuts were supposed to be part of the deal. The same problem exists in Obama's Trickle Up Unemployment, except it was known that there would be no spending cuts.

Trickle Up Unemployment? please expound on that.

 

[DiamondDave]

Shocking, the first responses can only attack the source.

Cough **Fox News** Cough