Rshermr
VIP Member
So, Ronald Reagan has been out of the presidency for over 25 years. But every day I here new changes to the history I lived through. And studied. So, what are the truths of Reagan, as opposed to the untrue stories made up to make him look good?
For instance, did anyone notice that the great reagan tax cut of 1981 led to the Reagan Recession of late 1982?
Did anyone notice that his 10.9% unemployment was the second worst recession in the history of the US?
Did anyone notice that he tripled the national debt?
Did anyone notice that Reagan spent more than all presidents before him combined?
Did anyone notice that he greatly increased the size of the federal government?
Did anyone notice that his response to the economy he created by early 1982 was combatted by his team with stimulus spending, in a really big way?
I am not knocking Reagan. I actually voted for him in his first term, but not in his second. And his response to his recession was not a bad thing at all. Stimulus tends to end recessions. Tax cuts do not.
For instance, did anyone notice that the great reagan tax cut of 1981 led to the Reagan Recession of late 1982?
Did anyone notice that his 10.9% unemployment was the second worst recession in the history of the US?
Did anyone notice that he tripled the national debt?
Did anyone notice that Reagan spent more than all presidents before him combined?
Did anyone notice that he greatly increased the size of the federal government?
Did anyone notice that his response to the economy he created by early 1982 was combatted by his team with stimulus spending, in a really big way?
I am not knocking Reagan. I actually voted for him in his first term, but not in his second. And his response to his recession was not a bad thing at all. Stimulus tends to end recessions. Tax cuts do not.