owebo
Gold Member
How poor is the person who employes you?Again....more of your made up false narratives. Raising taxes did not improve the economy. Why the fuck would it?!? How does putting less money in the pockets of the people, giving them less money to purchase goods and service, improve an economy?
Of course it does... Clinton raised Taxes on the wealthy, and the economy boomed.
You see, when you tax the rich and spend the money creating jobs building infrastructure and providing services, that infuses money back into the economy.
In fact, we have never gotten out of a recession without a spurt of government spending. Reagan might have taxed like a Supply Sider, but that senile old cocksucker spent like a Keynesian.
There was no "snake oil". You have to lie 24x7 because the facts (which I posted in another thread) all show that Reagan's plan was an astounding success. From the second worst economy in U.S. history (second only to the Great Depression and far worse than the one Obama inherited) to one of the most successful economies in U.S. history.
Actually, what you leave out is how much Reagan increased government spending, mostly on worthless military crap, but it was still an increase in spending. It's why he tripled the national debt in 8 years.
It should also be pointed out that a lot of the pain of the 1980-1983 recession was because of policies Reagan encouraged. YOu see, if you were old enough to remember, the biggest concern at the time was not unemployment, it was double digit inflation, and the federal reserve kept interest rates high with the intention of encouraging unemployment to bring down wages.
The reality is, Reagan's terms SUCKED for working people.
You see, this is what you don't get, Short Pants. the economy has to work for everyone, not just for the rich.