You are wrong. Reagan was not in the Federal Reserve.
Where do you think that trillion dollars came from, if not the Federal Reserve and Reagans 17 debt ceiling increases?
Reagan signed bills. Others created them.
Correct. Reagan signed those spending bills. And my signing them into law, that made him as much, if not more responsible for them becoming law. In this case, it makes him just as bad as the congress that passed the bills.
Gingrich was marvelous for this country. Clinton himself was a tar baby.
None the less, it was a good combination that benefitted the value of the USD and the American people. Our currency was stronger because of their actions.
The only issue for you is spending. But you totally ignore the way the Democrats work.
I don't ignore anything. Especially the way the democrats help ruin our USD. I don't support RINO's like Trump for the same reason I don't support the democrats. They simply spend too much, and destroy the value of the USD.
And yeah, I do focus on spending a lot, Because government spending is what creates inflation. And that affects every single American and our allies on a daily basis. From the cost of goods to our manufacturers being able to compete on the global market (jobs jobs jobs). Everything that money touches, has to do with government spending. From your grocery bill to your rent or mortgage payments.
Reagans change in laws actually greatly had a role in causing the Feds to increase their revenue at a fast rate.
No it didn't. What you're talking about was a short term gain. That trillion dollars he dumped into the economy, only made things look good, for a short time. The end result was the currency lost value for every single American in this country.
It's retarded to cut taxes and increase spending. The end result is higher inflation and a debased currency value. This is why the Fed wanted to increase interest rates and why they had to increase taxes 4 times, after Reagans tax cuts. To try and keep the USD value high and stable.
You seem like a person who would enjoy reading a super book about Reagan. Called Reagan, the man and his presidency. In the book, the two authors, married to each other, would actually interview those who knew Reagan plus those in his Cabinet. The passages were by the people who worked for Reagan. It is a very informative book.
View attachment 910206
Amazon
https://www.amazon.com › Reagan-Presidency-Debora...
This book is
a very good reference on
Reagan's presidency based on interviews of members of
his administration, critics ,and family.
Rating: 4.8 · ‎ 4 reviews
I've read enough about Reagan to know he wasn't the fiscal conservative he portrayed on TV (as president).
Spent over $1 trillion (which would be a couple trillion in todays times)
Increased the debt ceiling 17 times
Increased the size and scope of government
Gave amnesty to about 6 million illegals.
Supported gun restrictions.
Gave us 1 tax cut and 4 tax increases
Over inflated the currency value.
That's a full fledged RINO. (CINO being the more accurate acronym)