Little-Acorn
Gold Member
I keep hearing from liberals (no surprise), that the economics Reagan relied upon, didn't work. They claim that they benefited only the top few percent of the population.
Reagan was elected in Nov. 1980, took office in 1981, and his first budget become effective in 1982.
How did people's income change from 1982 onward? Don't count "increases" due to inflation, count the REAL increase in what they earned.
In fact, ALL segments of the population increased significantly after Reagan passed his tax cuts, not just "the rich".
Another liberal lie refuted.
Sorry, libs, this blows your entire "Conservatism doesn't work" meme. In fact, conservatism provides more prosperity for ALL income groups, than any other.
(Source: Statistical Abstract of the United States, 2007, Table 678 and calculations)
Reagan was elected in Nov. 1980, took office in 1981, and his first budget become effective in 1982.
How did people's income change from 1982 onward? Don't count "increases" due to inflation, count the REAL increase in what they earned.
In fact, ALL segments of the population increased significantly after Reagan passed his tax cuts, not just "the rich".
Another liberal lie refuted.
Sorry, libs, this blows your entire "Conservatism doesn't work" meme. In fact, conservatism provides more prosperity for ALL income groups, than any other.
(Source: Statistical Abstract of the United States, 2007, Table 678 and calculations)
Last edited: