Reagan Obama and taxes

Discussion in 'Budget & Taxes' started by ARDY, May 26, 2015.

  1. ARDY

    ARDY Well-Known Member Past Donor

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    I thought it might be interesting to analyze the performance of Saint Ronald Reagan and even compare him to the likes of Jimmy carter and the even more profoundly loathed Obama

    Lets begin with
    The Sad Legacy of Ronald Reagan
    From a surprising source
    The libertarian mises institute

    https://mises.org/library/sad-legacy-ronald-reagan-0

    In 1980, Jimmy Caner's last year as president, the federal government spent a whopping 27.9% of "national income" (an obnoxious term for the private wealth produced by the American people). Reagan assaulted the free-spending Carter administration throughout his campaign in 1980. So how did the Reagan administration do? At the end of the first quarter of 1988, federal spending accounted for 28.7% of "national income."

    Even Ford and Carter did a better job at cutting government. Their combined presidential terms account for an increase of 1.4%—compared with Reagan's 3%—in the government's take of "national income." And in nominal terms, there has been a 60% increase in government spending, thanks mainly to Reagan's requested budgets, which were only marginally smaller than the spending Congress voted.
     
  2. ARDY

    ARDY Well-Known Member Past Donor

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  3. 9/11 was an inside job

    9/11 was an inside job Well-Known Member

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    The Reagan apologists cant handle pesky little facts that they were lied to by our corrupt school system and the lamestream media that Reagan betrayed the middle class americans.

    Reagan at the time was the most corrupt president we ever had and each president since then has followed his footsteps.He is worshipped by the media and our schools because he was the grandfather of it all on the destruction of america that each president has followed the footsteps of. Obama said that he would like to follow the footsteps of Reagan in his inagural speech. He has done an excellent job of that so far.:clapping:

    Here is the hard cold facts in this video the Reagan apologists cant get around that he betrayed americans. This is actual footage taken from back then from the 80's reporting how his policys betrayed the middle class.

    https://www.youtube.com/watch?v=jJAbEmyZP0o
     

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