Failures of Reaganomics

[Procrustes Stretched]

http://crooksandliars.com/jon-perr/reagan-proved-deficits-dont-matter

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[Procrustes Stretched]

Very few people die from cancer the second they are diagnosed.
Reagan's policies, which would destroy our economy in the long run, did not begin to rear their ugly consequences until Senior Bush was in office.

Very few people are stupid enough to buy that. I'm not even sure you do. First we are told by the leftwing propagandist that Reagan's policies (aka trickle down economics) doesn't work. Now it's that it hurt us in the long run and didn't start until GHW Bush was in office. Which is it?

Look, it's obvious to anyone that even remotely knows what's going on that things are not working. The economy is still limping along when historically we would have bounced back long ago. You people want to blame Reagan, I guess because the Bush bashing is falling on deaf ears at this point, and want to ignore the fact that the big government tax and spend and regulate, regulate, regulate business has a detrimental effect on the economy. We get it.

The economy needs a healthy business climate to prosper. It's a no brainer and even countries like China figured it out and as capitalism increases so does their economy. Not that we should be China (just so you don't play that game) the point is that when business increases the economy improves. You can deny it all you want but it but it's a fact proven all over the world, especially here.

If liberal policies worked we would have surely seen it by now. And the longer we go down this road the worse it gets and finding alternative explanations helps no one.

Liberal policies are working. After a disastrous economic melt down (world wide) the US is slowly recovering.

Slowly yes, but recovering. Worldwide we are doing better than nations tht have tried conservative solutions.

Why do wingnutty cons like you always predictably post things out of context and lie through omission? Oh yeah, because reality bites

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[Iceweasel]

Ahem:
"Reagan," Vice President Dick Cheney famously declared in 2002, "proved deficits don't matter." Unless, that is, a Democrat is in the White House. After all, while Ronald Reagan tripled the national debt and George W. Bush doubled it again,

How good of you to not put it in context and add your edition to it. Plus you overlooked that all presidents have added to it and especially Obama. Are you guys missing a gene or something?

 

[Iceweasel]

Liberal policies are working. After a disastrous economic melt down (world wide) the US is slowly recovering.

Slowly yes, but recovering. Worldwide we are doing better than nations tht have tried conservative solutions.

Why do wingnutty cons like you always predictably post things out of context and lie through omission? Oh yeah, because reality bites

No, the recovery is almost flat and we've had 5 years of liberal policies at this point. We don't need more of your kind of success. Which country has failed by trying conservative solutions? You had a childish insult instead of evidence. That might work in your schoolyard but it doesn't mean shit here.

 

[The Rabbi]

Ahem:
"Reagan," Vice President Dick Cheney famously declared in 2002, "proved deficits don't matter." Unless, that is, a Democrat is in the White House. After all, while Ronald Reagan tripled the national debt and George W. Bush doubled it again,

How good of you to not put it in context and add your edition to it. Plus you overlooked that all presidents have added to it and especially Obama. Are you guys missing a gene or something?

It's talking point #105. They can't change it without authorization from Organizing for America.

 

[Iceweasel]

Ahem:
"Reagan," Vice President Dick Cheney famously declared in 2002, "proved deficits don't matter." Unless, that is, a Democrat is in the White House. After all, while Ronald Reagan tripled the national debt and George W. Bush doubled it again,

How good of you to not put it in context and add your edition to it. Plus you overlooked that all presidents have added to it and especially Obama. Are you guys missing a gene or something?

It's talking point #105. They can't change it without authorization from Organizing for America.

They're all clones! You talk to one lib you talked to them all.

 

[Dot Com]

Reaganomics was merely crony capitalism/wealth redistribution from the tax payers to the arms manufacturers on a grand scale. Been there, done that, got the tee shirt, & where did it get us? Arms manufacturers being permanently affixed to the gov't teet & owning politicians through their lobbyists is where.

 

[Iceweasel]

Reaganomics was merely crony capitalism/wealth redistribution from the tax payers to the arms manufacturers on a grand scale. Been there, done that, got the tee shirt, & where did it get us? Arms manufacturers being permanently affixed to the gov't teet & owning politicians through their lobbyists is where.

So Obama is practicing Reaganomics? Further proof that liberals live in a parallel universe.

 

[Dot Com]

reality, look into it.

43 blew $3.5- 8 TRILLION (to the arms manufacturers, mercenaries, Halliburtons, etc...) when you add in healthcare at the VA for life for returning vets as well.

44? Out of vietraq & transitioning out of afghanistan.

 

[Iceweasel]

reality, look into it.

43 blew $3.5- 8 TRILLION (to the arms manufacturers, mercenaries, Halliburtons, etc...) when you add in healthcare at the VA for life for returning vets as well.

44? Out of vietraq & transitioning out of afghanistan.

3.5 to 8 trillion? I'm going to have to call bull, no report would have that kind of latitude. How did we get to 17+ trillion in recent years? Reaganomics?

 

[Indeependent]

Reaganomics was merely crony capitalism/wealth redistribution from the tax payers to the arms manufacturers on a grand scale. Been there, done that, got the tee shirt, & where did it get us? Arms manufacturers being permanently affixed to the gov't teet & owning politicians through their lobbyists is where.

So Obama is practicing Reaganomics? Further proof that liberals live in a parallel universe.

Obama wants to do speaking tours with Bill Clinton.
What makes ANY politician immune to greed?

 

[rincewind]

Trickle down is a lie always was and always will be even stockmn Reagan's chief economic advisor called Reagan's policies voodoo economics
Boogaloo boogaloo boogidy boo



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[oldfart]

Reaganomics was merely crony capitalism/wealth redistribution from the tax payers to the arms manufacturers on a grand scale. Been there, done that, got the tee shirt, & where did it get us? Arms manufacturers being permanently affixed to the gov't teet & owning politicians through their lobbyists is where.

In all fairness, Reagan lived in a fantasy world and while he cheerfully wrecked the economy for the benefit of his cronies, he also cut deals that helped America. It took the Cheney--Rumsfeld crowd, the New Right, and austerians to drop anything that might benefit America and adopt a complete rape-and-pillage approach to capitalism. It takes the new Republican Party with a relentless drive to impoverish all but the 400 families, usher in the new age of inherited wealth, and destroy American society as well as economy to truly realize the dream of restoring the conditions of the ninth century. Serfdom anyone?

 

[Erand7899]

Very few people die from cancer the second they are diagnosed.
Reagan's policies, which would destroy our economy in the long run, did not begin to rear their ugly consequences until Senior Bush was in office.

Very few people are stupid enough to buy that. I'm not even sure you do. First we are told by the leftwing propagandist that Reagan's policies (aka trickle down economics) doesn't work. Now it's that it hurt us in the long run and didn't start until GHW Bush was in office. Which is it?

Look, it's obvious to anyone that even remotely knows what's going on that things are not working. The economy is still limping along when historically we would have bounced back long ago. You people want to blame Reagan, I guess because the Bush bashing is falling on deaf ears at this point, and want to ignore the fact that the big government tax and spend and regulate, regulate, regulate business has a detrimental effect on the economy. We get it.

The economy needs a healthy business climate to prosper. It's a no brainer and even countries like China figured it out and as capitalism increases so does their economy. Not that we should be China (just so you don't play that game) the point is that when business increases the economy improves. You can deny it all you want but it but it's a fact proven all over the world, especially here.

If liberal policies worked we would have surely seen it by now. And the longer we go down this road the worse it gets and finding alternative explanations helps no one.

Liberal policies are working. After a disastrous economic melt down (world wide) the US is slowly recovering.

Slowly yes, but recovering. Worldwide we are doing better than nations tht have tried conservative solutions.

Why do wingnutty cons like you always predictably post things out of context and lie through omission? Oh yeah, because reality bites

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Liberal policies never work, and have caused this recovery to take much longer than it should have taken. Obama used the same methods that FDR used, and not surprisingly, got the same results. Who would have guessed?

FDR had a better chance of making it work because the USA was then, basically a national market. It is now a worldwide market place, with a worldwide economy, and any possible financial stimulus would have to be worldwide. No nation has that much money to throw into the pot. Consequently, economic stimulus is a fool's solution that is doomed to failure.

The only thing that government can do to assist an economic recovery is to improve the economic environment and then get the hell out of the way, and let economics work. Government has three tools useful to improving the economic environment, and they are tax policy, monetary policy, and regulatory policy. Anything else is just liberal/socialist nonsense, designed to convince the population that they are doing something.

All the stimulus did was repay many of Obama's campaign contributors, and make a few people rich. The rest was rhetoric, justifying the corruption.

 

[1776]

Stupid fuck...care to compare Reagan's economy to Carter and Obama???

Clinton only had a good economy because he listening to Dick Morris pushing him to be more moderate with the economy and to work with the house GOP.

Those who praise Ronald Reagan as a good president rarely, if ever mention his numerous (and very serious) failures. Rarely do we hear from them any mention of immigration AMNESTY, Briggs Inititative, Iran-Contra, the Lebanon Marine barracks fiasco, or the worst job growth and GDP growths since 1950.

To boot, the combination of significant tax cuts and a massive increase in Cold War related defense spending 91981-1988) resulted in large budget deficits, an expansion in the U.S. trade deficit, as well as the stock market crash of 1987, while also contributing to the Savings and Loan crisis. The ultimate cost of the Savings and Loan crisis is estimated to have totaled around $150 billion, about $125 billion of which was consequently and directly subsidized by the U.S. government. John Kenneth Galbraith called it "the largest and costliest venture in public misfeasance, malfeasance and larceny of all time."

In order to cover new federal budget deficits, the United States borrowed heavily both domestically and abroad, raising the national debt from $997 billion to $2.85 trillion, and the United States moved from being the world's largest international creditor to the world's largest debtor nation. Reagan described the new debt as the "greatest disappointment" of his presidency.

Trickle-Down Economics: Four Reasons Why It Just Doesn't Work | United for a Fair Economy

FDIC: The S&L Crisis: A Chrono-Bibliography

John Kenneth Galbraith, The Culture of Contentment. (Houghton Mifflin, 1992).

http://www.treasurydirect.gov/govt/r...ebt_histo4.htm

http://www.washingtonpost.com/wp-dyn...-2004Jun8.html

Ronald Reagan: The Presidential Portfolio: History as Told through the Collection of the Ronald Reagan Library and Museum: Lou Cannon: 9781891620843: Amazon.com: Books (see page 128)

 

[The Rabbi]

reality, look into it.

43 blew $3.5- 8 TRILLION (to the arms manufacturers, mercenaries, Halliburtons, etc...) when you add in healthcare at the VA for life for returning vets as well.

44? Out of vietraq & transitioning out of afghanistan.

Link?

 

[Iceweasel]

Liberal policies never work, and have caused this recovery to take much longer than it should have taken. Obama used the same methods that FDR used, and not surprisingly, got the same results. Who would have guessed?

FDR had a better chance of making it work because the USA was then, basically a national market. It is now a worldwide market place, with a worldwide economy, and any possible financial stimulus would have to be worldwide. No nation has that much money to throw into the pot. Consequently, economic stimulus is a fool's solution that is doomed to failure.

The only thing that government can do to assist an economic recovery is to improve the economic environment and then get the hell out of the way, and let economics work. Government has three tools useful to improving the economic environment, and they are tax policy, monetary policy, and regulatory policy. Anything else is just liberal/socialist nonsense, designed to convince the population that they are doing something.

All the stimulus did was repay many of Obama's campaign contributors, and make a few people rich. The rest was rhetoric, justifying the corruption.

Yep, the New Deal was the Raw Deal but libs teach it as Gospel and the kids don't know any better. Then they post here.

 

[Iceweasel]

reality, look into it.

43 blew $3.5- 8 TRILLION (to the arms manufacturers, mercenaries, Halliburtons, etc...) when you add in healthcare at the VA for life for returning vets as well.

44? Out of vietraq & transitioning out of afghanistan.

Link?

Links are for other people. He thinks his word is gold.

 

[S.J.]

Actually, I do have proof.

Send me your bank account number, and I'll send you an uncensored (meaning that my SSN as well as my discharge code) copy of my DD214.

Why do I say that? Because I don't really believe that you're anything other than a sock.

However........................I DO have the proof (you can check the Amarillo VA), and I DO have a copy of my DD214 that proves what I've said.

Wanna go for the gold and see who is right?

If you lose, you owe me 5,000 dollars.

If I lose, I owe you 5,000 dollars, as well as bragging rights on this forum and will also tell those who meet me in the VA how you've bested me.

Interested in the bet?

Sure, I'm gonna give you my bank account number.

Oh come on sj. Take the bet. You're the one running your mouth about whether or not ABiker actually served in the Navy. Don't you want to win 5,000 dollars?

You're almost as funny as biker bitch.

 

[The Rabbi]

Reaganomics was merely crony capitalism/wealth redistribution from the tax payers to the arms manufacturers on a grand scale. Been there, done that, got the tee shirt, & where did it get us? Arms manufacturers being permanently affixed to the gov't teet & owning politicians through their lobbyists is where.

In all fairness, Reagan lived in a fantasy world and while he cheerfully wrecked the economy for the benefit of his cronies, he also cut deals that helped America. It took the Cheney--Rumsfeld crowd, the New Right, and austerians to drop anything that might benefit America and adopt a complete rape-and-pillage approach to capitalism. It takes the new Republican Party with a relentless drive to impoverish all but the 400 families, usher in the new age of inherited wealth, and destroy American society as well as economy to truly realize the dream of restoring the conditions of the ninth century. Serfdom anyone?

Dpeaking of living in a fantasy world.
Carter: Misery Index. Desert One. Soviet Invasion of Afghanistan.
Reagan: Lower inflation, lower unemployment, more jobs created post war than ever before, fall of Berlin Wall, last landslide re-election in presidential history.

Why does the Left so hate on a man who's been dead for years and out of office for over 30? Because Reagan loved America. Reagan believed in American values. Reagan didnt act with one eye on the polls to see what his standing was. Reagan didnt believe America was the problem, but the solution. Reagan didnt believe government was the solution but the problem.
For those unforgivable sins failure must be manufactured out of success.