otto105
Diamond Member
- Sep 11, 2017
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Carter had double digit unemployment His damn corporate tax rate was like 70% Carter would STILL be the WORST President this Country EVER had if it weren't for Obama! Reagan saved us from Carter's Obamalike economy just like Trump is doing now. Sorry Brain your stupid link is biased as hell...just read some of the comments below the article they tear the whole story apart. Thanks for the link though, I had a blast reading the intelligent informed comments destroy the whole story....You had better pick up a history book....So we will triple the debt just like with Reagan?
Here you go:
The result has been unprecedented government debt. Reagan has tripled the Gross Federal Debt, from $900 billion to $2.7 trillion. Ford and Carter in their combined terms could only double it. It took 31 years to accomplish the first postwar debt tripling, yet Reagan did it in eight.
The Sad Legacy of Ronald Reagan
Actually carter's first two years in office were OK economically, the economy was hurt very badly by the 1978 oil embargo and the inflation it caused.
No corporation has ever paid the top rate.
The worst president list looks like this
1. Nixon (R)
2 Trump (R)
3. Hoover (R)
Carter saved Reagan's ass in by placing Paul Volcker at the Fed.
Question for you, did Reagan ever rise taxes? If so, how many times?