CrusaderFrank
Diamond Member
- May 20, 2009
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How did they do it? How did the Communists get our Progressive to fall so madly in love with the USSR?
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How did they do it? How did the Communists get our Progressive to fall so madly in love with the USSR?
This is what turned me against Reagan. It has nothing to do with a love of Communist.How did they do it? How did the Communists get our Progressive to fall so madly in love with the USSR?
Oh come on. At least be honest about your love and longing for the USSRThis is what turned me against Reagan. It has nothing to do with a love of Communist.How did they do it? How did the Communists get our Progressive to fall so madly in love with the USSR?
amazon.com/PeaceKeepers-War-Beirut-Marine-Commander/dp/1597974250
It explains how Reagan contributed to the birth and creation of modern day terrorism. The author is the Marine Colonel that commanded the Marines in Lebanon when the barracks suffered a terrorist attack that killed over 240 Marines. He is a credentialed and recognized terrorist expert and served in that capacity until his retirement. After his retirement he continued to be a key consultant on terrorism for the US government. The brief review in the provided link gives a synopsis of the idea that Reagan's policies created terrorist groups as we know them today.
Duly noted that your false equivlency failed.BS detector redlinedyeah, that is what the olympic movement is about.
he ruined the dreams of hundreds of athletes for an IMPOTENT pandering
should people have boycotted our games due to our invasions in 91 and then in 2002?
Well, let's look at that.
IN 1991, the entire world in the UN voted to authorize us to go into Kuwait to expel the Iraqis. We did that, we had the good sense NOT to invade Iraq proper.
In 2001, the entire world voted to take action against Afghanistan for harboring Al Qaeda. So, yeah, the Salt Lake City Olympics were safe once MItt Romney got all his rich Mormon Pals to open their wallets to bail it out.
The whole world was appalled when the USSR invaded Afghanistan. And it should have been. It wasn't worth starting World War III over, though.
duly noted how stupid your response is. the whole world was not appalled. just the western bloc
How did they do it? How did the Communists get our Progressive to fall so madly in love with the USSR?
You keep beating that strawman, frank, since you can't argue the point, obviously.
They don't call him little Frankie retard for nothing
Libs are liars and play games with words. He raised taxes a bit after coming down a lot. How fucking hard is that? We either believe nuts on the internet like you or our lives for those of us who were there."But revenues went up"
Real revenues under Reagan fell for a number of years and lagged behind GDP. There was no relative increase at all.
However, Reagan raised taxes a number of times which offset the damage to revenues of his tax cuts to the rich.
Reaganomics Vs. Obamanomics Facts And Figures - Forbes
In February 2009 I wrote an article for The Wall Street Journal entitled “Reaganomics v Obamanomics,” which argued that the emerging outlines of President Obama’s economic policies were following in close detail exactly the opposite of President Reagan’s economic policies. As a result, I predicted that Obamanomics would have the opposite results of Reaganomics. That prediction seems to be on track.
When President Reagan entered office in 1981, he faced actually much worse economic problems than President Obama faced in 2009. Three worsening recessions starting in 1969 were about to culminate in the worst of all in 1981-1982, with unemployment soaring into double digits at a peak of 10.8%. At the same time America suffered roaring double-digit inflation, with the CPI registering at 11.3% in 1979 and 13.5% in 1980 (25% in two years). The Washington establishment at the time argued that this inflation was now endemic to the American economy, and could not be stopped, at least not without a calamitous economic collapse.
All of the above was accompanied by double -igit interest rates, with the prime rate peaking at 21.5% in 1980. The poverty rate started increasing in 1978, eventually climbing by an astounding 33%, from 11.4% to 15.2%. A fall in real median family income that began in 1978 snowballed to a decline of almost 10% by 1982. In addition, from 1968 to 1982, the Dow Jones industrial average lost 70% of its real value, reflecting an overall collapse of stocks.
President Reagan campaigned on an explicitly articulated, four-point economic program to reverse this slow motion collapse of the American economy:
1. Cut tax ratesto restore incentives for economic growth, which was implemented first with a reduction in the top income tax rate of 70% down to 50%, and then a 25% across-the-board reduction in income tax rates for everyone. The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%.
2. Spending reductions, including a $31 billion cut in spending in 1981, close to 5% of the federal budget then, or the equivalent of about $175 billion in spending cuts for the year today. In constant dollars, nondefense discretionary spending declined by 14.4% from 1981 to 1982, and by 16.8% from 1981 to 1983. Moreover, in constant dollars, this nondefense discretionary spending never returned to its 1981 level for the rest of Reagan’s two terms! Even with the Reagan defense buildup, which won the Cold War without firing a shot, total federal spending declined from a high of 23.5% of GDP in 1983 to 21.3% in 1988 and 21.2% in 1989. That’s a real reduction in the size of government relative to the economy of 10%.
3. Anti-inflation monetary policy restraining money supply growth compared to demand, to maintain a stronger, more stable dollar value.
4. Deregulation, which saved consumers an estimated $100 billion per year in lower prices. Reagan’s first executive order, in fact, eliminated price controls on oil and natural gas. Production soared, and aided by a strong dollar the price of oil declined by more than 50%.
These economic policies amounted to the most successful economic experiment in world history. The Reagan recovery started in official records in November 1982, and lasted 92 months without a recession until July 1990, when the tax increases of the 1990 budget deal killed it. This set a new record for the longest peacetime expansion ever, the previous high in peacetime being 58 months.
During this seven-year recovery, the economy grew by almost one-third, the equivalent of adding the entire economy of West Germany, the third-largest in the world at the time, to the U.S. economy. In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years. Nearly 20 million new jobs were created during the recovery, increasing U.S. civilian employment by almost 20%. Unemployment fell to 5.3% by 1989.
The shocking rise in inflation during the Nixon and Carter years was reversed. Astoundingly, inflation from 1980 was reduced by more than half by 1982, to 6.2%. It was cut in half again for 1983, to 3.2%, never to be heard from again until recently. The contractionary, tight-money policies needed to kill this inflation inexorably created the steep recession of 1981 to 1982, which is why Reagan did not suffer politically catastrophic blame for that recession.
Real per-capita disposable income increased by 18% from 1982 to 1989, meaning the American standard of living increased by almost 20% in just seven years. The poverty rate declined every year from 1984 to 1989, dropping by one-sixth from its peak. The stock market more than tripled in value from 1980 to 1990, a larger increase than in any previous decade.
In The End of Prosperity, supply side guru Art Laffer and Wall Street Journal chief financial writer Steve Moore point out that this Reagan recovery grew into a 25-year boom, with just slight interruptions by shallow, short recessions in 1990 and 2001. They wrote:
We call this period, 1982-2007, the twenty-five year boom–the greatest period of wealth creation in the history of the planet. In 1980, the net worth–assets minus liabilities–of all U.S. households and business … was $25 trillion in today’s dollars. By 2007, … net worth was just shy of $57 trillion. Adjusting for inflation, more wealth was created in America in the twenty-five year boom than in the previous two hundred years.
What is so striking about Obamanomics is how it so doggedly pursues the opposite of every one of these planks of Reaganomics. Instead of reducing tax rates, President Obama is committed to raising the top tax rates of virtually every major federal tax. As already enacted into current law, in 2013 the top two income tax rates will rise by nearly 20%, counting as well Obama’s proposed deduction phase-outs.
Ronald Reagan Myth Doesn't Square with Reality
Ronald Reagan Myth Doesn t Square with Reality - CBS News
you poor dear. Your hate is duly noted. now go take it somewhere else
the people around you must be so proud of how much hate you can spread
How Republicans created the myth of Ronald Reagan
With the Gipper's reputation flagging after Clinton, neoconservatives launched a stealthy campaign to remake him as a "great" president.
The myth of Ronald Reagan was already looming in the spring of 1997 — when a highly popular President Bill Clinton was launching his second-term, pre-Monica Lewinsky, and the Republican brand seemed at low ebb. But what neoconservative activist Grover Norquist and his allies proposed that spring was virtually unheard of — an active, mapped-out, audacious campaign to spread a distorted vision of Reagan’s legacy across America.
The below-average rating by the historians for Reagan, coming right on the heels of Clintons’ easy reelection victory, was a wake-up call for these people who came to Washington in the 1980s as the shock troops of a revolution and now saw everything slipping away.
How Republicans created the myth of Ronald Reagan - Salon.com
if Reagan was a myth, then the Russians fell for it. They just gave up after bankrupting themselves in the arms race but they believed reagan would never hold back millitaraly. Had Carter still been in there they would have had their way with him. thats why Liberals hate reagan, their not willing to give any credit for a thing. Had the wall come down under Carter, it would have been an American holiday every year.