Reagan Warned Us About Obama

[deltex1]

Reagan warned about Obabble long before that....when he did those chimp movies.

 

[Bfgrn]

So where did he "drop a cluster bomb on the middle class?"

Your example doesn't support your case.

There are so many cluster bombs Reagan dropped that haven't detonated yet they will continue to maim the American worker for generations.

The true irony of Ronald Reagan; he created a mythical 'welfare queen' used to deconstruct the middle class and trash the poor. Yet Ronald Reagan is the ultimate welfare queen personified.

As the liberal era that began with the New Deal came to an end with the splintering of the Democratic Party brought about by assassination of Presidents and future Presidents, the Vietnam War fiasco and conservative money creating 'think tanks', JFK and LBJ, the last two Presidents of that era faced the awful specter how to deal with revenue SURPLUSES. Public debt was not even part of our lexicon...

Enter Reagan, the welfare queen. Put everything on the Beijing credit card and dump the bill on our children, grandchildren and their children and grandchildren.

Reagan switched the federal government from what he critically called, a “tax and spend” policy, to a “borrow and spend” policy, where the government continued its heavy spending, but used borrowed money instead of tax revenue to pay the bills. The results were catastrophic. Although it had taken the United States more than 200 years to accumulate the first $1 trillion of national debt, it took only five years under Reagan to add the second one trillion dollars to the debt.


"The debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter if they result from tax cuts."
David Stockman - Director of the Office of Management and Budget for U.S. President Ronald Reagan.

"Grover Norquist has no plan to pay this debt down. His plan says you continue to add to the debt..."
Senator Saxby Chambliss (R-Ga.)

“Ronald Reagan changed the trajectory of America in a way that Richard Nixon did not and in a way that Bill Clinton did not.” Reagan was an ideological inflection point, ending a 50-year liberal ascendancy and beginning a 30-year conservative ascendancy.
Charles Krauthammer

As Forrest Gump once declared, "Stupid is as stupid does"

Ronald Reagan, "The Great Communicator" inherited a notably high 7.5% nation wide unemployment rate coupled with an economy that declined in Real GDP growth by -0.3% and 13.5% inflation rate from the Carter administration. Under Carter, the prime lending rate hit 21.5% in December 1980, the highest rate in U.S. history under any President. In 1983, Ronald Reagan's economic policies provided substantial economic breakthrough and the 1st quarter GDP grew an astonishing 5.1%. The U.S. economy grew at a 4.5% pace in 1983 and a remarkable 7.2% in 1984. From 1948-2009, the U.S. economy has grown an average of 3.28% per fiscal year. During Reagan's eight tenure as President, Real GDP growth averaged 3.4% per fiscal year.

*Jimmy Carter's Misery Index scores = 16.27.

* George W. Bush's Misery Index for his term was 7.96, well below half that of Carter.

Ronald Reagan, "The Great Communicator" inherited a notably high 7.5% nation wide unemployment rate. He drove that unemployment rate to 10.8%.

For ten of the 16 months in the Reagan recession, the unemployment rate exceeded 10%, reaching a high of 10.8% for two months in late fall of 1982.

Reagan’s objective was to implement his theory of “Reaganomics,” which was based on stimulating the economy with tax cuts, tax credits and accelerated depreciation (supply-side economics).

Reagan’s primary catalyst to achieve this objective was the passage of the Economic Recovery Tax Act (ERTA) in July of 1981, which introduced phased-in reductions in marginal tax rates that were substantial. ERTA was however a “bridge too far” and failed miserably creating massive budget deficits and weakening the economy, culminating in a severe recession which lasted through 1982.

Luckily Reagan saw his error, and with the passage of TEFRA (Tax Equity and Fiscal Responsibility Act) in September of ‘82, the economy began to get its footing back. TEFRA became the remedy to ERTA. In fact, TEFRA was the largest peacetime tax increase ever signed into law by any of our presidents, and ironically it was a Republican, Ronald Reagan,who signed it into law.

TEFRA kicked off one of the most substantive bull cycles in our financial history: one that endured for more than five years. Reagan deserves credit for backing TEFRA and for its powerful economic result. However, few realize it was Democrat Pete Stark of California who sponsored TEFRA. Had it not been for Reagan’s pragmatism and ability to work across the aisle with Democrats like Stark, Speaker of the House Tip O’Neill, and other members of Congress, TEFRA would not have happened and Reagan would likely have been a one-term president.

 

[Zarius]

Isn't it interesting, the same year Barack Obama was born (1961), Ronald Reagan made this statement:


“Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free.”

Reagan warned us of the coming evil to this nation a few months before Obama was born.

Yet in 1961 all men were not free and Reagan knew this fact but did nothing?

 

[Zarius]

Reagan warned South Africa about Nelson Mandela.

Must not be a reliable source...

Hmmm . . . South Africa is going to crap. It won't be long until it turns into another Zimbabwe.

Or Greece or Iceland......wait that doesn't fit what you are getting at though does it.

 

[Zarius]

Isn't it interesting, the same year Barack Obama was born (1961), Ronald Reagan made this statement:


“Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free.”

Reagan warned us of the coming evil to this nation a few months before Obama was born.

Reagan is the single most person responsible for the mess we're in. Reagan dropped a cluster bomb on the middle class.

"Ronald Reagan must be the nicest president who ever destroyed a union, tried to cut school lunch milk rations from six to four ounces, and compelled families in need of public help to first dispose of household goods in excess of $1,000...1f there is an authoritarian regime in the American future, Ronald Reagan is tailored to the image of a friendly fascist." - Robert Lekachman

So where did he "drop a cluster bomb on the middle class?"

Your example doesn't support your case.

For one he raised taxes on them.

 

[Katzndogz]

Anything that makes America stronger is bad. Reagan was bad. Anything that makes America a weak failure is good. obama is good.

 

[Zarius]

Reagan warned about Obabble long before that....when he did those chimp movies.

Which tea party chapter are you in?

 

[Spoonman]

Isn't it interesting, the same year Barack Obama was born (1961), Ronald Reagan made this statement:


“Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free.”

Reagan warned us of the coming evil to this nation a few months before Obama was born.

Reagan is the single most person responsible for the mess we're in. Reagan dropped a cluster bomb on the middle class.

"Ronald Reagan must be the nicest president who ever destroyed a union, tried to cut school lunch milk rations from six to four ounces, and compelled families in need of public help to first dispose of household goods in excess of $1,000...1f there is an authoritarian regime in the American future, Ronald Reagan is tailored to the image of a friendly fascist." - Robert Lekachman

so if what reagan did was so wrong why didn't 8 years of clinton and now 2 terms of obama ever try to correct it?

 

[FJO]

Reagan warned about Obabble long before that....when he did those chimp movies.

Which tea party chapter are you in?

One does not need to be a Tea Party member to chuckle over this.

President Bush was referred to as "chimp" by liberals far more often than Obama will ever be.

 

[Stephanie]

Isn't it interesting, the same year Barack Obama was born (1961), Ronald Reagan made this statement:


“Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free.”

Reagan warned us of the coming evil to this nation a few months before Obama was born.

yep..

 

[bodecea]

Reagan told more truths in that short clip than Obama has in 10 years.

Yeah...when he said he "didn't recall".

 

[Stephanie]

Reagan warned about Obabble long before that....when he did those chimp movies.

Which tea party chapter are you in?

shut up you friggen broken record..you should be banned

 

[Stephanie]

Reagan told more truths in that short clip than Obama has in 10 years.

Yeah...when he said he "didn't recall".

and Obama says he gets his information from the news..

you are sad

 

[Bfgrn]

Isn't it interesting, the same year Barack Obama was born (1961), Ronald Reagan made this statement:


“Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free.”

Reagan warned us of the coming evil to this nation a few months before Obama was born.

Reagan is the single most person responsible for the mess we're in. Reagan dropped a cluster bomb on the middle class.

"Ronald Reagan must be the nicest president who ever destroyed a union, tried to cut school lunch milk rations from six to four ounces, and compelled families in need of public help to first dispose of household goods in excess of $1,000...1f there is an authoritarian regime in the American future, Ronald Reagan is tailored to the image of a friendly fascist." - Robert Lekachman

so if what reagan did was so wrong why didn't 8 years of clinton and now 2 terms of obama ever try to correct it?

They have tried to correct it. The day the Bush administration took over from President Bill Clinton in 2001, America enjoyed a $236 billion budget surplus -- with a projected 10-year surplus of $5.6 trillion. When the Bush administration left office, it handed President Obama a $1.3 trillion deficit -- and projected shortfalls of $8 trillion for the next decade.

 

[deltex1]

Reagan warned about Obabble long before that....when he did those chimp movies.

Which tea party chapter are you in?

The Ben Carson chapter of the "True Negroes of America"

 

[Stephanie]

Reagan is the single most person responsible for the mess we're in. Reagan dropped a cluster bomb on the middle class.

"Ronald Reagan must be the nicest president who ever destroyed a union, tried to cut school lunch milk rations from six to four ounces, and compelled families in need of public help to first dispose of household goods in excess of $1,000...1f there is an authoritarian regime in the American future, Ronald Reagan is tailored to the image of a friendly fascist." - Robert Lekachman

so if what reagan did was so wrong why didn't 8 years of clinton and now 2 terms of obama ever try to correct it?

They have tried to correct it. The day the Bush administration took over from President Bill Clinton in 2001, America enjoyed a $236 billion budget surplus -- with a projected 10-year surplus of $5.6 trillion. When the Bush administration left office, it handed President Obama a $1.3 trillion deficit -- and projected shortfalls of $8 trillion for the next decade.

this again????, been debunked a hundred times... good grief
stick to the damn topic of the thread...which isn't ALL about your dear leader

 

[Spoonman]

Reagan is the single most person responsible for the mess we're in. Reagan dropped a cluster bomb on the middle class.

"Ronald Reagan must be the nicest president who ever destroyed a union, tried to cut school lunch milk rations from six to four ounces, and compelled families in need of public help to first dispose of household goods in excess of $1,000...1f there is an authoritarian regime in the American future, Ronald Reagan is tailored to the image of a friendly fascist." - Robert Lekachman

so if what reagan did was so wrong why didn't 8 years of clinton and now 2 terms of obama ever try to correct it?

They have tried to correct it. The day the Bush administration took over from President Bill Clinton in 2001, America enjoyed a $236 billion budget surplus -- with a projected 10-year surplus of $5.6 trillion. When the Bush administration left office, it handed President Obama a $1.3 trillion deficit -- and projected shortfalls of $8 trillion for the next decade.

So what you are saying is they failed. Now its time to sto pthe bullshit lip service. Tell us exactly what it is Reagan did that put us in this horrible place we're in today and tell us what the democrats have done to correct it. no lib has ever been able to answer that question. ever. all you ever do is flap your gums and make a bunch of false claims you can not back up.

 

[Bfgrn]

so if what reagan did was so wrong why didn't 8 years of clinton and now 2 terms of obama ever try to correct it?

They have tried to correct it. The day the Bush administration took over from President Bill Clinton in 2001, America enjoyed a $236 billion budget surplus -- with a projected 10-year surplus of $5.6 trillion. When the Bush administration left office, it handed President Obama a $1.3 trillion deficit -- and projected shortfalls of $8 trillion for the next decade.

So what you are saying is they failed. Now its time to sto pthe bullshit lip service. Tell us exactly what it is Reagan did that put us in this horrible place we're in today and tell us what the democrats have done to correct it. no lib has ever been able to answer that question. ever. all you ever do is flap your gums and make a bunch of false claims you can not back up.

I already did once on this thread. I will say it again...DEBT:

Democrats have always PAID for programs and legislation they pass. Ever hear of PAYGO?

The true irony of Ronald Reagan; he created a mythical 'welfare queen' used to deconstruct the middle class and trash the poor. Yet Ronald Reagan is the ultimate welfare queen personified.

As the liberal era that began with the New Deal came to an end with the splintering of the Democratic Party brought about by assassination of Presidents and future Presidents, the Vietnam War fiasco and conservative money creating 'think tanks', JFK and LBJ, the last two Presidents of that era faced the awful specter how to deal with revenue SURPLUSES. Public debt was not even part of our lexicon...

Enter Reagan, the welfare queen. Put everything on the Beijing credit card and dump the bill on our children, grandchildren and their children and grandchildren.

Reagan switched the federal government from what he critically called, a “tax and spend” policy, to a “borrow and spend” policy, where the government continued its heavy spending, but used borrowed money instead of tax revenue to pay the bills. The results were catastrophic. Although it had taken the United States more than 200 years to accumulate the first $1 trillion of national debt, it took only five years under Reagan to add the second one trillion dollars to the debt.


"The debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter if they result from tax cuts."
David Stockman - Director of the Office of Management and Budget for U.S. President Ronald Reagan.

"Grover Norquist has no plan to pay this debt down. His plan says you continue to add to the debt..."
Senator Saxby Chambliss (R-Ga.)

“Ronald Reagan changed the trajectory of America in a way that Richard Nixon did not and in a way that Bill Clinton did not.” Reagan was an ideological inflection point, ending a 50-year liberal ascendancy and beginning a 30-year conservative ascendancy.
Charles Krauthammer

 

[Spoonman]

They have tried to correct it. The day the Bush administration took over from President Bill Clinton in 2001, America enjoyed a $236 billion budget surplus -- with a projected 10-year surplus of $5.6 trillion. When the Bush administration left office, it handed President Obama a $1.3 trillion deficit -- and projected shortfalls of $8 trillion for the next decade.

So what you are saying is they failed. Now its time to sto pthe bullshit lip service. Tell us exactly what it is Reagan did that put us in this horrible place we're in today and tell us what the democrats have done to correct it. no lib has ever been able to answer that question. ever. all you ever do is flap your gums and make a bunch of false claims you can not back up.

I already did once on this thread. I will say it again...DEBT:

Democrats have always PAID for programs and legislation they pass. Ever hear of PAYGO?

The true irony of Ronald Reagan; he created a mythical 'welfare queen' used to deconstruct the middle class and trash the poor. Yet Ronald Reagan is the ultimate welfare queen personified.

As the liberal era that began with the New Deal came to an end with the splintering of the Democratic Party brought about by assassination of Presidents and future Presidents, the Vietnam War fiasco and conservative money creating 'think tanks', JFK and LBJ, the last two Presidents of that era faced the awful specter how to deal with revenue SURPLUSES. Public debt was not even part of our lexicon...

Enter Reagan, the welfare queen. Put everything on the Beijing credit card and dump the bill on our children, grandchildren and their children and grandchildren.

Reagan switched the federal government from what he critically called, a “tax and spend” policy, to a “borrow and spend” policy, where the government continued its heavy spending, but used borrowed money instead of tax revenue to pay the bills. The results were catastrophic. Although it had taken the United States more than 200 years to accumulate the first $1 trillion of national debt, it took only five years under Reagan to add the second one trillion dollars to the debt.


"The debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter if they result from tax cuts."
David Stockman - Director of the Office of Management and Budget for U.S. President Ronald Reagan.

"Grover Norquist has no plan to pay this debt down. His plan says you continue to add to the debt..."
Senator Saxby Chambliss (R-Ga.)

“Ronald Reagan changed the trajectory of America in a way that Richard Nixon did not and in a way that Bill Clinton did not.” Reagan was an ideological inflection point, ending a 50-year liberal ascendancy and beginning a 30-year conservative ascendancy.
Charles Krauthammer

well there you have it, more gum flapping. once again i see no cause and action. no here is what reagan did, and here is what the democrats did to counter it. once again, libs can not answer the question. once again libs can not back up their claims.

 

[FJO]

Reagan told more truths in that short clip than Obama has in 10 years.

Yeah...when he said he "didn't recall".

Obama, personally, echoed by his lackeys said "I don't know" or "I can't recall" or "I'll have to come back to you on that" or "I don't remember" more often in the last month than Reagan or anyone else connected to him, in eight years.

Nice, but futile and useless try!