Reagan, worst prez in our lifetime

A catastrophe- and we're lucky his BS bluster didn't get hardliners to throw out Gorbrchev- who ended the USSR. Reagan ruined the nonrich and the country, produced the Pub propaganda machine disgrace, made hating the poor acceptable, and has Booosh and this depression as a legacy. The demented fool LOL.

The Demise of the American Middle Class In Numbers.

Over the past 60 years (actually 30, obviously) the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez | The White House
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb...able=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = PrudentBear
4 = FRB: Z.1 Release--Flow of Funds Accounts of the United States--December 6, 2012
5/6 = Wealth And Inequality In America - Business Insider

Overview = Reagan Revolution Home To Roost — In Charts - Dave Johnson

Excellent.

This post is almost enough to make me turn on my rep so I can positive rep you.
 
The debt will only be handled when 2 things happen:

1. Repeal of 16th Amendment, so that the States fund the Federal government and

2. Repeal of the Budget Impoundment ACT of 1974
 

When did that wall finally fall? And was Reagan in the crowd for that occasion?

Did you watch the video? Here I'll post it again.

You Progs back a system so fucking horrible, so dehumanizing they have to build walls to keep people in.

[ame=http://www.youtube.com/watch?v=YtYdjbpBk6A]Reagan at Brandenburg Gate - "tear down this wall" - YouTube[/ame]

Damn

Reagan said "Tear down this wall" and the Soviets did it

Who would have thunk he had so much influence?
 
A catastrophe- and we're lucky his BS bluster didn't get hardliners to throw out Gorbrchev- who ended the USSR. Reagan ruined the nonrich and the country, produced the Pub propaganda machine disgrace, made hating the poor acceptable, and has Booosh and this depression as a legacy. The demented fool LOL.

The Demise of the American Middle Class In Numbers.

Over the past 60 years (actually 30, obviously) the American dream has gradually disappeared. The process was slow, so most people didn’t notice. They just worked a few more hours, borrowed a little more and cut back on non-essentials. But looking at the numbers and comparing them over long time periods, it is obvious that things have changed drastically. Here are the details:

1. WORKERS PRODUCE MORE BUT THE GAINS GO TO BUSINESS.

Over the past 63 years worker productivity has grown by 2.0% per year.

But after 1980, workers received a smaller share every year. Labor’s share of income (1992 = 100%):

1950 = 101%
1960 = 105%
1970 = 105%
1980 = 105% – Reagan
1990 = 100%
2000 = 96%
2007 = 92%

A 13% drop since 1980

2. THE TOP 10% GET A LARGER SHARE.

Share of National Income going to Top 10%:

1950 = 35%
1960 = 34%
1970 = 34%
1980 = 34% – Reagan
1990 = 40%
2000 = 47%
2007 = 50%

An increase of 16% since Reagan.

3. WORKERS COMPENSATED FOR THE LOSS OF INCOME BY SPENDING THEIR SAVINGS.

The savings Rose up to Reagan and fell during and after.

1950 = 6.0%
1960 = 7.0%
1970 = 8.5%
1980 = 10.0% – Reagan
1982 = 11.2% – Peak
1990 = 7.0%
2000 = 2.0%
2006 = -1.1% (Negative = withdrawing from savings)

A 12.3% drop after Reagan.

4. WORKERS ALSO BORROWED TO MAKE UP FOR THE LOSS.

Household Debt as percentage of GDP:

1965 = 46%
1970 = 45%
1980 = 50% – Reagan
1990 = 61%
2000 = 69%
2007 = 95%

A 45% increase after 1980.

5. SO THE GAP BETWEEN THE RICHEST AND THE POOREST HAS GROWN.

Gap Between the Share of Capital Income earned by the top 1%
and the bottom 80%:

1980 = 10%
2003 = 56%

A 5.6 times increase.

6. AND THE AMERICAN DREAM IS GONE.

The Probably of Moving Up from the Bottom 40% to the Top 40%:

1945 = 12%
1958 = 6%
1990 = 3%
2000 = 2%

A 10% Decrease.

Links:

1 = ftp://ftp.bls.gov/pub/special.requests/pf/totalf1.txt
1 = https://www.clevelandfed.org/Research/PolicyDis/No7Nov04.pdf
1 = Clipboard01.jpg (image)
2 – Congratulations to Emmanuel Saez | The White House
3 = http://www.demos.org/inequality/images/charts/uspersonalsaving_thumb.gif
3 = http://www.bea.gov/national/nipaweb...able=58&Freq=Qtr&FirstYear=2008&LastYear=2010
4 = PrudentBear
4 = FRB: Z.1 Release--Flow of Funds Accounts of the United States--December 6, 2012
5/6 = Wealth And Inequality In America - Business Insider

Overview = Reagan Revolution Home To Roost — In Charts - Dave Johnson

You numbers actually show the big declines occurring in 1990. But when you're a fucking mental patient, it doesn't matter if your own posts contradict your "ideas"

Stop pretending to take your meds
 
When did that wall finally fall? And was Reagan in the crowd for that occasion?

Did you watch the video? Here I'll post it again.

You Progs back a system so fucking horrible, so dehumanizing they have to build walls to keep people in.

[ame=http://www.youtube.com/watch?v=YtYdjbpBk6A]Reagan at Brandenburg Gate - "tear down this wall" - YouTube[/ame]

Damn

Reagan said "Tear down this wall" and the Soviets did it

Who would have thunk he had so much influence?

Certainly not the Neo-Marxists on the "American" Left, they have their own alternate Universe version of history where Gorby decided to do it all on his own
 
When did that wall finally fall? And was Reagan in the crowd for that occasion?

Did you watch the video? Here I'll post it again.

You Progs back a system so fucking horrible, so dehumanizing they have to build walls to keep people in.

[ame=http://www.youtube.com/watch?v=YtYdjbpBk6A]Reagan at Brandenburg Gate - "tear down this wall" - YouTube[/ame]

Damn

Reagan said "Tear down this wall" and the Soviets did it

Who would have thunk he had so much influence?

shhhhh ....

The nutters actually believe Ronnie Ray-Gun had something to do with it. You know, in between his endless vacations and completely our of control spending that makes Obama look like Scrooge, like Superman, with a flick of his finger, he tore down that wall.
 
Did you watch the video? Here I'll post it again.

You Progs back a system so fucking horrible, so dehumanizing they have to build walls to keep people in.

Reagan at Brandenburg Gate - "tear down this wall" - YouTube

Damn

Reagan said "Tear down this wall" and the Soviets did it

Who would have thunk he had so much influence?

shhhhh ....

The nutters actually believe Ronnie Ray-Gun had something to do with it. You know, in between his endless vacations and completely our of control spending that makes Obama look like Scrooge, like Superman, with a flick of his finger, he tore down that wall.

Obama deficits have to be expressed in scientific notation
 
Did you watch the video? Here I'll post it again.

You Progs back a system so fucking horrible, so dehumanizing they have to build walls to keep people in.

Reagan at Brandenburg Gate - "tear down this wall" - YouTube

Damn

Reagan said "Tear down this wall" and the Soviets did it

Who would have thunk he had so much influence?

Certainly not the Neo-Marxists on the "American" Left, they have their own alternate Universe version of history where Gorby decided to do it all on his own

To think of all the trillions of dollars we wasted in the Cold War. All we needed was for Reagan to say....Tear Down this wall
 
Damn

Reagan said "Tear down this wall" and the Soviets did it

Who would have thunk he had so much influence?

Certainly not the Neo-Marxists on the "American" Left, they have their own alternate Universe version of history where Gorby decided to do it all on his own

To think of all the trillions of dollars we wasted in the Cold War. All we needed was for Reagan to say....Tear Down this wall
As they say, nothing succeeds like success. You whining about Reagan 25 years on is testament to that.
 
Damn

Reagan said "Tear down this wall" and the Soviets did it

Who would have thunk he had so much influence?

Certainly not the Neo-Marxists on the "American" Left, they have their own alternate Universe version of history where Gorby decided to do it all on his own

To think of all the trillions of dollars we wasted in the Cold War. All we needed was for Reagan to say....Tear Down this wall

That Cold War was the most enduring legacy of the chain-smoking, physical and mental cripple, the power-hungry ass kisser of "Uncle Joe" Stalin, Franklin Delano Roosevelt.

If that despicable prick had not held back American armed forces, but had heeded the advice of Winston Churchill to crush the Soviets because the Soviets are a far bigger evil than Hitler, the Cold War would have never happened.

When that Berlin Wall came down it should have signaled the end of the insane admiration the Left has for FDR.
 
look at the asshole who wanted the carnage of WWII to continue for another decade.

jesus these people are idiots
 
Did you watch the video? Here I'll post it again.

You Progs back a system so fucking horrible, so dehumanizing they have to build walls to keep people in.

Reagan at Brandenburg Gate - "tear down this wall" - YouTube

Damn

Reagan said "Tear down this wall" and the Soviets did it

Who would have thunk he had so much influence?

shhhhh ....

The nutters actually believe Ronnie Ray-Gun had something to do with it. You know, in between his endless vacations and completely our of control spending that makes Obama look like Scrooge, like Superman, with a flick of his finger, he tore down that wall.

Gorby told him he was going to take down the wall.

Then reagan did this little propaganda speech to cash in on it
 
look at the asshole who wanted the carnage of WWII to continue for another decade.

jesus these people are idiots
I would certainly not call Churchill an asshole and I have no idea WWII lasted a decade. You are right about people being idiots, the problem is you don't have the insight to know who.
 
Last edited:
Certainly not the Neo-Marxists on the "American" Left, they have their own alternate Universe version of history where Gorby decided to do it all on his own

To think of all the trillions of dollars we wasted in the Cold War. All we needed was for Reagan to say....Tear Down this wall

That Cold War was the most enduring legacy of the chain-smoking, physical and mental cripple, the power-hungry ass kisser of "Uncle Joe" Stalin, Franklin Delano Roosevelt.

If that despicable prick had not held back American armed forces, but had heeded the advice of Winston Churchill to crush the Soviets because the Soviets are a far bigger evil than Hitler, the Cold War would have never happened.

When that Berlin Wall came down it should have signaled the end of the insane admiration the Left has for FDR.

Hitler found out that crushing the Soviets was not as easy as it sounds. Cost him seven million deaths

As it was, we crushed the Soviets without firing a shot
 
Apparently, the "American" Left misses the Berlin Wall, built to keep people from fleeing the horrific, oppressive effects of Communism.

You might get your wishes, Dears. Then don't come crying to us to rescue you because you're unarmed and without any rights, it's what you've been begging for
 

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