Ronald Reagan Facts

[CrusaderFrank]

Reagan: he called the Left's home team an "evil empire", vowed to defeat them, and by the time he left office the USSR was finished

He freed hundreds of million from the crushing oppression of Soviet Communism and that's why the Left hates him

Fucking losers

Finished? Why did you people cheer when a few years ago Romney called Russia our greatest threat?

Do you know the difference between the USSR and Russia?

Didn't think so

One could wipe out the US in an hour, the other can wipe out the US in 61 minutes?

You could have just said, I was too busy loving Communism and hating Reagan to even notice the difference

 

[Toddsterpatriot]

Try reading the op instead of running your mouth.

Word of advice...
Unless you can actually take Toddsterpatriot back in time and place with a time machine to the actual event, he will never accept any anti-Republican post.

Hey, it's the guy who doesn't understand supply side economics!

Hey, it's the guy who won't read the definition of Supply Side Economics as requiring non-US cheap labor and goods.

Hey, it's the guy who won't read the definition of Supply Side Economics as requiring non-US cheap labor and goods.

Cool story. You have a source that backs up your claim?

Face it...you'll never read an article not on USMB and you are incapable of abstracting information.

You'll never post a real source on Supply Side Economics.
Because if you did, it would show the idiocy of your previous claims.

 

[Toddsterpatriot]

In 1980, middle-income families with children paid 8.2% in income taxes and 9.5% in payroll taxes. By 1988 their income tax was down to 6.6%, but payroll tax was up to 11.8%, a combined increase in taxes.

What action did he actually take on Social Security taxes? When?

Since the end of his first year in office.

What action did he actually take on Social Security taxes?

Try reading the op instead of running your mouth.

I read the OP. How much did Reagan raise the payroll tax rate and when did he do it?

Unless you're making claims you can't actually backup?

The Social Security Amendments of 1983. He accelerated scheduled tax increases and required the self employed to pay what would have been the employers rate had they been employed. He also started taxing the benefits of higher income beneficiaries.
Social Security Amendments of 1983 (1983 - H.R. 1900)

He accelerated scheduled tax increases

So he didn't come up with the rate increases, they were already scheduled. He moved the increases forward a few years.
Thanks.

 

[Camp]

As opposed to the ever growing Russian Federation?
Everything goes in cycles.

Growing? Their demographics make our look good.

Putin is fighting against the Tide. All of his victories will be hollow.

I am concerned when 2 Olympics ago athletes were Russian whilst in the last Olympics the athletes were members of the Russian Federation.

I'm not getting your point. Can you run that by me again?

There are nations bordering with Russia that identify themselves as being part of the Russian Federation.
Just as the States of the North American Continent identify themselves as being part of the US.

Mmm, yeah, growing up, the nations that bordered the Soviet Empire that we were worried about were West Germany and France.

Now, the nations in question are Belarus and the Ukraine and Georgia.

I am NOT concerned.

France?

 

[Tehon]

Since the end of his first year in office.

What action did he actually take on Social Security taxes?

Try reading the op instead of running your mouth.

I read the OP. How much did Reagan raise the payroll tax rate and when did he do it?

Unless you're making claims you can't actually backup?

The Social Security Amendments of 1983. He accelerated scheduled tax increases and required the self employed to pay what would have been the employers rate had they been employed. He also started taxing the benefits of higher income beneficiaries.
Social Security Amendments of 1983 (1983 - H.R. 1900)

He accelerated scheduled tax increases

So he didn't come up with the rate increases, they were already scheduled. He moved the increases forward a few years.
Thanks.

So, what is your point and how does it relate to what the OP posted.

 

[Indeependent]

Word of advice...
Unless you can actually take Toddsterpatriot back in time and place with a time machine to the actual event, he will never accept any anti-Republican post.

Hey, it's the guy who doesn't understand supply side economics!

Hey, it's the guy who won't read the definition of Supply Side Economics as requiring non-US cheap labor and goods.

Hey, it's the guy who won't read the definition of Supply Side Economics as requiring non-US cheap labor and goods.

Cool story. You have a source that backs up your claim?

Face it...you'll never read an article not on USMB and you are incapable of abstracting information.

You'll never post a real source on Supply Side Economics.
Because if you did, it would show the idiocy of your previous claims.

Uh, no, because according to you R = Good, D = Bad.
You see, the definition of Supply Side was fulfilled by Reagan and his Corporate contributors selling out the Middle Class.
And I have yet to see you ONCE post disproving this fact.

 

[Meathead]

Uh, no, because according to you R = Good, D = Bad.
You see, the definition of Supply Side was fulfilled by Reagan and his Corporate contributors selling out the Middle Class.
And I have yet to see you ONCE post disproving this fact.

A clam is not a fact. Not a MENSA meeting, but still...

 

[Little-Acorn]

1. Character: Reagan's hands-off leadership style manifested into an inability to control his administration from potentially illegal activities, e.g. the "Iran-Contra" scandal. His "troika," the nickname given to Chief of Staff James Baker, Deputy Chief of Staff Michael Deaver, and Counselor Edwin Meese, made many of Reagan's key administrative decisions for him.
   
   
2. Crime: In a Sep. 28, 1981 speech to the International Chiefs of Police, Reagan claimed that people who commit violent crimes "are not desperate people seeking bread for their families; crime is the way they've chosen to live." This attitude failed to address the stark realities underlying crime, namely the national culture of poverty and discrimination. Violent crime nationwide increased 21% from 1981-1989. The "War on Drugs" wasted billions of dollars and escalated drug-related crime.
   
   
3. Defense: Reagan increased the defense budget for an unprecedented six consecutive years. This spending produced an unsustainable bubble in the defense industry that led to decades of restructuring. By the early 1990s the defense industry had too many factories and too many workers to support with its smaller budgets. For example, in the early 1980s there were 50 large defense suppliers to the US government. By 2004 there were five.
   
   
4. Economy: Reagan pledged during his 1980 campaign for president to balance the federal budget, but never submitted a balanced budget in his eight years in office. In 1981, the deficit was $79 billion and, in 1986, at the peak of his deficit spending, it stood at $221 billion. The federal debt was $994 billion when he took office in 1981 and grew to $2.9 trillion when his second term ended in 1989. Reagan also added more trade barriers than any other president since Hoover in 1930. US imports that were subject to some form of trade restraint increased from 12% in 1980 to 23% in 1988.
   
   
5. Education: In his two terms in office, Reagan slashed federal aid to schools by more than $1 billion, and he cut the Department of Education budget by 19%. One of Reagan's campaign promises was to abolish the Department of Education, which he considered a "bureaucratic boondoggle." After intermittent attempts to fulfill this promise, he gave up in 1983 due to lack of Congressional support.
   
   
   
6. Environment: As a president who said "trees cause more pollution than automobiles do," Reagan issued leases for oil, gas, and coal development on tens of millions of acres of national lands. Reagan's appointee to the Environmental Protection Agency (EPA), Anne Gorsuch, tried to gut the 1972 Clean Water Act, cut EPA funding by 25%, and mismanaged a $1.6 billion program to clean up hazardous waste dumps.
   
   
7. Foreign Policy: Reagan broke his own vows not to make deals with terrorists or states that aided them. In the "Iran-Contra" scandal, Reagan's administration bypassed congressional restrictions on aiding Nicaragua's Contra guerilla fighters, in part by diverting money to them from the sale of missiles to Iran. Reagan also initiated military involvement in Libya, Grenada, El Salvador, Nicaragua, and Lebanon.
   
   
8. Health: Reagan almost completely ignored the growing AIDS epidemic. Although the first case of AIDS was discovered in the early 1980s, Reagan never publicly addressed the epidemic until May 31, 1987 when he spoke at an AIDS conference in Washington, DC. By that time, 36,058 Americans had been diagnosed with the disease and 20,849 had died.
   
   
9. Labor: On Aug. 3, 1981, Reagan ordered 12,176 striking air traffic controllers (PATCO) back to their jobs, disregarding the workers' complaints of stress, staff shortages, and outdated equipment. PATCO was one of the few unions that had endorsed Reagan in the 1980 election. Reagan repaid them by giving them only 48 hours to cancel the strike and banning them from federal service for life. The ban was not lifted until 1993 by President Bill Clinton.
   
   
10. Science/Technology: Reagan's over-ambitious space-based laser strategic defensive system, the Strategic Defense Initiative (SDI) or "Star Wars," proved to be too technically complex and expensive to complete. From its inception in 1983 to its demise in 1993, the program cost taxpayers $33 billion dollars.
    
    
11. Social Policy: Reagan believed that widespread freeloading plagued welfare and social programs. As Reagan slashed spending in his first term on programs such as food stamps and subsidized housing, the poverty rate climbed from 12% to 15% and unemployment rose from 7% to 11%.
    
    
12. Taxes: Reagan's "voodoo" economic policy, where tax cuts were believed to somehow generate tax revenues, failed to account for his administration's excessive spending which increased from $591 billion in 1980 to $1.2 trillion in 1990. Reagan both increased and cut taxes. In 1980, middle-income families with children paid 8.2% in income taxes and 9.5% in payroll taxes. By 1988 their income tax was down to 6.6%, but payroll tax was up to 11.8%, a combined increase in taxes. Reagan pushed through Social Security tax increases of $165 billion over seven years.
    
    
13. Other: Reagan opposed many important civil rights measures that further alienated him and the Republican Party from African-Americans. On Mar. 16, 1988, Reagan vetoed the Civil Rights Restoration Act. He was opposed to extending provisions of the 1965 Voting Rights Act. He initially opposed making Martin Luther King, Jr.'s birthday a national holiday. He was also loyal to apartheid South Africa, considering that country a friend and ally.

Side notes.

Ronald Reagan's economic advisor was Milton Friedman, the creator of the economic philosophy that says that there is no such a thing as a free lunch.
Technically that is true, however that doesn't pay the bill, or absolve society of its responsibilities to the country.
And his economics have been responsible for almost every single economic downturn in recent American political history.
Milton Friedman is amongst the worst economists ever, right along side the French economist that created "Laissez Faire".

The usual speculation, exaggerations, and lies, with the usual complete lack of reference or backup, for the usual leftists to masturbate over.

The more they lose, the more they need posts like this to divert attention from their own failures.

 

[Toddsterpatriot]

Reagan: he called the Left's home team an "evil empire", vowed to defeat them, and by the time he left office the USSR was finished

He freed hundreds of million from the crushing oppression of Soviet Communism and that's why the Left hates him

Fucking losers

Finished? Why did you people cheer when a few years ago Romney called Russia our greatest threat?

Didn't you agree with Obama when he laughed about Russia being a threat?

Unless you think we should just let Putin have Eastern Europe?

 

[Toddsterpatriot]

What action did he actually take on Social Security taxes?

Try reading the op instead of running your mouth.

I read the OP. How much did Reagan raise the payroll tax rate and when did he do it?

Unless you're making claims you can't actually backup?

The Social Security Amendments of 1983. He accelerated scheduled tax increases and required the self employed to pay what would have been the employers rate had they been employed. He also started taxing the benefits of higher income beneficiaries.
Social Security Amendments of 1983 (1983 - H.R. 1900)

He accelerated scheduled tax increases

So he didn't come up with the rate increases, they were already scheduled. He moved the increases forward a few years.
Thanks.

So, what is your point and how does it relate to what the OP posted.

In 1980, middle-income families with children paid 8.2% in income taxes and 9.5% in payroll taxes. By 1988 their income tax was down to 6.6%, but payroll tax was up to 11.8%, a combined increase in taxes.

The OP made it sound like Reagan raised net taxes on middle-income families.
Your source showed the payroll hikes would have occurred by 1990, without Reagan taking action.
And he cut their income taxes.

 

[Toddsterpatriot]

Hey, it's the guy who doesn't understand supply side economics!

Hey, it's the guy who won't read the definition of Supply Side Economics as requiring non-US cheap labor and goods.

Hey, it's the guy who won't read the definition of Supply Side Economics as requiring non-US cheap labor and goods.

Cool story. You have a source that backs up your claim?

Face it...you'll never read an article not on USMB and you are incapable of abstracting information.

You'll never post a real source on Supply Side Economics.
Because if you did, it would show the idiocy of your previous claims.

Uh, no, because according to you R = Good, D = Bad.
You see, the definition of Supply Side was fulfilled by Reagan and his Corporate contributors selling out the Middle Class.
And I have yet to see you ONCE post disproving this fact.

You see, the definition of Supply Side was fulfilled by Reagan and his Corporate contributors selling out the Middle Class.

If only you could find that definition from a real source. Instead of pulling it out of your ass.

Let me help you out.....

Supply-side economics - Wikipedia, the free encyclopedia

Let me know if you find any back up for your claims at that link.

 

[Indeependent]

Hey, it's the guy who won't read the definition of Supply Side Economics as requiring non-US cheap labor and goods.

Hey, it's the guy who won't read the definition of Supply Side Economics as requiring non-US cheap labor and goods.

Cool story. You have a source that backs up your claim?

Face it...you'll never read an article not on USMB and you are incapable of abstracting information.

You'll never post a real source on Supply Side Economics.
Because if you did, it would show the idiocy of your previous claims.

Uh, no, because according to you R = Good, D = Bad.
You see, the definition of Supply Side was fulfilled by Reagan and his Corporate contributors selling out the Middle Class.
And I have yet to see you ONCE post disproving this fact.

You see, the definition of Supply Side was fulfilled by Reagan and his Corporate contributors selling out the Middle Class.

If only you could find that definition from a real source. Instead of pulling it out of your ass.

Let me help you out.....

Supply-side economics - Wikipedia, the free encyclopedia

Let me know if you find any back up for your claims at that link.

Wow! That's the article I posted and you wouldn't read it.
That article explains the theory, NOT how it was implemented.
Of course, you would only accept that fact if the theory was implemented by a Democrat.
Now stop being stupid and accept the fact that Reagan gave the Financial World permission to finance Global Cheap Labor.
Which, of course, led to Black Monday.

 

[Publius1787]

1. Character: Reagan's hands-off leadership style manifested into an inability to control his administration from potentially illegal activities, e.g. the "Iran-Contra" scandal. His "troika," the nickname given to Chief of Staff James Baker, Deputy Chief of Staff Michael Deaver, and Counselor Edwin Meese, made many of Reagan's key administrative decisions for him.
   
   
2. Crime: In a Sep. 28, 1981 speech to the International Chiefs of Police, Reagan claimed that people who commit violent crimes "are not desperate people seeking bread for their families; crime is the way they've chosen to live." This attitude failed to address the stark realities underlying crime, namely the national culture of poverty and discrimination. Violent crime nationwide increased 21% from 1981-1989. The "War on Drugs" wasted billions of dollars and escalated drug-related crime.
   
   
3. Defense: Reagan increased the defense budget for an unprecedented six consecutive years. This spending produced an unsustainable bubble in the defense industry that led to decades of restructuring. By the early 1990s the defense industry had too many factories and too many workers to support with its smaller budgets. For example, in the early 1980s there were 50 large defense suppliers to the US government. By 2004 there were five.
   
   
4. Economy: Reagan pledged during his 1980 campaign for president to balance the federal budget, but never submitted a balanced budget in his eight years in office. In 1981, the deficit was $79 billion and, in 1986, at the peak of his deficit spending, it stood at $221 billion. The federal debt was $994 billion when he took office in 1981 and grew to $2.9 trillion when his second term ended in 1989. Reagan also added more trade barriers than any other president since Hoover in 1930. US imports that were subject to some form of trade restraint increased from 12% in 1980 to 23% in 1988.
   
   
5. Education: In his two terms in office, Reagan slashed federal aid to schools by more than $1 billion, and he cut the Department of Education budget by 19%. One of Reagan's campaign promises was to abolish the Department of Education, which he considered a "bureaucratic boondoggle." After intermittent attempts to fulfill this promise, he gave up in 1983 due to lack of Congressional support.
   
   
   
6. Environment: As a president who said "trees cause more pollution than automobiles do," Reagan issued leases for oil, gas, and coal development on tens of millions of acres of national lands. Reagan's appointee to the Environmental Protection Agency (EPA), Anne Gorsuch, tried to gut the 1972 Clean Water Act, cut EPA funding by 25%, and mismanaged a $1.6 billion program to clean up hazardous waste dumps.
   
   
7. Foreign Policy: Reagan broke his own vows not to make deals with terrorists or states that aided them. In the "Iran-Contra" scandal, Reagan's administration bypassed congressional restrictions on aiding Nicaragua's Contra guerilla fighters, in part by diverting money to them from the sale of missiles to Iran. Reagan also initiated military involvement in Libya, Grenada, El Salvador, Nicaragua, and Lebanon.
   
   
8. Health: Reagan almost completely ignored the growing AIDS epidemic. Although the first case of AIDS was discovered in the early 1980s, Reagan never publicly addressed the epidemic until May 31, 1987 when he spoke at an AIDS conference in Washington, DC. By that time, 36,058 Americans had been diagnosed with the disease and 20,849 had died.
   
   
9. Labor: On Aug. 3, 1981, Reagan ordered 12,176 striking air traffic controllers (PATCO) back to their jobs, disregarding the workers' complaints of stress, staff shortages, and outdated equipment. PATCO was one of the few unions that had endorsed Reagan in the 1980 election. Reagan repaid them by giving them only 48 hours to cancel the strike and banning them from federal service for life. The ban was not lifted until 1993 by President Bill Clinton.
   
   
10. Science/Technology: Reagan's over-ambitious space-based laser strategic defensive system, the Strategic Defense Initiative (SDI) or "Star Wars," proved to be too technically complex and expensive to complete. From its inception in 1983 to its demise in 1993, the program cost taxpayers $33 billion dollars.
    
    
11. Social Policy: Reagan believed that widespread freeloading plagued welfare and social programs. As Reagan slashed spending in his first term on programs such as food stamps and subsidized housing, the poverty rate climbed from 12% to 15% and unemployment rose from 7% to 11%.
    
    
12. Taxes: Reagan's "voodoo" economic policy, where tax cuts were believed to somehow generate tax revenues, failed to account for his administration's excessive spending which increased from $591 billion in 1980 to $1.2 trillion in 1990. Reagan both increased and cut taxes. In 1980, middle-income families with children paid 8.2% in income taxes and 9.5% in payroll taxes. By 1988 their income tax was down to 6.6%, but payroll tax was up to 11.8%, a combined increase in taxes. Reagan pushed through Social Security tax increases of $165 billion over seven years.
    
    
13. Other: Reagan opposed many important civil rights measures that further alienated him and the Republican Party from African-Americans. On Mar. 16, 1988, Reagan vetoed the Civil Rights Restoration Act. He was opposed to extending provisions of the 1965 Voting Rights Act. He initially opposed making Martin Luther King, Jr.'s birthday a national holiday. He was also loyal to apartheid South Africa, considering that country a friend and ally.

Side notes.

Ronald Reagan's economic advisor was Milton Friedman, the creator of the economic philosophy that says that there is no such a thing as a free lunch.
Technically that is true, however that doesn't pay the bill, or absolve society of its responsibilities to the country.
And his economics have been responsible for almost every single economic downturn in recent American political history.
Milton Friedman is amongst the worst economists ever, right along side the French economist that created "Laissez Faire".

1. He likely knew about Iran Contra. The left hated his actions in Iran Contra because they wanted the commies to win.

2. The left asked for the War on Drugs. Particularly the Congressional Black Caucus!

3. And the Soviets crumbled soon after, which is why the left hates Reagans defense spending.

4. Due to compromises with the democrat congress.

5. And after all these years Reagan is still being proved correct on Education.

6. The EPA is and has always been a worthless agency with no credible results. It's simply the lefts way of regulation without having the benefit of due process.

7. Once again, the left hates Reagans foreign policy because the Soviets crumbled.

8. AIDS!!?? The gay and promiscuous disease. Natures way of stopping leftist free love.

9. Labor: One of Reagans finest moments. The mark of the decline of union thuggery.

10. Cannot emphasize how Reagans space initiatives revolutionized modern technology from the cell phones to GPS, to atmospheric cancellation technology.

11. And Reagan, combined with Clinton proved that welfare was for the hapless who wanted a free ride. Many people got off the couch and went back to work. It lead to unprecedented economic growth that was enjoyed in the 90's.

12. Reagans Social Security Tax not only saves Social Security, but was approved by a Democrat Congress. Despite dropping tax rates tax revenue remained constant. Amazing huh?

13. The 1965 voting rights act should have been repealed. No one can justify it today. Even the Supreme Court has a hard time justifying it as seen in recent decisions. The left hates Reagans policy on South Africa because the ANC were firm allies with the Soviets and enemies of Israel. The left desperately hoped South Africa would go communist and were astonished when Mandela refused to send the country into more economic turmoil than what had already happened post apartheid. The ANC were not only a Marxist Lennonist group of commie thugs, but they also resorted to terrorism, particularly around the first elections. they were known for necklacing their enemies, that is to say, ringing a tire around their necks and setting it on fire in order to watch them burn to death. The left looked passed this simply because the ANC were communists.

 

[Tehon]

Try reading the op instead of running your mouth.

I read the OP. How much did Reagan raise the payroll tax rate and when did he do it?

Unless you're making claims you can't actually backup?

The Social Security Amendments of 1983. He accelerated scheduled tax increases and required the self employed to pay what would have been the employers rate had they been employed. He also started taxing the benefits of higher income beneficiaries.
Social Security Amendments of 1983 (1983 - H.R. 1900)

He accelerated scheduled tax increases

So he didn't come up with the rate increases, they were already scheduled. He moved the increases forward a few years.
Thanks.

So, what is your point and how does it relate to what the OP posted.

In 1980, middle-income families with children paid 8.2% in income taxes and 9.5% in payroll taxes. By 1988 their income tax was down to 6.6%, but payroll tax was up to 11.8%, a combined increase in taxes.

The OP made it sound like Reagan raised net taxes on middle-income families.
Your source showed the payroll hikes would have occurred by 1990, without Reagan taking action.
And he cut their income taxes.

Your source showed the payroll hikes would have occurred by 1990, without Reagan taking action.

At the same rate?

 

[Correll]

Growing? Their demographics make our look good.

Putin is fighting against the Tide. All of his victories will be hollow.

I am concerned when 2 Olympics ago athletes were Russian whilst in the last Olympics the athletes were members of the Russian Federation.

I'm not getting your point. Can you run that by me again?

There are nations bordering with Russia that identify themselves as being part of the Russian Federation.
Just as the States of the North American Continent identify themselves as being part of the US.

Mmm, yeah, growing up, the nations that bordered the Soviet Empire that we were worried about were West Germany and France.

Now, the nations in question are Belarus and the Ukraine and Georgia.

I am NOT concerned.

France?

Yes, France.

YOu have something to add?

 

[Camp]

I am concerned when 2 Olympics ago athletes were Russian whilst in the last Olympics the athletes were members of the Russian Federation.

I'm not getting your point. Can you run that by me again?

There are nations bordering with Russia that identify themselves as being part of the Russian Federation.
Just as the States of the North American Continent identify themselves as being part of the US.

Mmm, yeah, growing up, the nations that bordered the Soviet Empire that we were worried about were West Germany and France.

Now, the nations in question are Belarus and the Ukraine and Georgia.

I am NOT concerned.

France?

Yes, France.

YOu have something to add?

When and where did France share a border with the USSR? Perhaps we are looking at different maps.

 

[Correll]

I'm not getting your point. Can you run that by me again?

There are nations bordering with Russia that identify themselves as being part of the Russian Federation.
Just as the States of the North American Continent identify themselves as being part of the US.

Mmm, yeah, growing up, the nations that bordered the Soviet Empire that we were worried about were West Germany and France.

Now, the nations in question are Belarus and the Ukraine and Georgia.

I am NOT concerned.

France?

Yes, France.

YOu have something to add?

When and where did France share a border with the USSR? Perhaps we are looking at different maps.

Wow.

Obviously the concern I was referring to was that if the Soviet Tanks started rolling that they would not stop until they hit the Atlantic.

THus, flipping West Germany and France to the other side, greatly upsetting the Balance of Power and thus leading to a very, very grim world.

If Russia conquers Georgia, it would be grim for the people of Georgia.

But it would NOT upset the Global Balance of Power, and thus, I am not concerned.

Other than fear that my political elite would get involved in a war with a nuclear power in which our interests are not threatened.

 

[Toddsterpatriot]

I read the OP. How much did Reagan raise the payroll tax rate and when did he do it?

Unless you're making claims you can't actually backup?

The Social Security Amendments of 1983. He accelerated scheduled tax increases and required the self employed to pay what would have been the employers rate had they been employed. He also started taxing the benefits of higher income beneficiaries.
Social Security Amendments of 1983 (1983 - H.R. 1900)

He accelerated scheduled tax increases

So he didn't come up with the rate increases, they were already scheduled. He moved the increases forward a few years.
Thanks.

So, what is your point and how does it relate to what the OP posted.

In 1980, middle-income families with children paid 8.2% in income taxes and 9.5% in payroll taxes. By 1988 their income tax was down to 6.6%, but payroll tax was up to 11.8%, a combined increase in taxes.

The OP made it sound like Reagan raised net taxes on middle-income families.
Your source showed the payroll hikes would have occurred by 1990, without Reagan taking action.
And he cut their income taxes.

Your source showed the payroll hikes would have occurred by 1990, without Reagan taking action.

At the same rate?

The same rates were implemented sooner.

 

[Toddsterpatriot]

Hey, it's the guy who won't read the definition of Supply Side Economics as requiring non-US cheap labor and goods.

Cool story. You have a source that backs up your claim?

Face it...you'll never read an article not on USMB and you are incapable of abstracting information.

You'll never post a real source on Supply Side Economics.
Because if you did, it would show the idiocy of your previous claims.

Uh, no, because according to you R = Good, D = Bad.
You see, the definition of Supply Side was fulfilled by Reagan and his Corporate contributors selling out the Middle Class.
And I have yet to see you ONCE post disproving this fact.

You see, the definition of Supply Side was fulfilled by Reagan and his Corporate contributors selling out the Middle Class.

If only you could find that definition from a real source. Instead of pulling it out of your ass.

Let me help you out.....

Supply-side economics - Wikipedia, the free encyclopedia

Let me know if you find any back up for your claims at that link.

Wow! That's the article I posted and you wouldn't read it.
That article explains the theory, NOT how it was implemented.
Of course, you would only accept that fact if the theory was implemented by a Democrat.
Now stop being stupid and accept the fact that Reagan gave the Financial World permission to finance Global Cheap Labor.
Which, of course, led to Black Monday.

Wow! That's the article I posted and you wouldn't read it.

Wow! You posted an article that didn't prove your claim. Hilarious!

That article explains the theory,

That's weird, because we're talking about an economic theory.

accept the fact that Reagan gave the Financial World permission to finance Global Cheap Labor.

Did he give them this permission in a law? A speech? An article?
Any link you have to prove this claim would be great.

Which, of course, led to Black Monday.

Still funny!

 

[Never3ndr]

All I really have to say is this...to more I learn about economics, the more I see Reagan's era pointed to as a failure rather than a success...which is odd when you consider that Conservatives seem to hail him as the second coming of Christ.