g5000
Diamond Member
- Nov 26, 2011
- 125,228
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Reagan facts: Reagan started with 11.8% inflation, ended with 4.7% inflation.
Carter ended with 7.5 percent unemployment, Reagan ended with 5.4 percent.
When Reagan took office, America had just been through Vietnam, Watergate, the disastrous Carter Administration, 444 days of the Iranian hostage crisis, the near nuclear meltdown of Three Mile Island, and was experiencing double digit inflation. Meanwhile, the Soviet Union had a death grip on Eastern Europe and had invaded Afghanistan.
Then along came Reagan. Cheery, optimistic, bursting with solutions to our problems. He would be crucified by the GOP of today for not being a hateful whiner and for his willingness to work with Democrats.
When Reagan took office in January 1981, unemployment was 7.5%. At the end of his first term, in January 1985, it was 7.3% and falling. At the end of his second term in January 1989, it was 5.4%.
In the aggregate, Reagan's tax cuts were greater than his tax increases. He had the courage to admit his tax cuts were too deep, and he rolled them back a little.
Reagan also worked with his political opponents to reform the tax code and to reform welfare. He eliminated a great many tax expenditures that benefited the wealthy.
He also had the guts to stand firm on raising interest rates to end the runaway inflation he inherited, even though he was being attacked from all sides for doing so. But he was right and he saved the economy.
In January 1981, inflation stood at 11.8 percent. In January 1989, inflation was at 4.7 percent.
Reagan had balls. Huge balls of steel. He ramped up our defense posture in a big way. "Peace through strength."
This ramping up scared the bejeesus out of the obsequious lefties who felt we should suck the USSR's dick so as not to piss them off. There were protests all over Western Europer by the longhairs.
One of my favorite bands, Genesis, made a video called "Land of Confusion" which encapsulates the pants wetting of the liberals. The video portrayed Reagan as a guy who was going to get us all killed.
The libbies were wrong.
By esclating the arms race, Reagan broke the USSR's bank. They couldn't keep up.
You see, Reagan knew something. He knew the USSR's defense posture was all a huge sham. They were nowhere near the big badass they had the commie symps in the West believing they were.
Reagan had inside information to the contrary, and he had the balls to act on it.
So, yeah, Reagan spent money like crazy. Yes he did. But he did it to break the USSR. And it worked.
No retard will ever convince me Reagan was nothing other than one of our greatest Presidents.
Carter ended with 7.5 percent unemployment, Reagan ended with 5.4 percent.
When Reagan took office, America had just been through Vietnam, Watergate, the disastrous Carter Administration, 444 days of the Iranian hostage crisis, the near nuclear meltdown of Three Mile Island, and was experiencing double digit inflation. Meanwhile, the Soviet Union had a death grip on Eastern Europe and had invaded Afghanistan.
Then along came Reagan. Cheery, optimistic, bursting with solutions to our problems. He would be crucified by the GOP of today for not being a hateful whiner and for his willingness to work with Democrats.
When Reagan took office in January 1981, unemployment was 7.5%. At the end of his first term, in January 1985, it was 7.3% and falling. At the end of his second term in January 1989, it was 5.4%.
In the aggregate, Reagan's tax cuts were greater than his tax increases. He had the courage to admit his tax cuts were too deep, and he rolled them back a little.
Reagan also worked with his political opponents to reform the tax code and to reform welfare. He eliminated a great many tax expenditures that benefited the wealthy.
He also had the guts to stand firm on raising interest rates to end the runaway inflation he inherited, even though he was being attacked from all sides for doing so. But he was right and he saved the economy.
In January 1981, inflation stood at 11.8 percent. In January 1989, inflation was at 4.7 percent.
Reagan had balls. Huge balls of steel. He ramped up our defense posture in a big way. "Peace through strength."
This ramping up scared the bejeesus out of the obsequious lefties who felt we should suck the USSR's dick so as not to piss them off. There were protests all over Western Europer by the longhairs.
One of my favorite bands, Genesis, made a video called "Land of Confusion" which encapsulates the pants wetting of the liberals. The video portrayed Reagan as a guy who was going to get us all killed.
The libbies were wrong.
By esclating the arms race, Reagan broke the USSR's bank. They couldn't keep up.
You see, Reagan knew something. He knew the USSR's defense posture was all a huge sham. They were nowhere near the big badass they had the commie symps in the West believing they were.
Reagan had inside information to the contrary, and he had the balls to act on it.
So, yeah, Reagan spent money like crazy. Yes he did. But he did it to break the USSR. And it worked.
No retard will ever convince me Reagan was nothing other than one of our greatest Presidents.