The American Dream disapears under Reaganism...wake up!

[Listening]

implementing his wildly successful tax plan

Of course! Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

Don't hold your breath on that one.

3.5+ years after Obama takes over and it is still Bush's fault.

But the solid economic environment provided by Reagan/Bush I allowed Clinton/Gingrich to do some good things.

Think R.R. gets credit ?

But it is still Boooooooooooooooooooooossssshhhhhhh.

They say that it takes about 4 years before you notice a difference that a President makes.

Could be more.

What you just said was that Reagan should get credit for the Clinton years (first part) and Clinton should get credit for the Bush years.

 

[Procrustes Stretched]

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.

The Demise of the American Middle Class In Numbers. | Fact Left

and Bill Clinton helped.

 

[rightwinger]

It did give Clinton a good 6 years.

What gave Clinton his dynamite economy was throwing the epically failed right wing "trickle down" trash in the garbage where it belongs, and implementing his wildly successful tax plan.
If it wasn't for dumbass W going back to the horrific GOP fiscal policies, we would likely be debt free by now.

implementing his wildly successful tax plan

Of course! Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

Balanced the Budget.......haven't had one since

 

[Procrustes Stretched]

We must hold Clinton to task for his part in the Glass/Steagall crap, but he did balance things. If only he didn't listen too much to the conservatives.

Reagan started the real decline of American's standard of living. The 70s, were fixable. But 30 years of Reaganomics got us to 2007/2008

 

[Mr. Peepers]

Even one of Reagan's advisors admits it:

And he was in the circle of the people who "developed" the disastrous politics that were Reaganomics.
Oopsie!

Reagan insider: 'GOP destroyed U.S. economy' - MarketWatch

 

[francoHFW]

NOT Boooosh- since 2/4/2010 it's been the do nothing Pub congress and the fear mongering BS propaganda machine.

"No compromise, un-American Tea Party GOP" (TIME)- a disgrace.

 

[Toddsterpatriot]

What gave Clinton his dynamite economy was throwing the epically failed right wing "trickle down" trash in the garbage where it belongs, and implementing his wildly successful tax plan.
If it wasn't for dumbass W going back to the horrific GOP fiscal policies, we would likely be debt free by now.

implementing his wildly successful tax plan

Of course! Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

Balanced the Budget.......haven't had one since

Clinton didn't balance the budget. Every year after 94, he wanted to spend more, not less, than the Republicans.

Try again?

Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

 

[Toddsterpatriot]

Even one of Reagan's advisors admits it:

And he was in the circle of the people who "developed" the disastrous politics that were Reaganomics.
Oopsie!

Reagan insider: 'GOP destroyed U.S. economy' - MarketWatch

Once a weasel, always a weasel.

 

[Toddsterpatriot]

NOT Boooosh- since 2/4/2010 it's been the do nothing Pub congress and the fear mongering BS propaganda machine.

"No compromise, un-American Tea Party GOP" (TIME)- a disgrace.

Obama, just not ready for the big leagues.

 

[Procrustes Stretched]

Wake up to what? Jimmie Carter? That's a nightmare.

things go in cycles. the economy would have started to grow under a Carter 2nd term -- minus the HUGE DEBT Reagan accumulated

 

[Procrustes Stretched]

implementing his wildly successful tax plan

Of course! Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

Balanced the Budget.......haven't had one since

Clinton didn't balance the budget. Every year after 94, he wanted to spend more, not less, than the Republicans.

Try again?

Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

The US Economy was in better shape after -- 8 years of Reagan, 8 years of Clinton, 8 years of GW Bush?

lets see if you can answer truthfully?

 

[rightwinger]

implementing his wildly successful tax plan

Of course! Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

Balanced the Budget.......haven't had one since

Clinton didn't balance the budget. Every year after 94, he wanted to spend more, not less, than the Republicans.

Try again?

Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

Clinton left Bush a budget surplus

Raise highest tax rate from 31 to 39.6% and you have more money coming in. Something republicans never figured out. Cutting taxes without cutting spending = deficit

Clinton left a surplus

 

[Toddsterpatriot]

Balanced the Budget.......haven't had one since

Clinton didn't balance the budget. Every year after 94, he wanted to spend more, not less, than the Republicans.

Try again?

Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

The US Economy was in better shape after -- 8 years of Reagan, 8 years of Clinton, 8 years of GW Bush?

lets see if you can answer truthfully?

Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

 

[Toddsterpatriot]

Balanced the Budget.......haven't had one since

Clinton didn't balance the budget. Every year after 94, he wanted to spend more, not less, than the Republicans.

Try again?

Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

Clinton left Bush a budget surplus

Raise highest tax rate from 31 to 39.6% and you have more money coming in. Something republicans never figured out. Cutting taxes without cutting spending = deficit

Clinton left a surplus

Raise highest tax rate from 31 to 39.6% and you have more money coming in.

Giving the government more money fixes the economy how?
A question democrats never answer.

Cutting taxes without cutting spending = deficit

I agree, that's why we need deep spending cuts immediately.

 

[rightwinger]

Clinton didn't balance the budget. Every year after 94, he wanted to spend more, not less, than the Republicans.

Try again?

Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

Clinton left Bush a budget surplus

Raise highest tax rate from 31 to 39.6% and you have more money coming in. Something republicans never figured out. Cutting taxes without cutting spending = deficit

Clinton left a surplus

Raise highest tax rate from 31 to 39.6% and you have more money coming in.

Giving the government more money fixes the economy how?
A question democrats never answer.

Cutting taxes without cutting spending = deficit

I agree, that's why we need deep spending cuts immediately.

Gosh......all the conservatives have been pushing a balanced budget to help the economy. Clinton raised the highest tax rate and ran a surplus

 

[Listening]

Balanced the Budget.......haven't had one since

Clinton didn't balance the budget. Every year after 94, he wanted to spend more, not less, than the Republicans.

Try again?

Raising the top rate from 31% to 39.6% fixed the economy how exactly?
Work through the steps for me.

Clinton left Bush a budget surplus

Raise highest tax rate from 31 to 39.6% and you have more money coming in. Something republicans never figured out. Cutting taxes without cutting spending = deficit

Clinton left a surplus

Hold on there.....

The Myth of the Clinton Surplus |

Time and time again, anyone reading the mainstream news or reading articles on the Internet will read the claim that President Clinton not only balanced the budget, but had a surplus. This is then used as an argument to further highlight the fiscal irresponsibility of the federal government under the Bush administration.

The claim is generally made that Clinton had a surplus of $69 billion in FY1998, $123 billion in FY1999 and $230 billion in FY2000 . In that same link, Clinton claimed that the national debt had been reduced by $360 billion in the last three years, presumably FY1998, FY1999, and FY2000--though, interestingly, $360 billion is not the sum of the alleged surpluses of the three years in question ($69B + $123B + $230B = $422B, not $360B).

While not defending the increase of the federal debt under President Bush, it's curious to see Clinton's record promoted as having generated a surplus. It never happened. There was never a surplus and the facts support that position. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion.

Whhhhhoooooops.

 

[Listening]

NOT Boooosh- since 2/4/2010 it's been the do nothing Pub congress and the fear mongering BS propaganda machine.

"No compromise, un-American Tea Party GOP" (TIME)- a disgrace.

Waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

 

[Toddsterpatriot]

Clinton left Bush a budget surplus

Raise highest tax rate from 31 to 39.6% and you have more money coming in. Something republicans never figured out. Cutting taxes without cutting spending = deficit

Clinton left a surplus

Raise highest tax rate from 31 to 39.6% and you have more money coming in.

Giving the government more money fixes the economy how?
A question democrats never answer.

Cutting taxes without cutting spending = deficit

I agree, that's why we need deep spending cuts immediately.

Gosh......all the conservatives have been pushing a balanced budget to help the economy. Clinton raised the highest tax rate and ran a surplus

Clinton raised the highest tax rate and ran a surplus.

Gingrich and the first Republican House in 40 years balanced the budget.
Clinton didn't just raise the highest rate. He also taxed Social Security benefits.
Raised Medicare taxes and raised corporate tax rates.

 

[rightwinger]

Raise highest tax rate from 31 to 39.6% and you have more money coming in.

Giving the government more money fixes the economy how?
A question democrats never answer.

Cutting taxes without cutting spending = deficit

I agree, that's why we need deep spending cuts immediately.

Gosh......all the conservatives have been pushing a balanced budget to help the economy. Clinton raised the highest tax rate and ran a surplus

Clinton raised the highest tax rate and ran a surplus.

Gingrich and the first Republican House in 40 years balanced the budget.
Clinton didn't just raise the highest rate. He also taxed Social Security benefits.
Raised Medicare taxes and raised corporate tax rates.

Thanks...Clinton balanced the budget

 

[Toddsterpatriot]

Gosh......all the conservatives have been pushing a balanced budget to help the economy. Clinton raised the highest tax rate and ran a surplus

Clinton raised the highest tax rate and ran a surplus.

Gingrich and the first Republican House in 40 years balanced the budget.
Clinton didn't just raise the highest rate. He also taxed Social Security benefits.
Raised Medicare taxes and raised corporate tax rates.

Thanks...Clinton balanced the budget

Gingrich and the Republicans pushed for less spending every year than Clinton.
They balanced the budget.
So let's try cutting spending again.