The truth about Reaganomics

[Truthmatters]

you cant understand that SEC doc huh?

 

[Truthmatters]

Funny it was not keynesian policy that created this mess

Just government interference in the market.........................

there comes a time in which one has to ask
who, what matters not
when is this going to be un done?
how much money is BHO going to spend?
its not his money

Its as much his as yours

 

[bigrebnc1775]

8 fucking years

My source as you saw says 4 years.
Matching year 4 with year 4

 

[Truthmatters]

JRK explain what that SEC doc means

 

[Full-Auto]

Funny it was not keynesian policy that created this mess

Just government interference in the market.........................

there comes a time in which one has to ask
who, what matters not
when is this going to be un done?
how much money is BHO going to spend?
its not his money

The government is a black hole that will consume us all.

Looking at the figures...It can only end very badly...................

 

[Truthmatters]

you dont know what it means do you?

 

[Truthmatters]

this is what you people do when confronted with undeniable facts

 

[NYcarbineer]

Taxes are lower now than they were under Reagan. Does that explain our booming economy and balanced budget? lol

Reagan won the Cold War. Why then does Romney think that Russia is our most dangerous enemy?

 

[bigrebnc1775]

Bush crashed the econony and lying about it wont change that

Now why would Bush want to crash the economy and make it hard for a republican to run for president and win? It would seem more feasible that the democrats would want the economy to crash, to make it easy for a democrat to win the presidency.

 

[JRK]

you cant understand that SEC doc huh?

what does that have to do with the failures of the last 3 years?

 

[Truthmatters]

reagan won huge debts and not the cold war

 

[NYcarbineer]

Why do Liberals hate Reagan so much? He revitalized the economy and defeated the USSR

It was the Democratic Congress that revitalized the economy and won the Cold War. St Ronnie is merely trying to steal credit for the accomplishments of others which is absolutely despicable of him.

Like Bush get's credit for the bad economy and the democratic controlled congress from 2007 until 2009 don't?

Frank has repeatedly blamed the recession on the Democratic Congress elected in 2007. That's what makes ed's joke so perfect.

 

[Truthmatters]

[ame=http://www.youtube.com/watch?v=YsDmPEeurfA]President Bush Addresses Nation on Economic Crisis - YouTube[/ame]

 

[Full-Auto]

reagan won huge debts and not the cold war

simply amazing at what a partisan POS you really are.


Not shocking democrats wont hold their congress accountable either.

 

[bigrebnc1775]

reagan won huge debts and not the cold war

Wouldn't you agree that 7.75 GDP in four years is a lot better than 2.2 GDP in four years?

 

[bigrebnc1775]

It was the Democratic Congress that revitalized the economy and won the Cold War. St Ronnie is merely trying to steal credit for the accomplishments of others which is absolutely despicable of him.

Like Bush get's credit for the bad economy and the democratic controlled congress from 2007 until 2009 don't?

Frank has repeatedly blamed the recession on the Democratic Congress elected in 2007. That's what makes ed's joke so perfect.

You blame bush but not the democrats? Most of the same democrats are still in their elected position when the economy crashed, and the economy is actually worse now than then.

 

[Truthmatters]

Everything You Think You Know About the Collapse of the Soviet Union Is Wrong - By Leon Aron | Foreign Policy

he did not win the cold war

 

[Truthmatters]

AEI - Scholars - Leon Aron

one of the worlds top russian history experts

 

[francoHFW]

The truth about Reaganomics and Voodoo, shytteheads, if you're don telling how Reagan brought glastnost and perestroika to the USSR...Pub dupes!!

The Demise of the American Middle Class In Numbers.

Over the past 60 years 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--June 7, 2012
5/6 = Wealth And Inequality In America - Business Insider

 

[Truthmatters]

republicans just repete a lie untill people believe it