francoHFW
Diamond Member
Bologna the last 30 years since Reagan left us with a 28% top rate has been the ruin of the middle class and the country. Thanks for the worst inequality and upward mobility in our history and anywhere in the modern world. No matter how many $8 an hour jobs are. And of course Obama produced more jobs and growth in his last 3 years than Trump has in his. you live on an imaginary planetYes yes he tripled the debt and gave us the s&l bubble bust. He had his success with a 50% top tax rate and then gave us the kiss of death 28% top tax rate on his way out the door. Great acting job but a total disaster for the country. Not to mention the ridiculous GOP propaganda machine he gave us. So half the country lives on an imaginary planet. Where the GOP are frontier freedom fighters and Democrats are all criminals even though absolutely none of the ridiculous charges ever gets anywhere in the real world....Reagan was totally full of s*** and wanted a give away to the greedy idiot rich and giant corporations while screwing over everyone else. So now we have a flat tax system and the worst inequality and upward mobility ever and anywhere in the modern world by far. Great job, brainwashed functional moron.Someone should define socialism. here I will-- in the modern sense socialism is always Democratic Fair capitalism with a good safety net. "We are all socialists now!"--president of Finland when ObamaCare passed. The English-speaking world is way behind thanks to the GOP and the Tories, the worst Savage capitalists in the world for centuries and their propaganda.Napoleon was slightly taller than the average and he did not say England was a country of shopkeepers, he said they were a country of monopolists.
I can help.
The Founders, classical liberals, conservatives
a. individualism, free markets, and limited constitutional government.
Fascists, Nazis, Liberals, Progressives, Socialists, Communists
b. the collective, command and control regulation of private industry, and overarching government that can order every aspect of the private citizen's life....right down to control of his thoughts and speech.
None of the totalitarian forms of political plague have the slightest concern for human life: not communism (gulags), not Nazism (concentration camps), not Liberalism (abortion), not Progressivism (eugenics), not socialism (theft), not fascism (murder).
They only differ in the final outcome: slavery, serfdom, or death.
They all follow Trotsky: "We must rid ourselves once and for all of the Quaker-Papist babble about the sanctity of human life."
" Franklin Roosevelt had pictured a place where citizens were joined in a collective enterprise ... Reagan pictured a more individualistic America where everyone would flourish once freed from the shackles of the state, and so the watchwords became self-reliance and small government."
The Liberal Crackup
Get it now????
Jot this down:
- The benefits from Reaganomics:
- The economy grew at a 3.4% average rateā¦compared with 2.9% for the previous eight years, and 2.7% for the next eight.(Table B-4)
- Inflation rate dropped from 12.5% to 4.4%. (Table B-63)
- Unemployment fell to 5.5% from 7.1% (Table B-35)
- Prime interest rate fell by one-third.(Table B-73)
- The S & P 500 jumped 124% (Table B-95) http://www.gpoaccess.gov/eop/tables10.html
- Charitable contributions rose 57% faster than inflation. Dinesh DāSouza, āRonald Reagan: How an Ordinary May Became an Extraordinary Leader,ā p. 116
b. and c. Kiva Lending Team: Team REAL Americans | Kiva
While the ranks of the wealthy quickly multiplied, middle-class investors also entered the stock market in rapidly growing numbers. The creation by Congress in 1978 of the 401(k) tax-deferred retirement plan provided new incentives for workers to invest their savings in the stock market (often through mutual funds) rather than relying on company-funded pensions for retirement. The 401(k) led to a kind of democratization of Wall Street, as the percentage of American households owning some stake in the stock marketāeither directly or through mutual fundsāshot quickly from 15.9% in 1983 to 29.6% in 1989.23 Thus the great bull market of the 1980s created more wealth, for more American families, than any previous boom in history.
Investment Company Institute, "Equity Ownership in America, 2005," http://www.ici.org/pdf/rpt_05_equity_owners.pdf,
The Reagan Era Learning Guide: Citations
"....he tripled the debt...."
Amazing how ignorant you are.
George Gilder: The Real Reagan Lesson for Romney-Ryan
- Under Reagan, the debt went up $1.7 trillion, from $900 billion to $2.6 trillion.
- Butā¦.the national wealth went up $ 17 trillion
- Reagan's near-trillion-dollar bulge in defense spending transformed the global balance of power in favor of capitalism. Spurring a stock-market, energy, venture-capital, real-estate and employment boom, the Reagan tax-rate cuts and other pro-enterprise policies added some $17 trillion to America's private-sector assets, dwarfing the trillion-dollar rise in public-sector deficits and creating 45 million net new jobs at rising wages and salaries.
Reaganomics - Wikipedia
āBetween the early 1980s and 2007 we lived in an economic Golden Age. Never before have so many people advanced so far economically in so short a period of time as they have during the last 25 years. Until the credit crisis, 70 million people a year were joining the middle class. The U.S. kicked off this long boom with the economic reforms of Ronald Reagan, particularly his enormous income tax cuts. We burst from the economic stagnation of the 1970s into a dynamic, innovative, high-tech-oriented economy. Even in recent years the much-maligned U.S. did well. Between year-end 2002 and year-end 2007 U.S. growth exceeded the entire size of China's economy.ā
How Capitalism Will Save Us
I hope you learn more when you get to college, you dope.