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And of course he tripled the national debt and gave us the deregulation s&L bubble bust Scandal recession. What a scam....That was all with a 50% top tax rate. Then on his way out he gave us a 28% top tax rate and we have been screwed ever since....I'm sure it has nothing to do with the Republicans since Reagan wrecking the middle class and giving us the worst inequality and upward mobility in our history and in the modern world by far. The only problem where the education is the garbage GOP propaganda machine throwing out all kinds of misinformation and hate character assassination that goes nowhere in the real world but rules dupe world. I know a tax cut for the rich!The question is, which schools don't turn out dunces like me? Obviously if government schools that turn out dunces like me and private schools turn out dunces like you, there is no such indictment since there is no difference.
You can't be much of an American if you're satisfied with this result of government schooling.
“In fourth grade, American students outperform most other countries in reading, math and science. Fourth-graders score in the 92nd percentile in science, the 58th percentile in math and the 70th percentile in reading, where they beat 26 of 35 countries, including Germany, France and Italy. But by the eighth grade, American students are only midrange in international comparisons. By the 12th grade Americans fall from the 92nd percentile in science to the 29th percentile. While American fourth-graders are bested only by South Korea and Japan in science, by 12th grade, the only countries the American students can beat are Lithuania, Cyprus and South Africa.” Coulter, ‘Godless’p151
And let's not gloss over the fact that it is Democrats/Liberals who are copacetic with same.
"... the Republicans since Reagan wrecking the middle class ..."
Let's check.
- 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.
George Gilder: The Real Reagan Lesson for Romney-Ryan
Reaganomics - Wikipedia
And the tax cuts of the Economic Recovery Act of 1981 stimulated economic growth. “As a 1982 JEC study pointed out,[1] similar across-the-board tax cuts had been implemented in the 1920s as the Mellon tax cuts, and in the 1960s as the Kennedy tax cuts. In both cases the reduction of high marginal tax rates actually increased tax payments by "the rich," also increasing their share of total individual income taxes paid.” http://www.house.gov/jec/fiscal/tx-grwth/reagtxct/reagtxct.htm
“As inflation came down and as more and more of the tax cuts from the 1981 Act went into effect, the economic began a strong and sustained pattern of growth.” http://www.ustreas.gov/education/fact-sheets/taxes/ustax.shtml
- The benefits from Reaganomics:
- The economy grew at a 3.4% average rate…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 D’Souza, “Ronald Reagan: How an Ordinary May Became an Extraordinary Leader,” p. 116
b. and c. Kiva Lending Team: Team REAL Americans | Kiva
A golden age for middle-class Americans.
Wow.....that must hurt, huh?
I was hopin' you'd say that about the debt.....
Watch me smash this custard pie in your ugly kisser:
- Under Reagan, the debt went up $1.7 trillion, from $900 billion to $2.6 trillion.
- But….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.
George Gilder: The Real Reagan Lesson for Romney-Ryan
Reaganomics - Wikipedia
Pop quiz: which is greater.....1.7 or 17?