how is the economy booming under bush? even without the war in iraq, look at the performance of the real estate market. Whats so "prosperous" about the economy? or our 9 trillion dollar deficit?
You are "right-on" my friend. I took a class at USC in 1979 and one lecture was delivered by Ronald Reagsn - I waited 45 minutes after the class just to shake his hand. He was a super positive person not the "doom and gloom" idiots that we have in Congress now!
Wow! It is so good to see some really great, intelligent discussion. You should really all check out the book "Basic Economics" by Thomas Sowell. It's a really great explanation on how the economy works that anyone could understand.
this rocks! nicely done, love the presentation. I'd add something about how much more taxes are collected when tax rates are reduced--that is a well-documented fact that is never aired in public by the liberal PR (news) orgs
Before his Reagan's takeover the inflation and interest rates were already heading up. As soon as his new economic plan was implemented they started falling. The results of this can, as you stated be seen after his presidency.
The federal deficit was high during his presidency but they were lowering as he was coming out of office (didn't last long b/c of Bush Sr.'s war)
Now, no we are not in good shape. But thats mostly because of the war. If we would stop meddling in other peoples affairs and concentrate on our own policy for once, i am certain that the situation would improve.
how is the economy booming under bush? even without the war in iraq, look at the performance of the real estate market. Whats so "prosperous" about the economy? or our 9 trillion dollar deficit?
What success? Under Reagan stock market folded. Inflation was high, mortgages interest has high as 12 1/2%. You can ck out Black Monday. If AEI still has their report up, you can read that also. The economy didn't start to rebound until the last year under President Bush SR. President Clinton was elected because he made the promises to get the US out of debt, part of Reaganomics and part because of the war under President Bush.
Under Presitent Clintonm inflation undercontrol, Mortgage drop to 5 1/2% stock market was as high 1200,
then 9/11 Stock market drop back down to 780 points.
It's not Reaganomics that worked, it is world market and the things that happen in the world. Stop and think right now are we in good shape? We have a big debt and no one is talking about it.
Cutting taxes is only about 185 more a year. The Rep's cutting taxes is just a way for them to get elected. You can go to the AEI (which is a conservatives Think tank and ck it out yourself.
They also say it doesn't really work. That is my evidence. We the party that claims it to work, then comes back with the data and it show it doesn't work.
ok... i dont get it
nobudylikesu 3 years ago
good video, totally agree...
so ur intelligent, and Hilarious! NICE! =]
YOU AND UR CRAZY FRIENDS! =P
LionsROAR111 4 years ago
how is the economy booming under bush? even without the war in iraq, look at the performance of the real estate market. Whats so "prosperous" about the economy? or our 9 trillion dollar deficit?
skyd171 4 years ago
You are "right-on" my friend. I took a class at USC in 1979 and one lecture was delivered by Ronald Reagsn - I waited 45 minutes after the class just to shake his hand. He was a super positive person not the "doom and gloom" idiots that we have in Congress now!
midalia1 4 years ago
Wow! It is so good to see some really great, intelligent discussion. You should really all check out the book "Basic Economics" by Thomas Sowell. It's a really great explanation on how the economy works that anyone could understand.
stand21C 4 years ago
this rocks! nicely done, love the presentation. I'd add something about how much more taxes are collected when tax rates are reduced--that is a well-documented fact that is never aired in public by the liberal PR (news) orgs
cryinthestreets 4 years ago
Before his Reagan's takeover the inflation and interest rates were already heading up. As soon as his new economic plan was implemented they started falling. The results of this can, as you stated be seen after his presidency.
The federal deficit was high during his presidency but they were lowering as he was coming out of office (didn't last long b/c of Bush Sr.'s war)
MrPyro321 4 years ago
Now, no we are not in good shape. But thats mostly because of the war. If we would stop meddling in other peoples affairs and concentrate on our own policy for once, i am certain that the situation would improve.
MrPyro321 4 years ago
how is the economy booming under bush? even without the war in iraq, look at the performance of the real estate market. Whats so "prosperous" about the economy? or our 9 trillion dollar deficit?
skyd171 4 years ago
What success? Under Reagan stock market folded. Inflation was high, mortgages interest has high as 12 1/2%. You can ck out Black Monday. If AEI still has their report up, you can read that also. The economy didn't start to rebound until the last year under President Bush SR. President Clinton was elected because he made the promises to get the US out of debt, part of Reaganomics and part because of the war under President Bush.
pbilger 4 years ago
Under Presitent Clintonm inflation undercontrol, Mortgage drop to 5 1/2% stock market was as high 1200,
then 9/11 Stock market drop back down to 780 points.
It's not Reaganomics that worked, it is world market and the things that happen in the world. Stop and think right now are we in good shape? We have a big debt and no one is talking about it.
pbilger 4 years ago
Cutting taxes is only about 185 more a year. The Rep's cutting taxes is just a way for them to get elected. You can go to the AEI (which is a conservatives Think tank and ck it out yourself.
They also say it doesn't really work. That is my evidence. We the party that claims it to work, then comes back with the data and it show it doesn't work.
pbilger 4 years ago
Out of curiosity, how would you explain the great economic success of Reaganomics?
MrPyro321 4 years ago
Yes you don't know what you are talking about. Ck your history kid.
pbilger 4 years ago
and your dissenting evidence....
MrPyro321 4 years ago
Right. That person should post facts if the person knows any and if the person gives a shit.
apromoterofgod 4 years ago