Reagan raised the deficit more than anyone, and his economics have put the world in the worst recession since the thirties (by the way before the thirties the economics the world embraced was similar to raganomics)
Reagan raised taxes 11 times, Reagan did not cut spending (the deficit tripled), unemployment averaged 7.5% throughout his presidency (8.6% during his 1st term) and did not fall below 7% until 1986. And I won't even start on the decrease of average wages because there's a limit on the number of HARD FACTS that can be presented to a conservative before he explodes.
@Turtleproof Even if taxes were raised for the rich, they'd be making more money for themselves. If the wealth is more evenly shared then those on top get MORE! Sadly, these lessons are not yet being implemented.
To this day Reaganomics has destroyed our economy. Pre Reagan we were the largest exporter of manufactured goods, were the largest creditor in the world, and were the biggest importer of raw materials. After Reaganomics we are the largest indebted nation, biggest importer of manufactured goods, and exporter of raw materials. Almost the definition of a third world country. Reagan crushed the American Dream. Unless you are rich of course.
Freedom loving, heroic, iconic Reagan, despite being elevated to near sainthood by the right, was involved in many a dodgy deal - including ARMING IRAN and propping up brutal, murdering dictatorships in Central America and West Africa. If Obama was involved in ONE TENTH of Reagan's dirty work, the Right would go into a state of apoplexy. This amnesia over Reagan's legacy is nearing lunatic proportions.
Why cant you people understand things for yourself? Why cant you see that America is founded on business and freedom? Why cant you see that when you raise taxes business owners move to other countries? Why cant you see that with less government a nation can prosper and with more it falls into disarray? All throughout history when a government becomes to controlling it falls.....Do we really want to do this to America? Think about it
@Ambience008 To this day Reaganomics has destroyed our economy. Pre Reagan we were the largest exporter of manufactured goods, were the largest creditor in the world, and were the biggest importer of raw materials. After Reaganomics we are the largest indebted nation, biggest importer of manufactured goods, and exporter of raw materials. Almost the definition of a third world country. Reagan crushed the American Dream. Unless you are rich of course.
@MarioSMB3 Of course that World Health Organization study did not actually measure the quality of our health care, it measured the EQUALITY of distribution. A country where 1/2 of it's people get EXCELLENT care and the other 1/2 get very good care, could (and did) actually score lower than a country where the care was merely OK, - as long as EVERYONE got merely OK care.
LITERALLY 66% of this rating was NOT quality of care, but distribution.
... a foundation of cowardice: fear of people with colors, religions, cultures and sex lives that differ from your own; fear of reform in banking, health care, energy; fantasy fears of America being transformed into an Islamic nation, into social/commun/fasc-ism, into a disarmed populace put in internment camps; and more. ... “An open letter to conservatives” tpmcafe talkingpointsmemo
@gundamWWW He did NOT dub his policies as "Reaganomics" that was a DEROGATORY term that Reagan adopted to his advantage - much like the colonists used "Yankee Doodle Dandee".
The laffer curve is STILL showing increased revenues- just not in the lower income brackets. ( not sure l like the wording)
His increase in the Debt was due almost entirely to entitlements -which he had no control over, and the military where only ONE of 10 army divisions in the CONUS, was in acceptable shape.
@gundamWWW But his ad is still spot on. Tax cuts WORKED - and he did indeed hold the line on discretionary domestic spending. In the last few years of his term, the economic growth his cuts generated began to wipe out the deficit, and this continued nearly uninterrupted clear into the early 2000's. THEY are what generated the near elimination of the deficit that Clinton claimed credit for.
The intial tax cuts were effective for the economy, but don't forget that Reagan and Clinton contributed to the deregulation of the financial system, to the point that the entire system was jeapordized in late 2008.
This led to the government, being in the precarious situation of bailing out (nationalizing) major banks, autmotive companies and insurance companies...
Now our defecit is larger then ever because of this.
@gundamWWW It is not the de-regulation that jeopardized our system it was quite the opposite.Government involvement is the issue.We actually GUARANTEED a profit to banks who made loans that were risky.Our government encouraged these things that led to a bubble INCLUDING the securitization of the mortgages. In addition pressure was brought on the Federal reserve to keep interest rates artificially low AND changes in the CRA made it easier for groups to sue banks and thus force more risky loans.
@gundamWWW By getting government involved, we took away the risk that keeps organizations from making dangerous decisions. This was done by members of both parties, but Reagan has NOTHING to do with it and Clinton (other than the changes in the CRA) had little to do with it.
We did not have to bail anyone out - that is part of the problem. By doing so, we are perpetuating the idea that business does not have to worry about excessively risky decisions, and that is a huge problem.
@gundamWWW Here is a simpified ( although it won't appear so) explanation of what happened. As long as this will be, it still is not a complete explanation, but anything more would be impossible in this format.
No one thing - but a lot of little things, & some big things set the conditions for a collapse of the housing market, and once set all we needed was to have the trigger pulled to set everything in motion. (continued)
@gundamWWW (resumed #1) The major problem was an un-natural boom in the housing market.There are several factors that contributed to this.1)Interest rates were kept artificially low to aid the economic growth during the Bush years.This effectively lowered the cost of buying a house-while still allowing for significant increases in the actual purchase price.This allowed many people to be able to afford homes that otherwise would not have been able to. (continued)
@gundamWWW (resumed #2) It also attracted speculators to the industry which furthered a cycle of booming demand.
2)Government programs to increase home ownership amongst lower income people. These were set up via Fannie mae and Freddie mac and banks were both encouraged (via guarantees on these loans) and forced (via community activists and the lawsuits they brought under the CRA) to make loans to people who otherwise would not be able to obtain these loans. (continued)
(resumed #3) These dramatically increased the demand for housing - and led to staggering increases in the selling prices of many homes.
This is what set the table for the crisis.
Then there was the trigger that set things in motion and factors that made the situation much worse than it would normally have been. Without this trigger, things likely would have continued on for much longer, and either normalized slowly (if the policies of interference were ended) or they would have gotten worse.
@gundamWWW (resumed #4)The trigger was the oil price shock that occurred back in 2006 & 2007 - this set off a downturn in the economy and an increase in costs that put extreme pressure on the budgets of those who were able to purchase housing (but barely) because of the government programs mentioned earlier. Gas money and increased costs for staples dried up the mortgage money. If you check back the foreclosure rate started rising back around this time frame. (continued)
(resumed #5) The oil price increase acted much like a tax increase by sapping up money that would otherwise have been used to increase production/investments etc.
Normally you would have seen a dramatic fall off of the economy and also a dramatic recovery - pretty much following the price of oil - but with the effects offset by about a year to account for the time it takes for such things to work their way into the general health of the economy. (continued)
@gundamWWW . (resumed #6) Well, we saw the dramatic fall - off, but because of the ticking time bomb previously described in the mortgage industry, we never got the dramatic recovery. Instead, because of the dramatic increases in foreclosures caused by the economic slowdown, a huge number of unqualified home owners, as well as a huge number of speculators who got caught holding the bad at the wrong time the downturn was much harder to break out of. (continued)
@gundamWWW (resumed) Here is why. Because of the increase in foreclosures, banks began to reach their reserve requirements and were forced to sell off their assets and instead of a booming demand – we now had an HUGE excess supply – a glut and housing prices began to crash. Here again, government regulations increased the problems a while back, we instituted “mark to market” accounting requirements. (continued)
@gundamWWW (resumed #8) This change forced banks to value their assets at what they could sell them for RIGHT NOW, instead of their intrinsic value in a normal market. This forced them to sell off more assets – further devaluing real estate and a panic ensued as the cycle began to spin out of control. This is what brought down the securities attatched to the mortgages. (continued)
@gundamWWW (resumed #9) Which brings up another topic – the securitization of these mortgages was originally developed to deal with the extra risk that banks were being forced into – and guess what, the GSE’s (quasi governmental corps) are what enabled them by giving an illusion of security. . The thought was that by cutting up bad loans and combining them with good loans, the risk would be spread thin enough to protect the overall security . (continued)
@gundamWWW (resumed #10) This would act like an insurance policy against the additional risk posed by marginal loans. It SHOULD have worked, but the sheer volume of bad loans overwhelmed even this mechanism and instead of helping, it made it worse. (continued)
@gundamWWW (LAST ONE!!!!!!!!!) At EVERY step of the way, government interference is what cause the problem, from the spike in the oil prices, to the low interest rates, to the accounting requirements to the reserve requirements to the "affordable housing" initiatives, to the changes in the CRA, to the guaranteeing of the loans.
EVERY significant factor that contributed to the crash was a direct consequence of government interfering with the free market, NOT a lack of interference.
@gundamWWW Although I agree with Bernake and the dipshit before him's role in this mess. Deregulation had very little to do with the problem. FDR's policies helped to make it much harder to get out of this mess and led to the panic that occured in October of 2008.
The speculative/commercial problem was a SYMPTOM, not a cause of the crisis.
Tear Down This Myth: How the Reagan Legacy Has Distorted Our Politics and Haunts Our Future - by Will Bunch
Excerpt :
His 1981 tax cut was followed quickly by tax hikes that you rarely hear about, and Reagan’s real lasting achievement on that front was slashing marginal rates for the wealthy – even as rising payroll taxes socked the working class.
His promise to shrink government was uttered so many time that many acolytes believe it really happened, but in fact Reagan expanded the federal payroll, added a new cabinet post, and created a huge debt that ultimately tripped up his handpicked successor, George H.W. Bush.
What he did shrink was government regulation and oversight -- linked to a series of unfortunate events from the savings-and-loan crisis of the late 1980s to the sub-prime mortgage crisis of the late 2000s.
@thegreendestiny How can you claim this when he STOPPED the free-fall of the working man's wages? How can you say this when household incomes went up dramatically under his watch? How can you say that when his policies helped to create MILLIONS of jobs both while he was in office AND millions more with the companies that were started or expanded because of his polices when he was in office?
You need to look at the truth instead of your marxist sources.
@ToddAldrich The points you have stated were all achieved on a short term. You have to look at the lasting impact of it which is more important. The failures of today far outweigh the benefits achieved shorthand.
@thegreendestiny The lasting impact is that he laid a base for the highest paid wages in our country and many of the jobs that Clinton and both Bush's counted as jobs they created.
He restored the military from one where only ONE of the 10 army divisions charged with defending the Continental U.S. was in satisfactory condition - at a time when the Soviet Union was at it's very peak of power and influence. His long lasting success is what he deserves most credit for.
Obama wants us to believe that his motivation is to help the small number of Americans who do not have health insurance. Those who have no health insurance will receive better health care from almost any hospital than from having Obama Health Insurance.
Obama a liar and knew stimulus was not really being used for "shovel ready jobs?" Yep. Liar and knew it as he told you to your faces he was lying. Proof = In an hour-long interview with the Times’s White House correspondent, Peter Baker, Mr. Obama admitting that he let himself look too much like “the same old tax-and-spend Democrat,” realized too late that “there’s no such thing as shovel-ready projects” and perhaps should have “let the Republicans insist on the tax cuts” in the stimulus.
Socialized medicine has failed every time it is tried. Socialized medicine means, among other things, rationing, waiting for availability, all financial controls and the authority to deny treatment that is not considered cost effective, even though it may be a life or death decision.
Our health care system is not perfect, but is still the best in the world. Obama wants to waste something like a trillion dollars to have a single provider. Very briefly, he wants to socialize medicine, to have total control over all health care and the lives of the elderly.
there is audio on the net of obama sayig he wanted shovels used on killing the elderly those are the shovel ready jobs he wants
Keynesian economics does not work and why liberals must stop embracing it or be removed from the country as the bacteria they are if life can continue to survive.
Keynesian economics does not work and why liberals must stop embracing it or be removed from the country as the bacteria they are if life can continue to survive. The White House recently began claiming that the “Recovery Act” had “created or saved” 640,000-plus jobs.
This is by far incomplete a list but, are things that helped people see Obama is a Maoist who hates America.
Took over GM, Insurance companies, banks. Trying to set a cap on what people earn .reinstating the death tax at 40%, traveling around the world embarrassing us apologizing for what?
@orgasmicide2 lets all give a loud applause to the liberal socialists of America and over seas for all their hard work in creating the riots of France Egypt and Greece. may their reward in death be a rich one
Mr. Obama frequently lays blame for soaring federal deficits on his predecessor.
"By the time I got into office we already had a $1.3 trillion deficit and we had exploded the national debt," he said last month during one of his backyard chats with Americans.
The Debt increased $4.9 trillion during President Bush's two terms. The Administration has projected the National Debt will soar in Mr. Obama's fourth year in office to nearly $16.5-trillion in 2012.
That's more than 100 percent of the value of the nation's economy and $5.9-trillion above what it was his first day on the job.
@DavidJ751990 The Debt increased $4.9 trillion during President Bush's two terms. The Administration has projected the National Debt will soar in Mr. Obama's fourth year in office to nearly $16.5-trillion in 2012. That's more than 100 percent of the value of the nation's economy and $5.9-trillion above what it was his first day on the job.
@RavenMichaels New numbers posted today on the Treasury Department website show the National Debt has increased by more than $3 trillion since President Obama took office. The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated. The Bureau of Public Debt reported today that the National Debt had hit an all time high of $13.665 trillion.
WAY TO GO AND HE WAS HARDLY EVEN TRYING! WAY TO GO MOA JR!
Why was Ronald Reagan a great president? No one can deny the numerous contributions and achievements of Reagan as U.S. President. His diplomatic policies led to positive results including the ending of the Cold War against the Soviet Union.
Likewise, the so-called ‘Reaganomics’ has helped the nation surpass numerous economic problems during that particular time.
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Reagan served for two full terms, which allowed him to hold the U.S. presidency from January 20, 1981 until January 20, 1989. Let’s take a quick look at some of his major accomplishments and understand why many people consider Ronald Reagan a great president.
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the death of Ta'Shon Rain Little Light is because of the rationed socialist death care brought to us by the Obama administrations NHS. This evil must be stopped people! its already killing the native Americans and will only get worse. Help fight Obama and support the conservative efforts in the new congress to repeal Obama (death)care!
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Why Was Ronald Reagan a Great President Without a doubt, Ronald Reagan was one of the most successful leaders of the United States all throughout its history.
As the 40th U.S. President, he never failed to impress people from various parts of the world with his strong economic and diplomatic policies.
During the Carter administration (1977-80), of the new jobs created, 41,77% were under $7,012, 68.2% were in the $7,012- $28,048/yr bracket, and 9.9% of the pre-existing jobs in the $28,048 and up bracket were actually lost (Joint Economic Committee, based on data from Bureau of Labor Statistics, U.S. Department of Labor)
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"Reaganomics the Facts =
-20 million new jobs were created during the Reagan presidency (U.S. Statistical Abstract) -Of these 20 million new jobs: -The average hourly wage was $10/hr. -46.1% were over $28,048/yr, and another 46.2% were from $7,012-$28,048/yr, while only 6% were under $7,012/yr.
@phoenixbornagain .. [".lies, lies .."] - Sean Hannity –‘blatant lies’- about Reagan's record on: jobs, federal revenue, economic growth Mediamatters [dot] org/research/200801280001 References : Bureau of Labor Statistics (BLS), Office of Management and Budget (OMB), quote by G.H.W. Bush Ironically all the false claims about Reagan, -‘were accomplished’- in the Clinton admn. ! How did Hannity –‘confuse them’- ? -
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@lennhart The only IDIOT around here is YOU, you cowardly piece of trash for cowardly not responding directly to me so I would know you wrote to me. What an idiot you are, piece of SHIT!
FYI, dip shit, all this Iranian hostage crap would NEVER have happened if your great Carter didn't OVERTHROW our ally, the Shah, & put Khomeni into power! You're such a dickhead, aren't you?
Also, wasteful government jobs DON'T count, so Carter & othe Demon-Rats are still LOSERS!!! Any more questions?
Reagan competes with NIXON for DEAD LAST and WORST EVER Prez. The GOP are always in a race to bottom. The GOP, as a group, lack critical thinking skills and measure everything against a gestalt of prejudice. GOP rank and file will believe ANY shit if it should make them feel good about their sorry ass selves. The GOP thinks BACKWARD from a cherished and unquestioned prejudice and will disount FACTS if they should challenge the BULLSHIT that GOPPERS believe for no good reason.
I am asked by an IDIOT: "Carter was a great President in terms of what?"
LOL LOL LOL LOL Only an utterly un-informed bullshit artist and/or FUCKIN MORON would ask a question like. OFFICIAL GOVT STATISTICS compiled and archived by the Bureau of Labor Statistics, U.S. Commerce Dept - B.E.A., and the U.S. CENSUS BUREAU confirmed that CARTER is among the very top since WWII in both JOB CREATION, GDP and GDP GROWTH.
I have reams, thousands of pages of OFFICIAL GOVT STATS that PROVE IT.
The two WORST prezzes in job creation since World War II are Reagan and, in dead last, Bush Sr. The figures for Jr are not in yet. the numbers come from the Census Bureau, the U.S Commerce Dept - B.E.A. and the Bureau of Labor Statistics
@ProphetLuong nope ---you ignore the pattern; EVERY DEM PREZ beats ANY gop PREZ since World War II. You are betraying the right wing mentality which always works backward from conclusions and/or prejudices to WHATEVER premise or 'evidence' supports them. In other words, you subscribe to whatever bullshit makes you feel good about yourself and THEN you CHERRY PICK whatever you can find that supports it. I've got your number! LOL LOL LOL LOL
I see some people aren't too fond of President Reagan. I guess they didn't see how Reaganomics created a booming economy and how he strengthened our military after Jimmy Carter destroyed it with neglect. Ask anyone who served in the military under President Reagan, they were proud to be an American.
@UnitedWeStand90 There was NO SUCH 'PROSPERITY' under Reagan. In addition to causing a depression of some two years, his JOB CREATION RECORD SUCKS. Job Growth Per Year Under Most Recent Presidents8 Johnson 3.8% Carter 3.1 Clinton 2.4 Kennedy 2.3 Nixon 2.3 Reagan 2.1 Bush 0.6 Bureau of Labor Statistics, Current Employment Statistics Survey Those are the govt's OWN stats. Read 'em and weep.
@UnitedWeStand90 In fact, there was NO BOOMING economy under Reagan, who was --IN FACT --among the WORST in job creation. Job Growth Per Year Under Most Recent Presidents8 Johnson 3.8% Carter 3.1 Clinton 2.4 Kennedy 2.3 Nixon 2.3 Reagan 2.1 Bush 0.6 Bureau of Labor Statistics, Current Employment Statistics Survey
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@lennhart Carter was a great president in terms of what? Backstabbing our friends & helping our enemies? Because of that SOB Carter, the powerful Shah was overthrown & the islamic pigs got control of Iran! And with that, came all the hostage problems!
Thanks, Carter, you traitrous son of a bitch! This criminal should be HANGED!!!
Given the sorry performances by Nixon, Reagan, Bush, in fact, the LEAST productive Prezzes since WWII, it would appear to me that the GOP needs to RE-THINK who is getting those 'incentives' and should ask themselves: WHY THE FUCK ARE THEY NOT WORKING FOR THE GOP?
Reagan years are remembered for his having HONORED Nazis and, according to the prosecutor, HIGH TREASON, arming an avowed enemy of the U.S. --IRAN. Reagan is also remembered for having waged war on LABOR, the ONLY 'war' that the cowardly GOP has yet won since WWII. Reagan is also remembered for WIMPING out of the TOTAL NUCLEAR DISARMAMENT deal that was put on the table by Gorby at Rekjavik. Reagan is remembered for having almost started WWIII with his remark about Russian ICBMs on a radio show
@lennhart So i guess we should have got rid of all our nukes and let them keep theres? Yeah man its a wonder dems havent got us all killed with there great ideas on peace. We dont need guns just cause they got them. I just hate to be the only one without a gun when the fight starts. Sorry but i think we better hang on to a few of them bad boys just to make me feel better. Hate think pakastan would be the only country with nukes.
@Gahillbillyusa the ENTIRE WORLD should get rid of its nukes. Please recall, that it was the U.S. who began the arms race. Had you forgotten. Truman (sadly, a Democrat) bombed two Japanese cities when --IN FACT --the surrender terms on the table were precisely those that were agreed to AFTER the bomg. At last, it was GORBY who proposed TOTAL NUKE disarmament but GOP IMPERIALISTS would never have tolerated it. Reagan was their LAP DOG AND TOOL.
" I can perceive nothing but a certain conspiracy of rich men procuring their own commodities under the name and title of the commonwealth." ----Sir Thomas More (1478–1535), Utopia
Indeed! Since R. REAGAN 'rich men' have been 'procuring their commodities' with what the 'commonwealth' calls a tax cuts.The transfers of wealth upward is MEASURABLE among an ELITE that is SHRINKING in size even as it's share of wealth increases exponentially.
Reagan dismantled the New Deal and thus ushered in two MEASURABLE processes: 1) the transfer of wealth to an increasingly tiny elite 2) measurable declines in GDP and PRODUCTIVITY. All of these rates of change are MEASURABLE with official stats! You don't have to be a CALCULUS wizard to discern a FACT: the DECLINE in productivity is a FUNCTION of the transfer of wealth upward. You calucus genius should be able to write a simple equation that is consistent with the OFFICIAL STATS.
By the way, SINCE WHEN is truth determine by a popular vote. And in any case, my comments in which I got 18 'ups' and another with 14 ups are gone. it would appear that SOMEONE '..can't handle the truth!"
I started a business ran it till my son finished school now he is half owner and oneday it will all be his. Its hard work and sometimes it dont pay good but its growing everyday. When we get this group out of office who thinks i owe some other people healthcare who i guess just dont show up for work. It will get even better. Im legally disabled but i wont take it. I'll make it and my children can be proud that it was done with hard work and trust that was built from the gound up.
Search YouTube for this VIDEO: Unemployment Rate: Reagan's Recession 1982-1983
It demonstrates the effect of Reagan's recession of 1982-84, the deepest and worst depression since the GREAT ONE following the GOP admins of Coolidge, Harding and Hoover. Rule of thumb: GOP = contraction = depression; concurrently INCOME DISPARITIES increase.
@lennhart This page has 105 likes 21 dislikes. That kinda tells the story.If you are intent on standing alone dont be surprized when you find yourself alone. look back at the pages here. Are you surprized to find your the only one here to see it that way? I did great under Reagan they can write all the papers they want too ill always feel that way. I beleive little of what they say and less of what you say everytime you go off in a name calling rant.
What can be GRAPHED with math (Calculus|) precision is the fact that GDP grew (a function) while inequality declined (a function) following FDRs reforms. The EFX lasted until the Reagan Revolution. This 'golden age' saw tremendous growth in jobs --rate of which is a function --as INCOME INEQUALITY declined, falling from .376 to an all-time low of .348 between '47 and '68. All groups benefited. all groups. With R Reagan, GDP declined (a 2 year depression) EVEN AS the rich got much, much richer.
@Gahillbillyusa and you --obviously --don't want to look at the OFFICIAL statistics from THREE non-partisan agencies that prove that Carter was, in fact, among the BEST Presidents in terms of job creation and over growth of GDP. These are the OFFICIAL numbers cited by REPUTABLE economist right or left. Those are FACTS, JACK!
@lennhart Then make him a site showing that or are you scared to do that? Im not going down to the level of calling names anymore. Be who you are beleive whatever you want. You look to cause trouble and put down what anyone like. It show your a democrat. sorry i said i wouldnt call names anymore. Today thats about the worst one you can be called sorry feel better it will be ok well find someone with a good heart to fix it all again.
@Gahillbillyusa I don't have to make you shit! The INFORMATION I cited is in the public domain, in fact, is it the PROPERTY of every tax paying U.S. citizen. I told you where it was. It is NOT my fault that you are TOO STUPID or TOO LAZY to look it up, Fuck you! Get a life, nit wit. Failing that, get a brain!
Again, to make the point .....Here's the OFFICIAL CHART on job growth. GDP is just as bad. Job Growth Per Year Under Most Recent Presidents8 Johnson 3.8% Carter 3.1 Clinton 2.4 Kennedy 2.3 Nixon 2.3 Reagan 2.1 Bush 0.6 --Bureau of Labor Statistics, Current Employment Statistics Survey NOT SURPRISINGLY .-- Bush and the drooling Reagan are in a heated RACE for DEAD LAST LOSER.
A common RIGHT WING LIE claims that welfare is a serious drag on the economy. Fact is it barely registers. Commonly vilified is Aid to Families with Dependent Children which wingnuts say is an incentive to avoid work, have have kids. Despite AFDC and Food Stamps being large items on the welfare budget. they amt to ONE PERCENT of the combined state and federal budgets. Food stamps are just 1 percent. Winguts will LIE ABOUT ANYTHING. And the crooks and idiots who call me names are proof of it.
@lennhart What a stupid comment. Welfare as well as other government dependency programs ROB people of their incentive to work, be creative & be bold in starting a business. Heck, if you get enough food & housing to survive, why the Hell go to school & work? Just sit on that soft sofa & watch some stupid Soap Opera show while waiting for that welfare check in the mail.
@ProphetLuong nope this has NOTHING to do with 'dependency. It's about which economic policies create jobs and which economic policies FAIL to create jobs, FAIL to create GDP growth. FACT: the policies of EVERY GOP Prez since WWII have been LESS SUCCESSFUL at creating jobs, LESS SUCCESSFUL at stimulating economic growth than have ANY DEM administration since World War II. Secondly, you have FAILED, utterly FAILED, to cite a SINGLE FACT in support of your fallacious labels and characterizations.
@lennhart What I wrote has EVERYTHING to do with the economy. Gov red tape, over taxation & dependency are famous for killing incentive & the people's desire to open business. Where do you think most tax revenues come from? The middle class business & people! Where do you think most of the workers work in? Small to mid-size businesses owned by Middle Class people like me.
Whenever the stupid gov steps in & robs from us, we get hurt & America gets hurt. Pres Reagan was very wise to see this.
@ProphetLuong So what? sure --incentives are important to business. That being the base --EXPLAIN to me WHY the ECONOMY --in fact --SHRANK during the Reagan years? Were there NO incentives to create new business? Were there no more profits to be made? You claim to be the frickin' expert --so TELL ME! I have ONLY the facts to cite and they are that for a period of TWO YEARS under Reagan the ECONOMY SHRANK! That's called a depression;it was, in fact, the deepest and longest since Hoovers'.
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@lennhart The economy shrank because of the stupidity of the Carter years. That idiot did his best to destroy the US economy so naturally it takes time for it to recover. The spillover unfortunately happened during the Reagan years but due to his great leadership, we GOT OUT OF Carter's mess.
And if Reagan was so bad like the way you want us to believe, then TELL US why he is still considered the BEST President after Washington? So all of us are wrong & you're the only one right? :-)
@ProphetLuong Reagan WAS as bad, perhaps, worse. He presided over the longest, deepest recession/depression since H. HOOVER, another ecnomically incompetent GOPPER. The facts tell the story.The depression of some two years followed from Reagan's tax cut of benefit ONLY to the upper quintile. Check the stats -following the tax cut, U.S. investments OFFSHORE increased, jobs declined, a recssion followed. It's the GOP way --a process that was described by John Maynard Keynes.
@lennhart What a totally STUPID comment you made! Our country is in the bad shape that it is in because of this socialist English scum John Keynes who believed that gov should spend spend & spend while taxing taxing & taxing the people to death.
I prefer the Austrian School of thought when it comes to living within your means like we did for the first 175 yrs of our existance. And look at us now, being owed by Red China.
@ProphetLuong Keynes was right. THE ONLY THING THAT WASN'T INCLUDED FAIRLY INTO HIS PATTERN HOWEVER, WAS RELIANCE ON FOREIGN RESOURCES. Before the 1973 oil crisis, KEYNESIAN ECONOMICS WAS THE OBVIOUS ANSWER. Nixon even took America off the Gold Standard because it was a threat to the continued spending on the Vietnam War. America recovered from a minor economic crisis after Nixon ended the Gold Standard. Reliance on foreign oil ended the Keynesian shortcut for Jimmy Carter which JFK had.
@hulkyone KEYNES IS WRONG!!! Because of this socialist moron, we are TRILLIONS in the red! And forget this traitor Nixon who should be hanged from taking us off the Gold Standard! The Gold Standard prevents lying governments from spending money which they don't have. By using worthless paper money, we are enslaving our future generations with economic slavery!
If the Obama administration hasn't taught you this, I don't know what will!
@ProphetLuong Keynes IS DEAD, SO YOU SHOULD HAVE TYPED WAS WRONG, YOU STUPID JACKASS. THE OBAMA ADMINISTRATION HAS NOT BEEN FOLLOWING KEYNES TOO MUCH EITHER. PAUL KRUGMAN, THE PRO-KEYNESIAN ECONOMIST WHO PREDICTED THE WORST OF THE RECESSION, HAS CRITICIZED A GOOD SHARE OF OBAMA'S AGENDA SINCE NEAR THE BEGINNING OF HIS TERM. PAPER MONEY ISN'T WORTHLESS EITHER. WHY THE HELL DO THINK SO? DO YOU THINK THE MONEY WE CARRY IN OUR WALLETS IS ALSO MADE OF PLASTIC? LOL
@hulkyone Keynesian, Marxist, Communism, Nazi, Fascist, etc...the are all SOCIALIST & COLLECTIST!!! The name may change but the result is still the same: robbing me of my hard-earned money & giving it away to those who don't deserve it.
If you want to waste your money, go right on ahead & bankrupt yourself. Leave my money alone.
@ProphetLuong LOL. YOU ARE ONE PATHETIC DRAMA QUEEN. YOU SEEM TO NOT KNOW TOO MUCH ABOUT THE DIFFERENCES BETWEEN GOVERNMENT INTERACTION AND GOVERNMENT DICTATORSHIP.
@hulkyone Sorry to burst your bubble there buddy, but what part of GET THE GOVERNMENT OUT OF MY LIFE & WALLET DON'T YOU UNDERSTAND?!?!?
OK, I believe there should be government, only a LIMITED one. The same for taxes; we all have to pay taxes, but only a LIMITED & REASONABLE one; not one where we have to support dead-beat losers on welfare for the rest of their lives. If you want to do so, then go right on ahead with YOUR MONEY!!!
@hulkyone Thank you for your encouraging words. I wish I have more time for the Tea Party which I belong to. I want to educate others more about the growing threats of socialism, communism, Nazism, Fascism, the Vatican, etc...
@hulkyone No, just the Vatican. Most of my friends, neighbors, employees & classmates are Catholics whom I deeply love & cheerish. However, I hate the Great Whore of Revelation 17 that is constantly lying to people & dragging them to Hell. Please read the last book of the Bible to understand what dangers all of humanity is facing because of the Vatican beast. It is the mother of Nazism, Fascism, socialism & communism!!!
@ProphetLuong Boy, DO YOU HAVE YOUR HISTORY MIXED UP YOU STUPID JACKASS. THERE IS NOT YET ANY PERSON DRAGGING US TO HELL IN THE MATTER DESCRIBED IN THE BOOK OF REVELATION EITHER, DUMBASS. THE VATICAN DID NOT GIVE BIRTH TO THOSE BELIEFS REALLY EITHER.
@hulkyone AHAHAHA!!! Boy, are you stupid! We have not yet completed all the prophecies in the Book of Revelation so hold on to your pants and wait for YAHWEH to come back & kick all of your rebel's asses.
The Vatican did not give raise to communsim, socialism, Nazism & Fascism? Why don't you conduct a 25-year research like I have to know how wrong you are. Here, let me give you some help. Find out who the ex-Jesuit Alberto Rivera is what he had to say as to who is really running the world.
@ProphetLuong Boy, ARE YOU FUCKING STUPID. I NEVER EVEN STATED WE HAD EVEN BEGUN ANY OF THE PROPHECIES WRITTEN IN THE BOOK OF REVELATION. RIVERA WAS ALSO QUITE ANTI-CATHOLIC, SO YOU ARE SURE NOT DOING A GOOD JOB DEFENDING THE FACT THAT YOU ARE NOT CRITICIZING CATHOLICS. ARE YOU SO FUCKING STUPID YOU CAN'T EVEN NOTICE YOUR CRITICISM OF CATHOLICS?
@hulkyone Stupid? The only one who's stupid around here is the idiot who can't communicate normally without using CAPS & a decent language. FYI, stupid, Alberto Rivera WAS Catholic before he saw its true ugly face so you wanna try again?
Fact is, the foot soldiers of the Vatican, the Jesuits, have been THROWN out of over 81 countries for their demonic works: causing wars, revolutions, assinations, etc...Now tell me, why this is.
@hulkyone oh yeah what can you expect from a viet monkey. his brain is not even developed properly. he inhaled too much agent orange in a place called viet monkey land.
@ProphetLuong Nixon is also dead, DUMBASS. YOU SHOULD'VE TYPED HE SHOULD'VE BEEN HANGED, NOT HE SHOULD BE HANGED. THE GOLD STANDARD HAD LIMITS TO IT'S PROSPERITY. GOLD IS A PRECIOUS METAL AND IT'S HARD TO FIND ENOUGH TO FILL A VAULT FOR EVERY SINGLE AMERICAN
@hulkyone EXACTLY why we should be on the Gold Standard, STUPID! Because we have not been on it, we are SELFISHLY passing on our wastefulness to the unborn future generations! SHAME ON YOU!!!
@ProphetLuong the economy SHRINKS and JOB DECLINE under EVERY GOP regime since WWII. those are the FACTS, JACK.
I will tell you why: the GOP does not represent the 'people'; rather, an increasingly small ELITE. Reagan's tax cut enriched the UPPER QUINTILE; subsequent BUSH/BUSH cuts have resulted in a RULING ELITE of just ONE PERCENT of the total population; the OWN more than the rest of us combined. This transfer upward always results in DEPRESSION as elites BANK their windfalls OFFSHORE.
@ProphetLuong Carter is among the nation's BEST presidents, especially in terms of job creation and GDP growth. Two repugs pull up the rear: reagan and bush sr.
@ProphetLuong those are OFFICIAL STATS, you idiot. the SAME METHODOLOGY is used for ALL prezzes. If you are ALLEGING that a different methodology was used ONLY for Dems, then PROVE YOUR STUPID AND UTTELRY BASELESS CHARGE --or shut the fuck up!
@lennhart CAN YOU READ, YOU WORTHLESS PIECE OF SH*T?!?!? I said below that goverment positions should NOT be counted as regular jobs because big government is wasteful, unneeded & a big drain on the economy, STUPID!
Your shut the Hell up, you low-IQ trash! With such dumb idiots like you, no wonder you lost the whole continent! LOL!!! Ohh wait, you losers lost TWO WHOLE continents! AHAHAHAHAA!!!
What a bunch of LOSERS you are! Now go back sniffing glue or geting drunk on your reservations.
@ProphetLuong who said "Your shut the Hell up, you low-IQ trash! "
LO LOL LOL LOL
Live with it! I know I have won an a argument when the alleged opponent begins to call me a MORON. Only the TRULY STUPID resort to that. I would put money on a psychological study proving conclusively that the average GOP IQ is about 10 points or more below that of any DEMOCRAT chosen at random. LOL LOL Now --those GOPS who know better but say otherwise anyway may be intelligent but the word for them is CROOK
Did I mention that R. Reagan was a liar? Reagan talked about a Chicago Welfare Queen whom he said drove a Welfare Cadillac. Reagan said that she had used 80 different names to collect $150,000 in benefits. The press tracked the story down and discovered that she DID NOT EXIST. Even so, this BULLSHIT STORy has been repeated by LIARSa of the right wing. Reagan was a LIAR.
I was accused of not being a real cowboy. Again, idiots will mouth off about thing of which they KNOW NOTHING. I was riding horses at age six among the mesas of West Texas. Killed my first rattler at age seven. My Great Uncle, Loss Hart, was a U.S. Marshal. He is remembered for having shot and killed the infamous outlaw BILL DALTON. Lies about one on the internet is considered LIBEL and my lawyer assures me that LIBEL is prosecutable, grounds for a lawsuit.
Let us put this in perspective. Reagan was a total fuck up, presiding over a DEPRESSION of two years, the deepest, longest since HOOVER. I witnessed the tent cities that sprang up in HOUSTON (boomtown?) myself. Carter, by contrast, was among the BEST prezzes in both JOB CREATION and GDP. Read em and weep. Calling me stupid names just makes YOU look as stupid and as retard as you really are.
Reagan was not even good for business, in fact a TOTAL FUCK UP. Business Failures Year Number Per 10,000 business concerns 1970 10,748 44 1975 11,432 43 1980 11,742 42 1981 16,794 61 1982 24,908 88 1983 31,334 110 1984 52,078 107 1985 57,078 115 1986 61,616 120 1987 61,111 102 Dun & Bradstreet Corporation, New York, NY, Monthly Failure Report
GOPPERS boast of 18 million jobs created in the 80s. BIG DEAL. They are quiet about OVER 24 million jobs created during the 70s '''CARTER. Carter out performed REAGAN with a 3.4 percen rate of increase. REAGAN presided over a TWO YEAR long depression, deepest-longest since HOOVER. Carter was a GREAT President. REAGAN was a stooge.
Reagan raised the deficit more than anyone, and his economics have put the world in the worst recession since the thirties (by the way before the thirties the economics the world embraced was similar to raganomics)
893160007 3 months ago
Go away liberals
illipphillip 3 months ago
Reagan raised taxes 11 times, Reagan did not cut spending (the deficit tripled), unemployment averaged 7.5% throughout his presidency (8.6% during his 1st term) and did not fall below 7% until 1986. And I won't even start on the decrease of average wages because there's a limit on the number of HARD FACTS that can be presented to a conservative before he explodes.
wangsta25 3 months ago
@wangsta25
and you can thank congress for that as well.
jmjfanss 3 months ago
Lol Reagen raised taxes 11 times during his presidency.
Kaitsatsu 5 months ago
God knows we need some Reaganomics not, not kidding.
conick9599 5 months ago
yeah you raise taxes on the rich and big cooperations....
then you invest in Social Programs
then you stop funnaling money into nucelar bombs
but i guess im just a taxn spendn liberal!
youpon1000 5 months ago
“I liked Reagan’s speeches ... so let’s keep fuc___-up the country”
blevr1234 5 months ago 3
@blevr1234 Even his speechers were pathetic but the swing voters "independents"thought otherwise
youpon1000 5 months ago
@blevr1234 Even his speechers were pathetic but the swing voters "independents"thought otherwise
Reganomics have ruined this nation
youpon1000 5 months ago
Reaganomics: Cut Taxes FOR THE RICH
Raise fees FOR THE POOR
Cut services for the poor
Increase welfare- for corporations.
Reaganomics, the model that has nailed shut this country and buried it.
We are living Reaganomics RIGHT NOW: permanent recession for the underclass, permanent boom time for the rich.
Turtleproof 5 months ago 3
@Turtleproof Even if taxes were raised for the rich, they'd be making more money for themselves. If the wealth is more evenly shared then those on top get MORE! Sadly, these lessons are not yet being implemented.
YoungGarrett 5 months ago
To this day Reaganomics has destroyed our economy. Pre Reagan we were the largest exporter of manufactured goods, were the largest creditor in the world, and were the biggest importer of raw materials. After Reaganomics we are the largest indebted nation, biggest importer of manufactured goods, and exporter of raw materials. Almost the definition of a third world country. Reagan crushed the American Dream. Unless you are rich of course.
lozgod 5 months ago 2
Obamanomics - It works against you.
BebeBebe321 6 months ago
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Freedom loving, heroic, iconic Reagan, despite being elevated to near sainthood by the right, was involved in many a dodgy deal - including ARMING IRAN and propping up brutal, murdering dictatorships in Central America and West Africa. If Obama was involved in ONE TENTH of Reagan's dirty work, the Right would go into a state of apoplexy. This amnesia over Reagan's legacy is nearing lunatic proportions.
indiana1977 7 months ago
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Why cant you people understand things for yourself? Why cant you see that America is founded on business and freedom? Why cant you see that when you raise taxes business owners move to other countries? Why cant you see that with less government a nation can prosper and with more it falls into disarray? All throughout history when a government becomes to controlling it falls.....Do we really want to do this to America? Think about it
Ambience008 7 months ago
@Ambience008 To this day Reaganomics has destroyed our economy. Pre Reagan we were the largest exporter of manufactured goods, were the largest creditor in the world, and were the biggest importer of raw materials. After Reaganomics we are the largest indebted nation, biggest importer of manufactured goods, and exporter of raw materials. Almost the definition of a third world country. Reagan crushed the American Dream. Unless you are rich of course.
lozgod 5 months ago
@lozgod
Actually it was the opposite, because it lowered inflation.
jmjfanss 3 months ago
@MarioSMB3 Of course that World Health Organization study did not actually measure the quality of our health care, it measured the EQUALITY of distribution. A country where 1/2 of it's people get EXCELLENT care and the other 1/2 get very good care, could (and did) actually score lower than a country where the care was merely OK, - as long as EVERYONE got merely OK care.
LITERALLY 66% of this rating was NOT quality of care, but distribution.
ToddAldrich 7 months ago
... a foundation of cowardice: fear of people with colors, religions, cultures and sex lives that differ from your own; fear of reform in banking, health care, energy; fantasy fears of America being transformed into an Islamic nation, into social/commun/fasc-ism, into a disarmed populace put in internment camps; and more. ... “An open letter to conservatives” tpmcafe talkingpointsmemo
21tikcah 8 months ago 19
@21tikcah thank you!
from a diehard mondale supporter
youpon1000 5 months ago 2
Anyone with a undergraduate degree in finance, commerce or economics knows that this is a dishonest ad.
Politicians are known for dumbing issues down, but this is just exploiting the ignorance of people.
gundamWWW 8 months ago 4
@gundamWWW Sorry, as an economist, Reagans ad was exactly correct - and it worked.
ToddAldrich 7 months ago
@ToddAldrich
First of all, he deliberately passes the work of Hayek, Ricardo and Adam Smith as his own "Reaganomics".
Secondly he reduced tax revenue to the point, that the laffer curve was ineffective.
Thirdly, Reagan contributed to the INCREASE in the national debt and increased our debt to GDP ratio.
His defence spending and subsidization of various domestic industries goes against everything Alexander Hamilton would have stood for.
Was he better then Carter? Maybe, but Great no way!!
gundamWWW 7 months ago 2
@gundamWWW He did NOT dub his policies as "Reaganomics" that was a DEROGATORY term that Reagan adopted to his advantage - much like the colonists used "Yankee Doodle Dandee".
The laffer curve is STILL showing increased revenues- just not in the lower income brackets. ( not sure l like the wording)
His increase in the Debt was due almost entirely to entitlements -which he had no control over, and the military where only ONE of 10 army divisions in the CONUS, was in acceptable shape.
ToddAldrich 7 months ago
@gundamWWW But his ad is still spot on. Tax cuts WORKED - and he did indeed hold the line on discretionary domestic spending. In the last few years of his term, the economic growth his cuts generated began to wipe out the deficit, and this continued nearly uninterrupted clear into the early 2000's. THEY are what generated the near elimination of the deficit that Clinton claimed credit for.
ToddAldrich 7 months ago
@ToddAldrich
The intial tax cuts were effective for the economy, but don't forget that Reagan and Clinton contributed to the deregulation of the financial system, to the point that the entire system was jeapordized in late 2008.
This led to the government, being in the precarious situation of bailing out (nationalizing) major banks, autmotive companies and insurance companies...
Now our defecit is larger then ever because of this.
In the long run we are all screwed.
gundamWWW 7 months ago
@gundamWWW It is not the de-regulation that jeopardized our system it was quite the opposite.Government involvement is the issue.We actually GUARANTEED a profit to banks who made loans that were risky.Our government encouraged these things that led to a bubble INCLUDING the securitization of the mortgages. In addition pressure was brought on the Federal reserve to keep interest rates artificially low AND changes in the CRA made it easier for groups to sue banks and thus force more risky loans.
ToddAldrich 7 months ago
@gundamWWW By getting government involved, we took away the risk that keeps organizations from making dangerous decisions. This was done by members of both parties, but Reagan has NOTHING to do with it and Clinton (other than the changes in the CRA) had little to do with it.
We did not have to bail anyone out - that is part of the problem. By doing so, we are perpetuating the idea that business does not have to worry about excessively risky decisions, and that is a huge problem.
ToddAldrich 7 months ago
@gundamWWW Here is a simpified ( although it won't appear so) explanation of what happened. As long as this will be, it still is not a complete explanation, but anything more would be impossible in this format.
No one thing - but a lot of little things, & some big things set the conditions for a collapse of the housing market, and once set all we needed was to have the trigger pulled to set everything in motion. (continued)
ToddAldrich 7 months ago
@gundamWWW (resumed #1) The major problem was an un-natural boom in the housing market.There are several factors that contributed to this.1)Interest rates were kept artificially low to aid the economic growth during the Bush years.This effectively lowered the cost of buying a house-while still allowing for significant increases in the actual purchase price.This allowed many people to be able to afford homes that otherwise would not have been able to. (continued)
ToddAldrich 7 months ago
@gundamWWW (resumed #2) It also attracted speculators to the industry which furthered a cycle of booming demand.
2)Government programs to increase home ownership amongst lower income people. These were set up via Fannie mae and Freddie mac and banks were both encouraged (via guarantees on these loans) and forced (via community activists and the lawsuits they brought under the CRA) to make loans to people who otherwise would not be able to obtain these loans. (continued)
ToddAldrich 7 months ago
(resumed #3) These dramatically increased the demand for housing - and led to staggering increases in the selling prices of many homes.
This is what set the table for the crisis.
Then there was the trigger that set things in motion and factors that made the situation much worse than it would normally have been. Without this trigger, things likely would have continued on for much longer, and either normalized slowly (if the policies of interference were ended) or they would have gotten worse.
ToddAldrich 7 months ago
@gundamWWW (resumed #4)The trigger was the oil price shock that occurred back in 2006 & 2007 - this set off a downturn in the economy and an increase in costs that put extreme pressure on the budgets of those who were able to purchase housing (but barely) because of the government programs mentioned earlier. Gas money and increased costs for staples dried up the mortgage money. If you check back the foreclosure rate started rising back around this time frame. (continued)
ToddAldrich 7 months ago
(resumed #5) The oil price increase acted much like a tax increase by sapping up money that would otherwise have been used to increase production/investments etc.
Normally you would have seen a dramatic fall off of the economy and also a dramatic recovery - pretty much following the price of oil - but with the effects offset by about a year to account for the time it takes for such things to work their way into the general health of the economy. (continued)
ToddAldrich 7 months ago
@gundamWWW . (resumed #6) Well, we saw the dramatic fall - off, but because of the ticking time bomb previously described in the mortgage industry, we never got the dramatic recovery. Instead, because of the dramatic increases in foreclosures caused by the economic slowdown, a huge number of unqualified home owners, as well as a huge number of speculators who got caught holding the bad at the wrong time the downturn was much harder to break out of. (continued)
ToddAldrich 7 months ago
@gundamWWW (resumed) Here is why. Because of the increase in foreclosures, banks began to reach their reserve requirements and were forced to sell off their assets and instead of a booming demand – we now had an HUGE excess supply – a glut and housing prices began to crash. Here again, government regulations increased the problems a while back, we instituted “mark to market” accounting requirements. (continued)
ToddAldrich 7 months ago
@gundamWWW (resumed #8) This change forced banks to value their assets at what they could sell them for RIGHT NOW, instead of their intrinsic value in a normal market. This forced them to sell off more assets – further devaluing real estate and a panic ensued as the cycle began to spin out of control. This is what brought down the securities attatched to the mortgages. (continued)
ToddAldrich 7 months ago
@gundamWWW (resumed #9) Which brings up another topic – the securitization of these mortgages was originally developed to deal with the extra risk that banks were being forced into – and guess what, the GSE’s (quasi governmental corps) are what enabled them by giving an illusion of security. . The thought was that by cutting up bad loans and combining them with good loans, the risk would be spread thin enough to protect the overall security . (continued)
ToddAldrich 7 months ago
@gundamWWW (resumed #10) This would act like an insurance policy against the additional risk posed by marginal loans. It SHOULD have worked, but the sheer volume of bad loans overwhelmed even this mechanism and instead of helping, it made it worse. (continued)
ToddAldrich 7 months ago
@gundamWWW (LAST ONE!!!!!!!!!) At EVERY step of the way, government interference is what cause the problem, from the spike in the oil prices, to the low interest rates, to the accounting requirements to the reserve requirements to the "affordable housing" initiatives, to the changes in the CRA, to the guaranteeing of the loans.
EVERY significant factor that contributed to the crash was a direct consequence of government interfering with the free market, NOT a lack of interference.
ToddAldrich 7 months ago
@ToddAldrich
You just pointed out why the government shouldn't have deregulated the finacial industry.
Not to mention Ben Bernake's role in the mess.
In summation the standards and regulation left in by FDR all the way back in the day were installed to prevent this mess.
This is what happens when you speculative investment banking from commercial banking!!!
The end result was is that governments have nationalized sectors that should remain in private hands.
gundamWWW 7 months ago 6
@gundamWWW Although I agree with Bernake and the dipshit before him's role in this mess. Deregulation had very little to do with the problem. FDR's policies helped to make it much harder to get out of this mess and led to the panic that occured in October of 2008.
The speculative/commercial problem was a SYMPTOM, not a cause of the crisis.
ToddAldrich 7 months ago
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Sean Hannity –‘blatant lies’- about Reagan's record on:
jobs, federal revenue, economic growth
Mediamatters [dot] org/research/200801280001
References : Bureau of Labor Statistics (BLS), Office of Management and Budget (OMB), quote by G.H.W. Bush
Ironically all the false claims about Reagan, -‘were accomplished’- in the Clinton admn. ! How did Sean Hannity –‘confuse them’- ?
NOBS4321 8 months ago 10
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Tear Down This Myth: How the Reagan Legacy Has Distorted Our Politics and Haunts Our Future - by Will Bunch
Excerpt :
His 1981 tax cut was followed quickly by tax hikes that you rarely hear about, and Reagan’s real lasting achievement on that front was slashing marginal rates for the wealthy – even as rising payroll taxes socked the working class.
cont
ellipsis4321 8 months ago 10
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Tear Down This Myth:
-
His promise to shrink government was uttered so many time that many acolytes believe it really happened, but in fact Reagan expanded the federal payroll, added a new cabinet post, and created a huge debt that ultimately tripped up his handpicked successor, George H.W. Bush.
cont
ellipsis4321 8 months ago 6
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Tear Down This Myth:
~
What he did shrink was government regulation and oversight -- linked to a series of unfortunate events from the savings-and-loan crisis of the late 1980s to the sub-prime mortgage crisis of the late 2000s.
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ellipsis4321 8 months ago 7
lol, what a stupid ad......
SirOttoVBismark 8 months ago 5
Reagonomics of today = extinction of America's middle class
Lol. This is the long term effect of Reagan's legacy to America.
thegreendestiny 8 months ago 5
@thegreendestiny How can you claim this when he STOPPED the free-fall of the working man's wages? How can you say this when household incomes went up dramatically under his watch? How can you say that when his policies helped to create MILLIONS of jobs both while he was in office AND millions more with the companies that were started or expanded because of his polices when he was in office?
You need to look at the truth instead of your marxist sources.
ToddAldrich 7 months ago
@ToddAldrich The points you have stated were all achieved on a short term. You have to look at the lasting impact of it which is more important. The failures of today far outweigh the benefits achieved shorthand.
thegreendestiny 7 months ago
@thegreendestiny The lasting impact is that he laid a base for the highest paid wages in our country and many of the jobs that Clinton and both Bush's counted as jobs they created.
He restored the military from one where only ONE of the 10 army divisions charged with defending the Continental U.S. was in satisfactory condition - at a time when the Soviet Union was at it's very peak of power and influence. His long lasting success is what he deserves most credit for.
ToddAldrich 7 months ago
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CONGRESSMAN HARE: I believe it says we have the right to life, liberty and the pursuit of happiness.
VOICE: That's the Declaration of Independence.
LOL Libs wonder why what is going to happen to them is going to happen. Thick as bricks
phoenixbornagain 8 months ago
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Congressman Phil Hare doesn't care about Constitution:
CONGRESSMAN HARE: Well, look. We've got a
VOICE: Where in the Constitution?
CONGRESSMAN HARE: We are I don't worry about the Constitution on this to be honest.
VOICE: Jackpot, brother.
CONGRESSMAN HARE: I care more about, I care more about the people that are dying every day that don't have health insurance.
VOICE: You care more about that than the U.S. Constitution that you swore to uphold?
= no what use does a lib have with laws?
phoenixbornagain 8 months ago
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Obama wants us to believe that his motivation is to help the small number of Americans who do not have health insurance. Those who have no health insurance will receive better health care from almost any hospital than from having Obama Health Insurance.
phoenixbornagain 8 months ago
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Obama a liar and knew stimulus was not really being used for "shovel ready jobs?" Yep. Liar and knew it as he told you to your faces he was lying. Proof = In an hour-long interview with the Times’s White House correspondent, Peter Baker, Mr. Obama admitting that he let himself look too much like “the same old tax-and-spend Democrat,” realized too late that “there’s no such thing as shovel-ready projects” and perhaps should have “let the Republicans insist on the tax cuts” in the stimulus.
phoenixbornagain 11 months ago
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Socialized medicine has failed every time it is tried. Socialized medicine means, among other things, rationing, waiting for availability, all financial controls and the authority to deny treatment that is not considered cost effective, even though it may be a life or death decision.
phoenixbornagain 11 months ago
@phoenixbornagain So I take it you WON'T accept your Medicare when you become eligible? Thanks, more for me!
DPEGSB 8 months ago 3
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Our health care system is not perfect, but is still the best in the world. Obama wants to waste something like a trillion dollars to have a single provider. Very briefly, he wants to socialize medicine, to have total control over all health care and the lives of the elderly.
there is audio on the net of obama sayig he wanted shovels used on killing the elderly those are the shovel ready jobs he wants
phoenixbornagain 11 months ago
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phoenixbornagain 11 months ago
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Keynesian economics does not work and why liberals must stop embracing it or be removed from the country as the bacteria they are if life can continue to survive.
The White House recently began claiming that the
phoenixbornagain 11 months ago
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Keynesian economics does not work and why liberals must stop embracing it or be removed from the country as the bacteria they are if life can continue to survive. The White House recently began claiming that the “Recovery Act” had “created or saved” 640,000-plus jobs.
phoenixbornagain 11 months ago
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This is by far incomplete a list but, are things that helped people see Obama is a Maoist who hates America.
Took over GM, Insurance companies, banks. Trying to set a cap on what people earn
phoenixbornagain 11 months ago
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Never lete a liberal hear a word of truth it is like holy water on vampire ears ^_^
phoenixbornagain 11 months ago
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This is by far incomplete a list but, are things that helped people see Obama is a Maoist who hates America.
Took over GM, Insurance companies, banks. Trying to set a cap on what people earn .reinstating the death tax at 40%, traveling around the world embarrassing us apologizing for what?
phoenixbornagain 11 months ago
@orgasmicide2 Shore up my ass, he used the payroll taxes as part of the general fund.
Fuctmentality 11 months ago
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@orgasmicide2 lets all give a loud applause to the liberal socialists of America and over seas for all their hard work in creating the riots of France Egypt and Greece. may their reward in death be a rich one
phoenixbornagain 1 year ago
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Mr. Obama frequently lays blame for soaring federal deficits on his predecessor.
"By the time I got into office we already had a $1.3 trillion deficit and we had exploded the national debt," he said last month during one of his backyard chats with Americans.
phoenixbornagain 1 year ago
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The Debt increased $4.9 trillion during President Bush's two terms. The Administration has projected the National Debt will soar in Mr. Obama's fourth year in office to nearly $16.5-trillion in 2012.
That's more than 100 percent of the value of the nation's economy and $5.9-trillion above what it was his first day on the job.
phoenixbornagain 1 year ago
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@DavidJ751990 The Debt increased $4.9 trillion during President Bush's two terms. The Administration has projected the National Debt will soar in Mr. Obama's fourth year in office to nearly $16.5-trillion in 2012. That's more than 100 percent of the value of the nation's economy and $5.9-trillion above what it was his first day on the job.
phoenixbornagain 1 year ago
I'm a gay Republican and I'm proud. ^_^
phoenixpornagain 1 year ago
With Reaganomics you double the deficit and quadruple the national debt...
RavenMichaels 1 year ago 3
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@RavenMichaels New numbers posted today on the Treasury Department website show the National Debt has increased by more than $3 trillion since President Obama took office. The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated. The Bureau of Public Debt reported today that the National Debt had hit an all time high of $13.665 trillion.
WAY TO GO AND HE WAS HARDLY EVEN TRYING! WAY TO GO MOA JR!
phoenixbornagain 1 year ago
@RavenMichaels Shhh don't give Republicans facts they hate that.
Fuctmentality 11 months ago 5
@DavidJ751990 Great post
phoenixbornagain 1 year ago
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Why was Ronald Reagan a great president? No one can deny the numerous contributions and achievements of Reagan as U.S. President. His diplomatic policies led to positive results including the ending of the Cold War against the Soviet Union.
Likewise, the so-called ‘Reaganomics’ has helped the nation surpass numerous economic problems during that particular time.
phoenixbornagain 1 year ago
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@phoenixbornagain Too bad the the USSR would have fallen by 96 anyway, & the economy was fucked under ray gun.
Fuctmentality 11 months ago
Reagan did NOT cut government spending. Not even close!
Hello59239 1 year ago
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Reagan served for two full terms, which allowed him to hold the U.S. presidency from January 20, 1981 until January 20, 1989. Let’s take a quick look at some of his major accomplishments and understand why many people consider Ronald Reagan a great president.
phoenixbornagain 1 year ago
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hey looks like we will be short one less liberal by the looks of Michael Douglas today on TV
phoenixbornagain 1 year ago
fail
GMack17 1 year ago 3
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@GMack17 A truer word has never been spoken.
Fuctmentality 11 months ago
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the death of Ta'Shon Rain Little Light is because of the rationed socialist death care brought to us by the Obama administrations NHS. This evil must be stopped people! its already killing the native Americans and will only get worse. Help fight Obama and support the conservative efforts in the new congress to repeal Obama (death)care!
phoenixbornagain 1 year ago
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Why Was Ronald Reagan a Great President Without a doubt, Ronald Reagan was one of the most successful leaders of the United States all throughout its history.
As the 40th U.S. President, he never failed to impress people from various parts of the world with his strong economic and diplomatic policies.
phoenixbornagain 1 year ago
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During the Carter administration (1977-80), of the new jobs created, 41,77% were under $7,012, 68.2% were in the $7,012- $28,048/yr bracket, and 9.9% of the pre-existing jobs in the $28,048 and up bracket were actually lost (Joint Economic Committee, based on data from Bureau of Labor Statistics, U.S. Department of Labor)
phoenixbornagain 1 year ago
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"Reaganomics the Facts =
-20 million new jobs were created during the Reagan presidency (U.S. Statistical Abstract) -Of these 20 million new jobs: -The average hourly wage was $10/hr. -46.1% were over $28,048/yr, and another 46.2% were from $7,012-$28,048/yr, while only 6% were under $7,012/yr.
phoenixbornagain 1 year ago
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NOBS4321 8 months ago 7
Nice, but Reagan really spent like crazy.
Mrpastry909 1 year ago 3
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@lennhart The only IDIOT around here is YOU, you cowardly piece of trash for cowardly not responding directly to me so I would know you wrote to me. What an idiot you are, piece of SHIT!
FYI, dip shit, all this Iranian hostage crap would NEVER have happened if your great Carter didn't OVERTHROW our ally, the Shah, & put Khomeni into power! You're such a dickhead, aren't you?
Also, wasteful government jobs DON'T count, so Carter & othe Demon-Rats are still LOSERS!!! Any more questions?
ProphetLuong 1 year ago
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@ProphetLuong YOU ARE THE FUCKING IDIOT.
hulkyone 1 year ago 3
This ad makes me want to cry out: BULLLLLLLSHHHHIITTTT
thehoaxbuster 1 year ago 3
@thehoaxbuster y?
oiyabastard 1 year ago
@thehoaxbuster Well your comment makes want to cry out: DUMMMBBBAASSSSSS
Daedalus317 1 year ago
Reagan competes with NIXON for DEAD LAST and WORST EVER Prez. The GOP are always in a race to bottom. The GOP, as a group, lack critical thinking skills and measure everything against a gestalt of prejudice. GOP rank and file will believe ANY shit if it should make them feel good about their sorry ass selves. The GOP thinks BACKWARD from a cherished and unquestioned prejudice and will disount FACTS if they should challenge the BULLSHIT that GOPPERS believe for no good reason.
lennhart 1 year ago
I am asked by an IDIOT: "Carter was a great President in terms of what?"
LOL LOL LOL LOL Only an utterly un-informed bullshit artist and/or FUCKIN MORON would ask a question like. OFFICIAL GOVT STATISTICS compiled and archived by the Bureau of Labor Statistics, U.S. Commerce Dept - B.E.A., and the U.S. CENSUS BUREAU confirmed that CARTER is among the very top since WWII in both JOB CREATION, GDP and GDP GROWTH.
I have reams, thousands of pages of OFFICIAL GOVT STATS that PROVE IT.
lennhart 1 year ago 2
The two WORST prezzes in job creation since World War II are Reagan and, in dead last, Bush Sr. The figures for Jr are not in yet. the numbers come from the Census Bureau, the U.S Commerce Dept - B.E.A. and the Bureau of Labor Statistics
lennhart 1 year ago 3
The GOP DESTRUCTION of the US economy began in 1982 with Reagan's first tax cut. October 2003 figures from the US Census Bureau make stark reading:
* Median household incomes are falling
* The number of Americans without health insurance rose by 5.7%
* The number of people living below the poverty line ($18,392 for a family of four) climbed to 12.1 percent — 34.6 million people.
* Wages make up the majority of income for most American families.
lennhart 1 year ago 3
@ProphetLuong nope ---you ignore the pattern; EVERY DEM PREZ beats ANY gop PREZ since World War II. You are betraying the right wing mentality which always works backward from conclusions and/or prejudices to WHATEVER premise or 'evidence' supports them. In other words, you subscribe to whatever bullshit makes you feel good about yourself and THEN you CHERRY PICK whatever you can find that supports it. I've got your number! LOL LOL LOL LOL
lennhart 1 year ago 3
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@lennhart My number? Phone number? Address or what, stalker? LOL!!!
ProphetLuong 1 year ago
@ProphetLuong I would NOT HAVE your fuckin phone number, you delusional nit wit. what the fuck are you talking about?
lennhart 1 year ago 3
I see some people aren't too fond of President Reagan. I guess they didn't see how Reaganomics created a booming economy and how he strengthened our military after Jimmy Carter destroyed it with neglect. Ask anyone who served in the military under President Reagan, they were proud to be an American.
UnitedWeStand90 1 year ago
lennhart 1 year ago 3
lennhart 1 year ago 3
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@lennhart Carter was a great president in terms of what? Backstabbing our friends & helping our enemies? Because of that SOB Carter, the powerful Shah was overthrown & the islamic pigs got control of Iran! And with that, came all the hostage problems!
Thanks, Carter, you traitrous son of a bitch! This criminal should be HANGED!!!
ProphetLuong 1 year ago
Hahaha. The two highest ranked comments lave been removed.
SalientK 1 year ago 2
Exactly ! Reagan was the best President we ever had in modern times. Just like today - Obamanomics works against you !
Chris6134 1 year ago
Given the sorry performances by Nixon, Reagan, Bush, in fact, the LEAST productive Prezzes since WWII, it would appear to me that the GOP needs to RE-THINK who is getting those 'incentives' and should ask themselves: WHY THE FUCK ARE THEY NOT WORKING FOR THE GOP?
lennhart 1 year ago
Reagan years are remembered for his having HONORED Nazis and, according to the prosecutor, HIGH TREASON, arming an avowed enemy of the U.S. --IRAN. Reagan is also remembered for having waged war on LABOR, the ONLY 'war' that the cowardly GOP has yet won since WWII. Reagan is also remembered for WIMPING out of the TOTAL NUCLEAR DISARMAMENT deal that was put on the table by Gorby at Rekjavik. Reagan is remembered for having almost started WWIII with his remark about Russian ICBMs on a radio show
lennhart 1 year ago
@lennhart So i guess we should have got rid of all our nukes and let them keep theres? Yeah man its a wonder dems havent got us all killed with there great ideas on peace. We dont need guns just cause they got them. I just hate to be the only one without a gun when the fight starts. Sorry but i think we better hang on to a few of them bad boys just to make me feel better. Hate think pakastan would be the only country with nukes.
Gahillbillyusa 1 year ago
@Gahillbillyusa the ENTIRE WORLD should get rid of its nukes. Please recall, that it was the U.S. who began the arms race. Had you forgotten. Truman (sadly, a Democrat) bombed two Japanese cities when --IN FACT --the surrender terms on the table were precisely those that were agreed to AFTER the bomg. At last, it was GORBY who proposed TOTAL NUKE disarmament but GOP IMPERIALISTS would never have tolerated it. Reagan was their LAP DOG AND TOOL.
lennhart 1 year ago
This outcome was predicted by a SAINT:
" I can perceive nothing but a certain conspiracy of rich men procuring their own commodities under the name and title of the commonwealth." ----Sir Thomas More (1478–1535), Utopia
Indeed! Since R. REAGAN 'rich men' have been 'procuring their commodities' with what the 'commonwealth' calls a tax cuts.The transfers of wealth upward is MEASURABLE among an ELITE that is SHRINKING in size even as it's share of wealth increases exponentially.
lennhart 1 year ago 3
Reagan dismantled the New Deal and thus ushered in two MEASURABLE processes: 1) the transfer of wealth to an increasingly tiny elite 2) measurable declines in GDP and PRODUCTIVITY. All of these rates of change are MEASURABLE with official stats! You don't have to be a CALCULUS wizard to discern a FACT: the DECLINE in productivity is a FUNCTION of the transfer of wealth upward. You calucus genius should be able to write a simple equation that is consistent with the OFFICIAL STATS.
lennhart 1 year ago 3
By the way, SINCE WHEN is truth determine by a popular vote. And in any case, my comments in which I got 18 'ups' and another with 14 ups are gone. it would appear that SOMEONE '..can't handle the truth!"
lennhart 1 year ago 3
Google and READ this article:
58% of Real Income Growth Since 1976 Went to Top 1% (and Why That Matters)
lennhart 1 year ago 3
I started a business ran it till my son finished school now he is half owner and oneday it will all be his. Its hard work and sometimes it dont pay good but its growing everyday. When we get this group out of office who thinks i owe some other people healthcare who i guess just dont show up for work. It will get even better. Im legally disabled but i wont take it. I'll make it and my children can be proud that it was done with hard work and trust that was built from the gound up.
Gahillbillyusa 1 year ago
Search YouTube for this VIDEO: Unemployment Rate: Reagan's Recession 1982-1983
It demonstrates the effect of Reagan's recession of 1982-84, the deepest and worst depression since the GREAT ONE following the GOP admins of Coolidge, Harding and Hoover. Rule of thumb: GOP = contraction = depression; concurrently INCOME DISPARITIES increase.
lennhart 1 year ago 3
@lennhart This page has 105 likes 21 dislikes. That kinda tells the story.If you are intent on standing alone dont be surprized when you find yourself alone. look back at the pages here. Are you surprized to find your the only one here to see it that way? I did great under Reagan they can write all the papers they want too ill always feel that way. I beleive little of what they say and less of what you say everytime you go off in a name calling rant.
Gahillbillyusa 1 year ago
What can be GRAPHED with math (Calculus|) precision is the fact that GDP grew (a function) while inequality declined (a function) following FDRs reforms. The EFX lasted until the Reagan Revolution. This 'golden age' saw tremendous growth in jobs --rate of which is a function --as INCOME INEQUALITY declined, falling from .376 to an all-time low of .348 between '47 and '68. All groups benefited. all groups. With R Reagan, GDP declined (a 2 year depression) EVEN AS the rich got much, much richer.
lennhart 1 year ago 3
lennhart 1 year ago 3
@Gahillbillyusa and you --obviously --don't want to look at the OFFICIAL statistics from THREE non-partisan agencies that prove that Carter was, in fact, among the BEST Presidents in terms of job creation and over growth of GDP. These are the OFFICIAL numbers cited by REPUTABLE economist right or left. Those are FACTS, JACK!
lennhart 1 year ago 2
@lennhart Then make him a site showing that or are you scared to do that? Im not going down to the level of calling names anymore. Be who you are beleive whatever you want. You look to cause trouble and put down what anyone like. It show your a democrat. sorry i said i wouldnt call names anymore. Today thats about the worst one you can be called sorry feel better it will be ok well find someone with a good heart to fix it all again.
Gahillbillyusa 1 year ago
@Gahillbillyusa I don't have to make you shit! The INFORMATION I cited is in the public domain, in fact, is it the PROPERTY of every tax paying U.S. citizen. I told you where it was. It is NOT my fault that you are TOO STUPID or TOO LAZY to look it up, Fuck you! Get a life, nit wit. Failing that, get a brain!
lennhart 1 year ago 4
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lennhart 1 year ago 4
A common RIGHT WING LIE claims that welfare is a serious drag on the economy. Fact is it barely registers. Commonly vilified is Aid to Families with Dependent Children which wingnuts say is an incentive to avoid work, have have kids. Despite AFDC and Food Stamps being large items on the welfare budget. they amt to ONE PERCENT of the combined state and federal budgets. Food stamps are just 1 percent. Winguts will LIE ABOUT ANYTHING. And the crooks and idiots who call me names are proof of it.
lennhart 1 year ago 4
@lennhart What a stupid comment. Welfare as well as other government dependency programs ROB people of their incentive to work, be creative & be bold in starting a business. Heck, if you get enough food & housing to survive, why the Hell go to school & work? Just sit on that soft sofa & watch some stupid Soap Opera show while waiting for that welfare check in the mail.
ProphetLuong 1 year ago
@ProphetLuong nope this has NOTHING to do with 'dependency. It's about which economic policies create jobs and which economic policies FAIL to create jobs, FAIL to create GDP growth. FACT: the policies of EVERY GOP Prez since WWII have been LESS SUCCESSFUL at creating jobs, LESS SUCCESSFUL at stimulating economic growth than have ANY DEM administration since World War II. Secondly, you have FAILED, utterly FAILED, to cite a SINGLE FACT in support of your fallacious labels and characterizations.
lennhart 1 year ago 2
@lennhart What I wrote has EVERYTHING to do with the economy. Gov red tape, over taxation & dependency are famous for killing incentive & the people's desire to open business. Where do you think most tax revenues come from? The middle class business & people! Where do you think most of the workers work in? Small to mid-size businesses owned by Middle Class people like me.
Whenever the stupid gov steps in & robs from us, we get hurt & America gets hurt. Pres Reagan was very wise to see this.
ProphetLuong 1 year ago
@ProphetLuong So what? sure --incentives are important to business. That being the base --EXPLAIN to me WHY the ECONOMY --in fact --SHRANK during the Reagan years? Were there NO incentives to create new business? Were there no more profits to be made? You claim to be the frickin' expert --so TELL ME! I have ONLY the facts to cite and they are that for a period of TWO YEARS under Reagan the ECONOMY SHRANK! That's called a depression;it was, in fact, the deepest and longest since Hoovers'.
lennhart 1 year ago
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@lennhart The economy shrank because of the stupidity of the Carter years. That idiot did his best to destroy the US economy so naturally it takes time for it to recover. The spillover unfortunately happened during the Reagan years but due to his great leadership, we GOT OUT OF Carter's mess.
And if Reagan was so bad like the way you want us to believe, then TELL US why he is still considered the BEST President after Washington? So all of us are wrong & you're the only one right? :-)
ProphetLuong 1 year ago
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lennhart 1 year ago 3
@ProphetLuong Reagan WAS as bad, perhaps, worse. He presided over the longest, deepest recession/depression since H. HOOVER, another ecnomically incompetent GOPPER. The facts tell the story.The depression of some two years followed from Reagan's tax cut of benefit ONLY to the upper quintile. Check the stats -following the tax cut, U.S. investments OFFSHORE increased, jobs declined, a recssion followed. It's the GOP way --a process that was described by John Maynard Keynes.
lennhart 1 year ago 3
@lennhart What a totally STUPID comment you made! Our country is in the bad shape that it is in because of this socialist English scum John Keynes who believed that gov should spend spend & spend while taxing taxing & taxing the people to death.
I prefer the Austrian School of thought when it comes to living within your means like we did for the first 175 yrs of our existance. And look at us now, being owed by Red China.
ProphetLuong 1 year ago
@ProphetLuong Keynes was right. THE ONLY THING THAT WASN'T INCLUDED FAIRLY INTO HIS PATTERN HOWEVER, WAS RELIANCE ON FOREIGN RESOURCES. Before the 1973 oil crisis, KEYNESIAN ECONOMICS WAS THE OBVIOUS ANSWER. Nixon even took America off the Gold Standard because it was a threat to the continued spending on the Vietnam War. America recovered from a minor economic crisis after Nixon ended the Gold Standard. Reliance on foreign oil ended the Keynesian shortcut for Jimmy Carter which JFK had.
hulkyone 1 year ago
@hulkyone KEYNES IS WRONG!!! Because of this socialist moron, we are TRILLIONS in the red! And forget this traitor Nixon who should be hanged from taking us off the Gold Standard! The Gold Standard prevents lying governments from spending money which they don't have. By using worthless paper money, we are enslaving our future generations with economic slavery!
If the Obama administration hasn't taught you this, I don't know what will!
ProphetLuong 1 year ago
@ProphetLuong Keynes IS DEAD, SO YOU SHOULD HAVE TYPED WAS WRONG, YOU STUPID JACKASS. THE OBAMA ADMINISTRATION HAS NOT BEEN FOLLOWING KEYNES TOO MUCH EITHER. PAUL KRUGMAN, THE PRO-KEYNESIAN ECONOMIST WHO PREDICTED THE WORST OF THE RECESSION, HAS CRITICIZED A GOOD SHARE OF OBAMA'S AGENDA SINCE NEAR THE BEGINNING OF HIS TERM. PAPER MONEY ISN'T WORTHLESS EITHER. WHY THE HELL DO THINK SO? DO YOU THINK THE MONEY WE CARRY IN OUR WALLETS IS ALSO MADE OF PLASTIC? LOL
hulkyone 1 year ago
@hulkyone Keynesian, Marxist, Communism, Nazi, Fascist, etc...the are all SOCIALIST & COLLECTIST!!! The name may change but the result is still the same: robbing me of my hard-earned money & giving it away to those who don't deserve it.
If you want to waste your money, go right on ahead & bankrupt yourself. Leave my money alone.
ProphetLuong 1 year ago
@ProphetLuong LOL. YOU ARE ONE PATHETIC DRAMA QUEEN. YOU SEEM TO NOT KNOW TOO MUCH ABOUT THE DIFFERENCES BETWEEN GOVERNMENT INTERACTION AND GOVERNMENT DICTATORSHIP.
hulkyone 1 year ago
@hulkyone Sorry to burst your bubble there buddy, but what part of GET THE GOVERNMENT OUT OF MY LIFE & WALLET DON'T YOU UNDERSTAND?!?!?
OK, I believe there should be government, only a LIMITED one. The same for taxes; we all have to pay taxes, but only a LIMITED & REASONABLE one; not one where we have to support dead-beat losers on welfare for the rest of their lives. If you want to do so, then go right on ahead with YOUR MONEY!!!
ProphetLuong 1 year ago
@ProphetLuong LOL. YOU ARE SURE ONE BITCHY DRAMA QUEEN.
hulkyone 1 year ago
@hulkyone Thank you for your encouraging words. I wish I have more time for the Tea Party which I belong to. I want to educate others more about the growing threats of socialism, communism, Nazism, Fascism, the Vatican, etc...
ProphetLuong 1 year ago
@ProphetLuong SO YOU HAVE A BIGOTRY AGAINST CATHOLICS? LOL
hulkyone 1 year ago
@hulkyone No, just the Vatican. Most of my friends, neighbors, employees & classmates are Catholics whom I deeply love & cheerish. However, I hate the Great Whore of Revelation 17 that is constantly lying to people & dragging them to Hell. Please read the last book of the Bible to understand what dangers all of humanity is facing because of the Vatican beast. It is the mother of Nazism, Fascism, socialism & communism!!!
ProphetLuong 1 year ago
@ProphetLuong Boy, DO YOU HAVE YOUR HISTORY MIXED UP YOU STUPID JACKASS. THERE IS NOT YET ANY PERSON DRAGGING US TO HELL IN THE MATTER DESCRIBED IN THE BOOK OF REVELATION EITHER, DUMBASS. THE VATICAN DID NOT GIVE BIRTH TO THOSE BELIEFS REALLY EITHER.
hulkyone 1 year ago
@hulkyone AHAHAHA!!! Boy, are you stupid! We have not yet completed all the prophecies in the Book of Revelation so hold on to your pants and wait for YAHWEH to come back & kick all of your rebel's asses.
The Vatican did not give raise to communsim, socialism, Nazism & Fascism? Why don't you conduct a 25-year research like I have to know how wrong you are. Here, let me give you some help. Find out who the ex-Jesuit Alberto Rivera is what he had to say as to who is really running the world.
ProphetLuong 1 year ago
@ProphetLuong Boy, ARE YOU FUCKING STUPID. I NEVER EVEN STATED WE HAD EVEN BEGUN ANY OF THE PROPHECIES WRITTEN IN THE BOOK OF REVELATION. RIVERA WAS ALSO QUITE ANTI-CATHOLIC, SO YOU ARE SURE NOT DOING A GOOD JOB DEFENDING THE FACT THAT YOU ARE NOT CRITICIZING CATHOLICS. ARE YOU SO FUCKING STUPID YOU CAN'T EVEN NOTICE YOUR CRITICISM OF CATHOLICS?
hulkyone 1 year ago
@hulkyone Stupid? The only one who's stupid around here is the idiot who can't communicate normally without using CAPS & a decent language. FYI, stupid, Alberto Rivera WAS Catholic before he saw its true ugly face so you wanna try again?
Fact is, the foot soldiers of the Vatican, the Jesuits, have been THROWN out of over 81 countries for their demonic works: causing wars, revolutions, assinations, etc...Now tell me, why this is.
ProphetLuong 1 year ago
@hulkyone oh yeah what can you expect from a viet monkey. his brain is not even developed properly. he inhaled too much agent orange in a place called viet monkey land.
i say a good viet is a dead viet. yeah? ^_^
rainyday2005 1 year ago
@ProphetLuong Nixon is also dead, DUMBASS. YOU SHOULD'VE TYPED HE SHOULD'VE BEEN HANGED, NOT HE SHOULD BE HANGED. THE GOLD STANDARD HAD LIMITS TO IT'S PROSPERITY. GOLD IS A PRECIOUS METAL AND IT'S HARD TO FIND ENOUGH TO FILL A VAULT FOR EVERY SINGLE AMERICAN
hulkyone 1 year ago
@hulkyone EXACTLY why we should be on the Gold Standard, STUPID! Because we have not been on it, we are SELFISHLY passing on our wastefulness to the unborn future generations! SHAME ON YOU!!!
ProphetLuong 1 year ago
@ProphetLuong the economy SHRINKS and JOB DECLINE under EVERY GOP regime since WWII. those are the FACTS, JACK.
I will tell you why: the GOP does not represent the 'people'; rather, an increasingly small ELITE. Reagan's tax cut enriched the UPPER QUINTILE; subsequent BUSH/BUSH cuts have resulted in a RULING ELITE of just ONE PERCENT of the total population; the OWN more than the rest of us combined. This transfer upward always results in DEPRESSION as elites BANK their windfalls OFFSHORE.
lennhart 1 year ago 3
@ProphetLuong Carter is among the nation's BEST presidents, especially in terms of job creation and GDP growth. Two repugs pull up the rear: reagan and bush sr.
lennhart 1 year ago
@lennhart Ohhh yeah, Carter was the "best" pres all right! LOL!!!
That's why we rewarded him with only ONE term while we rewarded the Great Pres Reagan with TWO! AHAHAHA!!!
ProphetLuong 1 year ago
@ProphetLuong Secondly, REAGAN ranks among the WORST Prezzes in terms of job growth since World War II.
Job Growth Per Year Under Most Recent Presidents8
Johnson 3.8%
Carter 3.1
Clinton 2.4
Kennedy 2.3
Nixon 2.3
Reagan 2.1
Bush 0.6
Bureau of Labor Statistics, Current Employment Statistics Survey
lennhart 1 year ago 3
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@lennhart Ohh please, government jobs should NOT be counted! Your Demon-Rat heros are vilians at "creating jobs" in the wasteful government.
ProphetLuong 1 year ago
@ProphetLuong those are OFFICIAL STATS, you idiot. the SAME METHODOLOGY is used for ALL prezzes. If you are ALLEGING that a different methodology was used ONLY for Dems, then PROVE YOUR STUPID AND UTTELRY BASELESS CHARGE --or shut the fuck up!
lennhart 1 year ago 3
@lennhart CAN YOU READ, YOU WORTHLESS PIECE OF SH*T?!?!? I said below that goverment positions should NOT be counted as regular jobs because big government is wasteful, unneeded & a big drain on the economy, STUPID!
Your shut the Hell up, you low-IQ trash! With such dumb idiots like you, no wonder you lost the whole continent! LOL!!! Ohh wait, you losers lost TWO WHOLE continents! AHAHAHAHAA!!!
What a bunch of LOSERS you are! Now go back sniffing glue or geting drunk on your reservations.
ProphetLuong 1 year ago
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@ProphetLuong who said "Your shut the Hell up, you low-IQ trash! "
LO LOL LOL LOL
Live with it! I know I have won an a argument when the alleged opponent begins to call me a MORON. Only the TRULY STUPID resort to that. I would put money on a psychological study proving conclusively that the average GOP IQ is about 10 points or more below that of any DEMOCRAT chosen at random. LOL LOL Now --those GOPS who know better but say otherwise anyway may be intelligent but the word for them is CROOK
lennhart 1 year ago
Did I mention that R. Reagan was a liar? Reagan talked about a Chicago Welfare Queen whom he said drove a Welfare Cadillac. Reagan said that she had used 80 different names to collect $150,000 in benefits. The press tracked the story down and discovered that she DID NOT EXIST. Even so, this BULLSHIT STORy has been repeated by LIARSa of the right wing. Reagan was a LIAR.
lennhart 1 year ago 2
I was accused of not being a real cowboy. Again, idiots will mouth off about thing of which they KNOW NOTHING. I was riding horses at age six among the mesas of West Texas. Killed my first rattler at age seven. My Great Uncle, Loss Hart, was a U.S. Marshal. He is remembered for having shot and killed the infamous outlaw BILL DALTON. Lies about one on the internet is considered LIBEL and my lawyer assures me that LIBEL is prosecutable, grounds for a lawsuit.
lennhart 1 year ago 10
Let us put this in perspective. Reagan was a total fuck up, presiding over a DEPRESSION of two years, the deepest, longest since HOOVER. I witnessed the tent cities that sprang up in HOUSTON (boomtown?) myself. Carter, by contrast, was among the BEST prezzes in both JOB CREATION and GDP. Read em and weep. Calling me stupid names just makes YOU look as stupid and as retard as you really are.
lennhart 1 year ago 4
lennhart 1 year ago 5
GOPPERS boast of 18 million jobs created in the 80s. BIG DEAL. They are quiet about OVER 24 million jobs created during the 70s '''CARTER. Carter out performed REAGAN with a 3.4 percen rate of increase. REAGAN presided over a TWO YEAR long depression, deepest-longest since HOOVER. Carter was a GREAT President. REAGAN was a stooge.
Percent of Men and Women in Labor Force10
Year Men Women
1960 83.3% 37.7
1970 79.7 43.3
1980 76.3 51.5
1985 76.3 54.5
1990 76.1 57.5
lennhart 1 year ago 5