And, on top of these tax hikes, Reagan also granted amnesty to approximately 3 to 4 million illegal aliens. They think around 3 million actually took advantage of the amnesty. Say what?? You will not hear the Hannitys Becks and Rushs ever mention it. I dont think Ronald could get the Republican nomination today. Far too liberal.
@EdugeBDroN totally agree. It is interesting that Obama is the so called big spending, big taxing liberal socialist and didn't raise taxes, but Reagan is mister nice guy conservative who taxes 11 times. Damn Obama is the conservative and Reagan is the liberal.
Reaganomics and deregulation caused the S&L collapse and the stock market crash of '87 and laid the ground work for ENRON and the great economic collapse of 2008. Even Greenspan who was a rabid follower of the laissez faire ideas of AYN RAND whos ideas only worked in fiction admitted that following her was a disasterous mistake. America need apolitical WISE regulation and not deregulation or regulation in name only.
And, on top of these tax hikes, Reagan also granted amnesty to approximately 3 to 4 million illegal aliens. They think around 3 million actually took advantage of the amnesty. Say what?? You will not hear the Hannitys Becks and Rushs ever mention it. I dont think Ronald could get the Republican nomination today. Far too liberal.
nmr20067 4 months ago
@ peanut man so even if the guy tells you I was there he raised taxes you still want to believe in saint Reagan .there is nothing we can do for you .
EdugeBDroN 5 months ago
@EdugeBDroN totally agree. It is interesting that Obama is the so called big spending, big taxing liberal socialist and didn't raise taxes, but Reagan is mister nice guy conservative who taxes 11 times. Damn Obama is the conservative and Reagan is the liberal.
Mr40acresandamule 5 months ago
Reaganomics and deregulation caused the S&L collapse and the stock market crash of '87 and laid the ground work for ENRON and the great economic collapse of 2008. Even Greenspan who was a rabid follower of the laissez faire ideas of AYN RAND whos ideas only worked in fiction admitted that following her was a disasterous mistake. America need apolitical WISE regulation and not deregulation or regulation in name only.
exenrontexas 7 months ago
This has been flagged as spam show
they can call it a myth but the only time things that ever got done were under Reagan
peanutman5240 11 months ago
I hate Reagan
aburke673 1 year ago 3
In 2003, former Reagan adviser Bruce Bartlett wrote … "according to a recent Treasury Department study, … in 2003,
"1982 TEFRA raised taxes …" making it the
“largest peacetime tax increase in American history"
[National Review, WSJ, Forbes, Heritage Foundation, etc]
-
Reagan – largest taxer and spender of the 20th Century …
tripled the debt.
hackit12 1 year ago 12
Before Reagan, the greatest lender nation.
In the 1980s Reagan/Greenspan promoted the supply-side economic policy
Reduced highest tax margin over 3 M$, from 70 to 28%.
Increased the size of Govt.
Ignored the Carter Energy policy [independence by 2010].
3 unnecessary Oil wars = bankrupting the country !
Since the 1980s, the middle class have not been able to keep up with inflation; yet, the wealthiest have increased their incomes 600+%.
Now, the greatest historic debtor nation.
hackit12 1 year ago 11