Beltway Boys Claim New Deal Didn't Work But Reaganomics Did

[MrMojoRisinII]

No he didn't. FDR created social security to prevent people from falling into poverty in their old age. Instead its been used by corporations who rip off their employees, stiff their pension funds turning SSI into their sole means of support.

FDR did more to give working men and women a decent life than any other President outside of TR. That makes the repubs nuts because they think they are the only ones who work hard. 99% of the people work hard, we just don't bitch about it..

[MrMojoRisinII]

FDR was one of the greatest Presidents of all time. Reagan was a loser who did nothing except raid social security so he could give tax cuts to the uber wealthy.

The Republicans have a dismal record when it comes to the economy. They should just be ignored.

Fred Barnes doesn't know his ass from his elbow. He loved everything Bush did and look what happened. Bush screwed up everything.

So why are we still listening to Fred Barnes and the rest of the cast over at GOP-TV????

[dz2ny]

the fucking facts are there, it worked and we benefited from Reaganomics and thats that. get over it. liberals are so fucking stupid and ironically close minded.

[MrMojoRisinII]

Obviously that's not true because you can't argue your way out of it.

By the way I can argue without using the word "fuck"

[dz2ny]

Good, so can I. And i dont need to "argue" anything. I can explain it to you if need be though. Arguing something like that is pretty pointless though. Thats like arguing obama didnt win the election thanks to racism, and help of liberal news.

[MrMojoRisinII]

The biggest asset the Democrats had was the absolute and utter incompetence of the right wing republicans.

By the way keep blaming the media for losing the election, nothing like the party that preaches personal reponsibility blaming everyone else for their problems.

[dz2ny]

that reminds me of how obama always says "I inherited this recession". Instead of just doing the job he begged to have for 3 years. Both parties do it man. im more of a conservative than anything else. And I know that the republican party is a mess, i blame the reps for losing the election obviously because they ran a terrible campaign, and nominated people that didnt have a shot in hell at winning in the first place.

[mpc91]

@MrMojoRisinII - And by "greatest Presidents' you mean, he created systems by which the government started stealing from one sector of the American people to then claim it was giving things for free to another. FDR did more to curtail liberty in this country than any other President. The New Deal didn't end the depresssion, it prolonged it. WWII ended the depression. You talk of raiding social security, when it's social security that's raiding us. It will bankrupt us within 20 years. Thanks FDR.

[MrMojoRisinII]

Fred Barnes is just a right wing mouth piece. He writes for Bobby Murdoch;s right wing rag, "The Weekly Standard" which never makes any money , and whose readeership consists of FOX staffers.

Barnes is liuving in a fantasy land or is hooked on some harcore narcotics that cause him to have these crazy friggin ideas. George Bush, great President. Reaganonomics worked, FDR sucked.

The truth is despite the rhetoric Democrats are better at the economy than Repubs.

[olseabee]

The only way the socalled "investors" get their socalled "profits" is by unconstitutional banks inflating, devaluing our money through counterfeiting

Otherwise they would have to work, save and live within their means like the younger Americans who this country rightly belongs to

[Paperdebtpyramid]

People who own their homes outright can work cheaper than someone with $300,000 debt

You worthless "investors" the banks cater to expect a free ride on somebody elses blood sweat and tears

It's not enough that we've found ways to improve our lives and production through technology????

What about the broken down families across America???

you should be ashamed of yourselves and now you sit by while more dishonorable crap hits the fan in israel

You lazy worthless son bitches wake up

[Paperdebtpyramid]

Investors are like a bunch of spoiled brats that want money for free while the banks cater to them with counterfeit money expansionary policies that indebt the masses

And destroy America in the process

uhuh, and who do you think is supposed to give you a million dollars for a house you paid $600,000 for

I guess dumb immigrants are ok for that

look what you done

What we need is more stable money in circulation and less debt

[Paperdebtpyramid]

WHY THE HECK WOULD WE WANT TO COMPETE WITH THE WORLD TO PROVIDE FOR OURSELVES?

Our current monetary system requires constant growth

A Constitutional money does not

A Constitutional money destroys debts

It is european merchant banker trash running America to their benefit

They have run china and india for hundreds of years

It was chinese tea that was thrown from an east india trading co merchant ship in Boston harbor

Florida IS America too people

Deport the foreigners

[Paperdebtpyramid]

The best fix for America is to 1. secure the borders 2.deport the foreigners 3.Restrict exports (that's right) 4.Nationalize banking and insurance to not for profits 5. educate young American adults in the medical fields expeditiously 6. lower welfare benefits incrementally 7.Raise Social Security Retirement benefits substantially 8.Dismantle the IRS 9.Circulatethe money 10. fema camps for corporate leaders, bankers and wallstreeters who object ;-)

[Paperdebtpyramid]

AND I am tired of hearing the general sentiment of polish communists from chicago that we need more immigrants

Where is THAT policy supposed to end???????

FKING RETARDS!

[Paperdebtpyramid]

Another thing that better STOP RIGHT NOW! is the wet foot dry foot policy in Florida that enables cubans and others to stay if they reach dry land

That is the stupidest policy ever I am tired of seeing America given to foreigners while American families cannot afford to live

They charge us interest on our money dumbasses

WE are not getting interest on our deposits so the money is not circulating they are destroying it! to bankrupt and oppress and exploit

Watch for euro canad invasion

[Paperdebtpyramid]

Investor profits off the debts of their children

YOU should be ashamed AMERICA!

Your politicians are bought and paid for TRAITORS!!!!

Dem repub all the same since Kennedy

European merchants took America over with paper debt trickery

They pulled a generational thing

You old people have been coddled and pacified your entire lives off the labor of foreigners and your children

Your parents left America to you intact and who will YOU leave America to?

We been here for 400 years

[Paperdebtpyramid]

Banks counterfeit money enables preferential treatment of class, race or nation by the bankers who run it all

The colonial merchants we freed ourselves from

Investors profits are derived from artificial values created with counterfeit money.

What we have is not money it is not an economy it is a dfebt trap created by the colonials to run the world

Deport ALL the immigrants from America NOW!

No born here NO live here!!!

[Paperdebtpyramid]

Why would we want to let millions of illegal immigrants enter America,, borrow billions upon billions from banks to buy goods that are manufactured overseas causing a huge trade deficit indebting America to foreign countries??

I thought we "needed cheaper labor and it would be good for us in the long run" ?

So now our money will be devalued and foreign made goods will skyrocket in price?? NOW that our factories have been stolen by corporate banker infiltrators???

What next? more war?

[Paperdebtpyramid]

The mtr fkrs prevented traditional Americans from affording families while they brought in foreigners and then gave them FREE MONEY FROM THE BANKS Which is the ONLY PLACE MONEY COMES FROM!!

There is NO SHORTAGE of money that is all a bunch of man made BS

America belongs to the American people our ancestors came here with nothing and fighting everything front and back

[Paperdebtpyramid]

Reagan was really the first big attack on American families,, although I think others had set it up for the retaking of America by the colonialists.. Reagan sure f'd America

God Damn him to hell

[Paperdebtpyramid]

Of course the older people being established with 3% mortgage interest rates did not mind their children supplying the 12% CD rates on their deposits or the growing demand on their property created through immigration based population growth

No more free ride for the old folks

Now that hey ruined the young folks they can see what it's like to be us

Of course the even older folks left America to them and they will leave America to hispaniolas whatever the F that is

Golf anyone?

[Paperdebtpyramid]

These guys are fos

The prime rate averaged 13% from 1978 - 1990 and was the biggest destroyer of American families that I know of besides offshoring our jobs with money borrowed by the govt and opening up the borders all of which reagan did

The banks caused an artificial shortage of money, told us we needed cheaper labor while interest rates were at 20% and exported our jobs and opened our borders,,, then expansionary mortgages for the immigrants and here we are

America under attack!

[eelzen]

Two air head pundits who produce no product nor add any worth to the general good.

Before Reagan's anti-union/pro-corp. policies, a blue collar worker could support a family of four. After Reagan, they can't. And the over paid elitist beltway boys are proud about that? WTF?!?! Why don't they just start pouring boiling oil on the working poor and be done with it.

[Sinistertino]

anyone who call themselves "beltway boys" really don't have much credibility

[duhCider]

If hooey were a commodity, Fux Noose would be richer than the Oil crooks.

[diah4]

He had the nerve to say Reagon was for rich and poor? Reagon is a bitch and so is everyone at foxnews, because they are racist cunts. I think favoring unions is good because look at what happened to the workers in chicago. without a union, the owner of the company would have left them people without nothing. Deregulation IS the reason that we are in this bullshit in the first place. bottom line Reagons a bitch and I am so glad that he wasnt the pres of in adult life. Pres Obama is way better.

[diah4]

are you fucking serious? Oh FOXNEWS? okay, that equals racist opinions so their opinions don't really matter because they come froma selfish and ignorant place. DID THEY SAY REAGONOMICS WORKED? FOR THE FUCK WHO? It worked for everybody but black people. Reagon is was an asshole and I hope he's burning in hell. President Obama in tryna help everyone. what this racist ass channel don't get is, people white and black are losing jobs. Putting people back to work will boost America overall

[MarquisdeBarrabas]

Right-wingers all across the world have nightmares with the New Deal. Why?

Because the New Deal worked. FDR saved the US.

While Reaganomics didn't work. And Bush sunk the US.

Deal with it, wingnuts.

[Richardgwm]

Conservatives have a hard time dealing with reality.

Their ideology is continually proven wrong, so they have to find others to blame for the failure of their ideas.

[RunawayRed]

The reason this guy is bumbling around so much is because he can't keep track of his own bullshit. There are reasons to dislike Obama, or most politicians for that matter, but the advice and history that they give is false.

[unwashablebrain]

do they think they can lose us in the technical talk? these guys are full of shit!

[PAYNE227]

Other than take away deductions for house,auto,etc. we faired well under Reagan. Congress has gotten richer and there by have set in motion policies that keep them that way,while the middle class is screwed. There are so many tax breaks and ways the rich can divert their money,it doesn't give the middle class a chance. We all strive to be as rich as possible but we need to be fair about this. Will Obama adjust the riches taxes? I dont think so,he is already backing away from a lot of promises.

[johnedwards1968]

Unions decline, middle class decline? Hmmm, must be some weird coincidence there! lol

[BKDevious]

I'm sorry.

Reaganomics almost killed free market capitalisms for the middle class, scarring the reputation in such types as mortgages, minimal wages, and - now - unemployment.

The last thing we would do - and I'm being off-topic for this moment and this is well worth your troubles - is to allow our jobs to be shipped overseas (China!)

HELL NO!!

[WrongPotion]

Beltway Boys = Pro-Corporate idiots. Reaganomics didn't work and Dubyanomics was just an extention of Reaganomics. It's the economic policy that got us in this position.

[blair227]

We just wen

[jer4703]

Reaganomics was great for the rich.The rest of us got fucked.

[Navywxman]

Kondracke and Barnes make me sick. The perpetual BS coming from their mouths, rewriting history to fit their twisted agenda, and the typical bashing of unions ie. the working class ie the majority of the population. The contempt for truth and working Americans is truly vulgar.

[anner442]

Obama is NOT going to say "go shop" as a cure for our economy. We have to be tough and sit tight. The wastage of our prior administration is our cue to not send our jobs overseas as Bush and others did.

[Rustyshackleford08]

First off, in the 80's they counted inflation right AND they counted unemployment right so its much worst today using the old numbers. Interest rates actually brought down cost for those who are not in debt so things were better if you didn't mortgage yourself to the tits. THEN inflation is skyrocketing right now in electricity and food costs. We are in a liquidation period right now so the cost of a tv comes down but then again who cares about that.

[silencesummer]

Uh why does nobody on FOX ever talk about the fact that Reagan lowered taxes without matching spending cuts, which increased the deficit which in turn made the recession even worse? Not to mention those tax cuts he fought so hard for? He raised taxes several times during his presidency (four times from '82 to '84 alone).

[Wendy62]

Because if they told the truth, not even Republicans would buy in for a second go-round.

[press1500]

the basic inaccuracy of this video is the unemployment rate%

6.7% of the population is 20mil, not 10mil, and that is even inaccurate. Only 100mil of the people in America have full time employment. this means that the true unemployment rate is 66% not 6.7%.

[toyracers]

the unemployment number is really complicated.. America has a workforce of around 153 mill people..(able body person under retirement age and over 18).. 6.7 is the number for unemployed people who are looking for work..

then you have long term unemployment, which is unemployed people who gave up looking for a job.. (that number is around 10-15 percent)

the rest of the population consist of retired, disabled, trust fund babies, too young to work, too old to work ect ect..

[waltermh111]

from my understanding they still drop you from unemployment after a certain amount of time even if you are looking for work.

To be honest, if they are looking that long they need to move to a new city as much as that costs. Almost prohibitive if you dont have a job and people willing to help, but sacrifice maybe? I know life isnt simple though.

Still, US unemployment rate is skewed.

[press1500]

You sir, have been watching CNBC too long there are 3 types of actual employment, full time employment, part-time employment, and no employment. These silly distinctions really do dilute the truth.

[speedyRJW]

'...these "poor corporations"...'?!!! Anybody check the colour on these two guys tongues and noses? Anybody check for brain activity? Anybody check for facts? 'Empty Vessels Make The Most Noise', as the old English saying goes. Back in the '60s in the UK, there was a kiddies show featuring two grossly shiny plastic puppet pigs (creepy things) - they were called 'Pinky And Perky'.

[bbbbmer]

Fred Barnes - economist??? Barnes skews history to suit his myopia and is just factually wrong, in terms of the Reagan era, the New Deal, and the comparative economics. Mort Kondracke playing shill (again) is disgusting, just to have a job...

[Nutrino2179]

FDR's spending program was producing 10% growth until the conservatives convinced him to reduce it and try to balance the budget. That resulted in the big slow-down of '38.

Another net effect of Raygunomics: 27 yrs w/ an ave of $600B/yr redistributed from the lower 79% of earners to the top 1%, resulting in the most inequitable distribution of wealth since 1929, shrinking incomes and a disappearing middle class. Thanks, Ronnie!

[SaveOurSovereignty2]

i noticed they did use the real 8 trillion dollar bailout figure.

I never hear that with the rest of the msm talking heads, also notice soon after they said

the way we got out of the great depression with world war 2 almost praising the war, ww3 is right around the corner.

Keynesian economics is a joke.

[youngsiward]

This is just remarkable that they can get away with this kind of commentary. To view these crises purely through the prism of unemployment is stupidity. Obama will indeed cut taxes for those who will stimulate the economy the most. Barnes admitted himself that the economy only emerged out of depression in the 30's due a massive public works program - ie. WW2. Good 'ol Fox, fair and balanced, and opting for political expediency over informed commentary any day...

[TheRedPriestofVenice]

They're both right about unions. If unions go during this present Depression, that will be great for the country.

[PUGS1688]

Can you please explain your position? I thought Unions were good for the economy.

[silencesummer]

Yes, but they're bad for businesses when they're trying to cut every last little right of employees in order to increase profit.

Lord knows we don't need 40 hour work weeks or overtime pay (both of which were won by unions and are on the chopping block in CA actually, presented by the Republican party). Next, why don't we go back to allowing 12 yr olds to work 12 hour days 6 days a week in industrial factories just like the good ol' days, right? Gotta maximize that profit to compete with China.

[Wendy62]

Out of curiosity, what do you do for a living?

[pilotamurorei]

Shows like this makes me feel happy I dont live in the U.S. anymore.

[lionsgateblows]

cant wait till you post this on c&l just to give everyone a laugh

reagan faced the same economic crisis??? not even close

and what was ww2 other than a massive works and spending program

and reagan set the table for everything we are experiencing today

[Plutonwolf]

BWAHAHAHAHAHAHAHAHAHAHAHAHAHAH­AHAHAHAHAHAHAHAHA

Keep trying ass lords, you will never quit and it is now known throughout the land just how full of shit you are and how totally toxic your policies truly are. You are without honor and morals and you all deserve to die in abject poverty, unloved and forgotten.