Ronald Reagan-Address on Federal Tax Reduction Legislation (July 27, 1981)

[burmiester1]

@JTEsterkamp

Actually, it was Clinton. Clinton forced banks to give out mortguage loans to everyone, even the ones who could not afford one. Therefore, foreclosures increased and bingo, economic turmoil. Regan taxed less, allowing more spending and hiring, therefore stimulating the economy.

[JTEsterkamp]

This is where it all began. The disparity between rich and poor in this country has rapidly grown since this moment. Reagan started the damage, but he certainly wasn't the last person to cause it. Yes his plan worked in the short term. In the long term however he damaged us for generations to come.

[jmjfanss]

@JTEsterkamp

Nope it was FDR and Nixon that really started the damage.

[burmiester1]

@MrPrymeone

How did trickle down economics not work? In a nutshell, people were taxed less, allowing them to hire more and spend more, ergo stimulating the economy.

[MrPrymeone]

And none of this bullshit worked



[nwzimmer1]

are you guys kidding? the entire platform of the Democratic Party strategy absolutely depends on the electorate being not informed, ignorant and easily swayed by emotion.

If all the electorate were intelligent and informed, the Democratic Party wouldn't stand a chance.

[deeppurple28]

Fuck this moron's trickle down effect!

[srpenquino]

@deeppurple28 ~5-7% GDP growth. From 1982-1986. How you doin Obama?! Besides how can you call cutting individual income tax "trickle down"? LOLiberals!

Ron Paul 2012

[LangeTheThird]

@srpenquino Obama created more jobs in his first year than Bush did in eight. I'm sorry, statistics don't lie.

[Eye2EyeIIIV]

@LangeTheThird

lol nice try. it's media propaganda. obama's job-killing policies are as clear as the nose on your face

[Sanjames1]

thanks for posting seriously effective politicians lay out their arguments in the most basic terms, even if their argument doesnt relate to their policies necessarily it applies to lowest common denominators and makes it sound like they know what theyre talking about.

[freedom8758]

"Tonight, I'm going to share with you a story about how fucking stupid people out there really are, and how that helps the Republican party."