Ronald Reagan TV Ad: "Reaganomics"
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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)
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Go away liberals
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Actually it was the opposite, because it lowered inflation.
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and you can thank congress for that as well.
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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.
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Lol Reagen raised taxes 11 times during his presidency.
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God knows we need some Reaganomics not, not kidding.
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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!
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@blevr1234 Even his speechers were pathetic but the swing voters "independents"thought otherwise
Reganomics have ruined this nation
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@blevr1234 Even his speechers were pathetic but the swing voters "independents"thought otherwise
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... 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
@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