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Due to Reaganomics, the wealthy paid more in taxes (percentage-wise) in 1989 than they did in 1980.
And the lower- and middle-class paid less in 1989 than in 1980.
In other words, the wealthy paid less in taxes during the Carter era than during the Reagan era!
Reagan primed the pump for two decades of prosperity, and shut down the USSR. That alone makes him the the most accomplished President of the last several decades imo. Trickle down economics does work; you do not just stand under it, you follow it upstream.
the greatest damage done to america by reagan was to profess that debt was meaningless.
ronnie was a B rate move actor not an economist. there is nothing in the body of economic thought at all that ever taught that debt was meaningless.
beware of movie actors.
the greatest damage done to america by reagan was to profess that debt was meaningless.
ronnie was a B rate move actor not an economist. there is nothing in the body of economic thought at all that ever taught that debt was meaningless.
beware of movie actors.
Reagan was the governor of the most populous state in the country in between being an actor and the President.
Incidentally, when he left office as governor, there was a surplus of funds. Why? Because he didn't have to deal with a spend-happy Congress when he was governor!
Reagan primed the pump for two decades of prosperity, and shut down the USSR. That alone makes him the the most accomplished President of the last several decades imo. Trickle down economics does work; you do not just stand under it, you follow it upstream.
Bin Laden did more to bring down the soviet union than Reagan did. Trickle down economics did more to destroy the American economy than any other single failed economic theory. Like Greenspan said the other day.....the model was flawed.
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Originally Posted by Goodpasture
Bin Laden did more to bring down the soviet union than Reagan did. Trickle down economics did more to destroy the American economy than any other single failed economic theory. Like Greenspan said the other day.....the model was flawed.
Reagan was the beginning to the end for us and the beginning of the sheeple mentality in the repuke party.
Bin Laden did more to bring down the soviet union than Reagan did. Trickle down economics did more to destroy the American economy than any other single failed economic theory. Like Greenspan said the other day.....the model was flawed.
Many try to rewrite history but actual history shows that it was Reagan who forced the Soviet Union to spend itself into bankruptcy.
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