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The Coronavirus shows it. People want bigger and expensive government.
RIP? Reagan was the epitome of big government.
Reagan grew government by leaps and bounds. That lying POS tripled the debt in 8 years time. It took 30 years to do it before that. He was no conservative.
Two departments he said he'd get rid of, Interior and Education had their budgets double.
Federal entitlements cost $197.1 billion in 1981—and $477 billion in 1987.
The Tax Equity and Fiscal Responsibility Act of 1982. TEFRA—the largest tax increase in American history—was designed to raise $214.1 billion over five years.
In 1982 Reagan supported a five-cent-per-gallon gasoline tax and higher taxes on the trucking industry. Total increase: $5.5 billion a year.
During his eight years in office, Ronald Reagan increased federal spending by 53 percent, added a quarter of a million new civilian government employees, and escalated the War on Drugs, created the "drug czar's office".
Reagan grew government by leaps and bounds. That lying POS tripled the debt in 8 years time. It took 30 years to do it before that. He was no conservative.
Two departments he said he'd get rid of, Interior and Education had their budgets double.
Federal entitlements cost $197.1 billion in 1981—and $477 billion in 1987.
The Tax Equity and Fiscal Responsibility Act of 1982. TEFRA—the largest tax increase in American history—was designed to raise $214.1 billion over five years.
In 1982 Reagan supported a five-cent-per-gallon gasoline tax and higher taxes on the trucking industry. Total increase: $5.5 billion a year.
During his eight years in office, Ronald Reagan increased federal spending by 53 percent, added a quarter of a million new civilian government employees, and escalated the War on Drugs, created the "drug czar's office".
R presidents typically do expand federal power, regardless of conservative orthodoxy or talking points on what the federal role should be. W expanded it a good bit too. Trump was looking like something of an aberration and he did actually pull back on some things, but corona is now forcing him to expand it also.
Poor consumers are actually some of the biggest drivers of job growth because they typically spend close to 100% of their income in the economy.
Prior to the early 1980s, people used to actually believe this. In fact, "trickle up" is a big reason the 1950s that everyone looks back on so fondly were so prosperous. America prospers when we have a strong middle class. 40 years of trickle down has shown it to be a failure.
Most Republican voters would probably agree if they weren't welded to the GOP because of issues like abortion and gay marriage.
R presidents typically do expand federal power, regardless of conservative orthodoxy or talking points on what the federal role should be. W expanded it a good bit too. Trump was looking like something of an aberration and he did actually pull back on some things, but corona is now forcing him to expand it also.
He okayed huge increases in spending before Corona. Still the policemen of the world. That negates the small amount of government deregulation he did. I don't see that as pulling back or being a slight aberration.
Poor consumers are actually some of the biggest drivers of job growth because they typically spend close to 100% of their income in the economy.
But they don't make big purchases, they don't invest and they don't open businesses and create jobs. I'm not saying they aren't a big factor in the economy, but they are NOT the drivers of economic growth which we need. Grow the entire PIE so everyone's slice can be bigger. Don't just redistribute the same slices.
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