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reagan got our self respect goin after viet nam. he also taught us that debt was meaningless.
reagan was a movie star not an economist.
Find a President besides Jackson and Clinton that ran surpluses, balanced the budget or was able to even get close. Our government doesn't run on balance. Look at the dollar and it's writing and it will explain it all.
I started my business under Reagan, it grow like wildfire and continued under Bush I.
But under Clinton and his love of Mexican goods and outsourcing of items to Mexico my business went downhill fast under Clinton, with his taxes and terrible policies I about closed down in 1999 due to his taxes and his allowing of both Mexican and China good being dumped into the market that competed with my product and nearly put me out.
I hung in there and in 2003 my business again took off and by 2008 my business grew more then triple its volume and employees thanks to the tac cuts Bush II gave us small business owners.
I was able to sell this business for enough money as the value went out the roof under Bush.
Its a great American success story that a person can start a business and see it grow to the point where a large company wants to buy you out.
I am now semi retired at a young age thanks to the Bush policies and for Ronald Reagan recognizing that this country runs on small businesses.
Clinton not only about did me in, but cut off all SBA loans to non minority small businesses. When I need to grow he shut down the loans and then over taxed me to death.
Reagan was a hero to small businesses who wanted to grow, Bush II wiped out all the crazy Clinton wrongful policies and my business grew so fast I barely could keep up with it.
Reagan gave me my start and Bush gave me an early retirement.
While your still on chapter 4 the other 12 chapters were written and done. thanks for playing.
I don't give a rat's ass what he may or may not have done for our economy. He used American tax dollars to torture and kill innocent people. Murder by the thousands is murder by thousands, no matter how many years have passed.
Also, if you're going to critique another's grammar, spelling and punctuation, you might take a look at your own, genius.
Finally, I can't decide what is more annoying about your posts--you're over eager lap-dog attitude about Reagan, or your condescension. I'll think about it and get back to you.
So you admit your business did well when it was subsidized by the government but nearly failed when it had to compete. Ain't welfare wonderful.
What the hell are you talking about? Welfare?
I never took anything for free and never got any SBA loan because when I needed it to grow and add more employees under Clinton cut it off to white owned businesses.
Welfare is a free thing given to those who have never earned it or would pay it back.
You must be totally confused. Where did I say I took any government money? Read it again before you sick your foot in your mouth once again.
For your info, I am a retired 30 years early because I did something right.
It must have worked out pretty damn good didn't it? Thanks to hard work, determination and wiping out of the competition and stopping imports from trashing prices I grew the business into a small empire that pays me very well very month for the rest of my life.
Are you retired with a huge income in your 40's? I am!
Thanks to Reagan and Bush, I am.
Owning and developing business on your own money is grand, being able to retire early is the American dream.
So yes, I am lucky and EARNED my early retirement, how about you?
Believe what you will but having YOUR nitch protected by the government while your competitors did not is a very effective form of subsidy. I am glad you retired early. It should cut unnecessary government spending.
I don't give a rat's ass what he may or may not have done for our economy. He used American tax dollars to torture and kill innocent people. Murder by the thousands is murder by thousands, no matter how many years have passed.
Also, if you're going to critique another's grammar, spelling and punctuation, you might take a look at your own, genius.
Finally, I can't decide what is more annoying about your posts--you're over eager lap-dog attitude about Reagan, or your condescension. I'll think about it and get back to you.
Did I correct your grammar because I don't recall doing such? I'm assuming you forgot about the murder by the millions and the millions enslaved in camps. You probably also forgot about the 10 sovereign states that were taken over by the Soviet aggressor. You also seem to have forgotten your policies of appease, containment, coexistence were all utter failures. There was no other course of action to be taken and no matter how much liberal spin is thrown into the mix the Soviet weren't collapsing. They in fact could have stayed doing the same things they had done for over half a century. Face it, they used folks like you to take advantage, abuse and belittle America and the rest of the world and you willingly seem to have been content with that. In their relentlessness pursuit of a one world socialist or communist state what do you think they wanted to end it with? What weight do you put on surrounding the US with puppet states and placing nuclear war heads on our door step. They literally wanted us surrounded because mutually assured destruction is only workable if both parties are around to shoot their loads.
No need to come back your ideological POV was dismissed decades ago...
Believe what you will but having YOUR nitch protected by the government while your competitors did not is a very effective form of subsidy. I am glad you retired early. It should cut unnecessary government spending.
Well when the government holds life or death over your business, home, land and life what else do you think people are suppose to do? Government is the one that steps in to make things "fair" and never seems to work out. We still have plenty of people that fall for that nonsense obviously.
Economic Recovery Tax Act of 1981
Tax Equity and Fiscal Responsibility Act of 1982
Social Security Amendments of 1983
Deficit Reduction Act of 1984
Tax Reform Act of 1986
Omnibus Budget Reconciliation Act of 1987
Because the tax increase was taken to reduce the deficit and improve fairness, not to achieve a return to normal economic growth, we classify it as exogenous. Since concern over the deficit appears to have been the primary motivation, we classify it as a deficit-driven tax change.
In his speech on August 16, 1982, Reagan said the bill increased taxes by $99 billion over three years and cut spending by $280 billion over three years (Address to the Nation on Federal Tax and Budget Reconciliation Legislation, p. 2). So, this is a time when spending changes may have been quite substantial and correlated with the tax change. A crude annualization of Reagan’s number suggests a tax increase of $33 billion in 1983Q1. CBO (Baseline Budget Projections for Fiscal Years 1984-1988, 2/83, p. 28), the 1984 Budget (p. 4-4), and the Conference report on the bill all give very similar fiscal year revenue effects from the act. The Conference report shows total revenue increases from all of the provisions of $17.959 billion in fiscal 1983; $37.664 billion in fiscal 1984; and $42.698 billion in fiscal 1985 (97th Congress, 2d Session, House of Representatives Report 97-760, 8/17/82, p. 691). Part of these estimated revenue effects were due to increased compliance and enforcement, rather than genuine tax changes.
That was Milton Friedman... And it was a response to the unfettered economies of Singapore, Hong Kong... etc. You might like it because it is exploratory of what no regulation at all provides. Great products for the people with no safeties.
They are voting with their feet,” said Lenin mockingly to those who wanted him to continue the war, a revolutionary war this time. “They are simply leaving...” (From my link)
If I had the time and inclination to search the Pittsburgh newspapers, I could find such a statement there, made by Ronadl Reagan. He didn't care about the human suffering. He was too busy pursuing "trickel down' economics, and there was nothing to tricke down there at the time.
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