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Old 02-07-2010, 09:13 PM   #21
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Default Re: Happy 99th Reagan

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Originally Posted by GBMelBlount View Post
Thank you for proving my point.

Does that make you feel better about voting for Obama?
this thread isn't about obama...try to stay on topic...
would you care to point out any untruths in the articles ? did you have a problem with any of these during those "great " reagan years ?...

6. First to increase spending by 80% in only 8 years.
7. First to spend more in eight years than was spent in prior 50 years.
10. First to "almost": triple the national debt.
13. First to turn America into a debtor nation.

isn't this the same stuff you guys are bitching about now ?
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Old 02-07-2010, 09:19 PM   #22
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Default Re: Happy 99th Reagan

Reagan had a deficit before Obama so it's all good.

I get it.

Go Obama!
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Old 02-07-2010, 09:59 PM   #23
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Default Re: Happy 99th Reagan

Quote:
Originally Posted by MasterOfPuppets View Post
this thread isn't about obama...try to stay on topic...
would you care to point out any untruths in the articles ? did you have a problem with any of these during those "great " reagan years ?...

6. First to increase spending by 80% in only 8 years.
7. First to spend more in eight years than was spent in prior 50 years.
10. First to "almost": triple the national debt.
13. First to turn America into a debtor nation.

isn't this the same stuff you guys are bitching about now ?
It's all spin. I'm not the guy to do it, but there's plenty of people that can offer a spin to the contrary that's just as good or better than yours.

Reagan did a lot of good and some not so good. All in all I think the country came out of Reagans' Presidency in pretty good shape. .
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Old 02-07-2010, 10:33 PM   #24
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Default Re: Happy 99th Reagan

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It's all spin. I'm not the guy to do it, but there's plenty of people that can offer a spin to the contrary that's just as good or better than yours.
Good point zulater.

Let's cut and past bullet points.

* Interest rates, inflation, and unemployment fell faster under Reagan than they did immediately before or after his presidency.
* The only economic variable that was worse in the Reagan period than in both the pre- and post-Reagan years was the savings rate, which fell rapidly in the 1980s.


In the last year of the Carter Administration (1980) the US inflation rate climbed to a peak of 14.8%, the top individual tax payer rate was 78%, unemployment was 7.4%, federal outlay was 17% higher than the economy's growth rate, and the federal government grew while enacting loads of new spending programs. During this period, the US economy was the worst it had been since the Great Depression of the 1930s.

Perhaps he lowered taxes to get us out of the worst recession since the depression?

At least our debt was sustainable at that point...

Sure looks like he did OK to me, especially with what he "inherited".
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Old 02-07-2010, 10:39 PM   #25
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Default Re: Happy 99th Reagan

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Originally Posted by GBMelBlount View Post
Reagan had a deficit before Obama so it's all good.

I get it.

Go Obama!
i'd dodge that question too if i knew that answering it would make me look like a hypocrite...
actually its more like ...
reagan puts country in huge debt = national hero
obama put country in huge debt = destroyer of country.
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Old 02-07-2010, 10:45 PM   #26
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Default Re: Happy 99th Reagan

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Originally Posted by MasterOfPuppets View Post
i'd dodge that question too if i knew that answering it would make me look like a hypocrite...
actually its more like ...
reagan puts country in huge debt = national hero
obama put country in huge debt = destroyer of country.
No, it's more like Reagan got us out of the worst recession since the depression. A large part of the spending increase was arguably necessary due to the cold war, which we won....

Now when the economy is bad, Obama does the exact opposite, he RAISES both taxes and the deficit in an unprecedented fashion to the point where it is now generational and unsustainable AND the unemployment is at 10% which he promised us his back breaking tax and spend liberal platform would work, it's not looking good so far friend...

What Reagan inherited was WORSE than what Obama inherited and Reagans tax cuts worked.....Big difference....
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Old 02-07-2010, 11:17 PM   #27
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Default Re: Happy 99th Reagan

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Originally Posted by zulater View Post

Reagan did a lot of good and some not so good. .
i agree 100%. and while not as perfect as his fans make him out to be, he deserves his accolades.

the aids and crack epidemics wouldnt have been the same w/o him.

and while we're all bowing at the regan altar let us not forget we made some pretty good friends in iraq and afghanistan during his tenure.

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He would have liked meeting President Reagan. He thought he was a great leader. Honorable man.
-sadaam hussein on pres. reagan
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Old 02-07-2010, 11:23 PM   #28
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Default Re: Happy 99th Reagan

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Originally Posted by tony hipchest View Post
i agree 100%. and while not as perfect as his fans make him out to be, he deserves his accolades.

the aids and crack epidemics wouldnt have been the same w/o him.

and while we're all bowing at the regan altar let us not forget we made some pretty good friends in iraq and afghanistan during his tenure.



-sadaam hussein on pres. reagan
I understand all that Tony. But it's like anything, it all depends on what side you approach it from as to what your perspective is going to be.

I could sit here for hours and dig up "facts" or what I take to be facts to support Reagan, and you can do the same against him. But in the end we're both going to retire at the end of the night with the same opinion of him that we started with, so why go through all the bother?
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Old 02-08-2010, 12:22 AM   #29
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Default Re: Happy 99th Reagan

like the post i agreed with....

he did alot of good and some not so good. the point being that the man wasnt as flawless as some make him out to be.

however, aids and cocaine has taken many of lives. some might see that as the "purification and cleansing" of our nation.
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Old 02-08-2010, 12:26 AM   #30
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Default Re: Happy 99th Reagan

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Originally Posted by GBMelBlount View Post
No, it's more like Reagan got us out of the worst recession since the depression. A large part of the spending increase was arguably necessary due to the cold war, which we won....

Now when the economy is bad, Obama does the exact opposite, he RAISES both taxes and the deficit in an unprecedented fashion to the point where it is now generational and unsustainable AND the unemployment is at 10% which he promised us his back breaking tax and spend liberal platform would work, it's not looking good so far friend...

What Reagan inherited was WORSE than what Obama inherited and Reagans tax cuts worked.....Big difference....
is that a fact ?
Quote:
Myth: Carter ruined the economy; Reagan saved it.

Fact: The Federal Reserve Board was responsible for the events of the late 70s and 80s.



Summary

Carter cannot be blamed for the double-digit inflation that peaked on his watch, because inflation started growing in 1965 and snowballed for the next 15 years. To battle inflation, Carter appointed Paul Volcker as Chairman of the Federal Reserve Board, who defeated it by putting the nation through an intentional recession. Once the threat of inflation abated in late 1982, Volcker cut interest rates and flooded the economy with money, fueling an expansion that lasted seven years. Neither Carter nor Reagan had much to do with the economic events that occurred during their terms.
Quote:
As for the claim that Reagan's 1981 tax cuts were responsible for "the greatest peacetime expansion in U.S. history," a few grains of salt are in order here. The timeline better fits the liberal explanation than the conservative one. Volcker expanded the money supply in late 1982, and a few months later the economy took off. However, Reagan's tax cuts were passed in 1981, and were already in effect by 1982 -- but, as we have seen, 1982 was the year of the horrific recession.

Tax cuts were supposed to have spurred economic recovery by liberating the tax dollars of entrepreneurs and allowing them to invest them in greater productivity and jobs. However, such greater investment never occurred. It appears that the rich simply pocketed the savings, because investment fell during the 80s:
read the rest of it ...its even got those little charts and what not.
http://www.huppi.com/kangaroo/L-carterreagan.htm
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