Floridatexan wrote:
Feces? Isn't that what you spread here on a daily basis, hoping to grow some support for your dying ideology? You are a tool. You've seen countless charts that show clearly (but apparently not clearly enough for your demented brain) that our national debt has risen exponentially under GOP administrations...specifically Reagan, Bush and Bush. You've seen that Reagan's economic policies began the downward slide for the vast majority of our citizens and that both Bushes, but particularly the last one, almost destroyed what was left of our way of life. Yet, you sit there day after day defending those policies and others which are in direct conflict with the spirit of a democratic republic. Claiming the moral high ground, Markle? Do some self-reflection. You are the problem...not the solution.
And how has your solution worked out over the past seven years?
Once again...for the S-L-0-W learning Progressives we're all so fond of....
President Ronald Reagan's fiscal policies lead more than TWENTY FIVE YEARS of economic prosperity and low unemployment?
Progressives should remember that the inflation rate was 13.5% when President Reagan took office. As Progressives SHOULD KNOW, that rate hurts low and middle income earners the most. It was 4.14% the year he left office. Thirty year mortgage rates were 16.6% [They reached over 18%] when Reagan took office (Progressives calculate your mortgage balance at THAT rate), how many homes can be sold at 18% interest. It was 10.32% when he left, sky high by today’s standards but a drastic improvement. The Top Tax Rate was 70% when he took office and 28% when he left.
REVENUES, as a result of those cuts nearly DOUBLED in that decade. The National Debt increased, due to Democrat spending, from $900 BILLION to $2.6 TRILLION over EIGHT YEARS. That is a far smaller increase over EIGHT YEARS than President Barack Hussein Obama has done to us in 2 ½ years, PLUS a projected DEFICIT for 2012 of $1.3 TRILLION!
Unemployment was rapidly increasing when Reagan took office and reached an annual average of 9.7% (10.8% November/December of 1982) his second year before the tax cuts went into effect. After the tax rate cuts, unemployment dropped steadily to 5.3% his last year in office.
Why would Progressives…”mislead”… about these FACTS? Think we had forgotten?
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