FAUX Noise: Trumpy The Next ReRon!!!

Mr. Shaman

Mr. Shaman

Seer
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October 5, 2016 - "Donald Trump is the blue-collar billionaire, a rare combination of someone who understands both the plight of American labor
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and the conditions necessary to build a successful business. Like Reagan, who supported fair free trade but also believed in protecting American industry from predatory manipulators abroad, Donald Trump recognizes the failure of government overreach and one-sided free trade agreements that have hollowed out jobs in the heartland. In addition, he recognizes the need to provide the right incentives for job creators, starting with fixing the arcane U.S. tax code he understands better than anyone. Reagan sponsored one of the biggest tax cuts ever in 1981 and greatest simplifications of the tax code in 1986. He put a temporary pause on new regulations during his presidency, something we desperately need after President Obama has added another 229 major new regulations costing $108 billion annually, according to the Heritage Foundation. Donald Trump’s economic plan follows the same template as President Reagan’s, and he will be a Swiss Army knife for all stakeholders in the American economy."

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I'm sure this must give all o' those History-challenged Teabaggers a warm/fuzzy feeling.....except, for the facts......​


March 19, 2002 - "Here's the truth: the total federal tax burden increased during the Reagan years, and most Americans paid more in taxes after Reagan than before. The "Reagan Recovery" was unremarkable. It looks great only contrasted against the dismal Reagan Recession -- but it had nothing to do with Supply Side voodoo.

With a red ink explosion -- $300 BILLION deficits looming as far as the eye could see -- GOP Senators, notably including Bob Dole, led the way on tax hikes. The economy enjoyed its recovery only after total tax increases larger than the total tax cuts were implemented."

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June 9, 2004 - " Reagan promoted an economic theory known as "supply-side economics" - which George Bush senior famously derided as "voodoo economics" when running against Reagan for the Republican presidential nomination in 1980.

The theory held that tax cuts for the rich would lead them to save and invest money, leading to increased productivity and lower unemployment.

"None of this happened," Mr Weisbrot said. "If you look at the 1980s, it was the worst decade of post-World War II growth.

"The median wage was flat, and there was a massive redistribution of income, with wealth going to the top one or two percent of the population," he said."

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February 6, 2011 - "I remember Nancy, a skull and crossbones prancing around in designer dresses, some of the "gifts" that flowed to the Reagans — from hats to million-dollar homes — from cronies well compensated with government loot. It used to be called bribery.

And all the while, Grandpa grinned, the grandfather who bleated on about "family values" but didn't bother to see his own grandchildren.

The New York Times, in its canned obit, wrote that Reagan projected, "faith in small town America" and "old-time values."

"Values" my ass. It was union-busting and a declaration of war on the poor and anyone who couldn't buy designer dresses. It was the New Meanness, bringing starvation back to America so that every millionaire could get another million.

"Small town" values? From the movie star of the Pacific Palisades, the Malibu mogul? I want to throw up."

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"In America he implemented a class war which saw widening of inequality, tax cuts for the rich and the average hourly earnings for most workers falling. The share of national income going to capital rose. The benefits of economic growth accrued to the elite with most of the country's income gains going to the top 1 or 2 percent of households. His policies reversed the trend toward greater distribution of wealth and have led to the greatest concentration of wealth since the days of "robber baron" capitalism of the 1890s. Average household income was only maintained because more women went out to work (so helping to destroy the "family values" Reagan said he supported). Unemployment soared. Benefit levels for the poor, already low, were frozen and Reagan imposed enormous cuts to social welfare programs and the Veterans Administration, moves that led to such an enormous rise in the homeless population. He also enriched agri-business at the expense of small farmers, continuing the decline of the family farm. He attacked organised labour, with the firing of the air traffic controllers showing that union busting was back. Not to mention his terrible environmental record, of course."

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Mr. Shaman said:
FAUX Noise: Trumpy The Next ReRon!!!
I'm sure this must give all o' those History-challenged Teabaggers a warm/fuzzy feeling.....except, for the facts......
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How hard would it be to be another Ronald Reagan and along with the DEMOCRAT Speaker Of The House Tip O'Neal damn near triple the national debt? All The Donald would need is a Democrat House Speaker to drink with and deal social program spending for the Speaker in exchange for expanded spending for the military for The Donald. Hell any old asshole combo like that could do that, huh commie? The voting morons would never even notice!
 
Boris The Animal said:
If we had not started the failed "war on Poverty" we would not be in debt in the fist place.
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Except for the Reagan/Tip O'Neal deals that damned near tripled the national debt and then there the G.W. Bush/Hillary Clinton middle eastern un-paid-for unconstitutional wars.
 
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