Is Reagan-worship a false religion?

[Guns Guns Guns]

Poor Blabo.


He didn't even know what a creditor/debtor nation was until I schooled him.


Now he thinks Reagan's ruinous economic policies didn't tip the scales the wrong way for America, but has no idea of how to prove it, so he doesn't even try.


Whenever I pwn and spank him, he cries like a pussy and says he's gonna put me on ignore.


He'll be back for more pwnge.

 

[Rune]

Nice try Bravo. Maybe pick an easier topic next time?

 

[NOVA]

Internet scabs just don't rewrite history.....facts are facts.....

Reagan's policies are widely recognized as bringing about the second longest peacetime economic expansion in U.S. history, surpassed in duration only by the 1990s expansion that began under George H. W. Bush in 1991.

During the Reagan administration, the American economy went from a GDP growth of -0.3% in 1980 to 4.1% in 1988 (in constant 2005 dollars), which reduced the unemployment rate by 1.6%, from 7.1% in 1980 to 5.5% in 1988, but with peaks of around 9.5% in 1982 and 1983.

A net job increase of about 21 million also occurred through mid-1990. Reagan’s administration is the only one not to have raised the minimum wage.

The inflation rate, 13.5% in 1980, fell to 4.1% in 1988, which was achieved by applying high interest rates by the Federal Reserve (peaked at 20% in June 1981).

 

[Guns Guns Guns]

Internet scabs just don't rewrite history.....facts are facts.....

Poor Blabo. Keep moving the goal posts. Your dancing is amusing.

​

I have a question for you. If we can't blame Reagan for making the US a debtor nation, why should he get the credit for bringing inflation down?