GLENJ wrote:Kramer, Why do you keep bashing Reagan? He led us out of period of extreme inflation ,extreme mortgage rates [18+ %] extreme unemployment rates,[12+%] . He got the hell off the backs of big corps and small business a gave them tax reductions....... In turn ,business put people back to work creating real jobs creating real goods and service.Creating a LARGE tax base. He made our country safer than it had been since the nuclear threat of the sixties.
Please dont include Ronnie with his VP. We all know the history of the Bush, Clinton ,Bush , Era. TAX AND SPEND. If you don't have a good paying job,,,,Move to Washington, Kiss Obamas butt, and your in. HAHAHA.
Reagan deregulated big corps, and unions were intentionally broken and marginalized; “free trade” policies shipped manufacturing jobs abroad; old neighborhoods were decaying Companies walk all over their employees today, especially in corporate america.
Reagan created an experiment known as "supply side" economics, which held falsely that cutting rates for the rich would increase revenues and eliminate the federal deficit. Over the years, "supply side" would evolve into a secular religion for many on the Right, but Reagan's budget director David Stockman once blurted out the truth, that it would lead to red ink "as far as the eye could see."
Reagan held a hostile attitude regarding the environment, including removing the solar panels from the white house roof, mocking the 'conservation' that Carter worked desperately on in resolving the energy crisis that the Ford/Nixon destructors had left him with.
Reagan "beefed up" arms races, toppled countries, authorized several military actions (especially in south america) and made the military industrial complex rich beyond their dreams with continous conflicts, the Iran-contra TREASON, star-wars, futuristic helicopters that couldn't even be built with current technologies, etc..
While he played the role of the nation’s kindly grandfather, his operatives divided the American people, using “wedge issues” to deepen grievances especially of white men who were encouraged to see themselves as victims of “reverse discrimination” and “political correctness.”
Before Reagan, corporate CEOs earned less than 50 times the salary of an average worker. By the end of the Reagan-Bush-I administrations in 1993, the average CEO salary was more than 100 times that of a typical worker. (At the end of the Bush-II administration, that CEO-salary figure was more than 250 times that of an average worker.)
The only good thing I can credit the guy with was when the USSR internally collapsed, he didn't invade and try to claim it as his own.
But let's face the truth, Reagan's policies of deregulation, unfettered capitalism, tyranny, cronyism, and greed have led us to this pile of cow pudding we call an economy today.
Nothing I've typed here will make a difference though, as I've noticed that truth gets ignored when it's inconvenient to the right wing. I could present references and waste my time all day doing it, but we both know you won't change your opinion, and I can't change history.