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That is a lot of people to talk about in one thread so what do you say we narrow it down to your favorite. Ronald Regan's policies led to the largest increase in the national debt that this country had ever seen (followed by H. W. who consolidated equal amounts of destruction into one term). Please check this page and tell me if you think the numbers matter.
Last edited by username; 10-20-2009 at 07:14 PM.
If you think that post was lacking in substance, I will give you one that will blow your panty waisted skirt up. Jimmy Carter increased the top income tax rate to 70%. Highest in my lifetime. The mortgage interest rates was 17%, unemployment was sky high, gas rationing, jobs were extremely hard to find, banks would not loan you money for a house unless you had 20% down. The Carter period was called the malaise years for a reason; people felt down in the dumps with an idiot for a President. I predict the same is going to happen with the Magic Negro. Put the crack pipe down or the pitcher of kool-aid and try to absorb what I have just stated.
Regan's policies also brought the Soviet Union to its knees bringing freedom to countless MILLIONS of people. Those same policies doubled government revenues and brought an age of prosperity unimagined by the left who were preaching that we had peaked and it was all down hill for us.![]()
Agreed, the tax rates were ridiculous. Obviously they did not help the situation. However, you would have to be trapped in a bubble to miss the extenuating circumstances of the time. Judging by your raciest comment, I'm betting your bubble is of the opaque and impenetrable breed. What the hell, I'll take my shot anyway. Carter had to contend with stagflation which was only one problem caused by; OPEC, Iranian revolution, Vietnam, The Soviet invasion of Afghanistan, etc. etc. etc. I don't think it's fair to blame the Carter administration for what was in fact a global crisis. His his overzealous tax policy seems reprehensible but, in retrospect, the U.S. economy did surprisingly well, all things considered. As for your crack pipe and kool-aid - Thanks, but no thanks.
Last edited by username; 10-20-2009 at 11:21 PM.
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