

It even won backing from U.S. President Barack Obama












Source: The New York Times

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RE: This isn't rocket science
By OoklaTheMok on 4/23/2013 9:19:27 AM , Rating: 2
I don't quite think you understand the statements you have made. Reagan is the president who really started large scale deficit spending. He also raised taxes. So I find it odd that you reference a past President who did the opposite of what you would prescribe.

RE: This isn't rocket science
By TacticalTrading on 4/23/2013 4:38:47 PM , Rating: 3
One of his campaign slogans was something to the effect: The nine scariest words you will ever hear, 'I'm from the government, and I'm here to help.'

"He also raised taxes" Do you seriously believe that? Reagan cut marginal rates from 70% to 35%. In fact, that was one of his main objectives and reasons for becoming president. Yes, later in his years, rates did rise from his initially very low levels, but to this day remains significantly below the rates of the stagnate 70's.

In addition: Despite the huge tax cuts he initially enacted, Federal revenue expanded rapidly while he was in office. Why, because the economy expanded rapidly.

Most of what the government does today is take something from one group of people, then politicians and their friends take a cut, and then give the rest to a group of people they want to vote for them.

The economic efficiency theory of Govt: (101) If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.

The Economic problem today is the Federal Government. And until the Federal Government gets out of the way, the US Economy isn't going to grow very fast.
But that doesn't bother the current administration. In fact, they want things to suck. They want you miserable, so you will vote for them to "fix" it. Of course, the "fix" is really a new plan to concentrate more power in Washington.

If you are young, when your health care premiums double next year; remember, it is what you voted for. And you will have less of your money to spend and the economy will suffer. Why, because today, Government IS the problem.

RE: This isn't rocket science
By shaidorsai on 4/27/2013 8:29:15 AM , Rating: 2
Good luck trying to overcome Liberal brainwashing and lies with facts. Liberals don't care about history or facts...

