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Politics : Foreign Affairs Discussion Group

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To: michael97123 who wrote (218215)2/13/2007 4:22:12 PM
From: jttmab  Read Replies (3) of 281500
 
You dont have a clue regarding economics, do you? No matter what the empirical evidence particularly regarding the positive effects of tax cuts, you continue your anti-reagan rant like all the unreconstructed socialist do-gooders among us. Reagan wasnt perfect but man you must have missed the 80s altogether or had a fling with Jimmy Carter perhaps.

I suppose people are arguing different points and I won't speak for them. My argument is that Reaganomics never happened. It's a wet dream. Taxes were raised for 6 consecutive years. Federal spending went up. Just because Reagan claimed he was going to shut down the Dept of Education doesn't mean he really did.

You can "blame" Congress for spending [they authorize, they don't spend]. You can blame Congress for the tax increases but at the end of the day, Reagan signed off every tax increase and every appropriations bill and Reaganomics never happened. It didn't fail, it didn't succeed, it just never happened.

If I were you I wouldn't even think about "blaming" Congress for the tax increases and federal budget spending. Those are the only two things about the Federal government that effect the economy. If you give those two items to Congress, what does that leave Reagan with? Speeches.

jttmab
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