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Politics : President Barack Obama
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To: tejek who wrote (139320)10/23/2013 2:55:06 PM
From: mel221  Read Replies (1) of 149317
 
Just a liberal myth. Show me that data that compares Reagan's policies with Bernanke's QE (n) programs that prints money and directly transfers that wealth to the 1%. I think QE is up to $2 trillion so far.

Reagan did lower tax rates and allowed people to keep more of what they earned. Sorry, but that's not income redistribution. Both Clinton and Obama have adopted those lower tax rates as tax rates have never returned to the Pre-Reagan levels.

Even Obama isn't asking for a return to Jimmy Carter tax rates where the top bracket was 70%.
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