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Politics : President Barack Obama

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To: mel221 who wrote (139332)10/23/2013 7:04:55 PM
From: tejek  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.

Uh.....why do you think we are running a deficit and can't pay our bills? Up until Reagan, the country was slowly reducing the deficit that had been accumulated during WW II and Vietnam and the Korean wars. As soon as Reagan took over and allowed his good buds to pay a lower tax rate, the deficit began climbing.

The rich and corps don't believe they have to pay for living in one of the wealthiest, most stable nation of the world. At least that's what Rs have convinced them believe.

But the worm is turning................
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