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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: rdkflorida2 who wrote (1359395)5/20/2022 6:55:53 PM
From: PKRBKR  Read Replies (1) | Respond to of 1572921
 
Supply side was to supposed to increase revenues

And it did. It still does. No more confiscatory tax brackets. Tax revenues are even more skewed to the "rich" than back then yet to the left it can never be enough.

I will agree that Reagan's flaw was signing off on too much spending but those deficits are meaningless in today's economy.



To: rdkflorida2 who wrote (1359395)5/21/2022 9:48:05 AM
From: Jamie153  Respond to of 1572921
 
Are you suggesting Reagan didn't promise to balance the budget in four years? We not on the same page here...and we need to get back.

Reagan called himself a fiscal conservative and as you say the debt tripled (almost - a few hundred million short) under his presidency.

I posted this link previously. But even in this article the man couldn't stop the delusions and lies. When people tell us Trump was different I don't see it. He was like Reagan. Tell people what they want to hear and it doesn't have to be true.

Reagan Abandons Pledge to Balance Budget by 1984


https://www.washingtonpost.com/archive/politics/1981/11/07/reagan-abandons-pledge-to-balance-budget-by-1984/3c9d8dfe-59d6-4862-93f8-9f883cb72795/