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View Full Version : Those Pesky Facts The Right Lies About OP-ED



Gayle in MD
07-21-2011, 03:18 PM
http://www.nytimes.com/roomfordebate/201...icit-dreamscape (http://www.nytimes.com/roomfordebate/2011/07/20/presidents-and-their-debts-fdr-to-bush/reagans-deficit-dreamscape)

llotter
07-22-2011, 10:57 AM
Richard Reeves is an idiot...and always has been.

Gayle in MD
07-23-2011, 08:11 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: llotter</div><div class="ubbcode-body">Richard Reeves is an idiot...and always has been. </div></div>


<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">When President Reagan, who loved to brag that he was an economics major in college, picked up Arthur Laffer’s “supply side” napkin -- a sort of fortune cookie that said the lower marginal tax rates are, the higher government revenues will be -- both Reaganomics and our current econochaos were born. Instinctively, Reagan, one damned good politician, realized that there was something on the table that looked very much like a free lunch.

Once upon a time it had been called “trickle down economics” -- if the rich got richer, everyone else would play in the crumbs under the table. That was really no different from John F. Kennedy’s idea that a rising tide lifts all boats. Usually hopeful words and rosy budget scenarios satisfy the public, at least until after the election.

This time not so much. The rich folk of this generation have relearned Gilded Age lessons about how Washington and tax codes work and gamed the system to split the gap between rich and poor like the Red Sea.

After four months in office, Reagan told the Congress: "High taxes and excess spending created our present economic mess. More of the same will not cure the hardship, anxiety and discouragement it has imposed on the American people." So, a man who made his political reputation by attacking “spend and tax” Democrats invented “spend and borrow” Republicanism.

Unfortunately, Reaganomics did not work. When Reagan became president -- and began to cut taxes -- the federal deficit was 2.5 percent of the national economy. When he left, eight years later, the deficit was 5 percent of the economy. Interest payments on the debt jumped to $169 billion in 1988 from $69 billion in 1981. At the time, those were astonishing numbers, and they have exploded since.

That’s where we are now. The leaders of Reagan’s party -- he would be a left-wing Republican now -- seem to truly believe that they, and they alone, know the secret other politicians have sought: reduce the deficit, balance the budget and save the Republic.

That’s quite a reversal from only a few years ago when Vice President Richard Cheney said that, politically, Reagan had proved that deficits don’t matter. After all, Reagan ran up more debt than any of his predecessors and easily won re-election. This time they matter mightily, at least until 2012. Politically.

After the next election, who knows? In the middle of Reagan’s 1984 campaign against Vice President Walter Mondale, James Baker, his chief of staff, passed him a memo saying:

“Taxes are a big picture issue. If we want to win -- and win big -- the exigencies of the election force us to solemnly swear that Mondale is the tax increase candidate and Ronald Reagan is the no-tax-increase candidate.” Then he ended the note by saying after the election, Reagan could do whatever he wanted to do about abstractions like the deficit.

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Oh really? I think your slander of Mr. Reeves, is the sort of Knee Jerk Reaction to facts which Repiglicans always resort to, when their own inept policies, particularly their failed economic philosophies, are highlighted by more knowledgable people.

Critical judgements, coming from a guy like you, who praises and honors cowardly domestic terrorist, murderers, and doesn't honor America's laws, or our Constitution, doesn't give you any credibility, at all....not to mention, that you voted twice for Bush the Chimp, who led the most dishonest, corrupt, and damaging administration in our history.

Hence, your views, don't mean anything to me.


Given your frequent slanderous references to President Obama, a former Head of the Harvard Law Review, as a moron, is proof of your gross and stunning ignorance.

Since the op-ed Reeves wrote is accurate, reasonable and factual, It's no surprise to me that it is not only above your head, but far above your misguided values, as well.


G.

Gayle in MD
07-26-2011, 10:51 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">A man who made his political reputation by attacking “spend and tax” Democrats invented “spend and borrow” Republicanism. </div></div>

Who was Ronald Reagan?

LWW
07-27-2011, 03:29 AM
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gayle in MD</div><div class="ubbcode-body"> <div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">A man who made his political reputation by attacking “spend and tax” Democrats invented “spend and borrow” Republicanism. </div></div>

Who was Ronald Reagan? </div></div>

Copying my lines again?