After 30 months: Reaganomics A+, Obamanomics F-

You do realize that if the "wealth gap" doesn't widen each and every year it means we have a stagnant economy and there is NO wealth increase for anybody?

Is that what you want to satisfy your envy of the rich?

 

But not back to the rates they were, they were still lower. And as President Clinton proved, raise tax rates and you cut revenue growth. And just as President Bush43 proved, cut tax rates and the economic growth and broader tax base brings in more revenue.

 

Are we really at a point where the good presidents are the ones with bubbles during their terms? I guarantee right now all the powers that be are begging for yet another bubble. I read a speech one time by Castro, a state of the union to Cuba. It was before all this crap had taken place, but the majority of it was about America and our fake economy that was based on nothing but fake money being made off fake money. At the time it seemed like just a jealous speech, trying to save face with a people he controlled. Now days, in hind sight, the dude is a (*)(*)(*)(*)ing oracle. Wake up America. WE have to produce something. I'm not saying let's be like Cuba. I'm saying there is no reason why we can't be the leader in all industry, financial, service, AND manufacturing. Quit letting non-industrious people stay in wealth because letting them fail would be disastrous. Some new blood in the rich camp is what this country has needed for decades. And I know there are tons of new millionaires, but that is after the old wealth became billionaires. Let these fools fail.

 

When Obama creates more than 4 million jobs, I'll give him C+

He still has about 2.5 million to make up for the 4.5 Million jobs lost since his first year and a half he was in office.

 

You have a basic problem. You think that O'Bama is doing a fine job. It is more than obvious that he is not doing a fine job. Unless that is considered doing a fine job in leftist loser world.

 

You do realize that we and most of Europe sold weapons to Japan before and after WWI. WWII followed in only 20 years and the particular governments here were democrat. Does arming Japan 25 years before WWII mean the democrats were responsible for that war?

 

He had deficits down <---- Deficits add up, and we are in a mess today.

I dont see debt reduction anywhere in Reagan or Bush.

I’m neither a Dumbocrat or RepubliKKKan, so your ' Democrat propaganda' is meaningless.

Based off the straight line between the Reagan and Bush years, is there a difference?

Because it did go down under his watch. He screwed up by signing Gramm–Leach–Bliley Act which repealed the part of the GS act.

Yes, the when the government put the Gramm–Leach–Bliley Act and the Net Capital Rule.

Again, you speak of deficits, WHERE IS THE DEBT REDUCTION?????

No where to be found on either side. Keep following the Dumbocrate and RepubliKKKans. They are one in the same.

 

Dang, that was harsh. Creative, but harsh. Why does 82's slap down of Obissmal get your back up so much? Obama is clueless as to what to do to create a pro business atmosphere. He simply can't get his mind off of what is in the pockets of the rich enough to get on with things. He thinks their pocket money will finance his dreams. Major gaps in his thinking. Plus, he sucks.

 

If you take a step back, are you able to comprehend how stupid this part of your post is ? Do you even bother tho take some time to think this through before you post ?

Off the top of my head, the last debt reduction was Eisenhower in '57. That's it. None since. No bogus Clinton surplus, although he got real close with the help of a Republican Congress.

No one expected Obama to reduce the debt. No one should have expected Reagan to lower the debt. What we do not approve of is Obama making it worse. There is no plan with that fool. No better tomorrow. He has the Fecal Touch. Everything he touches turns to crap.

Reagan got the country back on course. Unlike Obama, Reagan made things so unbelievably better. Youngsters and idiot libs cannot appreciate that Reagan's plan imposed hardship for a couple years, as he needed to tackle inflation. interest rates, and unemployement. He bit the political bullet, rode through the '82 midterms with a "stay the course" message, and then produced all the results he said he would.

All Obama continues to do is defecate all over everything. He's a MF'ing piece of crap President. Completely unfit for the office. Voted in by dumbasses and fools.

 

Just think if Ubama would have just stayed with the status quo and not increased the debt??? But no, he had to try and pass every piece of crap progressive legislation that he could. Everything that will cost American's more money, they don't have. Losing their jobs, losing their homes they now have higher gas prices, higher energy prices, higher financial prices, higher food prices...etc.

The worst president ever and an ego driven narcissistic sociopath to boot along with his "Let them eat cake" wifey.

 

It's not rocket science, people! All reason and logic has left the general population of this country, and is patently reflected in our government, from local to national.

The vast wealth of this country has been stolen, and it's people raped of their freedoms for 60 years, as our elected and unelected officials take ever more and more from all of us. Today, they don't even try to hide it in many cases. But soon the well will run dry and this country will will collapse into anarchy. Only the very rich will survive, segregated from the teeming poor masses, just as in other 2nd and 3rd world countries.

Reagan wasn't perfect, but he had it right when all around him were wrong.

 

You've been repeatedly trashed on this absurdly wrong claim. Why do you keep bringing it up? Do you think it has somehow magically become more right in the brief time since it was last proved totally wrong?

Someone should have told Reagan. He thought was going to cut taxes, build up the military, and balance the budget in three years. Not exactly how it went down.

Hardship worse than what we have now. That he did indeed impose.

No, he never balanced the budget, never mind the three years. In fact, he instead ran up larger and larger deficits despite passing one tax increase after another (six straight years of them) in a desperate attempt to close the gap he himself was creating. Federal spending increased by more than 8% per year under Reagan, and keep in mind that Republicans controlled the Senate over his first six years in office.

 

Almost no one would have been dumb enough to do that! Even the Republicans (a pretty darned dumb bunch if you ever saw one) wanted to throw another half trillion dollars worth of tax cuts at the rich and mega-corporations and call that a stimulus bill. LOL! But not doing anything that added to the debt? Figure unemployment soaring past 20%, perhaps half of all small buinesses closing, the Dow trading in the 2500-3000 range. And of course big increases in the debt as revenues simply collapsed. Yeah, that would have been a good plan.

 

Oh, for crying out loud! All you head-against-wall-bangers remember about Reagan was the kindly grandfather character he played on TV. He seemed like something out of a Norman Rockwell painting because THAT'S WHAT HE WAS!!! It was an act. A role. He was an actor, and he was passably good at that. As an actual President, he was downright awful.

 

Nailed it.

Like I've said before, Obama has a plan. The ruin of our country simply can't be a series of unfortunate accidents. Nobody on earth could (*)(*)(*)(*) up that many times in a row. What happens when the only economy left is what comes off the press? At that point would government be the only answer?

 

I'm so right you seem to have gone mad because of it

Last reduction in US debt: 1957.

 

Well yes, but ... we already know Obama gives himself an A+ on all that he does

 

I love all this praising of Reagan! You keep falling for that belief if you praise someone, something good is going to happen to you, well it is not. You are not the super rich, you are middle class if not lower income. Why would someone from the super rich be on this forum. They wouldn't.

You know what, Politicians don't really give a (*)(*)(*)(*) about you guys. They only care about their Wall Street Buddies. Its a proven fact.

Obama is a (*)(*)(*)(*)ing neo con. How you cannot see it is just sad. He is just accelerating the wealth from all the classes to the Super Rich just like Reagan did. What I don't understand, is how you not see that. By you only see what you want to see I guess.

 

As has been repeatedly documented for you, debt data cannot be used to determine a budget position. Two plus two does not equal five either. Yet you persist in making claims for such things.

 

Your thinking is about as screwed up as the spelling of your name. Obama is a true blue friggin socialist. The super rich do not need nor do they have anything to do with our presidents. The super rich make their money the old fashioned way--they earn it via the free market enterprise system. In fact, the super rich despise guys like obama since its his policies of rasing taxes and putting heavy regulations on businesses and corporations that hurt industry and economic progress. You must have heard that buinesses are sitting on some 3 1/2 trillion dollars just waiting for obama to get defeated so that they can free up and re-invest those monies into our economy and to resume hiring all those people that are on the obama unemployment lines of hell. So wake up pal, and start smelling the Conservative cup of coffee that is penetrating the very socialistic walls of depression that we've all been in these past 3 1/2 years.

 

Is that why they pour hundreds of millions into his campaigns?

 

The super-rich, perhaps not, but don't forget that about 1.4 million Americans are in the top 1% of income earners, and not too surprisingly, about twice that many are in the top 2% who would pay more taxes if the Bush tax cuts for the top two brackets went away. Those are pretty fair numbers of people, so it would hardly be surprising if some from among them were to happen this way. Particularly if they had an interst in and had worked in public policy or public affairs over the years.

Would you like to show some of this proof?

Kind of makes you wonder why all those tax cuts in ARRA were limited to those with incomes under $75K, doesn't it? And food stamps, COBRA and unemployment benefits...not so much of those goes into the pockets of the super-rich. Your theory may have a couple of holes in it. Maybe more than a couple.

 

I wasn't necessarily including the likes of commies such as warren buffet, george soros and the majority of the Hollywood elite in with those who actually create jobs and venture into capitalistic endeavors via the free market and competion in the work force.