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Please watch this video and then tell me what you think...

Geo avatar
GeoBeach Fanatic
1,552 views
For anyone who is a fan of Ronald Reagan or who supports tax cuts as an answer to our nation's current economic problems-

I respectfully request that you please watch this video.

It is not a pure opinion piece. It presents an argument based on economic data.

Please don't comment on the thread unless you have watched the video. The thread is about the content of the video.

Thanks.

[ame="http://www.msnbc.msn.com/id/21134540/vp/40501142#40501142"]http://www.msnbc.msn.com/id/21134540/vp/40501142#40501142[/ame]

Replies

38
Bob Wells avatar
Bob WellsBeach Fanatic
#27
So you are a welfare recipient.Now I know why you love Pelosi and Obama sooo much.Anyone that does not want to work and wants a handout is the reason this country is in a mess.I also believe anyone receiving any form of welfare or government assistance should be drug tested randomly and if failed,all benefits are revoked permanently.

Would that include Social Security recipients, Medicare recipients, and big business who recieve government assistance?
poppyBanned
#28
So you are a welfare recipient.Now I know why you love Pelosi and Obama sooo much.Anyone that does not want to work and wants a handout is the reason this country is in a mess.I also believe anyone receiving any form of welfare or government assistance should be drug tested randomly and if failed,all benefits are revoked permanently.


Including those with tax shelters and CEO's of corporations that pay no tax?
Rita avatar
Ritamargarita brocolia
#29
So you are a welfare recipient.Now I know why you love Pelosi and Obama sooo much.Anyone that does not want to work and wants a handout is the reason this country is in a mess.I also believe anyone receiving any form of welfare or government assistance should be drug tested randomly and if failed,all benefits are revoked permanently.
.
Best line up all the corporate welfare recipients for these tests too then...;-)


.
30ashopper avatar
30ashopperSoWal Insider
#30
Would that include Social Security recipients, Medicare recipients, and big business who recieve government assistance?

Some of the big banks and automakers are on government welfare, that's for sure.

GM looks to have finally stopped slacking off and found itself a job. I get the sense though that they're a chronic problem child, they'll be back in a decade for more help after they run their wells dry (again).
walk the walk avatar
walk the walkBeach Fanatic
#31
Would that include Social Security recipients, Medicare recipients, and big business who recieve government assistance?

People receiving social security worked and paid into the system and earned their benefits.I am against big business receiving government assistance with tax payer dollars.Capitalism allows you to be successful or fail,it should not be up to the government to choose which ones do either.

Edited

beachFoolBeach Fanatic
#32
But you were paying more in interest under Carter and the inflation rate was out of sight. Ya'll can bash Reagan all you like, the proof is in the pudding and his success is history, not speculation.

There you go again...making stuff up.

Prime Rate History

Rates were higher under Reagan than Carter.

Of course, I did not have to look it up.

As a neophyte small businessman I remember.

Now that I don't owe any money rates are low...:idontno:
LuciferSam avatar
LuciferSamBanned
#33
There you go again...making stuff up.

Prime Rate History

Rates were higher under Reagan than Carter.

Of course, I did not have to look it up.

As a neophyte small businessman I remember.

Now that I don't owe any money rates are low...:idontno:

You're wasting your time. Once a Gipper fetish takes hold, there's no turning back.
idlewindBeach Fanatic
#34
There you go again...making stuff up.

Prime Rate History

Rates were higher under Reagan than Carter.

Of course, I did not have to look it up.

As a neophyte small businessman I remember.

Now that I don't owe any money rates are low...:idontno:


There you go again- misinterpreting the data.

Rate when Carter took office: 6.25%
Rate when Carter left office/Reagan took office: 15.25%
percentage increase under Carter: 144%

Rate when Reagan took office: 15.25%
Rate when Reagan left office: 10.50%
Percentage decrease under Reagan: 31%

I lived it as well and I remember the pain of the Carter years and how things improved under Reagan.

Source: http://research.stlouisfed.org/fred2/data/PRIME.txt
AndrewG avatar
AndrewGBeach Fanatic
#35
If what Reagan did stoked our economy, created jobs and inspired Americans then I say we do it again now. We're in a major hole here and I would like prosperity over austerity.
idlewindBeach Fanatic
#36
If what Reagan did stoked our economy, created jobs and inspired Americans then I say we do it again now. We're in a major hole here and I would like prosperity over austerity.


The mistake made during the Reagan years was that spending was not cut, which produced deficits. The cold war was the reason for alot of the spending, so the results may have been worth the cost. This time we need to remedy the weakness in strategy and cut spending as well.
Lake View Too avatar
Lake View TooSoWal Insider
#37
The mistake made during the Reagan years was that spending was not cut, which produced deficits. The cold war was the reason for alot of the spending, so the results may have been worth the cost. This time we need to remedy the weakness in strategy and cut spending as well.

So... the Cold War has been over for several decades. I guess you would have thought defense spending would have gone down. Ha, ha ,ha. "The mistake made in the Bush years was that spending was not cut." Is there an echo in here?
idlewindBeach Fanatic
#38
So... the Cold War has been over for several decades. I guess you would have thought defense spending would have gone down. Ha, ha ,ha. "The mistake made in the Bush years was that spending was not cut." Is there an echo in here?


Republicans have the cutting taxes down but need to work on cutting spending........1/2 right.
Democrats do not have either down.........zero right.

Call me when Democrats gt something right:lol::lol::lol:
Matt J avatar
Matt JSWGB
#39
Ronald (6 letters) Wilson (6 letters) Reagan (6 letters)
666

Reagan was the anti-christ plain and simple.

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