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#1701 |
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Another GN moderator
Join Date: Jan 2011
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Reagonomics is "trickle-down economics".
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You only buy a truck that big if your got something big to move or your dick is microscopic. - FordGT90Concept The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of the Conservatives is to prevent the mistakes from being corrected. - G.K. Chesterton |
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#1702 |
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Senior Member
Join Date: May 2009
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The four "pillars" of Reaganomics:
1. Reduced spending. 2. Reduced taxes. 3. Reduced government regulations. 4. Tighter money supply to help stamp out inflation. Obama increased spending annually with Obamacare. Obama increased taxes with Obamacare. Obama increased government regulations (FCC and EPA doing whatever the fuck they want as well as the largest regulations ever on private industry with Obamacare and Frank-Dodd). Money supply has never been looser; they've literally ran out of options except to print money. Obama is the anti-Reagan. That's why Reagan was talked about so much in the GOP primaries in both 2008 and 2012. Last edited by FordGT90Concept; 12-06-2012 at 10:55 PM. |
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#1703 | |
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Senior Member
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Quote:
High government spending is the hallmark of a developed nation. Maintaining everything from high quality roads to safety regulations costs money. To pay for those services (which work pretty well under government due to the economics of volume) you need to have taxes. Taxes also serve as a means to regulate the economy. Government regulations (clean drinking water, safe food, various environmental factors, etc etc) are only bad for businesses that cause harm. Because regulations are for the most part a blanket over an entire industry it makes for a level playing field. Of course this becomes a more complex issue when you open things up to international trade. Are you really going to want to race down to sweat shop conditions to be competitive though? You should really consider signing up for an economics program of some sort at a university. I'd love to hear the discussions you'd have with your professors. |
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#1704 | ||
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Senior Member
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id just like to point out that Reagan was a red baitin ,war monger and under his presidency.. defense spending was at an all time high
so i dont buy that line about reduces spending and reduced taxes.. i call BS
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Real Pimpin going on Quote:
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#1705 | |
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Senior Member
Join Date: May 2009
Location: IA, USA
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Quote:
Historians believe that may have played a major role in ending the recession. Defense spending creates a lot of high tech jobs and exports (e.g. F-117 Nighthawk, HWMMV, Apaches, etc. were all funded/researched/constructed during Reagan years) all over the country. Last edited by FordGT90Concept; 12-07-2012 at 03:34 AM. |
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#1706 |
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Senior Member
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Increased the deficit as well with his military spending
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Matt Taibbi Quotes
Morality is so trite You know what, Mike Bloomberg? F*CK YOU ...In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy. |
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#1707 |
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Senior Member
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Yup, which George H. W. Bush corrected in 1990 with raising taxes.
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#1708 |
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Senior Member
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Obama is a right-wing wacko.
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| The Following User Says Thank You to DannibusX For This Useful Post: | FordGT90Concept (12-07-2012) |
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#1709 |
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Senior Member
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Ah, a trip in the ol' time machine. A time where pissed off ex cops weren't trolling the LAPD into shooting at women driving the same truck as him. A time before the school shooting in Connecticut. A magical time before all of the anti gun rhetoric. A blissful and peaceful time where there was no budget and the cliff was still approaching.
I'll forever remember this thread as the last of the good times. |
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| The Following 3 Users Say Thank You to DannibusX For This Useful Post: |
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#1710 |
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Another GN moderator
Join Date: Jan 2011
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I hope that the Rebublicans do not come up with someone like Romney or Santorum; and that the Dems do not come with someone who thinks he can fix everything with throwing around money, the next time that there are Federal Elections.
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You only buy a truck that big if your got something big to move or your dick is microscopic. - FordGT90Concept The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of the Conservatives is to prevent the mistakes from being corrected. - G.K. Chesterton |
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#1711 |
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Senior Member
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I just hope we don't get another idiot Texas governor running for president, Bush was enough. The next guy probably will want to cut a few federal departments and won't even be able to remember them all. Wouldn't that be embarrassing?
__________________
Matt Taibbi Quotes
Morality is so trite You know what, Mike Bloomberg? F*CK YOU ...In a society governed passively by free markets and free elections, organized greed always defeats disorganized democracy. |
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