How Reagonomics and Supply Side Economics Screwed The Middle Class and the Poor

[mikekohr]

?

Tax give-aways to the rich, deregulation, union busting, Republican policies promised increased jobs, increased revenues and increased prosperity. The record: $9.2 trillion in debt, the greatest income disparity in history, 4 recessions, and a decade of zero job growth.


The 99% are not mad that the 1% prospered. We are mad that many of them cheated to gain their obscene wealth by corrupting the system with their hoards of cash to influence the political process to favor themselves over everyone else.


This income disparity is the end result of Supply Side economics. And we, the 99%, are all the poorer for it. Allowed to continue, we will be the first generation in American history to leave a lower standard of living to our children and grandchildren.



http://bureaucountydems.blogspot.com/2011/11/since-advent-of-reagonomics-and-supply.html

[ProSense]

1. Excellent chart. n/t

[Name removed]

2. Deleted message

Message removed by moderator. Click here to review the message board rules.

[YvonneCa]

3. Hope for Change...

...? This article give hope that the Reagan era is ending:

http://consortiumnews.com/2011/11/02/end-of-the-reagan-narrative/

[mikekohr]

4. Great article, thanks. nt

[YvonneCa]

5. You are very...

...welcome. :)

[Major Hogwash]

6. Post of the day!!! Reagan acted his way through 2 terms as President, and we paid for it!!

For the last 30 years!!!

Talk about lowering the bar!!
That azzhole was the worst liar in the White House since Harding!!

[Cali_Democrat]

7. Have no fear

It will trickle down in the near future

[mikekohr]

9. The more accurate name for Reaganomics is "Tinkle Down," as your cartoon depicts

they wizz on us and tell us it's raining.

[Pirate Smile]

8. That's the key. We are paying the price for 30 years of "Voo Doo Economics".

Pres. Obama gets to deal with the wreckage of both 30 years of Reagan's economic policies & 8 years of Bush's foreign & economic policies.

Well, clearly we all get to deal with that wreckage but I meant "deal with" as in being responsible for fixing - an impossible task in 3 years.

[mikekohr]

10. Look At The 70 Year Record, Democrat "Bubble Up Economics" ALWAYS Outperforms Republican Policy

9 of last 10 recessions occured under Republuican leadership:
http://bureaucountydems.blogspot.com/p/history-of-recessions.html

Record on monthly job creation
http://bureaucountydems.blogspot.com/p/job-growth.html
-clip-
http://1.bp.blogspot.com/_mHSyEv8vBt4/S6Z6xo0qSnI/AAAAAAAAACY/p8SkoEnN5dw/s640/job+creation+by+president.jpg?

THE PARTY WITH THE BEST RECORD OF SERVING REPUBLICAN ECONOMIC VALUES IS THE DEMOCRATS, AND IT ISN'T EVEN CLOSE!"
http://bureaucountydems.blogspot.com/p/economic-record.html

National Debt:
Every President, from Truman to Carter, steadily paid down the staggering debt that was run up in our fight against Nazi Germany and Imperial Japan. That pattern came to a screeching halt with Reagan/Bush and Bush. Clinton’s fiscal policy was a brief respite during this orgy of deficit spending.

Clinton's economic policies balanced 5 budgets, which is 5 more balanced budgets than the last 5 Republican presidents combined.
http://bureaucountydems.blogspot.com/p/national-debt.html

[Pirate Smile]

11. Great data.