As many of you may know Obama has read Ronald Reagan's writings. What has Obama learned from Reagan ?
PEEPL
2012/05/16 02:11:01
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Top Opinion
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Other (details)
+10Ronald Reagan is probably turning in his grave over this clown we have in the White House.
But that's something you don't learn.You have to have that in your heart.i don't think
he has one.
IT definitely would never sing this:
to see what kind of a man Obama is.
http://www.sodahead.com/unite...
The second.....tooooo cuuuute!
You're forgetting the part where he CUT [income] taxes ACROSS THE BOARD to 28% in 1981 and 1986.
But following his party's losses in the 1982 election, Reagan largely backed off his efforts at spending cuts even as he continued to offer the small-government rhetoric that helped get him elected. In fact, he went in the opposite direction: His creation of the department of veterans affairs contributed to an increase in the federal workforce of more than 60,000 people during his presidency.
And while Reagan somewhat slowed the marginal rate of growth in the budget, it continued to increase during his time in office. So did the debt, skyrocketing from $700 billion to $3 trillion. Then there's the fact that after first pushing to cut Social Security benefits - and being stymied by Congress - Reagan in 1983 agreed to a $165 billion bailout of the program. He also massively expanded the Pentagon budget.
Meanwhile, following that initial tax cut, Reagan actually ended up raising taxes - eleven times. That's according to former Republ...
But following his party's losses in the 1982 election, Reagan largely backed off his efforts at spending cuts even as he continued to offer the small-government rhetoric that helped get him elected. In fact, he went in the opposite direction: His creation of the department of veterans affairs contributed to an increase in the federal workforce of more than 60,000 people during his presidency.
And while Reagan somewhat slowed the marginal rate of growth in the budget, it continued to increase during his time in office. So did the debt, skyrocketing from $700 billion to $3 trillion. Then there's the fact that after first pushing to cut Social Security benefits - and being stymied by Congress - Reagan in 1983 agreed to a $165 billion bailout of the program. He also massively expanded the Pentagon budget.
Meanwhile, following that initial tax cut, Reagan actually ended up raising taxes - eleven times. That's according to former Republican Sen. Alan Simpson, a longtime Reagan friend who co-chaired President Obama's fiscal commission that last year offered a deficit reduction proposal.
Reagan also raised the gas tax and signed the largest corporate tax increase in history, an act Joshua Green writes would be "utterly unimaginable for any conservative to support today."
But the reality is that Reagan was a president who held firm beliefs but was also willing to work with his ideological opponents. And that's the sort of thing that doesn't much lend itself to mythmaking.
http://fwd4.me/10lD
"It's important to note that Reagan's tax increases did not wipe out the effects of that initial tax cut. But they did eat up about half of it. And as Peter Beinart points out, the 1983 payroll tax hike went to pay for Social Security and Medicare."
As well as neglecting to include this portion afterward:
"Reagan was not happy about raising taxes or expanding government, and we certainly shouldn't forget that he had to work within the constraints placed upon him by a non-compliant Congress."