Rave If You Think Ronald Reagan Was One Of The WORST Presidents In US History
Che Guevara - Hero
2012/08/21 11:06:29
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Rave If You Think Ronald Reagan Was One Of The WORST Presidents In US History
1. Reagan cut taxes for the Rich, increased taxes on the Middle Class -
Ronald Reagan is loved by conservatives and was loved by big business throughout his presidency and there's a reason for it. When Reagan came into office in January of 1981, the top tax rate was 70%, but when he left office in 1989 the top tax rate was down to only 28%. As Reagan gave the breaks to all his rich friends, there was a lack of revenue coming into the federal government. In order to bring money back into the government, Reagan was forced to raise taxes eleven times throughout his time in office. One example was when he signed into law the Tax Equity and Fiscal Responsibility Act of 1982. Reagan raised taxes seven of the eight years he was in office and the tax increases were felt hardest by the lower and middle class.
2. Tripling the National Debt -
As Reagan cut taxes for the wealthy, the government was left with less money to spend. When Reagan came into office the national debt was $900 billion, by the time he left the national debt had tripled to $2.8 trillion.
3. Iran/Contra -
In 1986, a group of Americans were being held hostage by a terrorist group with ties to Iran. In an attempt to free the hostages, Ronald Reagan secretly sold arms and money to Iran. Much of the money that was received from the trade went to fund the Nicaragua Contra rebels who were in a war with the Sandinista government of Nicaragua. When the scandal broke in the Untied States it became the biggest story in the country, Reagan tried to down play what happened, but never fully recovered.
4. Reagan funded Terrorists -
The attacks on 9/11 by al-Qaeda and Osama Bin Laden brought new attention to international terrorism. All of a sudden, Americans coast to coast wore their American flag pins, ate their freedom fries and couldn't wait to go to war with anyone who looked like a Muslim. What Americans didn't realize was that the same group that attacked the United States on 9/11 was funded by Ronald Reagan in the 1980s. Prepping for a possible war with the Soviet Union, Ronald Reagan spent billions of dollars funding the Islamist mujahidin Freedom Fighters in Afghanistan. With billions of American dollars, weapons and training coming their way, the Taliban and Osama Bin Laden took everything they were given and gave it back to the United States over a decade later in the worst possible way imaginable.
5. Unemployment issues -
When Ronald Reagan came into office 1981, unemployment was at 7.5%. After Reagan cut taxes for the wealthy, he began raising taxes on the middle and lower class. Corporations started to ship more jobs out of the United States while hiring cheap foreign labor in order to make a bigger profit. While corporations made billions, Americans across the country lost their jobs. As 1982 came to a close, unemployment was nearly 11%. Unemployment began to drop as the years went on, but the jobs that were created were low paying and barely helped people make ends meet. The middle and lower class had their wages nearly frozen as the top earners saw dramatic increases in salary.
6. Ignoring AIDS -
By the time the 1980s came around, AIDS had become one of the most frightening things to happen to the country in recent memory. No one understood what AIDS and HIV really was and when people don't understand something, they become scared of it. The fear of the unknown was sweeping across the country and Americans needed a leader to speak out about this horrible virus, that leader never came. Instead of grabbing the bull by the horns and taking charge, Reagan kept quiet. Reagan couldn't say the words AIDS or HIV until seven years into his presidency, a leader not so much.
7. Reagan gave amnesty to 3 million Undocumented Immigrants -
In today's GOP, the idea of any immigrant staying in the United States whether they are legal or illegal isn't something that conservatives embrace. What might shock them is that in 1982 Ronald Reagan gave nearly 3 million undocumented workers amnesty. The biggest reason for undocumented workers coming to the United States is because corporations hire them at a cheaper rate than they would an American citizen. All the laws that would have cracked down on companies who hire undocumented workers were, of course, removed from the bill.
8. His attack on Unions and the Middle Class - The Republican war on unions and the middle class has been heating up in states like Wisconsin and Ohio, but it has been going on for a long time. Unions are formed to give a united voice to the workers in an attempt to create fairness between the corporations and their employees. On August 3rd, 1981, PATCO (Professional Air Traffic Controllers Organization) went on strike in an effort to get better pay and safer working conditions. Two days later, taking the side of business, Ronald Reagan fired 11,345 workers for not returning to work.
Read More: http://www.examiner.com/article/8-reasons-why-rona...
Top Opinion
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Marlow ~ Let There Be Light 2012/08/21 12:28:31All Of The ABOVE
+103None of the above. Ronald Reagan was the BEST president after Washington and Lincoln. Funny isn't it how someone who reveres a murdering Commie like Che Guavera hate Reagan. That is a compliment in itself!!!!
1. Reagan cut taxes for the Rich, increased taxes on the Middle Class -
Ronald Reagan is loved by conservatives and was loved by big business throughout his presidency and there's a reason for it. When Reagan came into office in January of 1981, the top tax rate was 70%, but when he left office in 1989 the top tax rate was down to only 28%. As Reagan gave the breaks to all his rich friends, there was a lack of revenue coming into the federal government. In order to bring money back into the government, Reagan was forced to raise taxes eleven times throughout his time in office. One example was when he signed into law the Tax Equity and Fiscal Responsibility Act of 1982. Reagan raised taxes seven of the eight years he was in office and the tax increases were felt hardest by the lower and middle class.
2. Tripling the National Debt -
As Reagan cut taxes for the wealthy, the government was left with less money to spend. When Reagan came into office the national debt was $900 billion, by the time he left the national debt had tripled to $2.8 trillion.
3. Iran/Contra -
In 1986, a group of Americans were being held hostage by a terrorist group with ties to Iran. In an attempt to free the hostages, Ronald Reagan secretly sold arms and money to...
1. Reagan cut taxes for the Rich, increased taxes on the Middle Class -
Ronald Reagan is loved by conservatives and was loved by big business throughout his presidency and there's a reason for it. When Reagan came into office in January of 1981, the top tax rate was 70%, but when he left office in 1989 the top tax rate was down to only 28%. As Reagan gave the breaks to all his rich friends, there was a lack of revenue coming into the federal government. In order to bring money back into the government, Reagan was forced to raise taxes eleven times throughout his time in office. One example was when he signed into law the Tax Equity and Fiscal Responsibility Act of 1982. Reagan raised taxes seven of the eight years he was in office and the tax increases were felt hardest by the lower and middle class.
2. Tripling the National Debt -
As Reagan cut taxes for the wealthy, the government was left with less money to spend. When Reagan came into office the national debt was $900 billion, by the time he left the national debt had tripled to $2.8 trillion.
3. Iran/Contra -
In 1986, a group of Americans were being held hostage by a terrorist group with ties to Iran. In an attempt to free the hostages, Ronald Reagan secretly sold arms and money to Iran. Much of the money that was received from the trade went to fund the Nicaragua Contra rebels who were in a war with the Sandinista government of Nicaragua. When the scandal broke in the Untied States it became the biggest story in the country, Reagan tried to down play what happened, but never fully recovered.
4. Reagan funded Terrorists -
The attacks on 9/11 by al-Qaeda and Osama Bin Laden brought new attention to international terrorism. All of a sudden, Americans coast to coast wore their American flag pins, ate their freedom fries and couldn't wait to go to war with anyone who looked like a Muslim. What Americans didn't realize was that the same group that attacked the United States on 9/11 was funded by Ronald Reagan in the 1980s. Prepping for a possible war with the Soviet Union, Ronald Reagan spent billions of dollars funding the Islamist mujahidin Freedom Fighters in Afghanistan. With billions of American dollars, weapons and training coming their way, the Taliban and Osama Bin Laden took everything they were given and gave it back to the United States over a decade later in the worst possible way imaginable.
5. Unemployment issues -
When Ronald Reagan came into office 1981, unemployment was at 7.5%. After Reagan cut taxes for the wealthy, he began raising taxes on the middle and lower class. Corporations started to ship more jobs out of the United States while hiring cheap foreign labor in order to make a bigger profit. While corporations made billions, Americans across the country lost their jobs. As 1982 came to a close, unemployment was nearly 11%. Unemployment began to drop as the years went on, but the jobs that were created were low paying and barely helped people make ends meet. The middle and lower class had their wages nearly frozen as the top earners saw dramatic increases in salary.
6. Ignoring AIDS -
By the time the 1980s came around, AIDS had become one of the most frightening things to happen to the country in recent memory. No one understood what AIDS and HIV really was and when people don't understand something, they become scared of it. The fear of the unknown was sweeping across the country and Americans needed a leader to speak out about this horrible virus, that leader never came. Instead of grabbing the bull by the horns and taking charge, Reagan kept quiet. Reagan couldn't say the words AIDS or HIV until seven years into his presidency, a leader not so much.
7. Reagan gave amnesty to 3 million Undocumented Immigrants -
In today's GOP, the idea of any immigrant staying in the United States whether they are legal or illegal isn't something that conservatives embrace. What might shock them is that in 1982 Ronald Reagan gave nearly 3 million undocumented workers amnesty. The biggest reason for undocumented workers coming to the United States is because corporations hire them at a cheaper rate than they would an American citizen. All the laws that would have cracked down on companies who hire undocumented workers were, of course, removed from the bill.
8. His attack on Unions and the Middle Class - The Republican war on unions and the middle class has been heating up in states like Wisconsin and Ohio, but it has been going on for a long time. Unions are formed to give a united voice to the workers in an attempt to create fairness between the corporations and their employees. On August 3rd, 1981, PATCO (Professional Air Traffic Controllers Organization) went on strike in an effort to get better pay and safer working conditions. Two days later, taking the side of business, Ronald Reagan fired 11,345 workers for not returning to work.
Did a Democrat Congress make Reagan trade weapons for hostages with terrorists ? NO
Did a Democrat Congress make Reagan secretly finance the Taliban ? NO
Did a Democrat Congress make Reagan cut and run from Beirut when 230 Marines were killed ? NO
LOL
Yes.... I'm going to be very busy the next 3 to 4 years.. LOL
While Reagan cut taxes for the rich in 1980, when the top statutory income tax rate went up to 70 percent, the share of income taxes paid by the top 1 percent of taxpayers was just 19.3 percent. After Ronald Reagan's tax cut of 1981, which reduced the top rate to 50 percent -- a massive give-away to the wealthy according to those on the left -- the percentage of income taxes paid by the top 1 percent rose steadily and by 1986 the top 1% were paying 25.7%. Why? because his policies closed tax loopholes that allowed those rich to get away with not paying taxes
While the Reagan years added $1.4 trillion to the federal debt; that much is fact. That is a small figure when you consider that market value of American assets in 1981 was around $16 Trillion and this had doubled to $33 Trillion by 1989 when he left office. That is a bump of $17 Trillion in American assets in 8 years. While Reagan made defense a priority during his term and amped up the military spending yet he shattered the Soviet Union and allowed the for the reduction in military spending and defense spending; which can be attributed to the end of the Cold War.
Iran-...
While Reagan cut taxes for the rich in 1980, when the top statutory income tax rate went up to 70 percent, the share of income taxes paid by the top 1 percent of taxpayers was just 19.3 percent. After Ronald Reagan's tax cut of 1981, which reduced the top rate to 50 percent -- a massive give-away to the wealthy according to those on the left -- the percentage of income taxes paid by the top 1 percent rose steadily and by 1986 the top 1% were paying 25.7%. Why? because his policies closed tax loopholes that allowed those rich to get away with not paying taxes
While the Reagan years added $1.4 trillion to the federal debt; that much is fact. That is a small figure when you consider that market value of American assets in 1981 was around $16 Trillion and this had doubled to $33 Trillion by 1989 when he left office. That is a bump of $17 Trillion in American assets in 8 years. While Reagan made defense a priority during his term and amped up the military spending yet he shattered the Soviet Union and allowed the for the reduction in military spending and defense spending; which can be attributed to the end of the Cold War.
Iran-Contra while the facts may be a bit skewed the truth is that although some laws had been broken, and Reagan's image suffered as a result of Iran-Contra, his popularity rebounded. In 1989 he left office with the highest approval rating of any president since Franklin Roosevelt. (Wouldn't call that NEVER fully recovered); note that we have done this type of thing in many countries example: Panama, we put Torrijos and then Noriega in power with weapons and training then later needed to take him out.
While Reagan funded Afghanistan against the Soviet Union; who by the way were our enemy in the 1980's for those too young to remember or who can't remember having to train to fight Soviet soldiers or Communists. So to say that Reagan needed to have the foresight to know that these "freedom fighters" were going to turn into our enemy. He took a very bold stance against terrorism especially when he took office against Iran when president-elect, Ronald Reagan took a bold stance against Iranian hostage takes and the leadership He called the Iranian captors "criminals and kidnappers" and he called the political leaders "kidnappers." If they understood from his insults, he added, "that they shouldn't be waiting for me [to take office], I'd be very happy."
Reagan inherited high unemployment and a dreadful economy yet the unemployment rate steadily decreased during his term and note in August 1982, the median length of unemployment was 8.7 weeks; also the Daily Kos ranks President Reagan as Number 2 as reducing unemployment the most to least behind President Clinton. While claiming that he raised taxes on the middle class that is a Liberal and media tactic that is generally splayed out because when people hear raised taxes they think of income tax, when in truth he made changes to the tax code and ended some deductions and didn't really increase taxes nor did he decrease taxes on the wealthy without closing loopholes ensuring that they paid more in taxes. That 11% unemployment rate was the highest point during the recession caused by economic policies and budgets created by the
I won't even address AIDS; why because little was understood at the time of the disease and while many of may decry his silence understand that the 1980's wasn't a particularly popular time for a person to be gay whether you agree or not.
Reagan said in the 1984 debate with Mondale "I believe in the idea of amnesty for those who have put down roots and lived here, even though some time back they may have entered illegally," This amnesty was a “one time” thing in an effort to clamp down on security at the border; therefore in 1986 the Immigration Reform and Control Act was signed.
Reagan didn't take the side of big business when he intervened in the PATCO, their walking out was akin to a police or firefighter strike and inherently illegal for Federal employees to strike. He made an example of them as a President, he was pro union and made every effort to support unions and unions knew this. As governor of California, Reagan also signed the law that allowed municipal workers — in other words, public employees — the right to bargain collectively.
The attack on the middle class is just absurd rewritten history, the middle class was strengthened by higher wages and more spending money than they had previously, while there were increases in gas tax and other items such as cigarettes and alcohol. The revamp of the tax code allowed for better tax rates for the middle class.
The attack on the middle class is just absurd rewritten history, the middle class was strengthened by higher wages and more spending money than they had previously, while there were increases in gas tax and other items such as cigarettes and alcohol. The revamp of the tax code allowed for better tax rates for the middle class.
Funny how the ramifications are all on Reagan's action but not on PATCO"s decision to strike. These people all signed affidavits of employment as Federal employees not to strike and to do so was terms for dismissal and ineligibility for Federal service. These union bosses made a decision and it reverberated down the line because Reagan always negotiated from a position of power, he set a deadline, gave his ultimatum and followed through to do anything less makes him an ineffectual leader.
But , I will stand by my statement that this was the beginning of unions losing power. Once the president challenged the power of a union it started the domino effect. Incidentally, I voted for Reagan twice and consider that to be one of the dumbest things I ever did. Trickle down didn't work and it won't ever work.