Topic: Was Reagan really the second coming of Jesus Christ?
Anonymous A started this discussion 10 years ago #51,003
I always hear the Republicans praise him and yearn for his cock, yet I heard he wasn't that great a president to begin with.What is the truth?
Anonymous B joined in and replied with this 10 years ago, 10 minutes later[^] [v] #661,817
Truth? Hell No.
Reagan called it supply-side economics. It is always referred to as trickle-down economics or voodoo economics.
Bottom Line:
The debt held by the public rose from 25.2% GDP ($789 billion) in 1981 to 39.3% GDP ($2.190 trillion) in 1989.
The federal deficit as percentage of GDP rose from 3.8% of GDP in fiscal year 1982 to a peak of 5.9% of GDP in 1983, then fell to 2.7% GDP in 1989.
The federal government spent an average of 21.6% GDP from 1982-1989, versus the 1974-1981 average of 20.3% GDP.
Federal revenues averaged 17.5% GDP from 1982-1989, versus the 1974-1981 average of 17.8% GDP.
Federal income tax revenues fell from 9.1% GDP in 1981 to a trough of 7.5% GDP in 1984, then rose to 8.0% GDP in 1989.
I got fucked over with Reagan's AMT. Alternative minimum tax - reduced nominal rates on the wealthy and eliminated tax deductions, while raising tax rates on lower-income individuals.
Cost me a bloody income tax fortune on forced sale of Stock Options.
Reagan called it supply-side economics. It is always referred to as trickle-down economics or voodoo economics.
Bottom Line:
The debt held by the public rose from 25.2% GDP ($789 billion) in 1981 to 39.3% GDP ($2.190 trillion) in 1989.
The federal deficit as percentage of GDP rose from 3.8% of GDP in fiscal year 1982 to a peak of 5.9% of GDP in 1983, then fell to 2.7% GDP in 1989.
The federal government spent an average of 21.6% GDP from 1982-1989, versus the 1974-1981 average of 20.3% GDP.
Federal revenues averaged 17.5% GDP from 1982-1989, versus the 1974-1981 average of 17.8% GDP.
Federal income tax revenues fell from 9.1% GDP in 1981 to a trough of 7.5% GDP in 1984, then rose to 8.0% GDP in 1989.
I got fucked over with Reagan's AMT. Alternative minimum tax - reduced nominal rates on the wealthy and eliminated tax deductions, while raising tax rates on lower-income individuals.
Cost me a bloody income tax fortune on forced sale of Stock Options.
Lt. Judy Hopps joined in and replied with this 10 years ago, 4 minutes later, 15 minutes after the original post[^] [v] #661,828
Reagan is the great satan
Big Daddy Derek !Uvm54ORbmo joined in and replied with this 10 years ago, 23 minutes later, 38 minutes after the original post[^] [v] #661,841
@661,817 (B)
Is a bloody income tax fortune on forced sale of Stock Options re: 15 minute dryve from thee?
Is a bloody income tax fortune on forced sale of Stock Options re: 15 minute dryve from thee?
Anonymous A (OP) replied with this 10 years ago, 1 minute later, 39 minutes after the original post[^] [v] #661,842
Anonymous B replied with this 10 years ago, 41 minutes later, 1 hour after the original post[^] [v] #661,866
@previous (A)
Is it ok if I laff at dissolution of the Soviet Union?
Exactly how well is that currently going?
LOLOL
Is it ok if I laff at dissolution of the Soviet Union?
Exactly how well is that currently going?
LOLOL