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Old 02-09-2011, 9:10pm   #18
ChasC5
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Quote:
Originally Posted by _Will_ View Post
Not to veer off course, but as long as he's in the news, let's take a moment to totally discredit the 2 major slanders being bandied about by the left:

1. Reagan was a hypocrite when it came to government spending, and was responsible for a major increase.

FALSE

The slanderers usually use the same idiotic figures, the total $$$ amount of the U.S. national debt.
Like this:




Imbeciles. Ever hear of INFLATION???

The FACT is, while Reagan was NOT superman and able to single-handedly solve the problem, he did drastically alter the direction of spending. Annual budget increases PLUMMETED under President Reagan, and the national debt increase was more a product of the run-up in spending preceding him. From an average increase of 10.65% under Nixon/Ford, to 13.5% under Carter. Reagan signed budgets with an average increase of under 7%. He LITERALLY halved the annual budget increase trend he inherited from the Carter years:




2. Reagan didn't care about the poor or the working class, "trickle-down" economics was a scam, only the rich benefited.

WRONG again. Sorry leftists, but LBJ's "Great Society" was an abject failure. Reaganomic's rising tide did indeed lift ALL boats:




The latter 2 graphs are my own work, using hard data from GPO Access and the Census Bureau, respectively. If the links no longer function, you can easily find the information from their home pages---they update and re-do their sites constantly, so links don't always last forever. The data does, and historical data tables are always available.
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