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re: The Myths of Reaganomics

Posted on 5/23/14 at 5:18 pm to
Posted by MMauler
Member since Jun 2013
19216 posts
Posted on 5/23/14 at 5:18 pm to
Reaganomics was never truly implemented. Reagan had to deal with Tip O'Neill and Teddy Kennedy and their constantly spending like Teddy on a drunken/raping rampage through Palm Beach.

Reagan also had what he considered a more important objective -- to get rid of the Soviet Union through superior fire power. Remember all the Democrats and their bumper sticker slogans -- "Ronnie Raygun," "No one wins an arms race." Well, guess what, as history (and the present) has always shown, the Dims were WRONG again.

But, in order to achieve this, Reagan did have to make the proverbial deal with the two-headed devil that was O'Neill/Kennedy. For every dollar that Reagan raised through tax cuts, and every dollar Reagan spent bringing our armed forces up to competency level (after being GUTTED by Carter), he had to agree to spend $3 on O'Neill/Kennedy welfare/voting buying program.
Posted by Jim Rockford
Member since May 2011
98754 posts
Posted on 5/23/14 at 5:22 pm to
quote:

l (after being GUTTED by Carter)


LINK

quote:

In recent years, the Soviets had strengthened their forces and influence, expanding the army, developing a large navy, and increasing their arms and technicians in the Third World. As Carter's concern about these developments mounted, he alarmed critics of military spending by calling for a significant increase in the military budget for fiscal 1979, a substantial strengthening of North Atlantic Treaty Organization (NATO) forces, and the development and deployment of a new weapon, the neutron bomb.
Posted by samson'sseed
Augusta
Member since Aug 2013
2070 posts
Posted on 5/24/14 at 9:39 am to
BS.

Reaganomics was fully implemented, it was a disaster, and even Reagan realized it had to be tapered back.
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