- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Reagan’s Economic Policy Has Proven Harmful Long-Term
Posted on 3/28/26 at 7:57 pm to boogiewoogie1978
Posted on 3/28/26 at 7:57 pm to boogiewoogie1978
quote:
I didn't realize calling out Boomer Jesus would rattle people so hard.
Oh, it doesn't.
Being a leftist retard is what riles people up.
0
Posted on 3/28/26 at 8:00 pm to boogiewoogie1978
quote:
We can debate the terminology, but the core idea is still the same—tax cuts for the top with the expectation benefits flow down. I’m focused on the outcomes, not the label.
Bill cut taxes too and gets credit for a good economy because of it.
quote:
Reduced the top capital gains tax rate from 28% to 20%.
That's helping the wealthy.
This post was edited on 3/28/26 at 8:02 pm
Posted on 3/28/26 at 8:20 pm to boogiewoogie1978
quote:
Reagan’s economic policies, especially “trickle-down economics,” were supposed to help everyone by giving tax breaks to the wealthy. But instead, most of the benefits stayed at the top while everyday workers didn’t see much improvement.
At the same time, more manufacturing jobs were moved overseas, leaving many American communities without stable work. In the end, it led to more inequality and fewer opportunities for working people while making us weaker strategically.
The trickle down was not bad, it is a good concept where it failed was that they didn't have anything in place to keep jobs here. There incentives to stay or penalties if they went overseas.
Posted on 3/28/26 at 8:24 pm to JimEverett
Should be using real household income, not nominal individual. Also should include HW in there.
I think Reagan’s philosophy is valid, but as a prescription not an ideology. Read my other post at the top of page 2.
I think Reagan’s philosophy is valid, but as a prescription not an ideology. Read my other post at the top of page 2.
Posted on 3/28/26 at 8:25 pm to ArkBengal
Largely negotiated under Reagan. It was his baby.
This post was edited on 3/28/26 at 8:30 pm
Posted on 3/28/26 at 8:54 pm to boogiewoogie1978
You must work for a poor man.
Posted on 3/28/26 at 9:55 pm to boogiewoogie1978
quote:
China joined the WTO in 2001 under President Bill Clinton—but outsourcing and manufacturing decline started well before that, including during Reagan’s era.
Which Reagan policies offshored manufacturing?
Posted on 3/28/26 at 10:01 pm to boogiewoogie1978
tax strategy and manufacturing placement are not the same thing
Posted on 3/28/26 at 10:16 pm to boogiewoogie1978
Reagan benefitted from deflationary Fed policies under Volcker, which created the foundation for the economy to grow again after the stagflation of the late 1970s.
The tax cuts were good policy, but there weren’t spending cuts to offset the deficit. Reagan was too eager to compromise with Tip O’Neill at times. Appointing Greenspan as Fed chair was also a disaster and helped create the gigantic bubble that led to 2007-2008. Artificially low interest rates that are so ridiculous they’re almost 0% wasn’t even a thing until Greenspan, and that has put us in a monetary crisis. The economic structure of this country is so addicted to constant injections of liquidity that the whole thing is dangerously close to collapse.
The tax cuts were good policy, but there weren’t spending cuts to offset the deficit. Reagan was too eager to compromise with Tip O’Neill at times. Appointing Greenspan as Fed chair was also a disaster and helped create the gigantic bubble that led to 2007-2008. Artificially low interest rates that are so ridiculous they’re almost 0% wasn’t even a thing until Greenspan, and that has put us in a monetary crisis. The economic structure of this country is so addicted to constant injections of liquidity that the whole thing is dangerously close to collapse.
This post was edited on 3/28/26 at 10:27 pm
Posted on 3/29/26 at 1:56 am to boogiewoogie1978
I grew up thinking Reagan was a great man but his policies were poison. He is directly responsible for our debt economy and crumbling infrastructure.
Look it up for yourself. The numbers don’t lie.
Look it up for yourself. The numbers don’t lie.
Posted on 3/29/26 at 2:14 am to boogiewoogie1978
quote:
Reagan’s Economic Policy Has Proven Harmful Long-Term
This flies in the face of the facts. The rich in America got richer at a solid pace due to Reaganomics. So did the poor and the middle class get richer at a shocking pace.
When Reagan was president there were almost no cell phones, televisions were mostly cathode ray, cars were way less safe and reliable, very few people had personal computers. Now all of those things are remarkably better. Twenty somethings go on group trips to Las Vegas, Cabo and other exotic places. This was rare back then.
Reaganomics delivered in spades! Now, no reasonable person would blame Julius Caesar if his policies, implemented in 40 BC, suddenly stopped working in 2026. Similarly, Reagonomics has to be tuned and modified over the decades. Don’t blame Reagan if Obama and Bush didn’t do that very well.
Posted on 3/29/26 at 2:14 am to boogiewoogie1978
quote:
boogiewoogie1978
Tell us how STILL having the Soviet Union as an opposing superpower would be better,
Posted on 3/29/26 at 2:25 am to TheHarahanian
quote:
If we tried it your way and targeted a tax break at people who make less than $50k, there would be next to nothing reduced because very little tax revenue comes from them.
This is so true. Plus at 50k a year once you add kids and wife, you are probably in negative income tax territory and sending them a “refund” check of EITC and or child tax credits.
What should happen is the elimination of all income taxes on income below 75k a year, and marginal increases in social security and Medicare taxes mainly on the employer portion to shore up those trust funds.
Posted on 3/29/26 at 2:33 am to boogiewoogie1978
Do you get your economic advice from the short man on the right? He is a commie.
Posted on 3/29/26 at 7:21 am to boogiewoogie1978
quote:
Wages for typical workers didn’t grow
It's called supply and demand. They fooled women into joining the work force and imported foreigners to double the work force. More people looking for the same number of jobs created a competition for those jibs. Hence companies don't have to pay higher wages.
Posted on 3/29/26 at 7:31 am to boogiewoogie1978
quote:
especially “trickle-down economics,”
The theory isn't "trickle down", it is "a rising tide lifts all boats" and it does.
(Generally) Wealth, for most Americans, is the cumulative result of good decisions.
Poverty, likewise, is the cumulative result of bad ones.
#Facts
Posted on 3/29/26 at 8:31 am to boogiewoogie1978
quote:
Reagan’s economic policies, especially “trickle-down economics,” were supposed to help everyone by giving tax breaks to the wealthy.
were you even alive during the regan years?
reagan wielded tariffs like a battle axe to protect american jobs the off shoring began during the clinton years and excelerated during the second bush administration, reagan is not the reason your poor kid, that one is on you.
This post was edited on 3/29/26 at 8:34 am
Posted on 3/29/26 at 8:39 am to boogiewoogie1978
So our economic problems has nothing to do with Biden and the communist democrat party?
Posted on 3/29/26 at 8:44 am to LsuNav
quote:
grew up thinking Reagan was a great man but his policies were poison. He is directly responsible for our debt economy and crumbling infrastructure.
Look it up for yourself. The numbers don’t lie.
Nixon’s move from the gold standard is what caused this…not Reagan. We basically gave Congress a blank check for whatever they wanted. There’s a reason every chart goes to shite after 1971.
Posted on 3/29/26 at 8:48 am to boogiewoogie1978
quote:
Reagan’s economic policies, especially “trickle-down economics,” were supposed to help everyone by giving tax breaks to the wealthy. But instead, most of the benefits stayed at the top while everyday workers didn’t see much improvement.
Let me know how many jobs poor people create.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News