The meeting of America's two GREATEST PRESIDENTS

@MethDozer
How so?
He demolished the USSR without firing a single shot... Middle class grew in wealth, and inflation dropped to normal levels.
You need to check your facts bud..

@nocool No you do. He spent billions on dumb fucking shit like the war crimes of the Iran-Contra deal. Gutting social services using a racist charicature that didn't exist (his welfare queen nonsense), decreased taxes exponentially on the rich in his failed "trickle down experiment" therefore passing cost onto the lower classes, gutted mental health facilities putting millions of mentally ill people on the streets creating the massive homeless problem we are still seeing today. Waged war on workers and unions and flattened wages for millions of workers. Raised deficits and exponentially raised wealth inequality. We can go on and on.

@MethDozer Total nonsense.

@Strictgram Facts sin. Reaganomics and his foreign policies were nothing but destructive and the country has gone downhill at breakneck speed ever since he set foot in office.

Most economists and political experts even agree and can document how trickle down doesn't work and even when it was being instituted and sold by his administration nobody actually believed it would work exceot to further concentrate wealth at the top. If you think his economic plans were good then you have absolutely nothing to complain about right now.

@MethDozer
You have a whole lot to learn bud...
He did cut several socialists programs because it was highly inflationary and removed the desire for people to work.
People like yourself, i will assume, wanting welfare and some type of handout rather than work for it...

@nocool Socialist programs???🤣

Basic services aren't socialism and the fact y'all think that's what socialism is demonstrates how much you have to learn.

Welfare isn't socialist. It's a mechanism of moderate capitalism to try and save it from socialism and a worker's revolt. Period, full stop. It's an appeasement to try and band-aid the failures of capitalism.



The fact that it disincentives people to work because wages are so stagnant you either work and have nothing or collext and at least ear is why UBI is the better solution.

@MethDozer
You are one misguided person.
Unemployment is at its best when the government is at it's smallest...
Money reinvest into the economy and creates more jobs....
You pull that money and redirect it to social support... it is not only inflationary, but money exits the economy causing withdrawal...
The risk to invest becomes not worth the reward...
I do not work to support others...

The fact of this is clearly displayed with businesses leaving places like California and New York who are doing exactly your plans...
Turning everything to a poverty stricken shit hole...

Your idea of socialism doesn't work and never has...

@Strictgram @nocool Reagan's uncontrolled spending and tax cuts for the wealthy was the primary cause for inflation during and after the Reagan years. People forget that President Carter's highest budget deficit was lower than Reagan's lowest (check the data from GAO), yet people still believe Reagan was a fiscal conservative. He wasn't. Many of the issues we face now accelerated during his presidency and can be traced directly to his actions.

@nocool Unemployment is irrelevant. The entire nation of adults can be working minimum wage shows that can't support a single soul and unemployment would be zero yet it wouldn't be of any benefit for the average person.
Not is unemployment demonstrated to be lower when government regulation is reduced.


Which didn't happen under Reaganomics because the reduced tax rate disincentivesed them to do so over just hoarding the money for their own bank accounts. High tax rates over a certain income( in the 50's and 60's typically over 1-3 million) is what encourages reinvestment in workers, companies, and charities because if they don't spend on such things, they lose it to the tax braket.


You want to see a poverty stricken shithole? Keep voting Republican. The same party that was able to cripple a highly profitable and efficient Postal System into a deficit shitshow for the benefit of the private sector.

@windinhishair
That simply isn't a fact.
Let's see you prove that.
Carter inflation was doubled digits with unemployment more than twice what it was during Regan years...
Interest rates were double digits...
And we had oil and gas shortages...

@nocool My idea of socialism has never been implemented in the US. In the few places socialism has been tried it has had a war waged on it by the US war machine and US private enterprise. The US hasn't had any real leftist movement or party since before WW2 when Tycoons used machine guns and politicians to complete dismantle them.

You don't even know what socialism is sir so stop talking about it

@MethDozer hahaha!!!
Unemployment doesn't matter?
Job growth during Regan years was more than triple Carter years...
You try to match Carter years to Regan years... you will nit have a leg to stand on.

@nocool Also if socialism is such a failure how come Vietnam currently has the lowest poverty rate and much, much smaller than ours?🤔

@MethDozer
Hahaha!!!
That is your response?

@MethDozer
If you like their standard of living..
Go live there.... enjoy the mud huts

@nocool It doesn't again, you can have everyone in the country working for slave wages and it would mean unemployment is zero yet the people aren't thriving or doing any better. They are just cogging along for the benefit of the rich.
Buying power and economic mobility, and wealth equality is what matters most.

Also the unemployment rate towards the end of his presidency wasn't that spectacular and was back to more or less the same levels when he started.

@nocool Poverty is the same no matter where you live. Poverty is defined as being unable to meet basic living needs such as food, shelter, water, medicine, and clothing.an exceptional standard of living for a few is worth dick over a respectable standard of living for all or most.

@nocool Budget Deficits by Fiscal Year:

Carter
FY1977 $54 Billion
FY1978 $59 Billion
FY1979 $41 Billion
FY1980 $74 Billion

Reagan
FY1981 $79 Billion
FY1982 $128 Billion
FY1983 $208 Billion
FY1984 $185 Billion
FY1985 $212 Billion
FY1986 $221 Billion
FY1987 $150 Billion
FY1988 $155 Billion

You are welcome.

@windinhishair
Now please display what % of GDP that is exactly... so everyone understands fully what goes in those numbers....

@nocool GDP is not a reliable or good measure of the economy and even creators of the concept said it shouldn't be used for such a thing since it doesn't factor in many important aspects such as education, medicine, and and other vital services and it doesn't account for wealth created but rescinded to other nations. It completely ignore well being and sustainability in favor of short term investment earning potential.


https://www.scientificamerican.com/article/gdp-is-the-wrong-tool-for-measuring-what-matters/

@nocool The ratio of budget deficit to GDP ranged from 1.55% to 2.58% during the Carter years. It was 2.46% to 5.72% during the Reagan years, which is significantly worse.

No matter which way you look at it, Reagan ran huge deficits that helped push the nation into the biggest recession since the Great Depression, with unemployment over 10%.

@windinhishair Spoken like a true marxist. Recession was Carter's fault not Reagan's. 49 state blowout speaks for itself. You're in a pathetic minority. Leftists try to re write history to fit their leftist narrative. Too many of us know better.

@Strictgram Like you people have a clue what socialism, Marxism, or left actually means.

You people literally think liberals and Democrats are leftists. Uneducated morons.

@Strictgram So which budget deficits and years (both actual deficits and as a percentage of GDP) do you refuse to accept? And what are the "real" numbers?