Quote:
Originally Posted by WTF
All I said was Reagan was the idiot that convinced you , Tiny and lustylad that tax cuts are ALWAYS good and debt is no problem.
We have all seen the graph where the debt-GDP ratio spiked under Reagan. Slowed a bit under Clinton and then continued the Ronnie trajectory under Bush, Obama, Trump and I suspect under Biden too.
And I pointed out that Trump almost piled up as much debt in 4 years that Obama did in 8 years.
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and you refuse to comment on that debt in large part was loaded up covid bullshit pushed by the democrats that wouldn't have happened. at least 3 trillion. is that Trump's fault or China and the DEMs professor poofter?
you can't find one single post in this thread or any of your other bullshit threads where any of us ever said that tax cuts are ALWAYS good you idiot. it's amusing watching you flounder down the rabbit hole and become such a poofter you need to invent posts to prove your bullshit claims.
you do know that Reagan while in his first term as Governor of Kalifornica raised taxes, yes? well you should because he did and didn't concern himself about what that might do to his re-election chances. which we all know he easily won re-election and the voters realized he was right about raising taxes, it was necessary.
so your attempts to paint Reagan as some "anti-tax" leader is bullshit. when he became president taxes did need to be reduced. as far as i'm concerned he did the right thing given the circumstances each time.
you do know that in 1979 there was a recession caused in large part by Carter yes? so professor when you have a recession .. do you raise taxes or lower them?
come on now .. don't be shy. speak up!
and your claim above is also bullshit. as i forced you to include the entire list not just starting at Reagan's term it shows a different picture than what you claim.
here is your own numbers being used to prove you wrong yet you still babble like a goober you are "right".
Quote:
Originally Posted by The_Waco_Kid
what was the average? and you know the full list shows numbers far higher at times that 50% for a single year. and years way before Reagan where it was 50% or greater. like 1960/61/62.
1960 $286 54% Recession
1961 $289 52% Bay of Pigs
1962 $298 50% JFK budgets & Cuban missile crisis
1963 $306 48% U.S. aids Vietnam, JFK killed
1964 $312 46% LBJ's budgets & war on poverty
1965 $317 43% U.S. entered Vietnam War
1966 $320 40% 1967 $326 40%
1968 $348 39%
1969 $354 36% Nixon took office
1970 $371 35% Recession
1971 $398 35% Wage-price controls
1972 $427 34% Stagflation
1973 $458 33% Nixon ended gold standard & OPEC oil embargo
1974 $475 31% Watergate & budget process created
1975 $533 32% Vietnam War ended
1976 $620 33% Stagflation
1977 $699 34% Stagflation
1978 $772 33% Carter budgets & recession
1979 $82732%
your argument it "was going south" doesn't hold water. it averaged 34%. from 1969 to 1979. 37% going back to 1960. Reagan averaged 39%.
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