Originally posted by Sava
America imports 52 percent of its oil... 42 percent from the Middle East. I think a 42 percent cut in oil would cause problems.
America imports 52 percent of its oil... 42 percent from the Middle East. I think a 42 percent cut in oil would cause problems.
Second, you know two things about Reagan's effect on American economics, jack and ****, and jack left town.
Reagan busted unions which preserve workers rights and fair wages. Sure he created more jobs, but he did away with higher paying jobs and created more lower paying jobs.
Stupid judgements? I am minoring in political science and economics at DePaul University in Illinois. I just finished a 20 page dissertation on the US Economy from 1975-2000. You look like you are about 16 or 17 years old. I doubt you know anything except from what you see on TV.
My suggestion... get and education, then flame people on online message boards AFTER you know what it is you are talking about.
Alzheimers in the 90's? Apparantly you never saw any of Reagan's TV addresses to the nation. Half the time he couldn't remember to read the cue cards and he trailed off on some scewed tangent topic. The guy was an invalid. He was a puppet for the Republican party so they could exert their "rich get richer" agenda.
You just piss me off. I watched his inaugural address sixty times. He has nothing impaired.
And you are a puppet for the democratic party, to make everybody in this country lose their income.
Evidence provided at the end of the post by the respectful CATO institute.
Between 1981 and 1989, the annual cost of living in the US went from about $26,000 to $35,000, while the average mean income decreased from $32,000 to $30,000. Reagan helped the top 1% of the population get richer. BECAUSE THAT'S WHO REPUBLICANS REPRESENT!

So where exactly did you pull your stats out of? Your ass?

http://www.cato.org/pubs/pas/pa-261.html (source)
The gains in incomes of all income groups is all the more impressive when we examine data on income mobility. Tens of millions of Americans moved up the income scale in the 1980s--an economic fact that is obscured when only the static income quintile data from the start of the decade to the end are examined. Figure 12 shows that 86 percent of households that were in the poorest income quintile in 1980 had moved up the economic ladder to a higher income quintile by 1990. Incredibly, a poor household in 1980 was more likely to have moved all the way up to the richest income quintile by 1990 (15 percent) than to still be in the poorest quintile (14 percent).
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