Comments by "bighand69" (@bighands69) on "VP Candidate For Libertarian Party Joins TYT" video.

  1. The new deal worked for a period of time but eventually it lead to deficits that lasted until Kennedy was office.
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  2. Both Kennedy and Reagan lowered taxation and this in turn allowed the middle class to spend their money and to also invest their money. This allowed people greater access to the markets were they would actually see the increases in productivity. But instead people today are being taxed to the point they are just surviving. That is the reason we are seeing flat growth and lack of access to the market.
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  3. It is simple to talk about things and it is difficult to actually do something about it. The conventional wisdom is to raise taxes because if you do not then you will not have enough money to spend. This is what most presidents do. Both Kennedy and Reagan went against the conventional wisdom and cut taxes and this in turn start growth within the economy. Bush nor Obama have done this and have used conventional wisdom. Kennedy cut taxes against the advice that was surrounding him.
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  4. And the reason for this was that Reagan lowered taxes and this created growth. There is one other president in modern history that done this and that Kennedy. George w. Bush used to talk about this but did not do it. Obama on the other hand is regularly compared to Kennedy but yet Obama believes in raising taxes.
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