Comments by "bighand69" (@bighands69) on "Ronald Reagan Killed the American Dream" video.

I cannot take this left wing nonsense any more. Reagan took over America that was about to collapse. But lets take a few steps back here first and discuss this further. When JFK came to power he cut taxes and cut expenditure and this created real growth. Johnston, Nixon, Ford and Carter came after wards and destroyed those growth gains such as falling unemployment and increased household income. Corporations were in the loop long before Reagan came about. People did not have enough income to buy from there local even if they desired to do so and that is why they bought from the corporations. When Reagan came to power the 4 presidents before him destroyed the USA they more or less taxed it into oblivion. If Reagan had of come one office latter he would not have been able to save America. Reagan done the exact same thing as JFK he cut taxes and Expenditure. This then created real growth were the unemployment figure was cut in half and household income increased.
2
Tugg Magoo See how you automatically went for Reagan there even though I mention JFK as well. They both cut taxes and increased employment and household income. I would suggest by the way you automatically homed in on Reagan that you are a typical left wing liberal. Unemployment under Reagan went from 12% down to 5% and Inflation went from 17% peak down to 4%. Lets deal with the economic facts and not your fantasy of what you think happened.
1
Tugg Magoo Yes the national debt under Reagan increased because when he took over there was a massive deficit. He was only allowed to reduce the deficit slowly because he had to enter an agreement with the Liberal Democrats. As long as there is a deficit debt will increase. When Clinton came to power he had a good economy to deal with which resulted in surpluses because Reagan done all the horrible hard things which you clearly want to attack him for.
1
Tugg Magoo Yes debt increased because when he took over there was a deficit that was just massive. Reagan did not get to make cuts straight away. Do you not understand this. I will make it nice and easy to understand. When there is a deficit hence a government is spending more than what it is taking in the debt goes up. And when there is a surplus and the government then uses this against the debt it goes down. I am sure you could understand that.
1
Tugg Magoo Yes I made it nice and simple for you. So will you address the points that were made and stop with your distraction.
1