Comments by "bighand69" (@bighands69) on "Caller: Why is Thom Always Blaming Reagan?" video.

  1. Typical left wing nonsense.  Reagan reduced taxation liabilities across the board. 
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  2. That is just nonsense.  When Reagan took over unemployment was 11% and inflation was 18%.  When Reagan left office unemployment was 5% and inflation was 5%. Household income also doubled when he left.  Reagan done this by cutting taxes and cutting expenditure. 
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  3. 2snoopys What do you actually mean by far right can you give it a definition. 
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  4. 2snoopys Reagan cut taxes and he cut expenditure and as such this created growth such as the unemployment rated being cut in half and household income increasing.  JFK done the same.  So why can you not recognize it as it is. 
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  5. +ayyye bruuh When Reagan came to office unemployment was 13% and inflation had peaked at 17%. When he left office unemployment was at 5% and inflation was at 4%. Of course the national debt was going to increase because there was a massive deficit when he came to power. Reagan managed to lower the deficit as down to a point that allowed Bush and then Clinton to get rid of the deficit. Was it not Clinton who introduced NAFTA.
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  6. +ayyye bruuh That was all to do with inflation. Even if he did not reduce taxation the deficit would have increased on peak inflation at near to 300 billion. This is what people on the left do not seem to understand. A deficit is an extremely serious thing and it is not cured over night. It can take up to 15 year to take care of such a deficit. It was not until Clinton got to office was there the correct economic conditions to create a surplus. I am not so critical on Clinton as many people seem to be. Was he a great president that had to deal with major crisis like Reagan no he was not but was he a bad president that done extreme things no. His only fault was NAFTA under his watch but even that was not entirely down to him. Reagan lowered the deficit in terms of growth and national purchasing power. Remember we are talking about economics not just finances. Household income increased under Reagan because taxes were cut.
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