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In reply to the discussion: It's getting real hard to tell just who destroyed the economy... [View all]merrily
(45,251 posts)36. You might want to check this as well.
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Yes, but Reagan SLASHED tax rates on the wealthy and to this day they are still slashed.
NoJusticeNoPeace
May 2015
#53
As a result of the 1981 and 1986 bills, the top income tax rate was slashed from 70% to 28%.
NoJusticeNoPeace
May 2015
#59
No one screwed the economy. The rich always keep getting richer. It's most of us who got screwed.
merrily
May 2015
#4
Raygun changed our economy by introducing the trickledown theory - the others including
jwirr
May 2015
#9
Under FDR. We had a mixed economy that created the middle class. Not the filthy rich. Do you
jwirr
May 2015
#14
When it comes to what type of government I agree. But plutocracy and democracy are not
jwirr
May 2015
#20
Then why are we talking about income inequality now? Why haven't we been talking about it all
jwirr
May 2015
#33
I'm sure people have always talked about it. They just didn't necessarily used that term.
merrily
May 2015
#45
The campaign money and lobbying is definitely a BIG problem. I think what you are calling a
jwirr
May 2015
#50
I think we are, but I would call it big business, since a mom and pop can be incorporated and a
merrily
May 2015
#56
I know. We us the word corporate to mean so many things. A lot of small family farmers
jwirr
May 2015
#67
I wish Bernie could scare them but he needs a lot of us at his back. And he looks so gentle.
jwirr
May 2015
#72
I use the words trickle down because I do not know what else to call the economic theory that
jwirr
May 2015
#52
I do agree that it has always been here and I suspect that it can be found in the history of a lot
jwirr
May 2015
#69
The economy started declining with computers, and Americans liking transistor radios and VW Beetles.
Hoyt
May 2015
#17
Not trading among ourselves sure isn't stopping it, either. Thing is, what will?
merrily
May 2015
#37
It's funny you say we must look to Scandinavia, then rule out Sanders in the next breath.
merrily
May 2015
#46
Regan and the Republicans have done a masterful job of fucking the middle and lower class.
NCTraveler
May 2015
#18
Use the r word all you want. NAFTA, repeal of Glass Steagall. No, he wasn't the only one, but
merrily
May 2015
#21
Sorry, but Clinton, Summer and Greenspan ALL worked very hard to get that veto proof majority by
merrily
May 2015
#81
There is quite a difference between "ruined the economy" and "the TPP will ruin the economy".
djean111
May 2015
#23
Well, by politicians. I have this crazy idea we voters are also part of the party.
merrily
May 2015
#30
Who cares what labor wants? Republicans have made them out to be bad guys and
liberal_at_heart
May 2015
#75
I have no idea what that means. Besides, jailing people after the economies of several nations
merrily
May 2015
#82
Reagan. Where economics is concerned, he was Morgoth to GW Bush's Sauron.
True Blue Door
May 2015
#40
Big money destroyed the economy. It now costs more than $1 billion to buy the job of president.
lumberjack_jeff
May 2015
#47
The issue which has swept down the centuries and which will have to be fought sooner or later
Tierra_y_Libertad
May 2015
#83