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Reply #125: with regards to Reagan's imfamous question [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
provis99 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-14-07 05:42 PM
Response to Reply #43
125. with regards to Reagan's imfamous question
Are you better off than you were 4 years ago? Actually, for working class and middle class Americans in 1979, the answer was, YES! Inflation tended to affect mainly rich people with large investments; middle class and working class people usually had COLA built into their paychecks, so inflation didn't affect their take-home pay. Also, they got a huge break on their student loans and mortgage payments because of inflation. So ironically, those idiots who voted for Reagan because he asked that stupid question, didn't recognize reality that they WERE better off than they were four years ago.

If however, you asked in 1984 if people were better off than they were four years ago, the answer would have been no.
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