Ronald Reagan destroyed the American dream by reducing the tax rates. In so doing American manufacturing has died. Businesses now only want to make money not things.
MAGA brains are turning to mush and spitting blood.
That was also the time (for white people) when one wage earner could provide food, housing, healthcare, education, and a new car every few years.
Effate
Loc: El Dorado Hills, Ca.
RixPix wrote:
Ronald Reagan destroyed the American dream by reducing the tax rates. In so doing American manufacturing has died. Businesses now only want to make money not things.
Yeah, so what. In 1900 we produced 90% of what we consumed but in this global economy Ike’s tax rate would chase all the big corporations off shore.
RixPix wrote:
Ronald Reagan destroyed the American dream by reducing the tax rates. In so doing American manufacturing has died. Businesses now only want to make money not things.
Such leftist BS, Reagan did not destroy the American Dream he gave it a new life following Jimmy "Malaise" Carter's destruction of it. Lowering taxes does not destroy income nor does it inhibit economic growth, take an economics course. Investment in capital and labor is determined by the return such an investment will realize, not by the penal tax codes that rob a business of productivity.
I seriously doubt that Eisenhower ever muttered those words, probably just another leftist lie attributing a quote to him that he never made.
If you want to reply, then
register here. Registration is free and your account is created instantly, so you can post right away.