Last edited by Napoleon; 01-21-15 at 03:53 PM.
Guess you better tell that to the U.S. Treasury which is the bank account of the United States because INCOME TAX REVENUE grew 60% during the Reagan term
I will never understand people like you. Is it ignorance or what that causes you to ignore the actual data and facts?
By the way, how old were you when Reagan was President? Do you have any idea why Reagan agreed to raise those taxes that you mentioned? Think about it, do some research and get back to me? What did the Democrats that Controlled the House offer?
Last edited by Conservative; 01-21-15 at 04:00 PM.
Of course you are going to hate my source. It's the Heritage Foundation. The Federal Budget, 1994
I wonder how much spending went up each year under Reagan? Hmmm.
I also know that this reality escapes you but 9/11 happened the first year of Bush and cost the Treasury over a trillion dollars and then there was two wars. Now you can argue the benefits of both but that doesn't change the fact that there are no wars now but a request for 3.9 trillion dollars
The problem there is that Republican's whom used to stand for their principles started listening to demo's telling them the only way to win was to increase 'goodies' to the masses...It was, and is a failure.
Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.
Alexis de Tocqueville
More like $650 billion according to the Heritage foundation, but who's counting. Maybe the Heritage Foundation just makes up numbers.Obama's budget is 800 billion dollars more with low inflation.
How about Reagan then, was he not a good one either?Never said the Bush budget was a good one either. tell me why we need this big of a Federal Govt? It seems that it is the Federal Taxpayers who are asked to do more with less, not the Federal Govt. You don't have a problem with that?
Maybe this will explain his spending a little:
And my source for that? The Free Market | Mises Institute Another leftist organization.In 1980, Jimmy Caner's last year as president, the federal government spent a whopping 27.9% of "national income" (an obnoxious term for the private wealth produced by the American people). Reagan assaulted the free-spending Carter administration throughout his campaign in 1980. So how did the Reagan administration do? At the end of the first quarter of 1988, federal spending accounted for 28.7% of "national income."
Even Ford and Carter did a better job at cutting government. Their combined presidential terms account for an increase of 1.4%—compared with Reagan's 3%—in the government's take of "national income." And in nominal terms, there has been a 60% increase in government spending, thanks mainly to Reagan's requested budgets, which were only marginally smaller than the spending Congress voted.
The budget for the Department of Education, which candidate Reagan promised to abolish along with the Department of Energy, has more than doubled to $22.7 billion, Social Security spending has risen from $179 billion in 1981 to $269 billion in 1986. The price of farm programs went from $21.4 billion in 1981 to $51.4 billion in 1987, a 140% increase. And this doesn't count the recently signed $4 billion "drought-relief" measure. Medicare spending in 1981 was $43.5 billion; in 1987 it hit $80 billion. Federal entitlements cost $197.1 billion in 1981—and $477 billion in 1987.
Foreign aid has also risen, from $10 billion to $22 billion. Every year, Reagan asked for more foreign-aid money than the Congress was willing to spend. He also pushed through Congress an $8.4 billion increase in the U.S. "contribution" to the International Monetary Fund.
His budget cuts were actually cuts in projected spending, not absolute cuts in current spending levels. As Reagan put it, "We're not attempting to cut either spending or taxing levels below that which we presently have."
The result has been unprecedented government debt. Reagan has tripled the Gross Federal Debt, from $900 billion to $2.7 trillion. Ford and Carter in their combined terms could only double it. It took 31 years to accomplish the first postwar debt tripling, yet Reagan did it in eight.
And I just noticed, who the heck proofreads what these organizations put out? "Jimmy Carner"? Who's that?
they talk the talk, but NEVER walk the walk.
And since you are attempting to make the point that republicans aren't conservative, can you point me to any conservative POTUS who has restrained spending? Any?