Flashback: Reagan on Unions...

Supafly

Logged Off 4 Freedom of Speech Restrictions
Bronze Member
do your fucking homework
http://en.wikipedia.org/wiki/David_Stockman

yeah, good ole Voodoo Economics at work
blog_income_shares_1979_2007_1.jpg

Thank you. This graph pretty much sums up what went wrong (Not only in America).

For long, too long years, the money fell upstairs, and the top cats even used the misery that spread as an argument they need to cut down wages more, as 'obviously' there is not enough wealth around to keep salary as high or, heaven forbid, raise it to match inflation and general prices rising.
 
Some regulation is required from gov't but not wholesale gov't involvement in business nor complete de-regulation.

Milton Friedman had it right.
 
Sorry i'm a Guiness drinker
You Missed the point, then. :facepalm:

I used those major mass produced beers because THEY AREN'T quality beers......but are sold to us like they are with empty rhetoric. Quality craft beers, such as Guinness, are what should be used as standards for quality.

You stated an "opinion"....kinda like 'WTC11waspulled' states "opinion".....with no factual evidence to back any of his bullshit. Just saying it doesn't make it so. You're entitled to your own opinion, not your own (made up) facts
 

vodkazvictim

Why save the world, when you can rule it?
I don't listen to any talk radio or any other political commentary, I trust my own counsel above all other, but thanks for the attempt to stereotype.
So you're boasting about being uninformed?
And Reagans 'trickle down theory' did work
Don't thin so. Similar policies in Britain resulted in the gap between rich and poor widening by 20%.
Nah the Dems want to spend our way out of the deficit by borrowing.:facepalm::1orglaugh
T^^100% Correct.
Couldn't believe it when it was happening under Labour :facepalm:
If all of us on this board were so smart then we wouldn't be on a porn forum we would be running this country so as far as i'm concerned we can all beat our chests and and post how much we know and how we are so smart about politics, the fact is we aren't **** and the only change we can do is when we vote, so get over it and get back to the porn!
Wrong. What gets you into power is connections.
There's a famous quote I will now eviscerate:
the problem is that the stupid never shut up and the intelligent are full of doubt
There. Destroyed.
I don't think Reagan was a good President. He spended so much money, didn't do anything during the ***** epidemic, made the rich richer and the poor poorer. Plus in that speech you can clearly see him as a puppet President. Then again I guess every US President becomes a puppet. It's an evil system but I guess that's just politics...
We need change. And no, I'm not spouting that as an Obama slogan.
Thank you. This graph pretty much sums up what went wrong (Not only in America).

For long, too long years, the money fell upstairs, and the top cats even used the misery that spread as an argument they need to cut down wages more, as 'obviously' there is not enough wealth around to keep salary as high or, heaven forbid, raise it to match inflation and general prices rising.
^^100% Correct. You may note how Britain and america suffered terribly under those policies.

Unfortunately call me dave is intent on repeating them in Britain, so if anyone wants to invade, or threaten to invade in order to extort money from us, nows a good time; were weak and defenceless as we allow money to take charge (which of course doesn't do the country any good, it just does money good, leading to the inevitable destructive bust after the boom, which we are thoroughly unprepared for).
 
You are welcome to your views and no one is attempting to paint Reagan as the anti Christ
It just is ridiculous to suggest one thing when there is scant evidence to support it and an overwhelming amount to support the opposite

"When I get new information, I change my position. What, sir, do you do with new information?
John Keynes
 
I just love how we have this political expert in here. I think I might give him a write-in to be the goddam president one day.
 
I just love how we have this political expert in here. I think I might give him a write-in to be the goddam president one day.

Citing political fact, record or opinion doesn't make someone a politician.:2 cents:
 
I really don't care what it is, if you want to know the truth. I just don't get how you say Reagan sucks and all, and then say every president is the same.

Probably because every president has been for expanded government reach, interventionalist foreign policy, and increasing corporate wealth (creating an oligarchy disparity if incomes)

Not hard to grasp at all

NONE of that serves the American citizen's interest so why should I be content with them?
 
I really don't care what it is, if you want to know the truth. I just don't get how you say Reagan sucks and all, and then say every president is the same.

grower, this is what I remember of the Reagan era off the top of my head (in this order);

1. Iran-Contra
2. Ollie North
3. The Berlin Wall coming down
4. S&L Crisis/Bailouts
5. Discovery of massive waste, fraud and ***** in defense contracts and appropriations.
6. John Hinkley Jr.
7. Grenada
8. Beirut
9. Libya and Gaddafi
10. Firing air traffic controllers.

It's my speculation he is remembered more for;

1. Winning the 'Cold War'.
2. Cutting taxes
3. Economic prosperity/Jobs
4. Projecting military strength

The reality of those 4 as best I can tell;

1. The Soviet Union was collapsing from the weight of supporting it's satellite nations and their war in Afghanistan finished them off.

2. Reagan cut the top marginal rate from 69.5 to 50 pct. where it stayed until the last year or 2 of his presidency.

3. Reagan inherited high inflation, interest rates and a moderately high unemployment rate (roughly 7.5 pct. ). Of the entire 48 mos of his first term the u/e rate was 7.5 pct or higher for 37 of them and above 10 pct. for 10 straight mos of it. The lowest rate was 5.3 the last month of his presidency.

4. He is credited for standing up to Russia but Russia was collapsing. He lead the invasion of tiny island nation Grenada and bombed Gaddafi's house in response to ****** attacks in Germany. He he vowed to stay and fight in Lebanon by famously coining the phrase 'cut and run' (would not) in response to the ****** on Marines in Beirut only to pull out days later.

Reagan wasn't the worst president by any stretch. He is much more myth than reality IMO. But that's what you can get when you have a polished personality articulating well written material and unchallenged historians working to create legend.

The same thing was tried with W. Bush. What did we get?

1. Iraq War
2. Cheney
3. Saddam Hussein's statue coming down
4. Banking Crisis/Bailouts
5. Discovery of massive waste, fraud and ***** in defense contracts and appropriations.
6. Vladimir Arutyunian.
7. Katrina
8. Sept. 11th
9. Iran and Ahmadinijad
10. Domestic eavsdropping and warrantless wiretaps.
 
Probably because every president has been for expanded government reach, interventionalist foreign policy, and increasing corporate wealth (creating an oligarchy disparity if incomes)

Not hard to grasp at all

NONE of that serves the American citizen's interest so why should I be content with them?

at least the reaganomics made of the US, the biggest superpower in the 80's and made of it a model country for a lot of others and lot people under reagan became rich.

what has ***** o done since he was president? Bail outs and health care that turn to be very bad and irresponsible initiatives. Also by implementing free health care and social security for the ********* to work people and social help leechers, you are getting your country more indebted. Living in the debt is typical of the left.
 
at least the reaganomics made of the US, the biggest superpower in the 80's and made of it a model country for a lot of others and lot people under reagan became rich.

what has ***** o done since he was president? Bail outs and health care that turn to be very bad and irresponsible initiatives. Also by implementing free health care and social security for the ********* to work people and social help leechers, you are getting your country more indebted. Living in the debt is typical of the left.

Reaganomics actually didn't work. People getting rich under Reagan? How did people do under Clinton and Bush? Some people getting rich isn't by any stretch the measure of a successful president. Many people in the oil industry and industrial military complex made fortunes under Bush..but at what cost to the greater economy?

Also, you do understand that it was Reagan who virtually made debt, deficit spending and bailouts household words right?:cool:

At least when Carter bailed out Chrysler in '79 the treasury under Reagan was able to realize nearly $350 million dollars when they paid the loan back. What did Americans get from bailing out the S&Ls during the crisis created in the '80s?

I know I probably lost you after, "Reaganomics actually didn't work." But what does it matter? You tend to make up your own facts anyway.:dunno:
 
Back on topic... I found the following stats by googling yearly salaries and annual pension for the following jobs (see below). I could not find it for every state, so I averaged the ones that I did find. Here are three "government" jobs and the taxes they will pay as opposed to their pension if they live to be 75 years old.

- school teachers average between 75,000-100,000 in taxes paid over a career, but are paid between 1.1-1.3 million in retirement pension.

- an E9 retires from the military having paid around 80,000-90,000 in taxes, but pockets 1.2-1.4 million if they make it to 75.

- a DOT worker pays between 175,000-225,000 in taxes, but pockets 3-3.3 million in retirement at 76 years of age.

With the American taxpayers in the private sector being on the hook for those differences, isn't it time to go to a 410K system for these union employees? I know a lot of you love the unions, but is this not an unsustainable trend and part of the reason that Federal state and local government debt now exceedes the entire US economy?? :dunno:
 
Back on topic... I found the following stats by googling yearly salaries and annual pension for the following jobs (see below). I could not find it for every state, so I averaged the ones that I did find. Here are three "government" jobs and the taxes they will pay as opposed to their pension if they live to be 75 years old.

- school teachers average between 75,000-100,000 in taxes paid over a career, but are paid between 1.1-1.3 million in retirement pension.

- an E9 retires from the military having paid around 80,000-90,000 in taxes, but pockets 1.2-1.4 million if they make it to 75.

- a DOT worker pays between 175,000-225,000 in taxes, but pockets 3-3.3 million in retirement at 76 years of age.

With the American taxpayers in the private sector being on the hook for those differences, isn't it time to go to a 410K system for these union employees? I know a lot of you love the unions, but is this not an unsustainable trend and part of the reason that Federal state and local government debt now exceedes the entire US economy?? :dunno:

Well, just looking at what you cite broadly (not that it's tantamount to this), if you put say $100 into something would you expect to get $100 of of it after 20 or 30 years?

Meaning, that same $100 you put in shouldn't be the same $100 20 or 30 considering GDP won't be the same as it was 20 or 30 years ago.
 
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