Don't forget the war on drugs
Leeja Miller on Youtube has a great video about how shitty Reagan was. She also has REAGAN RUINED EVERYTHING t-shirts! https://youtu.be/l7dHvqA-WB4
this post was submitted on 20 Mar 2025
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Reaganomics! SMH.
To quote the poet Killer Mike: " I'm glad Reagans dead"
"Ronnie Raygun
Perhaps the most charismatic leader of recent times, Ronnie is completely out of touch with reality. He started his career as an organ grinder. Ronnie's partner was a super-intelligent chimpanzee, named Nancy, that he rescued from a genetic research lab. The chimp ran every aspect of Ronnie's life, the superior intellect clearly asserting itself. Nancy wanted revenge against genetic researchers and forced Ronnie to run for national office. Soon after Ronnie assumed power, Nancy died, leaving Ronnie without guidance. Under Ronnie's tenuous grasp, his country no longer heads anywhere."
"Warmonger
This is a straight-forward personality. Warmongers will be your friends so long as you help them nuke their enemies. Use wimpy propaganda or attack them or one of their friends, and they will happily nuke you until only swirling, radioactive dust clouds inhabit your cities.
The two Warmongers are Ronnie Raygun and Prime Minister Satcher, and they are both relatively easy to control."
This comic of Subnormality seems to fit this humor style.
Indeed very fitting! Thank you
Republican ~~presidents~~ politicians are a pox on this country.
and we love (/s) what he did to sunny CA slashing property taxes by slashing the public education budget helping lead to a continuing decline in our education system.
Let's not forget the treason of letting Oliver North! Besides everything else, North's Contras were drug smugglers who brought in so much cocaine that coke went from being a luxury to a street drug in just a few months.
https://en.wikipedia.org/wiki/Crack_epidemic_in_the_United_States
Youtube video https://youtu.be/Mb1GfP5Rwys
He was president of the Screen Actor's Guild; a solid union man. /s
The point is, functioning unions are necessary to keep the economy working in the public interest. But not all unions are interested in doing that.
I'm willing to bet that trump beats those numbers
Congress approved the budgets that created all of that debt. Congress was controlled by the democrats the entirety of his time in office. Congress approves of all tax legislation. It's almost as if the democrats aren't any less inclined to support the wealthy.
Congress dropped the top marginal tax rate from 70% to 28% and gained more tax revenue when it was set to 70%. This is because the brackets at that high of a level heavily incentivized rich people to engage in tax evasion or tax avoidance schemes. Removing this high tax rate made the government more money because fewer people cheated on their taxes. This has only worked once and there's no reason to believe further reductions to the top rate would create similar revenue increases.
The missiles sold to Iran were non-functional. The bigger problem was either using the profits from the sale to fund the Contras as we were destabilizing a foreign power for the crime of wanting less capitalism.
What Reagan's real crime was setting Americans against their own government. He was able to push through the destruction of a huge portion of the safety net we had for people under the guise of cleaning up corruption.
This macro is a mess.
So the solution to people committing massive tax fraud is to lower taxes? Not to throw them in jail? 🙄
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Reagan's policies expanded wealth inequality, exploded the deficit, and created a narrative that still fuels anti-government rhetoric today.
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Congress dropped the top marginal tax rate from 70% to 28% and gained more tax revenue when it was set to 70%.
anyone have a source for this claim of increased revenue? if so, was it just a temporary effect with longer term structural implications? besides, wouldn't the solution to evasion have been increased enforcement? taxes aren't just about revenue, they're a redistributive force in the economy and arguably their main purpose isn't to fund the government but to prevent the obscene accumulation of wealth and reduce inequality.
your argument falls flat upon historical analysis. if high tax rates were bad, and lowering them 'fixed it' then explain all the massive social benefits from 1940-1980:
Taxing the ultra rich is how America funded higher education, built the highway system, funded social welfare, uplifted 2 generations, built a global manufacturing and technology economy, and created a prosperous middle class. this all happened before Reagan and coincide with top marginal rates between 50-95 percent.
inequality has skyrocketed since Reagan and the policies which dismantled new dealism. I hate the Democrats who helped facilitate the rise in inequality and the gutting of social welfare programs (Clinton especially) but to claim that reducing the top marginal rates was an unequivocal good thing is a pretty extreme narrowly focused claim. those who say so based on a loosely held 'I've done the math' argument are merely using a rhetorical gotchya - it's not a sufficient socioeconomic historically supportable argument. if it was, show me all the benefits that increased tax revenue provided from 1990-present. I'll wait.
low tax rates are precisely how we got to people like Trump, Musk, Buffet, Zuckerberg, Bezos, Thiel and the incredible rise in number of hundred millionaires and billionaires who are now destroying our social safety nets even more so they can flatter their egos and act out middle aged divorced guy power fantasies.
inequality is why people can't afford things and is presently the single biggest problem of our society. taxes do make a difference in combatting that. Regean had a role in creating this system, whether you like it or not.
the power to tax is the power to destroy. we build prosperity by keeping oligarchs in check.
anyone have a source for this claim?
This was the 1983 tax cut. The longer term implication was people realized Laffer’s suggestion that there is a top rate that is so high it promotes evasion, avoidance and fraud was demonstrated to be likely true. A negative outcome was the GOP claiming further cuts would do the same when there’s no reason to believe it would.
taxes aren’t just about revenue, they’re a redistributive force in the economy and arguably their main purpose isn’t to fund the government but to prevent the obscene accumulation of wealth and reduce inequality.
Presuming this is a serious statement, why do you think this is the case instead of them funding the government which is what taxes have always been about? We didn’t care much about wealth inequality until the last 200-300 years. The ruling class has always cared about taxes.
if high tax rates were bad, and lowering them ‘fixed it’
It didn’t “fix” anything. The higher rates led to lower tax revenues. The cuts provided more.
then explain all the massive social benefits from 1940-1980:
1946-1980 as 1940-45 are war years and aren’t as great.
The US made up roughly 40-55% if the total GDP of earth in that time. As WWII destroyed the industrial capacity if most nations the USA and to a lesser extent the Warsaw Pact nations were the only ones manufacturing heavy equipment. By 1980 most of the world has either developed for the first time their own industry or revoltp what they had. This massive gap between the US population and everyone else is why things were so good.
inequality has skyrocketed since Reagan and the policies which dismantled new dealism. I hate the Democrats who helped facilitate the rise in inequality and the gutting of social welfare programs (Clinton especially) but to claim that reducing the top marginal rates was an unequivocal good thing is a pretty extreme narrowly focused claim.
There’s no “good/bad” in economics because it’s social science not a religion or moral code. I said it brought in more tax revenue which is accurate.
Inequality has skyrocketed because of anti-union sentiments and the fact that between 1991 and 2003 1/3 of the total labor pool of earth could suddenly be hired by Westetn companies (the fall of the USSR, liberalizations within China and India moving away from socialist economic policies drove this).
those who say so based on a loosely held ‘I’ve done the math’ argument are merely using a rhetorical gotchya - it’s not a sufficient socioeconomic historically supportable argument. if it was, show me all the benefits that increased tax revenue provided from 1990-present. I’ll wait.
No one is saying this. Your grasp on this history is flawed. You even have gone so far as to suggest taxes aren’t primarily about funding the government which is frankly “novel”. I wouldn’t be taking any kind of authoritative tone on this subject if I were you.
I have to work but I’ll tackle the second half later.
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