Showing posts with label Ronald Reagan. Show all posts
Showing posts with label Ronald Reagan. Show all posts

12.08.2014

The Nine Most Terrifying Words

The Department of Social Justice - Federal officials lectured Ferguson residents about “white privilege.” 

Excerpt:


As investigators combed through Ferguson, DOJ’s Community Relations Service began holding the town-hall meetings, which excluded press and everyone from out of town. Ferguson resident Audrey Watson, 47, attended one of the meetings. She says federal officials organized the attendees into small groups and asked questions such as “What stereotypes exist in our community?” “How does white privilege impact race relations in our community?” and “Is there a need for personal commitment to race relations?” Hundreds of people attended the fall meetings, including Ferguson mayor James Knowles III, who says many people at the initial meetings were angry and screaming. Knowles says the Community Relations Service officials told him they had previously responded to Trayvon Martin’s death in Sanford, Fla., and that they were there to help. During the meetings, he says, the DOJ officials talked about underlying racism that people may not perceive, and the issue of white privilege. “I mean, I think it was really just trying to get people to understand what that [white privilege] means, because the average white person wakes up and says, if you’re just a middle-class white person, you say, What privilege do I have?” Knowles says. “But until you really understand the systemic issues and maybe some of those not-visible things that exist in society, which affect African Americans or other persons of color, you may not really understand what that is.”
Comment: Prophetic words from Reagan!

10.25.2010

Jimmy's Rose Colored Glasses

America hasn't improved much over past 3 decades, Jimmy Carter says

Excerpt:

America is no better off now than it was in the late 1970s and early 1980s, says former President Jimmy Carter. From national politics to relationships with other nations, there is a lot of room for improvement.

"We had almost complete harmony with every nation on Earth," the Nobel Peace Prize winner said of his administration. "We not only preserved peace for our country, we never went to war. We never dropped a bomb. We never fired a missile."

Comment: The world improved immensely when the Gipper was elected!

2.10.2009

WSJ: Reaganomics vs. Obamanomics

Reaganomics vs. Obamanomics

Excerpt:

In his inaugural address, President Barack Obama said, "The question we ask today is not whether our government is too big or too small, but whether it works -- whether it helps families find jobs at a decent wage, care they can afford, a retirement that is dignified." Or as administration spokeswoman Stephanie Cutter said in January, the touchstone is, "What will have the biggest and most immediate impact on creating private sector jobs and strengthening the middle class? We're guided by what works, not by any ideology or special interests."

Unfortunately, this rhetoric is not true. Mr. Obama's economic policy is following not what has been proven to work but liberal ideology.

The best way to understand this is to compare what's being proposed now with what Ronald Reagan accomplished. In 1980, amid a seriously dysfunctional economy, Reagan campaigned for president on an economic recovery program with four specific components.

The first was across-the-board reductions in tax rates to provide incentives for saving, investment, entrepreneurship and work. The second component was deregulation to remove unnecessary costs on the economy. In today's world, that would especially mean removing the onerous restrictions on energy production -- allowing drilling offshore and onshore for oil and natural gas, revival of the nuclear power industry, and construction of more electric power plants.

Third was the control of government spending. In 1981, Reagan forced through Congress not only his famed, historic tax cuts, but also a package of budget cuts close to 5% of the federal budget -- equivalent to roughly $150 billion today. In constant dollars, nondefense discretionary spending declined by 14.4% from 1981 to 1982, and by 16.8% from 1981 to 1983. Moreover, in constant dollars, this nondefense discretionary spending never returned to its 1981 level for the rest of Reagan's two terms. By 1988, this spending was still down 14.4% from its 1981 level in constant dollars.


Comment: A worthwhile read. I pray that a new generation of Reaganites will revive the Republican party!

11.24.2008

"Eventually"

Reaganomics Finally Trickles Down To Area Man

Excerpt:

Twenty-six years after Ronald Reagan first set his controversial fiscal policies into motion, the deceased president's massive tax cuts for the ultrarich at last trickled all the way down to deliver their bounty, in the form of a $10 bonus, to Hazelwood, MO car-wash attendant Frank Kellener.

"Back when Reagan was in charge, I didn't think much of him," Kellener, 57, said, holding up two five-dollar bills nearly three decades in the making. "But who would have thought that in 2007 I'd have this extra $10 in my pocket? He may not have lived to see it, but I'm sure President Reagan is up in heaven smiling down on me right now."

Leading economists say Kellener's unexpected windfall provides the first irrefutable proof of the effectiveness of Reagan's so-called supply-side economics, and shows that the former president had "incredible, far-reaching foresight."

"When the tax burden on the upper income brackets is lifted, the rich and not-rich alike all benefit," said Arthur Laffer, who was a former member of Reagan's Economic Policy Advisory Board. "Eventually."


Comment: Humor ... the Onion (need I say more!)