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#7345 - anonymous (08/21/2012) [-]
Republicans Pre-Reagan were actually quite good and had a modicum of intelligence what the hell happened.
User avatar #7414 to #7345 - reaganomix (08/22/2012) [-]
When it comes to a program like Social Security, we need to realize that it is unsustainable in the long run and in a couple of years, people will be taking more out of social security than is going into the system. This will lead to an increasing larger deficit and the system isn't all that good when compared to alternatives. No one here should expect the money they put into the system back. I don't understand why people support farm programs. All this does is hinder competition coming from other nations and making it harder for foreign farmers to make a living and it stops competition.

Ike was a good President, but stuff has changed since the 50's.
User avatar #7368 to #7345 - SgtObvious (08/21/2012) [-]
The liberals took over the media
#7380 to #7368 - anonymous (08/21/2012) [-]
Prove it.
#7365 to #7345 - repostsrepost (08/21/2012) [-]
Pre Reagan Republicans post Depression were terrible. What was so great about Nixon and Ford? They both fought to unconstitutionally expand the central government. I haven't looked that much at Eisenhower but if that quote is any indication it shouldn't be any different. From Nixon we have the EPA, which now has granted itself the authority to use drones to spy on farmers and unilaterally dictate industrial policy. Barry Goldwater would have been an amazing president. It wasn't until Reagan that limited government ideals worked its way into the Republican mainstream again. What's the result? Reagan is one of the most popular presidents in US history. The Bushes fucked that up with their big government policies though.
#7367 to #7365 - anonymous (08/21/2012) [-]
#7377 to #7367 - repostsrepost (08/21/2012) [-]
Before you get into Reagan's economy you have to look at the federal reserve. Jimmy Carter appointed Paul Volcker to Chairman of the Federal Reserve. Jimmy Carter's economy was troubled with stagflation, that means rising unemployment and high inflation, a phenomena which Keynesian orthodox economists believed impossible(look up Phillip's Curve) Paul Volcker slashed the money supply drastically which caused the recession Reagan inherited and continued until 1982. The money supply needed to be cut to stop inflation, but Volcker cut the money supply way too drastically because the instruments they were using at the time to measure the money supply were outdated and inaccurate causing recession. Now that ended, as recessions do quickly if you refrain from so called stimulus spending and public works programs, and the rest of Reagan's terms experienced an average growth rate of 4.2%, one year it was as high as 7% and lower inflation than under Carter. There is little he could do about the debt considering the bloated welfare programs is money that must be spent under law unless you have institutional reforms and the Democrats who controlled Congress the whole time refused to cut the spending. Also he cut taxes which is always a good thing.
#7382 to #7377 - anonymous (08/22/2012) [-]
Is it wrong the only part that I believe was your words was the "Also he cut taxes which is always a good thing"
#7375 to #7367 - anonymous (08/21/2012) [-]
Reagan is the Republican party's FDR. His own party loves him but the other party ranks him as the worst president in history.
#7413 to #7375 - largenintimidating (08/22/2012) [-]
Only the most diehard Republicans rate FDR as bad. The guy is still #2 in most surveys that rate presidents, outranked only by Lincoln, who he occasionally switches places with.
#7360 to #7345 - largenintimidating (08/21/2012) [-]
People forgot the Great Depression, or more specifically, the majority of voters became too young to remember it.
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