On Feb 10, 3:48*pm, Dave LaCourse wrote:

Reagan in the 80s. *Economy recovered.

From the new book, "Tear Down This Myth" by Will Bunch:

"His 1981 tax cut was followed quickly by tax hikes that you rarely
hear about, and Reagan's real lasting achievement on that front was
slashing marginal rates for the wealthy - even as rising payroll taxes
socked the working class. His promise to shrink government was uttered
so many times that many acolytes believe it really happened, but in
fact Reagan expanded the federal payroll, added a new cabinet post,
and created a huge debt that ultimately tripped up his handpicked
successor, George H.W. Bush. What he did shrink was government
regulation and oversight - linked to a series of unfortunate events
from the savings-and-loan crisis of the late 1980s to the sub-prime
mortgage crisis of the late 2000s."


Sorry for the cut & paste, but I took the easy way out instead of
writing it myself. It's been long understood that the Reagan "legacy"
was mostly bull**** concocted as a GOP marketing tool rather than
based on what actually happened under his administration. (And Iran-
Contra is always conveniently omitted from his "legacy".) He's
remembered for his first year tax cuts, but he increased taxes in each
of his subsequent seven years in office. Reagan's real strength and
success was in connecting with the people; but his actual
accomplishments were less than stellar in many ways.

Bush in the 00s. Economy recovered.

Huh? A tidy surplus to a defecit, **** poor job creation for eight
years, now the worst economic crisis since the Great Depression? This
you call an economic recovery? I'm willing to give Saint Ronnie a
little credit; but Bush has been an epic disaster for the economy.

I realize you may be doing okay; but surely you don't see the present
crisis as an economic recovery for America.

Joe F.