Ronald Reagan and the Bottom Half


	Ronald Reagan and the Bottom Half

dmegivern

2-10-2009 11:04 AM

334 views

tags:

reagan, economy, policy, poverty

dmegivern says:

How did that supply side economics work out?

2 Comments |

Add a Comment

2-10-2009 7:47 PM

Richclips777

Weird situation that such idolatry for RR persists even in light of all that administration's botched policy and negative residual effects.

2-10-2009 9:47 PM

dmegivern

Well, most of the people in Jonestown did not let go of their idolatry of Jim Jones even after many signs it was time to let go.

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from February 10, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ce44a152-17a0-4e86-b843-4307c76510b3/BEA0EE78-C2CA-4F0F-861D-36BC02A95D14/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.thirdworldtraveler.com/Ronald_Reagan/Ronald_Reagan_Legacy.html" href="http://www.thirdworldtraveler.com/Ronald_Reagan/Ronald_Reagan_Legacy.html" style="font-size: 11px;">www.thirdworldtraveler.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thirdworldtraveler.com/Ronald_Reagan/Ronald_Reagan_Legacy.html"><H1><CENTER><FONT face="Tahoma">Ronald Reagan's Legacy</FONT></CENTER></H1>
<H2><CENTER><FONT face="Tahoma">His destructive economic policies
do not deserve the press's praise.</FONT></CENTER></H2>
<H3><CENTER><FONT face="Tahoma">by John Miller </FONT></CENTER></H3></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thirdworldtraveler.com/Ronald_Reagan/Ronald_Reagan_Legacy.html">lopsided distribution
of the benefits of Reagan era economic growth. Investors made
out during the 1980s, while workers lost out. After seeing their
investments lose value during the 1970s, shareholders enjoyed
real returns (i.e., adjusted for inflation) in the 1980s that
rivaled those of the next decade's stock market bubble and far
outdistanced the returns of the 1960s. Real weekly wages for nonsupervisory
workers, on the other hand, took a beating, declining even more
quickly than they had during the 1970s. Today, the average real
earnings of nonsupervisory workers remain far below those of 30
years ago, despite healthy wage gains in the second half of the
1990s expansion, when unemployment rates dropped toward 4%.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thirdworldtraveler.com/Ronald_Reagan/Ronald_Reagan_Legacy.html">bottom 40% of households paid
out more of their income in federal taxes in 1988 than they had
in 1980</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/BEA0EE78-C2CA-4F0F-861D-36BC02A95D14/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips