Top reasons Reagan sucks, go!

[TheFarseer]

I got into a debate with my cousin and we said to be continued . . . next time Reagan debate!

[TheFarseer]

1. What? to late for this topic?

Or too soon to pick on a dead president?

[Tunkamerica]

2. Hasn't Reagan been dead for years?

I assume you're talking about Ronald. What's the point? And wouldn't it be "sucked"?

[TheFarseer]

4. the point is we're debating!

I didn't bring up St Ronald but I'm going to say he sucks/sucked if someone brings him up.

[Bloke 32]

11. Living in the past, are we?

I could tell you things about Mrs Thatcher's regime which would curl your hair, but, in point of fact, what is the point of fact?

[Riley18]

17. Because he began the destruction of unions on a federal level.

He said ketchup is a vegetable if you are a poor kid. Trickle down economy theory put into practice.

[Riley18]

18. Almost forgot that he also created the welfare mom in a Cadillac lie.

[Orrex]

3. Because he gets smarter with each passing year.

[Kalidurga]

5. Trickle(D)o(w)n Economics

The beginning of the end of prosperity began when Reagan started coddling the rich so our economy could bleed hundreds of thousands of well paying factory jobs.

[lifesbeautifulmagic]

6. because he made it just so cool to hate on the poor

because he defended Grape Flavored Rat Poison

because he ignored the AIDS epidemic until it got truly out of control

because he said ketchup was a vegetable

just off the top of my head.

[Liberty Belle]

7. He tried to abolish the Bureau of Indian Affairs and did cut healthcare and jobs on reservations.

Also during a visit to Russia, he answered a question and insulted every Native American by stating they should become citizens -- and of course, they already were.

He has no fans among the Native Americans.

[Lydia Leftcoast]

8. He cut taxes on the wealthy and corporations while paying for them

by removing tax breaks that used to accrue to the middle class.

By cutting taxes on the corporations, he indirectly gave the shareholders a windfall. They started demanding ever-increasing profits, forgetting that investment is a gamble, and executives had to comply or be ousted. This was a major incentive for slashing jobs, moving production overseas, making shoddier products, cutting customer service, etc.

The Republican lie is that low taxes create jobs, when in fact, employee expenses are paid with *pre-tax* income, so hiring people, paying and training them and giving them benefits actually lowers a company's taxes. It does, however, decrease the shareholders' dividends, so it has to be minimized.

[KansDem]

12. Let me see if I understand this...

The Republican lie is that low taxes create jobs, when in fact, employee expenses are paid with *pre-tax* income, so hiring people, paying and training them and giving them benefits actually lowers a company's taxes. It does, however, decrease the shareholders' dividends, so it has to be minimized.

So if a company made $100,000 and spent $50,000 on hiring, paying, training, and benefits, then the company would pay tax on the other $50,000? ("pre-tax")

I can see how this would save the company money in terms of paying less taxes and having a healthy, well-motivated work force that would do much to assure better products, services, and sales, but what chunk does the investors dividends come from? The remaining $50,000?

If so, then if the company managed to cut employee expenses to $25,000 (slashing jobs, moving operations overseas, etc.), the investors' dividends would come from the remaining $75,000, the amount the company would also have to pay taxes on?

[Lydia Leftcoast]

20. Yes, that's right, the dividends come out of what is left after taxes

Some goes to dividends, and some goes into retained earnings.

The lower the tax rate, the less motivation there is to forestall taxes by reinvesting in the company.

It's interesting to note that Japan's period of highest growth coincided with its having some of the highest corporate tax rates in the world. With high taxes, there was no motivation to show a large profit, so companies reinvested most of their earnings.

[LaydeeBug]

9. Ketchup is a vegetable. nt

[JohnnyRingo]

10. Dancing on his grave:

Too soon?

Just imagine it's the collective graves of union workers.

[KansDem]

13. "Trees cause pollution"

That one always baffled me!

[shotten99]

14. Firing the air traffic controllers.

[MrSlayer]

15. Union busting.

Welfare Queens.
Ignoring AIDS.
Outsourcing.
Iran/Contra.
Trickle Down.

[Rectangle]

16. He Tripled the National Debt in his 8 years. It was under a Trillion when Carter

left...When Reagan left it was 3.5 trillion!!
We were the largest CREDITOR nation in the world when he came in,
then became the largest DEBTOR nation when he left!
Tell him to thank Jimmy Carter for holding the line on the debt!!

[pampango]

19. Union busting, deregulation and tax cutting for the rich. n/t

[RUMMYisFROSTED]

21. He taxed gratuities.

[ThatsMyBarack]

22. Finger. On. Button.

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