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Why does anyone STILL say Reagan "revitalized the economy?!"

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Sparkly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:18 PM
Original message
Why does anyone STILL say Reagan "revitalized the economy?!"
It was BS then and it's BS now!

Yeah, if you take cash advances on your credit card, you'll "revitalize your wallet."

If you buy lots of stuff on credit for four years, "Are you better off now than you were four years ago?" is a great question, as long as you ignore the bill.

Meanwhile if you say lots of cheery things about how great things are, people will have more "pride and confidence" and sing, "don't worry -- be happy."

Reagan and the Elder Bush got us into the mess we are STILL in today. Bush II made it incredibly worse in a short period of time. Now President Obama can only do the very thing they should never have done in the first place -- borrow and spend just to make a start at digging out of it.

And Reagan revitalized the economy?!?!????

Give me a break!! :puke: :crazy:
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:20 PM
Response to Original message
1. They are following through with the myth...
Edited on Mon Aug-02-10 04:21 PM by JuniperLea
Reaganomics... you know, the stuff that George HW Bush called VooDoo Economics... they didn't work with Reagan, they didn't work AGAIN with W. Funny how they didn't listen to HW, and he's not quoted in this discussion either. He also knew it would be bad to go after Saddam Hussein. Maybe I like him more than the GOP does? I know I spent 8 years wishing he were still Prez instead of Jr.
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Sparkly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:24 PM
Response to Reply #1
5. How can anyone hear that and not laugh, sneer, yell, or in SOME way react??
If somebody said, "Green men from Mars with springs on their feet and wheels for hands really got the economy going back in the 1980s," -- whatever the reaction to that should be the reaction to "Reagan revitalized the economy."
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JuniperLea Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:42 PM
Response to Reply #5
10. Amazing, isn't it?
The Low Information Voters also have a Memory Deficiency. Not sure why I capitalized those words... except to make them all the more indelible in my own mind.
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tanyev Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:21 PM
Response to Original message
2. It's become an article of faith in the Republican cultus.
Similar to reciting the Apostle's or Nicene Creed every Sunday in church.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 09:11 AM
Response to Reply #2
22. They recite Reagan Creed
every day on my TV set. Especially Newt Gingrich.
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:21 PM
Response to Original message
3. Because they keep hearing it on the teevee
and they repeat it to other people 'cause they think it makes them sound smart.

Unfortunately for them, the major media are just now starting to let it slip that Reagan was a disaster for them and the whole country.
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Sparkly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:24 PM
Response to Reply #3
6. Do they just not remember?
Were they not paying attention then, or shortly thereafter, or a little while after that, or more recently, or EVER??
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Recursion Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 06:59 PM
Response to Reply #6
17. They remember Ford/Carter era stagflation
And then the Volcker austerity program that did eventually kill it. Then they remember the growth of the service sector that pretty much replaced the death of the manufacturing sector.
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upi402 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:22 PM
Response to Original message
4. Please just do as Reverend Jones says
Just drink the Kool Aid and lay down people.
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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:26 PM
Response to Original message
7. They ignore the deficits because they believe that borrowing for the military makes debt disappear.
If you ever listen to them about the New Deal, they conclude that it wasn't the New Deal that ended the Great Depression is was WWII.

Of course, this is to argue against New Deal programs! What they don't conclude is, "Well, if we had government spending for domestic projects instead of the military, our economy would benefit the same way, only unlike the military, we'd actually have something to show for our money instead of billion dollar jets which are never to be flown..."
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Sparkly Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:28 PM
Response to Reply #7
8. Hah! Like eating standing up in front of the frig makes calories not count.
You're right -- they didn't blink an eye when the Chimperor spent BILLIONS without even budgeting a dime of it.
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FormerDittoHead Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:31 PM
Response to Original message
9. Oh, I forgot, but check out this revisionism I read on a local BBS the other day...
re: why investors aren't hiring...
Banks, investors (big and small), and industry are accumulating very large hoardes of cash right now because they don't know what's coming nationally. Remember, I am a supply sider. When national economic policy certainty returns, the capital will flow again. The IDENTICAL "capital strike" happened in the mid to late '30's as FDR adopted an increasingly populist, anti-business stance. Finally, Morganthau got the courage to stand up to his old friend and neighbor. By '38, things were getting better. The War did not really pull us out of Depression; it was an expensive side trip. The proof that capital flows without government interference was the Truman, Eisenhower, and tax-cutter JFK years, which were one of the best times we've ever had.

You LITERALLY could read volumes and college course to debunk every fairy tale woven here, but I think the point is how they weave these myths up in a self-reinforcing fable.

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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:47 PM
Response to Original message
11. He discovered the power of borrowing to the hilt, while angrily shaking your cane
at profligates, wastrels and spendthrift, "tax-and-spend" Democrats.

Great politics, and great economics - until the bill comes due.
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 04:59 PM
Response to Original message
12. Because they are still clapping and clapping and clapping and clapping
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Overseas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 05:01 PM
Response to Original message
13. Because Republicans own most of our mass media. //nt
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Lesleymo Donating Member (225 posts) Send PM | Profile | Ignore Mon Aug-02-10 06:44 PM
Response to Original message
14. You mean Saint Ronald?
The One who could do no wrong? The One whose name is invoked incessantly by The Ones who hope to be in power soon as long as people don't care that some of The Ones have to write "bread" on their hands so they don't forget why they are standing in line at Kroger?

That Reagan?

He was a great man.

(hi Sparkly!)
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GSLevel9 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 06:45 PM
Response to Original message
15. Bill Clinton's 1990's economy was BETTER than Ronnie's...
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rustydog Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 06:54 PM
Response to Original message
16. You must understand what they are talking about when statements
like that are made...
The comment is about Reagan revitalizing the economy of the Filthy rich. These people do not give a flying F*** about the poor, middle class economy. we are here to serve the rich, period.

You need to know what subject these people are talking about. They love America (Rich America, not our America.)
They want us to pay our taxes so that police and fire departments will continue to respond to their alarms.
They want our taxes to pave the roads they drive on and thanks to Republicans, our taxes pay for their kids to go to "charter" schools.

Again, Reagan did revitalize their economy.
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hankthecrank Donating Member (490 posts) Send PM | Profile | Ignore Mon Aug-02-10 07:11 PM
Response to Original message
18. to them raygun walked on water
doesn't matter if he was all wet
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Vinnie From Indy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 07:50 PM
Response to Original message
19. This one is easy to answer - RUSH LIMBAUGH and Crew
Americans are swimming in a sea of lies, misdirection and deception every single day. It rains down as concentrated propaganda on AM Hate Radio and FOX News and in a more diluted (and dangerous) form from mainstream media outlets. If one needs another example of the power of the special interests that have acquired most of our media, simply look at the Iraq War. Immediately after 9/11 there was hardly an American that thought Saddam had a hand in 9/11. After BushCo decided to go to war, the propaganda became overwhelming. IN few short weeks, a MAJORITY of Americans held the belief that Saddam was involved in the 9/11 attacks. That was no accident. That idea was carefully and deliberately placed into the public mind through saturation and repetition by most every mainstream news organization. That is just one clear example of the power of our corrupt media. There are many more.
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political_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-02-10 08:13 PM
Response to Original message
20. Because the GOP keeps trying to put St. Ronnie in the pantheon of good Presidents.
However, they neglect to realize that St. Ronnie was a horrible leader who lacked intellect, reason and vision. They still haven't learned that putting an actor in office doesn't mean that he is truly fit for the job. Nevertheless, they want to put Reagan's face on the dime, on Mt. Rushmore and other places that would clearly deface the aesthetic and historical nature of the said sites.

And now that Feb. 6 in California is St. Ronnie's day, one has to be bombarded with lies and whitewashing about that horrible man. If we are forced to remember what he meant to this nation on that day, I would like to bring up his penchant for welfare queens, busting unions and trading arms under the table. Let us not forget that a lot of families lost their jobs and suffered as a result of his "trickle down economics". To make a long story short, whenever the Rethugs force us to honor this man it behooves everyone to unroll a long list of Reagan's sins and crimes so people do not forget the true legacy of this so-called president.

If he had made any mark, St. Ronnie deserves to be known for bringing America down to its knees, paving the way for its desecration by the Bushes and their cronies.
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Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-03-10 09:08 AM
Response to Original message
21. The Republicans are in a pickle.
Aside from 19th century Lincoln they have no presidents to hold up as an example of a 'good' Republican president, an icon. So, they have had to bolster and exaggerate Reagan's achievements into this mythological wonder-president. Unfortunately for the Republicans, Reagan doesn't hold up under scrutiny. But that won't stop them from saying it.
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