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| Quote "It has been said that politics is the second oldest profession. I have learned that it bears a striking resemblance to the first." |
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Reagan Said He Was Going to Cut Up the Congressional Credit Card to Borrow Money to Run the Country On ... - He did NOT ... |
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| National Debt Building Started With Ronald Reagan |
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Legacy - Reagan Gave the Green Light The Go Ahead to Red Ink the U.S. ... .
Reagan described the New Debt as his "Greatest Disappointment" of his presidency...
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In order to cover the growing federal budget deficits, the United States President Reagan BORROWED HEAVILY both Domestically and Abroad, raising the national debt from $500 billion to $3 trillion during the Reagan years, and in fact, raised the debt ceiling 17 times ...
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The Theory of Supply-Side Economics - Didn't Work for Reagan the Creator and Not Working Today ... Borrowed money simulated the Economy during the Reagan years NOT Tax Cuts on the Wealthy.
Today US Companies are Banking 10s of Trillion of Dollars in Profits and Still NOT Hiring ...
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The theory of supply-side economics tells us that if you cut taxes on rich people and corporations, the newly liberated moguls and businessmen will take their windfall and invest it, creating jobs and accelerating the rate of economic growth.
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The Truth ...
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Ever since Ronald Reagan first attempted to make supply-side economics a reality and proceeded to inaugurate an era of persistent government deficits and growing income inequality, it has become harder and harder to make the trickle-down argument with a straight face.
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But we’ve never seen anything quite like the disaster that’s playing out right now ... Companies are Banking Trillions while average American is unemployed and falling further behind each today ...
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Reagan Was Against Labor Unions in the U.S. ...
Example - August 5, 1981 - Reagan firing of nearly 12,000 striking air traffic control workers ...
But at the same time he was Destroying the US Labor Base ...
Reagan Signed The Trade Agreement with Red China putting 100s of Million of Communist Chinese to Work ...
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Apr 30, 1984 - President Reagan concluding his trip to Communist China by signing agreements for the first official trade agreement with Communist China, a cultural relations agreement, and a nuclear cooperation pact ...
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Where the In-Balance of Trade All Started With Communist China ...
Actual Video of Reagan Signing Very First Trade Agreement with China YouTube- Click Here ...
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GOP US President Nixon Opened The Door to TRADE with Red China in the Early 1970's ...
Prior to Richard Nixon all Trade with RED China was Banned - Against THE LAW ...
Reagan Signed The First Official Trade Agreement with COMMUNIST RED CHINA ...
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President Reagan's Remarks at a Signing Ceremony for United States-RED China Trade Agreements April 30 1984 - Click Here ...
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China Today ...
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| China 2011 |
- GDP Sales of $10.2 Trillion Dollars ...
- All most 85% of the $10 Trillion is US Sales Dollars ...
- All most 85% of the $10 Trillion is US Sales Dollars ...
- FYI - China Almost 100% DEBT FREE ...
and has GOOD CREDIT RATING NOT like the USA ...
and has GOOD CREDIT RATING NOT like the USA ...
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PLUS ...
- 780 Million People are Working Daily in China ...
- China's Unemployment Rate is at 3.5% ...
- Growth rate of around 10% a yr ...
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It was GOP President REAGAN all the time ... The culprit ...
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Nixon de-criminalized TRADE TALKS with RED China and promised RED China he would do more ...
Prior to Richard Nixon all Trade with RED China was Banned - Against THE LAW ...
Prior to Richard Nixon all Trade with RED China was Banned - Against THE LAW ...
Nixon ALSO created OSHA and EPA to lock up US Manufacturing so they could NO Longer Function ...
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Illusionist GOP President Reagan used Sleight of Hand. Having the US keep it's eye on the USSR ...
While behind "literally" CLOSED DOORS ...
GOP President Reagan jump started Today's RED Chinese Communist Empire with the First Trade Agreement and several other Trade Agreements with the REDS !!!
Which destroyed the US labor base of good paying jobs, unions, and US manufacturing base ...
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Reagan Made the USA a Nation of RETAILERS selling COMMIE PRODUCTS for RED China ...
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GOP President Bush 2000-2008 while he talked down communism to our face, and behind our backs and closed doors he borrowed trillions from RED Chinese Communist Empire and other questionable foreign sources ... Bush de-regulated Trade made it easier to Trade with the RED Chinese Communist Empire ...
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The mainstream GOP are Commie Lovers ...
