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To: beyond the sea

Hey, does anybody remember what bad shape the U.S. was in just before Reagan was elected? The outlook for our economy could hardly have been worse, with double-digit inflation, double-digit interest rates, rampant unemployment, and a depressed stock market. Jimmy Carter went on TV and announced we were all suffering from some kind of mysterious "malaise."

Reagan turned it around overnight simply by cutting taxes. Suddenly we were productive and upbeat again. People worked harder than ever because the government allowed them to keep more of their own money.

It will happen again.


61 posted on 03/01/2005 12:25:38 AM PST by Liberty Wins (Life, Liberty, and the pursuit of all who threaten it.)
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To: Liberty Wins
re: Reagan turned it around overnight simply by cutting taxes. Suddenly we were productive and upbeat again. People worked harder than ever because the government allowed them to keep more of their own money. It will happen again. -----

Hope you are correct.

87 posted on 03/01/2005 12:54:09 AM PST by beyond the sea (Barbara Boxer is Barbra Streisand on peyote .....)
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To: Liberty Wins
Reagan turned it around overnight simply by cutting taxes.

1) We've HAD our tax cuts.

2) Bush is no Reagan.

Reagan's one huge mistake was getting talked into putting Bush Sr. on his ticket. That apparently small decision changed the course of our history .... leading to 8 years of Clinton followed by 8 years of neocon domination.

215 posted on 03/01/2005 5:13:00 AM PST by iconoclast (Conservative, not partisan.)
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