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To: Theodore R.

Reagan and the Republican congress actually ended a lot of policies started by Carter or before Carter: they ended “windfall profits taxes” on oil producers, shut down Carter’s government-run synthetic fuels corporation, ended some ineffective government jobs programs, and very importantly, they cut income tax rates dramatically and indexed income tax brackets to inflation. Those tax cuts and indexation gave a big boost to the economy as it rebounded up from the 1982 recession.


547 posted on 11/21/2009 6:02:26 PM PST by your local physicist (If the Canadians and Brazilians can drill for oil off their Atlantic coast, why can't we?)
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To: your local physicist

yeah. That is true. If we do get the right people back into power. We can still reverse things.


553 posted on 11/21/2009 6:09:43 PM PST by Mozilla
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