Posted on 12/20/2017 12:21:33 PM PST by Kaslin
Millennials do not remember Ronald Reagan’s tax cuts from the 80’s. It might as well be Roman history to them.
But the Dems know they will now see what it will do to their pockets, their jobs and their lives and the Dems are in panic mode.........................
They don’t know Roman history either.
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Is history even taught in schools anymore?
I remember it very clearly.
It was a wonderful time. The Democrats fought him every step of the way. Tax cuts for the rich, trickle-down economics, voodoo economics, etc., etc.
Reagan didn’t care. Didn’t pay attention. He laughed off direct attacks. His nemesis was a goofy reporter named Sam Donaldson, who seemed to see it as his sacred duty to needle and belittle Reagan.
Today, of course, the entire MSM is made up of nothing but Sam Donaldsons, only worse, because (to the best of my recollection, Sam Donaldson didn’t make anything up).
Eventually, it came out that Donaldson owned a ranch and was getting “Mohair subsidies” from the federal government. This made him seem even sillier, and hypocritical to boot.
The thing is this: not much happened in Reagan’s first year in office (’81), but in his second and third year the economy began to run, and then fly, and then take off like a rocket ship.
The MSM-Democrats tried to talk it down, divert the people’s attention, change the subject, talk about “hamburger flipper jobs” and the relative performance of the various “quintiles,” but by ‘84 (election year for Reagan’s second term), no one with any sense at all could deny that the economy was a gigantic frat party, with loud music and fireworks shooting out of every window, and the roof.
It didn’t matter what the nattering nabobs of the MSM said, everyone could see that things were going bonkers in the economy. People were feeling better than they had in years, and there was a resurgence in patriotism and national pride. The Space Shuttle and the coming wave of computer technology was helping with this (the IBM PC hit the market in August of 1981).
It was like a flower opening after many years of dormancy, beaten down in the corner of the yard, dirty, looking barely alive.
Also people don’t remember the Reagan years because many werent born yet. It was 37 years ago.
Reminds me of the days when the Democrats were screaming about Reagan’s “BLOATED TAX cut!”
If all you had to listen to were the Democrats, you would be so depressed you’d want to kill yourself.
I don’t think they were even around, and I doubt they learned in school about it.
or Greek history. They probably hardly know American history
Nice summary. I remember what you remember.
Exactly. The millennials know nothing but what they see on their smartphone screens......................
All of that tax cut to the middle class is going to get spent in the economy on actual consumer choices. It’s not going to be some bureaucrat throwing a failing solar company a billion bucks and then having it fail anyway.
It will be actual consumers buying things they actually want and making choices in the market place. So, shoes or high tech house controls, those businesses are going to get new orders. Things people actually care about are going to take off.
But Kardashian history? Totally memorized.
Thanks Kaslin.
Most Millennials do not know why their generation is called "Millennials". I am not kidding. Go ask one.
Just read online how because of this tax cut Wells Fargo will be raising the hourly wages for their employees to 15 bucks an hour..see Nancy Pelosi, NO ONE DIED..Wells Fargo employees will be getting a higher wage..MERRY CHRISTMAS!
I was in the Navy at the time and I suspected Reagan was going to get some good things done. I had no idea of just how good he was until after he left office. Up until Trump the rest have been awful.
It was a wonderful time. The Democrats fought him every step of the way. Tax cuts for the rich, trickle-down economics, voodoo economics, etc., etc.
Reagan didn’t care. Didn’t pay attention. He laughed off direct attacks. His nemesis was a goofy reporter named Sam Donaldson, who seemed to see it as his sacred duty to needle and belittle Reagan.
"Now, I knew I was in for it when the hostile critics dubbed our economic plan Reaganomics. They said we couldn't do it. But while the naysayers complained, we went to work.Today inflation has fallen from more than 12 percent to 1.8 percent for the last 12 months. Interest rates are down. Mortgage rates are down. And we've seen the creation of almost 11.7 million joqbs in less than the last 4 years -- more jobs than Western Europe and Japan put together have created in the past 10 years. You know, I really, though, found out our economic plan was working when they stopped calling it Reaganomics."
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