Death Penalty Week
Supposedly it's some kind of Death Penalty Week. I read about it in my Cornell Catholic Bulletin. That's why there were all the liberal hippies passing out fliers in Ho Plaza this week. The liberal activists up here are starting to get on my nerves. First, I was in the grocery store and this family behind me in line was talking about when they
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First, let’s take a look at economics under Reagan. Yes, Reagan did cut taxes on the highest income bracket, which if you look at the numbers lowered inflation drastically by almost 10%. Also, Reagan expanded the “earned income tax credit (EITC)” in 1986 which actually exempted most of the poor from the individual income tax. Democrats love the EITC. Clinton also expanded it during his term in 1993. It now lifts 4.3 million people out of poverty each year. But guess who got it rolling-Reagan. A quote from economist Al Hunt states, “Reagan’s decision to expand it was the most important anti-poverty measure enacted over the past decade.”
Also in terms of economics, Reagan closed about $300 billion worth of corporate tax loopholes, so I imagine that helped the economy a tad. I mean, it seems reasonable to me that instead of charging the people who were not lazy in high school and went to decent colleges, they should tighten the regulations on corporate taxes so that companies don’t scam the IRS. I would think that democrats would like that.
In response to the “crash of 1987,” the effects of it were no where as devastating as expected as we had a strong leader as President. No depression, big or small resulted from it, and, in retrospect, it is actually seen as a “marvelous buying opportunity.” In the following decade, interest rates declined, and investors displayed a renewed trust in the market. (The Economist, pg 13). Investors returned to the market as it made a comeback and began to rise. (http://www.detnew.com...). And whose legacy is this comeback? Why, Reagan’s! Also, has everyone forgotten about the stock market crash in 2000, which was Clinton’s fault as he caused the technology stocks to sky-rocket until the “tech bubble” burst?
As for the Soviet Union already in the decline... that makes it just a ticking time bomb. Reagan did the right thing. The Cold War was still very much alive during his term, and the arms race was a very ingenious method of ending it. It was definitely worth the cost. And it wasn’t about fighting in future wars, it was about scaring them. Reagan didn’t want to get into a massive tank battle with the Soviet Union… or a “dog fight.” Oh, and I could point out that according to top strategic analysts, the Soviet answer to slowly falling apart involves tanks rolling over the German border (Jane's Defense Weekly)…
plus a couple of 4 and 5 star generals and admirals.
Finally, I just want to throw in there that the purpose of government is to protect the rights of its citizens and to preserve justice. The basic rights of the people are life, liberty, and the pursuit of happiness. The pursuit of happiness. The government is not there to make the people happy; they have to do that on their own. That’s the problem with American society. Everyone wants immediate results. Everyone wants to do whatever makes them feel good. Are your rights preserved? Yes. You should be overjoyed that you are lucky enough to be free unlike so many other people in the world.
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More exactly to respond to each of your paragraphs in order:
The key is in 1986 he exempted poor families from taxes, the social and economic damage had already been done for the last 5 years. The seperation between rich and poor grew, rather than shrink, as it had under each president since McKinley and the closing of the Guilded Age of Robber Barons. 4.3 Million families were exempt from taxes... under Reagan though, the number of people living below the poverty line in 1986 was 32.4 million according to a 1986 US Census Bureau and US department of Commerce joint report (http://www.census.gov/hhes/www/poverty/prevcps/p60-160.pdf page1, bottom of the 1st column) as apposed to 31.8 million (http://www.census.gov/hhes/www/poverty/prevcps/p60-138.pdf page 1 under "Highlights")when Reagan took office at the end of a recession... explain to me how Reagan can improve the economy and have the number of people in poverty increase. I'll explain it to you. The division between rich and poor grew. The rich grew super rich, while the poor grew super poor. So the stock market goes up, the upper class is making more money; it looks like everything is better for everyone, when in reality for the vast majority of Americans, things are just as bad or worse than in 1981.
Reagan may have closed loopholes, but do you honestly think it made that big a difference since he made it easier for companies to just get laborers in other countries? Sure the companies are making more money, but the majority of Americans aren't.
~So far you've just re-established what I had been saying, what Reagan did was great for people who already had money; he did nothing for the people who needed the money~
The Soviet decline. Why would making a dangerous situation more dangerous be a good thing? The Soviet Union knows it's collapsing, and it's plan for collapse is a massive trans-Euro tank rush. Here's a bright idea, "Let's make them feel even more backed into a corner, because we all know that when a person is backed into a corner, they never lash out." Like... I dunno... Hilter? As for your quote "... the arms race was a very ingenious method of ending it." It truly shows how very little you know about the world you live in. First, Reagan didn't come up with the idea of an arms race. The US had an arms race with Japan after World War I... that turned out well (Pearl Harbor... just think of Pearl Harbor with NUKES). The arms race with Russia had been going on since 1947 when the Russians detonated their first nuke, then we both had hydrogen bombs, then came the ICBM race. The Cold War was one huge arms race that had went on for nearly 50 years, Reagan didn't think of anything new there. The only change in the Reagan administration was to invent something that could stop Soviet nukes. We didn't need to have it, we could just make them think we did. That placed the Soviets in a position: Nuke the US before they get it, or be at the mercy of the US. Again, he's begging for the Soviets to lash out and start the war.
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Are our rights perserved? No. We don't have the ability to pursue happiness, most of our property doesnt belong to us, it belongs to the bank, our life is controlled by a social cattle mass in one direction, our liberties are being invaded.
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