How The G.O.P. Destroyed the Economy

How The G.O.P. Destroyed the Economy

Posted in the Warsaw Forum

Pale Rider

AOL

#1 Apr 12, 2011
"How my G.O.P. destroyed the U.S. economy." Yes, that is exactly what David Stockman, President Ronald Reagan's director of the Office of Management and Budget said. So many on here have scoffed at me for blaming Reagan and the Bush's.

Stockman says "the second unhappy change in the American economy has been the extraordinary growth of our public debt. Finally, thanks to Republican policies that let us "live beyond our means for decades by borrowing heavily from abroad, we have steadily sent jobs and production offshore," while at home "high-value jobs in goods production ... trade, transportation, information technology and the professions shrunk.

LOOK at THIS:

Lower taxes dont generate more revenue. THEY GENERATE DEFICITS!

All of what is written is verbatim from David Stockman, President Ronald Reagan's director of the Office of Management and Budget.

Stockman sees a class-rebellion, a new revolution, a war against greed and the wealthy. Soon. The trigger will be the growing gap between economic classes: No wonder "that during the last bubble (from 2002 to 2006) the top 1% of Americans -- paid mainly from the Wall Street casino -- received two-thirds of the gain in national income, while the bottom 90%-- mainly dependent on Main Street's shrinking economy -- got only 12%. This growing wealth gap is not the market's fault. It's the decaying fruit of bad economic policy."

Get it? The decaying fruit of the GOP's bad economic policies is destroying our economy.
Pale Rider

AOL

#2 Apr 15, 2011
I should have asked? How George W. Bush and the Republicans Destroyed the economy.
Pale Rider

AOL

#3 Aug 3, 2012
Pale Rider wrote:
"How my G.O.P. destroyed the U.S. economy." Yes, that is exactly what David Stockman, President Ronald Reagan's director of the Office of Management and Budget said. So many on here have scoffed at me for blaming Reagan and the Bush's.
Stockman says "the second unhappy change in the American economy has been the extraordinary growth of our public debt. Finally, thanks to Republican policies that let us "live beyond our means for decades by borrowing heavily from abroad, we have steadily sent jobs and production offshore," while at home "high-value jobs in goods production ... trade, transportation, information technology and the professions shrunk.
LOOK at THIS:
Lower taxes dont generate more revenue. THEY GENERATE DEFICITS!
All of what is written is verbatim from David Stockman, President Ronald Reagan's director of the Office of Management and Budget.
Stockman sees a class-rebellion, a new revolution, a war against greed and the wealthy. Soon. The trigger will be the growing gap between economic classes: No wonder "that during the last bubble (from 2002 to 2006) the top 1% of Americans -- paid mainly from the Wall Street casino -- received two-thirds of the gain in national income, while the bottom 90%-- mainly dependent on Main Street's shrinking economy -- got only 12%. This growing wealth gap is not the market's fault. It's the decaying fruit of bad economic policy."
Get it? The decaying fruit of the GOP's bad economic policies is destroying our economy.
The Worst President - Liar

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Bush FAILED HUNT for Osama - HE IGNORED - He doesn't matter. Tell that to the familes that lost loved ones in the WTC George W. Bush.

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DooFUS GaNg EnJoY

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George Bush is Loved

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Obama 2012

AOL

#6 Sep 28, 2012
Pale Rider wrote:
"How my G.O.P. destroyed the U.S. economy." Yes, that is exactly what David Stockman, President Ronald Reagan's director of the Office of Management and Budget said. So many on here have scoffed at me for blaming Reagan and the Bush's.
Stockman says "the second unhappy change in the American economy has been the extraordinary growth of our public debt. Finally, thanks to Republican policies that let us "live beyond our means for decades by borrowing heavily from abroad, we have steadily sent jobs and production offshore," while at home "high-value jobs in goods production ... trade, transportation, information technology and the professions shrunk.
LOOK at THIS:
Lower taxes dont generate more revenue. THEY GENERATE DEFICITS!
All of what is written is verbatim from David Stockman, President Ronald Reagan's director of the Office of Management and Budget.
Stockman sees a class-rebellion, a new revolution, a war against greed and the wealthy. Soon. The trigger will be the growing gap between economic classes: No wonder "that during the last bubble (from 2002 to 2006) the top 1% of Americans -- paid mainly from the Wall Street casino -- received two-thirds of the gain in national income, while the bottom 90%-- mainly dependent on Main Street's shrinking economy -- got only 12%. This growing wealth gap is not the market's fault. It's the decaying fruit of bad economic policy."
Get it? The decaying fruit of the GOP's bad economic policies is destroying our economy.
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