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  1. #161
    blax n gunz
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    Re: LOLelections

    Quote Originally Posted by SwampdonkeyPLD
    What was wrong w/ reagonomics?
    Apart from doubling the national debt?

  2. #162
    Nidhogg
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    Re: LOLelections

    Quote Originally Posted by Correction
    Quote Originally Posted by SwampdonkeyPLD
    What was wrong w/ reagonomics?
    Apart from doubling the national debt?
    Sure. I've never heard it criticized before.

  3. #163
    evilbau
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    Re: LOLelections

    Quote Originally Posted by SwampdonkeyPLD
    Quote Originally Posted by Correction
    Quote Originally Posted by SwampdonkeyPLD
    What was wrong w/ reagonomics?
    Apart from doubling the national debt?
    Sure. I've never heard it criticized before.

    trickle-down travesties?
    supply-side stupidity?

    <ben stein>
    Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. "Voodoo" economics.
    </ben stein>

  4. #164
    blax n gunz
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    Re: LOLelections

    Quote Originally Posted by SwampdonkeyPLD
    Quote Originally Posted by Correction
    Quote Originally Posted by SwampdonkeyPLD
    What was wrong w/ reagonomics?
    Apart from doubling the national debt?
    Sure. I've never heard it criticized before.
    There were a couple of things wrong with Reaganomics, but the most visible problem was the drive to deregulate nearly every market in sight, which led to the savings and loan collapse which ended up costing the government 125 billion dollars. That was pretty fucking bad :D

  5. #165
    Official THE Alpha and Omega
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    Re: LOLelections

    Quote Originally Posted by Correction
    Quote Originally Posted by SwampdonkeyPLD
    Quote Originally Posted by Correction
    Quote Originally Posted by SwampdonkeyPLD
    What was wrong w/ reagonomics?
    Apart from doubling the national debt?
    Sure. I've never heard it criticized before.
    There were a couple of things wrong with Reaganomics, but the most visible problem was the drive to deregulate nearly every market in sight, which led to the savings and loan collapse which ended up costing the government 125 billion dollars. That was pretty fucking bad :D
    Not to mention the collapse of the housing market which screws over oh so many people.

  6. #166
    Nidhogg
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    Re: LOLelections

    Quote Originally Posted by Correction
    Quote Originally Posted by SwampdonkeyPLD
    Quote Originally Posted by Correction
    Quote Originally Posted by SwampdonkeyPLD
    What was wrong w/ reagonomics?
    Apart from doubling the national debt?
    Sure. I've never heard it criticized before.
    There were a couple of things wrong with Reaganomics, but the most visible problem was the drive to deregulate nearly every market in sight, which led to the savings and loan collapse which ended up costing the government 125 billion dollars. That was pretty fucking bad :D
    I wonder if financial institutions didn't think taxpayers would bail them out if they would take the risks they take.

  7. #167
    Love-God among men.
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    Re: LOLelections

    Quote Originally Posted by BIGSTIC
    Ok how about we do this. Was suggested to me buy my father in law( a dirt poor dirt farmer in ND)

    So CEO of company makes $1mill a year. You dont need $1mill a year to live(honestly). So you take CEO and give him 9 helpers. Everyone including CEO gets 100k a year and we are all happy. Not only did we get rid of un-employment but we also all share the wealth.

    If only it were that simple.
    r u serious. Everyone except the CEO who just got fucked out of 900k.

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