Why do retardicans love Reagan?
He doubled the national deficit, gave amnesty to millions of illegal immigrants, introduced gun control, and loved Muslims.
Seems kind of odd to me.
He talked nice, was old Hollywood, and was a Bible-thumper.
>>73755326
fpbp
>>73755267
His administration was the first time that politicians found and excuse to blatantly provide monetary kickbacks to their wealthy donars, under the banner of tax reduction.
>>73755267 (OP)
The Republican Party, in regards some issues, were more sane back then, surprisingly. Except instead of criticizing Reagan on debt and illegal immigration, they were mesmerized and got a hard on by his love for the private sector, his charisma, and his thick and black head of hair.
That and he ended the Cold War.
>>73755267
At the time, the alternatives were far more extreme. Kind of like now, we have Trump, who shocks us by promoting basic civic notions like laws and borders, and Uncle Trotsky or the Globalist Harpie on the other hand. We're so far from any choices that are actual ideal or sane, that we're going to wholeheartedly embrace someone like Trump because the alternative is oblivion. At the time, people felt like they were facing the same choice. Before that, Nixon felt like the same choice.
We lost WWII in the most insidious, cruel way imaginable:
>they let us think we won
It's been a steady decline with a few instances of brake-pumping since then.
old people like him because he sold out young people in order to give the current population a boost
not really a conservative, basically just a "middle" politician
pretty much everyone young on both sides hates him
>>73755267
because he lowered their taxes. That's all Republicans care about, lowering taxes and telling you how to live your life.
>>73755267
I think you know why, Ivan
>>73755780
yeah, this. the reason Cuckservatives worship him is because they're incompetant autists who remember him winning in landslides, and think if they treat him like a saint, whatever was popular about him will rub off on them. They actually have no clue how to turn him into an "orthodoxy" they can follow, because he was highly pragmatic as a politician.
We're in decline because we have a culture that promotes incompetance, especially in our political class.
>>73755267
>He doubled the national deficit
public debt doesn't matter
running deficits actually helped the economy
>gave amnesty to millions of illegal immigrants
GOP cucks love immigrants because it means cheap labor
>introduced gun control
This went down the memory hole after Waco/Ruby Ridge happened under Clinton and gun control became a left/right issue.
You are just supposed to forget
>loved Muslims
You are definitely supposed to forget the fact that Carter and Regan supported radical muslims with Saudi Arabia in order to destabilize the USSR. That's probably the most memory holed fact in all of modern America.
>>73755844
telling people how to behave is a 100% liberal thing to do right now
>>73755267
He was more important as a symbol.
Put yourself back into the shoes of a 70's American.
The massive Post WWII Growth of the 50s and 60s has been slowing down by the year.
Communism (or what was called Communism, for the no-true-gommunism spergs) has taken a third of the world's population.
Socialism has found a home in much of another third.
Academics, economists, and the media were all derailing the post-Vietnam US, and talking about the eventuality of Socialism or Communism in some form or another.
Yet out of crows going lefwards, this charismatic actor/governor comes out going against the grain. Government regulations and taxation are in some cases strangling business. Recessions can have market clearing properties, and a temporary tightening of the money supply would do good in the long run. We can work to loosen allies from Soviet and Chinese shackles. He, Thatcher, Pope John Paul II and some others changed western opinion on the government, markets, nationalism and communism so quickly that the opposition parties had to change their tones in short order.
>NVM that he was an open borders globalist that helped spur socialization of losses and privatization of gains and whose foreign policy ended in blowback
>>73755267
>>73755773
he ""shocks"" us by promoting defaulting on national debt for no reason which would cause a huge recession, depreciation of the dollar, soaring interest rates, a budget deficit and so on
good thing hes a meme candidate who's not leaving this subreddit ')
>>73755707
>That and he ended the Cold War.
The USSR was already on its way out.
>>73756009
>the reason Cuckservatives worship him is because they're incompetant autists who remember him winning in landslides, and think if they treat him like a saint
This. I hope we don't do the same with Trump. He's a starting point, a tool of the people toward certain ends.
>>73756082
>public debt doesn't matter
>running deficits actually helped the economy
Stephanie Kelton pls
>>73756314
I figured Russia would be pro Trump
>>73756481
Peter Schiff pls
https://www.youtube.com/watch?v=1Zh_mjS8bQg
>>73756082
Bin Laden sounds like he's coming home from summer camp.
>>73756314
>which would cause a huge recession,
only according to idiots like Peter Schiff/other goldbugs
https://www.youtube.com/watch?v=PLGoJCmwMlM
>>73755267
>He doubled the national deficit
to bankrupt the USSR we could afford it they could not
>Gave amnesty to millions of illegal immigrants
Big fucking deal America was 87% white any way.
>introduced gun control
this dumb shit again ugh: he signed the Firearm Owners' Protection Act of 1986 which mostly protected gun owners
>loved Muslims
He hired armed them to fuck up communists in Afghanistan and armed both sides of the Iran-Iraq war to weaken the fuckers how is that "loving them"
>>73756898
>Big fucking deal America was 87% white any way.
Well we aren't anymore thanks to him
>>73756898
>was
>>73756966
No the fucking congress was supposed to enforce the border. How the fuck would 3 million Mexicans cause the white percentage to go down more than 1% just doesn't. I know it sound like im shilling for Mexicans but im just tired of this "hurr durr America was 87% white thanks to Reagans illegals its 60% now hurr durr" its just stupid.
>>73755267
Ronnie Raygun literally ended the era of prosperity for America, but that's what the rich wanted, so we just keep doing more of the same into oblivion.
>>73755267
Also, he got rid of the anti-trusts laws.
>>73756082
>public debt doesn't matter
>running deficits actually helped the economy
reeeee i fucking hate keynesians
>>73755267
He didn't take no guff from nobody. People respected Reagan.
>>73756207
Neo liberal maybe, but liberalism used to be about expanding rights, until minorities got political power (which was the liberal thing to do, expand rights ... to minorities), then it became .. in the name of expanding rights for minorities, we remove rights from other people.
Conservatism on the other hand, has always been about making things illegal. If it's not one of the 10 enumerated rights in the bill of rights, Republicans want it to be expressly illegal even though the founding fathers didn't want to enumerate rights specifically because of that problem, they thought people would find more things in the future that should be liberties to them that they couldn't think of at the time, but hey, it's not one of the 10 things we thought of to put in the bill of rights, so you're not allowed to do it.
It was LIBERAL supreme courts that expanded our rights, gave us the right to symbolic speech even though it wasn't explicitly stated in the bill of rights, gave us the right to privacy even if it's not explicitly in the bill of rights, etc.
Meanwhile conservative bodies have traditionally taken things away instead, you have a conservative congress and president to thank for the Controlled Substances Act and war on drugs, the Patriot Act, DOMA (signed into law by Clinton but passed by a Conservative House)
>>73756267
The alternatives in living memory for GOP POTUS are Bush I, Bush II, and Nixon.
He's all they have.
>>73757471
>>73757559
>gilded age
>bad
>anti-trust laws
>bad
>wealth inequality
>bad
>>73756677
I'm no Schiffite.
Public debt is the government borrowing money, backed by a combination of 'faith and credit' in the US economy, and taxpayers.
It works best in short periods of investment, when the debtor knows it will get a return- like the highway system.
Going into debt to fund sinkholes is not economically sound.
>>73757594
that's MMT, the true red-pill
>>73757791
Social conservatism is a cancer for the most part, but the economic socialism people want these days will destroy this country, so we have to compromise although donald is much more moderate
>>73757849
>Robber barons
>Truck system
>Child slave labor with zero safety regulations
>Rivers on fire
>Bad
This is you. And income inequality is an excellent predictor of how shit a country is. America is slipping into third world territory. Gee, what a surprise that just happens to be after the rich start terraforming it into Brazil, like they do with all countries.
>>73755267
Why do Russians hate Reagan?
>>73757983
>America is slipping into third world territory.
Our poor feast better than 90% of the planet. You're fear mongering.
>>73757471
This dump shit again ugh.
Reagan lowered inflation and unemployment to levels not seen in years. GDP rose under Reagan while it tanked under Carter. It was Clinton that was outsource king with NAFTA and ultimate deregulation by repealing Glass-Steagall but keep believing what Thom Hartmann tells you in RT
>>73755267
You should know. Outspending the Soviets into oblivion is his biggest accomplishment.
>>73755267
Because fuck commies, you pinko sack of drunken ass
Threads like these sadden me because I always realize that even the supposedly conservative millennials bought into the anti-Reagan propaganda from the left.
He was based beyond belief and was easily the greatest President of the second half of the 20th century, if not the entire century.
By the way, Reagan didn't cause those deficits and mounting debts. The House of Respective was controlled by Democrats and they shut down the government every single year that Reagan was President over their refusal to cut spending.
They even made promises to do it after he agreed to some tax increases and then reneged on their deal.
I wish we could genocide the entire millennial generation.
>>73757983
the free market driven by the profit motive is the most efficient allocator of resources
there is literally nothing wrong with income inequality
what other system do you propose?
>>73755267
ACTUALLY HE TRIPLED THE DEBT AND DEFICIT.
>>73758139
House of Representatives*
I'm on mobile
>>73758026
Infrastructure is collapsing, literacy is disappearing, more people are slipping into poverty all the time, we're becoming Idiocracy and morons like you are proud of it.
>>73758033
>Total coincidence that Reaganite stupidity has been the standard since his presidency without fail and we just keep going to hell
>>73758146
>the free market driven by the profit motive is the most efficient allocator of resources
Yeah, to the rich.
>there is literally nothing wrong with income inequality
There is literally nothing wrong with killing you and raping your family. Anyone can claim there's nothing wrong with something. That doesn't make you right, moron.
>what other system do you propose?
Exterminatus.
>>73758146
let's give our money to a small circle of people in a centralized government and have them redistribute it based on feels
>>73755267
>president controls the budget
gov 101 is that way-->
>>73758050
the problem is even after the Soviet Union was broken we continued his spending habits.
>>73757366
>How the fuck would 3 million Mexicans cause the white percentage to go down more than 1% just doesn't.
He showed weakness to Mexico meaning they could all come here without consequence.
>>73757594
>i fucking hate keynesians
Because you are a deluded neoliberal
>>73757889
>I'm no Schiffite.
You might as well be with you belief in bogus gold standard era nonsense.
>>73758201
Get your own thread faggot.
>>73758278
>Yeah, to the rich.
Please give an example of an area where the free market has benefited the rich to the detriment of the poor.
>Exterminatus
I'm serious. Just the name of the ideology you trend towards?
>>73758278
>Yeah, to the rich.
People on minimum wage can live better than the rich of 50 years ago.
A week's salary can get one the culmination of 20th century engineering advancements in the palm of one's hand:
radio communication device, internet capabilities, camera, and calculator.
Food and clothing are cheaper than they have been in the entire existence of humanity.
In terms of share of the economy, the 'bottom' have less.
In terms of absolute resources, the 'bottom' have exponentially more.
>>73758378
>Because you are a deluded neoliberal
>implying
take a look friend, it's all yours :^)
https://en.wikipedia.org/wiki/Classical_economics
>>73755326
Like Trump?
>>73758283
>let's give our money to a small circle of people who lobbied the centralized government and have them socialize their losses
>>73758278
>Yeah, to the rich.
No faggot.... to everyone. But yes mostly the rich.
But money is going to always wind up in the hands of people who know what to do with it.
MFW....you redistribute wealth..... everyone will be nigger rich for 2 years. They will spend all the money on dumb nigger tier shit, and it will just go back into the pockets of the people your complain about.
Starting to make sense Faggot?
>>73758378
>Because you are a deluded neoliberal
Yes Goy American needs the Federal Reserve to cause inflation, devalue currency and ruin savings. I MEAN to act as a lender of last resort to our mega member banks and save the ecomomy from collapese good goy you're such an intellectual
>>73755267
He's the republican Bill Clinton, absolutely shit all over everything they think they stand for but no one ever noticed or cared because he gave speeches suited to their tastes.
I thought you guys hated the Jews owning all the media. Guess who gave them all the control? At least in the past there were some laws against monopoly on the press
>>73758464
Reagan deregulated wall street while cutting taxes for the top percent resulting in credit bubbles and private debt that fucked over workers.
He also started outsourcing and mass immigration that lowered wages for the working class.
Today wages are stagnant while private debt increases
>>73758586
Classical economics as nothing to do with neoliberal nonsense.
You must never have read your John Stuart Mill.
>ctrl+f
>divorce
0 results
>Probably the most well-known no-fault law was enacted in the state of California, and signed by Governor Ronald Reagan, coming into effect on January 1, 1970.[16]
>>73758794
This dumb shit again ugh.
Reagan lowered inflation and unemployment to levels not seen in years. GDP rose under Reagan while it tanked under Carter. It was Clinton that was outsource king with NAFTA and ultimate deregulation by repealing Glass-Steagall but keep believing what Thom Hartmann tells you in RT
>>73758735
You have no idea what you're talking about
Under tight regulation the federal reserve and the SEC kept banks from exploiting the system with credit bubbles, fraud, and speculation.
Financial Jews want neoliberalism not regulation. You have everything ass backwards.
After deregulation under Regan wallstreet began raping the economy with market manipulations, cheap credit, debt bubbles, etc.
>>73758970
>Reagan lowered inflation and unemployment to levels not seen in years.
The economy revered because the energy crisis (caused by Israel) was over.
https://en.wikipedia.org/wiki/1970s_energy_crisis
And because Regan increased spending and government deficits which spurred the economy.
> It was Clinton that was outsource king with NAFTA and ultimate deregulation by repealing Glass-Steagall
You should look at the actual timeline of deregulation
http://cepr.net/documents/publications/dereg-timeline-2009-07.pdf
I in no way exculpated Clinton of blame, he obviously deserves blame for the "worst" of it, but deregulation was a process that began under first under Carter and continued with Regan.
ITT: Commies, libtards and hippies
https://www.youtube.com/watch?v=tpH5L8zCtSk
>>73758974
>Under tight regulation the federal reserve and the SEC kept banks from exploiting the system with credit bubbles, fraud, and speculation.
Yes Goy good job
No but seriously dipshit Alan Greenspan and Ben Bernanke both admitted the Federal Reserve caused the great depression. My good you're such a good goy.
>>73758557
>People on minimum wage can live better than the rich of 50 years ago.
That's total bullshit.
Not even Shaniqua getting 30k in benefits is living even close to the rich of 1966.
Smartphones are nifty tools but they aren't that important.
>>73758794
>lassical economics as nothing to do with neoliberal nonsense.
>You must never have read your John Stuart Mill.
The only place neoliberals and classical economists differ is the role of government in maintaining externalities and anti-trust laws.
Stop trying to hide your retarded socialist Trumpian 'economics' under the guise of hurr durr anti-neoliberalism
free trade is always a good thing
http://www.investopedia.com/ask/answers/063015/how-does-neoclassical-economics-relate-neoliberalism.asp
>>73759197
>Alan Greenspan and Ben Bernanke both admitted the Federal Reserve caused the great depression
It was caused by lack of regulation is the financial sector that led to a debt bubble that eventually popped. This sort of stock market bubble was prevented when FDR passed wall street legislation (like Glass Steagall). This worked for decades, but then Regan and Clinton began deregulating wall street which led to the disastrous debt economy we have today
I suggests reading this book
https://en.wikipedia.org/wiki/The_Great_Crash,_1929
Financial Jews are "against" regulation of banks, not for it, because regulation prevents them from creating debt bubbles.
>>73759150
>http://cepr.net/documents/publications/dereg-timeline-2009-07.pdf
Thanks for this
>>73758910
Goddamn. How was this guy a conservative again?
He's a fucking leftist in pretty much every way except foreign policy.
>>73759197
>Ignores the fact two Fed Chairman admitted the Fed caused the depression
You're the ultimate good goy
>>73759615
Personally I blame the bible belt.
>>73755267
It doesn't really make any sense. Cuckservatives are fucked.
>>73756511
Why? He's a nationalist who can't be manipulated and pushed around like the pussy nigger
>>73759516
>comparing classical economics to neoclassical economics
this is just embarrassing
No, neoclassical economics and classical economics aren't even close to the same thing.
Neoclassical economics (much like neoliberalism I'll agree with that point) basically exists to shill for Wall Street and the financial sector by ignoring private debt and the role of cheap credit in stagnating an economy through debt.
Classical economics on the other hand was acutely aware of the role of debt, overhead, surplus value, etc.
>free trade is always a good thing
outsourcing to China is only good for the owners who save a few bucks on cheap labor.
>>73758685
>Trump
>talking nice
>>73755267
He was an actor so he was able to lie with conviction.
He was attractive and charming.
He was a lot like Donald Trump tbqh.
People are always suckered in by that.
>>73759536
see >>73759793 it was meant for you
>>73759857
Obama (and Hilalry) paved the way for Cold War 2.0 by initiating a coup in Ukraine and funding the overthrow of Putin's ally Assad in Syria.
They have been at odds ever since 2011. Trump promises that the US will stop trying to overthrow Assad and thaw relations with Ukraine/Russia
>>73760010
>>73759793
I know it might be surprising to you, but Greenspan and Krugman are actually professional wall street shills.
The real cause of the debt bubbles have always been unregulated spending by the banking system which is why you just "happen" to see debt bubbles coming from wall street after deregulation.
>>73759902
The problem with Keynesianism is that it fails to account for the long-term effects of bailing out private debt.
Mal-investments wreck the economy- In a free market economy, when the individual takes a risky investment and it turns out to be bad, i.e. created no wealth, only the investor is hurt and he will take a less risky investment in the future.
When the debt of the individual shifts to the public risk is incentivized. All of us become responsible for investments that produce no wealth and so investors have no incentive not to 'go big or go home,' so to speak.
KEYNESIANISM IS ONE HUGE BUBBLE, it'll last longer than the housing bubble but when creditors lose faith we can pay back the debt it'll crumble and NO ONE can bail out the government.
>>73755267
because MUH DADDY FIGURE
>>73759615
My grandfather, who worked in US in 80s early 90s told me that Reagan was the last "liberal" president America had in the last 30 years. He was right.
>>73760479
>long-term effects of bailing out private debt.
There are none
>Mal-investments wreck the economy
This is kooky Austrian theory. All Keynesianism does is ensure there is demand in the economy.
Having more pieces of shining rock (gold) in your possession isn't going to fundamentally change anything.
>When the debt of the individual shifts to the public risk is incentivized
That's what happens under your ideal neoliberal system as is evident from the 1980s-present.
Under Keynesianism private debt was much lower due to the regulation of wall street and the prevention of debt bubbles
>KEYNESIANISM IS ONE HUGE BUBBLE
Neoliberalism (the system you support) is the cause of every bubbles since the 80s.
>>73760768
regardless of our disagreements would you be happy with regulating the financial and banking sectors while ensuring free market policies in others? (manufacturing, service, mining, etc.)
The deficit was a result of lowering inflation and military spending to bankrupt the soviet union.
http://www.aei.org/publication/did-reagans-tax-cuts-cause-those-big-1980s-budget-deficits-or-was-it-paul-volckers-inflation-fighting/
>>73760954
Yes
The financial system isn't like the Industrial system
The industrial system is productive and should be allowed to function while the financial system is "extractive" and must be strongly regulated or else it ruins the rest of the economy through debt and credit bubbles.
>>73760479
MUH TRICKLE DOWN economics works like shif
>>73755267
Because even though he has been dead for years, he is still dishing out the buthurt from beyond the grave.
Grow up, faggot.
>>73755707
>That and he ended the Cold War.
Reagan's greatest accomplishment imho
>>73761104
>n while the financial system is "extractive"
okay this is bullshit. investments are what allow the industrial system to exist in the first place. keynes focus on spending to smooth the market is crucially flawed because savings are required for investment.
>>73755267
That looks just like Al Gore and projected global temperatures.
Remember the days when we were all going to be dead months ago?
>>73761141
nice refutation friend
>>73759472
I live longer
I have have a cheaper car
I own cheap land
I can buy cheap food and clothing
I can afford higher quality health insurance than they had for a fraction the price
I have access to entire databases of the world's knowledge
>>73759516
>Free trade is always a good thing
Are you impying trade with the PRC, which inflates its currency, channels (shuts down)collective bargaining through state offices, shuffles (or more accurately shovels) state capital to private investments at the expense of taxpayers, routinely tramples on IP, and cartelizes key industries at the behest of the government is a "free" trade dynamic?
>>73761554
All of that is irrelevant to having free trade with a nation you idiot.
>>73761554
>Health insurance
Health care *
>>73761104
>while the financial system is extractive
To the degree financial actors and institutions participate in activities that lead to socialization of losses.
When a trader or firm make a successful trade, they are being rewarded for efficiently allocating resources in the economy.
What "regulations " do you wish to impose?
On HST?
On certain complex securities?
>>73761762
No.
Free trade from Ricardo to Danielson relies on the implication that both actors are on a level playing field.
A mostly market economy trading with a semi-command economy does not free trade make, for the reasons I posted above.
>>73761762
Put another way, during industrilization the USSR marhshalled all the capital in its economy to investments that may not have had any foundation in market signals were driving them.
For example, at one point they were the largest producers of pig iron in the world, because some commisar said "we need X quantity of pig iron this year." So without regard to market fundamentals, the USSR channeled billions in taxpayer monies toward mining and smelting .
If the US opened up its markets to Russian pig iron at the time, what part of that would be "free " trade?
>>73761920
Samuelson
>Bastard
>>73761390
>investments are what allow the industrial system to exist in the first place.
You are ignoring the speculative/credit bubble part of finance that is not productive at all.
They create bubbles that make life unaffordable for most people in order to extract rent, interest, etc. They want a debt based economy that is destructive towards labor and industry.
>>73761792
>When a trader or firm make a successful trade, they are being rewarded for efficiently allocating resources in the economy.
The creation of debt bubbles destroy an economy and lead it towards stagnation due to the economy being unaffordable and soaked in debt.
That's why the financial sector needs to be strictly regulated so such types of bubbles, speculation, etc can't come around and hurt productive industries like manufacturing.
>>73761920
>Free trade from Ricardo to Danielson relies on the implication that both actors are on a level playing field.
Free trade from Friedman to Hayek does not rely on a level playing field.
>>73762155
Your solution to foreign governments subsidizing us is to interfere with the consumer's ability to buy what they wish, and you have to ask how that is free trade? Free trade is the ability of consumers to purchase what they want and sellers to sell what they want without interference from the state and does not rely on foreign countries having free trade as well even though that would be optimal
>>73762346
speculation happens because investors know their malinvestments will be backed by the government
we should have let them starve in debt.
>>73757826
Trump really is about to change everything, isn't he?
>>73762441
>speculation happens because investors know their malinvestments will be backed by the government
Partly. But it also happens because it it allowed to happen without regulation.
Banks will always speculate on financial assets if given the option because it increases profits. This leads to a bubble and a crash.
This happened all the time in the 1800s prior to the FED and prior to bailouts. Banks would create credit, overextend themselves and then go bankrupt.
The only way to prevent this is proper legislation that doesn't allow them to speculate and have a central governing apparatus that is in charge of the money supply that will counteract bank activity.
>>73762798
now defend social security and inflation
>>73763065
>defend social security
social security is funded by regressive taxation that harms the working class by reducing their purchasing power so there's nothing good about it at all
>inflation
In general? Inflation is good because it stimulates production, investment, and consumption.
>>73763216
now kill yourself for economic illiteracy
>>73755267
he hated communism
there for the left, ny time, and jews hated him
this also meant he was america first
>>73756966
>who is Ted Kennedy
>>73763315
>economic illiteracy
This is the go to for libertarians when they don't understand something.
They lash out at scary ideas that don't resemble Peter Schiff or muh gold standard by saying they "don't understand economics"
>>73755267
Because the 80's were awesome and he happened to be in charge.
https://www.youtube.com/watch?v=k8LdRJqjjRM
