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"The United States disappointingly ranks 46th, having declined three places in 2014."
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Marc Calvert's profile photoMaggie H's profile photoProud Infedal's profile photoamericadied1913's profile photo
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+Marc Calvert It's obvious you will never grow a brain. It would be a miracle troll. How many times do I have to post this you sick demented moron? After 30 years the New York Times Admits Reaganomics Worked! When President Reagan entered office in 1981, he faced actually much worse economic problems than President Obama faced in 2009.  Three worsening recessions starting in 1969 were about to culminate in the worst of all in 1981-1982, with unemployment soaring into double digits at a peak of 10.8%.  At the same time America suffered roaring double-digit inflation, with the CPI registering at 11.3% in 1979 and 13.5% in 1980 (25% in two years).  The Washington establishment at the time argued that this inflation was now endemic to the American economy, and could not be stopped, at least not without a calamitous economic collapse.  All of the above was accompanied by double -igit interest rates, with the prime rate peaking at 21.5% in 1980.  The poverty rate started increasing in 1978, eventually climbing by an astounding 33%, from 11.4% to 15.2%.  A fall in real median family income that began in 1978 snowballed to a decline of almost 10% by 1982.  In addition, from 1968 to 1982, the Dow Jones industrial average lost 70% of its real value, reflecting an overall collapse of stocks.
President Reagan campaigned on an explicitly articulated, four-point economic program to reverse this slow motion collapse of the American economy:
1.  Cut tax rates to restore incentives for economic growth, which was implemented first with a reduction in the top income tax rate of 70% down to 50%, and then a 25% across-the-board reduction in income tax rates for everyone.  The 1986 tax reform then reduced tax rates further, leaving just two rates, 28% and 15%.
2.  Spending reductions, including a $31 billion cut in spending in 1981, close to 5% of the federal budget then, or the equivalent of about $175 billion in spending cuts for the year today.  In constant dollars, nondefense discretionary spending declined by 14.4% from 1981 to 1982, and by 16.8% from 1981 to 1983.  Moreover, in constant dollars, this nondefense discretionary spending never returned to its 1981 level for the rest of Reagan’s two terms!  Even with the Reagan defense buildup, which won the Cold War without firing a shot, total federal spending declined from a high of 23.5% of GDP in 1983 to 21.3% in 1988 and 21.2% in 1989.  That’s a real reduction in the size of government relative to the economy of 10%.
3.  Anti-inflation monetary policy restraining money supply growth compared to demand, to maintain a stronger, more stable dollar value.
4.  Deregulation, which saved consumers an estimated $100 billion per year in lower prices.  Reagan’s first executive order, in fact, eliminated price controls on oil and natural gas.  Production soared, and aided by a strong dollar the price of oil declined by more than 50%.
These economic policies amounted to the most successful economic experiment in world history.  The Reagan recovery started in official records in November 1982, and lasted 92 months without a recession until July 1990, when the tax increases of the 1990 budget deal killed it.  This set a new record for the longest peacetime expansion ever, the previous high in peacetime being 58 months.
During this seven-year recovery, the economy grew by almost one-third, the equivalent of adding the entire economy of West Germany, the third-largest in the world at the time, to the U.S. economy.  In 1984 alone real economic growth boomed by 6.8%, the highest in 50 years.  Nearly 20 million new jobs were created during the recovery, increasing U.S. civilian employment by almost 20%.  Unemployment fell to 5.3% by 1989.
The shocking rise in inflation during the Nixon and Carter years was reversed.  Astoundingly, inflation from 1980 was reduced by more than half by 1982, to 6.2%.  It was cut in half again for 1983, to 3.2%, never to be heard from again until recently.  The contractionary, tight-money policies needed to kill this inflation inexorably created the steep recession of 1981 to 1982, which is why Reagan did not suffer politically catastrophic blame for that recession.
Real per-capita disposable income increased by 18% from 1982 to 1989, meaning the American standard of living increased by almost 20% in just seven years.  The poverty rate declined every year from 1984 to 1989, dropping by one-sixth from its peak.  The stock market more than tripled in value from 1980 to 1990, a larger increase than in any previous decade.
We call this period, 1982-2007, the twenty-five year boom–the greatest period of wealth creation in the history of the planet.  In 1980, the net worth–assets minus liabilities–of all U.S. households and business … was $25 trillion in today’s dollars.  By 2007, … net worth was just shy of $57 trillion.  Adjusting for inflation, more wealth was created in America in the twenty-five year boom than in the previous two hundred years.
http://www.breitbart.com/Big-Journalism/2012/12/05/NYTimes-Finally-Admitted-Reaganomics-Worked  
 
 
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President Obama's budget raises the current $18 trillion national debt by $6 trillion dollars over the next decade.
President Obama's budget is so far off the mark even late-night comedians are having fun with it.
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Maggie H's profile photoHenriette Richter-Roehl's profile photoEnrique Morales's profile photoJoshua Andrews's profile photo
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+Andrew S ha ha ha ha
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President Obama has proposed his 2016 budget
Here's a list of the top tax hikes and cuts in Obama's budget.
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Enigmis Von Neo Pagan Roop M's profile photoBill Meagher's profile photoEd Powell's profile photoMaggie H's profile photo
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+Marc Calvert Have you ever gotten a job from a poor person trolling dimwit or do you even have a job except for posting left wingnut propaganda?  Whether you think so or not, large and small businesses are the job creators in this country and supply most all jobs in the private sector. what’s the Democrats and Obama's solution? Let’s tax them some more until it reaches a point where they cannot operate, cannot invest in new equipment or new technology, cannot hire new employees and all at the same time trying to meet Union Demands and NOW OBAMACARE! THAT IS EXACTLY WHY COMPANIES LEAVE THE COUNTRY! They will eventually take their business elsewhere or simply close their doors and there is not a damn thing you or I can do about it. Then what do we have? A government that has nothing coming in by way of taxes except from the middle class. Where do you think all those government freebees come from? They come from hard working taxpayers period!
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Have you heard of #OperationChokePoint? We explain this secret government program in one minute.
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Spence Calder's profile photoMaggie H's profile photoRic B's profile photoHenriette Richter-Roehl's profile photo
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+William Bennett Maybe - but until we all stop antagonizing each other we're going to let the country go to hell. This country won't fix itself and we need to collectively cut the strings to do it. The political narrative of Fox and MSNBC (or THF) aren't reality.
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Now it is up to President Obama to decide if America is open for business.
Approving the Keystone XL Pipeline is good energy policy that does not dish out special treatment and declares that America is open for business.
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Jeanine Lucas's profile photoAlex Mel's profile photoJay Brown's profile photoMichael Sternberg's profile photo
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+Bluestate NE Jesus not only existed. He is alive today and coming back.
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Have them in circles
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“We have no emails from that day. In fact, we have no emails from that trip," Rep. Trey Gowdy
“There are gaps of months and months and months,” Gowdy told CBS News’ Bob Schieffer.
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Kevin Davis's profile phototommy northam's profile photoBree Watts's profile photoBernie Valentine's profile photo
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+Kevin Davis and you know she gave them everything , how? 
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This woman lost her health insurance three times under #Obamacare  
 
"I’ve been pulled into the middle of all this through no fault of my own, and there’s nothing fair about it."
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A Wolf's profile photoEd Powell's profile photoMarc Calvert's profile photoTK Reed's profile photo
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+Fred Opp You articulate devil, you! 
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This EPA bureaucrat got caught receiving $900,000 in pay without working because he claimed he also was employed by the CIA.
A Senate report shows that John Beale, a former EPA official who falsely claimed to work for the CIA, was key in crafting costly environmental standards.
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Dennis Deckard's profile photoMaggie H's profile photoJohn Aaron's profile photoKatrina Olson's profile photo
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Double propaganda agent. 
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This covert government program has targeted law-abiding business owners across America.
“I’m an American, and when the government does something like this to its own citizens, it has to be stopped.”
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Ed Powell's profile photoRon Lewenberg's profile photoTara Dodrill's profile photoMishel Here's profile photo
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+Larry Dillon you have no idea what fascism us or means. You are just playing tge communist game of calling anything you don't like fascist
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They say it’s their best chance to send a repeal bill to President Obama, which he’s promised to veto.
Now with a GOP-controlled Senate, Republicans will attack President Obama’s signature legislation on their own terms.
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Michael McGuire's profile photosolargy power's profile phototommy northam's profile photoTheVideoPod's profile photo
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+solargy power until you are able to get the constitution rewritten, revised, and updated, do you want it to be ignored? 
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She continues to fight for the freedom of Cuba
More than two years after her father died in a controversial car crash, Rosa María Payá is still searching for answers.
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Founded in 1973, The Heritage Foundation is a research and educational institution—a think tank—whose mission is to formulate and promote conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense.

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