In response to:

Could Ronald Reagan Get Elected Today?

Dobermite Wrote: Nov 09, 2012 8:29 AM
I was working my first full-time job when Reagan cut the marginal income tax rates from 70 to 28-15, and my first full-time job, as luck would have it, was actually a well paying job for a young man in his early 20's, and till this day ... TILL THIS DAY ... that was the single biggest raise in pay I ever received. Thats what it essentially amounted to, a massive raise, the mother of all raises, and when I looked at the difference in my take-home pay I was shocked, at first I thought it was a mistake, I thought I was being over-paid, then I noticed all of my co-workers were in a state of disbelief as well, and thats how I experienced Reagan's income tax cuts.
Baruti Wrote: Nov 09, 2012 9:03 AM
In the 1980's white workers thought substituting tax cuts for wage increases would leave them better off. In fact it simply led to wages dropping when adjusted for inflation, massive cuts to government services and the economic collapse of 2008. Hope you spent that Reagan tax cut well.
oldervoter68 Wrote: Nov 09, 2012 9:54 AM
I still haven't received a logical explanation from anyone on the left side of the spectrum, why with the tax cuts of the Reagan era, the % of revenue to the government remained at 18% of GDP (as it was in 1960 with 90% top marginal rates).
oldervoter68 Wrote: Nov 09, 2012 9:57 AM
Oh, "massive cuts to government services". Enumerate please, Federal spending as a % of GDP grew through most of the 90s and early 00s. Of course, it is now around 25-28% of GDP and the lefties think it needs to be more.

Popular theory suggests Reagan was too moderate for today’s GOP, but the experts disagree.


From Townhall Magazine's November Perspectives by Kyle Bonnell:

Questioning Ronald Reagan’s electability in today’s political environment has become a preoccupation of today’s liberals. As this story goes, Ronald Reagan was too moderate and compromising for the tea party-infested, intransigent and ideologically rigid Republican Party. But is it true?

Not according to Edwin Meese, President Reagan’s Attorney General.

“If you look at his...

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