In response to:

The End of the Reagan Era?

TunTavern Wrote: Jan 22, 2013 8:46 PM
Reagan took office and cut taxes and eased regulations... And private investment and worker productivity dropped to even worse levels than it had been under Carter. At that point, Volcker, the Fed Reserve chairman opened the coffers and flooded the market with easy money. Then, BOOM! The economy surged. Yet to this day, the GOP markets the lie that it was Reagan who saved the economy. The truth is out there for those who can handle it: But the GOP will never accept it, because if you take Reagan from them, what do they have?
rman859 Wrote: Jan 22, 2013 8:57 PM
Did the FED start printing money when JFK cut taxes and spured the economy?
TunTavern Wrote: Jan 22, 2013 9:15 PM
Our economy has seen most of its biggest growths at the times when our taxes have been highest:
Chestertonfan Wrote: Jan 22, 2013 8:52 PM
Volcker, along with the Banks of England, Canada, Japan and Germany all tightened the money supply to strangle inflation. Money supply was not eased until after inflation was on its way down. Back in those days all eyes in the market were on M1 and M3 growth. Reagan also gave a reason for entrepreneurs to employ risk capital again. Apple, Microsoft, Staples, Home Depot, Walmart,etc etc all had their high growth years after Reagan entered the scene. No coincidence.
TunTavern Wrote: Jan 22, 2013 9:13 PM
Is it a coincidence that our countrys biggest economic growth spurts have come when taxes were at their highest?