In response to:

Could Ronald Reagan Get Elected Today?

wmou Wrote: Nov 09, 2012 9:08 AM
So, the middle class was much better off with 18% mortgage rates and 10% inflation.
wmou Wrote: Nov 09, 2012 9:50 AM
Banks paid 6% interest on savings and your money depreciated 4% just sitting there. I had friends who were thrilled to get a mortgage under 15%. Just bringing inflation down to 4% gave everybody in the US a 6% raise in income.

It was not until NAFTA, GATT and Expanded Trade with China passed that the middle class took a big hit.
oldervoter68 Wrote: Nov 09, 2012 9:49 AM
It was also better off in 1988 than today. Also better off in 2000. (Lived it, so have first hand knowledge). The middle class wasn't destroyed, The upper class did get richer and at a greater % than the middle class, but the economic pie expanded for almost all Americans.
Therightstuf Wrote: Nov 09, 2012 9:33 AM
The middle class was much better in 1980 than today, Absolutely!

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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