History Lesson – Deficits as a % of GDP, Tax Rates
…as a % of GDP. His father, and Reagan ran bigger ones. The deficits were not that far off where we were at the end of the 70’s either. Now…
…as a % of GDP. His father, and Reagan ran bigger ones. The deficits were not that far off where we were at the end of the 70’s either. Now…
…Reagan’s, as the pundits offer those analogies: The earlier presidents’ effective working of the “inside game.” But it is the outside game–the persuading-the-public part–where Obama incomprehensibly and repeatedly fails and…
…promise got him excoriated by Republicans. Reagan seems to be the most recent Republican nominee for President of the US who has a signature issue that remains popular with Republicans…
…2012) (noting Cheney’s current advice to keep spending on the military and retelling the story of Cheney’s telling then Treasury secretary O’Neill that “Reagan proved that deficits don’t matter”). Part…
…since the end of WW2 to increase the national debt as a percentage of GDP have been Gerald Ford, Ronald Reagan, and the two Bushes. So why is it that…
by Mike Kimel Mainstream and Semi-Mainstream Allegations Against Sitting Presidents I think back to each of the Presidents who was in office since Reagan, under whom I was old enough…
…question of who has access to court, and under what circumstances. The Reagan-era rightwing legal types—federal judges appointed in the 1980s and people like John Roberts and Samuel Alito, who…
…Republican in Congress. Reagan and Clngress (including the Democratic majority in the house) increased the payroll tax. That is a tax which Romney tends to assert doesn’t exist, but a…
…GDP. It looks like this – Graph 1. Graph 1. Fed Expenditures/GDP Sure enough, by the end of Clinton’s term the ratio had fallen from Reagan’s high of 24% to…
…Reagan/Republican revolution. Aside from a brief respite under Clinton, government debt has been heading rapidly north ever since. Debt was reduced under every president since World War II, with three…