Reaganomics

Page
4

1.JOBS—grew by 43% more under Clinton.

2.GDP---grew by 57% more under Clinton.

3.DOW—grew by 700% more under Clinton

4.NASDAQ-grew by 18 times as much under Clinton.

5.SPENDING--grew by 28% under Clinton---80% under Reagan.

6.DEBT—grew by 43% under Clinton—187% under Reagan.

7. DEFICITS—Clinton got a large surplus--grew by 112% under Reagan.

8.NATIONAL INCOME—grew by100% more under Clinton.

9.PERSONAL INCOME—Grew by 110% more under Clinton.

(Clinton’s Greatest Record by Far)

Slide 23

Slide 24

“Let’s Bury Reaganomics with it’s Founder”

“Reagan's unashamed wielding of US power and money may have hastened Soviet collapse. But at home, what he really made Americans feel good about was getting rich, no matter the social cost… So while others laud Reagan this week, I'm one who won't mourn his departure. If only we could bury his legacy with him.”

-Tony Horwitz

(Let’s Bury Reaganomics with it’s Founder)

Slide 25

“Lets Bury Reaganomics with it’s Founder”

Horwitz feels Reaganomics hurts the American People as it makes people feel good about getting rich quick. He feels that Reagan was reviving the old ways of the Gilded Age Economy, and he believed that this hurt America socially as “the rich got richer, and the poor got poorer”.

(Let’s Bury Reaganomics with it’s Founder)

Slide 26

Tony Horwitz

Slide 27

Horwitz view of Reaganomics (right). This picture expresses how Horwitz feels as the new “communist” regime was taking affect thru Reagan, and how he believed that Reaganomics was putting the government ahead, but the lower and middle classes as the Russian peasants would be in the USSR at the peak of it’s Communistic Society.

Slide 28

Conservative or Liberal???? Redistribution of Wealth…

“For conservatives, wealth is redistributed by companies, via profits. What is not returned to the masses directly (to employees in the form of pay and benefits) is passed on to the consumer in terms of goods and services (both products and charity work that many corporations participate in.) For liberals, wealth is redistributed by the government, via taxes. What is not returned to the masses directly (rebate checks, for instance) are returned in services (usually infrastructure.)”

(Reaganomics, Wealth Distribution…)

Slide 29

The Redistribution of Wealth…