You know that liberal Democrats are fearing for their collective political lives by the way they continue to bash former Republican Presidents. They continue to bash George W. Bush for the current economy and Hurricane Katrina. Now they're ripping into Ronald Reagan as America prepares to celebrate his centennial birthday on February 6th, 2011. They love delivering their cheap shots to knock the Gipper down a peg or two. Even the liberal guests on Fox News get in on the action to destroy the reputation and record of the greatest President of the 20th century.
On Sean Hannity's show, Bob Beckel - the morbidly obese ex-alcoholic liberal brainless no-good blowhard - loves to give Reagan his jabbing insults every Monday on Hannity's 'Great American Panel' segment. He just loves to play the same old record that the liberals love to do. Beckel keeps talking about the unemployment rate back in 1982, which was in double digits. He also stresses Reagan's low approval rating in 1982. He and all of the other liberals want you to believe that the 1980s ended in 1982 without telling the truth about what happened between 1983 and 1989. For those of you who don't know, here's the scoop.
President Reagan cut the top marginal income tax rate from 70% to 28% while cutting taxes across the board. 20 million jobs were created in America during the 1980s, which was virtually the greatest economic boom in the country's history. Tax revenues jumped from about $500 billion in 1980 to about $1 trillion in 1990. By the end the decade, the top income earners paid a much greater percentage of the tax burden despite having their tax rates cut. Crime and drug abuse also went way down. The Berlin Wall fell on November 9th, 1989, leading to the collapse of the Soviet Empire. As for Reagan's popularity, he won his second term for President in 1984 against Walter Mondale by a score of 525-13 in the Electoral College. Can you guess who was Mondale's campaign manager in that campaign? It was that morbidly obese ex-alcoholic liberal brainless no-good blowhard himself, Bob Beckel. He also worked for President Jimmy Carter, the other Democrat whom Reagan pounded in 1980 to become President.
The truth hurts, doesn't it Bob!
G.J. LaRouche, 26 August 2010
Thursday, August 26, 2010
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