Monday, May 30, 2011

President Ronald Reagan


Well, for what it's worth…President Ronald Reagan worked for America at that point in time in which he was direly needed. He lowered taxes, the economy boomed...it seems that the individual knows more how to spend their money than the government does. Case in point, more "people of color (love that phrase)," moved up socio-economically than in any other previous decade since the Civil War. Also, Reagan's increased military-budget spending (based on increased tax revenue due to more people spending their money on various consumer goods that they wished to consume) led to R&D of something which will later be called "the Internet," not sure if that has helped society out (sarcasm intended). Reagan's increased military spending led to more aggressive advances in cellular technology, digital technology, as well as a host of medical advances from those "evil big phrama" companies. In this oversimplified explanation, this increased Reagan spending led to the Communist world spending money it did not have in an attempt to keep up on the "technology gap." Communism did not work due to it's failure to recognize human nature in the political and economic process. People do not wish to be equal in outcome, but equal in opportunity...Now was Reagan without his negatives...nope. However, society flourished as most boats raised economically as more people spent their money...

I'll leave you with this, President Obama want to spend 30 billion dollars to stimulate the economy...why not give back to the people, their contribution (taxes) to the state, I haven't run the numbers, but say each contributor gets $10,000. What would be the result? People buying what they wish...kitchen's getting remodeled, cars being purchased, bills being paid off (which in turn would lead to future spending), etc...We the people would stimulate the economy...not the government...let the people choose what and how much of product "x" is to be supplied to the market? Bottom line of Reagan...give the people back their money and let them spend it...and reap the tax revenue at the state and federal level...Yes, I endorse this diatribe...

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