Blame Reagan for 'generational theft'

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Many Republican U.S. legislators' comments and The Chronicle's Feb. 10 stimulus package editorials ("Placing fear over facts," "The Worst generation?") refer to "generational theft." It is clear to me that it is the trickle-down, giving tax breaks to the wealthy, that has led to the present chaos and worst generational theft in our history.

It started with Ronald Reagan, the king of generational theft, and was continued and amplified by its emperor, George W Bush. I'll never forget hearing Reagan say that he saw no difference between government borrowing and government taxing to pay for his unprecedented increases in armaments, while giving massive tax breaks to the wealthy.

That is what generational theft is, and G.W. followed Reagan's direction with gusto into the hole we now find ourselves. Even so, in a way that seems the height of bullheadedness, these people argue against any element of the stimulus that is not trickle-down.

Thank God that President Obama understands this, and we finally have a chance to change direction.

Larry Kelliher

Augusta

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SandyK2005
1
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SandyK2005 02/12/09 - 03:36 am
0
0
Reagan was a Democrat, which

Reagan was a Democrat, which folks tend to want to forget. Republicans now are mostly Neo-Cons that are no more conservative than Mao. They never saw a tax dollar they didn't want to spend; soft on immigration; so pro business TR will be rolling in his grave; love Israel so much it's almost the 51st state (which, BTW is still socialist complete with it's Communist hangovers, communes) and it basically dictates policy in the Middle East, not the USA. Naw, conservatives don't really exist in the GOP anymore. Which is why Traditional conservatives tend to be independents or with some other third party, as the stench in the GOP is too strong to want to return. AC's owner's father wouldn't recognize the GOP anymore.

_SisterAbdullahX_
3
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_SisterAbdullahX_ 02/12/09 - 04:52 am
0
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Sandy....do you even know

Sandy....do you even know what a Neo-Con is, or do you just like using that worn out buzzword?

patriciathomas
42
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patriciathomas 02/12/09 - 05:52 am
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Larry, the "massive tax

Larry, the "massive tax breaks" came as a result of the "massive tax increases" piled on by Carter and the "massive interest rates" that resulted from the "massive tax rates". Reagan brought prosperity to this country that continued into the Clinton years, where it was ended by a continuation of the "massive tax increases". Worry not, you're about to see the same thing all over again. If you liked Carter, you'll love Obama.

JesusIsComing
9
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JesusIsComing 02/12/09 - 06:08 am
0
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Mr Kelliher, Ronald Reagan's

Mr Kelliher, Ronald Reagan's tax cuts (as Bush's tax cuts did) INCREASED the amount of money coming into the US Treasury. For Reagan the problem was a Democrat congress that spent more than they took in. For Bush it was a Republican-in-name-only/Democrat congress that spent more than they took in (plus 9/11 and two wars). Ronald Reagan's spending on defense won the Cold War. The US Constitution enumerates very few powers to the federal government but national defense is on the list. Unfortunately, congress finds many other things to spend money on in order to keep some voters happy.

TechLover
15
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TechLover 02/12/09 - 08:51 am
0
0
jesus; The Dem Congress's

jesus; The Dem Congress's spending bills were actually less than what was proposed by Reagan.Let me get this straight; Reagan:worshipped by right wing, all he did was good, everything worked out great, receives all the credit Congress was Dem under Reagan, receives no credit, anything bad was their fault.Clinton:bad,everything bad that happneded was his fault, house and Senate controlled by Repubs 6 of 8 years, everything good that happened was due to them, not Clinton, W:worshipped by right wing, house controlled by Reps 6 of 8 years, senate 4 of 8 years, anything good that happened was due to them, anything bad the Dems fault. The right are like little children, if something good happens it's "look how good I did", if it's bad it's"I didn't break it".

dani
13
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dani 02/12/09 - 08:53 am
0
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We haven't changed direction.

We haven't changed direction. We aren't going up or sideways, we are digging ourselves deeper. So many people insist on believing in Obama when the facts are there for all to see. Economists say that with this spending bill rather than increase jobs the unemployment rate will rise from the current 7.6 to 9%. I think 9% is the rate of unemployment in 1974, and I don't think we used an artificial stimulant bill to correct the problem. Shouldn't we "Be afraid"?

JesusIsComing
9
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JesusIsComing 02/12/09 - 08:59 am
0
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Be VERY afraid.

Be VERY afraid.

deekster
24
Points
deekster 02/12/09 - 10:08 am
0
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Reagan began the taxation of

Reagan began the taxation of Social Security Benefits in 1983. What a surprise. You think if you retire that money you placed in "that supposed account" would be yours, NOT. Even if you don't work you are taxed. Reagan has a "single focus". It was to bring down the "existing "Soviet Union". Everything else during his term was not his doing. Now the former Soviet union is here, just a it was planned. Carter brought the communist in from Russia and Cuba. But we were growing our own "little Reds" all the while in our colleges.

deekster
24
Points
deekster 02/12/09 - 10:11 am
0
0
Hitler knew how to "bring

Hitler knew how to "bring change" to a nation. Get rid of the old, sick, retarded, devotly religious and all who oppose the "new view". His downfall was the "quest for Russia" and its lands. Same for Napoleon.

egan01
0
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egan01 02/12/09 - 10:14 am
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Some people can't help

Some people can't help showing thrie ignorance.

southernguy08
532
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southernguy08 02/12/09 - 10:15 am
0
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Gee Larry, I received a tax
Unpublished

Gee Larry, I received a tax cut under Reagan. Sure didn't know I was rich. Why is it when Republican presidents want tax cuts, liberals always scream it's for the rich. When Obama campaigned on tax cuts, liberals now claim it's for working people. Working Americans are rich, middle class, and poor. Give them all a tax cut on a regular basis and see how the economy improves. Cut the FICA that we see deducted from our paychecks every week and see what that extra spending power for Americans does. CONGRESS, IT'S NOT YOUR MONEY!!!!

dani
13
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dani 02/12/09 - 11:24 am
0
0
So egan..what are you trying

So egan..what are you trying to tell us?

dani
13
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dani 02/12/09 - 11:25 am
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deekster..Exactly.

deekster..Exactly.

carcraft
28605
Points
carcraft 02/12/09 - 11:27 am
0
0
I have never seen so much

I have never seen so much ingnorance. Reagan "shut down government" by not signing appropriation bills due to the Dems larding them up and spending so much. Reagan was a Democrate then became a very conservative Republican. Reagan was brilliant, Carter was a bumbler and lead to my becoming a Republican. The over spending under Reagan was due to a Democratic congress over spending. Reagan had two choices, sign the appropriations bills or veto them, congress controls the purse strings PERIOD!

southernguy08
532
Points
southernguy08 02/12/09 - 11:53 am
0
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Careful, Carcraft...hard and
Unpublished

Careful, Carcraft...hard and simple facts like those will get you in a heap of trouble with the libs!

willistontownsc
55
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willistontownsc 02/12/09 - 12:19 pm
0
0
Hey, Mr. Kelliher, what about

Hey, Mr. Kelliher, what about the two Bushes? Are you just going to leave them out? You're right in saying that the Reagan-era tax cuts started this.

TechLover
15
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TechLover 02/12/09 - 12:56 pm
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car: The apprpopriation bills

car: The apprpopriation bills were for LESS than Reagan proposed. southern: I guess since the Dems controlled Congress you can thank them for your tax cut.

southernguy08
532
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southernguy08 02/12/09 - 01:59 pm
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Williston, what began this
Unpublished

Williston, what began this financial was Congress claiming that every American should have a home. While I agree that every American deserves the right to try to buy a home, I know that there are millions who aren't responsible enough to live within their means and make those regular payments, or buy a home that they can afford. We are seeing the results of this "compassion" now. You want to point fingers? Try Maxine Waters, Barney Frank, and Christopher Dodd when Repubs tried to get more regulation passed 5 years ago to stop some of these toxic mortgages that Franklin Raines, then head of Fannie Mae, said were safe. Maxine Waters said that questioning Raines was "a lynching," a reference to his being African-American. Barney Frank said, "We trying to fix a system that isn't broken." That was 2004, but according to you, Republicans are the source of all the problems in the world. Tell me another one, Williston, I need a good laugh!

southernguy08
532
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southernguy08 02/12/09 - 02:01 pm
0
0
Tech, I do thank them. And
Unpublished

Tech, I do thank them. And since the economy took off after the tax cuts, cuts that Reagan proposed, you can thank them, and Reagan too. Go ahead...I'll wait.

carcraft
28605
Points
carcraft 02/12/09 - 02:26 pm
0
0
Sorry Techlover but you are

Sorry Techlover but you are wrong here are Reagan's purposed budgets and what congress passed and differance in billions
1982 695.3 745.8 7.3
1983 773.3 808.4 4.5 (12.1)
1984 862.5 851.8 -1.2 (10.8)
1985 940.3 946.4 0.7 (11.6)
1986 973.7 990.3 1.7 (13.5)
1987 994.0 1003.9 1.0 (14.6)
1988 1024.3 1064.1 3.9 (19.1)
1989 1094.2 1144.2 4.6 (24.5)
______________________________________
Totals $7,357.6 $7,554.9 Avg 2.8 (3.

carcraft
28605
Points
carcraft 02/12/09 - 02:28 pm
0
0
1982 695.3

1982 695.3 745.8 7.3
1983 773.3 808.4 4.5 (12.1)
1984 862.5 851.8 -1.2 (10.8)
1985 940.3 946.4 0.7 (11.6)
1986 973.7 990.3 1.7 (13.5)
1987 994.0 1003.9 1.0 (14.6)
1988 1024.3 1064.1 3.9 (19.1)
1989 1094.2 1144.2 4.6 (24.5)

carcraft
28605
Points
carcraft 02/12/09 - 02:29 pm
0
0
Only one year did Reagan

Only one year did Reagan purpose more than congress passsed 1984

mar_1081
0
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mar_1081 02/12/09 - 02:48 pm
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0
Hmm...why shouldn't we have

Hmm...why shouldn't we have flat tax....that would be fair. Other then that, i dont care how much the rich people's tax cuts are - I still pay a smaller percentage then they do!

patriciathomas
42
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patriciathomas 02/12/09 - 06:00 pm
0
0
Flat tax is no more fair than

Flat tax is no more fair than the graduated tax. The consumer tax is though.

SandyK2005
1
Points
SandyK2005 02/12/09 - 09:32 pm
0
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"Sandy....do you even know

"Sandy....do you even know what a Neo-Con is, or do you just like using that worn out buzzword?" ----- Neo-Conservatism was created by folks who were former communists. Your Billy Kristol on Fox News dad (Irving Kristol) was a communist, did you know this? That's why you have had 8 years of spending and moral/ethical lapses; constitutional tomfoolery -- all because a commie doesn't have any loyalty to faith or country, it's only anarcho-capitalist money. Add the Reagan Democrats (which you are at heart), the GOP is no longer the party of Lincoln, heck, even remotely that of TR's. Communist pigs, that's what you GOPers are now.

_SisterAbdullahX_
3
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_SisterAbdullahX_ 02/13/09 - 05:55 am
0
0
I see the answer is no.

I see the answer is no.

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