The current White House occupant spewed so many lies during his taxpayer funded December 6th campaign stop in Osawatomie Kansas that I had to turn his speech off before screaming objections to his rubbish filled remarks destroyed my vocal cords.
When speaking of Conservative economic policy…and I quote: “But here’s the problem: It doesn’t work. It has never worked. It didn’t work when it was tried in the decade before the Great Depression.”
Then why were they called the roaring twenties? Facts are, detailed IRS data shows that the Mellon tax cuts resulted in greater tax payments and a larger tax share paid by those with high incomes. Meanwhile they also led to an annual average growth rate of 4.7%.
Conservative economic policies have never worked? Then why did President Ronald Reagan’s economy esperience a 7.2 % growth rate in 1984? During the Reagan expansion of 1983-89, the economy grew by an average annual rate of 3.8%.
Facts show that the results of the 20s and the 80s were far better than FDR’s, Jimmy Carter’s…or yours.
So quit borrowing from Karl Marx to play the pro-big government class warfare card, claiming the middle class is “under siege” by rich people. Getting ahead in America has never been about big government stealing from the rich to give to the poor. Positive results occur when government doesn’t needlessly interfere in the private sector economy.