Posted by
The New THOMA$ REPORT on Wednesday, March 24, 2010 5:39:49 PM
Liberals like to talk about how Reagan “hurt a lot of people.” He did not; unless you consider those who won’t work. He got rid of a few of the “giveaway programs,” and that MIGHT have hurt a few who would not work and prefer to live on the “public dole.” He lowered the base tax rate from the 70% range to 28%, creating one of the biggest, longest lasting economic booms that ever happened. Kennedy also lowered the tax rate and created a boom, but not as big because Congress was liberal. Bush lowered the tax rate yet again, and caused the boom to continue until the liberal scam to win the 2008 election “kicked in" in late 2008, causing an “economic slowdown” that got him the presidency. (
Heritage Foundation)