The eight long years from Jan. 20, 1981-Jan. 20,1989. The Republican
president, Ronald Wilson Reagan
worked hard as commander in chief in the war on the middle class. The heinous eCONomic policy called "trickle down economics" or Reganomics
cut taxes on the big businesses and the rich. This shifted the tax burden to the middle class and tripled the national debt. Dennis Miller described "trickle down" best when he acknowledged this truth: "they admit it-- they're gonna piss on you!"
Along with the terrible eCONomic policy, Ronald Reagan
worked to destroy unions (remember air traffic controllers' strike?) During the Reagan Administration, the U.S. backed Saddam Hussein during his war with Iran and helped to establish the Taliban
to help Afganistan fight off the Soviet Union. (Funny how the G.O.P.
changed course on this)
Overall, the Reagan Administration was an awful, inept or just plain evil bunch of crooks. The bad effects of this era are still haunting us 20 years later.
The fact that theRepublican Party
idolizes Reagan today is mind boggling!
The largely conservative presidential administration serving during most of the 1980's (1981-1989). Under Reagan was the largest tax cut ever, the creation of twenty million new jobs, a drop of inflation by 9%, and reduced unemployment. By the end of the 1980's, the U.S. had its longest recorded period of peacetime prosperity, without a recession or depression.
The administration increased defense spending and confronted the Soviet Union and its communist allies, as Reagan was very anti-communist and anti-socialist. He also believed that the U.S. economy was held down by excessive economic controls and social programs. The botched Iran-Contra Affair happened under this administration, a scandal which has been compared by some to the more recent Fast & Furious and Benghazi scandals which, unlike Iran-Contra, have been brushed off by most of the media since the media was directly and indirectly hampered under the Obama Administration.
Who remembers the 80's? Hair bands ruled, the Space Shuttle still flew, Reagan Administration was at the helm, and the media actually did its job.
to refer to something as very old, to date it back to the Reagan Administration (1981-1989)
Did you go to class today?
I haven't gone to class since the Reagan Administration.