http://washingtonindependent.com/2753/obamas-economic-agenda National News in Context Thu, 26 Nov 2009 01:26:29 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://washingtonindependent.com/2753/obamas-economic-agenda/comment-page-1#comment-37365 Don Inman Wed, 01 Oct 2008 03:09:55 +0000 http://www.washingtonindependent.com/?p=2753#comment-37365 There is one thing highly misrepresented in this article. To say that Reagan established a good economy is totally misleading. After almost two years of Supply-Side-Economics failure the Administration changed to Demand-Side-Economics, by enacting in late 1982, a tax credit for the purchase of business automotive vehicles. This created a huge boom in the automotive business but it brought the country to its knees because thinking we were having an economic boom, every phase of real estate over-built. Large banking chains and savings and loans were going belly-up all over America. It was disastrous times. I personally lost my half interest in a 20,000 sq. ft. office building in Houston, Texas, (Built in 1975) appraised at $2,500,000, on which we owed $400,000, but couldn't even get anyone to take over the loan. So don't talk to me about having good economic times created by Ronald Reagan. Besides his tax cuts for the wealthy in 1986 created the hassle we are in today. For the first time in the history of income tax, personal rates dropped below corporation rates. As an after effect, between the years of 1986 and 1991, owners and CEO's raised their incomes over 2,200 percent, and in some cases bankrupted their own companies. I was also a victim of a couple of these bankrupcies, created by the Reagan Administration. <br>I was also a victim There is one thing highly misrepresented in this article. To say that Reagan established a good economy is totally misleading. After almost two years of Supply-Side-Economics failure the Administration changed to Demand-Side-Economics, by enacting in late 1982, a tax credit for the purchase of business automotive vehicles. This created a huge boom in the automotive business but it brought the country to its knees because thinking we were having an economic boom, every phase of real estate over-built. Large banking chains and savings and loans were going belly-up all over America. It was disastrous times. I personally lost my half interest in a 20,000 sq. ft. office building in Houston, Texas, (Built in 1975) appraised at $2,500,000, on which we owed $400,000, but couldn't even get anyone to take over the loan. So don't talk to me about having good economic times created by Ronald Reagan. Besides his tax cuts for the wealthy in 1986 created the hassle we are in today. For the first time in the history of income tax, personal rates dropped below corporation rates. As an after effect, between the years of 1986 and 1991, owners and CEO's raised their incomes over 2,200 percent, and in some cases bankrupted their own companies. I was also a victim of a couple of these bankrupcies, created by the Reagan Administration.
I was also a victim

]]> http://washingtonindependent.com/2753/obamas-economic-agenda/comment-page-1#comment-7380 Don Inman Tue, 30 Sep 2008 20:09:55 +0000 http://www.washingtonindependent.com/?p=2753#comment-7380 There is one thing highly misrepresented in this article. To say that Reagan established a good economy is totally misleading. After almost two years of Supply-Side-Economics failure the Administration changed to Demand-Side-Economics, by enacting in late 1982, a tax credit for the purchase of business automotive vehicles. This created a huge boom in the automotive business but it brought the country to its knees because thinking we were having an economic boom, every phase of real estate over-built. Large banking chains and savings and loans were going belly-up all over America. It was disastrous times. I personally lost my half interest in a 20,000 sq. ft. office building in Houston, Texas, (Built in 1975) appraised at $2,500,000, on which we owed $400,000, but couldn't even get anyone to take over the loan. So don't talk to me about having good economic times created by Ronald Reagan. Besides his tax cuts for the wealthy in 1986 created the hassle we are in today. For the first time in the history of income tax, personal rates dropped below corporation rates. As an after effect, between the years of 1986 and 1991, owners and CEO's raised their incomes over 2,200 percent, and in some cases bankrupted their own companies. I was also a victim of a couple of these bankrupcies, created by the Reagan Administration. <br>I was also a victim There is one thing highly misrepresented in this article. To say that Reagan established a good economy is totally misleading. After almost two years of Supply-Side-Economics failure the Administration changed to Demand-Side-Economics, by enacting in late 1982, a tax credit for the purchase of business automotive vehicles. This created a huge boom in the automotive business but it brought the country to its knees because thinking we were having an economic boom, every phase of real estate over-built. Large banking chains and savings and loans were going belly-up all over America. It was disastrous times. I personally lost my half interest in a 20,000 sq. ft. office building in Houston, Texas, (Built in 1975) appraised at $2,500,000, on which we owed $400,000, but couldn't even get anyone to take over the loan. So don't talk to me about having good economic times created by Ronald Reagan. Besides his tax cuts for the wealthy in 1986 created the hassle we are in today. For the first time in the history of income tax, personal rates dropped below corporation rates. As an after effect, between the years of 1986 and 1991, owners and CEO's raised their incomes over 2,200 percent, and in some cases bankrupted their own companies. I was also a victim of a couple of these bankrupcies, created by the Reagan Administration.
I was also a victim

]]> http://washingtonindependent.com/2753/obamas-economic-agenda/comment-page-1#comment-3155 J.G. Mon, 25 Aug 2008 05:16:44 +0000 http://www.washingtonindependent.com/?p=2753#comment-3155 Type your comment here.How can this race be close when any half-wit knows McCain will destroy our economy just like Bush. People get a grip. Type your comment here.How can this race be close when any half-wit knows McCain will destroy our economy just like Bush. People get a grip.

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